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Question 1 Strategy is derived from the Greek word strategos, meaning military leader or general.
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False
Question 2 According to
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Igor Ansoff
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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.
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False
Question 4 The systematic analysis of the factor associated with customers and competitors and the organization
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Answer: Strategic Management
Question 6
It is the framework used to evaluate a company's competitive position and to
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develop strategic planning.
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Question 7
He defines strategy as a creation of a unique and valued position involving a different activity from
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rivals or performs similar activities in different ways.
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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
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itself to provide the basis for maintaining optimum management practices.
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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
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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
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1.00 Select one:
A. Techniques
B. Plan
C. Strategy
Question 11
Igor Ansoff
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viewed that in developing strategy, it was essential to systematically anticipate future environmental
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1.00 challenges to an organization, and draw up appropriate strategic plans for responding to these
challenges.
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False
Question 14 Strategic Management serves as a foundation for all key decisions of the firm.
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False
Question 15 Strategy deals with long term developments rather than short-term operations.
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False
◄ Introduction to Strategic
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