Strategic Management

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
Select The Blank

Question
A hardware manufacture enters into software is an example of ________integration.
Correct Answer
vertical ( forward )
Your Answer
horizontal
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
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

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

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
technology
Select The Blank

Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
internal analysis

Question
The decisions which are applied to structured or routine problems are
Correct Answer
programmed decisions
Your Answer

Question
These following factors determine the desire of risk
Correct Answer
Strategies , Resources
Your Answer
Strategies , Resources , Competence

Question
In SWOT , S stands for
Correct Answer
favorable condition in the organization's environment.
Your Answer
potentials and competencies of organization.

Question
Financial environment is concerned with
Correct Answer
demand & supply of money, capital markets
Your Answer

Question
Harveststrategy is used for
Correct Answer
Dogs , Question marks
Your Answer
True/False
Question
Timing of measurement before hand serves the purpose of evaluation.
Correct Answer
False
Your Answer
False

Question
Degree to which the decision maker is accountable for the outcomes of the decision is
Correct Answer
accountability
Your Answer
accountability
True/False
Question
Systems are formal and informal rules and regulations that complements the company
structure
Correct Answer
True
Your Answer
True

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
Environment Protection Act
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

Question
They are ultimately responsible for all the administrative aspects of strategic evaluation
and control
Correct Answer
Chief executive
Your Answer
External auditor

Question
This portfolio involves major capital investments which will result in either large pay offs
or large losses
Correct Answer
Big bets
Your Answer
Big bets
True/False
Question
Getting new users is a position defense strategy.
Correct Answer
False
Your Answer
False

Question
The objective to maximize value of the enterprize by striking a mean between liquidity,
risk and profitability is
Correct Answer
Receivables planning
Your Answer
Taxation planning
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
Macro environment has got immediate impact on business.
Correct Answer
False
Your Answer
True

Question
Three important managerial qualities required for the effective strategic management
Correct Answer
Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer
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

Question
Money is invested by way of
Correct Answer
Debt , Equity
Your Answer
Debt , Risk , Equity
True/False
Question
Numerator may bring short-term results, but there may be serious long-term sacrifices.
Correct Answer
False
Your Answer
True
Match The Following

Question
Correct Answer
Your Answer
4 Ps are
Product, Price, Place, Promotion
Product, Price, Place, Promotion
Sources of funds
Factor leading to financial capability
Factor leading to financial capability
The retrieval and usage of information
Factor leading to Information Management Capability
Factor leading to Information Management Capability
The Personnel System
Factor leading to Personnel Capability
Factor leading to Personnel Capability

Question
The culture of a company is conveyed through
Correct Answer
Rites , Myths , Rituals
Your Answer
Select The Blank

Question
In a ________ a decentralized structure is achieved & harmonized at the plant & area
levels.
Correct Answer
Delegation
Your Answer
Delegation
True/False
Question
Micro environment is the internal environment of a company.
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

Question
Business is rated on which dimensions
Correct Answer
Market attractiveness , Business strength
Your Answer
Market attractiveness , Business strength , Competition level

Question
It provides a way to bring in the people dimension in macro company analysis without
using psychological models of human behaviour
Correct Answer
Culture
Your Answer
Culture
True/False
Question
According to Michael Porter, the core of efficiency management is strategy.
Correct Answer
True
Your Answer
True

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

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
, import-export

Question
W in SWOT stands for
Correct Answer
inherent inadequacy of organization
Your Answer
inherent inadequacy of organization

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 , risk of business gets shared , sharing competence of
each other

Question
It refers to formal and informal rules, regulations and procedures that complements the
company structure
Correct Answer
Systems
Your Answer
Systems

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
Select The Blank

Question
Control should involve________ amount of information.
Correct Answer
Minimum
Your Answer
Minimum
True/False
Question
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
Business
Select The Blank

Question
Economics of scale requires ________.
Correct Answer
high market share
Your Answer
high market share

Question
Correct Answer
Your Answer
Question
They have time based utility
Correct Answer
Goals , Resources
Your Answer
Employess , Resources
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Question
Vertical integration is concerned with
Correct Answer
supply chain
Your Answer
supply chain
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
True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
False
True/False
Question
All policies are 'statements'
Correct Answer
False
Your Answer
False
Match The Following

