Chapters 1-4
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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show | what is our business?
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According to the text, what percent of companies used a mission statement sometime in the previous five years | show 🗑
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According to the text, business week reportsthat firms using mission statements have a ____% higher return on certain financial measures than those without such statements | show 🗑
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show | Exxon/Mobil focuses on oil and gas rather than energy
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Identifying and evaluating key social, political, economic, tech, and competitive trends and events comprise | show 🗑
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To perform an external audit, a company must | show 🗑
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In general, what happens to american goods in overseas markets when there is a strong dollar | show 🗑
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show | Europe
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show | competitive intelligence
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show | more important than
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show | the number and significance of markets that a firm competes in with rivals
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Intensity of competitions ________ in lower-return industries | show 🗑
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WHenever many new firms can easily enter a particular industry, the intensity of competition among firms tends to | show 🗑
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Who should perform an internal audit | show 🗑
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show | financial ratio analysis
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show | all of the above
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show | Functional
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show | customer profiling
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show | Strategic managmenet
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Which statement best describes intuition | show 🗑
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What step in the strategic development process involves mobilizing employees and managers to put strategies into action? | show 🗑
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Which is generally considered to be the first step in strategic planning | show 🗑
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Specific results and org seeks to achieve in pursuing is basic mission are | show 🗑
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show | is a continuous process
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What is not a pitfall an org should avoid in strategic planning | show 🗑
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principles of conduct that guide decision-making are known as | show 🗑
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Which of these basic questions should a vision statement answer | show 🗑
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What is the first step in the comprehensive strategic management model | show 🗑
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show | an annual financial plan
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In the process of developing a mission statement, it is important to involve | show 🗑
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All stakeholders | show 🗑
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When an industry relies heavily on gov contracts, which forecasts can be the most important part of an external audit? | show 🗑
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show | strategy formulation
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show | is highest
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Waht is usually the most important of teh five competitive forces | show 🗑
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show | high
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show | analyzing financial ratios
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which of the following industry forces is not one of Porter's five forces | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
hopekn