The SWOT approach assesses an organization's:

• A) Strengths, Weaknesses, Opportunities, Threats
• B) Signs, Worries, Objectives, Techniques
• C) Studies, Workflows, Opportunities, Trials
• D) Speed, Wants, Order, Timing

Which of the following types of plans are highly interdependent and must take into account the resources and capabilities of the entire organization and its external environment?

• A) Tactical plans
• B) Strategic plans
• C) Operational plans
• D) Budgetary plans

Which one of the following is strength of MBO (Management by Objective)?

• A) Overemphasis of quantitative goals
• B) Requires training of employees
• C) Clarify priorities and expectation
• D) Tends to falter without strong commitment

The set of processes involved in creating or determining the strategies of the organization is called:

• A) Strategy imitation
• B) Strategy evaluation
• C) Strategy implementation
• D) Strategy formulation

Goals are often called which of the following?

• A) A lot of other names by various organizations
• B) The basis for all the other functions
• C) The foundation of planning
• D) Managements’ do or die objectives

In which one of the following plans, time horizon tends to be long from 3 to 5 years or more?

• A) Operational
• B) Functional
• C) Tactical
• D) Strategic

Which phase of the strategic management process involves translating strategic plans into action?

• A) Strategy evaluation
• B) Strategic analysis
• C) Strategy implementation
• D) Strategy formulation

In the BCG Matrix, which quadrant represents products with high market share in a fast-growing market?

• A) Stars
• B) Dogs
• C) Question Marks
• D) Cash Cows

Which one of the following is weakness of MBO?

• A) Foster employee motivation
• B) Coordination of goals and plans
• C) Requires training of employees
• D) Clarify priorities and expectation

Which of the following is NOT a process for motivating employees through management by objectives (MBO)?

• A) Managers make performance appraisals of employees
• B) Managers set objectives for the employees
• C) Managers develop action plans
• D) Managers and employees periodically review the employee's performance

MBO (Management by Objective) makes______objectives by devising a process in which they cascade down through the organization.

• A) Strategic
• B) Realistic
• C) Directional
• D) Operational

Which quadrant of the BCG Matrix indicates products that have low market share in a slow-growing market?

• A) Dogs
• B) Question Marks
• C) Stars
• D) Cash Cows

Which of the following BEST describes directional plans?

• A) Meet the needs of a unique situation
• B) Identify general guidelines
• C) Last for 3–5 years
• D) Have clearly defined objectives

Budget is drafted to achieve the:

• A) Long-term goals
• B) Strategic goals
• C) Financial goals
• D) Short-term goals

Plans that provide guidelines for activities to be performed repeatedly like policy and procedure are called:

• A) Single use plans
• B) Short term plans
• C) Standing plans
• D) Contingency plans

Strategic management is the process of bringing about the strategy. The key activities in the strategic management process are:

• A) Formulation, analysis, evaluation
• B) Analysis, implementation, review
• C) Analysis, formulation, review
• D) Planning, implementation ,evaluation

Which one of the following is the future end results that usually set by middle management for specific department or unit?

• A) All of the given options
• B) Strategic goals
• C) Tactical goals
• D) Operational goals

"XYZ Company focuses solely on personal hygiene products like deodorant and body creams. What type of strategy is this?"

• A) Focus
• B) Prospecting
• C) Cost leadership
• D) Emergent

A strategy that promotes a superior alignment between the organization and its environment and the achievement of strategic goals, is called:

• A) Scope
• B) Deliberate strategy
• C) Effective strategy
• D) Emergent strategy

When objectives are not written down or rarely verbalized, and the planning is general and lacks continuity, which of the following types of planning is used?

• A) Informal planning
• B) Formal planning
• C) Economic planning
• D) Environmental planning