FREE CALT Strategic Planning & Decision-Making Questions and Answers

Question 1

What is the primary purpose of a SWOT analysis in strategic planning?

Accepted Answer

To evaluate organizational strengths, weaknesses, opportunities and threats

Answer

To track employee attendance records

Answer

To design office floor plans

Answer

To calculate payroll expenses

Question 2

Which decision-making model is best for urgent situations with limited information?

Accepted Answer

Intuitive model

Answer

Rational model

Answer

Bureaucratic model

Answer

Incremental model

Question 3

What is the key benefit of scenario planning in strategy development?

Accepted Answer

It prepares for multiple potential futures

Answer

It guarantees specific outcomes

Answer

It eliminates all risks

Answer

It reduces the need for leadership

Question 4

Which element is NOT part of SMART goals?

Accepted Answer

Flexible

Answer

Specific

Answer

Measurable

Answer

Achievable

Question 5

What is the primary purpose of a balanced scorecard?

Accepted Answer

To track multiple strategic perspectives

Answer

To measure only financial performance

Answer

To replace all other performance metrics

Answer

To eliminate strategic planning

Question 6

Which technique helps prioritize tasks based on urgency and importance?

Accepted Answer

Eisenhower Matrix

Answer

SWOT analysis

Answer

PESTLE analysis

Answer

Fishbone diagram

Question 7

What is the main risk of groupthink in decision-making?

Accepted Answer

Uncritical acceptance of consensus

Answer

Increased creativity

Answer

Faster implementation

Answer

Higher employee turnover

Question 8

Which strategic planning phase involves environmental scanning?

Accepted Answer

Situation analysis

Answer

Goal setting

Answer

Implementation

Answer

Evaluation

Question 9

What does the RACI matrix clarify in strategic projects?

Accepted Answer

Roles and responsibilities

Answer

Budget allocations

Answer

Marketing strategies

Answer

Product pricing