MGT 450 FI
MGT 450 Wk 4 Quiz.docx

Selling price of product revenue growth roi degree of

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Selling price of product Revenue growth ROI Degree of risk Question 5 1 / 1 pts What are the key components of recommendations? Trigger/contingency pairs Identifying key programs Defining strategic intent Setting revenue and NIAT objectives Correct! All of the above
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Question 6 1 / 1 pts The three benefits under “Think” (shared understanding of external changes, ability to anticipate future external changes, and ability to search for a better strategy or business model) are independent of each other. True Correct! False Question 7 1 / 1 pts Consensus means unanimous agreement, not agreement by majority vote. Correct! True False Question 8 1 / 1 pts Which of the following is not a condition for creating a good contingency? Correct! It should take a year or so to put into effect It should not renege on the chosen strategy It should be operational, not strategic It should not be something that the company is already doing It should solve the problem implied by the trigger
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Question 9 1 / 1 pts Setting objectives before deciding on a strategy provides more options and direction. True Correct! False Question 10 1 / 1 pts Doing research and collecting data on a number of external and internal environmental categories—and then sharing that information—improves the quality of the strategic decisions made. Correct! True False
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