It is a perspective of organizations that provides a useful framework for examining the relationship between an organization and its environment.

An organization interacts with its environment by taking contributions from it, processing them, then yielding back results into it. The organization therefore can be considered ______________

The forces that directly influence conditions of organizations but are not part of its internal make-up is cumulatively called as _________________________

An environment where an organization operates that is composed of important elements affecting people and processes such as the organization’s mission and vision statements, core values, core competencies, policies, leadership, culture, climate, structure, and resources.

An organization needs to survive in the midst of cutthroat competition and radical technological developments. Often, it comes up with a plan of attack referred to as a map to chart, a path to traverse, a plan to be executed, or an approach. What is this plan?

The short-term strategies often associated with various operational departments of an organization like the human resources, finance, marketing and production.

The statements considered as set of rules to guide the decisions and actions of the business organization are

In every business firm, there are essentials in the attainment of optimum productivity, which are considered the tool for the actualization of organizational plans and implementation of strategies. These are

In a firm where the structure has changed, and its operations is regrouped according to the relatedness of products and services they offer to their clients, each group of operation having a Research and Development, and an Engineering sections of its own, this new set-up is known as __________________.

If a firm operates nationwide and wants to saturate the entire nation, by separate jurisdictions for marketing focus according to specific grouping of cities and provinces, the type of organizational structure is

A firm that manufactures textiles used for women garments, for denim wear, for bed sheets, and for curtains has reorganized. The management wants to bring and sell their products to newer markets and chose an international strategy for marketing. Which structure is most appropriate?

When a firm improves that which it already possesses, acquires or attains in consonance with its strategic objectives, it is involved in

If consists of the knowledge, attitudes and skills expected of an individual to carry out tasks and duties within the firm.

If the business unit’s relative market share position against industry growth rate were plotted using a BCG matrix, and it is found to be in the third quadrant, what conclusion can you draw about the business unit’s performance?

Which strategy choice is common to business firms’ performances plotted in the first three quadrants of a BCG Matrix?

What is the strategic implication when with the use of a GE Model known as the IE Matrix, most of the strategic business units of are plotted within the lowest, left-most cell?

When you monitor the internal as well as external environment of an organization is known in order to detect as early as possible any changes within or outside the firm, you are actually involved with _______________. A. B. C. D.

18. In the implementation of strategies toward the attainment of a firm’s vision and mission, what tools and instruments can management adopt to help control the activities of all levels of organization and to assure that no deviations would occur in the performances and commitment of all departments?

Which type of strategic control categorized according to purpose is designed to check systematically and regularly whether the premise during the planning and implementation processes still stand?

When unusual events happen in the implementation of strategies and the organization must necessarily adapt essential modifications, it calls for a special type of strategic control to be adopted known as ____________________.

When in the execution of strategies, there are transitional activities that resulted to some misalignment, the implementer needs to review the causes of such occurrences and recommend policies to guide actions as well as to avoid more deviations in the future. This type of control is known as __________________.

23. Which of the following is NOT a type of strategic control ?

There are sequential, interactive, and feedback strategic control, but the feedback strategic control be accurately measured by _________________.

Which of the following performance metrics shows the firm’s ability to generate income against its costs of operation and other relevant expenses during a given period of accountability?

Which efficiency and productivity performance metrics can be taken from the ratio of expenses to the overall revenues of a firm in a given period?

Which of the following metrics is the appropriate liquidity measure to show the average period it takes a firm to pay its debts?

28. What is the best way performance can be explained in relation to strategic control?

Net profit over Sales turnover= Net Profit Margin:: Operating Income over Net Sales = ___________.

Receivables Collection Period= Receivables over Turnover :: Payables Period = ____________________________________.

31. Return on Capital Employed is the ratio of Net profit earned against the Capital Employed :: Marketing Return on Investment is the ratio of Net Marketing Contribution against the ________________

Which of the following are NOT among the market performance metrics?

Efficiency: essentially measurable ; _______________ : fundamentally qualitative and descriptive.

35. Strategy and Structure: _________________________; Competitive strategy : Michael Porter

“Companies should manage the future from the past but should manage the present from the future” is popularized by.

41. The statement “Strategies stem from creative minds and not from rote memory” was originally uttered by this person.

He was known as the “Tiger Woods of Management”.

Which of the following pertains to improving, enhancing, and enriching that which is currently existing?

Which strategy tool illustrates the four perspectives in performance measurement such as the financial indicators, customer variables, internal processes, and the learning and growth in the organization?

Which perspective considers a person’s best response to the strategies chosen by others in terms of maximum payoff?

Which perspective of strategy views situations as continually evolving because of variables of growth and change, but enduring principles are still applicable to these evolving scenarios?

According to the military perspective of Musashi Miyamoto, the “real essence of present-day strategies is…

Which part of an organization is likened to a battlefield?

How can intellectual capital be applicably defined in strategy?

It is a condition that is exhibited when the average cost for producing a unit of a product is declining due to an increase in volume of production.

Most domestic corporations would opt for an alternative to vertical integration by finding another entity here in the country or abroad which would willingly collaborate on a project especially in construction of roads and bridges so that resources from both entities could be shared to meet a deadline. Which of the following alternative strategies is this?

Which of the following is the common practice among firms where no written agreement exists, yet both try to maintain and keep up with each firm’s expectations?

For manufacturing endeavors, there is an optimum level or volume of production where economies of scale are attained. How can economies of scale be determined?

60. Among the national macro-policies, which one is eternally touching two specific economic variables of the country that are too intricately looped namely the prices of commodities and wage scales of the workforce?