A clear Mission statement describes the Values and Priorities of an Organization

A clear Mission statement describes the Values and Priorities of an
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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 fundamental purpose of an Organization’s Mission statement is to : A. Create a good human relations climate in the Organization B. Define the Organization’s purpose in Society C. Define the operational structure of the Organization D. Generate good public relations for the Organization

Description : The fundamental purpose of an Organization’s Mission statement is to : A. Create a good human relations climate in the Organization B. Define the Organization’s purpose in Society C. Define the operational structure of the Organization D. Generate good public relations for the Organization

Last Answer : Define the Organization’s purpose in Society

The fundamental purpose for the existence of any organization is described by its A. policies B. mission C. procedures D. strategy

Description : The fundamental purpose for the existence of any organization is described by its A. policies B. mission C. procedures D. strategy

Last Answer : mission

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

The fundamental purpose for the existence of any organization is described by its A. policies B. mission C. procedures D. strategy

Description : The fundamental purpose for the existence of any organization is described by its A. policies B. mission C. procedures D. strategy

Last Answer : mission

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

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.

Was it a good idea to cancel NASA's manned moon mission program so that NASA could focus on other priorities such as a manned moon mission?

Description : Was it a good idea to cancel NASA's manned moon mission program so that NASA could focus on other priorities such as a manned moon mission?

Last Answer : Do you mean Mars?

Which of the following are typically seen as being associated with strategic decisions? Select one: a. HR and Technology strategies b. The detailed planning of a department's work over the next monthc. The organization’s long-term directiond. values and expectations of powerful actors in the organization

Description : Which of the following are typically seen as being associated with strategic decisions? Select one: a. HR and Technology strategies b. The detailed planning of a department's work over the ... The organization's long-term direction d. values and expectations of powerful actors in the organization

Last Answer : The organization’s long-term direction

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

The external environment factor that states: The values and culture that affect the way people feel about the organization they are in and about work itself is: (a) Sociological factors ; (b) Political factors ; (c) Economic factors ; (d) Psychological factors

Description : The external environment factor that states: The values and culture that affect the way people feel about the organization they are in and about work itself is: (a) Sociological factors ; (b) Political factors ; (c) Economic factors ; (d) Psychological factors

Last Answer : (a) Sociological factors ; 

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 Mission Statement’. A. Short B. Memorable C. Future Casting D. All of these options apply

Description : This statement does not apply to the ‘Company Mission Statement’. A. Short B. Memorable C. Future Casting D. All of these options apply

Last Answer : Future Casting

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 Mission Statement’. A. Short B. Memorable C. Future Casting D. All of these options apply.

Description : This statement does not apply to the ‘Company Mission Statement’. A. Short B. Memorable C. Future Casting D. All of these options apply.

Last Answer : Future Casting

What is the recommended length of an effective mission statement? a. One page b. Less than 200 words c. One sentence of 10 to 20 words. d. There is no recommendation. It can be as long as the management wants

Description : What is the recommended length of an effective mission statement? a. One page b. Less than 200 words c. One sentence of 10 to 20 words. d. There is no recommendation. It can be as long as the management wants

Last Answer : There is no recommendation. It can be as long as the management wants

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

Like root of a tree ____________ of a organisation is hidden from direct view a. All of the below b. Mission Statement c. Strategy d. Core Competance

Description : Like root of a tree ____________ of a organisation is hidden from direct view a. All of the below b. Mission Statement c. Strategy d. Core Competance

Last Answer : Core Competance

Strategic Mission ------------------ : A. Is a statement of a Firm’s unique purpose & scope of Operations B. Is an internally focused affirmation of the Organizational, Societal and Ethical goals C. Does not limit the Firm by specifying the Industry in which the Co. intends to compete D. Is developed by a Firm before the Firm develops it’s Strategic Intent

Description : Strategic Mission ------------------ : A. Is a statement of a Firm's unique purpose & scope of Operations B. Is an internally focused affirmation of the Organizational, Societal and Ethical ... the Co. intends to compete D. Is developed by a Firm before the Firm develops it's Strategic Intent

Last Answer : Is a statement of a Firm’s unique purpose & scope of Operations

A mission statement can benefit a company in all of the following ways EXCEPT A)giving it clear purpose and direction. B)describing its unique focus. C)keeping it focused on customer needs rather than its own abilities. D)providing specific direction and guidelines to top managers. E)providing a detailed plan for implementation.

Description : A mission statement can benefit a company in all of the following ways EXCEPT A)giving it clear purpose and direction. B)describing its unique focus. C)keeping it focused on customer ... D)providing specific direction and guidelines to top managers. E)providing a detailed plan for implementation.

Last Answer : E)providing a detailed plan for implementation.

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

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

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

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

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

____ is a statement Which derives the role that an organization plays in a society. A. Goals. B. Mission. C. Objective. D. Success.

Description : ____ is a statement Which derives the role that an organization plays in a society. A. Goals. B. Mission. C. Objective. D. Success.

Last Answer : B. Mission.

