Question $1$

What consequence may an organisation face if it lacks an understanding of product and market dynamics?

a$.$

Increased profitability

b$.$

Higher market share

c$.$

Poor and inappropriate strategy selection

d$.$

Enhanced competitive advantage

Question $2$

How should ethics be integrated into an organsation?

a$.$

As a secondary consideration after financial goals are met

b$.$

As a separate department within the organsation

c$.$

As an isolated PR campaign

d$.$

As part of the organisation's core identity and strategy

Question $3$

Which of the following actions is typically part of strategy implementation?

a$.$

Establishment of cost$-$control procedures and management information systems

b$.$

Shift in responsibility from strategists to divisional and functional managers

c$.$

Involvement of middle and lower$-$level managers in decision$-$making

d$.$

Lack of new employee benefits and training programs

Question $4$

How should economic factors be stated to be useful in strategic planning?

a$.$

In financial terms only

b$.$

In qualitative terms only

c$.$

In broad terms with no specific data

d$.$

In AQCD terms to the extent possible

Question $5$

How should change be viewed by managers and employees to facilitate successful strategy implementation?

a$.$

As an opportunity for the organisation to compete more effectively

b$.$

As a threat to everyone$$s livelihood

c$.$

As a temporary inconvenience

d$.$

As a reason to resist authority

Question $6$

What is the purpose of matching internal weaknesses with external threats, according to David's outline?

a$.$

To address weaknesses by exploiting opportunities

b$.$

To address weaknesses to mitigate possible threats

c$.$

To exploit opportunities

d$.$

To mitigate possible threats using strengths

Question $7$

What significant change occurred in $2018$ regarding U$.$S$.-$based multinational organisation' offshore cash holdings?

a$.$

A one$-$time $15\mathrm{.}5$ percent tax on foreign earnings held offshore

b$.$

A requirement to invest offshore cash in foreign markets

c$.$

An elimination of taxes on repatriated cash

d$.$

A new tax encouraging organisation to keep cash offshore

Question $8$

Which assumption does Earnings Per Share$/$Earnings Before Interest and Taxes $($EPS$/$EBIT$)$analysis make regarding stock price, tax rate, and interest rates?

a$.$

They will decrease gradually

b$.$

They will stay constant

c$.$

They will fluctuate significantly

d$.$

They will increase gradually

Question $9$

How does business analytics benefit organizations in terms of cybersecurity?

a$.$

By preventing all types of data breaches

b$.$

By analyzing patterns and revealing potential threats $($DDD: $112)$

c$.$

By minimizing the need for data security measures

d$.$

By ignoring cybersecurity issues altogether

Question $10$

Goals should be set according to SMART principles. What does the $$A$$ stand for here?

a$.$

Actionable

b$.$

Available

c$.$

Attainable

d$.$

Answerable

Question $11$

What does a complementary product refer to$?$

a$.$

A product that is produced by the same company

b$.$

A product that serves the same purpose as another product

c$.$

A product that is used together with another product

d$.$

A product that fulfills a different need than another product

Question $12$

What are grand strategies designed to achieve?

a$.$

Short$-$term operational objectives

b$.$

Immediate tactical goals

c$.$

Quarterly financial targets

d$.$

Long$-$term objectives set by senior management

Question $13$

There are fundamental differences between management and strategy. Which of the following would best describe management planning?

a$.$

Determination of the tasks that need doing as well as the persons who must ensure that it is done

b$.$

Analysis of the organisation and its environment, defining objectives, and establishing plans to achieve objectives

c$.$

Monitoring the activities of the organisation to track the progress of projects

d$.$

Directing and motivating staff members to ensure a high standard of productivity

Question $14$

Which of the following statements is true regarding planning?

a$.$

Planning involves reacting to external forces as they occur.

b$.$

Planning ensures the conservation of natural resources.

c$.$

Planning focuses solely on projecting past and present trends into the future.

d$.$

Planning is often neglected by managers. $($DDD: $99)$

Question $15$

Which of the following factors is crucial for achieving strategic fit?

a$.$

Clear communication channels

b$.$

External market conditions

c$.$

Technological advancements

d$.$

Ineffective leadership

Question $16$

What is the capacity for a set of resources to perform a task or activity in an integrative manner called?

a$.$

Organisational efficiency

b$.$

Market responsiveness

c$.$

Core competency

d$.$

Strategic capability

Question $17$

Which of the following statements best describes the term $$management$?$

a$.$

The potential customers of an organisation to whom the organisation wants to sell their products or services

b$.$

The coordination of the organisati