1 - ________ is a formal program of gathering information on a company's competitors.; it is often called ________.

A. An industry scenario; business intelligence

B. An industry scenario; CI

C. CI; business intelligence

D. ROI; business intelligence

E. Competitive intelligence; ROI

--------------

2-

Which of the following is NOT a common element for a well-crafted mission statement for an organization?

A.

It should be measurable.

B.

It has to provide direction to the activities of company employees

C.

It must be short.

D.

It must be simple.

E.

It should be comprehensive of all objectives of the organization.

----------------------

3-

Which of the following is NOT a common element for a well-crafted mission statement for an organization?

A.

It should be measurable.

B.

It has to provide direction to the activities of company employees

C.

It must be short.

D.

It must be simple.

E.

It should be comprehensive of all objectives of the organization.

-----------------------

5-

Once a company has crafted the elements that constitute their competitive advantages, the implementation of that strategy begins with a __________________ grounded in those advantages that every individual in the company can use to make decisions.

A.

focused competitive strategy

B.

useful, focused mission

C.

focused effective strategic plan

D.

useful focused tactical plan

E.

useful, focused value chain

---------------------------------

6-

Which of the following is true of a well-designed mission statement?

A.

A mission statement should focus the efforts of suppliers and customers for the organization.

B.

A mission statement should have a singular focus.

C.

Crafting a mission statement should never be one of the first steps in strategy design; it should come much later.

D.

A mission statement should be complex and comprehensive.

E.

A mission statement should not include measurable components to it; it should be more vague and abstract.