Question
Correct Answer
Your Answer
Rely on short term assessment
Barrier in evaluation
Audit and Executive committee
Premise control
Identifies key assumptions
Identifies key assumptions
Emergency alert control evaluation
Type of strategic control
Control
Strategic evaluation
Effectiveness of strategy
Effectiveness of strategy
Select The Blank

Question
Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer
core competence
Your Answer
core competence

Question
Critical resources in the emerging information age are
Correct Answer
Information , Expertise , Intelligence
Your Answer

Question
It enables the strategists to take corrective action at the right time
Correct Answer
Premise control
Your Answer
Premise control

Question
Criteria for making an evaluation are
Correct Answer
Consistency with goals , Consistency with environment , Money
Your Answer
Question
Attack strategies are
Correct Answer
frontal attack , flank attack , encirclement attack
Your Answer

Question
Core ideology
Correct Answer
core values , core purpose
Your Answer
core values , core purpose

Question
Performance is affected by
Correct Answer
Distorted resource allocation , Inappropriate structure , Wrong motivational styles
Your Answer
Distorted resource allocation , Inappropriate structure , Wrong motivational styles
True/False
Question
Analysis of variances leads to a plan for corrective action
Correct Answer
True
Your Answer
True
True/False
Question
Standards of performance act as the benchmark against which the actual performance is
compared.
Correct Answer
True
Your Answer
True

Question
Macro environment
Correct Answer
Political- legal , socio-cultural , economic-demographic
Your Answer
Political- legal , socio-cultural , economic-demographic , technology

Question
Program is a combination of
Correct Answer
goals , policies , procedures
Your Answer
Select The Blank

Question
Displacing competitor is ________ category of goal.
Correct Answer
common enemy
Your Answer
common enemy
True/False
Question
Counterfeiter copy but with a difference that can be seen.
Correct Answer
False
Your Answer
False
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
target
Select The Blank

Question
GATT stands for ________.
Correct Answer
general agreement on trade & tariff
Your Answer
global agreement on trade & taxes

Question
Strategic intent
Correct Answer
obsession with an organization , ambitions in proportion to their existing resources &
capabilities , what the organization strives for.
Your Answer

Question
Investment entry mode are
Correct Answer
joint venture/independent ventures/subsidiaries
Your Answer
joint venture/independent ventures/subsidiaries

Question
The reasons for acquisition are
Correct Answer
Increased market power , Increased diversification , Increased speed to market
Your Answer

Question
The Hallmarks for self-regulation are
Correct Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
Your Answer
True/False
Question
Reciprocal responsibility means equal blames and credit.
Correct Answer
False
Your Answer
True

Question
The decisions which are relate to daily decisions like leave records etc. which are
mundane in nature & highly routined & can be done at a junior level are
Correct Answer
operational decisions
Your Answer

Question
The various areas covered by social responsibility are
Correct Answer
Inner Circle , Intermediate circle , Outer Circle
Your Answer
Select The Blank

Question
Make or buy decision is related with ________strategy.
Correct Answer
vertical ( backward ) integration
Your Answer
vertical ( backward ) integration

Question
General Electric Matrix is divided into how many cells
Correct Answer
9
Your Answer
9

Question
The various models of social responsibility are
Correct Answer
Austere Model , Vendors Model , Civic Model
Your Answer
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

Question
Denominator management
Correct Answer
cost reduction
Your Answer
cost reduction

Question
A network of facilities and distribution that performs the functions of procurement of
materials trasforming into intermediate and finished products & distributing them to
customers is
Correct Answer
Supply chains
Your Answer
Supply chains
Select The Blank

Question
Correct Answer
internal analysis
Your Answer
internal analysis

Question
market research is conducted by
Correct Answer
by employees , by research agencies , by consultants
Your Answer
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
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
Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer
False
Your Answer
False

Question
Horizontal integration is concerned with
Correct Answer
product lines
Your Answer
product lines
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
Three C's affecting today's companies are customer, competition & change
Correct Answer
True
Your Answer
True

