1. Strategic management includes environmental analysis strategy formulation, strategy implementation and maintaining strategic momentum.

True

False

2. The title father of economics refers to:

a) Don Berwick

b) Adam Smit

c) Alfred Chandler

d) Henri Fayol

3) A theory of the firm would tell us which of the following?

a) Why firms exist?

b) Why firms are of different sizes?

c) Both A and B

d) Neither A and B

4) In the mid-19th century, the industrial revolution saw the following except:

a) Advances in transportation

b) New technologies in communication

c) New ways of financing business

d) Appreciation for the importance of data

5) The rise in the factory production system led to the organization of work where:

a) Production shifted from homes of workers to a central location

b) Labor was monitored or supervised

c) Both A and B

d) Neither A and B

plzzzz and asap