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10/15/2020 Prelim Quiz 1: Attempt review

Home / My courses / UGRD-MGT6370A-2016S / WEEK 1: Introduction to Strategic Management / Prelim Quiz 1

Started on Sunday, 4 October 2020, 4:35 PM


State Finished
Completed on Sunday, 4 October 2020, 4:41 PM
Time taken 6 mins 16 secs
Grade 16.00 out of 20.00 (80%)

Question 1 Strategy is derived from the Greek word strategos, meaning military leader or general.
Complete

Mark 1.00 out of Select one:


1.00
True

False

Question 2 According to
Complete
Igor Ansoff
Mark 1.00 out of
1.00 , strategy is organisation‘s pattern of response to its environment over a period of time to achieve its
goals and mission.”

Question 3 Strategy provides overall framework for guiding organizational thinking and action.
Complete

Mark 1.00 out of Select one:


1.00
True

False

Question 4 The systematic analysis of the factor associated with customers and competitors and the organization
Complete itself to provide the basis for maintaining optimum management practices.
Mark 1.00 out of
1.00
Answer: Strategic Management

Question 5 SWOT stands for ?


Complete

Mark 0.00 out of


4.00 Answer: Strength,Weaknesses,Opportunities,Threats

Question 6
It is the framework used to evaluate a company's competitive position and to
Complete
develop strategic planning.
Mark 1.00 out of
1.00

Answer: SWOT analysis

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10/15/2020 Prelim Quiz 1: Attempt review

Question 7
He defines strategy as a creation of a unique and valued position involving a different activity from
Complete
rivals or performs similar activities in different ways.
Mark 1.00 out of
1.00

Select one:
a. Chandler

b. Micheal Porter

c. Glueck

Question 8
The systematic analysis of the factor associated with customers and competitors and the organization
Complete
itself to provide the basis for maintaining optimum management practices.
Mark 1.00 out of
1.00

Select one:
A. Systematic Management

B. Scientific Management

C. Strategic Management

Question 9 Without a perfect foresight, the firms must be ready to deal with the uncertain events which constitute
Complete the business environment.
Mark 1.00 out of
1.00 Select one:
True

False

Question 10 It is a method or plan chosen to bring about a desired future, such as achievement of a goal or a
Complete solution to a problem. 
Mark 1.00 out of
1.00 Select one:
A. Techniques

B. Plan

C. Strategy

Question 11
Igor Ansoff
Complete
viewed that in developing strategy, it was essential to systematically anticipate future environmental
Mark 1.00 out of
1.00 challenges to an organization, and draw up appropriate strategic plans for responding to these
challenges.

Question 12 Johnson and Scholes three ways in strategies selection.


Complete

Mark 3.00 out of


3.00 Answer: Selection against objectives, Referral to a higher authority, Partial Implementat

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10/15/2020 Prelim Quiz 1: Attempt review

Question 13 Igor Chandler is the Father of Strategic Management.


Complete

Mark 1.00 out of


1.00 Select one:
True

False

Question 14 Strategic Management serves as a foundation for all key decisions of the firm.
Complete

Mark 1.00 out of Select one:


1.00
True

False

Question 15 Strategy deals with long term developments rather than short-term operations.
Complete

Mark 1.00 out of Select one:


1.00
True

False

◄ Introduction to Strategic
Jump to... Nature of Strategic Management ►
Management

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