Question
Mass media includes
Correct Answer
radio, TV, internet etc.
Your Answer
True/False
Question
Focused company is generally protected from competition.
Correct Answer
True
Your Answer
False
Select The Blank

Question
Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer
Standardisation
Your Answer
Standardisation

Question
T in SWOT, refers to
Correct Answer
unfavorable conditions in external environment.
Your Answer
Match The Following

Question
Correct Answer
Your Answer
Market follower are
Imitator
Imitator
Horizontal integration means
Additional product/service for same customers
Additional product/service for same customers
Vertical forward integration means
Becoming your own customer
Becoming your own customer
Position defense means
Fortification around one's territory
Fortification around one's territory

Question
Organizational models are
Correct Answer
multinational model , international model , global organizational model
Your Answer
multinational model , international model , global organizational model
www.shopperixmall.com
Select The Blank
Question
Factors leading to personnel capability are________.
Correct Answer
IR, OB
Your Answer
IR, OB

Question
Correct Answer
Your Answer

Question
Retrenchment strategy means
Correct Answer
contraction of business activities
Your Answer

Question
The discipline which deals with what is good and bad and which moral obligation is
Correct Answer
Ethics
Your Answer
Ethics
Select The Blank

Question
The benefits of a change in process are defined in terms of ________ cost savings
Correct Answer
Labour
Your Answer
Labour

Question
An approach that strives to follow ethical principles and percepts is
Correct Answer
Moral management
Your Answer
Moral management
Match The Following

Question
Correct Answer
Your Answer
vertical forward integration means
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
strategic alliances means
two or more entities join hands for mutual benefit.
two or more entities join hands for mutual benefit.

Question
Strategic management deals with
Correct Answer
Business process
Your Answer
Business process
Select The Blank

Question
Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer
Time
Your Answer
Time

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
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
False
Select The Blank

Question
________cost accounting measures the cost of producing and ignores the cost of non-
producing
Correct Answer
Traditional
Your Answer
Traditional
True/False
Question
Correct Answer
False
Your Answer
True

Question
Correct Answer
Your Answer

Question
Techniques used in environmental appraisal are
Correct Answer
Your 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
Implementation evaluation

Question
Corporate strategy ensures
Correct Answer
fit between the firm and its environment
Your Answer
Easy availability of resources

Question
Core purpose
Correct Answer
mission
Your Answer
mission

Question
CAP related to internal appraisal of firm stands for
Correct Answer
competitive advantage profile
Your Answer
True/False
Question
The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer
False
Your Answer
False
True/False
Question
Correct Answer
False
Your Answer
False
True/False
Question
Acquisitions which are friendly are termed as "take-overs".
Correct Answer
False
Your Answer
False

Question
Mission
Correct Answer
philosophy, public image
Your Answer
Select The Blank

Question
________ identifies the impact of any change on performance
Correct Answer
Statistical quality control
Your Answer
True/False
Question
Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer
True
Your Answer
True

Question
Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer
vision
Your Answer
vision
Select The Blank

Question
Companies employ trained ________ to develop "competency models" to identify
potential leaders
Correct Answer
Psychologists
Your Answer
Psychologists

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
Board of director
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

Question
Associated external agencies means
Correct Answer
channel members, customers, suppliers etc.
Your Answer
Match The Following

Question
Correct Answer
Your Answer
Benchmarking is
competitive analysis
historical analysis
Michael Hammer & James Chapy
Reengineering
Reengineering
GDP stands for
gross domestic product
Comparative analysis is
historical analysis
True/False
Question
Excelling in one market guarantees success in a new.
Correct Answer
False
Your Answer
False

Question
Various phases of Growth are
Correct Answer
Creativity , Delegation , Co-ordination
Your Answer

Question
Knowledge of the relationships between choices, environment & outcomes is
Correct Answer
familiarity
Your Answer
familiarity

Question
Strategic management is mainly the responsibility of
Correct Answer
Top Management
Your Answer
Top Management

Question
How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer
Research and planning , Forecasting
Your Answer
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
The ________ are distinct little business set up as units in a larger company
Correct Answer
Strategic business Units
Your Answer
Strategic business Units

