Developing a vision and mission, identifying an organization's external opportunities and threats, and determining internal strengths and weaknesses are all __________ activities. a. strategy-formulation b. strategy-implementation c. long-range planning d. short-range planning

Developing a vision and mission, identifying an organization's external
opportunities and threats, and determining internal strengths and weaknesses
are all __________ activities.
a. strategy-formulation
b. strategy-implementation
c. long-range planning
d. short-range planning
by

1 Answer

Answer :

strategy-formulation
by

Related questions

Developing a Vision and Mission, identifying an Organization’s external opportunities & threats and determining internal strengths & weaknesses are all -------------- activities : A. Strategy Formulation B. Strategy Implementation C. Long-range Planning D. Short-range Planning

Description : Developing a Vision and Mission, identifying an Organization’s external opportunities & threats and determining internal strengths & weaknesses are all -------------- activities : A. Strategy Formulation B. Strategy Implementation C. Long-range Planning D. Short-range Planning

Last Answer : Strategy Formulation

SWOT is an abbreviation for: a) Internal Strengths (S), Internal Weaknesses (W), External Opportunities (O), External Threats (T). b) Integrated Strategies (S), Integrated Weaknesses (W), External Opportunities (O), External Threats (T). c) External Strengths (S), External Weaknesses (W), Internal Opportunities (O), Internal Threats (T). d) External Strengths (S), Internal Weaknesses (W), External Opportunities (O), Internal Threats (T).

Description : SWOT is an abbreviation for: a) Internal Strengths (S), Internal Weaknesses (W), External Opportunities (O), External Threats (T). b) Integrated Strategies (S), Integrated Weaknesses (W), ... External Strengths (S), Internal Weaknesses (W), External Opportunities (O), Internal Threats (T).

Last Answer : Internal Strengths (S), Internal Weaknesses (W), External Opportunities (O), External Threats (T).

The SWOT approach assesses an organization's (a) Speed, Wants, Order, Timing ; (b) Structure, Workforce, Organization, Types (b) Strengths, Weaknesses, Opportunities, Threats. ; (d) Signs, Worries, Objectives, Techniques

Description : The SWOT approach assesses an organization's (a) Speed, Wants, Order, Timing ; (b) Structure, Workforce, Organization, Types (b) Strengths, Weaknesses, Opportunities, Threats. ; (d) Signs, Worries, Objectives, Techniques

Last Answer : (b) Strengths, Weaknesses, Opportunities, Threats. ; 

The analysis of __________ focuses on internal factors that give the organisation certain advantages and disadvantages in meeting the needs of its target market A)opportunities and threats B)market opportunities C)strengths and weaknesses D)activities and responsibilities E)organisational resources

Description : The analysis of __________ focuses on internal factors that give the organisation certain advantages and disadvantages in meeting the needs of its target market A)opportunities and threats B)market opportunities C)strengths and weaknesses D)activities and responsibilities E)organisational resources

Last Answer : C)strengths and weaknesses

A possible and desirable future state of an Organization is called --------------- : A. Mission B. Vision C. Strategy Implementation D. Strategy Formulation

Description : A possible and desirable future state of an Organization is called --------------- : A. Mission B. Vision C. Strategy Implementation D. Strategy Formulation

Last Answer : Vision

The acronym SWOT stands for A. Special Weapons for Operations Timeliness B. Services, Worldwide Optimization, and Transport C. Strengths Worldwide Overcome Threats D. Strengths, Weaknesses, Opportunities, and Threats

Description : The acronym SWOT stands for A. Special Weapons for Operations Timeliness B. Services, Worldwide Optimization, and Transport C. Strengths Worldwide Overcome Threats D. Strengths, Weaknesses, Opportunities, and Threats

Last Answer : Strengths, Weaknesses, Opportunities, and Threats

The acronym SWOT stands for A. Special Weapons for Operations Timeliness B. Services, Worldwide Optimization, and Transport C. Strengths Worldwide Overcome Threats D. Strengths, Weaknesses, Opportunities, and Threats

Description : The acronym SWOT stands for A. Special Weapons for Operations Timeliness B. Services, Worldwide Optimization, and Transport C. Strengths Worldwide Overcome Threats D. Strengths, Weaknesses, Opportunities, and Threats

