Question: On the strategic planning process, the first step we need to do is to evaluate the current results of the company, in order to have

On the strategic planning process, the first step we need to do is to evaluate the current results of the company, in order to have a comparison base of calculation end development

Select one:

True

False

On the PESTEL framework, the L includes the analysis of:

a.

How legal are the actions of our plan in the business area

b.

How will change in legislation affect the organizations profitability, sustainability, and growth

c.

Which are the main factors of leverage in the area analyzed

Porter's five forces is analyzing the factors (forces) that shape the competitive situation on a :

a.

Market

b.

Industry

c.

Company

On Bowman's strategy clock, one of the best positions a company can achieve is the loss of market share strategy.

Select one:

True

False

A vision statement is helping the company in many ways and shall be based on a few factors. Choose one or more right options related to the vision statement

a.

Vision is what makes you out of bed everyday

b.

Vision shall be reformulated frequently, to adapt to company changes

c.

A vision statement should answer the basic question, What do we want to become?

Stakeholders definition and main characteristics are:

a.

A company can decide who is a sytake holder or not

b.

Stakeholders are solely the shareholders and other owners of a company

c.

Stakeholders are individuals or groups that depend on an organisation to fulfil their own goals and on whom, the organisation depends.

Core competences or distinctive capabilities are combinations of resources and capabilities which are unique to a specific organization and which are responsible for generating its competitive advantage

Select one:

True

False

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