Multiple Choice Multiple Answer
Question They have time based utility
Correct Answer Goals , Resources
Your Answer Goals , Resources
Multiple Choice Multiple Answer
Question Program is a combination of
Correct Answer goals , policies , procedures
Your Answer goals , policies , procedures
True/False
Question Change in company's strategy gives rise to problems necessitating a new structure to be made
Correct Answer True
Your Answer True
Select The Blank
Question Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
Your Answer Time
Multiple Choice Multiple Answer
Question Techniques used in environmental appraisal are
Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Select The Blank
Question Strategic evaluation determines the effectiveness of ________
Correct Answer Strategy
Your Answer Strategy
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental targets & objective process
Select The Blank
Question GATT stands for ________.
Correct Answer general agreement on trade & tariff
Your Answer general agreement on trade & tariff
Multiple Choice Single Answer
Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers
Correct Answer Adapters
Your Answer Adapters
Multiple Choice Multiple Answer
Question Techniques used in environmental appraisal are
Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Multiple Choice Single Answer
Question The tool used for future decision making in 'True Ambiguity' scenario is
Correct Answer Non-linear dynamic model
Your Answer Non-linear dynamic model
Multiple Choice Single Answer
Question A major part of strategy implementation is
Correct Answer resource allocation
Your Answer resource allocation
Multiple Choice Multiple Answer
Question Harveststrategy is used for
Correct Answer Dogs , Question marks
Your Answer Dogs , Stars
Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are
Correct Answer programmed decisions
Your Answer programmed decisions
True/False
Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm.
Correct Answer False
Your Answer False
Match The Following
Question Correct Answer Your Answer
Marketing a product Mass segmentation Life cycle considerations
Environmental Analysis Social, Political, legal & technology Matching, converting, minimizing & avoiding strategies
Swot Analysis Matching, converting, minimizing & avoiding strategies Availability of resources
Marketing strategy Life cycle considerations Mass segmentation
True/False
Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
Correct Answer True
Your Answer True
Select The Blank
Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.
Correct Answer Co-ordination
Your Answer Co-operation
Multiple Choice Single Answer
Question It indicates the degree of differentiation
Correct Answer Structure
Your Answer Style
True/False
Question Focused company is generally protected from competition.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Your Answer by employees , by research agencies , by consultants
Multiple Choice Multiple Answer
Question Three important managerial qualities required for the effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision
True/False
Question Macro environment is the internal environment of a company.
Correct Answer False
Your Answer False
Select The Blank
Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
Your Answer Self-discipline
Multiple Choice Single Answer
Question The aim in stability strategies is-
Correct Answer move slowly & surely
Your Answer move slowly & surely
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer channel members, customers, suppliers etc.
Multiple Choice Multiple Answer
Question Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
Your Answer Capital , Information , Expertise
Match The Following
Question Correct Answer Your Answer
Phase 4 Coordination Coordination
Phase 1 Creativity Creativity
Phase 2 Direction Direction
Phase 3 Delegation Delegation
True/False
Question Micro environment is the internal environment of a company.
Correct Answer True
Your Answer False
Select The Blank
Question A hardware manufacture enters into software is an example of ________ integration.
Correct Answer horizontal
Your Answer diagonal
Multiple Choice Multiple Answer
Question These following factors determine the desire of risk
Correct Answer Strategies , Resources
Your Answer Strategies , Resources , Competence
Select The Blank
Question Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer IR, OB
True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
Your Answer True
True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
Your Answer True
True/False
Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Principles to manage strategic alliances are
Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Your Answer clarity in strategy & responsibilities , blending cultures , adopt win-lose attitude
Select The Blank
Question Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer IR, OB
Select The Blank
Question Control should involve________ amount of information.
Correct Answer Minimum
Your Answer Minimum
Multiple Choice Multiple Answer
Question Competenncy models reveal three types of capabilities
Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
Multiple Choice Single Answer
Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is
Correct Answer CRM
Your Answer CRM
Multiple Choice Multiple Answer
Question supplier & technological environment is concerned with
Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Your Answer quality & no. of suppliers , logistics , raw material , impact of organization on each sector
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer internal analysis
Multiple Choice Single Answer
Question Concentric diversification means
Correct Answer new activity related to existing business
Your Answer new activity related to existing business
Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process
Multiple Choice Single Answer
Question Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer vision
Your Answer policy
True/False
Question The key principle of moral management is "Can we make money with this action decision or behaviour"?
Correct Answer False
Your Answer True
Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
Your Answer long- range planning
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question Three important managerial qualities required for the effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Select The Blank
Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.