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

Question
How does 'structure' reduce internal uncertainity arising out of human behaviour
Correct Answer
Control mechanism , Departmentalisation
Your Answer
Control mechanism , Departmentalisation , Specialisation

Question
Factors determining HRP (Human Resource Planning )
Correct Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of
information
Your Answer
information

Question
Strategic management is concerned with
Correct Answer
long- range planning
Your Answer
Select The Blank

Question
Factors leading to personnel capability are________.
Correct Answer
IR, OB
Your Answer
IR, OB
True/False
Question
Correct Answer
True
Your Answer
True

Question
Contractual entry modes are
Correct Answer
licensing / franchising
Your Answer
True/False
Question
Arranging training program on productivity is a strategic decision.
Correct Answer
False
Your Answer
False

Question
Merger takes place
Correct Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates
Your Answer
LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Question
In SWOT , S stands for
Correct Answer
favorable condition in the organization's environment.
Your Answer
Strategy
Select The Blank

Question
Correct Answer
Minimum
Your Answer
Maximum

Question
It enables the strategists to take corrective action at the right time
Correct Answer
Premise control
Your Answer
Strategic surveillance
Match The Following

Question
Correct Answer
Your Answer
Maintain strategy
stable environment
diversification
Market follower are
imitator
bypass attack
Market challenger are
bypass attack
imitator
Turnaround strategy
V.R.S.
differentiation
Select The Blank

Question
Correct Answer
common enemy
Your Answer
competitive
Match The Following

Question
Correct Answer
Your Answer
Marketing a product
Mass segmentation
Availability of resources
Environmental Analysis
Social, Political, legal & technology
Life cycle considerations
Swot Analysis
Matching, converting, minimizing & avoiding strategies
Product formulated
Marketing strategy
Mass segmentation
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

Question
Core purpose
Correct Answer
mission
Your Answer
strategy

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
True/False
Question
Three C's affecting today's companies are customer, competition & change
Correct Answer
True
Your Answer
True
True/False
Question
The super structure indicates ways in which company's tasks are integrated or
coordinated
Correct Answer
True
Your Answer
True

Question
Correct Answer
Your Answer

Question
How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer
Your Answer
Research and planning , Forecasting , Division of labour
Select The Blank

Question
Correct Answer
core competence
Your Answer
core competence
True/False
Question
Correct Answer
False
Your Answer
False

Question
Correct Answer
Your Answer
True/False
Question
Excelling in one market guarantees success in a new.
Correct Answer
False
Your Answer
False

Question
Correct Answer
Your 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
Options

Question
Correct Answer
Your Answer
True/False
Question
Correct Answer
False
Your Answer
False
True/False
Question
Correct Answer
False
Your Answer
True

Question
This strategic posture invests sufficiently to stay in the race but avoids pre-mature
commitments
Correct Answer
Reserve the right to play
Your Answer

Question
Measures to take corrective action
Correct Answer
Checking performance , Reformulate strategies , Standard check
Your Answer
Checking performance , Formulate plans , Standard check

Question
Correct Answer
Intelligence , Information , Expertise
Your Answer
Question
Correct Answer
Your Answer
Select The Blank

Question
________ relationships are effective in communicating complex information
Correct Answer
Personal
Your Answer
Personal
True/False
Question
Correct Answer
False
Your Answer
False

Question
Correct Answer
Your Answer
Select The Blank

Question
Correct Answer
core competence
Your Answer
core competence

Question
Export entry modes are
Correct Answer
direct/indirect export
Your Answer
direct/indirect export

Question
It provides a way to bring in the people dimension in macro company analysis without
using psychological models of human behaviour
Correct Answer
Culture
Your Answer
Class

Question
The culture of a company is conveyed through
Correct Answer
Your Answer
Myths
True/False
Question
Correct Answer
False
Your Answer
True
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
Your Answer

Question
Competenncy models reveal three types of capabilities
Correct Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient
Your Answer
Technical skills , Cognitive skills , Integrity
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
Select The Blank

Question
producing
Correct Answer
Traditional
Your Answer
Mathematical
True/False
Question
Systems are formal and informal rules and regulations that complements the company
structure
Correct Answer
True
Your Answer
True

