Test Preparation on Strategic Management Test Series-8

1.

Which is a managerial process of selecting best course of action out of several alternative courses for purpose of accomplishment of organization goals?

1Decision Making
2Strategy Implementation
3Programming
4Monitoring strategy

2.

Which is not the element of strategic intent ?

1Business Definition
2Vision
3Goals & Objectives
4None of these

3.

Rivals firms, operating in the same industry rely on different due to their strategic choice.

1Mission
2Goals & Objective
3Business Definition
4Business Model

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