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

Objectives should be measurable, challenging, reasonable, consistent and clear

Description : Objectives should be measurable, challenging, reasonable, consistent and clear

Last Answer : True

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

All of the following are stated advantages of a divisional structure except a. it allows local control of local situations. b. it leads to a competitive climate within a firm. c. accountability is clear. d. it promotes specialization of labor

Description : All of the following are stated advantages of a divisional structure except a. it allows local control of local situations. b. it leads to a competitive climate within a firm. c. accountability is clear. d. it promotes specialization of labor

Last Answer : it promotes specialization of labor

A ______ organizational structure is the simplest form and has clear lines of authority and ease of decision making. (a) Horizontal ; (b) Line ; (c) Vertical ; (d) Staff

Description : A ______ organizational structure is the simplest form and has clear lines of authority and ease of decision making. (a) Horizontal ; (b) Line ; (c) Vertical ; (d) Staff

Last Answer : (b) Line ; 

All Strategists have similar Attitudes, Values, Ethics and Concerns for Social Responsibility

Description : All Strategists have similar Attitudes, Values, Ethics and Concerns for Social Responsibility

Last Answer : False

A global consumer culture means that: a) cultural traditions and values are converging around the world. b) consumers are becoming very similar around the world. c) there is a world-wide demand for the same global brandsd) national cultures are disappearing around the world..

Description : A global consumer culture means that: a) cultural traditions and values are converging around the world. b) consumers are becoming very similar around the world. c) there is a world-wide demand for the same global brands. d) national cultures are disappearing around the world.

Last Answer : there is a world-wide demand for the same global brands

Cultural values would be part of which of the following factor in macro environment? a. Demographic b. Social c. Ecological d. Natural

Description : Cultural values would be part of which of the following factor in macro environment? a. Demographic b. Social c. Ecological d. Natural

Last Answer : Social

Which of the following is not a part the Macro Environment? a. Laws & Policies b. Demographics c. Suppliers d. Social Values

Description : Which of the following is not a part the Macro Environment? a. Laws & Policies b. Demographics c. Suppliers d. Social Values

Last Answer : Suppliers

Which of the following is NOT one of the four layers of Organizational Culture ? A. Values B. Beliefs C. Behaviour D. History

Description : Which of the following is NOT one of the four layers of Organizational Culture ? A. Values B. Beliefs C. Behaviour D. History

Last Answer : History

"To understand communication in a meeting, we need to investigate the roles, personalities and values of every participant, as well as review the minutes taken and actions resulting from previous meetings." Which of Trenholm's perspectives is described here? (a) Socio-phychological ; (b) Cybernetic ; (c) Psychosocial ; (d) Pragmatic

Description : "To understand communication in a meeting, we need to investigate the roles, personalities and values of every participant, as well as review the minutes taken and actions resulting from previous meetings." Which ... here? (a) Socio-phychological ; (b) Cybernetic ; (c) Psychosocial ; (d) Pragmatic

Last Answer : ; (d) Pragmatic

Full form of NGOa) Non Government Organization b) Non Govern Organise c) Non Govern Organ d) Non Govern Orpat

Description : Full form of NGO a) Non Government Organization b) Non Govern Organise c) Non Govern Organ d) Non Govern Orpat

Last Answer : a) Non Government Organization

With internationalization, after a point, the costs of organization complexity may be.........the benefits of internationlization? A. Equal B. Lesser than C. Greater than D. Not comparable to

Description : With internationalization, after a point, the costs of organization complexity may be.........the benefits of internationlization? A. Equal B. Lesser than C. Greater than D. Not comparable to

Last Answer : Greater than

_____________________ are those aspects which are valued by customers and where the organization must excel to outperform competitors? A. Input Factors B. Process Factors C. Output Factors D. Critical Success Factors

Description : _____________________ are those aspects which are valued by customers and where the organization must excel to outperform competitors? A. Input Factors B. Process Factors C. Output Factors D. Critical Success Factors

Last Answer : Critical Success Factors

_____________________ is the rate at which you unlearn habits which are hindering organization success? A. Relearning Curve B. Inexperience Curve C. Learning Curve D. Forgetting Curve

Description : _____________________ is the rate at which you unlearn habits which are hindering organization success? A. Relearning Curve B. Inexperience Curve C. Learning Curve D. Forgetting Curve

Last Answer : Forgetting Curve

Operations include…. A. Organization-wide decisions B. Creating a new direction C. Tactically specific D. Long Term

Description : Operations include…. A. Organization-wide decisions B. Creating a new direction C. Tactically specific D. Long Term

Last Answer : Tactically specific

What does Strategy describe? A. The general direction in which an organization plans to move to attain its goals B. Framework for managerial decisions C. Leveraging strengths to gain competitive advantage D. All of these options

Description : What does Strategy describe? A. The general direction in which an organization plans to move to attain its goals B. Framework for managerial decisions C. Leveraging strengths to gain competitive advantage D. All of these options

Last Answer : All of these options

An objective, logical, systematic approach for making major decisions in an Organization is a way to describe the Strategic Management process

Description : An objective, logical, systematic approach for making major decisions in an Organization is a way to describe the Strategic Management process

Last Answer : True

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