Scribd Logo
Upload

Welcome to Scribd!

  • 607 views

    Prelim Exam in Business 1

    Uploaded by

    Chomper Babybrown
    1. The document discusses concepts related to strategic management such as strategy formulation, globalization, competitive strategies, situation analysis, corporate strategy, strategy implementation, and the strategic management process. 2. Key points addressed include that strategy formulation involves scanning the external environment, globalization is not the same as nationalization, competitive strategies deal with establishing competitive strength against competitors, and situation analysis provides information for the vision and mission statements. 3. The document also contains true/false questions testing understanding of concepts like strategic management involving appraising company performance, customers having more power through internet access, operational strategies being long-term, and the internet expanding corporate boundaries.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Prelim Exam in Business 1

    Uploaded by

    Chomper Babybrown
    607 views2 pages
    1. The document discusses concepts related to strategic management such as strategy formulation, globalization, competitive strategies, situation analysis, corporate strategy, strategy implementation, and the strategic management process. 2. Key points addressed include that strategy formulation involves scanning the external environment, globalization is not the same as nationalization, competitive strategies deal with establishing competitive strength against competitors, and situation analysis provides information for the vision and mission statements. 3. The document also contains true/false questions testing understanding of concepts like strategic management involving appraising company performance, customers having more power through internet access, operational strategies being long-term, and the internet expanding corporate boundaries.

    Original Description:

    Sample exam in business 1

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    1. The document discusses concepts related to strategic management such as strategy formulation, globalization, competitive strategies, situation analysis, corporate strategy, strategy implementation, and the strategic management process. 2. Key points addressed include that strategy formulation involves scanning the external environment, globalization is not the same as nationalization, competitive strategies deal with establishing competitive strength against competitors, and situation analysis provides information for the vision and mission statements. 3. The document also contains true/false questions testing understanding of concepts like strategic management involving appraising company performance, customers having more power through internet access, operational strategies being long-term, and the internet expanding corporate boundaries.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    607 views2 pages

    Prelim Exam in Business 1

    Uploaded by

    Chomper Babybrown
    1. The document discusses concepts related to strategic management such as strategy formulation, globalization, competitive strategies, situation analysis, corporate strategy, strategy implementation, and the strategic management process. 2. Key points addressed include that strategy formulation involves scanning the external environment, globalization is not the same as nationalization, competitive strategies deal with establishing competitive strength against competitors, and situation analysis provides information for the vision and mission statements. 3. The document also contains true/false questions testing understanding of concepts like strategic management involving appraising company performance, customers having more power through internet access, operational strategies being long-term, and the internet expanding corporate boundaries.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    PRELIM EXAM IN BUSINESS 1

    I. IDENTIFICATION. Identify what are being referred to by the given


    concepts. (1 pt. each) 2 points
    1. The worlds top brands associated with quality, reasonable price and reflect
    the manufacturers social and environmental consciousness.
    2. It includes all the decisions and actions set by the managers and it provides a
    gauge in the performance of a particular organization.
    II. TRUE OR FALSE. Write TRUE if the statement is correct, otherwise, write
    FALSE. (2 pts. each) 30 points
    1. Strategy formulation involves scanning and evaluating the organization which
    also includes the external environment.
    2. Globalization is the nationalization of markets and corporations.
    3. Strategy Evaluation excludes appraising the companys performance.
    4. Customers have more power because they now have unlimited access to
    information through the internet.
    5. Operational strategies are long-term and are associated with various operational
    departments of the company.
    6. In the electronic age, companies cannot go to customers directly as they need to
    pass through distributors or intermediaries which serve as distribution channels.
    7. Competitive Strategies deal with establishing competitive strength against
    competitors
    8. Situation Analysis provides the information necessary to formulate the
    companys vision or mission statement but it excludes environmental scanning.
    9. The essence of Corporate Strategy is to be able to improve both operational and
    competitive strategies.
    10.Strategy implementation includes appraising the companys performance.
    11.
    The internet is putting corporations within their traditional boundaries and
    corporations are now exploring endless possibilities to innovate.
    12.
    In Planning Financial Aspects phase in strategic management, the data to be
    considered may come from salespeople.
    13.
    Failure to communicate the strategies to the entire organization loses the
    ability of the organization to implement strategies.
    14.Operational strategies will solidify all the other strategies that will then result to
    overall organizational performance.
    15.
    In the concept of globalization, companies have placed one international
    division to serve all international transactions in order for them to maintain
    quality and competitive pricing.
    III.

    SYNTHESIS. Create a diagram illustrating the steps in the Strategic


    Management Process. (18 points)
    PRELIM EXAM IN MANAGEMENT 4

    1. What are the four (4) factors which contribute to the growth of
    personnel management in the Philippines?

    2. What are the ten (10) roles of the personnel/human resource manager?
    3. What are the nine (9) roles of the HR department the organization?
    4. Give at least four (4) personal qualities of the Personnel/Human
    Resource Manager.
    5. Give at least three (3) skills needed by HR Professionals.

    PRELIM EXAM IN MANAGEMENT 4

    1. What are the four (4) factors which contribute to the growth of
    personnel management in the Philippines?
    2. What are the ten (10) roles of the personnel/human resource manager?
    3. What are the nine (9) roles of the HR department the organization?
    4. Give at least four (4) personal qualities of the Personnel/Human
    Resource Manager.
    5. Give at least three (3) skills needed by HR Professionals.

    You might also like