Deck 3: Strategic Management and Policy Development

Question 1

Which of the following is true of the set of decisions and action plans that are part of strategic management?

A) They are more long term than short term
B) They require advanced technologies
C) They evolve from the organization's mission statement
D) They have nothing to do with the tactics employed for achieving success

Answer 1

C

Question 2

If the NBA's corporate-level strategy involves expanding its operations to Asia, Europe, and Australia, their business-level strategy might involve which of the following?

A) New methods for improving communication to employees
B) An international advertising plan communicated through television and web advertising
C) Market trend analysis of the NBA Hoop It Up program
D) Strengthening the national fan base for basketball in Canada

Answer 2

B

Question 3

The five Ps of strategy offered by Henry Mintzberg include which of the following?

A) Performance because there is no point in strategy without results
B) Product because actions speak louder than words
C) Perpetual because planning must be ongoing
D) Perspective because the culture of the organization is important

Answer 3

D

Question 4

Considering the _____________ and long-term impact of decision alternatives is critical to strategic decision-making.

A) Worst-case scenario
B) Ground work
C) Global
D) Entrepreneurial

Question 5

Which of the following is true of policies?

A) They are virtually the same as tactics
B) They are developed only by the CEO
C) They emerge and change over time
D) They are more like tactics than objectives

Question 6

Effective policies make which of the following more effective?

A) Decision making
B) Constitutions
C) Publicity
D) Division of labor

Question 7

Which of the following is true of the case method analysis for developing effective policy?

A) It results in a written policy statement
B) It does not require policies to be written
C) It might not work when finances are a concern
D) It helps to define the issue but not the solution

Question 8

Macro- and micro-management orientation refers to __________.

A) Complexity
B) Level of analysis
C) Interaction
D) Policy development

Question 9

What is the relationship between policies and strategic management?

A) They are slightly related to one another
B) They are highly related such that strategy empowers policy development
C) They are not really related to one another
D) They are highly related such that policies empower strategic management

Question 10

Will strategy help the sport manager be more innovative?

A) No, because innovation is different from strategy
B) No, because there are no guarantees in today's competitive business world
C) Yes, because it enhances the manager's entrepreneurial role
D) Yes, because it enhances the manager's communicative role

Question 11

Policies are active living documents that can change in response to changes within the organization

Question 12

The macro level of analysis provides information for the construction of the business strategy for the organization

Question 13

The actual structural configuration of an organization can be analyzed from several different perspectives

Question 14

Sport organizations have less need for policies than educational organizations

Question 15

Strategic management is often unrelated to organizational effectiveness

Question 16

Define the term strategic management

Question 17

Name and explain the three levels of strategy. Give an example of each for your favorite sport organization

Question 18

What steps should be taken to execute the strategic management plan? Give an example to illustrate your answer

Question 19

How are strategic management and strategic decision making different?

Question 20

Why are policies important for sport organizations?