Strategic Management MCQ Questions and Solutions with Explanations | Management

A. Synergy

B. The strategic leader's perspective on strategy

C. Structure

D. Strategic paradoxes

A. Lack of competitive advantage

B. Lack of strategy competency

C. Lack of strategic resources

D. Poor judgement leading to poor, inappropriate strategic decisions

A. A collection of people who are trying to act with purpose

B. Systems that comprise a collection of people who are trying to act with purpose

C. A collection of people that act with little purpose

D. A collection of systems and functions, inclusive of its people

A. Through managers in the various businesses working together, sharing information and capabilities, helping each other, and creating synergy

B. Through managers in the various businesses sharing information, capabilities, and creating synergy

C. Through managers in the various businesses working together, sharing information, and sharing capabilities

D. Through managers in the various businesses working together to create strategic competencies for the organization in order to pursue opportunities

A. Strategic thinking

B. Managing paradoxes

C. Innovative climate

D. Providing excellent quality

A. Strong financial performance

B. Committed employees

C. High level of service

D. Customer retention

A. all employees for orientation

B. its efforts to stabilize recruitment needs

C. overall strategy for the entire organization

D. overall sales projections

A. customer comments

B. stock performance and profitability

C. sales revenue

D. satisfactory employee targets

A. corporate level, business level, functional level

B. corporate level, business unit level, functional level

C. corporate strategy level, business unit level, functional level

D. corporate strategy level, business level, specialist level

A. a small group of people from the same department who work on projects together

B. a small group of people who come together to resolve business unit issues

C. a small group of specialists who collaborate on a task force

D. a small group of people from different departments who are mutually accountable to a common set of performance goals