Question 1

Even the best plan can do no good until it is effectively executed.

Accepted Answer

A) True 
 B)False  True

Question 2

In order to survive in a globally competitive environment, organizations must adopt a broad strategy that gives them a sustainable competitive advantage.

Accepted Answer

A) True 
 B)False  True

Question 3

Change that is inflicted on employees will be resisted, but change that is engendered by employees who are involved in and prepared for it will be accepted and promoted.

Accepted Answer

A) True 
 B)False  True

Question 4

SWOT Analysis is the only step needed in the strategic planning process.

Accepted Answer

A) True 
 B)False

Question 5

A core competency is something an organization does so well it can be viewed as a competitive advantage.

Accepted Answer

A) True 
 B)False

Question 6

An organization's vision is a specific measurable goal it tries to achieve.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following statements best describe the acronym SWOT?

Accepted Answer

A)  Specific, Witness, Opportunities, and Time. 
B)  Single, Weaknesses, Occasion, and Tactics. 
C)  Strengths, Weaknesses, Opportunities, and Threats. 
D)  Strategic, Weaknesses, Objectives, and Tactics. 
A)  Specific, Witness, Opportunities, and Time. 
B)  Single, Weaknesses, Occasion, and Tactics. 
C)  Strengths, Weaknesses, Opportunities, and Threats. 
D)  Strategic, Weaknesses, Objectives, and Tactics.

Question 8

Asian countries have not yet adopted the concept of quality.

Accepted Answer

A) True 
 B)False

Question 9

An advantage of organizations in the U.S. that compete globally is:

Accepted Answer

A)  Poor quality of Japanese companies. 
B)  Strong entrepreneurial spirit. 
C)  Government regulations. 
D)  Protectionist sentiment. 
A)  Poor quality of Japanese companies. 
B)  Strong entrepreneurial spirit. 
C)  Government regulations. 
D)  Protectionist sentiment.

Question 10

Which of the following statements apply when developing a mission statement?

Accepted Answer

A)  The how-to statements. 
B)  Describe the "who, what, and where" of the organization. 
C)  Be brief, but comprehensive. 
D)  Choose wording that is simple. 
A)  The how-to statements. 
B)  Describe the "who, what, and where" of the organization. 
C)  Be brief, but comprehensive. 
D)  Choose wording that is simple.

Question 11

To promote successful execution of strategies, organizations should undertake which of the following strategies?

Accepted Answer

A)  Eliminate administrative barriers 
B)  Conduct a secondary SWOT analysis 
C)  Hold a stakeholder's gap analysis 
D)  Contract with an execution specialist 
A)  Eliminate administrative barriers 
B)  Conduct a secondary SWOT analysis 
C)  Hold a stakeholder's gap analysis 
D)  Contract with an execution specialist

Question 12

Which of the following strategies is important when executing a strategic plan?

Accepted Answer

A)  Review the plan with customers. 
B)  Identify advocates and resisters. 
C)  Form an application task force. 
D)  Activate the steering committee. 
A)  Review the plan with customers. 
B)  Identify advocates and resisters. 
C)  Form an application task force. 
D)  Activate the steering committee.

Question 13

Strategic management is

Accepted Answer

A)  Creative thinkers who look at their business environment from a different perspective. 
B)  Expansive and wasteful. 
C)  Constantly seeking gaps in the marketplace that their companies can fill. 
D)  Management that bases decisions within an ethical framework. 
A)  Creative thinkers who look at their business environment from a different perspective. 
B)  Expansive and wasteful. 
C)  Constantly seeking gaps in the marketplace that their companies can fill. 
D)  Management that bases decisions within an ethical framework.

Question 14

Which of the following statements is true concerning strategies used to execute a strategic plan?

Accepted Answer

A)  Organizations should communicate at all times. 
B)  Consult with only managers. 
C)  Adjust to administrative barriers. 
D)  Be flexible and improvise. 
A)  Organizations should communicate at all times. 
B)  Consult with only managers. 
C)  Adjust to administrative barriers. 
D)  Be flexible and improvise.

Even the best plan can do no good until it is effectively executed.

In order to survive in a globally competitive environment, organizations must adopt a broad strategy that gives them a sustainable competitive advantage.

Change that is inflicted on employees will be resisted, but change that is engendered by employees who are involved in and prepared for it will be accepted and promoted.

SWOT Analysis is the only step needed in the strategic planning process.

A core competency is something an organization does so well it can be viewed as a competitive advantage.

An organization's vision is a specific measurable goal it tries to achieve.

Which of the following statements best describe the acronym SWOT?

Asian countries have not yet adopted the concept of quality.

An advantage of organizations in the U.S. that compete globally is:

Which of the following statements apply when developing a mission statement?

To promote successful execution of strategies, organizations should undertake which of the following strategies?

Which of the following strategies is important when executing a strategic plan?

Strategic management is

Which of the following statements is true concerning strategies used to execute a strategic plan?

The Total Quality Approach to Quality Management

Quality and Global Competitiveness

Quality Management, Ethics, and Corporate Social Responsibility

Partnering and Strategic Alliances

Quality Culture: Changing Hearts, Minds, and Attitudes

Customer Satisfaction, Retention, and Loyalty

Employee Empowerment

Leadership and Change

Team Building and Teamwork

Effective Communication

Education and Training

Overcoming Politics, Negativity, and Conflict in the Workplace

Iso 9000 and Total Quality: the Relationship

Overview of Total Quality Tools

Problem Solving and Decision Making

Quality Function Deployment

Optimizing and Controlling Processes Through Statistical Process Control

Continual Improvement Methods With Six Sigma, Lean, Lean Six Sigma, and More

Benchmarking

Just-In-Timelean Manufacturing Jitlean

Implementing Total Quality Management

Filters

Exam 3: Strategic Management: Planning and Execution for Competitive Advantage

Even the best plan can do no good until it is effectively executed.

In order to survive in a globally competitive environment, organizations must adopt a broad strategy that gives them a sustainable competitive advantage.

Change that is inflicted on employees will be resisted, but change that is engendered by employees who are involved in and prepared for it will be accepted and promoted.

SWOT Analysis is the only step needed in the strategic planning process.

A core competency is something an organization does so well it can be viewed as a competitive advantage.

An organization's vision is a specific measurable goal it tries to achieve.

Which of the following statements best describe the acronym SWOT?

Asian countries have not yet adopted the concept of quality.

An advantage of organizations in the U.S. that compete globally is:

Which of the following statements apply when developing a mission statement?

To promote successful execution of strategies, organizations should undertake which of the following strategies?

Which of the following strategies is important when executing a strategic plan?

Strategic management is

Which of the following statements is true concerning strategies used to execute a strategic plan?

The Total Quality Approach to Quality Management

Quality and Global Competitiveness

Quality Management, Ethics, and Corporate Social Responsibility

Partnering and Strategic Alliances

Quality Culture: Changing Hearts, Minds, and Attitudes

Customer Satisfaction, Retention, and Loyalty

Employee Empowerment

Leadership and Change

Team Building and Teamwork

Effective Communication

Education and Training

Overcoming Politics, Negativity, and Conflict in the Workplace

Iso 9000 and Total Quality: the Relationship

Overview of Total Quality Tools

Problem Solving and Decision Making

Quality Function Deployment

Optimizing and Controlling Processes Through Statistical Process Control

Continual Improvement Methods With Six Sigma, Lean, Lean Six Sigma, and More

Benchmarking

Just-In-Timelean Manufacturing Jitlean

Implementing Total Quality Management

Filters