Question 1

Which of the following is true of the set of decisions and action plans that are part of strategic management?&#10;A) They are more long term than short term&#10;B) They require advanced technologies&#10;C) They evolve from the organization's mission statement&#10;D) They have nothing to do with the tactics employed for achieving success

Accepted Answer

They evolve from the organization's mission statement

Question 2

If the NBA's corporate-level strategy involves expanding its operations to Asia, Europe, and Australia, their business-level strategy might involve which of the following?&#10;A) New methods for improving communication to employees&#10;B) An international advertising plan communicated through television and web advertising&#10;C) Market trend analysis of the NBA Hoop It Up program&#10;D) Strengthening the national fan base for basketball in Canada

Accepted Answer

An international advertising plan communicated through television and web advertising would align with the NBA's corporate-level strategy of expanding to other regions. By promoting the brand in these regions, the NBA can increase awareness and generate interest in basketball. Options A, C, and D don't directly align with the corporate-level strategy of expanding to other regions.

Question 3

The five Ps of strategy offered by Henry Mintzberg include which of the following?&#10;A) Performance because there is no point in strategy without results&#10;B) Product because actions speak louder than words&#10;C) Perpetual because planning must be ongoing&#10;D) Perspective because the culture of the organization is important

Accepted Answer

Henry Mintzberg's five Ps of strategy include Plan, Ploy, Pattern, Position, and Perspective. Perspective is correct because it relates to the way an organization views itself and its environment, which is influenced by its culture.

Question 4

Considering the _____________ and long-term impact of decision alternatives is critical to strategic decision-making.&#10;A) Worst-case scenario&#10;B) Ground work&#10;C) Global&#10;D) Entrepreneurial

Accepted Answer

Considering the global impact of decision alternatives is critical to strategic decision-making because it helps to ensure that decisions are not made in isolation or with a narrow focus. Global impact takes into account the effects of decisions on a broader scale, including social, environmental, and economic impacts. This approach can lead to more responsible decision-making that considers the long-term consequences of actions.

Question 5

Which of the following is true of policies?&#10;A) They are virtually the same as tactics&#10;B) They are developed only by the CEO&#10;C) They emerge and change over time&#10;D) They are more like tactics than objectives

Accepted Answer

Policies are not the same as tactics, they are strategic guidelines that guide decision-making and actions within an organization. They are not developed solely by the CEO, but rather can be established by various levels of management. Policies are also subject to change or revision based on changes in the internal and external environment of an organization.

Question 6

Effective policies make which of the following more effective?&#10;A) Decision making&#10;B) Constitutions&#10;C) Publicity&#10;D) Division of labor

Accepted Answer

Effective policies provide guidelines for decision making, ensuring that decisions are consistent and aligned with the overall goals and objectives of the organization. Constitutions and division of labor may also be improved by effective policies, but publicity is not directly impacted by policies.

Question 7

Which of the following is true of the case method analysis for developing effective policy?&#10;A) It results in a written policy statement&#10;B) It does not require policies to be written&#10;C) It might not work when finances are a concern&#10;D) It helps to define the issue but not the solution

Accepted Answer

It results in a written policy statement

Question 8

Macro- and micro-management orientation refers to __________.&#10;A) Complexity&#10;B) Level of analysis&#10;C) Interaction&#10;D) Policy development

Accepted Answer

Macro- and micro-management orientation refers to the level of analysis, with macro-management focusing on the broader organizational perspective and micro-management focusing on individual tasks and processes.

Question 9

What is the relationship between policies and strategic management?&#10;A) They are slightly related to one another&#10;B) They are highly related such that strategy empowers policy development&#10;C) They are not really related to one another&#10;D) They are highly related such that policies empower strategic management

Accepted Answer

Policies are guidelines or rules that help in the implementation of strategies. They provide a framework within which strategies are formulated and executed, thus empowering strategic management.

Question 10

Will strategy help the sport manager be more innovative?&#10;A) No, because innovation is different from strategy&#10;B) No, because there are no guarantees in today's competitive business world&#10;C) Yes, because it enhances the manager's entrepreneurial role&#10;D) Yes, because it enhances the manager's communicative role

Accepted Answer

Strategy helps the sport manager in identifying and pursuing opportunities for growth and development, which is an entrepreneurial role. By analyzing data, identifying trends, and making informed decisions, the manager can be more innovative in their approach to managing the sport organization. It also allows them to be more proactive in identifying potential problems and finding creative solutions.

Question 11

Policies are active living documents that can change in response to changes within the organization

Accepted Answer

The answer of Policies are active living documents that can...

Question 12

The macro level of analysis provides information for the construction of the business strategy for the organization

Accepted Answer

The answer of The macro level of analysis provides information...

Question 13

The actual structural configuration of an organization can be analyzed from several different perspectives

Accepted Answer

The answer of The actual structural configuration of an organization...

Question 14

Sport organizations have less need for policies than educational organizations

Accepted Answer

The answer of Sport organizations have less need for policies...

Question 15

Strategic management is often unrelated to organizational effectiveness

Accepted Answer

The answer of Strategic management is often unrelated to organizational...

Question 16

Define the term strategic management

Accepted Answer

The answer of Define the term strategic management...

Question 17

Name and explain the three levels of strategy. Give an example of each for your favorite sport organization

Accepted Answer

The answer of Name and explain the three levels of...

Question 18

What steps should be taken to execute the strategic management plan? Give an example to illustrate your answer

Accepted Answer

The answer of What steps should be taken to execute...

Question 19

How are strategic management and strategic decision making different?

Accepted Answer

The answer of How are strategic management and strategic decision...

Question 20

Why are policies important for sport organizations?

Accepted Answer

The answer of Why are policies important for sport organizations?...

Deck 3: Strategic Management and Policy Development