CMC Strategic Planning & Organizational Development

Question 1

What is strategic planning?

Accepted Answer

Setting goals and mobilizing resources to achieve them

Answer

Hiring new employees.

Answer

Reducing product prices only.

Answer

Managing daily operations.

Question 2

What is the first step in the strategic planning process?

Accepted Answer

Defining the mission and vision

Answer

Hiring a new CFO.

Answer

Conducting employee interviews.

Answer

Launching a marketing campaign.

Question 3

Which analysis identifies strengths, weaknesses, opportunities, and threats?

Accepted Answer

SWOT analysis

Answer

Financial audit.

Answer

Budget report.

Answer

Sales forecast.

Question 4

What is organizational development?

Accepted Answer

Enhancing organizational capacity through planned change

Answer

Creating advertisements.

Answer

Changing office locations.

Answer

Automating customer service only.

Question 5

Which tool is often used for setting long-term goals?

Accepted Answer

Vision statement

Answer

Payroll summary.

Answer

Sales pitch.

Answer

Supplier contract.

Question 6

Which factor is key to successful strategic implementation?

Accepted Answer

Clear communication

Answer

Reducing employee engagement.

Answer

Focusing only on short-term sales.

Answer

Outsourcing leadership roles.

Question 7

What does a strategic plan typically include?

Accepted Answer

Mission, vision, goals, and action plans

Answer

Employee birthdays.

Answer

Weekly lunch menus.

Answer

Holiday party schedules.

Question 8

What is a key benefit of organizational development initiatives?

Accepted Answer

Increase adaptability and employee engagement

Answer

Decrease company size.

Answer

Focus only on mergers.

Answer

Shorten planning phases.

Question 9

What ensures that organizational goals are aligned with market changes?

Accepted Answer

Regular strategic review

Answer

Annual company party.

Answer

Random hiring processes.

Answer

Monthly sales contests.