Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
135.
________ are multiple, plausible stories for probable futures.
136.
In dealing with high uncertainty and change, traditional strategic planning approaches
based on extrapolation of historical conditions are of ________ value.
137.
The primary value of ________________ efforts is not so much the strategic plans that are
created but rather the transformation in strategic thinking that results from this activity.
138.
________________ are plans for the best- or worst-case scenarios or for critical events that
could have a severe impact on the firm.
139.
The deadly terrorist attacks on the World Trade Center in New York on September 11,
2001, as well as the Fukushima Daiichi nuclear tragedy that occurred in Japan after an
earthquake and tsunami in March 2011, reminded many organizations of the importance of
developing ________________ to ensure the effective continuation of their operations in the
event their headquarters or other key locations are attacked or otherwise incapacitated for
a period of time.
140.
Because strategic plans are fairly broad, ________ (also called operational) plans are a
requisite for spelling out in detail how the objectives will be reached.
141.
The ________________ is a prediction of future sales performance.
142.
________ are an itemized projection of revenues and expenses for a future time period.
143.
_________ are broad guidelines issued by upper management for the purpose of assisting
lower-level managers in handling recurring problems.
144.
________ are guides that specify the way certain tasks or activities will be carried out,
thereby ensuring uniform action on the part of all corporate members.
145.
The ________ scorecard approach is based on an integration of strategic planning with a
company's budgeting processes, and short-term results from the scorecard can serve as a
means of monitoring progress in achieving strategic objectives across four dimensions:
financial, customer, internal, and learning and growth.
146.
The planning process that begins at the highest level in the organization and continues
downward is known as _________ planning.
147.
A planning process that begins at the lowest level in the organization and continues
upward is known as ________ planning.
148.
________ planning consists of repetition of the bottom-up or top-down planning process
until all differences have been reconciled.
149.
Top management of companies generally accept the fact that, to be effective, strategic
planning processes should permit ideas to surface from ________ in the organization and
at any time.
9-87
150.
________ planning processes are something that only the company's most senior
executives are involved with.
Essay Questions
9-88
151.
What is international strategy and why it is important?
9-90
152.
Discuss the global strategic planning process.
