A Vision statement is in essence, a Company’s Game Plan

A Vision statement is in essence, a Company’s Game Plan
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Strategic decisions are …… A. Medium-scale B. Operational & Tactical C. Company’s “production plan” D. None of these options

Description : Strategic decisions are …… A. Medium-scale B. Operational & Tactical C. Company’s “production plan” D. None of these options

Last Answer : None of these options

Strategic decisions are …… A. Medium-scale B. Operational & Tactical C. Company’s “production plan” D. None of these options

Description : Strategic decisions are …… A. Medium-scale B. Operational & Tactical C. Company’s “production plan” D. None of these options

Last Answer : None of these options

Strategic drift is…. A. When strategies progressively fail to address the environmental dynamics, and performance deteriorates. B. Mismatch between Vision Statement and Value Statement C. Mismatch between Vision Statement and Mission Statement D. Mismatch between Mission Statement and Resources

Description : Strategic drift is…. A. When strategies progressively fail to address the environmental dynamics, and performance deteriorates. B. Mismatch between Vision Statement and Value Statement C. Mismatch between Vision Statement and Mission Statement D. Mismatch between Mission Statement and Resources

Last Answer : When strategies progressively fail to address the environmental dynamics, and performance deteriorates.

This statement does not apply to the ‘Company Vision Statement’. A. Audacious B. Time Bound C. Future Casting D. All of these options apply

Description : This statement does not apply to the ‘Company Vision Statement’. A. Audacious B. Time Bound C. Future Casting D. All of these options apply

Last Answer : All of these options apply

A Vision statement answers the Question: “What is our Business?” whereas a Mission statement answers: “What do we want to become?

Description : A Vision statement answers the Question: “What is our Business?” whereas a Mission statement answers: “What do we want to become?

Last Answer : False

Strategic drift is…. A. When strategies progressively fail to address the environmental dynamics, and performance deteriorates. B. Mismatch between Vision Statement and Value Statement C. Mismatch between Vision Statement and Mission Statement D. Mismatch between Mission Statement and Resources

Description : Strategic drift is…. A. When strategies progressively fail to address the environmental dynamics, and performance deteriorates. B. Mismatch between Vision Statement and Value Statement C. Mismatch between Vision Statement and Mission Statement D. Mismatch between Mission Statement and Resources

Last Answer : When strategies progressively fail to address the environmental dynamics, and performance deteriorates.

This statement does not apply to the ‘Company Vision Statement’. A. Audacious B. Time Bound C. Future Casting D. All of these options apply.

Description : This statement does not apply to the ‘Company Vision Statement’. A. Audacious B. Time Bound C. Future Casting D. All of these options apply.

Last Answer : All of these options apply.

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

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

The Mission of the Organization only identifies the scope of the Company’s Operations in terms of Products offered and Markets served

Description : The Mission of the Organization only identifies the scope of the Company’s Operations in terms of Products offered and Markets served

Last Answer : False

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

Dynamic capabilities refer to: a) the firm's ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environmentsb) the link between subsidiary resource and multinational firm's competitive advantage in global markets. c) the firm's dynamic capability to find resources that are valuable, rare, difficult to imitate and can be exploited by the organization. d) the combination of individual technologies and production skills that underlie a company's multiple production lines and critically underpin the firm's competitive advantage.

Description : Dynamic capabilities refer to: a) the firm's ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments. b) the link between ... underlie a company's multiple production lines and critically underpin the firm's competitive advantage

Last Answer : the firm's ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments.

Which of the following could be defined as a multinational company? A. A firm that owns shares in a foreign company but does not participate in the company's decision making. B. A UK based internet package holiday firm specializing in selling tours to Turkey to German customers. C. A firm owning a chain of supermarket outlets outside its country of origin. D. A finance company transferring its HQ and all its activities from the UK to the US.

Description : Which of the following could be defined as a multinational company? A. A firm that owns shares in a foreign company but does not participate in the company's decision making. B. A UK based internet ... origin. D. A finance company transferring its HQ and all its activities from the UK to the US.

Last Answer : A firm owning a chain of supermarket outlets outside its country of origin.

