6. Which of the following is not true for strategicmanagement?
A. It supports consistency of action at every department and unitof the organization
B. It should be done every time that the organization decides toundertake projects
C. It develops an integrated and coordinated long-term plan ofaction
D. It positions the firm to please the needs of its customers
E. All of these are true statements

7. Which of the following is not one of the characteristics ofeffective objectives?
A. Realistic
B. Achievable
C. Has the property that can be adjusted continuously
D. Specific
E. Measurable

8. Which of the following is the correct order for the strategicmanagement process?
A. Strategies, mission, goals, projects
B. Mission, goals, strategies, projects
C. Goals, projects, mission, strategies
D. Goals, mission, strategies, projects
E. Projects, mission, strategies, goals

9. Project selection criteria are typically classified as:
A. Financial and weighted
B. Short-term, term between one to ten years, long-term
C. Strategic, under-strategic and tactical
D. Required and optional
E. Financial and non-financial
F. Cost and schedule

10. Which of the following is NOT TRUE of multi-weighted scoringmodels?
A. Will include quantitative criteria in project evaluation
B. Will include qualitative criteria in project evaluation
C. Each criterion is assigned a weight
D. Projects with higher scores are considered more desirable
E. projects that score higher in multi-weight scoring model aregiven priority considerations.
F. Projects with higher scores have a higher probability to beconsidered
G. No considerations for projects with NPV less than zero.

Answer rating: 100% (QA)

6 B It should be done every time that the organization decides to undertake projects This statement ... View the full answer