Question
They have time based utility
Correct Answer
Goals , Resources
Your Answer
Goals , Resources

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
Correct Answer
internal analysis
Your Answer
SWOT analysis

Question
Niche marketing means
Correct Answer
end user specialist , specific customer specialist , geographic specialist
Your Answer
end user specialist , specific customer specialist , research specialist
Select The Blank

Question
________ is seen as an integral process that converts materials into goods
Correct Answer
Systems
Your 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
In a ________ a decentralized structure is achieved & harmonized at the plant & area
levels.
Correct Answer
Delegation
Your Answer
Direction

Question
Associated external agencies means
Correct Answer
Your Answer
True/False
Question
Getting new users is a position defense strategy.
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
Select The Blank

Question
GATT stands for ________.
Correct Answer
general agreement on trade & tariff
Your Answer
global agreement on trade & taxes

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
Your Answer

Question
Correct Answer
Your Answer
Question
The objective to maximize value of the enterprize by striking a mean between liquidity,
risk and profitability is
Correct Answer
Your Answer
Match The Following

Question
Correct Answer
Your Answer
Ballast business
Fit well but low opportunities
Misfit with understanding of critical success factors
Gap analysis
Difference between desired and projected performance
Corporate parenting
Managing SBU's by a corporate
Heartland business
Give the highest priority

Question
Correct Answer
Your Answer
factor on organization , impact of organization on each sector
True/False
Question
Correct Answer
True
Your Answer
True
Question
Correct Answer
Your Answer

Question
T in SWOT, refers to
Correct Answer
Your Answer
unfavorable conditions in internal environment.
Select The Blank

Question
Correct Answer
core competence
Your Answer
core competence
Select The Blank

Question
________ is seen as an integral process that converts materials into goods
Correct Answer
Systems
Your Answer
Systems

Question
The control process requires the following types of information
Correct Answer
Planned performance , Variances , Reasons
Your Answer

Question
Correct Answer
Your Answer
Capital , Information , Expertise
Select The Blank

Question
________ and greater accountability replace formal control.
Correct Answer
Self-discipline
Your Answer
Self-discipline

Question
Correct Answer
Your Answer
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
Select The Blank

Question
Correct Answer
Self-awareness
Your Answer
Emotional quotient

Question
Correct Answer
Your Answer

Question
Criteria for making an evaluation are
Correct Answer
Your Answer
Consistency with goals , Consistency with environment , Knowledge

Question
Core purpose
Correct Answer
mission
Your Answer
mission
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
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

Question
supplier & technological environment is concerned with
Correct Answer
technology
Your Answer
technology

Question
Correct Answer
Your Answer

Question
Correct Answer
Your Answer

Question
Strategic intent
Correct Answer
Your Answer

Question
Correct Answer
Your Answer
True/False
Question
Correct Answer
False
Your Answer
False

Question
The major issues of appraisal system are
Correct Answer
Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Your Answer
Question
It is used extensively in organisation and is concerned with action or performance
Correct Answer
Operational control
Your Answer
Premise control
True/False
Question
Correct Answer
False
Your Answer
True
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

Question
Correct Answer
Your Answer
Match The Following

Question
Correct Answer
Your Answer
Top level Executives
Taking decisions regarding efficient and effective allocation of resources
Ensuring proper tactical changes
Executive summary
Synopsis of marketing plan
Line Managers Responsibility
Ensuring Implementation of marketing actions
Middle- level Managers
True/False
Question
Focused company is generally protected from competition.
Correct Answer
True
Your Answer
False

Question
Secondary sources of information are
Correct Answer
newspapers, magazines, journals etc.
Your Answer

Question
Money is invested by way of
Correct Answer
Debt , Equity
Your Answer
Debt , Risk , Equity
Select The Blank

Question
Correct Answer
Minimum
Your Answer
Maximum

Question
The cornerstone of financial planning process of all organizations because of the cost,
control and risk considerations which influence overall value of the firm is
Correct Answer
Capital structure planning
Your Answer
Capital structure planning
Select The Blank
Question
Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer
Your Answer
True/False
Question
Correct Answer
False
Your Answer
False
True/False
Question
Correct Answer
False
Your Answer
False
Select The Blank

