Question 1

The phase of strategic management that addresses issues and challenges the organization is facing is

Accepted Answer

D

Question 2

Strategy formulation and selection deals with

Accepted Answer

Strategy formulation and selection involves analyzing data to understand its implications for the organization's future actions and decisions.

Question 3

Internal analysis is

Accepted Answer

Internal analysis involves assessing an organization's internal environment, focusing on its strengths and weaknesses.

Question 4

External analysis involves assessing the general environment, the healthcare industry, the organization, and the specific product and services delivered. At the organizational level, analysis focuses on identifying

Accepted Answer

External analysis at the organizational level focuses on factors that impact the market where the organization operates, as it helps in understanding the competitive environment and market dynamics.

Question 5

A strong organization operating in a threatening environment would be in the

Accepted Answer

The answer of A strong organization operating in a threatening...

Question 6

Which of the following is an inappropriate strategy for an organization operating in the Future quadrant of the SWOT diagram?

Accepted Answer

Harvesting is inappropriate for the Future quadrant, which focuses on growth and expansion, while harvesting involves reducing investment to maximize short-term profits.

Question 7

Which of the following is an inappropriate strategy for an organization operating in the Survival quadrant of the SWOT diagram?

Accepted Answer

Market or product development is inappropriate for organizations in the Survival quadrant, as they typically need to focus on cost-cutting and stabilizing operations rather than expanding.

Question 8

The strategy where more product is pushed into existing markets is

Accepted Answer

Penetration strategy involves increasing the market share of existing products in existing markets, often through increased marketing efforts or competitive pricing.

Question 9

Achieving sustainable growth requires

Accepted Answer

The answer of Achieving sustainable growth requires
...

Question 10

Sustainable growth is the maximum rate of growth in assets an organization can maintain without increasing

Accepted Answer

Sustainable growth is the rate at which a company can grow its sales, earnings, and dividends at a consistent rate without having to increase its financial leverage, which is represented by the debt to equity ratio.

Question 11

When organizational strategy is built around expansion through acquiring other organizations, the role of finance in formulating and implementing strategy revolves around

Accepted Answer

The answer of When organizational strategy is built around expansion...

Quiz 16: Strategic Financial Planning