PPA 265 exam 2 mayhew jmu Questions

PPA 265 exam 2 mayhew jmu Questions with Complete Solutions (Latest 2025) strategic management - Correct Answers ✅an integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage

• long term thinking and the integration of strategic planning

in all management systems

• Understanding external market opportunities

and challenges while creating service delivery systems to address the needs and interests of multiple stakeholders strategic planning - Correct Answers ✅- Formalized process by which an organization makes a study of its vision for the future

• a set of concepts, procedures, and tools designed to help

leaders, managers, and planners think and act strategically what does a strategy entail? - Correct Answers ✅- executive leadership

• incremental adjustments
• articulation and dissemination of vision
• alignment

what is the purpose for strategic management? - Correct Answers ✅Management focus that accounts for changes in the environment & the organizations placed w/in it 1 / 3

PPA 265 exam 2 mayhew jmu Questions with Complete Solutions (Latest 2025) •Technology •Markets for services •Funding sources •Competition Both internal & external what are the 4 principles of strategic management? - Correct Answers ✅- concern with long-term

• integrating goals/objectives into a coherent hierarchy
• the process is not self-implementing
• external perspective
• aware of political authority

pros of strategic management - Correct Answers ✅- implementation and organizational culture cons of strategic management - Correct Answers ✅- mission and goals for public organizations

• rigidly applied
• bias against creativity and innovation
• public context
• accountability
• setting of objectives 2 / 3

PPA 265 exam 2 mayhew jmu Questions with Complete Solutions (Latest 2025) pros of strategic planning - Correct Answers ✅- proactive rather than reactive

• addresses "real" problems and forces them to be considered
• formal mandate
• builds relationships
• increases knowledge of organizational activities
• broad focus

cons of strategic planning - Correct Answers ✅- a lot of money

• time
• possible conflict w/in organization
• issues with authority

first steps of a strategic plan - Correct Answers ✅mission statement and vision statement mission statement - Correct Answers ✅- Should give the

purpose of the organization: what it does, why it exists

• Activities that organizations conduct to achieve this purpose
• Organizational values
• / 3