Question
ETOP stands for ________.
Correct Answer
environmental threat & opportunity profile
Your Answer
environmental targets & objective process

Question
Mass media includes
Correct Answer
Your Answer
True/False
Question
Correct Answer
False
Your Answer
True
Labels: Strategic Management (Set - III)
Monday, June 23, 2008
Interview Questions at http://mindgrillQ.blogspot.com
True/False
Question
Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer
True
Your Answer
False

Question
Different kinds of information systems are
Correct Answer
Operational level system , Knowledge level system , Management level system
Your Answer
Knowledge level system , Management level system , Operational level system
Select The Blank

Question
producing
Correct Answer
Traditional
Your Answer
Traditional

Question
It is the most important feature in the implementation of strategic management
Correct Answer
leadership
Your Answer
leadership

Question
The discipline which deals with what is good and bad and which moral obligation is
Correct Answer
Ethics
Your Answer
Ethics

Question
Correct Answer
Your Answer

Question
Horizontal integration is concerned with
Correct Answer
product lines
Your Answer
product lines

Question
The major issues of appraisal system are
Correct Answer
Your Answer
Factors of appraisal , Procedure of appraisal , Individual appraisal

Question
Correct Answer
Your Answer
Match The Following

Question
Correct Answer
Your Answer
Executive summary
Line Managers Responsibility
Middle- level Managers
Top level Executives
Marketing goals

Question
General Electric Matrix is divided into how many cells
Correct Answer
9
Your Answer
4
Match The Following

Question
Correct Answer
Your Answer
Comparative analysis is
historical analysis
value chain analysis
Benchmarking is
Michael Hammer & James Chapy
Reengineering
Reengineering
GDP stands for

Question
Correct Answer
Your Answer
Increased market power , Increased diversification , Encourage excessive competition

Question
These following factors determine the desire of risk
Correct Answer
Strategies , Resources
Your Answer
Resources , Competence , Time , Strategies
True/False
Question
Correct Answer
False
Your Answer
True

Question
Correct Answer
Your Answer
Capital , Information , Expertise

Question
Factors determining HRP (Human Resource Planning )
Correct Answer
information
Your Answer
information

Question
Core purpose
Correct Answer
mission
Your Answer
mission

Question
Mission
Correct Answer
Your Answer
target
Select The Blank

Question
Japan's major productivity gains are the results of social changes brought about by
________
Correct Answer
Your Answer
Michael Porter's model for Industry Analysis
Select The Blank

Question
Correct Answer
common enemy
Your Answer
competitive
True/False
Question
The super structure indicates ways in which company's tasks are integrated or
coordinated
Correct Answer
True
Your Answer
True

Question
Competenncy models reveal three types of capabilities
Correct Answer
Your Answer

Question
Program is a combination of
Correct Answer
Your Answer
goals , policies , corporate strategy

Question
Correct Answer
Your Answer
Austere Model , Vendors Model , Inner Model
Select The Blank
Question
Correct Answer
Self-awareness
Your Answer
Emotional quotient
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

Question
These people are primarily responsible for operating control based on budgeting,
reporting and financial analysis
Correct Answer
Your Answer
Select The Blank

Question
Correct Answer
internal analysis
Your Answer
SWOT analysis
Select The Blank

Question
Correct Answer
core competence
Your Answer
core competence

Question
Correct Answer
Your Answer

Question
It indicates the degree of differentiation
Correct Answer
Structure
Your Answer
Style
Select The Blank

Question
Bajaj started manufacturing of sunny is an example of ________.
Correct Answer
concentration strategy
Your Answer
global strategy

Question
Correct Answer
Your Answer
True/False
Question
Correct Answer
True
Your Answer
True
True/False
Question
Acquisitions which are friendly are termed as "take-overs".
Correct Answer
False
Your Answer
False
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
Correct Answer
False
Your Answer
True

Question
Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer
vision
Your Answer
policy

Question
A network of facilities and distribution that performs the functions of procurement of
materials trasforming into intermediate and finished products & distributing them to
customers is
Correct Answer
Supply chains
Your Answer
Supply chains

