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quiz_week_4.docx

. Emergent strategies affect all planned strategies. (Points : 1)

       True        False

Question 2. 2. Doing research and collecting data on a number of external and internal environmental categories—and then sharing that information—improves the quality of the strategic decisions made. (Points : 1)

       True        False

Question 3. 3. Strategic planning is useful only when a company has competitors and doesn’t know what to do. (Points : 1)

       True        False

Question 4. 4. Which of the following is not a criterion when choosing the best bundle? (Points : 1)

       Shareholder value        Selling price of product        Revenue growth        ROI        Degree of risk

Question 5. 5. Which of the following makes strategy execution easy? (Points : 1)

       Poor employee buy-in        Inadequate resource allocation        Lack of executive will        An adaptive culture        Poorly articulated operational plans

Question 6. 6. Only managers have enough information to do operational and budget planning. (Points : 1)

       True        False

Question 7. 7. Which of the following is a criterion for creating bundles? (Points : 1)

       They must not include different strategies        They must be feasible        They must invest in other industries        They must diversify through acquisition        None of the above

Question 8. 8. The three benefits under “Think” (shared understanding of external changes, ability to anticipate future external changes, and ability to search for a better strategy or business model) are independent of each other. (Points : 1)

       True        False

Question 9. 9. The performance of any system is the sum of the performance of its parts considered separately. (Points : 1)

       True        False

Question 10. 10. Which is not a source of funds for a company to finance a bundle? (Points : 1)

       Cash on hand and from operations        Selling stock if a public company or getting an equity investment        Retained earnings        Adding new long-term debt        Selling fixed assets

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