Correct Answer Co-ordination
Your Answer Co-ordination
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer competitors
Multiple Choice Single Answer
Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is
Correct Answer CRM
Your Answer CRM
Match The Following
Question Correct Answer Your Answer
Fit SWOT analysis SWOT analysis
Vision what a company wishes to become or aspires to be. what a company wishes to become or aspires to be.
mission what the company is and why it exists. what the company is and why it exists.
BHAG big headed audacious goals big headed audacious goals
True/False
Question According to Michael Porter, the core of efficiency management is strategy.
Correct Answer True
Your Answer False
Multiple Choice Multiple Answer
Question The control process requires the following types of information
Correct Answer Planned performance , Variances , Reasons
Your Answer Planned performance , Variances , Reasons
Multiple Choice Multiple Answer
Question Techniques used in environmental appraisal are
Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer single-variable extrapolation/multivariable interaction analysis , simulation , Dynamic modes and mapping
Multiple Choice Multiple Answer
Question Factors encouraging joint ventures are
Correct Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other
Your Answer uneconomical separate existence , sharing competence of each other , monopoly of one company
Multiple Choice Multiple Answer
Question supplier & technological environment is concerned with
Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Multiple Choice Single Answer
Question Mission
Correct Answer philosophy, public image
Your Answer target
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management
True/False
Question Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Denominator management
Correct Answer cost reduction
Your Answer cost reduction
Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
Your Answer controlling
Select The Blank
Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation
Multiple Choice Multiple Answer
Question A Company's strategy
Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Your Answer Vital ingredient in determinig it's future , Only factor determing it's success or failure , may result in disaster if inappropriate
Select The Blank
Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.
Correct Answer role model
Your Answer role model
Multiple Choice Multiple Answer
Question Factors determining HRP (Human Resource Planning )
Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Multiple Choice Single Answer
Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy
Correct Answer Operational evaluation
Your Answer Operational evaluation
Multiple Choice Multiple Answer
Question Three important managerial qualities required for the effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Match The Following
Question Correct Answer Your Answer
Decision making Managers to develop the courage to make unconventional decisions Managers to develop the courage to make unconventional decisions
Social Responsibility Managers to maintain high ethical standards Managers to maintain high ethical standards
Lateral thinking Managers to learn to deal with chaotic situations Managers to learn to deal with chaotic situations
Responsiveness Managers to provide speedy responses to environmental changes Managers to provide speedy responses to environmental changes
Select The Blank
Question Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer vertical ( backward ) integration
True/False
Question Numerator may bring short-term results, but there may be serious long-term sacrifices.
Correct Answer False
Your Answer True
True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question Degree to which the decision maker is accountable for the outcomes of the decision is
Correct Answer accountability
Your Answer ambiguity
Multiple Choice Single Answer
Question It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected events
Correct Answer Emergency alert contriol
Your Answer Emergency alert contriol
Multiple Choice Single Answer
Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy
Correct Answer Crisis
Your Answer Crisis
True/False
Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Horizontal integration is concerned with
Correct Answer product lines
Your Answer product lines
Select The Blank
Question Japan's major productivity gains are the results of social changes brought about by ________
Correct Answer Statistical quality control
Your Answer Statistical quality control
Select The Blank
Question The benefits of a change in process are defined in terms of ________ cost savings
Correct Answer Labour
Your Answer Labour
Select The Blank
Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.
Correct Answer Self-awareness
Your Answer Emotional quotient
True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
Your Answer True
True/False
Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm.
Correct Answer False
Your Answer False
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer Research and planning , Forecasting
Your Answer Research and planning , Forecasting , Departmentalisation
True/False
Question Standards of performance act as the benchmark against which the actual performance is compared.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your Answer Strategy
Select The Blank
Question Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer core competence
Your Answer mission
Multiple Choice Multiple Answer
Question Measures to take corrective action
Correct Answer Checking performance , Reformulate strategies , Standard check
Your Answer Checking performance , Formulate plans , Reformulate strategies
True/False
Question All policies are 'statements'
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question An unhealthy portfolio has
Correct Answer More dogs , Few stars
Your Answer More dogs
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Your Answer by research agencies , by rivals , by consultants
True/False
Question Staffing function applies to all company levels irrespective of levels of hierarchy
Correct Answer True
Your Answer True
Select The Blank
Question ________ should have the ability to develop a visionto see patterns into the future.
Correct Answer Leaders
Your Answer Leaders
Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question A hardware manufacture enters into software is an example of ________integration.