A company's break even point is 6,000 units per annum. The selling price is Rs. 90 per unit and the variable cost is Rs. 40 per unit. What are the company's annual fixed costs? (a) Rs. 120 (b) Rs. 2,40,000

Description : A company's break even point is 6,000 units per annum. The selling price is Rs. 90 per unit and the variable cost is Rs. 40 per unit. What are the company's annual fixed costs? (a) Rs. 120 (b) Rs. 2,40,000

Last Answer : 5,40,000

What is the company's breakeven point: (a) 8,000 units b) 8,333 units (c) 10,000 units (d) 10,909 units

Description : What is the company's breakeven point: (a) 8,000 units b) 8,333 units (c) 10,000 units (d) 10,909 units

Last Answer : (d) 10,909 units

GAP analysis: (a) Is a planning approach for determining where an organization as today. (b) Is a planning approach for determining how an organization will reach its goals. (c) Provides a diagram showing a company's present momentum and its potential. (d) All of the above.

Description : GAP analysis: (a) Is a planning approach for determining where an organization as today. (b) Is a planning approach for determining how an organization will reach its goals. (c) Provides a diagram showing a company's present momentum and its potential. (d) All of the above.

Last Answer : (d) All of the above. 

If a manager at Wipro wants to award a contract for printing the company's promotional literature and has obtained quotations from several printers, the manager can select a printer and know with ______ what the printing should cost. (a) Ambiguity ; (b) Risk ; (c) Uncertainty ; (d) Certainty

Description : If a manager at Wipro wants to award a contract for printing the company's promotional literature and has obtained quotations from several printers, the manager can select a printer and know with ______ what the printing should cost. (a) Ambiguity ; (b) Risk ; (c) Uncertainty ; (d) Certainty

Last Answer :  (d) Certainty 

How do you feel about this company's vision?

Description : How do you feel about this company's vision?

Last Answer : First find out where the company envisions itself in 3-5 years. If you can't find the vision of the company, that's probably a big question mark on the company itself. Once you do, identify ... chance to collectively impact the world to become a greener society and save our clients at the same time!

Prosthetic Devices includes i) Computer technology for vision and hearing ii) Powerful IC iii) MRI Systems iv) None of these

Description : Prosthetic Devices includes i) Computer technology for vision and hearing ii) Powerful IC iii) MRI Systems iv) None of these

Last Answer : i) Computer technology for vision and hearing

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

The means by which long-term objectives will be achieved are a. mission statements b. strategies. c. vision statementsd. long-term goals.

Description : The means by which long-term objectives will be achieved are a. mission statements b. strategies. c. vision statements. d. long-term goals

Last Answer : strategies

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

Description : 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

Last Answer : strategy-formulation

A “Learning Organization” requires ----------- : A. A stable Hierarchy B. A shared Vision and Culture that is challenging and questioning C. A questioning culture D. Knowledge management systems

Description : A “Learning Organization” requires ----------- : A. A stable Hierarchy B. A shared Vision and Culture that is challenging and questioning C. A questioning culture D. Knowledge management systems

Last Answer : A shared Vision and Culture that is challenging and questioning

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

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

The means by which long-term objectives achieved are --------------- : A. Mission statements B. Strategies C. Vision statements D. long-term goals

Description : The means by which long-term objectives achieved are --------------- : A. Mission statements B. Strategies C. Vision statements D. long-term goals

Last Answer : Strategies

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

. What is said to be the key factor in maintaining Organizational Growth ? [Hurst : 1995] A. Entrepreneurial Vision B. Planning C. Innovation D. Flexibility

Description : What is said to be the key factor in maintaining Organizational Growth ? [Hurst : 1995] A. Entrepreneurial Vision B. Planning C. Innovation D. Flexibility

Last Answer : Flexibility

The presence of conditions that create opportunities for conflict to arise is the _____ stage of the conflict process. (a) potential opposition ; (b) cognition ; (c) vision ; (d) intentions

Description : The presence of conditions that create opportunities for conflict to arise is the _____ stage of the conflict process. (a) potential opposition ; (b) cognition ; (c) vision ; (d) intentions

Last Answer : (a) potential opposition ;

Which of the following is not a stage in the conflict process? (a) potential opposition ; (b) cognition ; (c) vision ; (d) intentions

Description : Which of the following is not a stage in the conflict process? (a) potential opposition ; (b) cognition ; (c) vision ; (d) intentions 

Last Answer : (c) vision ;

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

The long -term view, or vision, of what the organisation wants to become is called the A)mission statement. B)purpose statement. C)vision statement. D)marketing plan. E)strategic vision.

