Question 1

When looking at the strategy and strategic planning, it is necessary to; a.) be clear about the target group, community, industry, area, and resource base; b.) think of the past reality by analysing the performances in the past or what factors led the organization to be in the present reality; c.) compare the present reality vs plan; d.) asses the probable future given the present reality.

Accepted Answer

All the statements are correct.

Answer

Statements a, b, and c are correct.

Answer

Statements a, c, and d are correct.

Answer

Statements b, c, and d are correct.

Question 2

The gaps present in strategic planning are the internal and external factors.

Accepted Answer

True

Answer

False

Question 3

Which of the following is NOT true when developing a theory of change?

Accepted Answer

Developing a theory of change at the project level; the upper part of the theory of change should be logically clear and fully elaborated; using of the theory of change during project implantation to plan, navigate strategically, monitor, and learn; planning in uncertain times have short planning horizon.

Answer

Developing a theory of change at project level; theory of change is relevant when no specific higher level toc thinking is available; using of theory of change during project implantation to plan, navigate strategically, monitor, and learn; planning in uncertain times have short planning horizon.

Answer

None of the above.

Answer

Clarifying the purpose; describing the desired change; the lower part pf the theory of change should be logically clear and fully elaborated; identifying domains of change; defining monitoring, evaluating, and learning priorities and process.

Question 4

When mapping the pathways of change, work backward from the long-term desired change to see what needs to be changed.

Accepted Answer

True

Answer

False

Question 5

Strategic Finance is the analysis of alternative long-range strategic plans in which integrated financial statements are used as the basis of measurement and the analysis is rooted in cash flow and can be extended to discounted cash flow measures.

Accepted Answer

True

Answer

False

Question 6

The three phases in Strategy Management are Formulation; Implementation; and Evaluation of the Strategy.

Accepted Answer

True

Answer

False

Question 7

Choose which of the following is NOT part of the correct definition of Strategy under Contemporary, Corporate, and Governance.

Accepted Answer

None of the above.

Answer

The contemporary definition of strategy involves the search for the optimum relationship between political ends and the means available obtaining them; The corporate definition of strategy is about making choices and using choices and interrelationship of these choices that will create you a competitive position; The governance definition of strategy is traditions and institutions by which authority in a country is exercised from the common good and relationship of those who are in the authority and constituents.

Answer

The contemporary definition of strategy involves the search for the optimum relationship between political ends and the means available obtaining them; The corporate definition of strategy is about search for a favourable competitive position in an industry the fundamental area in which competition occurs; The governance definition of strategy is traditions and institutions by which authority in a country is exercised from the common good and relationship of those who are in the authority and constituents.

Answer

The contemporary definition of strategy involves the search for the optimum relationship between political ends and the means available obtaining them; The corporate definition of strategy is about how you position yourself within the industry to generate competitive advantage; The governance definition of strategy is traditions and institutions by which authority in a country is exercised from the common good and relationship of those who are in the authority and constituents.

Question 8

Which of the following is NOT true?

Accepted Answer

Clarity regarding individual roles and requirements in supporting the strategic goals and the extent to which these have been effectively cascaded and interlinked across the organization.

Answer

The goal in strategy management is to look at the long term onjectives and making sure that the organization is being able to react to the external and internal environment while implementing strategy.

Answer

Strategy management can be defined as continuous, iterative, and systematic approach in formulating and implementing and evaluating a strategy to attain the organization’s objectives.

Answer

Strategy management is what strategy execution and strategy formulation glues together or aligns the organization to its vision.

Question 9

Which of the following is NOT true about the strategic alignment?

Accepted Answer

The horizontal line is composed of customers and human capital.

Answer

The vertical line in strategic alignment includes the strategy and people.

Answer

Clear, timely feedback on goal attainment and the drivers of those goals and 
Meaningful incentives to encourage employees to develop or deploys sufficient capabilities to achieve goals is one of the drivers of effective strategic alignment.

Answer

None of the above.

Question 10

The primary focal point of any strategy is the attainment of the organization’s objectives or the realization of the desires end-state.

Accepted Answer

True

Answer

False

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