Correct Answer vertical ( forward )
Your Answer horizontal
Select The Blank
Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
Your Answer Self-discipline
Multiple Choice Multiple Answer
Question Merger takes place
Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
True/False
Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
Correct Answer True
Your Answer False
Multiple Choice Single Answer
Question Concentric diversification means
Correct Answer new activity related to existing business
Your Answer new activity related to existing business
Multiple Choice Multiple Answer
Question What is Statistical Quality Control(SQC)
Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Multiple Choice Single Answer
Question Core purpose
Correct Answer mission
Your Answer mission
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Your Answer by employees , by research agencies , by consultants
Multiple Choice Single Answer
Question Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer vision
Your Answer vision
True/False
Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.
Correct Answer False
Your Answer False
True/False
Question Style of a company are the patterns of actions taken by members of top management over a period of time
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Niche marketing means
Correct Answer end user specialist , specific customer specialist , geographic specialist
Your Answer end user specialist , specific customer specialist , research specialist
True/False
Question Focused company is generally protected from competition.
Correct Answer True
Your Answer False
Multiple Choice Single Answer
Question These are moves that will pay off irrespective of what happens in the future
Correct Answer No-regret moves
Your Answer No-regret moves
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer product performance analysis
True/False
Question Counterfeiter copy but with a difference that can be seen.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question Program is a combination of
Correct Answer goals , policies , procedures
Your Answer policies , procedures , corporate strategy
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Your Answer high market share
Multiple Choice Single Answer
Question Contractual entry modes are
Correct Answer licensing / franchising
Your Answer licensing / franchising
Multiple Choice Single Answer
Question It enables the strategists to take corrective action at the right time
Correct Answer Premise control
Your Answer Strategic surveillance
True/False
Question Excelling in one market guarantees success in a new.
Correct Answer False
Your Answer False
Match The Following
Question Correct Answer Your Answer
Maintain strategy stable environment stable environment
Market follower are imitator imitator
Market challenger are bypass attack bypass attack
Turnaround strategy V.R.S. V.R.S.
Select The Blank
Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.
Correct Answer internal transformation
Your Answer challenge
Multiple Choice Multiple Answer
Question Core ideology
Correct Answer core values , core purpose
Your Answer core values , core purpose , ideas and suggestions
Multiple Choice Multiple Answer
Question Organizational models are
Correct Answer multinational model , international model , global organizational model
Your Answer multinational model , international model , global organizational model
Multiple Choice Multiple Answer
Question Business is rated on which dimensions
Correct Answer Market attractiveness , Business strength
Your Answer Market attractiveness , Business strength , Competition level
Multiple Choice Multiple Answer
Question supplier & technological environment is concerned with
Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Multiple Choice Single Answer
Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the
Correct Answer Environment Protection Act
Your Answer Law
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer channel members, customers, suppliers etc.
Select The Blank
Question ________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer Traditional
Your Answer Traditional
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer product performance analysis
Multiple Choice Multiple Answer
Question Strategic intent
Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Your Answer ambitions in proportion to their existing resources & capabilities , what the organization strives for. , concept of optimization
Multiple Choice Single Answer
Question Corporate strategy ensures
Correct Answer fit between the firm and its environment
Your Answer fit between the firm and its environment
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management
Select The Blank
Question Strategic evaluation determines the effectiveness of ________
Correct Answer Strategy
Your Answer Strategy
True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer True
Match The Following
Question Correct Answer Your Answer
Comparative analysis is historical analysis Reengineering
Benchmarking is competitive analysis competitive analysis
Michael Hammer & James Chapy Reengineering value chain analysis
GDP stands for gross domestic product gross domestic product
True/False
Question Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer True
Your Answer True
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental threat & opportunity profile
Multiple Choice Single Answer
Question An approach that strives to follow ethical principles and percepts is
Correct Answer Moral management
Your Answer Moral management
Multiple Choice Multiple Answer
Question The major issues of appraisal system are
Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are
Correct Answer programmed decisions
Your Answer programmed decisions
True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
Your Answer True
Select The Blank
Question ________ models can be described as a system that describe how pieces of business fit together.
Correct Answer Business
Your Answer Modular
Multiple Choice Multiple Answer
Question Principles to manage strategic alliances are
Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Multiple Choice Multiple Answer
Question The preparation of ETOP involves
Correct Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
True/False
Question Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer False
Your Answer False
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question It refers to formal and informal rules, regulations and procedures that complements the company structure
Correct Answer Systems
Your Answer Systems
Select The Blank
Question Displacing competitor is ________ category of goal.
