In performing the strategic evaluation activities, strategic leaders and managers must take into consideration certain key characteristics to determine an effective strategy evaluation system (David, 2007).  Which of the following is NOT one of the key characteristics?    a.    Accuracy in relation to adequate feedback.    b.    Evolution to re-start.    c.     Timely feedback for decision making.    d.     Meaningful to understand that strategy has a short-term and long-term focus. Select one: a. a b. b c. c d. d

39. Which of the following tasks you should give to a marketing department in termsof strategy implementation?Select one:a. Helps the organization to look for capital because new strategy often needs à capitalb. Provides data on how the organization should pursue a strategyc. Look for ways on how organization can quickly receive a return of investment for their strategyd. Look for affordable raw materials for their new product to be developed or improved

1. Michel porter generic strategies facilitate firm to decide how to compete in a particular market place. Explain the three possible competitive strategies available for firms to compete in a particular industry or a market. 2. Explain the concept of strategic group analysis illustrating using a practical example.

Answer quickly

A local government agency is in the process of formulating a strategic plan. If they were conducting a SWOT analysis, which of the following would be an example of a weakness?   a. The agency lacks the support of the public.  b. The agency's budget is being reduced by the city council. c. The agency lacks up-to-date equipment. d. There are political pressures to consolidate the agency. e. All of the above are weaknesses, as defined in a SWOT analysis.

Q1(a). Develop a SWOT Analysis of your organization. (aviation industry) Q1(b).  Indicate how each of the strengths listed can be used to gain and/or maintain the organization’s competitive advantage.

A manager has a clear knowledge of where the company needs to be at the end of the coming year and is in the process of identifying the goals that would lead the company to that desired position. Which stage of the strategic management process is being illustrated? A. Formulation B. Objectives C. Evaluation D. Implementation

External assessment is performed in which of the strategic management phase? a. Strategy formulation stage b. Strategy implementation stage c. Strategy evaluation stage d. All of the given options

38- Sales-strategy types and relationship types do not always perfectly match up. However, Mr. Musa is worried that his competitor will gain more market share than his company. Which one of the following options can you suggest for Mr. Musa? a. Use the consultative selling and he will gain more market share then competitor b. Understand that different strategies might be more appropriate at different times c. Use strategic partnership for a better market share d. Use script-based selling strategy to get more market share then competitor

Which one of the following statements is true of competitive intelligence as a means of environmental scanning? Select one: a. Competitive intelligence is ethical if competitor-related information is collected from sources accessible and available to the public. b. traditional planning c. Buying competitors' products and asking their own employees to evaluate them to learn about new technical innovations is an example of the unethical practices followed in competitive intelligence. d. It is unethical to use competitive intelligence to make strategic business decisions.