Question
Harveststrategy is used for
Correct Answer
Your Answer
Question marks , Stars , Cash cowsCash cowsc

Question
The tool used for decision making in 'A range of futures' scenario is
Correct Answer
Technology forecasting
Your Answer
Analogies and pattern recognition

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 , Yields growth, profits etc , may result in
disaster if inappropriate
Select The Blank

Question
________ relationships are effective in communicating complex information
Correct Answer
Personal
Your Answer
Formal

Question
Correct Answer
Top Management
Your Answer
Top Management
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
Labels: Strategic Management (Set - III)
Interview Questions at http://mindgrillq.blogspot.com
Question
Correct Answer
Your Answer

Question
Correct Answer
Your Answer

Question
Mass media includes
Correct Answer
Your Answer
customer & dealers

Question
What is Statistical Quality Control(SQC)
Correct Answer
Your Answer
change on performance , Integrates manufacturing with business strategy
Select The Blank

Question
Correct Answer
Your Answer
Select The Blank
Question
Correct Answer
Your Answer

Question
Correct Answer
Your Answer
Inner Circle , Outer Circle , Middle Circle
Select The Blank

Question
________ is the drive to achieve beyond one's expectations
Correct Answer
Motivation
Your Answer
Inspiration

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
External auditor
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
True

Question
The decisions which are applied to structured or routine problems are
Correct Answer
Your Answer

Question
CAP related to internal appraisal of firm stands for
Correct Answer
Your Answer

Question
Factors to be considered in political- legal environmental scanning are
Correct Answer
, import-export
Your Answer
, import-export

Question
Denominator management
Correct Answer
cost reduction
Your Answer
cost reduction
True/False
Question
Counterfeiter copy but with a difference that can be seen.
Correct Answer
False
Your Answer
True
True/False
Question
Correct Answer
True
Your Answer
True

Question
Correct Answer
Top Management
Your Answer
Top Management
Select The Blank

Question
Correct Answer
internal analysis
Your Answer
product performance analysis

Question
This strategic posture invests sufficiently to stay in the race but avoids pre-mature
commitments
Correct Answer
Your Answer
Select The Blank

Question
________ and greater accountability replace formal control.
Correct Answer
Self-discipline
Your Answer
Co-operation
True/False
Question
Correct Answer
False
Your Answer
True

Question
Correct Answer
Your Answer
Conceptual, human & intellectual skills , Decision making ability , communication skills
True/False
Question
Correct Answer
False
Your Answer
True

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

Question
Attack strategies are
Correct Answer
Your Answer
frontal attack , flank attack , Enrichment attack

Question
Merger takes place
Correct Answer
Your Answer
between a buyer and a seller , to increase growth rates , to end rivalry between the two

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
Select The Blank
Question
________ identifies the impact of any change on performance
Correct Answer
Your Answer

Question
The Hallmarks for self-regulation are
Correct Answer
Your Answer
Match The Following

Question
Correct Answer
Your Answer
Ballast business
Gap analysis
Corporate parenting
Heartland business
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
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
Modern Accounting uses ________ as a unit of measure
Correct Answer
Time
Your Answer
Possession

Question
Corporate strategy ensures
Correct Answer
Your Answer
True/False
Question
Divestiture is opposed to diversification.
Correct Answer
False
Your Answer
True
Match The Following

Question
Correct Answer
Your Answer
Marketing a product
Mass segmentation
Product formulated
Environmental Analysis
Swot Analysis
Matching, converting, minimizing & avoiding strategies
Availability of resources
Marketing strategy
Product formulated
Question
It is the process of analyzing, dividing and arranging work or activities into manageable
portion for individuals, sections & departments
Correct Answer
departmentation
Your Answer
policy framing

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 , willingness of employees
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

Question
An unhealthy portfolio has
Correct Answer
More dogs , Few stars
Your Answer
More dogs , Few stars

Question
Strategic intent
Correct Answer
Your Answer
obsession with an organization , what the organization strives for. , concept of
optimization
True/False
Question
Correct Answer
False
Your Answer
False
Select The Blank

