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Why is it important to set financial objectives?   a. To overtake key competitors on such important measures as net profit margins and return on investment.   b. Without adequate profitability and financial strength, the company's ultimate survival is jeopardized.   c. To convince shareholders that top management is acting in their interests.   d. To translate the company's business model into action items.   e. To indicate to employees that financial objectives always take precedence over strategic objectives.   Companies set strategic objectives:   a. to achieve a company's strategic vision.   b. because they are more difficult to achieve and harder to measure than financial objectives.   c. to target outcomes that indicate a company is strengthening its market standing, competitive position, and future business prospects.   d. to help managers track an organization's true progress better than financial objectives.   e. to indicate to employees that strategic objectives always take…

A business plan or pitch should be used as a tool for: a. Planning the required steps for the company to bring its product to market and become financially viable b. Declaring and monitoring important goals, according to a specific timetable c. Framing and guiding communications, both internally and externally d. All of the above

Good strategy aligned with good strategy execution:   Group of answer choices A,.is a more important management function than forming a strategic vision and mission.   B. is the clearest indicator of overall good management.   C.offers a surefire guarantee for avoiding weak financial performance.   D.is the best sign that a company has one true leader.

A strategy is derived from a. Method b. Policy c. Objectives d. Rule

1.Which of the following statements is incorrect about risk and risk management? a.Risk can be classified as either an opportunity or a threat. b.A risk management system can only be as good as the people manning it. c.Risk management should be performed by management accountants only. d.The risk management philosophy must be embedded in the company’s structure and culture.   2.Which of the following is not considered as a key to a successful strategic risk management? a.Top management support b.Covering all known risks in the existing risk management activities c.Updating and educating the board and top management d.Leverage existing resources   3.Which of the following is not considered as a limitation of strategic risk management? a.It requires specialized skills and capabilities in strategy and risk management b.It requires working beyond the silos in risk management c.It requires updating and educating the board and top management d. Strategy, risk assessment, and risk management…

When calculating the marketing ROI, a.it is relatively straight forward to estimate the profit from as well as the investment that goes into a marketing initiative since marketing initiatives are not very complicated. b.it is easy to estimate the profit from a marketing initiative but difficult to estimate the investment that goes into it. c.it is difficult to estimate the profit from as well as the investment that goes into a marketing initiative. d.it is difficult to estimate the profit from a marketing initiative but easy to estimate the investment that goes into it.   Which one?

Which of the following is a crucial aspect of strategic planning?a. It is a broad concept that consists of business and corporate strategy.b. It is an overall concept that consists of strategy formulation and implementation.c. It is a broad concept that consists of environmental and internal analysis.d. It is a general concept that consists of business inputs and outputs.

A strategy is   A. the purpose for which an organization is established.   B. a functional area of the firm.   C. an action plan to achieve a mission.   D. established prior to establishing a mission.

The second factor influencing investment planning decisions is__O. a.Managing the client's goals for investments O. b.Managing the client's expectations O. c.Matching the portfolio to the client's goals O. d.Developing realistic assumptions

Directions: Complete the statements below and write your answers on the space provided. 1. talks about human labor force involved in the manufacture of products. It is measured as the most serious and main factor of production. 2. is about raw materials necessary in the production of a product. 3. discusses the process or way of transforming raw materials to finished products. 4. The purpose of a customers with details around the features and benefits of the is to provide product so they're obliged to buy. 5. A duplication of a product as it will be produced, which may contain such details as color, graphics, packaging and directions.

The Value Proposition Canvas ... Select one: a. is a way to represent the business model of a firm. b. is a way to explain how the different activities contribute the value delivered in the product or service. c. explains how value is created for the customer, showing how the customer needs are matched with the value proposition. O d. shows how revenues and costs are combined to make money.

The goal of the firm be defined as a Select one: O a. Target against which its cost can be measured O b. None of the options O c. Target against which its sales can be measured O d. Target against which its performance can be measured O e. Target against which its plans can be measured

A flexible budget: a. is another name for management by exception b. provides favorable operating results c. is based on the budgeted level of output d. is developed at the end of the period Clear my choice

Which of the following is NOT true about policies.. Select one : a .  Policies are made at different levels of the organization b .  Policies can be written and circulated or spread by wordofmouth c .  Policies contain rules and standard operating procedures d .  Policies are a set of permanent directives and rules of action that guide an organization

16. A Strategic Plan is likely to contain Vision Training Targets Monthly targets O High Level Targets 17. Planning is pervasive; it implies that: The managers at lower levels have to plan within the framework of several rules and procedures Planning is the basic requirement of all managerial functions The plan must aim at achieving certain objectives Planning is such a function which is present at all levels of management

For Sales teams the CRM suite...    a Tracks opportunities; assigns, manages, and converts leads   b. Does Campaign management   C. Does revenue management and profitability   d. Hires the right sales teams:

What type of information system would help a business to gain a strategic advantage over its competitors? a.Executive management system. b.Knowledge management system. c.Management information system. d.Strategic information system.   What kind of information is gathered from a valid and trusted source and can be depended upon to be correct? a.Information that is reliable. b.Information that is timely. c.Information that is accurate. d.Information that is valid.

