The three major types of forecasts used by business organizations are (a) strategic, tactical, and operational ; (b) economic, technological, and demand (c) exponential smoothing, Delphi, and regression ; (d) departmental, organizational, and territorial

The three major types of forecasts used by business organizations are (a) strategic, tactical, and operational ; (b) economic, technological, and demand (c) exponential smoothing, Delphi, and regression ; (d) departmental, organizational, and territorial
by

1 Answer

Answer :

(b) economic, technological, and demand
by

Related questions

What is the purpose of the CAGE framework? a) The CAGE framework investigates to what extent home demand, home factor conditions and domestic rivalry are important to multinational firms. b) The CAGE framework analyses bilateral differences and commonalities between two countries. c) The CAGE framework is a broad framework to help managers understand the environment in which their business operates. d) The CAGE framework a checklist for forecasting political, economic, strategic or technological factors.

Description : What is the purpose of the CAGE framework? a) The CAGE framework investigates to what extent home demand, home factor conditions and domestic rivalry are important to multinational firms. ... d) The CAGE framework a checklist for forecasting political, economic, strategic or technological factors.

Last Answer : The CAGE framework analyses bilateral differences and commonalities between two countries.

Which of the following is NOT an advantage of Strategic Management ? A. It provides organizations with a clearer sense of direction and purpose B. It helps improve the political, economic, social and technological environment of the Orgn C. It helps orientate Mgt. decisions to relevant environmental conditions D. It helps organizations be proactive than reactive

Description : Which of the following is NOT an advantage of Strategic Management ? A. It provides organizations with a clearer sense of direction and purpose B. It helps improve the political, ... orientate Mgt. decisions to relevant environmental conditions D. It helps organizations be proactive than reactive

Last Answer : It helps improve the political, economic, social and technological environment of the Orgn

Which of the following techniques uses variables such as price and promotional expenditures, which are related to product demand, to predict demand? (a) associative models ; (b) exponential smoothing ; (c) weighted moving average (d) time series

Description : Which of the following techniques uses variables such as price and promotional expenditures, which are related to product demand, to predict demand? (a) associative models ; (b) exponential smoothing ; (c) weighted moving average (d) time series

Last Answer : (a) associative models ; 

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

__________ is based on the assumption that the future will be just like the past. [Hint] a. Delphi forecasts b. Econometric models c. Linear regressiond. Scenario forecasts

Description : __________ is based on the assumption that the future will be just like the past. [Hint] a. Delphi forecasts b. Econometric models c. Linear regression d. Scenario forecasts

Last Answer : Linear regression

PESTLE analysis is: a) a broad framework to help managers understand the environment in which their business operates. b) a checklist to ask how political, economic, strategic or technological developments can influence an industry and a company. c) a checklist for forecasting political, economic, strategic or technological factors. d) a framework for strategic analysis of internal and external environment

Description : PESTLE analysis is: a) a broad framework to help managers understand the environment in which their business operates. b) a checklist to ask how political, economic, strategic or ... strategic or technological factors. d) a framework for strategic analysis of internal and external environment

Last Answer : a broad framework to help managers understand the environment in which their business operates.

Alex has been asked to calculate the sales potential for a new line of electronic games his company has acquired. He has developed a general economic forecast for the next two years, used this to estimate market potential and is now calculating sales potential. The approach he is using appears to be: A)build up B)delphi C)break down D)regression

Description : Alex has been asked to calculate the sales potential for a new line of electronic games his company has acquired. He has developed a general economic forecast for the next two years, used this to estimate ... The approach he is using appears to be: A)build up B)delphi C)break down D)regression

Last Answer : C)break down

The type of planning that is equated with more specific data or detailed in nature is called:1. Strategic 2. Operational 3. Short term 4. Tactical

Description : The type of planning that is equated with more specific data or detailed in nature is called: 1. Strategic  2. Operational  3. Short term  4. Tactical

Last Answer : 4. Tactical

)Another name of strategic planning is: 1. Short term 2. Operational 3. Tactical 4. Top down

Description : )Another name of strategic planning is: 1. Short term  2. Operational  3. Tactical  4. Top down

Last Answer : 4. Top down

………………………….. level supply information to strategic tier for the use of top management. A) Operational B) Environmental C) Competitive D) Tactical

Description : ………………………….. level supply information to strategic tier for the use of top management. A) Operational B) Environmental C) Competitive D) Tactical

Last Answer : D) Tactical

For the Strategic Planning process to be effective, Organizations must continually strengthen the “good ethics is good business” policy

Description : For the Strategic Planning process to be effective, Organizations must continually strengthen the “good ethics is good business” policy

Last Answer : True

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.

