1. Strategic Management includes the following:
A. Establishment of strategic direction
B. Implementation of strategies
C. Analysis of the internal environment
D. Strategic restructuring
E. All of these are true
2. Which of the following is not a stakeholder of an organization?
A. Employees
B. Stockholders
C. Customers
D. Competitors
E. These are all stakeholders. None of the above answers is correct.
3. All of the following are members of an organization's task environment except:
A. Activist Groups
B. Managers
C. Suppliers
D. Financial Intermediaries
E. Local Communities