Question 1

Answering questions such as "What business are we in?" and "What business do we want to be in?" can lead the organization to define the:

Accepted Answer

A)  mission. 
B)  objectives. 
C)  core purpose. 
D)  strategic plan. 
A)  mission. 
B)  objectives. 
C)  core purpose. 
D)  strategic plan. C

Question 2

In a written strategic plan, the _______ contains all the documentation related to the strategic planning process so that the reader obtains a sense of the background information used by the strategic planners in order to arrive at the strategic plan.

Accepted Answer

appendix
The appendix contains all the documentation related to the strategic planning process so that the reader obtains a sense of the background information used by the strategic planners in order to arrive at the strategic plan.

Question 3

Strategic management, long used in business to ensure a competitive advantage over similar enterprises, involves: (Select all that apply.)

Accepted Answer

A)  setting targets. 
B)  establishing goals. 
C)  evaluating success. 
D)  developing an action plan. 
E)  defining the core purpose.
F) conducting an environmental scan. 
A)  setting targets. 
B)  establishing goals. 
C)  evaluating success. 
D)  developing an action plan. 
E)  defining the core purpose.
F) conducting an environmental scan. A, B, C, D, F

Question 4

Most strategic plans result in a written document. Strategic plan documents generally contain which of the following sections? (Select all that apply.)

Accepted Answer

A)  Forward 
B)  Glossary 
C)  Goals and strategies 
D)  Executive summary 
E)  Mission, vision, and values 
A)  Forward 
B)  Glossary 
C)  Goals and strategies 
D)  Executive summary 
E)  Mission, vision, and values

Question 5

A(n) _____ is a two- to three-page synopsis of the strategic plan, written in language understandable by all potential readers.

Accepted Answer

executive summary
An executive

Question 6

Addressing the strategic planning process questions involves considering environmental factors. An example of an external environmental factor to be considered is:

Accepted Answer

A)  financial factors. 
B)  human resources. 
C)  political climate. 
D)  organizational culture. 
A)  financial factors. 
B)  human resources. 
C)  political climate. 
D)  organizational culture.

Question 7

The guiding framework that describes the organization's purpose and future direction is the:

Accepted Answer

A)  futuristic guidelines. 
B)  mission and vision. 
C)  strategic plan. 
D)  core purpose. 
A)  futuristic guidelines. 
B)  mission and vision. 
C)  strategic plan. 
D)  core purpose.

Question 8

For organizational strategy to be implemented successfully it must be: (Select all that apply.)

Accepted Answer

A)  specific and inflexible. 
B)  applied in a timely manner. 
C)  agreed upon by all stakeholders. 
D)  executed proficiently and efficiently. 
E)  aligned with the organizational culture. 
A)  specific and inflexible. 
B)  applied in a timely manner. 
C)  agreed upon by all stakeholders. 
D)  executed proficiently and efficiently. 
E)  aligned with the organizational culture.

Question 9

SWOT is an acronym for:

Accepted Answer

A)  stability, wealth, opportunistic, and timeliness. 
B)  strategies, work ethic, oppositions, and team. 
C)  strengths, weaknesses, opportunities, and threats. 
D)  strong, worthy, oppositional, and tactical. 
A)  stability, wealth, opportunistic, and timeliness. 
B)  strategies, work ethic, oppositions, and team. 
C)  strengths, weaknesses, opportunities, and threats. 
D)  strong, worthy, oppositional, and tactical.

Question 10

The statement, "We will provide high-quality care and services to our patients. We are committed to maintaining excellence, respect, and integrity in all aspects of our operations and our professional and business conduct," is an example of:

Accepted Answer

A)  a mission statement. 
B)  the core values of an organization. 
C)  a strategic plan. 
D)  the core purpose of an organization. 
A)  a mission statement. 
B)  the core values of an organization. 
C)  a strategic plan. 
D)  the core purpose of an organization.

Question 11

A competitive move or business approach designed to produce a successful outcome is called _______.

Accepted Answer

strategy
Strategy is a competi

Question 12

The statement, "We will increase our profit by 8% each year," is an example of a(n):

Accepted Answer

A)  strategic plan. 
B)  mission statement. 
C)  organization objective. 
D)  implementation strategy. 
A)  strategic plan. 
B)  mission statement. 
C)  organization objective. 
D)  implementation strategy.

Question 13

An action plan:

Accepted Answer

A)  breaks a strategic plan into manageable parts. 
B)  details a futuristic view of the institution. 
C)  outlines the steps in performing a procedure. 
D)  provides a strategic plan for actualizing the mission. 
A)  breaks a strategic plan into manageable parts. 
B)  details a futuristic view of the institution. 
C)  outlines the steps in performing a procedure. 
D)  provides a strategic plan for actualizing the mission.

Question 14

A highly respected staff RN on the medical-surgical unit has volunteered to be the champion for the implementation of a new nursing protocol. What does champion mean in this situation? The staff nurse will:

Accepted Answer

A)  accept an award on behalf of her unit regarding this protocol. 
B)  display a winning attitude in support of the new protocol. 
C)  educate others in continuous quality improvement protocols. 
D)  passionately commit to the implementation of the process and inspire others. 
A)  accept an award on behalf of her unit regarding this protocol. 
B)  display a winning attitude in support of the new protocol. 
C)  educate others in continuous quality improvement protocols. 
D)  passionately commit to the implementation of the process and inspire others.

Question 15

A nurse manager enjoys implementing new programs and beginning new projects. She is beginning to find herself overwhelmed and needs to decrease her workload. Which of the following ideas might best help decrease her workload?

