MGT 450 Week 4 Quiz

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WEEK 4 QUIZ 1. Question : Ultimate responsibility for the strategic direction of the company rests with the CEO.

Student Answer:True False

Points Received: 0 of 1

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2. Question : Which of the following statements is not true about operational planning?

Student Answer:It includes budget planning It follows strategic planning It involves the setting of policies It must get buy-in at all levels of management It includes detailed plans by organizational unit

Points Received: 1 of 1

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3. Question : During implementation, at the first sign of trouble, the strategy should be changed.

Student Answer:True False

Points Received: 1 of 1

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4. Question : Which of the following is not a key strategic decision made during strategic...

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