Crowdly

Add to Chrome

Universities
elearn.nubip.edu.ua
Strategic Management ☑️

Strategic Management ☑️

Looking for Strategic Management ☑️ test answers and solutions? Browse our comprehensive collection of verified answers for Strategic Management ☑️ at elearn.nubip.edu.ua.

Get instant access to accurate answers and detailed explanations for your course questions. Our community-driven platform helps students succeed!

The modern concept of the management process as a cycle of sequential performance of management functions (planning, organizing, motivating, controlling) defines decision-making (and communication) as a process-forming function, which links management cyclesinto a single process.

Match key elements of the strategy:

cover the mission, general organizational and specific objectives

a system of specific actions for implementing the adopted policy, are designed to solve the problem of resource allocation

a set of specific rules for organizational actions aimed at achieving set objectives

View this question

Select internal factors from the following list:

owners and shareholders

✅

board of directors

✅

resources of the organization

✅

employees

✅

organizational culture

✅

View this question

Match types of control:

Concerned about the progress and direction of the strategy. It only focuses on the correct and effective implementation of the chosen strategy. Managers belonging to the top-level exercise strategic control. It especially focuses on the external environment.

Efficient use of organizational resources. The major focus is on the routines and operations necessary to achieve organizational goals. Managers at the functional level perform it. Managers use it to control the internal environment only

View this question

Match strategic management types:

means putting strategies into practice when needed. Both methods of strategic management employ management theory and practices

means developing strategies in advance of an organizational issue

View this question

Strategic analysis performs the following functions:

analytical

descriptive

explanatory

predictive

What goal-setting framework for organization do the following pros and cons describe:

Pros

Broad in scope

Highly motivating

Encourages innovation

Cons

Not always achievable

Doesn’t specify strategy

MBOs (management by objectives)

❌

KRAs (key results areas)

❌

SMART (specific, measurable, achievable, relevant, time-bound)

❌

BHAGs (big hairy audacious goals)

✅

OKRs (objectives and key results)

❌

View this question

Select the rerequisites for strategic decision-making in the process of enterprise management:

anticipation of changes

100%

extrapolation

control over the implementation of tasks

View this question

Key characteristics of operational planning are: reactivity: general goals; lack of common strategy; simplicity and elementary nature; informing participants; short-term (up to 1year).

Select approaches to defining strategy:

strategy as an abstract norm of activity, abstracted in content but focused on the processes of achieving goals

✅

the identification of strategy and strategic action plan

✅

strategy as a process aimed at developing and implementing a strategy for the development of the environment, as well as adapting to these changes

✅

View this question