question What is the primary focus of the SWOT analysis in strategic management

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

A. Evaluating employee performance
B. Identifying internal strengths and weaknesses, external opportunities and threats
C. Financial reporting
D. Market analysis

What is the purpose of the SMART criteria in goal-setting in management?

A. Assessing employee performance
B. Evaluating market trends
C. Setting specific, measurable, achievable, relevant, and time-bound goals
D. Financial reporting

What is the focus of Total Quality Management (TQM) in organizations?

A. Evaluating employee performance
B. Continuous improvement of processes and products
C. Financial reporting
D. Marketing strategies

In management, what does the term "supply chain" refer to?

A. Employee recruitment
B. The network of activities involved in producing and delivering goods to customers
C. Financial decision-making
D. Marketing strategies

What does the term "outsourcing" mean in management?

A. Employee recruitment
B. Contracting out business processes to external providers
C. Financial decision-making
D. Marketing strategies

In management, what does the term "contingency planning" involve?

A. Employee training
B. Planning for unexpected events and developing alternative courses of action
C. Financial reporting
D. Market analysis

What is the primary focus of the Just-In-Time (JIT) inventory system in operations management?

A. Evaluating employee performance
B. Minimizing inventory levels and waste
C. Financial reporting
D. Marketing strategies

What is the purpose of the Six Sigma methodology in management?

A. Evaluating employee performance
B. Reducing defects and improving process quality
C. Financial reporting
D. Marketing strategies

What is the purpose of the Delphi Technique in decision-making in management?

A. Financial decision-making
B. Gathering opinions from experts anonymously to reach a consensus
C. Assessing employee performance
D. Marketing strategies

In management, what does the term "emotional intelligence" refer to?

A. Assessing employee performance
B. Recognizing and managing one's emotions and the emotions of others
C. Financial decision-making
D. Market analysis

Management MCQS - QUESTION DETAILS

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