
Strategic Control Mechanism
Quiz by Prof Brenda Corcino
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17 questions
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- Q1A ________________ is referred to as a map, a path to traverse, a plan to be executed, an approach or a line of attack.GoalTacticPolicyStrategy30s
- Q2It involves improving that which a firm already possesses, acquires or attains.ReinventionStrategic EnhancementInnovationDifferentiation30s
- Q3The knowledge, attitudes and skills expected of an individual in carrying out his tasks.StrategyAssetsCompetencyAdvantages30s
- Q4It is essential in the attainment of optimum productivity and a necessary tool for the actualization of organizational plans and implementation of strategies.StructureAssetsStrategiesCompetency30s
- Q5The process of monitoring the internal as well as external environment of an organization is known as ________________.Strategic EvaluationStrategic ImplementationStrategic ControlStrategic Monitoring30s
- Q6Which 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?Vigilance ControlStrategic SurveillanceImplementation ControlPresupposition Control30s
- Q7When unusual events happen in the implementation of strategies and the organization must necessarily adapt essential modifications, the special type of strategic control to be adopted is ____________________.Implementation ControlInteractive Strategic ControlStrategic SurveillanceVigilance control30s
- Q8In the process of strategy execution, some activities may result to a misalignment so that, the implementer must review the causes of such occurrences and recommend policies to guide actions and avoid more deviations. This type of control is __________________.Sequential strategic ControlImplementation ControlStrategic SurveillanceInteractive Strategic Control30s
- Q9When a traditional approach in strategic monitoring fails to render benefit but constricts and slows down chances of introducing necessary strategy modifications , which of the following is the next best option for the policy makers of the said firm?Stay with the current approachAdopt monitoring system where broad spectrum of occurrences inside and outside the firm can be shadowed, observed and scrutinizedto apply new approach but same strategyAdopt new approach that considers a number of possibilities, and is flexible enough to promptly improvise in order to minimize critical “time-leaks”45s
- Q10Which of the following is NOT a type of strategic control from the viewpoint of implementation approach?Sequential strategic controlInteractive strategic controlStrategic surveillanceFeedback strategic control30s
- Q11How shall the feedback strategic control be accurately measured?By resources utilizedBy performanceBy objectivesBy results30s
- Q12Which performance metrics show the firm’s ability to generate income against its costs of operation and other relevant expenses during a given period ?Liquidity measuresInvestor’s measuresGearing measuresProfitability measures30s
- Q13Which efficiency and productivity performance metrics can be taken from the ratio of expenses to the overall revenues of a firm in a given period?Current ratioGearing ratioEfficiency ratioAsset turnover30s
- Q14Which of the following metrics is the appropriate liquidity measure to show the average period it takes a firm to pay its debts?Receivables periodPayables PeriodInventory holding periodCurrent ratio30s
- Q15Which of the following are NOT among the market performance metrics?Marketing return on salesDefect Resolution ageMarket growth rateCustomer retention30s