Pinpoint the strengths and weaknesses of the organization

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Reference no: EM132161298

1. ______ are individuals responsible for making sure employees are trained to be ethically aware and that ethical considerations enter the business decision making process.

2. T/F The development of a strategic plan requires detailed information gathering and analysis, and must be developed to match the desires of the leadership team responsible for the plan

3. _____ is the set of values, norms, and standards that control how employees work to achieve an organization’s mission and goals.

4. To establish the guiding principles for strategic decision making includes the following main elements:

a. The Mission

b. The Vision

c. Values

d. Strategy

e. A, B and C

5. T/F A strategy is a set of actions that managers take to decrease their company’s performance relative to rivals.

6. The formal strategic planning process does not include which of the following:

a. Analyze the external competitive environment to identify strategic opportunities and threats in the operating environment

b. Select the corporate mission statement and major goals

c. Implement the strategy at every level of the company

d. Analyze the internal competitive environment to pinpoint the strengths and weaknesses of the organization

e. Perform a test pilot for the organization.

7. The formal planning model does not consider:

a. The unpredictability of the real world

b. The role of lower-level managers

c. That success is often unplanned or serendipitous

d. All of the above.

Reference no: EM132161298

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