Last Answer : Strengths, Weaknesses, Opportunities, and Threats

------------- are the Resources, Skills and other advantages a Company enjoys relative to it’s competitors : A. Weaknesses B. Strengths C. Threats D. Opportunities

Description : ------------- are the Resources, Skills and other advantages a Company enjoys relative to it’s competitors : A. Weaknesses B. Strengths C. Threats D. Opportunities

Last Answer : Strengths

The acronym SWOT stands for : A. Strong, Weak, Occasion, Traits B. Services, Worldwide, Optimization, Transport C. Strengths, Worldwide, Overcome, Threats D. Strengths, Weaknesses, Opportunities, Threats

Description : The acronym SWOT stands for : A. Strong, Weak, Occasion, Traits B. Services, Worldwide, Optimization, Transport C. Strengths, Worldwide, Overcome, Threats D. Strengths, Weaknesses, Opportunities, Threats

Last Answer : Strengths, Weaknesses, Opportunities, Threats

Strategic fit can be defined as: a) developing strategies based on opportunities and threats in the external environment. b) forecasting opportunities and threats in the external environmentc) reacting to strategic opportunities and threats in the external environment.d) matching the resources and activities of a firm to the external environment.

Description : Strategic fit can be defined as: a) developing strategies based on opportunities and threats in the external environment. b) forecasting opportunities and threats in the external environment c) ... environment. d) matching the resources and activities of a firm to the external environment.

Last Answer : matching the resources and activities of a firm to the external environment.

SWOT analysis is a strategic planning technique used to identify strengths, weaknesses, opportunities, and (A) timing (B) tenure (C) totality (D) threats

Description : SWOT analysis is a strategic planning technique used to identify strengths, weaknesses,  opportunities, and (A) timing (B) tenure (C) totality (D) threats

Last Answer : (D) threats

Identifying an Organization’s existing Vision, Mission, Objectives and Strategies is the final step for the Strategic Management Process

Description : Identifying an Organization’s existing Vision, Mission, Objectives and Strategies is the final step for the Strategic Management Process

Last Answer : False

Strategy Formulation, Implementation and Evaluation activities occur at three hierarchical levels in a large diversified Organization: Corporate, Divisional and Functional

Description : Strategy Formulation, Implementation and Evaluation activities occur at three hierarchical levels in a large diversified Organization: Corporate, Divisional and Functional

Last Answer : True

In the marketing planning cycle, the first stage is: A)implementation of the marketing plan. B)revision or formulation of marketing strategy. C)development or revision of marketing objectives D)assessment of marketing opportunities and resources. E)development or revision of the plan for implementation and control.

Description : In the marketing planning cycle, the first stage is: A)implementation of the marketing plan. B)revision or formulation of marketing strategy. C)development or revision of marketing objectives ... opportunities and resources. E)development or revision of the plan for implementation and control.

Last Answer : C)development or revision of marketing objectives

In the marketing planning cycle, the final stage is: A)implementation of the marketing plan. B)revision or formulation of marketing strategy. C)development or revision of marketing objectives D)assessment of marketing opportunities and resources. E)development or revision of the plan for implementation and control.

Description : In the marketing planning cycle, the final stage is: A)implementation of the marketing plan. B)revision or formulation of marketing strategy. C)development or revision of marketing objectives ... opportunities and resources. E)development or revision of the plan for implementation and control.

Last Answer : A)implementation of the marketing plan.

What is the full form of SWOT ? A. Strengths, Weaknesses, Opportunities and Threats B. Software Warehousing of Threats C. single optimism technique D. none of these

Description : What is the full form of SWOT ? A. Strengths, Weaknesses, Opportunities and Threats B. Software Warehousing of Threats C. single optimism technique D. none of these

Last Answer : A. Strengths, Weaknesses, Opportunities and Threats

BT is involved in a process of assessing marketing opportunities and resources, determining marketing objectives, and developing a plan for implementation and control, then BT is involved in A)strategic analysis. B)marketing planning. C)marketing management. D)marketing. E)market organisation

Description : BT is involved in a process of assessing marketing opportunities and resources, determining marketing objectives, and developing a plan for implementation and control, then BT is involved in A)strategic analysis. B)marketing planning. C)marketing management. D)marketing. E)market organisation

Last Answer : B)marketing planning.