Description : The long -term view, or vision, of what the organisation wants to become is called the A)mission statement. B)purpose statement. C)vision statement. D)marketing plan. E)strategic vision.

Last Answer : A)mission statement.

Which cell phone company's cell phone plan covers the widest area in the US?

Description : Which cell phone company's cell phone plan covers the widest area in the US?

Last Answer : AT&T covers the widest cellphone demographic in the US.

Which of the following statem Which of the following statements does NOT apply to ents does NOT apply to a production plan? a production plan? a)Plans are consistent with company's strategic goals and objectives b)Enables the assessment of financial and physical resource needs without excessive detail c)Serves as a bridge between the strategic and operational plans d)Provides a view of detailed work-force schedules

Description : Which of the following statem Which of the following statements does NOT apply to ents does NOT apply to a production plan? a production plan? a)Plans are consistent with company's strategic ... a bridge between the strategic and operational plans d)Provides a view of detailed work-force schedules

Last Answer : c)Serves as a bridge between the strategic and operational plans

A marketing plan usually begins with a(n) A)executive summary. B)introduction to the company's marketing objectives. C)summary of current performance as compared with past performance. D)situation analysis. E)opportunity and threat analysis.

Description : A marketing plan usually begins with a(n) A)executive summary. B)introduction to the company's marketing objectives. C)summary of current performance as compared with past performance. D)situation analysis. E)opportunity and threat analysis.

Last Answer : A)executive summary.

Kelly is a marketing manager for a large consumer foods company. She is studying distribution, promotion, and price of the company's product. Kelly is studying the company's A)marketing strategy B)marketing mix C)market offering D)product offering E)marketing plan

Description : Kelly is a marketing manager for a large consumer foods company. She is studying distribution, promotion, and price of the company's product. Kelly is studying the company's A)marketing strategy B)marketing mix C)market offering D)product offering E)marketing plan

Last Answer : B)marketing mix

The primary goal of a disaster preparedness plan is: a) To protect the population b) To protect valuable resources c) To keep communications lines open d) To protect environmental health personnel

Description : The primary goal of a disaster preparedness plan is: a) To protect the population b) To protect valuable resources c) To keep communications lines open d) To protect environmental health personnel

Last Answer : a) To protect the population

The following is NOT a benefit of Strategic ManagementA. Resistance to change is reducedB. Reduces gaps/overlaps in activities among employees C. All of these options are correctD. Formulates a clear defect reduction plan in the quality department

Description : The following is NOT a benefit of Strategic Management A. Resistance to change is reduced B. Reduces gaps/overlaps in activities among employees C. All of these options are correct D. Formulates a clear defect reduction plan in the quality department

Last Answer : Formulates a clear defect reduction plan in the quality department

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

The following is NOT a benefit of Strategic Management A. Resistance to change is reduced B. Reduces gaps/overlaps in activities among employees C. All of these options are correct D. Formulates a clear defect reduction plan in the quality department

Description : The following is NOT a benefit of Strategic Management A. Resistance to change is reduced B. Reduces gaps/overlaps in activities among employees C. All of these options are correct D. Formulates a clear defect reduction plan in the quality department

Last Answer : Formulates a clear defect reduction plan in the quality department

worker is allowed 60 hours to complete the job on a guaranteed wage of Rs. 10 per hour. Under the Rowan Plan, he gets an hourly wage of Rs. 12 per hour. For the same saving in time, how much he will get under the Halsey Plan? (a) Rs. 720 (b) Rs. 540 (c) Rs. 600 (d) Rs. 900

Description : worker is allowed 60 hours to complete the job on a guaranteed wage of Rs. 10 per hour. Under  the Rowan Plan, he gets an hourly wage of Rs. 12 per hour. For the same saving in time, how much he  will get under the Halsey Plan? (a) Rs. 720 (b) Rs. 540 (c) Rs. 600  (d) Rs. 900

