Strategic Planning & Implementation Flashcards
7 cards from real Sports and Fitness practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Strategic Planning & Implementation flashcards as text
A large fitness company buys a supplement manufacturer that supplies its stores. What type of growth strategy is this?
Answer: Backward vertical integration
Buying a supplier is backward vertical integration.
An athletic club offers a discount to current members who refer friends so it can grow its share of the local market. In Ansoff's Matrix, this is what?
Answer: Market penetration
Market penetration grows sales of existing products in existing markets.
Which planning horizon usually applies to strategic plans in sports organizations?
Answer: Three to five years or longer
Strategic plans usually cover long-term horizons of three to five years or more.
A recreation center sets a rule that all equipment must be cleaned after each use. This is an example of what?
Answer: Standing plan (policy/procedure)
Standing plans are policies and procedures for situations that keep coming up.
A strategic planning committee for a college athletics department should ideally include which members?
Answer: Representatives of administration, coaches, athletes, and finance
Mixed representation improves both buy-in and the quality of decisions.
A gym chain decides to close its least profitable locations to strengthen finances. This is an example of which strategy?
Answer: Retrenchment strategy
Retrenchment cuts operations to fix financial performance.
Which approach best links a fitness facility's budget to its strategic plan?
Answer: Allocating resources based on strategic priorities and goals
Budgets should put resources toward the priorities set in the strategic plan.
How this page was made: written with AI tools and published by Nathan Beja, founder of Practice Test Geeks, who is responsible for its content. We have not yet matched this exam's facts to an official source, so confirm fees, dates and rules with the exam body. Not reviewed by a subject-matter expert. Editorial policy