Exercise

Dear Students, please copy the following questions in the paper of your own and write in with the correct answer.

(1) Define:

   a- Environmental scanning.
   b- The external environment.
   c- The internal environment.
   d- Strategy formulation.
   e- Mission.
   f- Objectives.
   g- Strategy.
   h- Policy.

(2) What are the External Environmental Variables?

Exercise

Dear Students, please copy the following questions in the paper of your own and fill in with the correct answer.

(3) Some important variables in the societal environment are:

   a- ______________
   b- ______________
   c- ______________
   d- ______________
   e- ______________
   f- ______________
   g- ______________
   h- ______________
   i- ______________
   j- ______________
   k- ______________
   l- ______________
   m- ______________
   n- ______________

(4) What is SWOT?

Exercise

Dear Students, please copy the following questions in the paper of your own and fill in with the correct answer.

(5) Strategy formulation includes
   a- ______________
   b- ______________
   c- ______________
   d- ______________

(6) Some of the areas which a corporation might establish its goals and objectives are:
   a- ______________
   b- ______________
   c- ______________
   d- ______________
   e- ______________
   f- ______________
   g- ______________
   h- ______________
   i- ______________
   j- ______________

Exercise

Dear Students, please copy the following questions in the paper of your own and fill in with the correct answer.

(7) The typical business firm usually considers three types of strategy:

   a- ______________
   b- ______________
   c- ______________
   d- ______________