Strategic Management Practice Exam
Strategic Management Practice Exam
About Strategic Management Exam
Strategic Management Certification proves your ability to think, plan, and act with long-term goals in mind. This certification helps job seekers and professionals certify their skills on how businesses make smart choices to grow and succeed. It assesses you on tools like SWOT, PESTEL, and KPIs, making you ready for real-world business challenges. Whether you're leading a team or planning company growth, this certification adds strong value to your profile. Companies across industries need people who can manage change, make decisions, and think ahead. With this certificate, you show that you’re ready to support business success with smart strategies.
Who should take the Exam?
This exam is ideal for:- Business managers and team leaders
- Startup founders and entrepreneurs
- MBA and management students
- Senior executives and decision-makers
- Project and program managers
- Corporate trainers and consultants
Skills Required
- Strategic thinking and planning
- Competitive and market analysis
- Goal setting and KPI evaluation
- Implementation and change management
- Decision-making and leadership
Knowledge Gained
- How to form and apply business strategies
- How to use models like SWOT, PESTEL, BCG Matrix
- How to link goals with action plans
- How to monitor and control strategy outcomes
- How to manage global and local challenges
- How to create long-term value for any organization
Course Outline
The Strategic Management Exam covers the following topics -Domain 1 - Introduction to Strategic Management
- Meaning and importance
- Levels of strategy (corporate, business, functional)
- Vision, mission, and goals
Domain 2 - Strategic Analysis
- SWOT analysis
- PESTEL analysis
- Porter’s Five Forces
Domain 3 - Strategy Formulation
- Corporate strategy types
- Business strategy models (Cost Leadership, Differentiation)
- Competitive advantage
Domain 4 - Strategy Implementation
- Resource allocation
- Leadership and culture alignment
- Organizational change
Domain 5 - Strategic Evaluation and Control
- Balanced Scorecard
- Key Performance Indicators (KPIs)
- Feedback and corrective actions
Domain 6 - Global Strategic Management
- International strategy types
- Strategic alliances and partnerships
- Managing across borders
