True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question Attack strategies are
Correct Answer frontal attack , flank attack , encirclement attack
Your Answer flank attack , encirclement attack , frontal attack
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 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
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Your Answer focus
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
Multiple Choice Single Answer
Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company
Correct Answer Staffing
Your Answer Staffing
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
True/False
Question Under functional strategics we have vertical fit & horizontal fit.
Correct Answer True
Your Answer True
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 , Type & quality of information
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 Single Answer
Question A pictorial depiction of various outcomes of a decision is
Correct Answer decision tree
Your Answer decision tree
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 Standards of performance act as the benchmark against which the actual performance is compared.
Correct Answer True
Your Answer True
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 Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process
Select The Blank
Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Inspiration
Match The Following
Question Correct Answer Your Answer
Programs Combination of goals, policies, rules Combination of goals, policies, rules
Policies General statements and understanding which, guide thinking in decision-making General statements and understanding which, guide thinking in decision-making
Procedures Are plans and a guide to action Are plans and a guide to action
Rules Spell out specific action or non-action Spell out specific action or non-action
Multiple Choice Multiple Answer
Question Measures to take corrective action
Correct Answer Checking performance , Reformulate strategies , Standard check
Your Answer Checking performance , Formulate plans , Standard check
Multiple Choice Single Answer
Question General Electric Matrix is divided into how many cells
Correct Answer 9
Your Answer 9
Select The Blank
Question ________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer Traditional
Your Answer Traditional
Match The Following
Question Correct Answer Your Answer
Crisis Management leads to organisational learning First step of signal detection
Milestone review Another method of implementation control Balanced approach to evaluation
Long and short term controls Balanced approach to evaluation Actual and budgeted performance
Variance Actual and budgeted performance Chacking of performance
Multiple Choice Single Answer
Question A Large-scale community development project was funded to enable farmers to use local resources effectively by
Correct Answer Asian Paints
Your Answer BHEL
Multiple Choice Single Answer
Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications
Correct Answer Board of director
Your Answer Chief executive
True/False
Question Change in company's strategy gives rise to problems necessitating a new structure to be made
Correct Answer True
Your Answer False
Select The Blank
Question Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer IR, OB
Select The Blank
Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.
Correct Answer Delegation
Your Answer Delegation
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.
Select The Blank
Question GATT stands for ________.
Correct Answer general agreement on trade & tariff
Your Answer general agreement on trade & tariff
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer False
True/False
Question Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer False
Your Answer True
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
True/False
Question Focused company is generally protected from competition.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question It enables the strategists to take corrective action at the right time
Correct Answer Premise control
Your Answer Premise control
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 structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
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 Strategic management is concerned with
Correct Answer long- range planning
Your Answer long- range planning
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
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 qualitative
Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your Answer favorable condition in the organization's environment.
Select The Blank
Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
Your Answer Self-discipline
Multiple Choice Single Answer
Question Denominator management
Correct Answer cost reduction
Your Answer maintain discipline
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 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
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental threat & opportunity profile
Multiple Choice Single Answer
Question Vertical integration is concerned with
Correct Answer supply chain
Your Answer supply chain
4.
1. vertical forward integration means
1. becoming your own supplier
2. horizontal integration means
2. additional product/service for same customers
3. vertical backward integration means
3. one company buys another company.
4. strategic alliances means
4. two or more entities join hands for mutual benefit.
5. becoming supplier for another company
6. becoming your own customer
1. Gap analysis
1. Misfit with understanding of critical success factors
2. Corporate parenting
2. Fit well but low opportunities
3. Heartland business
3. Give the highest priority
4. Ballast business
4. Some fit and some misfit
5. Difference between desired and projected performance
6. Managing SBU's by a corporate
4. identifies the impact of any change on performance
31. The reasons for acquisition are
a)
b)
c)
d)
Increased market power
Increased diversification
Increased speed to market
Encourage excessive competition
34. Attack strategies are
a)
b)
c)
d)
frontal attack
flank attack
encirclement attack
Enrichment attack
Strategic Management (4)
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 Strategic management is concerned with
Correct Answer long- range planning
Your Answer long- range planning
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
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 Self-awareness
Select The Blank
Question Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental threat & opportunity profile
Multiple Choice Multiple Answer
Question Harveststrategy is used for
Correct Answer Dogs , Question marks
Your Answer Dogs , Question marks , Stars
Multiple Choice Single Answer
Question The traditional approach towards uncertainity is
Correct Answer Binary
Your Answer Unitary
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 Internal streategies
True/False
Question Macro environment is the internal environment of a company.
Correct Answer False
Your Answer True
Select The Blank
Question The benefits of a change in process are defined in terms of ________ cost savings
Correct Answer Labour
Your Answer Labour
Multiple Choice Single Answer
Question Contractual entry modes are
Correct Answer licensing / franchising
Your Answer independent ventures to get entry in foreign market
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer True
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
True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False
True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
Your Answer True
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
Multiple Choice Single Answer
Question Retrenchment strategy means
Correct Answer contraction of business activities
Your Answer contraction of business activities
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 Strategic evaluation
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 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 Bajaj started manufacturing of sunny is an example of ________.
Correct Answer concentration strategy
Your Answer expansion strategy
Select The Blank
Question Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer Standardisation
Your Answer Goals
Multiple Choice Multiple Answer
Question Niche marketing means
Correct Answer end user specialist , specific customer specialist , geographic specialist
Your Answer specific customer specialist , research specialist
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 It is used extensively in organisation and is concerned with action or performance
Correct Answer Operational control
Your Answer Operational control
Match The Following
Question Correct Answer Your Answer
Turnaround Strategies Retrenchments - either internally or externally Retrenchments by externally only
Retrenchment Strategies Contraction of activities through elimination of the scope of one or more of its business Retrenchments - either internally or externally
Divestment Strategies Involves the sale or liquidation of a portion of a business Involves the sale or liquidation of a portion of a business
True/False
Question Analysis of variances leads to a plan for corrective action
Correct Answer True
Your Answer True
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 taxes , availability of buyers , market reaction
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 Business is rated on which dimensions
Correct Answer Market attractiveness , Business strength
Your Answer Market attractiveness , Profit margin , Competition level
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 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 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 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 Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer vertical ( forward )
Multiple Choice Single Answer
Question The tool used for decision making in 'A range of futures' scenario is
Correct Answer Technology forecasting
Your Answer Technology forecasting
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
True/False
Question Micro environment is the internal environment of a company.
Correct Answer True
Your Answer False
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer product performance analysis
True/False
Question Companies have strenghts in a number of areas but their key strength are few in number
Correct Answer True
Your Answer True
True/False
Question Getting new users is a position defense strategy.
Correct Answer False
Your Answer True
True/False
Question Labour satisfaction may result in unethical behaviour as anger.
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 Core ideology
Correct Answer core values , core purpose
Your Answer core values , core purpose , ideas and suggestions
Select The Blank
Question GATT stands for ________.
Correct Answer general agreement on trade & tariff
Your Answer general agreement on trade & tariff
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
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