Answer the following statements true (T) or false (F)

Question

1. A common challenge to strategy implementation is resistance by people within the organization. 
2. One of the ways to keep a strategic plan on track is to make it very comprehensive, covering as many scenarios for the future as you can. 
3. The primary purpose of competitive intelligence is to challenge the thinking of employees to make them better equipped to produce novel ideas for business. 
4. SWOT analysis helps management to develop a realistic understanding of the organization in relation to internal and external environments. 

Answer 1

1. TRUE
Often implementation means overcoming resistance by people who feel the plans threaten their influence or livelihood. This is particularly the case when the plans must be implemented rapidly, since delay is the easiest kind of resistance there is.
2. FALSE
To keep a strategic plan on track, you need to engage people, keep it simple, stay focused, and keep moving toward your vision of the future.
3. FALSE
Practicing competitive intelligence means gaining information about one's competitors' activities so that you can anticipate their moves and react appropriately. If you are a manager, one of your worst nightmares is that a competitor will surprise you with a service or product.
4. TRUE
SWOT analysis should provide a realistic understanding of the organization in relation to its internal and external environments so you can better formulate strategy in pursuit of the firm's mission.