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A strategy-planning activity in which top management envisions various what-if scenarios to anticipate plausible futures in order to derive strategic responses is known as planning.
Your Answer correctFill in the blank question.A strategy-planning activity in which top management envisions various what-if scenarios to anticipate plausible futures in order to derive strategic responses is known as scenarioField 1Field 1 scenario , Correct Unavailable planning.Corr...
Read MoreSerena is the CEO of an online retailer. She and her immediate staff have decided to implement a company-wide marketing strategy to improve online sales in Central and South America. What type of strategic approach is Serena engaging in?
Your Answer correctSerena is the CEO of an online retailer. She and her immediate staff have decided to implement a company-wide marketing strategy to improve online sales in Central and South America. What type of strategic approach is Serena engaging in?Multiple choice question.strategy as pl...
Read MoreThe executives of a computer software company developed an intended strategy to make the company more competitive. The company's ultimate strategy contained elements not only of the intended strategy but also unplanned elements from a(n) strategy.
Your Answer correctThe executives of a computer software company developed an intended strategy to make the company more competitive. The company's ultimate Blank______ strategy contained elements not only of the intended strategy but also unplanned elements from a(n) Blank______...
Read MoreWhich of the following is the least formal approach to setting the strategy process?
Your Answer correctWhich of the following is the least formal approach to setting the strategy process?Multiple choice question.strategic planningscenario planningReason: This is a relatively formal, top-down planning approach.top-down strategic planningstrategy as planned emergencecorrect...
Read MoreWhich of the following is the least formal approach to setting the strategy process?
Your Answer correctWhich of the following is the least formal approach to setting the strategy process?Multiple choice question.strategic planningscenario planningReason: This is a relatively formal, top-down planning approach.top-down strategic planningstrategy as planned emergencecorrect...
Read MoreWhich of the following are characteristics of the strategic plan that makes up an intended strategy?
Your Answer correctWhich of the following are characteristics of the strategic plan that makes up an intended strategy? Multiple select question.ImprovisedRationalcorrectStructuredcorrectTop-downcorrectCorrect AnswerQuestionRationalStructuredTop-down...
Read MoreA(n) is a statement of principles to guide an organization as it works to achieve its vision and fulfill its mission.
A(n) Blank______ is a statement of principles to guide an organization as it works to achieve its vision and fulfill its mission.Multiple choice question.core values statementcorrectupper echelons theorybusiness strategystrategic commitmentCorrect AnswerQuestioncore values statement...
Read MoreStrategy that emerges from the bottom up is almost always chaotic and uncontrollable.
Your Answer correctStrategy that emerges from the bottom up is almost always chaotic and uncontrollable. True false question.TrueReason: Through planned emergence, managers can evaluate and coordinate bottom-up strategy emergence.FalsecorrectCorrect AnswerQuestionFalse...
Read MoreA outlines what an organization does, while a vision outlines what the organization wants to do.
A missionField 1Field 1 mission , Correct Unavailable outlines what an organization does, while a vision outlines what the organization wants to do....
Read MoreWhich of the following statements about scenario planning is true?
Your Answer correctWhich of the following statements about scenario planning is true?Multiple choice question.It asks the question, "What are the core values?"It starts with a top-down approach.correctIt takes place at the corporate level but not the business level of strategy.It assumes that c...
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