Select The Blank
Question Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer Standardisation
Your Answer Standardisation
Multiple Choice Multiple Answer
Question Organizational models are
Correct Answer multinational model , international model , global organizational model
Your Answer international model , global organizational model , multinational model
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 , communication skills
Multiple Choice Single Answer
Question Secondary sources of information are
Correct Answer newspapers, magazines, journals etc.
Your Answer newspapers, magazines, journals etc.
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 S.B.U. s
S.B.U.s are more focused on their Product line/business Product line/business
Manufacturing strategy Productivity Productivity
True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False
True/False
Question According to Michael Porter, the core of efficiency management is strategy.
Correct Answer True
Your Answer False
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
Multiple Choice Multiple Answer
Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis
Correct Answer Company secretary , Auditor , Financial controller
Your Answer Company secretary , Chartered accountant , Financial controller
True/False
Question Divestiture is opposed to diversification.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Your Answer Systems approach
Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
Your Answer long- range planning
True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
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
Select The Blank
Question GATT stands for ________.
Correct Answer general agreement on trade & tariff
Your Answer global agreement on trade & taxes
Select The Blank
Question Control should involve________ amount of information.
Correct Answer Minimum
Your Answer Formal
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.
Multiple Choice Single Answer
Question Corporate strategy ensures
Correct Answer fit between the firm and its environment
Your Answer Easy availability of resources
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
Select The Blank
Question ________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer Traditional
Your Answer Traditional
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 Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is
Correct Answer familiarity
Your Answer familiarity
Multiple Choice Single Answer
Question The process of forecasting an organization's future demands for and supply of right type of people in right number is
Correct Answer Man-power planning
Your Answer Man-power planning
Select The Blank
Question A hardware manufacture enters into software is an example of ________integration.
Correct Answer vertical ( forward )
Your Answer horizontal
Multiple Choice Single Answer
Question Mission
Correct Answer philosophy, public image
Your Answer target
Multiple Choice Single Answer
Question These people are charged with the responsibility of continuous screening of performance?
Correct Answer Audit committee
Your Answer Audit committee
Select The Blank
Question Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists
Multiple Choice Single Answer
Question Financial environment is concerned with
Correct Answer demand & supply of money, capital markets
Your Answer demand & supply of money, capital markets
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental threat & opportunity profile
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 False
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 They are ultimately responsible for all the administrative aspects of strategic evaluation and control
Correct Answer Chief executive
Your Answer Chief executive
Multiple Choice Single Answer
Question Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer vision
Your Answer vision
Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process
Multiple Choice Multiple Answer
Question The various models of social responsibility are
Correct Answer Austere Model , Vendors Model , Civic Model
Your Answer Austere Model , Vendors Model , Civic Model
True/False
Question All policies are 'statements'
Correct Answer False
Your Answer False
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 Attack strategies are
Correct Answer frontal attack , flank attack , encirclement attack
Your Answer frontal attack , flank attack , encirclement attack
True/False
Question Standards of performance act as the benchmark against which the actual performance is compared.
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 Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management
Multiple Choice Single Answer
Question Core purpose
Correct Answer mission
Your Answer mission
True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
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
Select The Blank
Question ________ is a modern plant consisting of modules centered around a stage in the production process
Correct Answer Flotilla concept
Your Answer Flotilla concept
Multiple Choice Multiple Answer
Question Factors to be considered in political- legal environmental scanning are
Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure
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
Strategic Management 2
Select The Blank
Question Bajaj started manufacturing of sunny is an example of ________.
Correct Answer concentration strategy
Your Answer expansion strategy
True/False
Question Focused company is generally protected from competition.
Correct Answer True
Your Answer False
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 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 Multiple Answer
Question Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
Your Answer Information , Expertise , Intelligence
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False
True/False
Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question An unhealthy portfolio has
Correct Answer More dogs , Few stars
Your Answer More dogs , Few stars
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
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
Multiple Choice Single Answer
Question Core purpose
Correct Answer mission
Your Answer mission
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 False
Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer inherent inadequacy of organization
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 Factors to be considered while deciding candidates for divestiture are
Correct Answer taxes , availability of buyers , market reaction
Your Answer market reaction , taxes , availability of buyers
Select The Blank
Question ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.
Correct Answer Operational level systems
Your Answer Operational level systems
Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer inherent inadequacy of organization
Multiple Choice Single Answer
Question The strategies which deal with the relative and restricted function for allocation of resources is
Correct Answer Funcational streategies
Your Answer Funcational streategies
True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question Consolidation strategy means
Correct Answer better profit strategy
Your Answer move slowly & surely
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 The various models of social responsibility are
Correct Answer Austere Model , Vendors Model , Civic Model
Your Answer Austere Model , Vendors Model , Civic Model
True/False
Question Excelling in one market guarantees success in a new.
Correct Answer False
Your Answer False
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer True
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 concerned with
Correct Answer long- range planning
Your Answer long- range planning
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.
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 Single Answer
Question Degree to which the decision maker is accountable for the outcomes of the decision is
Correct Answer accountability
Your Answer accountability
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 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.
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 consultants
True/False
Question Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer True
Your Answer True
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 Strategic evaluation determines the effectiveness of ________
Correct Answer Strategy
Your Answer Strategy
Multiple Choice Multiple Answer
Question Harveststrategy is used for
Correct Answer Dogs , Question marks
Your Answer Question marks , Stars
Select The Blank
Question ________ models can be described as a system that describe how pieces of business fit together.
Correct Answer Business
Your Answer Business
Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer product performance analysis
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management
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 False
Match The Following
Question Correct Answer Your Answer
Comparative analysis is historical analysis historical analysis
Benchmarking is competitive analysis competitive analysis
Michael Hammer & James Chapy Reengineering Reengineering
GDP stands for gross domestic product gross domestic product
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
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 aversion
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 The discipline which deals with what is good and bad and which moral obligation is
Correct Answer Ethics
Your Answer Ethics
The benefits of a change in process are defined in terms of cost savings
Getting new users is a position defense strategy.
True
False
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