Large Inventories can be best classified as a. Potential opportunities b.Potential threats c.Potential weaknessd.Potential strengths

Description : Large Inventories can be best classified as a. Potential opportunities b.Potential threats c.Potential weakness d.Potential strengths

Last Answer : Potential weakness

---------- is a limitation or deficiency in Resources , Skills & Capabilities that seriously impede effective performance : A. Strengths B. Threats C. Opportunities D.Weakness

Description : ---------- is a limitation or deficiency in Resources , Skills & Capabilities that seriously impede effective performance : A. Strengths B. Threats C. Opportunities D.Weakness

Last Answer : Weakness

SWOT represents Strengths, Weaknesses, Opportunities and Time

Description : SWOT represents Strengths, Weaknesses, Opportunities and Time

Last Answer : False

Many Organizations mistakenly spend more time and effort on the implementation of a Plan than on the formulation of the Plan itself

Description : Many Organizations mistakenly spend more time and effort on the implementation of a Plan than on the formulation of the Plan itself

Last Answer : False

Corporate strategy planners are concerned with many different issues as they attempt to match the organisation's __________ with the opportunities and risks in the environment. A)strengths B)mission statement C)strategic business units D)resources E)competitive advantages

Description : Corporate strategy planners are concerned with many different issues as they attempt to match the organisation's __________ with the opportunities and risks in the environment. A)strengths B)mission statement C)strategic business units D)resources E)competitive advantages

Last Answer : D)resources

The primary focus of Strategic Management is : A. Strategic Analysis B. The total Organization C. Strategy formulation D. Strategy implementation

Description : The primary focus of Strategic Management is : A. Strategic Analysis B. The total Organization C. Strategy formulation D. Strategy implementation

Last Answer : The total Organization

Project risk management is best described as: a. managing responses to threats. b. identifying and acknowledging threats and opportunities. c. planning responses to threats. d. minimising threats and maximising opportunities.

Description : Project risk management is best described as: a. managing responses to threats. b. identifying and acknowledging threats and opportunities. c. planning responses to threats. d. minimising threats and maximising opportunities.

Last Answer : d. minimising threats and maximising opportunities.

Project risk management is best described as: a. managing responses to threats. b. identifying and acknowledging threats and opportunities. c. planning responses to threats. d. minimising threats and maximising opportunities.

Description : Project risk management is best described as:  a. managing responses to threats.  b. identifying and acknowledging threats and opportunities.  c. planning responses to threats.  d. minimising threats and maximising opportunities.

Last Answer : d. minimising threats and maximising opportunities.

Which of Which of the following activ ng activities is not a direct responsi esponsibility of operati operations management? a. Planning Planning & controlling controlling the operations operations b. Designing the operation’s products, services & Designing the operation’s products, services & processes c. Developing an Developing an operations operations strategy strategy for the operation operation d. Determining the exact mix of products & services that customers will want

Description : Which of Which of the following activ ng activities is not a direct responsi esponsibility of operati operations management? a. Planning Planning & controlling controlling the operations operations b ... operation operation d. Determining the exact mix of products & services that customers will want

Last Answer : d. Determining the exact mix of products & services that customers will want

An Organization’s general expression of it’s overall purpose is known as it’s: A. Objectives B. Vision C. Culture D. Mission

Description : An Organization’s general expression of it’s overall purpose is known as it’s: A. Objectives B. Vision C. Culture D. Mission

Last Answer : Mission

This passage may be summarized as (1) In career planning, it is important to involve oneself in cultural/sports activities as much as working hard or acquiring new skills.' (2) ‘Before making a career choice, one should learn to prioritize career options and use one's personality, interests, abilities, aspirations, strengths and weaknesses to plan and decide the most viable option. (3) ‘In choosing a career, it is important n o t to allow anyone to tell us that we are good for nothing, because our personality, interests, abilities, aspirations, strengths and weaknesses will help us decide the most viable career options for ourselves.' (4) ‘A good career choice results when you follow traditional professions and move along a well-planned path.

Description : This passage may be summarized as (1) In career planning, it is important to involve oneself in cultural/sports activities as much as working hard or acquiring new skills.' (2) Before ... A good career choice results when you follow traditional professions and move along a well-planned path.

