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1. What is a characteristic of a person with an entrepreneurial personality? Choose 1 answer
A) Opportunity tolerance
B) Laissez-faire
C) Employeeempowerment
D) Motivation to excel
2. What is the purpose of the control process? Choose 1 answer
A) To deliver strategic value by fostering communication throughout the organization
B) To develop market saturation for the company's product
C) To direct the activities of individuals toward achievement of organizational goals
D) To build a dynamic organization at all levels within the company
3. What is evident when a company does something especially well in comparison to its competitors? Choose 1 answer
A) Core capabilities
B) Strategic liaisons
C) Urban location
D) Competitive objectives
4. What is the main focus of SWOT analysis? Choose 1 answer
A) Establishing a factory's production rate and quality standards
B) Determining a company's corporate structure and management style
C) Developing a business's mission and vision statements
D) Uncovering an organization's strengths and weaknesses
5. The director of human resources for a start-up company is reviewing staffing needs and has discovered a labor deficit. How can the director use strategic human resource planning in this situation? Choose 1 answer
A) Reconcile employee supply and demand
B) Implement employee conflict resolution system
C) Plan to reduce turnover through nonfinancial rewards
D) Establish strategic goals for improvement of manufacturing performance
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A |
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