Accepted Answer

A)  Comparing her vision with that of the institution 
B)  Following the strategic objectives and mission of the hospital 
C)  Reviewing the action plan and vision of the hospital system 
D)  Using her intuition to determine which project should continue 
A)  Comparing her vision with that of the institution 
B)  Following the strategic objectives and mission of the hospital 
C)  Reviewing the action plan and vision of the hospital system 
D)  Using her intuition to determine which project should continue

Question 16

Part of the evaluation design process when developing a strategic plan includes:

Accepted Answer

A)  delineation of measures of success. 
B)  designing a form to critique the guidelines. 
C)  formulating an implementation outline. 
D)  writing the vision and mission statement. 
A)  delineation of measures of success. 
B)  designing a form to critique the guidelines. 
C)  formulating an implementation outline. 
D)  writing the vision and mission statement.

Question 17

The concept of strategic management includes strategic planning and the implementation of:

Accepted Answer

A)  core values. 
B)  strategy. 
C)  tactics. 
D)  objectives. 
A)  core values. 
B)  strategy. 
C)  tactics. 
D)  objectives.

Question 18

Characteristics of strategic management include: (Select all that apply.)

Accepted Answer

A)  alignment with the external environment. 
B)  helps identify best practices on the nursing unit. 
C)  future orientation. 
D)  engagement of the entire workforce in organizational leadership. 
E)  use of change management strategies to achieve performance goals.
F) facilitation of decision making with well-communicated decisions. 
A)  alignment with the external environment. 
B)  helps identify best practices on the nursing unit. 
C)  future orientation. 
D)  engagement of the entire workforce in organizational leadership. 
E)  use of change management strategies to achieve performance goals.
F) facilitation of decision making with well-communicated decisions.

Question 19

Strategic management is useful for nursing leaders and managers because it: (Select all that apply.)

Accepted Answer

A)  helps identify best practices on the nursing unit. 
B)  rewards those who carry out strategy successfully. 
C)  can be used to set measurable, achievable goals and plans. 
D)  can be used to analyze the environment for opportunities and threats. 
E)  can help determine the future of the nursing area, such as a department or unit. 
A)  helps identify best practices on the nursing unit. 
B)  rewards those who carry out strategy successfully. 
C)  can be used to set measurable, achievable goals and plans. 
D)  can be used to analyze the environment for opportunities and threats. 
E)  can help determine the future of the nursing area, such as a department or unit.

Question 20

A key component of the strategic planning process is to assess the environment. Place the steps of the assessment process in order:

Accepted Answer

A)  Identify strengths and weaknesses internal to the organization. 
B)  Shape strategies into a strategic plan on which strategic management is based. 
C)  Establish priorities for the critical issues so that strategies are based on the priority issues. 
D)  Analyze strengths, weaknesses, opportunities, and threats for their impact on the organization. 
E)  Analyze internal components for the purpose of drafting a picture of the critical features of the organization. 
A)  Identify strengths and weaknesses internal to the organization. 
B)  Shape strategies into a strategic plan on which strategic management is based. 
C)  Establish priorities for the critical issues so that strategies are based on the priority issues. 
D)  Analyze strengths, weaknesses, opportunities, and threats for their impact on the organization. 
E)  Analyze internal components for the purpose of drafting a picture of the critical features of the organization.

Exam 14: Strategic Management

Answering questions such as "What business are we in?" and "What business do we want to be in?" can lead the organization to define the:

In a written strategic plan, the _______ contains all the documentation related to the strategic planning process so that the reader obtains a sense of the background information used by the strategic planners in order to arrive at the strategic plan.

Strategic management, long used in business to ensure a competitive advantage over similar enterprises, involves: (Select all that apply.)

Most strategic plans result in a written document. Strategic plan documents generally contain which of the following sections? (Select all that apply.)

A(n) _____ is a two- to three-page synopsis of the strategic plan, written in language understandable by all potential readers.

Addressing the strategic planning process questions involves considering environmental factors. An example of an external environmental factor to be considered is:

The guiding framework that describes the organization's purpose and future direction is the:

For organizational strategy to be implemented successfully it must be: (Select all that apply.)

SWOT is an acronym for:

The statement, "We will provide high-quality care and services to our patients. We are committed to maintaining excellence, respect, and integrity in all aspects of our operations and our professional and business conduct," is an example of:

A competitive move or business approach designed to produce a successful outcome is called _______.

The statement, "We will increase our profit by 8% each year," is an example of a(n):

An action plan:

A highly respected staff RN on the medical-surgical unit has volunteered to be the champion for the implementation of a new nursing protocol. What does champion mean in this situation? The staff nurse will:

A nurse manager enjoys implementing new programs and beginning new projects. She is beginning to find herself overwhelmed and needs to decrease her workload. Which of the following ideas might best help decrease her workload?

Part of the evaluation design process when developing a strategic plan includes:

The concept of strategic management includes strategic planning and the implementation of:

Characteristics of strategic management include: (Select all that apply.)

Strategic management is useful for nursing leaders and managers because it: (Select all that apply.)

A key component of the strategic planning process is to assess the environment. Place the steps of the assessment process in order:

Leadership and Management Principles

Change and Innovation

Organizational Climate and Culture

Managerial Decision Making

Managing Time and Stress

Legal and Ethical Issues

Communication Leadership

Team Building and Working With Effective Groups

Delegation in Nursing

Power and Conflict

Workplace Diversity

Organizational Structure

Decentralization and Shared Governance

Professional Practice Models

Case and Population Health Management

Evidence-Based Practice: Strategies for Nursing Leaders

Quality and Safety

Measuring and Managing Outcomes

Prevention of Workplace Violence

Confronting the Nursing Shortage

Staffing and Scheduling

Budgeting, Productivity, and Costing Out Nursing

Performance Appraisal

Emergency Management and Preparedness

Data Management and Clinical Informatics

Marketing

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