MGT 498 Final Exam

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10) An acronym for the assessment of the external and internal environments of the business corporation in the process of strategy formulation/strategic planning is


A.


P.E.T.


B.


M.B.O.


C.


S.W.O.T.


D.


S.B.U.


E.


R.O.I.

11) In the development of a SFAS matrix, the first step is to


A.


enter the ratings of how the company's management is responding to each of the strategic factors


B.


calculate the weighted scores


C.


list the most important EFAS and IFAS items


D.


indicate short-term for the duration


E.


enter the weights for all of the internal factors


12) The technique that illustrates how management can match the external opportunities and threats with its strengths and weaknesses to yield four sets of strategic alternatives is called a (an)


A.


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