Question: I True / False Questions ( 7 2 points total 1 4 points ) score _ _ _ _ _ _ 1 . Effectiveness refers

ITrue/False Questions(72pointstotal 14points) score______
1. Effectiveness refers to the relationship between inputs and outputs.
2. Efficiency is often referred to as doing things right.
3. Strong cultures have more influence on employees than weak ones.
4. An MBO program consists of four elements: loose goals, participative decision making, an explicit time period, and performance feedback.
5. The first step in the strategic management process is analyzing the external environment.
6. Corporate-level strategies are developed for organizations that run more than one type of business.
7. According to Porters competitive strategies framework, the cost leadership strategy would result in the best quality product at a justifiable cost.

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