As per the VRIO framework, organizational resources must be…. A. Valuable, Rare, In-imitable and Organized. B. Variable, Reusable, Important and OrganizedC. Volatile, Representative, Internal and Operational. D. None of these options is valid..

Description : As per the VRIO framework, organizational resources must be…. A. Valuable, Rare, In-imitable and Organized. B. Variable, Reusable, Important and Organized. C. Volatile, Representative, Internal and Operational. D. None of these options is valid.

Last Answer : Valuable, Rare, In-imitable and Organized.

As per the VRIO framework, organizational resources must be…. A. Valuable, Rare, In-imitable and Organized. B. Variable, Reusable, Important and Organized. C. Volatile, Representative, Internal and Operational. D. None of these options is valid

Description : As per the VRIO framework, organizational resources must be…. A. Valuable, Rare, In-imitable and Organized. B. Variable, Reusable, Important and Organized. C. Volatile, Representative, Internal and Operational. D. None of these options is valid

Last Answer : Valuable, Rare, In-imitable and Organized

Which of the following uses three types of participants: decision makers, staff personnel, and respondents? (a) executive opinions ; (b) sales force composites ; (c) the Delphi method ; (d) time series analysis

Description : Which of the following uses three types of participants: decision makers, staff personnel, and respondents? (a) executive opinions ; (b) sales force composites ; (c) the Delphi method ; (d) time series analysis

Last Answer : ; (c) the Delphi method ;

This strategy is an expression of desired strategic direction deliberately formulated & planned in terms of resource allocation, control systems, organizational structure etc. A. Intended strategy B. Realized strategy C. Emergent strategy D. None of these options are valid.

Description : This strategy is an expression of desired strategic direction deliberately formulated & planned in terms of resource allocation, control systems, organizational structure etc. A. Intended strategy B. Realized strategy C. Emergent strategy D. None of these options are valid.

Last Answer : Intended strategy

This strategy is an expression of desired strategic direction deliberately formulated & planned in terms of resource allocation, control systems, organizational structure etc. A. Intended strategy B. Realized strategy C. Emergent strategy D. None of these options are valid.

Description : This strategy is an expression of desired strategic direction deliberately formulated & planned in terms of resource allocation, control systems, organizational structure etc. A. Intended strategy B. Realized strategy C. Emergent strategy D. None of these options are valid.

Last Answer : Intended strategy

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

The Strategic Management Process is ------------- : A. A set of activities that is guaranteed to prevent Organizational failure B. A process concerned with a Firm’s Resources, Capabilities & Competences but not the conditions in it’s external environment C. A set of activities that to-date have not been used successfully in the not-for-profit sector D. A dynamic process involving the full set of commitments, decisions and actions related to the Company

Description : The Strategic Management Process is ------------- : A. A set of activities that is guaranteed to prevent Organizational failure B. A process concerned with a Firm's Resources, ... D. A dynamic process involving the full set of commitments, decisions and actions related to the Company

Last Answer : A dynamic process involving the full set of commitments, decisions and actions related to the Company

Conceptual skills relate to a manager‟s ability to (a) Take a strategic view of how parts of the organization function (b) Solve detailed problems in groups (c) Correctly evaluate organizational problems (d) Understand and interact effectively with others in the organization

Description : Conceptual skills relate to a manager‟s ability to (a) Take a strategic view of how parts of the organization function (b) Solve detailed problems in groups (c) Correctly evaluate organizational problems (d) Understand and interact effectively with others in the organization

Last Answer : (a) Take a strategic view of how parts of the organization function

P.E.S.T.L.E. is an abbreviation for….. A. Political, Economic, Social, Technological, Legal and Environmental. B. Political, Economic, Supply-chain, Technological, Legal and Environmental. C. Political, Economic, Supply-chain, Technological, Legal and E-business. D. None of these options is correct.

Description : P.E.S.T.L.E. is an abbreviation for .. A. Political, Economic, Social, Technological, Legal and Environmental. B. Political, Economic, Supply-chain, Technological, Legal and Environmental. C. ... , Economic, Supply-chain, Technological, Legal and E-business. D. None of these options is correct.

Last Answer : Political, Economic, Social, Technological, Legal and Environmental.

