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BUS 490 week 2 Quiz Updated

  • BUS 490 week 2 Quiz Updated
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BUS 490 week 2 Quiz Updated
 
Question 1
 
   
  The strategic-management process
 
Question 2
 
   
  The goal of strategic management is to
 
Question 3
 
   
  A strong ________ heritage underlies the study of strategic management.
 
Question 4
 
   
  The one factor that has most significantly impacted the nature and core of buying and selling in nearly all industries has been
 
Question 5
 
   
  Superior strategy formulation and implementation ________ an opponent's superiority in numbers and resources.
 
Question 6
 
  What are enduring statements of purpose that distinguish one business from other similar firms?
 
Question 7
 
   
  The Internet has transferred power from ________ to ________.
 
 
Question 8
 
   
  The first step in strategic planning is generally
 
Question 9
 
   
  Which phase of strategic management is called the action phase?
 
 
Question 10
 
   
  Internal ________ are activities in an organization that are performed especially well.
 
 
Question 11
 
   
  What can be defined as the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives?
 
 
Question 12
 
   
  What are guides to decision making?
 
 
 
Question 13
 
   
  Anything that a firm does especially well compared to rival firms is referred to as
 
 
Question 14
 
   
  How do line managers become "owners" of the strategy?
 
 
Question 15
 
   
  Which individuals are most responsible for the success and failure of an organization?

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