Correct Answer common enemy
Your Answer common enemy
Multiple Choice Single Answer
Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Your Answer Time factor
Multiple Choice Multiple Answer
Question The various areas covered by social responsibility are
Correct Answer Inner Circle , Intermediate circle , Outer Circle
Your Answer Inner Circle , Intermediate circle , Outer Circle
Multiple Choice Single Answer
Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is
Correct Answer significance
Your Answer significance
Select The Blank
Question ________ is the company's most critical and scarest resource.
Correct Answer Capital
Your Answer Capital
Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer weakness of competitors
Multiple Choice Multiple Answer
Question Limitations of Traditional cost accounting are
Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing
Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure
True/False
Question Timing of measurement before hand serves the purpose of evaluation.
Correct Answer False
Your Answer True
Match The Following
Question Correct Answer Your Answer
strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit.
vertical forward integration means becoming your own customer becoming your own customer
horizontal integration means additional product/service for same customers additional product/service for same customers
vertical backward integration means becoming your own supplier becoming your own supplier
Multiple Choice Single Answer
Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy
Correct Answer Strategic surveillance
Your Answer Premise control
Multiple Choice Multiple Answer
Question Factors to be considered while deciding candidates for divestiture are
Correct Answer taxes , availability of buyers , market reaction
Your Answer availability of buyers , market reaction , willingness of employees
Match The Following
Question Correct Answer Your Answer
Board of Directors Link between company & external environment Link between company & external environment
Profit centers S.B.U. s Profit making organizations
S.B.U.s are more focused on their Product line/business Product line/business
Manufacturing strategy Productivity Productivity
Select The Blank
Question Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer Standardisation
Your Answer Standardisation
Multiple Choice Single Answer
Question The aim in stability strategies is-
Correct Answer move slowly & surely
Your Answer move slowly & surely
Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer weakness of competitors
Multiple Choice Single Answer
Question Mass media includes
Correct Answer radio, TV, internet etc.
Your Answer radio, TV, internet etc.
Multiple Choice Single Answer
Question This strategic posture plays a leadership role in establishing how the industry operates
Correct Answer Shapers
Your Answer Shapers
Multiple Choice Multiple Answer
Question Criteria for making an evaluation are
Correct Answer Consistency with goals , Consistency with environment , Money
Your Answer Consistency with goals , Consistency with environment , Knowledge
Multiple Choice Single Answer
Question Secondary sources of information are
Correct Answer newspapers, magazines, journals etc.
Your Answer newspapers, magazines, journals etc.
Multiple Choice Single Answer
Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Your Answer Flotilla
Select The Blank
Question Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question Mass media includes
Correct Answer radio, TV, internet etc.
Your Answer radio, TV, internet etc.
Multiple Choice Multiple Answer
Question The reasons for acquisition are
Correct Answer Increased market power , Increased diversification , Increased speed to market
Your Answer Increased market power , Increased speed to market , Encourage excessive competition
Multiple Choice Multiple Answer
Question Attack strategies are
Correct Answer frontal attack , flank attack , encirclement attack
Your Answer frontal attack , flank attack , encirclement attack
Select The Blank
Question ________ is seen as an integral process that converts materials into goods
Correct Answer Systems
Your Answer Modern Accounting
True/False
Question The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer False
Your Answer False
Select The Blank
Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense.
Correct Answer counteroffensive
Your Answer counteroffensive
True/False
Question Labour satisfaction may result in unethical behaviour as anger.
Correct Answer False
Your Answer False
Select The Blank
Question The ________ are distinct little business set up as units in a larger company
Correct Answer Strategic business Units
Your Answer Strategic business Units
Multiple Choice Single Answer
Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control
Correct Answer Chief executive
Your Answer Board of directors
Select The Blank
Question Control should involve________ amount of information.
Correct Answer Minimum
Your Answer Maximum
True/False
Question Reciprocal responsibility means equal blames and credit.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
Your Answer Capital , Information , Expertise
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer True
True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer True
True/False
Question Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False
Your Answer False
True/False
Question Analysis of variances leads to a plan for corrective action
Correct Answer True
Your Answer True
Select The Blank
Question Bajaj started manufacturing of sunny is an example of ________.
Correct Answer concentration strategy
Your Answer expansion strategy
Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your Answer potentials and competencies of organization.
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question Competenncy models reveal three types of capabilities
Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
Select The Blank
Question Brush your teeth twice a day is an example of expanding the total market by________.
