Chapter 3 Quiz example #3822

_____ goals are set by and for an organization's top management.

Which of the following is true of strategic plans?

Which of the following is true of operational goals?

A line manager at a brewery sets a target for the minimum number of beet cartons that have to be shipped out by the end of each day. This is an example of a(n) _____ goal.

An automobile company that is the first of its kind to manufacture a car hat runs solely on solar energy is said to:

Which of the following areas of the strategy specifies the range of markets in which an organization will compete?

_____ refers to the choices an organization makes as to where and how much to invest.

The set of processes involved in creating or determining the organization's strategies is called _____.

Organizational strengths are:

A national news event leads to a surge of interest in education policy. For an education think tank, this represents an organizational _____.

In practice, organizations have a hard time focusing on _____.

In the SWOT analysis, evaluating organizational _____ requires analyzing an organization's environment.

Which of the following is true of firms that successfully implement a differentiation strategy?

Which of the following is true of a differentiation strategy?

Product differentiation is an important management issue during the _____ stage of the product life cycle.

A firm that specializes in alternative energy releases a new and highly efficient solar battery. During the _____ stage of the product cycle, other firms will begin to produce the product and sales will continue to increase.

Which of the following is a type of corporate-level strategy?

A wedding planner in Boston decides to open a specialty boutique for bridal gowns. This is an example of _____.

According to the BCG matrix, _____ are businesses that have the largest share of a rapidly growing market.

According to the BCG matrix, _____ are businesses that have a very small share of a market that is not expected to grow.

Which of the following is an area of focus for tactical plans?

Tactical plans must be consistent with a(n) _____ plan.

In order to further an organization's goal of increasing sales by a large margin, upper-level managers coordinate the acquisition of a number of retail outlets in smaller cities. These acquisitions represent the implementation of a(n) _____ plan.

Which of the following is NOT part of the proper execution of tactical plans?

A policy is:

A clothing manufacturer is opening a new facility in a different city. Which of the following single-use plans will it employ?

A _____ describes how specific activities are to be carried out.

Which of the following is true of a standard operating procedure?