Question 1

Strategic management is demonstrated in an organization if it has evolved into a process of filling in endless forms, meeting deadlines, drawing
milestone charts, or changing the dates of last year's goals and plans.

Accepted Answer

Strategic management should not be reduced to administrative tasks such as filling in forms or meeting deadlines. It is a holistic and ongoing process of analyzing, planning, implementing and evaluating an organization's activities to achieve its long-term goals and objectives.

Question 2

Managing strategic momentum is how an organization constructively manages change, evaluates strategy, and reinvents or renews the organization.

Accepted Answer

Managing strategic momentum involves managing change and evaluating strategy in a constructive manner to renew the organization.

Question 3

Strategy is driven by a common mission, common vision, and common set of organizational values and goals - the directional strategies.

Accepted Answer

Directional strategies provide the overall direction for an organization by defining the common mission, vision, values, and goals that guide decision-making and actions at all levels of the organization.

Question 4

Strategic management is a technique that will provide a "quick fix" for an organization that has fundamental problems.

Accepted Answer

Strategic management is a long-term process that involves analyzing an organization's internal and external environment, setting goals and objectives, and developing strategies to achieve those objectives. It is not a quick fix for fundamental problems and requires ongoing implementation and evaluation.

Question 5

"Strategic thinking maps" are designed to initiate strategic thinking and strategic planning.

Accepted Answer

Strategic thinking maps are visual tools that help individuals and teams to think strategically, identify key issues, and develop a plan of action. They are specifically designed to facilitate strategic thinking and planning processes.

Question 6

Many of the management methods adopted by health care organizations originated in the business sector.

Accepted Answer

Many management practices, such as performance measurement, strategic planning, and quality improvement, were initially developed and refined in the business field and later adapted for the healthcare industry.

Question 7

The objective of long-range planning is to predict for some specified time in the future the size of demand for an organization's products and services and to determine where demand will occur.

Accepted Answer

Long-range planning is focused on predicting future demand and determining where that demand will occur.

Question 8

Strategic planning is the periodic process of developing a set of steps for an organization to accomplish its mission and vision using strategic thinking.

Accepted Answer

Strategic planning involves developing a series of steps to achieve organizational goals using strategic thinking over a period of time.

Question 9

Strategic thinkers examine assumptions, understand systems and their
interrelationships, and develop alternative scenarios of the future.

Accepted Answer

Strategic thinkers engage in critical analysis of assumptions, evaluate complex systems and their interactions, and generate diverse scenarios to plan for potential outcomes.

Question 10

Much of the legitimate work in an organization does not contribute to the accomplishment of the strategic plan.

Accepted Answer

Legitimate work in an organization is typically aligned with and contributes to the strategic plan, as it is designed to achieve the organization's goals and objectives.

Question 11

The implementation of Medicare's prospective payment system in 1983 initiated dramatic changes in the health care industry.

Accepted Answer

The implementation of Medicare's prospective payment system in 1983 did indeed initiate dramatic changes in the health care industry.

Question 12

Strategies are long range in nature and thus, the time span is the principal focus of strategic planning.

Accepted Answer

The principal focus of strategic planning is not just the time span but also aligning resources and actions with the organization's mission, vision, and goals to achieve long-term success.

Question 13

Management rather than leadership is required to deal with rapid, complex, and discontinuous change.

Accepted Answer

Leadership is more crucial in times of rapid, complex, and discontinuous change, as it involves setting a vision, inspiring, and guiding people through uncertainty, whereas management focuses on maintaining stability and efficiency within existing frameworks.

Question 14

Strategic thinking is an individual intellectual process, a mindset, or method of intellectual analysis that asks people to position themselves as leaders and see the "big picture."

Accepted Answer

Strategic thinking involves analyzing situations from a leadership perspective and considering the broader context and long-term implications. It is a cognitive process that involves asking critical questions and seeing beyond immediate concerns.

Question 15

In order to effectively deal with a complex situation, the leader must redouble efforts to become involved with every detail of the situation.

Accepted Answer

In order to effectively deal with a complex situation, a leader must delegate tasks to competent team members and trust them to handle the details. Micromanaging every detail will only hinder efficient problem solving and limit the team's potential.

Question 16

Managing strategic momentum concerns the day-to-day activities of managing the strategy to achieve the strategic goals of the organization.

Accepted Answer

Managing strategic momentum involves continuously monitoring and adjusting the execution of the strategy to ensure that the organization stays on track towards its strategic objectives. It involves making decisions and taking actions that support the overall strategic direction of the organization, managing resources effectively, and adapting to changes in the external environment.

Question 17

Developing implementation plans is not an essential part of strategic planning.

Accepted Answer

Developing implementation plans is an essential part of strategic planning as it ensures that the strategies can be effectively executed and put into action. Without implementation plans, the strategies may remain theoretical and lack practicality.

Question 18

Decision making is expedited and consensus more easily reached when everyone in the organization is involved in the strategic planning process.

Accepted Answer

Involving everyone in the strategic planning process can actually slow down decision making and make it harder to reach consensus due to the increased number of opinions and perspectives that need to be considered.

Question 19

Strategic management is a unique perspective that requires everyone in the organization to cease thinking solely in terms of internal operations and their own operational responsibilities. It insists that everyone adopt what may be a fundamentally new attitude - an external orientation and a concern for the big picture.

Accepted Answer

Strategic management requires an external orientation and a concern for the big picture, not solely focusing on internal operations and individual responsibilities.

Quiz 1: The Nature of Strategic Management

Strategic management is demonstrated in an organization if it has evolved into a process of filling in endless forms, meeting deadlines, drawing milestone charts, or changing the dates of last year's goals and plans.