Multiple choice

Question 1  

One strategic responsibility of managers and employees at other levels throughout the organization is: 

A. strategy implementation. 

B. situation analysis. 

C. strategy formulation. 

D. developing the organization's vision. 

Question 2 

__________ is the determination of the broad uses to which organizational resources will be deployed and the resolution of conflicts among the myriad of participants in organizations. 

A. Vision 

B. Mission 

C. Corporate governance 

D. Goals 

Question 3  

The Sarbanes-Oxley Act 

02 is a U.S. federal law designed to protect investors by improving the accuracy and reliability of: 

A. the corporate vision. 

B. the corporate mission. 

C. corporate disclosures. 

D. the balanced scorecard. 

Question 4  

In addition to expanding the role of board members, the Sarbanes-Oxley Act 

02 also called for more disclosure and transparency of: 

A. the corporate vision. 

B. the corporate mission. 

C. financial information. 

D. the balanced scorecard.