Quiz No. 1 Strategic Management
Assessment
•
Kristy Bastasa
•
Business
•
1st Grade - University
•
7 plays
•
Medium
Student preview
20 questions
Show answers
1.
Multiple Choice
An EFE Matrix allows strategists to summarize external factors that might affect organization. EFE stands for ________?
External Forces Evaluation
External Factor Evaluation
2.
Multiple Choice
The CPM matrix identifies both the internal and external factors of an organization as the critical success factors. CPM stands for________?
Competitor Profile Matrix
Competitive Profile Matrix
3.
Multiple Choice
___________ is a declaration of attitude and outlook.
Vision
Mission
4.
Multiple Choice
A component of a mission statement which considers the basic beliefs, values, aspirations, and ethical priorities of the organization.
Concern for public image
Concern for employees
Philosophy
Customers
5.
Multiple Choice
The vision statement should be established first and foremost rather than a mission statement.
True
False
6.
Multiple Choice
A mission statement is sometimes called a creed statement.
True
False
Explore this activity with a free account
Find a similar activity
Create activity tailored to your needs using
Strategic Management BBA
•
strategic management unit1
•
Strategic Management Quiz 1
•
Strategic Management Quiz
•
Strategic Management Revision 1
•
STRATEGIC MANAGEMENT PROCESS
•
Strategic Management
•
Strategic Management Quiz
•