Correct Answer more usage
Your Answer more usage
True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question These following factors determine the desire of risk
Correct Answer Strategies , Resources
Your Answer Strategies , Competence , Time
Multiple Choice Multiple Answer
Question Different kinds of information systems are
Correct Answer Operational level system , Knowledge level system , Management level system
Your Answer Operational level system , Knowledge level system , Management level system
Question They have time based utility
Correct Answer Goals , Resources
Your Answer Goals , Resources
Multiple Choice Multiple Answer
Question Program is a combination of
Correct Answer goals , policies , procedures
Your Answer goals , policies , procedures
True/False
Question Change in company's strategy gives rise to problems necessitating a new structure to be made
Correct Answer True
Your Answer True
Select The Blank
Question Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
Your Answer Time
Multiple Choice Multiple Answer
Question Techniques used in environmental appraisal are
Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Select The Blank
Question Strategic evaluation determines the effectiveness of ________
Correct Answer Strategy
Your Answer Strategy
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental targets & objective process
Select The Blank
Question GATT stands for ________.
Correct Answer general agreement on trade & tariff
Your Answer general agreement on trade & tariff
Multiple Choice Single Answer
Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers
Correct Answer Adapters
Your Answer Adapters
Multiple Choice Multiple Answer
Question Techniques used in environmental appraisal are
Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Multiple Choice Single Answer
Question The tool used for future decision making in 'True Ambiguity' scenario is
Correct Answer Non-linear dynamic model
Your Answer Non-linear dynamic model
Multiple Choice Single Answer
Question A major part of strategy implementation is
Correct Answer resource allocation
Your Answer resource allocation
Multiple Choice Multiple Answer
Question Harveststrategy is used for
Correct Answer Dogs , Question marks
Your Answer Dogs , Stars
Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are
Correct Answer programmed decisions
Your Answer programmed decisions
True/False
Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm.
Correct Answer False
Your Answer False
Match The Following
Question Correct Answer Your Answer
Marketing a product Mass segmentation Life cycle considerations
Environmental Analysis Social, Political, legal & technology Matching, converting, minimizing & avoiding strategies
Swot Analysis Matching, converting, minimizing & avoiding strategies Availability of resources
Marketing strategy Life cycle considerations Mass segmentation
True/False
Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
Correct Answer True
Your Answer True
Select The Blank
Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.
Correct Answer Co-ordination
Your Answer Co-operation
Multiple Choice Single Answer
Question It indicates the degree of differentiation
Correct Answer Structure
Your Answer Style
True/False
Question Focused company is generally protected from competition.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Your Answer by employees , by research agencies , by consultants
Multiple Choice Multiple Answer
Question Three important managerial qualities required for the effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision
True/False
Question Macro environment is the internal environment of a company.
Correct Answer False
Your Answer False
Select The Blank
Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
Your Answer Self-discipline
Multiple Choice Single Answer
Question The aim in stability strategies is-
Correct Answer move slowly & surely
Your Answer move slowly & surely
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer channel members, customers, suppliers etc.
Multiple Choice Multiple Answer
Question Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
Your Answer Capital , Information , Expertise
Match The Following
Question Correct Answer Your Answer
Phase 4 Coordination Coordination
Phase 1 Creativity Creativity
Phase 2 Direction Direction
Phase 3 Delegation Delegation
True/False
Question Micro environment is the internal environment of a company.
Correct Answer True
Your Answer False
Select The Blank
Question A hardware manufacture enters into software is an example of ________ integration.
Correct Answer horizontal
Your Answer diagonal
Multiple Choice Multiple Answer
Question These following factors determine the desire of risk
Correct Answer Strategies , Resources
Your Answer Strategies , Resources , Competence
Select The Blank
Question Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer IR, OB
True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
Your Answer True
True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
Your Answer True
True/False
Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Principles to manage strategic alliances are
Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Your Answer clarity in strategy & responsibilities , blending cultures , adopt win-lose attitude
Select The Blank
Question Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer IR, OB
Select The Blank
Question Control should involve________ amount of information.
Correct Answer Minimum
Your Answer Minimum
Multiple Choice Multiple Answer
Question Competenncy models reveal three types of capabilities
Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
Multiple Choice Single Answer
Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is
Correct Answer CRM
Your Answer CRM
Multiple Choice Multiple Answer
Question supplier & technological environment is concerned with
Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Your Answer quality & no. of suppliers , logistics , raw material , impact of organization on each sector
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer internal analysis
Multiple Choice Single Answer
Question Concentric diversification means
Correct Answer new activity related to existing business
Your Answer new activity related to existing business
Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process
Multiple Choice Single Answer
Question Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer vision
Your Answer policy
True/False
Question The key principle of moral management is "Can we make money with this action decision or behaviour"?
Correct Answer False
Your Answer True
Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
Your Answer long- range planning
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question Three important managerial qualities required for the effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Select The Blank
Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.
