The strategic-management process

Select one:

a. applies mostly to Non-governmental organization.

b. applies mostly to companies with sales greater than $100 million.

c. can be used in all types of organization

d. occurs once a year.

e. applies mostly to small businesses

6)What is the first step in the comprehensive strategic-management model?

Select one:

a. Establishing long-term objectives

b. analyzing environment externally

c. Measuring and evaluating performance

d. Developing vision and mission statements

e. analyzing environment internally

7)The ideal length of a vision statement is

Select one:

a. Up to 100 words

b. one sentence

c. several sentences.

d. one page

e. Up to 250 words.

8)The corporate mission is best described by which one of the following?

Select one:

a. A statement of corporate objectives.

b. A description of top management's responsibilities.

c. The purpose or reason for the corporation's existence.

d. A description of the activities carried out by the organization.

e. The philosophy of the founder.