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MGT103 - Quiz 2 Questions And Answers
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MGT103 - Quiz 2 Questions And Answers The primary distinction between strategy formulation and strategy implementation is along the lines of _____ versus ______: The formulation stage determines what the strategy is, and the implementation stage focuses on how the strategy is achieved. A. eff...

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  • October 23, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • mgt103 quiz 2 questions and answers

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  • MGT 103
  • MGT 103

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MGT103 - Quiz 2 Questions And Answers

The primary distinction between strategy formulation and strategy implementation is along the

lines of _____ versus ______: The formulation stage determines what the strategy is, and the

implementation stage focuses on how the strategy is achieved.

A. efficiency; effectiveness

B.mission; vision

C.content; process


D.strategy; tactic C




__________ are to battles what strategy is to a war: an organized sequence of steps designed to

execute strategic plans.

A. Operational plans

B.Sequential plans

C.Tactical plans


D.Organizational plans C




During the _________ stage, overall demand growth for a product begins to slow down, and the

number of new firms producing the product begins to decline.

A.maturity

, MGT103 - Quiz 2 Questions And Answers
B.decline

C.introduction


D.growth A




The BCG matrix suggests that organizations should invest carefully in _________. If their

performance does not live up to expectations, they should be reclassified as _______ and

divested.

A.stars; cash cows

B.question marks; dogs

C.cash cows; dogs


D.dogs; question marks B




Strategy _________ is the set of processes involved in creating or determining the organization's

strategies.

A.evaluation

B.implementation

C.execution


D.formulation D

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