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Last Updated: Sep 03, 2026
No. of Questions: 163 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Strategy Execution, Governance and Evaluation | 26-30% | - Manage strategic risks and opportunities - Update and adapt strategy based on results and changing conditions - Implement strategic plans and monitor progress - Evaluate strategy effectiveness and outcomes |
| Engagement | 15-19% | - Build strategic management capabilities and culture - Manage knowledge and learning across the organization - Align leadership and stakeholders around shared vision and goals - Facilitate innovation and strategic option development |
| Strategy Formulation | 24-28% | - Evaluate and select strategic alternatives - Develop strategic objectives and initiatives - Assess internal and external environment - Define organizational mission, vision, values and strategic direction |
| Preparation for Strategy Transformation | 27-31% | - Design organizational structure and governance to support strategy - Establish performance measurement systems - Plan change management and communication - Align resources, capabilities and processes |
Question 1
When starting a strategic planning effort, which of the following should be developed FIRST?
A. Vision and mission
B. Performance measures and targets
C. Objectives
D. Future initiatives
Question 2
Who must have the skills necessary to implement the strategic planning initiative?
A. Change agents
B. Customers
C. Board of directors
D. Stakeholders
Question 3
Cost reduction can be MOST consistently achieved by
A. Reducing staff to minimum essential levels
B. Reducing unnecessary processes
C. Pressuring suppliers to cut corners
D. Investing heavily in information technology
Question 4
Which of the following best describes core competencies?
A. Can lead to competitive advantage
B. Are derived from core principles
C. Are easily identified and explained
D. Rarely change over time
Question 5
What process is adopted by an organization to minimize disruption when implementing a new strategic plan?
A. Strategic management
B. Change management
C. Project management
D. Environmental scanning
Solutions:
| Question 1 Answer: A | Question 2 Answer: A | Question 3 Answer: B | Question 4 Answer: A | Question 5 Answer: B |
Adolph
Barret
Caesar
Dominic
Geoffrey
Ives
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