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1. Which of the following is a symptom of organizational resistance?
A) Higher productivity
B) Decreased absenteeism
C) Teamwork
D) Poor communication
2. Of the four elements presented, which would you expect to see more so on a business plan rather than on a strategic plan?
A) Detailed financial projections
B) Vision and mission statements
C) Detailed results of an environmental scan
D) Detailed performance metrics
3. What basic principle of human behavior enhances "buy-in" and therefore implements the strategic plan?
A) People help support what they help create
B) People are competitive in nature
C) People demand respect and participation
D) People are naturally optimistic
4. Which of the following best describes a marketing strategy?
A) Defines the organization's product market focus
B) Drives the operation's strategy
C) Must be established first before other strategies are set
D) Addresses the best way to achieve the overall business strategy, competitive advantage in a sustainable way
5. Strategic planning impacts the annual planning and budgeting process by
A) Establishing priorities
B) Defining the organization's structure
C) Identifying strategies for ongoing initiatives
D) Flowing budgets down to lower levels
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A |
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