Correct Answer Co-ordination
Your Answer Co-ordination
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer competitors
Multiple Choice Single Answer
Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is
Correct Answer CRM
Your Answer CRM
Match The Following
Question Correct Answer Your Answer
Fit SWOT analysis SWOT analysis
Vision what a company wishes to become or aspires to be. what a company wishes to become or aspires to be.
mission what the company is and why it exists. what the company is and why it exists.
BHAG big headed audacious goals big headed audacious goals
True/False
Question According to Michael Porter, the core of efficiency management is strategy.
Correct Answer True
Your Answer False
Multiple Choice Multiple Answer
Question The control process requires the following types of information
Correct Answer Planned performance , Variances , Reasons
Your Answer Planned performance , Variances , Reasons
Multiple Choice Multiple Answer
Question Techniques used in environmental appraisal are
Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer single-variable extrapolation/multivariable interaction analysis , simulation , Dynamic modes and mapping
Multiple Choice Multiple Answer
Question Factors encouraging joint ventures are
Correct Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other
Your Answer uneconomical separate existence , sharing competence of each other , monopoly of one company
Multiple Choice Multiple Answer
Question supplier & technological environment is concerned with
Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Multiple Choice Single Answer
Question Mission
Correct Answer philosophy, public image
Your Answer target
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management
True/False
Question Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Denominator management
Correct Answer cost reduction
Your Answer cost reduction
Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
Your Answer controlling
Select The Blank
Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation
Multiple Choice Multiple Answer
Question A Company's strategy
Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Your Answer Vital ingredient in determinig it's future , Only factor determing it's success or failure , may result in disaster if inappropriate
Select The Blank
Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.
Correct Answer role model
Your Answer role model
Multiple Choice Multiple Answer
Question Factors determining HRP (Human Resource Planning )
Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Multiple Choice Single Answer
Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy
Correct Answer Operational evaluation
Your Answer Operational evaluation
Multiple Choice Multiple Answer
Question Three important managerial qualities required for the effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Match The Following
Question Correct Answer Your Answer
Decision making Managers to develop the courage to make unconventional decisions Managers to develop the courage to make unconventional decisions
Social Responsibility Managers to maintain high ethical standards Managers to maintain high ethical standards
Lateral thinking Managers to learn to deal with chaotic situations Managers to learn to deal with chaotic situations
Responsiveness Managers to provide speedy responses to environmental changes Managers to provide speedy responses to environmental changes
Select The Blank
Question Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer vertical ( backward ) integration
True/False
Question Numerator may bring short-term results, but there may be serious long-term sacrifices.
Correct Answer False
Your Answer True
True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question Degree to which the decision maker is accountable for the outcomes of the decision is
Correct Answer accountability
Your Answer ambiguity
Multiple Choice Single Answer
Question It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected events
Correct Answer Emergency alert contriol
Your Answer Emergency alert contriol
Multiple Choice Single Answer
Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy
Correct Answer Crisis
Your Answer Crisis
True/False
Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Horizontal integration is concerned with
Correct Answer product lines
Your Answer product lines
Select The Blank
Question Japan's major productivity gains are the results of social changes brought about by ________
Correct Answer Statistical quality control
Your Answer Statistical quality control
Select The Blank
Question The benefits of a change in process are defined in terms of ________ cost savings
Correct Answer Labour
Your Answer Labour
Select The Blank
Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.
Correct Answer Self-awareness
Your Answer Emotional quotient
True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
Your Answer True
True/False
Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm.
Correct Answer False
Your Answer False
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer Research and planning , Forecasting
Your Answer Research and planning , Forecasting , Departmentalisation
True/False
Question Standards of performance act as the benchmark against which the actual performance is compared.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your Answer Strategy
Select The Blank
Question Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer core competence
Your Answer mission
Multiple Choice Multiple Answer
Question Measures to take corrective action
Correct Answer Checking performance , Reformulate strategies , Standard check
Your Answer Checking performance , Formulate plans , Reformulate strategies
True/False
Question All policies are 'statements'
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question An unhealthy portfolio has
Correct Answer More dogs , Few stars
Your Answer More dogs
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Your Answer by research agencies , by rivals , by consultants
True/False
Question Staffing function applies to all company levels irrespective of levels of hierarchy
Correct Answer True
Your Answer True
Select The Blank
Question ________ should have the ability to develop a visionto see patterns into the future.
Correct Answer Leaders
Your Answer Leaders
Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question A hardware manufacture enters into software is an example of ________integration.
