1.

It is a strategic planning technique used to help a person or organization identify different

factors in business competition or planning.
Environmental Analysis
Mission
Vision
SWOT analysis

2. It is the process of managing, planning, and analyzing in order to reach all organizational goals.
Strategic Management Process
Strategy
Strategic Intent
Strategy Formulation

3. It helps employees, upper management, shareholders and the public to understand what the
company stands for and strives for in both the long-term and short-term.
Strategic Management Process
Strategy
Strategic Intent
Strategy Formulation

4. It is a guide of the business to what they want to achieve, and to how they are going to
accomplish it in the future.
Vision
Mission
Goals and objectives
Business Model

5. The following describes the Opportunities in the SWOT Analysis, except:

It shows what good chances the business can get.
It shows how the business can easily adapt despite of the changes in technology.
It shows how your current competitors are doing.
None of the above.

6. Which of the following best describes environmental scanning?

It affects the effectiveness of business strategies.
It can anticipate changes that may happen in the future.
It gives businesses or organizations time to adjust on changing environment.
All of the above

10. The following best describes the Threats in the SWOT Analysis, except:
It shows what prospects or good chances the business can get.
It shows how changing technology affects the current business situation.
It shows how your current competitors are doing.
None of the above.
7. Which of the following may affect a business under economic forces?
Interest rates
Portable devices
Emerging markets
Oil price

8. Which of the following may not affect a business under political forces?
Taxation
LGBT legality
Government administration
Corruption

9. The following best describes the Weakness in the SWOT Analysis, except:
It shows factors that needs to be improved.
It determines factors why the competitor does better.
It identifies the factors why the business loose sales.
None of the above.

10. Which of the following may affect a business under social forces?
Growing population of vegan eaters.
Growth market of mobile robots.
Changes in the climate.
Government intervention.

11. It is a factor that regulates the exchange of materials, money, energy, and information.
Economic Factor
Political Factor
Social Factor
Legal Factor

12. It is a characteristic of a good vision statement where it describes what the organization intends
to achieve this year or the following year.
Future focused
Clarity
Sets a desirable goal
Matches the organization’s success measures

13. It is a characteristic of a good vision statement where the organization describes its goals using
terminologies that can be understood by everyone else.
Clarity
Future focused
Sets a desirable goal
Matches the organization’s success measures

14. It is about where the business is now and the reason for its existence.
Mission
Vision
Goals and objectives
Business Model

15. It is a characteristic of a good mission statement that provides a shared sense of purpose
outside of the various activities taking place within an organization.
Motivating
Distinctive
Feasible
Precise

16. It refers to the company’s plan for making a profit on what they do.
Business Model
Vision
Goals and objectives
Mission

17. It is a business model where people sell products directly to other people.
Direct Sales
Franchising
Advertising – Based
Brick and Mortar stores

18. It is a business model where the owner has at least one physical location that offers products to
its customers face-to-face in a sore which he/she owns or rents.
Brick and Mortar stores
Direct Sales
Franchising
Advertising – Based

19. Which of the following is an example of an objective?

20. Which of the following is not true about corporate strategies?

21. Which of the following is an example of business strategy?
22. What is the difference between a business strategy and a functional strategy?
23. What should the business do if the strategy is not moving towards the company goals?
Take necessary actions.
Create a new strategy.

24. It is a type of strategic control that is used to test the validity of the strategy despite of the
various government policies that may affect the business.
Premise control
Strategic Surveillance
Implementation control
Special Alert control

25. It is a type of strategic control that is used to test the validity of the strategy despite of internal
and external events that may threaten the business.
 Strategic Surveillance
Implementation control
Special Alert control
Premise control
Identify what type of PESTLE analysis are the scenarios below.

A – Social Factor D – Legal Factor

B – Economic Factor E – Technological Factor

1. The government might require a variety of licenses and permits in order to continue the
operation of the business.
D
2. With the increase in inflation and joblessness, the customer’s buying and travel behavior might
be affected.

B
3. The business might need to develop or enhance its product because of the changes in the diet
or food preferences of customers.
A
4. The business is affected by the current consumer law that allows guests to demand a refund if
they are not satisfied with the product or service.
C
5. The business allows customers to buy their products using an online app.
E