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1. An organization's high-level strategy, including the mission, vision, core values, customer value proposition, and strategic themes or goals, should be developed by
A) the governing board.
B) the strategic management office.
C) line employees and their supervisors.
D) senior leadership acting as a team.
2. In the Balanced Scorecard strategy map, which of the following themes is focused on the firm's products and services, more so than the other themes?
A) Build the Franchise
B) Increase Customer Value
C) Be a Good Corporate Citizen
D) Achieve Operational Excellence
3. How can a strategic planner ensure the planning process is improved over time?
A) Require periodic reports from the organization to track progress
B) Review records to see where the organization has been compared to the current situation
C) Set up mechanisms to manage continuous improvement
D) Use guided imagery to envision the ideal planning process
4. To ensure that departmental plans contribute optimally to corporate-wide strategy, a sound practice is to
A) Create high integrity departmental plans, then integrate them around shared strategic priorities
B) Structure the organization-wide plan to define departmental priorities
C) Build departmental plans around organization strategy objectives and initiatives
D) Create departmental and organization strategic plans at the same time
5. Which of the following is NOT considered a quality-management-best-practice in support of an organization's strategic direction and core values?
A) Force-field analysis
B) Process redesign
C) Quantitative measurement
D) Benchmarking
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A |
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