Strategic Management Quizzes & Trivia

What do you know about business strategy? More specifically, what do you know about strategic management? If you know how to form major goals and implement a plan to reach them, you’re already a natural strategy manager. Take these quizzes today and find out just how skilled you really are. You may surprise yourself by how much you know! Also, know more about Strategic Management if you are new to this thing and are in the process of exploring the domain, by attempting our quizzes. 

What do strategic managers do? True or false: Strategic management is not static in nature. What are the three principles as identified by Harvard Professor Michael Porter used to identify underlying strategy? What are the two major processes of strategic management? What is formulation? Put on your thinking hats boys and girls, it’s time to put your inner strategic manager to work!

In the business world, the term “strategic management process” refers to any strategy which an organization uses to define itself; a strategy whereby managers within a company will choose from a number of different possible...

Questions: 20  |  Attempts: 1701   |  Last updated: Mar 26, 2019
  • Sample Question
    The term _________ is used to refer to strategy formulation, implementation, and evaluation, with _________referring only to strategy formulation.

Take this quiz on strategic management test as many times as you would like to improve your score!

Questions: 51  |  Attempts: 373   |  Last updated: Sep 24, 2018
  • Sample Question
    Which environment is strategies, management, employees, product or services?

This quiz is designed to assess your applied understanding of the value proposition and the role of marketing within the strategic planning process.

Questions: 11  |  Attempts: 253   |  Last updated: Sep 24, 2018
  • Sample Question
    The purpose of the value proposition is to provide


Questions: 3  |  Attempts: 108   |  Last updated: Jul 30, 2011
  • Sample Question
    1.     According to the lecture, working memory demands in the classroom arise from two sources.  The demands that are not bound to the task are called:


Questions: 15  |  Attempts: 93   |  Last updated: Jan 23, 2013
  • Sample Question
    Which of the following is not a method that is used to prepare workers for international assignments?




Strategic Management Questions and Answers


  • The term _________ is used to refer to strategy formulation, implementation, and evaluation, with _________referring only to strategy formulation.
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  • Which of these requires a firm to establish annual objectives, devise policies, and allocate resources?
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  • Anything that a firm does especially well compared to rival firms is referred to as:
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  • Which environment is strategies, management, employees, product or services?
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  • Which environment is competitors, suppliers, customers, stockholders, micro, porters model, unions, local community and general public?
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  • Which environment is special teams, political issues, legal changes, macro, and technology trends?
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  • The purpose of the value proposition is to provide
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  • Sally's cookie company sells products both online and at retail locations. She has developed multiple value propositions because
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  • The group of customers toward which an organization directs its marketing efforts is know as the
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  • 1.     According to the lecture, working memory demands in the classroom arise from two sources.  The demands that are not bound to the task are called:
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  • 1.     Based on the course lecture, the binding processes of multiplication, carrying, and addition is an example of which kind of demand?
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  • 1.     According to the article by Baddeley, which of these is not part of Baddeley’s multi-component model of working memory
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