Last Answer : (2) ‘Before making a career choice, one should learn to prioritize career options and use one's personality, interests, abilities, aspirations, strengths and weaknesses to plan and decide the most viable option

Career planning is an activity that requires (1) analysing one's personality, interests, abilities, aspirations, strengths and weaknesses. (2) working hard at your studies, acquiring new skills as you move along in life and involving yourself in cultural/sports activities. (3) following three important steps in consultation with one's career counsellor, and making a plan that may work. (4) understanding and being aware of the fact that whatever the consequences of one's planning the truth a about as king a plan is that it may not work

Description : Career planning is an activity that requires (1) analysing one's personality, interests, abilities, aspirations, strengths and weaknesses. (2) working hard at your studies, acquiring new skills as you move along in ... of one's planning the truth a about as king a plan is that it may not work

Last Answer : (1) analysing one's personality, interests, abilities, aspirations, strengths and weaknesses.

Which of the following is not a component of ‘SWOT Analysis’ ? (A) Threats (B) Strengths (C) Weaknesses (D) Options

Description : Which of the following is not a component of ‘SWOT Analysis’ ? (A) Threats (B) Strengths (C) Weaknesses (D) Options

Last Answer : Answer: Options

Strategic planning: (a) Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time. (b) Involves managers in each unit of an organization who are responsible for achieving the unit's objectives within a specified period of time. (c) Looks specifically at resources, finances, and market conditions to determine ways to accomplish the overall plans of the organization. (d) Determines the day-to-day operations within an organization.

Description : Strategic planning: (a) Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time. (b) Involves managers in each unit of ... overall plans of the organization. (d) Determines the day-to-day operations within an organization.

Last Answer : (a) Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time.

Organisational change is necessitated by– (A) External environmental pressure (B) Internal strengths and weaknesses (C) Sequential changes (D) All the above

Description : Organisational change is necessitated by– (A) External environmental pressure (B) Internal strengths and weaknesses (C) Sequential changes (D) All the above

Last Answer : Answer: All the above

To find out what an organization's strategy is, you should: a) Read the mission statement b) Look at what the organization actually does c) Read the strategic plan d) Ask the CEO

Description : To find out what an organization's strategy is, you should: a) Read the mission statement b) Look at what the organization actually does c) Read the strategic plan d) Ask the CEO

Last Answer : Look at what the organization actually does

One of the fundamental Strategy evaluation activities is reviewing external and internal factors that are the bases for current strategy

Description : One of the fundamental Strategy evaluation activities is reviewing external and internal factors that are the bases for current strategy

Last Answer : True

What is NOT a ‘Critical Tasks of Strategic Management? A. Formulate the company’s mission B. Select a set of short-term objectives that will achieve the most desirable results C. Conduct an internal analysis D. Assess the external environment – competitive and general contexts

Description : What is NOT a ‘Critical Tasks of Strategic Management? A. Formulate the company’s mission B. Select a set of short-term objectives that will achieve the most desirable results C. Conduct an internal analysis D. Assess the external environment – competitive and general contexts

Last Answer : Select a set of short-term objectives that will achieve the most desirable results

What is NOT a ‘Critical Tasks of Strategic Management? A. Formulate the company’s mission B. Select a set of short-term objectives that will achieve the most desirable results C. Conduct an internal analysisD. Assess the external environment – competitive and general contexts

Description : What is NOT a ‘Critical Tasks of Strategic Management? A. Formulate the company’s mission B. Select a set of short-term objectives that will achieve the most desirable results C. Conduct an internal analysis D. Assess the external environment – competitive and general contexts

Last Answer : Select a set of short-term objectives that will achieve the most desirable results

Achievement tests are commonly used for the purpose of: (A) Assessing the amount of learning after teaching (B) Making selections for a specific job (C) Selecting candidates for a course (D) Identifying strengths and weaknesses of learners

Description : Achievement tests are commonly used for the purpose of: (A) Assessing the amount of learning after teaching (B) Making selections for a specific job (C) Selecting candidates for a course (D) Identifying strengths and weaknesses of learners 

Last Answer : (A) Assessing the amount of learning after teaching

The _________ answers the question "What do we want to become?" whereas _________answers the question "What is our business?" a. vision statement; mission statement b. short-term objectives; long-term objectives c. objectives; strategies d. mission; vision