Which Environment can create new market and new business segments? A. Political Environment B. Economic Environment C. Socio- Cultural Environment D. Technological Environment

Description : Which Environment can create new market and new business segments? A. Political Environment B. Economic Environment C. Socio- Cultural Environment D. Technological Environment

Last Answer : Technological Environment

Strategic management can be defined as: a) a process of setting written long-term profit plans for the organization. b) a process of measuring performance of the organization. c) a process of operational planning. d) a process of setting long-term direction for the organization

Description : Strategic management can be defined as: a) a process of setting written long-term profit plans for the organization. b) a process of measuring performance of the organization. c) a process of operational planning. d) a process of setting long-term direction for the organization

Last Answer : a process of setting long-term direction for the organization

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 sales forecasting method that consists of making a product available to buyers in one or more locations and measuring purchases is A)a market test. B)the regression analysis. C)trend analysis. D)a survey. E)the Delphi technique.

Description : The sales forecasting method that consists of making a product available to buyers in one or more locations and measuring purchases is A)a market test. B)the regression analysis. C)trend analysis. D)a survey. E)the Delphi technique.

Last Answer : A)a market test.

_________________ happens when organizations lose pace with changes in the operating enviroment? A. Strategic Flaw B. Strategic Drift C. Strategic Blunder D. Strategic Disaster

Description : _________________ happens when organizations lose pace with changes in the operating enviroment? A. Strategic Flaw B. Strategic Drift C. Strategic Blunder D. Strategic Disaster

Last Answer : Strategic Drift

Which of these statements apply to Strategic Groups. A. Organizations within an industry following similar strategies or competing on similar bases. B. Examples, in grocery retailing are supermarkets, convenience stores and corner shops. C. Helps with understanding the similarities and differences in bases of segmentation D. All of these options apply

Description : Which of these statements apply to Strategic Groups. A. Organizations within an industry following similar strategies or competing on similar bases. B. Examples, in grocery retailing are supermarkets ... the similarities and differences in bases of segmentation D. All of these options apply

Last Answer : All of these options apply

Application of the Strategic Management process is typically more formal in larger and well established Organizations

Description : Application of the Strategic Management process is typically more formal in larger and well established Organizations

Last Answer : True

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

Which of these statements apply to Strategic Groups. A. Organizations within an industry following similar strategies or competing on similar bases. B. Examples, in grocery retailing are supermarkets, convenience stores and corner shops. C. Helps with understanding the similarities and differences in bases of segmentation D. All of these options apply.

Description : Which of these statements apply to Strategic Groups. A. Organizations within an industry following similar strategies or competing on similar bases. B. Examples, in grocery retailing are supermarkets, ... the similarities and differences in bases of segmentation D. All of these options apply.

Last Answer : All of these options apply.

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

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

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

What term is used for an Organization’s abilities to renew and recreate it’s strategic Capabilities to meet the needs of a changing Environment ? A. Competent Substitution B. Core Competency C. Renewability D. Dynamic Capabilities

Description : What term is used for an Organization’s abilities to renew and recreate it’s strategic Capabilities to meet the needs of a changing Environment ? A. Competent Substitution B. Core Competency C. Renewability D. Dynamic Capabilities

Last Answer : Dynamic Capabilities

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 three major functions of business organizations (a) are mutually exclusive ; (b) exist independently of each other ; (c) overlap (d) function independently of each other

Description : The three major functions of business organizations (a) are mutually exclusive ; (b) exist independently of each other ; (c) overlap (d) function independently of each other

Last Answer :  (c) overlap

P.E.S.T.L.E. is an abbreviation for….. A. Political, Economic, Social, Technological, Legal and Environmental. B. Political, Economic, Supply-chain, Technological, Legal and Environmental. C. Political, Economic, Supply-chain, Technological, Legal and E-businessD. None of these options is correct..

Description : P.E.S.T.L.E. is an abbreviation for….. A. Political, Economic, Social, Technological, Legal and Environmental. B. Political, Economic, Supply-chain, Technological, Legal and Environmental. C. Political, Economic, Supply-chain, Technological, Legal and E-business. D. None of these options is correct.

Last Answer : Political, Economic, Social, Technological, Legal and Environmental

A variation of the electronic meeting that links together media from different locations is ___________ (a) E-commerce ; (b) The Delphi technique ; (c) Video conference ; (d) E-conference

Description : A variation of the electronic meeting that links together media from different locations is ___________ (a) E-commerce ; (b) The Delphi technique ; (c) Video conference ; (d) E-conference

Last Answer : ; (c) Video conference ;

Which of the following is not type of qualitative forecasting? (a) executive opinions ; (b) sales force composites ; (c) the Delphi method ; (d) moving average

Description : Which of the following is not type of qualitative forecasting? (a) executive opinions ; (b) sales force composites ; (c) the Delphi method ; (d) moving average

Last Answer : Moving average

The linearized regression equation for an exponential data set is log Å· = 0.14x + 0.4, where x is the number of years and y is the population. What is the predicted population when x = 15 Round your answer to the nearest whole number.?