Correct Answer vertical ( forward )
Your Answer horizontal
Select The Blank
Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
Your Answer Self-discipline
Multiple Choice Multiple Answer
Question Merger takes place
Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
True/False
Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
Correct Answer True
Your Answer False
Multiple Choice Single Answer
Question Concentric diversification means
Correct Answer new activity related to existing business
Your Answer new activity related to existing business
Multiple Choice Multiple Answer
Question What is Statistical Quality Control(SQC)
Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Multiple Choice Single Answer
Question Core purpose
Correct Answer mission
Your Answer mission
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Your Answer by employees , by research agencies , by consultants
Multiple Choice Single Answer
Question Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer vision
Your Answer vision
True/False
Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.
Correct Answer False
Your Answer False
True/False
Question Style of a company are the patterns of actions taken by members of top management over a period of time
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Niche marketing means
Correct Answer end user specialist , specific customer specialist , geographic specialist
Your Answer end user specialist , specific customer specialist , research specialist
True/False
Question Focused company is generally protected from competition.
Correct Answer True
Your Answer False
Multiple Choice Single Answer
Question These are moves that will pay off irrespective of what happens in the future
Correct Answer No-regret moves
Your Answer No-regret moves
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer product performance analysis
True/False
Question Counterfeiter copy but with a difference that can be seen.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question Program is a combination of
Correct Answer goals , policies , procedures
Your Answer policies , procedures , corporate strategy
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Your Answer high market share
Multiple Choice Single Answer
Question Contractual entry modes are
Correct Answer licensing / franchising
Your Answer licensing / franchising
Multiple Choice Single Answer
Question It enables the strategists to take corrective action at the right time
Correct Answer Premise control
Your Answer Strategic surveillance
True/False
Question Excelling in one market guarantees success in a new.
Correct Answer False
Your Answer False
Match The Following
Question Correct Answer Your Answer
Maintain strategy stable environment stable environment
Market follower are imitator imitator
Market challenger are bypass attack bypass attack
Turnaround strategy V.R.S. V.R.S.
Select The Blank
Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.
Correct Answer internal transformation
Your Answer challenge
Multiple Choice Multiple Answer
Question Core ideology
Correct Answer core values , core purpose
Your Answer core values , core purpose , ideas and suggestions
Multiple Choice Multiple Answer
Question Organizational models are
Correct Answer multinational model , international model , global organizational model
Your Answer multinational model , international model , global organizational model
Multiple Choice Multiple Answer
Question Business is rated on which dimensions
Correct Answer Market attractiveness , Business strength
Your Answer Market attractiveness , Business strength , Competition level
Multiple Choice Multiple Answer
Question supplier & technological environment is concerned with
Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Multiple Choice Single Answer
Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the
Correct Answer Environment Protection Act
Your Answer Law
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer channel members, customers, suppliers etc.
Select The Blank
Question ________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer Traditional
Your Answer Traditional
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer product performance analysis
Multiple Choice Multiple Answer
Question Strategic intent
Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Your Answer ambitions in proportion to their existing resources & capabilities , what the organization strives for. , concept of optimization
Multiple Choice Single Answer
Question Corporate strategy ensures
Correct Answer fit between the firm and its environment
Your Answer fit between the firm and its environment
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management
Select The Blank
Question Strategic evaluation determines the effectiveness of ________
Correct Answer Strategy
Your Answer Strategy
True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer True
Match The Following
Question Correct Answer Your Answer
Comparative analysis is historical analysis Reengineering
Benchmarking is competitive analysis competitive analysis
Michael Hammer & James Chapy Reengineering value chain analysis
GDP stands for gross domestic product gross domestic product
True/False
Question Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer True
Your Answer True
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental threat & opportunity profile
Multiple Choice Single Answer
Question An approach that strives to follow ethical principles and percepts is
Correct Answer Moral management
Your Answer Moral management
Multiple Choice Multiple Answer
Question The major issues of appraisal system are
Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are
Correct Answer programmed decisions
Your Answer programmed decisions
True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
Your Answer True
Select The Blank
Question ________ models can be described as a system that describe how pieces of business fit together.
Correct Answer Business
Your Answer Modular
Multiple Choice Multiple Answer
Question Principles to manage strategic alliances are
Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Multiple Choice Multiple Answer
Question The preparation of ETOP involves
Correct Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
True/False
Question Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer False
Your Answer False
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question It refers to formal and informal rules, regulations and procedures that complements the company structure
Correct Answer Systems
Your Answer Systems
Select The Blank
Question Displacing competitor is ________ category of goal.
