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1 . |  | QUIZ 1: Foundations Chapter one particular and Document 1 . Browse each problem very carefully before answering. In respect to Chapter 1 of Foundations of Strategic Supervision, what is the case of strategic management? | | | a -- It centers on choosing where to remain competitive and how to be competitive. | | | b - Being a discipline, tactical management aims to improve the practice of strategic management by providing executives and entrepreneurs powerful tools and guidelines. | | | c -- It is powerful because the business world is changing rapidly. | | | d -- All of the previously mentioned

2 . |  | According to Chapter 1 of Foundations of Ideal Management, what is true of business 3 centuries in the past? | | | a - Faraway markets are not readily accessible; therefore , most businesses were small. | | | b -- Most goods were minimally differentiated or undifferentiated. | | | c -- Managers managed mostly using their intuition and experience, which usually worked well enough. | | | m - All the above.

a few. |  | The 18th Century advent that probably had the very best impact on industrializing Western The european countries and the U. S. A. is| | | a - the electric electrical generator

| | b -- the heavy steam engine

| | c - the electric motor

| | d -- the diesel powered engine

some. |  | The initially form of planning to be extensively adopted is| | | a -- annual budgeting

| | b -- forecast-driven economic planning

| | c - long range capital cost management

| | d - econometric building

a few. |  | What is accurate of formal programmatic strategic planning (PSP)? | | | Its champions assumed science may reduce entrepreneurial genius to formal step-by-step procedures and quantitative remedies so that anyone that followed the steps and applied the formulations correctly might produce clever results. | | | It helped firms steer clear of head-on collisions in the marketplace. | | | It generally produced genuinely innovative tactics.

| | All of the above

6. |  | Precisely what is emergent...

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