Quiz 3: Stakeholder analysis

Which of the following is NOT an example of a software company's external stakeholder?

Project managers

Which of the following is an approach to the development of strategy that involves asking "what if" questions to anticipate plausible futures?

Scenario planning

_____ is best described as a rational process in which executives at a company's headquarters take primary responsibility to program future success of the company they lead.

Top-down strategic planning

A firm's stakeholder strategy primarily allows the firm to:

analyze and manage how various external and internal stakeholders interact to jointly create and trade value.

Top-down strategic planning works best when the:

environment does not change much.

Which of the following is NOT a stakeholder attribute that managers consider during stakeholder impact analysis?

A stakeholder's liquidity

Which of the following is an example of a firm's external stakeholder?

Customers

How are the two approaches strategic planning and scenario planning different from strategy-as-planned-emergence approach?

Relative to strategic planning and scenario planning, strategy as a planned emergence model is a less formal and less stylized approach to the development of strategy.

Scenario planning typically begins with managers:

brainstorming to identify multiple plausible futures.

A traditional top-down strategic planning process typically begins with:

strategic leaders adjusting a company's vision and mission based on environmental analysis.