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5 Written questions

5 Matching questions

  1. Financial Managers
  2. Operational Plans
  3. Planning
  4. Intermediate Goals
  5. SWOT Analysis
  1. a Identification and analysis or organizational strengths and weaknesses and environmental opportunities and threats as part of strategy formulation
  2. b Plan and oversee its accounting functions and financial resources
  3. c Management process of determining what an organization needs to do and how best to get it done
  4. d Goal set for a period of one to five years into the future
  5. e Developed by mid-level and lower-level mangers, set short-term targets for daily, weekly, or monthly performance

5 Multiple choice questions

  1. Strategy at the business-unit or product-line level focusing on improving a firm's competitive position
  2. Process of better understand a company's strengths and weaknesses
  3. Are responsible for a firm's overall performance and effectiveness
  4. Operate the systems used for getting, organizing, and distributing information
  5. Shared experiences, stories, beliefs, and norms that characterize an organization

5 True/False questions

  1. Contingency PlanningProcess of monitoring a firm's performance to make sure that it is meeting its goals


  2. Three Main Components of Planning1. Determine goals 2. Develop a comprehensive strategy for achieving those goals 3. Design tactical and operational plans for implementing the strategy


  3. Functional StrategyStrategy at the business-unit or product-line level focusing on improving a firm's competitive position


  4. Corporate StrategyStrategy for determining a firm's overall attitude toward growth and the way it will manage its businesses or product lines


  5. Technical SkillsPeople's ability to think in the abstract, to diagnose and analyze different situations, and to see beyond the present situation


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