Question: Multiple Choice Strategic control is important because q , A . it is difficult to know how well the firm is performing without it B
Multiple Choice
Strategic control is important because
A it is difficult to know how well the firm is performing without it
B the organization's environment is uncertain and always changing
C lowerlevel managers need an effective means of providing feedback to top management
D A & B only
The strategic control process begins by
A identifying appropriate performance measures
B establishing benchmarks
C measuring performance
D taking corrective action as needed
The process of measuring a firm's performance against that of the top performers, usually in the same industry, is known as
A competitive positioning
B performance measurement
C benchmarking
D PIMS analysis
Sources of published information for strategic control available to the public include all of the following except
A the Wall Street Journal
B Consumer Reports
C PIMS data
D many trade journals
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