1. sets out the purpose and general direction for the organization? A. Vision B. Purpose statement C. Mission statement D. Profit statement 2. Which of the following would most effectively act as the primary objective of a business organization? A. To communicate with shareholders. B. To make a profit. C. To mediate between the organization and the environment. D. All of the above. 3. What is the purpose of a balanced scorecard? A. To relate business performance to financial measures. B. To measure contribution of people to business growth. C. To relate business performance to customer satisfaction. D. To combine a range of qualitative and quantitative indicators of performance. 4. Which of the following does the term Corporate Social Responsibility relate to? A. Environmental practice. B. Ethical conduct. C. Human rights and employee relations. D. All of the above. 5. Who are organizational stakeholders? A. Employees B. Government C. Customers D. All of the above. 6. What is Ethics to…

Which of the following could be associated with the Strength element of a S.W,O.T. analysis? The "genetic drug segment" of the A pharamaceutical industry is growing. B Your sales force is young and inexperienced. You have very little debt and lots of free C cash flow. The technology you supply to the computer manufacturing indutry is outdated.

Which of the following statements about organizational missions is FALSE? a. They indicate what a company tends to contribute to society b. They define a company’s reason for existence c. They are formulated after strategies are known d. They reflect a company’s purpose e. They provide guidance for functional area missions

Access to different levels of an information system should first be established through a user's a.Authorization b.Definition c.Identification d.Status   2.Predicting the future of the organization and its environment and matching thecharacteristics of the organization to the environment is associated with which decision-making level? a.Knowledge b.Operational c.Strategic d.Tactic 3.An analytics dashboard report for the next meeting was saved in Microsoft Excel 2013.However, the secretary has Microsoft Excel 2010 on her computer system. The only Excelversion that can easily open this analytics dashboard report is a.2003 b.2007 c.2010 d.201 3.A manager urgently requested information on a customer's payment status. The followinginformation was received: Customer First Name: Jonathan Customer Last Name:? Amount Due:? Amount Paid: $1,500.00 Last Payment Date: July 15, 2016 Date of Request: September 22, 2016 Date Returned: December 6, 2016 4.Which characteristics of information…

The meaning of developing derivative plans is to a. prepare rules to support the planning function O b. prepare policies to implement the plan O. all the options are correct d. prepare procedures to execute the plan

59) Which of the following statements about hotel revenue management is FALSE? A. Most tactical-level reyenue management actions can be controlled with a simple spreadsheet designed by those who use it every day. B. Revenue management is new, as are all of the strategies that are employed to maximize profit. C. Most hotels have multi-tiered rate structures that they adjust based on key revenue management variables D. The hotel industry recognizes revenue management as one of the core competencies vital to profitability.

Which of the following statements concerning the shareholder wealth maximization model is (are) true? O a. The model provides a conceptual basis for evaluating differential levels of risk. O b. The model is only vali for dividend-paying firms. O c. The timing of future profits is explicitly considered. O d. a and b. e. a, b, and c

The motto "Quality is job one" used by Ford Motor Co. in the 1980's is an example of   a. a very simple mission statement.   b. a quality-based strategy.   c. an advertising tactic.   d. all of the above.   e. b and c only.

TRUE or FALSE: Write T if the statement is correct; and F if the statement is false on the space provided before each number: _1. Negotiation with retailers is a pull promotional strategy where retailers are persuaded to sell a product to the end consumer. _2. Marketing control involves outlining the action plan of the company. _3. Distribution channels determine where and when the product will be available to customers and end consumers. _4. Survival pricing becomes the main pricing objective of companies when they are in deep competition with others. 5. Brand awareness is considered in establishing performance standards while product feature recall is not. _6. Failure to meet demand is indicated by insufficient supply of the product and inability to deliver a service. _7. Once a plan is implemented, it is also necessary to monitor if the objectives of the company have been met.