Description : The _________ answers the question "What do we want to become?" whereas _________answers the question "What is our business?" a. vision statement; mission statement b. short-term objectives; long-term objectives c. objectives; strategies d. mission; vision

Last Answer : vision statement; mission statement

The SWOT analysis is the analysis of 1. strengths, opportunities, weakness threats. 2. sales, objectives, weakness, threats. 3. strengths, opportunities, weakness, tests. 4. strengths, occupations, weakness, threats

Description : The SWOT analysis is the analysis of 1. strengths, opportunities, weakness threats. 2. sales, objectives, weakness, threats. 3. strengths, opportunities, weakness, tests. 4. strengths, occupations, weakness, threats

Last Answer : strengths, opportunities, weakness threats

Strengths and Weaknesses of a Company are determined relative to it’s Competitors

Description : Strengths and Weaknesses of a Company are determined relative to it’s Competitors

Last Answer : True

An organisation’s ability or capacity to deploy or exploit resources is known as _______ Select one: a. All of these b. Capability c. Weaknesses of firm d. Strengths of firm

Description : An organisation’s ability or capacity to deploy or exploit resources is known as _______ Select one: a. All of these b. Capability c. Weaknesses of firm d. Strengths of firm

Last Answer : Capability

Factors that create opportunities and threats to business units is known as_______. A. internal environment. B. external environment. C. micro environment. D. macro environment.

Description : Factors that create opportunities and threats to business units is known as_______. A. internal environment. B. external environment. C. micro environment. D. macro environment.

Last Answer : D. macro environment.

Technology scanning refers to: a) strategies of multinational firms based on technologies. b) locating a firm's research centres in countries or regions where relevant cutting-edge research is pursuedc) a framework for strategic planning in the knowledge economy.d) the process of identifying technologies in the external business environment.

Description : Technology scanning refers to: a) strategies of multinational firms based on technologies. b) locating a firm's research centres in countries or regions where relevant cutting-edge research ... the knowledge economy. d) the process of identifying technologies in the external business environment.

Last Answer : the process of identifying technologies in the external business environment.

Which of the following is typically NOT seen as being associated with strategic decision ? A. The Organization’s long term direction B. The detailed planning of a Department’s work over the next month C. The Values and expectations of powerful players in the Organization D. The scope of the Organization’s activities

Description : Which of the following is typically NOT seen as being associated with strategic decision ? A. The Organization's long term direction B. The detailed planning of a Department's work over the ... and expectations of powerful players in the Organization D. The scope of the Organization's activities

Last Answer : The detailed planning of a Department’s work over the next month

What are the means by which long-term objectives could be achieved? A. Strategies B. Policies C. Strengths D. Opportunities

Description : What are the means by which long-term objectives could be achieved? A. Strategies B. Policies C. Strengths D. Opportunities

Last Answer : Strategies

Within an Industry, an Environment can present Opportunities to one Organization and pose Threats to another

Description : Within an Industry, an Environment can present Opportunities to one Organization and pose Threats to another

Last Answer : True

In the context of strategic management, stakeholders can be defined as: a) An individual or group with a financial stake in the organization b) An external individual or group that is able to impose constraints on the organizationInternal groups or individuals that are able to influence strategic direction of the organizationd) An individual or group with an interest in the organization's activities and who seeks to influence them

Description : In the context of strategic management, stakeholders can be defined as: a) An individual or group with a financial stake in the organization b) An external individual or group that is able to ... individual or group with an interest in the organization's activities and who seeks to influence them

Last Answer : An individual or group with an interest in the organization's activities and who seeks to influence them

The main aim of a project risk management process should be to: a. identify project risks and then manage them appropriately. b. identify all project risks and transfer them immediately. c. identify all the things that are threats or opportunities on a project. d. satisfy the organization’s project management process.

Description : The main aim of a project risk management process should be to: a. identify project risks and then manage them appropriately. b. identify all project risks and transfer them immediately. c ... are threats or opportunities on a project. d. satisfy the organization's project management process.

Last Answer : a. identify project risks and then manage them appropriately.

Annual Objectives are especially important in Strategy Formulation

Description : Annual Objectives are especially important in Strategy Formulation

Last Answer : False

Resource Allocation is included in Strategy Formulation

Description : Resource Allocation is included in Strategy Formulation

Last Answer : True