CERTIFIED CONCEPT/COMPREHENSIVE
QUESTIONS AND CORRECT ANSWERS [MOST
EXAMINED QUESTIONS] GET IT 100% RIGHT
GRADED A+
An organization's _____ is a statement of its
fundamental, unique purpose that sets a business apart
from other firms of its type and identifies the scope of
the business's operations in product and market terms.
a. mission
b. statement of qualification
c. article of incorporation
d. operational goal
e. tactical plan - (correct answer) A
Nutrimax Inc. identifies its purpose as "to produce the
finest cookies in the world while upholding our principles
,of promoting good health and maintaining
environmental sustainability." This purpose is most likely
to be the _____ of Nutrimax.
a. strategic goal
b. distinctive competence
c. mission statement
d. operational goal
e. tactical goal - (correct answer) C
WexAll Industries has seen demand for its RB37
decrease. In addition, both the number of other
companies producing a similar product and total sales of
the RB37 have dropped. The RB37 is most likely in the
_____ stage of the product life cycle.
a. growth
b. post-prime
c. introduction
d. maturity
e. decline - (correct answer) E
,Which of the following statements is true about strategic
goals?
a. They are set by an organization's middle managers.
b. They are set by first-line managers.
c. They provide plans for the day-to-day operations of an
organization.
d. They focus on broad and general issues.
e. Their focus is on short-term issues. - (correct answer)
D
Strategic goals are set by
a. first-line managers.
b. middle managers.
c. top managers.
d. stockholders.
e. consumers. - (correct answer) C
Goals set for and by line-managers are called _____
goals.
a. strategic
, b. tactical
c. developmental
d. organizational
e. operational - (correct answer) E
Samantha is responsible for building the day-to-day work
schedules for her subordinates. She assigns specific tasks
to her subordinates and designs activities according to
the objectives that she receives from her seniors.
Samantha works on _____ goals.
a. operational
b. organizational
c. strategic
d. divestiture
e. tactical - (correct answer) A
Which of the following statements is true about tactical
goals?
a. Their focus is on how to operationalize actions
necessary to achieve strategic goals.
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