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MGT498 Phoenix Module 3 Strategic Management Quiz

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Module 3 Exam QUESTION 1 1. ________ are quantitative criteria commonly used to evaluate strategies. Cash budgets Balanced Scorecards Present value strategic analyses Financial ratios Capital Asset Pricing Models 2 points QUESTION 2 1. With regard to the visible or hidden issue, most executives agree that some strategic information should remain confidential to top managers. a company has gone too far when it takes steps to ensure that strategic information is not disseminated beyond "the inner circle." keeping strategies secret from employees and stakeholder will likely improve communication, understanding, and commitment. the SEC should regulate whether or not companies make their strategic information visible. the potential benefit of improved employee and stakeholder motivation and input is not worth the risk of rival firms easily knowing and exploiting a firm's strategies. 2 points QUESTION 3 1. With the passage of time strategy evaluation is becoming much simpler. an unnecessary activity. very convenient. increasingly difficult. less important. 2 points QUESTION 4 1. ________ organizations require more elaborate and detailed strategy-evaluation systems than ________ ones, because it is more difficult to coordinate efforts among different divisions and functional areas. For-profit; non-profit Small; large Non-profit; for-profit Foreign; domestic Large; small 2 points QUESTION 5 1. What has been shown to permit quick response to change, prevent panic in crisis ...
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