Which of the following is NOT a characteristic of strategic management that makes it different from other types of management?
A. It is interdisciplinary.
B. It has an external focus.
C. It has an internal focus.
D. It concerns the present direction of the organization.
Question 2
The basic activities of strategic management include:
A. offense, defense, and control.
B. situation analysis, strategy formulation, strategy implementation, and strategy evaluation.
C. development, control, and management.
D. ethics, management, and practice.
Question 3
An organization's strategies should be designed so that they incorporate:
A. opportunities and threats.
B. resources and capabilities.
C. only traditional values of past organizations.
D. opportunities, threats, resources, and capabilities.
Question 4
Situation analysis involves the process of:
A. designing and choosing appropriate organizational strategies.
B. analyzing the current environment of the organization.
C. analyzing the external environment only.
D. evaluating the internal aspects of the organization.
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