QUESTION

Experiences, characteristics, and knowledge are all factors that constitute human resources. True False

Situation analysis allows the organization to examine: (Choose the BEST answer.)

		both external and internal factors.
		the top management of the organization only.
		None of these answer choices are correct.
		external factors only.
		internal factors only.

Choose all of the following that are aspects of effective strategic leadership: ( Choose ALL that apply.)

		Emphasizing ethical decisions and practices
		Developing human capital
		Exploiting and maintaining core competencies
		Creating and sustaining a strong organizational culture

2 points

QUESTION 7

Choose all of the following that are important issues affecting strategic management in today's world: (Choose ALL that apply)

		e-business
		globalization.
		None of these answer choices are correct.
		corporate governance.

2 points

QUESTION 8

Choose ALL of the following that are levels of strategies within organizations: (Choose ALL that apply.)

		Corporate strategies
		None of these answer choices are correct.
		Functional strategies
		Competitive strategies

2 points

QUESTION 9

According to the guerrilla view of competitive advantage, the state of an organization's competitive advantage is _________________.

2 points

QUESTION 10

________________ is defined as the use of equipment, materials, knowledge, and experience to perform tasks.

2 points

QUESTION 11

Choose ALL of the following that are examples of stakeholders: (Choose ALL that apply.)

		Employees
		Suppliers
		Customers
		Owners

2 points

QUESTION 12

According to the I/O View, competitive advantage is determined by an organization's positioning in the industry. True False

2 points

QUESTION 13

Choose ALL of the following that are part of the definition of strategic management: (Choose ALL that apply.)

		putting those strategies into action
		those decisions and actions where organizational members analyze the current situation
		developing appropriate strategies
		evaluating and changing those strategies as needed

2 points

QUESTION 14

An organization's strategies should be designed so that they incorporate: (Choose the BEST answer).

		None of these answer choices are correct.
		only traditional values of past organizations.
		resources and capabilities.
		opportunities and threats.
		opportuntities, threats, resources, and capabilities.