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True or False Quiz
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1

The last step in the planning process is to determine the organization's mission and goals.
A)TRUE
B)FALSE
2

Planning involves setting goals but not setting strategy.
A)TRUE
B)FALSE
3

Functional goals and strategies need not be consistent with divisional goals and strategies.
A)TRUE
B)FALSE
4

Planning takes place at the corporate level and the business level of the organization, but not at the functional level of the organization.
A)TRUE
B)FALSE
5

Corporate-level plans are fixed, static plans.
A)TRUE
B)FALSE
6

The corporate-level plan indicates in which industries and national markets an organization intends to compete.
A)TRUE
B)FALSE
7

A function is a department in which people have the same skills or use the same resources to perform their jobs.
A)TRUE
B)FALSE
8

Single-use plans are developed primarily to handle programmed decision making situations.
A)TRUE
B)FALSE
9

Managerial goals should be both challenging and realistic.
A)TRUE
B)FALSE
10

A plan can be used as a device for controlling managers
A)TRUE
B)FALSE
11

The last step in a SWOT analysis is to identify the organization's internal strengths and internal weaknesses.
A)TRUE
B)FALSE
12

Managers of XYZ Company attempt to give the organization a competitive advantage by driving production costs to as low a level as possible. We say that XYZ is pursuing a differentiation strategy.
A)TRUE
B)FALSE
13

Organizations that use a global strategy typically customize the product to meet the needs of customers in different countries.
A)TRUE
B)FALSE
14

A function-level strategy indicates how a function intends to achieve its goals and how it will add value.
A)TRUE
B)FALSE
15

A decision to invest in state of the art production facilities is a functional level strategy decision.
A)TRUE
B)FALSE
16

International expansion is an example of a business level strategy.
A)TRUE
B)FALSE
17

Strategy implementation involves creating a vision.
A)TRUE
B)FALSE
18

The implementation of strategy may involve radical redesigning of organizational structure.
A)TRUE
B)FALSE





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