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1. An effective vision statement
A) explains the organization's strategy.
B) is future oriented and inspiring.
C) is carefully defined and complete.
D) sets aggressive financial goals.
2. Which of the following often needs to be reworked to make it more strategy-supportive, as a crucial part of the implementation process?
A) Budget
B) Ethical framework
C) Zero-defects mentality
D) Execution process
3. After the organization's annual operations plan is developed, the role of middle management is to:
A) Review the operations plan with their teams but refrain from offering insights on the plan's impact for the team.
B) Ask the team to create an implementation plan to address objectives on the organization's operations plan.
C) Work with the team to identify priorities for the next quarter, critical initiatives, any actions to be completed, and critical measures of success.
D) Steer clear of playing any significant role in the implementation of the operations plan, in favour of focusing on resource management only.
4. Continuous improvement of strategic plans is needed because it keeps
A) an organization viable.
B) strategic planners employed.
C) senior executives employed.
D) stakeholders informed.
5. Which of the following MUST be present in those who implement strategic plan projects?
A) Business development and financial acumen
B) Teamwork and management skills
C) Facilitation skills
D) Patience and initiative
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: B |
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