mgt 350 module - In general terms, which of the following...

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In general terms, which of the following questions is addressed by the mission statement? What are our economic goals? Question 2 0 out of 1 points Strategic management compromises nine critical tasks. Which of the following is NOT one of the tasks? Selected Answer: Feedback : Grand strategies are aligned to the long term objectives, not the annual objectives. Question 3 0 out of 1 points The informal, intuitive and limited approach to strategic management associated with owner-managers of smaller firm refers to the ____ mode of formality, according to Mintzberg. Selected Answer: Feedback : Mintzberg's informal and intuitive strategic management mode is the entrepreneurial since that is how they typically strategize. Question 4 1 out of 1 points When the dominance of the CEO approaches autocracy, the
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effectiveness of the form's strategic planning and management processes are likely to: Selected Answer: Question 5 0 out of 1 points A firm will be incapable of satisfying its stakeholders' claims, if it does NOT insure: Selected Answer: Feedback : Growth and profitability can wane and competition can be stiff, but unless the company can survive, growth, profitability and competition do not matter. Question 6 1 out of 1 points Which one of the following is NOT an outcome designed to be accomplished by a company mission? Selected Answer: Question 7 0 out of 1 points Strategic decisions are based on what managers _____, rather than on what they _____. Selected Answer:
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Feedback : When managers base strategy on what they know or have experienced in the past, it can result in management myopia. Analysis is the basis on which strategy is formed. Reacting after the fact is not strategy, it's choosing fearful laziness. Question 8 1 out of 1 points Influential individuals and groups that are vitally interested in the actions of the business are called Selected Answer: Question 9 0 out of 1 points Long-term objectives are principally attained through: Selected Answer: Feedback : Long term is typically three to five years. Functional strategies are usually based on the annual goals which are more short term. Question 10 1 out of 1 points According to Henry Mintzberg, very large firms typically use the _____ mode of strategic management. Selected Answer: Strategic management processes need which of the following to enhance future decision making? Sel Feedback
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ect ed An sw er: Question 2 1 out of 1 points According to Henry Mintzberg, very large firms typically use the _____ mode of strategic management. Selected Answer: Question 3 0 out of 1 points Corporate-level decisions are characterized by: Selected Answer: Feedback : Corporate level strategies are built to maintain sustainability and profitability for the company as whole. Question 4
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mgt 350 module - In general terms, which of the following...

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