Name: 
 

Strategic Management: Chapter 5



Multiple Choice
Identify the letter of the choice that best completes the statement or answers the question.
 

 1. 

Organizations require good people with appropriate skills and abilities to work together effectively to be successful. Which of the following characteristics is not seen as critical for this?
a.
Competent
b.
Committed
c.
Cost-effective
d.
Capable
 

 2. 

Hard human resource management assumes which of the following?
a.
Employees are more productive when they are better informed
b.
Employees are more productive if they are committed to the organization
c.
Employees are resources to be used effectively in the search for competitive advantage
d.
Employees have to be trusted to make correct decisions
 

 3. 

Which of these is a characteristic of soft human resource management?
a.
Managers are responsible for employees
b.
Teams provide increased productivity
c.
Managers are responsible for deploying employees
d.
Scientific management principles and systems should be used to deal with employees
 

 4. 

Which of the following is not an example of a managerial mindset?
a.
Analytic
b.
Reflective
c.
Competent
d.
Co-operative
e.
Catalyst
 

 5. 

What does the acronym SMART refer to?
a.
Superiority, Measurement, Appropriability, Replicability, Transparency
b.
Specific, Measurable, Achievable, Realistic, Timescale
c.
Substitutability, Measurement, Appropriability, Replicability, Transparency
d.
Specific, Measurable, Achievable, Realistic, Timely
 

 6. 

Which of the following is not a characteristic of the Internet?
a.
Provides information
b.
Facilitates communication
c.
Provides competitive advantage
d.
Enables electronic trading
e.
All are characteristics of the Internet
 

 7. 

Which one of the following criteria does not provide a means to assess ‘strategic’ resources?
a.
Sustainability
b.
Scarcity
c.
Inimtability
d.
Synergy
e.
All of the above provide a means to assess strategic resources
 

 8. 

Innovation and quality can be seen as which form of management?
a.
Marketing management
b.
Financial management
c.
Operations management
d.
Human resource management
 

 9. 

Which of the following is not one of the four key strategic elements linked to corporate objectives?
a.
Competitive environment
b.
Stakeholder expectations
c.
Research and development
d.
Organization structure
 

 10. 

Information is defined by Lucas (1976) as:
a.
some tangible or intangible entity that creates certainty about a state or event
b.
some tangible or intangible entity that reduces uncertainty about a state or event
c.
some tangible or intangible entity that leads to understanding
d.
some tangible or intangible entity that leads to knowledge
 



 
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