Concepts of Strategic Management
Introduction | Concepts | Exercises | Resolution | Case | Discussion | Print
Exercises

Part 1

In this section you'll find a number of questions and activities. After you've made your selections, click on the "How did I do?" button to view the correct answers and explanations for the questions.

1. The strategic planning process at CanGo can be described as
a. purposeful and well directed.
b. deliberate and intended.
c. haphazard and emergent.
d. none of the above.
 
2. In order for Liz to develop a more deliberate strategic management process, she must
a. follow a planning process that is linear and inflexible.
b. establish committees to decide what the process should entail.
c. examine only the organization's operation.
d. use the strategic management process.
e. do none of the above.
 
3. Assuming that Liz decides to develop a strategic management plan, her first step would be to
a. assess the strengths and weaknesses of the company.
b. examine the structure of the company in relation to the strategy.
c. analyze economic, political, social, and technological market forces.
d. develop a vision or mission statement.
 
 

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