Description : The linearized regression equation for an exponential data set is log Å· = 0.14x + 0.4, where x is the number of years and y is the population. What is the predicted population when x = 15 Round your answer to the nearest whole number.?

Last Answer : 316

Which of the following statements is false? a) Weather forecasts for a small region are more accurate than those for a large region b) Weather forecasts are more accurate in Melbourne than in Darwin c) Forecasts of temperature are more accurate than forecasts of rainfall d) All of the above

Description : Which of the following statements is false? a) Weather forecasts for a small region are more accurate than those for a large region b) Weather forecasts are more accurate in Melbourne than in Darwin c) Forecasts of temperature are more accurate than forecasts of rainfall d) All of the above

Last Answer : a) Weather forecasts for a small region are more accurate than those for a large region

Increasing the number of periods in a moving average will accomplish greater smoothing, but at the expense of………. (a) manager understanding ; (b) accuracy ; (c) stability ; (d) responsiveness to changes

Description : Increasing the number of periods in a moving average will accomplish greater smoothing, but at the expense of………. (a) manager understanding ; (b) accuracy ; (c) stability ; (d) responsiveness to changes

Last Answer : (d) responsiveness to changes

Forecasts used for new product planning, capital expenditures, facility location or expansion, and R&D typically utilize a………. (a) short-range time horizon ; (b) long-range time horizon ; (c) naive method, because there is no data history ; (d) all of the above

Description : Forecasts used for new product planning, capital expenditures, facility location or expansion, and R&D typically utilize a………. (a) short-range time horizon ; (b) long-range time horizon ; (c) naive method, because there is no data history ; (d) all of the above

Last Answer : (b) long-range time horizon ;

The marketing function's main concern is with (a) producing goods or providing services ; (b) procuring materials, supplies, and equipment (c) building and maintaining a positive image ; (d) generating the demand for the organization's products or services

Description : The marketing function's main concern is with (a) producing goods or providing services ; (b) procuring materials, supplies, and equipment (c) building and maintaining a positive image ; (d) generating the demand for the organization's products or services

Last Answer :  (d) generating the demand for the organization's products or services 

Which structure breaks down departmental barriers and decentralizes decision-making to the level of the work team? (a) Boudaryless ; (b) Feminine ; (c) Team ; (d) Virtual

Description : Which structure breaks down departmental barriers and decentralizes decision-making to the level of the work team? (a) Boudaryless ; (b) Feminine ; (c) Team ; (d) Virtual 

Last Answer : ; (c) Team ;

What form of information collection strengthens strategic and tactical positions by knowing what an adversary is doing or planning to do?

Description : What form of information collection strengthens strategic and tactical positions by knowing what an adversary is doing or planning to do?

Last Answer : Intelligence

Which one of the following best describes users? a. Providers of both strategic and tactical direction to the project. b. Those intended to receive benefits or operate outputs. c. Facilitators of an appropriate issue resolution procedure. d. Those providing full-time commitment to the project.

Description : Which one of the following best describes users? a. Providers of both strategic and tactical direction to the project. b. Those intended to receive benefits or operate outputs. c. Facilitators of an appropriate issue resolution procedure. d. Those providing full-time commitment to the project.

Last Answer : b. Those intended to receive benefits or operate outputs.

Which one of the following best describes users? a. Providers of both strategic and tactical direction to the project. b. Those intended to receive benefits or operate outputs. c. Facilitators of an appropriate issue resolution procedure. d. Those providing full-time commitment to the project.

Description : Which one of the following best describes users?  a. Providers of both strategic and tactical direction to the project.  b. Those intended to receive benefits or operate outputs.  c. ... of an appropriate issue resolution procedure.  d. Those providing full-time commitment to the project.

Last Answer : b. Those intended to receive benefits or operate outputs.

Outsourcing 2. Outsourcing is a decision decision with implications. implications. a. Unimportant b. Tactical Tactical c. Strategic d. Irrelevant

Description : Outsourcing 2. Outsourcing is a decision decision with implications. implications. a. Unimportant b. Tactical Tactical c. Strategic d. Irrelevant

Last Answer : c. Strategic