Last Answer : (b) Rs. 540

The _________ should plan well and execute perfectly the implementation of ERP. A. Organisation B. System developers C. Vendors D. Top Management

Description : The _________ should plan well and execute perfectly the implementation of ERP. A. Organisation B. System developers C. Vendors D. Top Management

Last Answer : B. System developers

The five elements in the management process are (a) plan, direct, update, lead, and supervise (b) accounting/finance, marketing, operations, and management (c) organize, plan, control, staff, and manage (d) plan, lead, organize, manage, and control

Description : The five elements in the management process are (a) plan, direct, update, lead, and supervise (b) accounting/finance, marketing, operations, and management (c) organize, plan, control, staff, and manage (d) plan, lead, organize, manage, and control

Last Answer : (d) plan, lead, organize, manage, and control  

If a manager develops a new idea and gives a plan for development of a new product in his workplace, then he is carrying out which of the following roles? (a) Liaison ; (b) Entrepreneur ; (c) Disseminator ; (d) Disturbance handler

Description : If a manager develops a new idea and gives a plan for development of a new product in his workplace, then he is carrying out which of the following roles? (a) Liaison ; (b) Entrepreneur ; (c) Disseminator ; (d) Disturbance handler

Last Answer : (b) Entrepreneur ;

Which of the following sentences best summarizes the differences between the red and blue oceans strategies? A. Red oceans are about avoiding head-to-head competition while blue oceans are about rivals fighting over a shrinking profit pool. B. Blue oceans represent all the industries in existence today while red oceans are those where companies beat competition C. In the red oceans, industry boundaries are defined and accepted and the competitive rules of the game are known. Blue oceans are occasionally created well beyond existing industry boundaries. D. All the above options are valid

Description : Which of the following sentences best summarizes the differences between the red and blue oceans strategies? A. Red oceans are about avoiding head-to-head competition while blue oceans are ... are occasionally created well beyond existing industry boundaries. D. All the above options are valid

Last Answer : In the red oceans, industry boundaries are defined and accepted and the competitive rules of the game are known. Blue oceans are occasionally created well beyond existing industry boundaries.

Which of the following sentences best summarizes the differences between the red and blue oceans strategies? A. Red oceans are about avoiding head-to-head competition while blue oceans are about rivals fighting over a shrinking profit pool. B. Blue oceans represent all the industries in existence today while red oceans are those where companies beat competition C. In the red oceans, industry boundaries are defined and accepted and the competitive rules of the game are known. Blue oceans are occasionally created well beyond existing industry boundaries. D. All the above options are valid

Description : Which of the following sentences best summarizes the differences between the red and blue oceans strategies? A. Red oceans are about avoiding head-to-head competition while blue oceans are ... occasionally created well beyond existing industry boundaries. D. All the above options are valid

Last Answer : In the red oceans, industry boundaries are defined and accepted and the competitive rules of the game are known. Blue oceans are occasionally created well beyond existing industry boundaries

Can you state the essence of your vocation or profession in one phrase or sentence?

Description : Can you state the essence of your vocation or profession in one phrase or sentence?

Last Answer : Librarianship is connecting people with the information and resources they need.

Is it OK to use a essence toner or use them as separate items?

Description : Is it OK to use a essence toner or use them as separate items?

Last Answer : I believe essence works just like a serum and they just name it differently. A two-in-one essence toner means that you can easily put in on a face cotton and wipe your face to simultaneously ... is best that you check the review of the product first from cosmetics review websites before you buy it.

What is the essence of life?

Description : What is the essence of life?

Last Answer : answer:I am Life therefore I will Live. In Living I will Love, for Love is the essence of all Living. The Love given in Living will be reciprocated back to me from all the Living. And since Living ... than Dead, I will lack nothing in Loving. Loving my neighbor as myself is the essence of my Life.

What is the essence of postmodernism?

Description : What is the essence of postmodernism?

Last Answer : answer:The essence of postmodernism could be stated, ignoring the irony, as the rejection of classical and modern thought that attempts to attribute anything with an objective meaning or truth. To ... , and potentially move us to positions where those harms can be minimized or even repaired.