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Strategic Change MCQ

Meyer analysed the strategic choices made by three hospitals in the face of _________ .

Changed market conditions

A terrorist outrage

A strike

An earthquake

Answer

Correct Answer: A strike

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The strategic environment is best thought of as __________, according to your textbook.

Objective reality

Nature

A dynamic and interactive process

All of the above

Answer

Correct Answer: A dynamic and interactive process

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Which of the following is a good example of a firm that has experienced strategic drift?

Google

Apple

Blockbuster

Facebook

Answer

Correct Answer: Blockbuster

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What is strategic drift?

Strategies that enable the firm to keep pace with changes in the strategic environment

Radical changes that enable the firm to make sudden shifts in strategy to match major changes in the strategic environment

Incremental changes that enable the firm to make small steps to keep pace with minor changes in the strategic environment

Failing to keep pace with incremental changes in the strategic environment over a period of time

Answer

Correct Answer: Failing to keep pace with incremental changes in the strategic environment over a period of time

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Which of the following would NOT be associated with the socio-political approach to understanding the causes of change:

Political contests between business units vying for power or resources

New leaders seeking to display strong leadership through a symbolic break with the past

Gathering information about the threats and opportunities posed by changes in the external environmental

Fads and fashions in management thought driven by gurus and consultants

Answer

Correct Answer: Gathering information about the threats and opportunities posed by changes in the external environmental

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Which of the following could be a strategic change?

Moving from a focus on cost towards differentiation through superior product or service features

Selling new products/services to existing customers or selling existing products/services to new customers

Decision to integrate activities previously done by suppliers or decision to outsource activities previously done in-house

All of the above

Answer

Correct Answer: All of the above

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He process of defining, categorizing or labelling a particular change as _____ is both an _ of an ongoing _ process and is itself a _______ act.

Strategic/action/leadership/dynamic

Strategic/outcome/political/political

Necessary/outcome/strategic/masterful

None of the above

Answer

Correct Answer: Strategic/outcome/political/political

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According to your textbook, what do Whittle and Mueller think makes a change ‘strategic’?

What stakeholder needs it addresses

What the market demands

What the powerful decide is strategic

All of the above

Answer

Correct Answer: What the powerful decide is strategic

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According to Balogun and Hope Hailey, what percentage of strategic change projects is thought to fail to achieve their aims?

10%

25%

50%

70%

Answer

Correct Answer: 70%

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Strategic change could involve ___________________________.

A change in the direction and scope of an organization

Reconfiguring organization cultures

Introducing a new IT architecture

All of the above

Answer

Correct Answer: All of the above

Note: This Question is unanswered, help us to find answer for this one

Strategic Change MCQ

Meyer analysed the strategic choices made by three hospitals in the face of _________ .

The strategic environment is best thought of as __________, according to your textbook.

Which of the following is a good example of a firm that has experienced strategic drift?

What is strategic drift?

Which of the following would NOT be associated with the socio-political approach to understanding the causes of change:

Which of the following could be a strategic change?

He process of defining, categorizing or labelling a particular change as ___________ is both an _____________ of an ongoing ___________ process and is itself a ___________ act.

According to your textbook, what do Whittle and Mueller think makes a change ‘strategic’?

According to Balogun and Hope Hailey, what percentage of strategic change projects is thought to fail to achieve their aims?

Strategic change could involve ___________________________.

He process of defining, categorizing or labelling a particular change as _____ is both an _ of an ongoing _ process and is itself a _______ act.