Instruction:
1. First try your hands on by answering ALL questions for the objectives
2. Click the Submit Button to see how you performed and the correct answers.
1. The strategic management process has ……………..phases.
2. Which of the following activities is not part of strategy formulation?
3. Michael Porter identified…………forces of competition.
4. The extent to which only a few leading firms dominate industry sales is
5. Intangible exit barriers does not include
6. The use of bio-computers and lasers are examples of ..............environment.
7. The availability of credit and the level of disposable income are factors in the ...........environment.
8. Social responsibility is part of a firm's.......
9. A board which never knows what to do, if anything, no degree of involvement is .....
10. The type of approach used by older organizations that need to change their mission is .....
11. The component of mission statement that deals with a firm's major strengths and competitive advantage is
12. An organizational objective which is expressed in terms of changes to be made and projects to be taken is
13. Organizational mission covering basic beliefs, values and aspirations depicts organizational....
14. Payment of taxes and implementation of health and safety standards are examples of obligations of business to the ....
15. The regulatory agency in Ghana to enforce laws and guidelines regarding business practices and to take action to stop false and deceptive advertising labelling is
16. Managers who determine how a firm will compete in selected product-market are at the .......level.
17. A statement which describes an oragnization's purpose, customers, products or services and markets is its....
18. A target that an organization is attempting to reach is
19. Board of Directors are not responsible for
20. A description of what an organization is capable of becoming is....