Correct Answer common enemy
Your Answer common enemy
Multiple Choice Single Answer
Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Your Answer Time factor
Multiple Choice Multiple Answer
Question The various areas covered by social responsibility are
Correct Answer Inner Circle , Intermediate circle , Outer Circle
Your Answer Inner Circle , Intermediate circle , Outer Circle
Multiple Choice Single Answer
Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is
Correct Answer significance
Your Answer significance
Select The Blank
Question ________ is the company's most critical and scarest resource.
Correct Answer Capital
Your Answer Capital
Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer weakness of competitors
Multiple Choice Multiple Answer
Question Limitations of Traditional cost accounting are
Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing
Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure
True/False
Question Timing of measurement before hand serves the purpose of evaluation.
Correct Answer False
Your Answer True
Match The Following
Question Correct Answer Your Answer
strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit.
vertical forward integration means becoming your own customer becoming your own customer
horizontal integration means additional product/service for same customers additional product/service for same customers
vertical backward integration means becoming your own supplier becoming your own supplier
Multiple Choice Single Answer
Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy
Correct Answer Strategic surveillance
Your Answer Premise control
Multiple Choice Multiple Answer
Question Factors to be considered while deciding candidates for divestiture are
Correct Answer taxes , availability of buyers , market reaction
Your Answer availability of buyers , market reaction , willingness of employees
Match The Following
Question Correct Answer Your Answer
Board of Directors Link between company & external environment Link between company & external environment
Profit centers S.B.U. s Profit making organizations
S.B.U.s are more focused on their Product line/business Product line/business
Manufacturing strategy Productivity Productivity
Select The Blank
Question Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer Standardisation
Your Answer Standardisation
Multiple Choice Single Answer
Question The aim in stability strategies is-
Correct Answer move slowly & surely
Your Answer move slowly & surely
Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer weakness of competitors
Multiple Choice Single Answer
Question Mass media includes
Correct Answer radio, TV, internet etc.
Your Answer radio, TV, internet etc.
Multiple Choice Single Answer
Question This strategic posture plays a leadership role in establishing how the industry operates
Correct Answer Shapers
Your Answer Shapers
Multiple Choice Multiple Answer
Question Criteria for making an evaluation are
Correct Answer Consistency with goals , Consistency with environment , Money
Your Answer Consistency with goals , Consistency with environment , Knowledge
Multiple Choice Single Answer
Question Secondary sources of information are
Correct Answer newspapers, magazines, journals etc.
Your Answer newspapers, magazines, journals etc.
Multiple Choice Single Answer
Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Your Answer Flotilla
Select The Blank
Question Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question Mass media includes
Correct Answer radio, TV, internet etc.
Your Answer radio, TV, internet etc.
Multiple Choice Multiple Answer
Question The reasons for acquisition are
Correct Answer Increased market power , Increased diversification , Increased speed to market
Your Answer Increased market power , Increased speed to market , Encourage excessive competition
Multiple Choice Multiple Answer
Question Attack strategies are
Correct Answer frontal attack , flank attack , encirclement attack
Your Answer frontal attack , flank attack , encirclement attack
Select The Blank
Question ________ is seen as an integral process that converts materials into goods
Correct Answer Systems
Your Answer Modern Accounting
True/False
Question The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer False
Your Answer False
Select The Blank
Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense.
Correct Answer counteroffensive
Your Answer counteroffensive
True/False
Question Labour satisfaction may result in unethical behaviour as anger.
Correct Answer False
Your Answer False
Select The Blank
Question The ________ are distinct little business set up as units in a larger company
Correct Answer Strategic business Units
Your Answer Strategic business Units
Multiple Choice Single Answer
Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control
Correct Answer Chief executive
Your Answer Board of directors
Select The Blank
Question Control should involve________ amount of information.
Correct Answer Minimum
Your Answer Maximum
True/False
Question Reciprocal responsibility means equal blames and credit.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
Your Answer Capital , Information , Expertise
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer True
True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer True
True/False
Question Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False
Your Answer False
True/False
Question Analysis of variances leads to a plan for corrective action
Correct Answer True
Your Answer True
Select The Blank
Question Bajaj started manufacturing of sunny is an example of ________.
Correct Answer concentration strategy
Your Answer expansion strategy
Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your Answer potentials and competencies of organization.
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question Competenncy models reveal three types of capabilities
Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
Select The Blank
Question Brush your teeth twice a day is an example of expanding the total market by________.
Correct Answer more usage
Your Answer more usage
True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question These following factors determine the desire of risk
Correct Answer Strategies , Resources
Your Answer Strategies , Competence , Time
Multiple Choice Multiple Answer
Question Different kinds of information systems are
Correct Answer Operational level system , Knowledge level system , Management level system
Your Answer Operational level system , Knowledge level system , Management level system
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