Strategic Management: Week 4 QuizWEEK 4 QUIZ1.Question :Ultimate responsibility for the strategic direction of the company restswith the CEO.StudentAnswer:TrueFalsePoints Received:0 of 1Comments:2.Question :Which of the following statements is not true about operationalplanning?Student Answer:It includes budget planningIt follows strategic planningIt involves the setting of policiesIt must get buy-in at all levels of managementIt includes detailed plans by organizational unitPoints Received:1 of 1Comments:3.Question :During implementation, at the first sign of trouble, the strategy shouldbechanged.StudentAnswer:TrueFalsePoints Received:1 of 1Comments:4.Question :Which of the following is not a key strategic decision made duringstrategic planning?Student Answer:Overall companywide objectivesDistribution channels to be used
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