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FalseWhich of the following statements concerning strategic analysis is true?a.Strategic analysis focuses exclusively upon external analysis.b.External analysis focuses on the strengths and weaknesses of the organization.c.Internal analysis focuses on the threats and opportunities facing the organization.d.External analysis focuses on the threats and opportunities facing the organization.DAll of the following factors influence the opportunities and threats an organization must considerwhen performing a strategic analysis EXCEPT:a.competitorsb.suppliersc.regulatory agenciesd.employeesDA clear and compelling vision will have all the following characteristics EXCEPT:a.often requires extra effort to achieve.b.often requires several years to achieve.c.provides detailed roadmap for managing a projectd.helps stakeholders to understand the direction of the firm.CWhich of the following responses most accurately depicts the correct sequence of activities in thestrategic planning process?a.strategic objectives - strategic analysis - guiding principles - flow-down objectivesb.guiding principles - strategic analysis - strategic objectives - flow-down objectivesc.
strategic analysis - guiding principles - strategic objectives - flow-down objectivesd.guiding principles - strategic objectives - flow-down objectives - strategic analysisCMany writers have stated that effective objectives should be: a.broad - to cover many dimensions of the businessb.measurable - to track progressc.unachievable - to inspire maximum performanced.resource based - to focus on the inputsBAll of the following statements concerning project portfolios are true EXCEPT:a.The projects in a portfolio are grouped to be managed collectively.b.Portfolios cannot include operations and programs.c.Portfolios usually include a mix of high-risk and low-risk projects.d.All projects in a portfolio contribute to the organization's goals.BPortfolios deal with all of an organization's projects, while programs deal with:a.ongoing operationsb.a specific group of related projectsc.resource availabilityd.tradeoffs between schedule, scope and qualityBPortfolio management helps an organization achieve its strategic goals in all of the following ways EXCEPT:a.managing ongoing projectsb.providing needed resourcesc.selecting the right projects
d.prioritizing work to be doneAThe document that describes why the project is needed, and may include estimated costs and benefits, is called a:a.program management planb.business casec.SWOT analysisd.guiding principleBAll of the following factors should be assessed to determine an organization's ability to perform projects EXCEPT:a.Does the organization have free and open communication, creativity, and empowered decision making?