Lynch developed the performance pyramid to define the links between objectives and performance measures. Which THREE of the following statements apply to the performance pyramid?

• A.The performance pyramid is designed to ensure that all activities support the Organization's vision.
• B.The left-hand side of the pyramid contains measures which have an external focus.
• C.The right-hand side of the pyramid contains measures which are predominantly non-financial.
• D.The business unit level includes measures which relate to internal systems needed to meet customers' needs.
• E.The business operating systems level includes the market-related Critical Success Factors.
• F.The lowest level of the pyramid contains the day-to-day operational measures.

Comment: *

Name: *

Email: *

Verification: *

Which of the following would be likely to encourage an organization to use Scenario Planning? (Choose all that apply.)

• A.Uncertainty in the industry is high, relative to management's ability to predict or adjust to change.
• B.Competitor's are increasingly using Scenario Planning as part of their strategy formulation process.
• C.The organization has not previously experienced any major surprises or expensive strategic mistakes.
• D.The organization often experiences 'group-think', leading to a narrow view of the future.
• E.The organization has achieved all of its objectives and operates within a stable external environment.

Comment: *

Name: *

Email: *

Verification: *

BCD manufactures a well known breakfast cereal, the 'Weetyflake'. As a result of a steady slow down in the market growth of this product in its home country in the last five years, BCD is considering a number of possible strategic directions.
Select the label which best describes each of the strategic directions being considered by BCD.

Correct Answer:

Comment: *

Name: *

Email: *

Verification: *

JJJ presently makes motorcycles for use by the armed forces in its home country. Defence spending cuts have forced JJJ to seek a new business direction. JJJ has decided to make trucks for sale to private businesses in its home country.
Use the Ansoff product/market matrix to identify the new strategic direction of JJJ.

• A.Market development
• B.Market penetration
• C.Related diversification
• D.Product development

Comment: *

Name: *

Email: *

Verification: *

Which THREE of the following issues relate to the Corporate Strategy of an organization? (Choose three.)

• A.Acquisitions, disposals and diversification.
• B.Achieving advantage over competitors.
• C.Meeting the needs of key customers.
• D.Avoiding competitive disadvantages.
• E.Entering new industries.
• F.Leaving existing industries.

Comment: *

Name: *

Email: *

Verification: *