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.