Question
________ should have the ability to develop a visionto see patterns into the future.
Correct Answer
Leaders
Your Answer
Inspectors

Question
Correct Answer
Your Answer

Question
The control process requires the following types of information
Correct Answer
Your Answer
Planned performance , Variances , Motivation
Select The Blank

Question
Strategic evaluation determines the effectiveness of ________
Correct Answer
Strategy
Your Answer
Strategy

Question
Various phases of Growth are
Correct Answer
Your Answer

Question Knowledge of the relationships between choices, environment
& outcomes is
Correct Answer familiarity
Your Answer familiarity
Select The Blank

Question Economics of scale requires ________.
Correct Answer high market share
Your Answer high market share
Select The Blank

Question ________ should have the ability to develop a visionto see
patterns into the future.
Correct Answer Leaders
Your Answer Leaders
Select The Blank

Question Delay in ________ measurement defeats the purpose of
evaluation.
Correct Answer Time
Your Answer Time

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 , risk of business gets
shared , sharing competence of each other
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 specialization
True/False
Question Systems are formal and informal rules and regulations that
complements the company structure
Correct Answer True
Your Answer True
Select The Blank

Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation

Question The decisions which are applied to structured or routine
problems are
Correct Answer programmed decisions
Your Answer programmed decisions

Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management

Question Knowledge of the relationships between choices, environment
& outcomes is
Correct Answer familiarity
Your Answer familiarity
Select The Blank

Question Economics of scale requires ________.
Correct Answer high market share
Your Answer high market share

Question Strategic management deals with
Correct Answer Business process
Your Answer Business process
Match The Following
Question Correct Answer Your Answer
Comparative analysis is historical analysis historical analysis
Benchmarking is competitive analysis value chain analysis
Michael Hammer & James Chapy Reengineering Reengineering
GDP stands for gross domestic product gross domestic product

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 , simulation ,
Dynamic modes and mapping
True/False
Question Getting new users is a position defense strategy.
Correct Answer False
Your Answer False

Question How does 'structure' reduce external uncertainity arising
out of human behaviour
Correct Answer Research and planning , Forecasting
Your Answer Research and planning , Forecasting , Division of labour ,
Departmentalisation
Select The Blank

Question Bajaj started manufacturing of sunny is an example of
________.
Correct Answer concentration strategy
Your Answer integration strategy

Question Macro environment
Correct Answer Political- legal , socio-cultural ,
economic-demographic
Your Answer Political- legal , socio-cultural , economic-demographic ,
technology
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

Question They have time based utility
Correct Answer Goals , Resources
Your Answer Goals , Employess , Resources

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

Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Your Answer by employees , by research agencies , by consultants
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

Question A major part of strategy implementation is
Correct Answer resource allocation
Your Answer resource allocation

Question These people are charged with the responsibility of
continuous screening of performance?
Correct Answer Audit committee
Your Answer Audit committee
Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Your Answer unfavorable conditions in external environment.

Question It is the process of analyzing, dividing and arranging work
or activities into manageable portion for individuals, sections &
departments
Correct Answer departmentation
Your Answer departmentation

Select The Blank

Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
Your Answer Self-Appraisal
True/False
Question Staffing function applies to all company levels irrespective
of levels of hierarchy
Correct Answer True
Your Answer True

Question Performance is affected by
Correct Answer Distorted resource allocation , Inappropriate
structure , Wrong motivational styles
Your Answer Distorted resource allocation , Inappropriate structure ,
Wrong motivational styles
True/False
Question Three C's affecting today's companies are customer,
competition & change
Correct Answer True
Your Answer True

Question Strategic management is concerned with
Correct Answer long- range planning
Your Answer long- range planning

Question It provides a way to bring in the people dimension in macro
company analysis without using psychological models of human behaviour
Correct Answer Culture
Your Answer Culture
Select The Blank

Question ________ should have the ability to develop a visionto see
patterns into the future.
Correct Answer Leaders
Your Answer Leaders
Select The Blank

Question Delay in ________ measurement defeats the purpose of
evaluation.
Correct Answer Time
Your Answer Time

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 , risk of business gets
shared , sharing competence of each other
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 specialization
True/False
Question Systems are formal and informal rules and regulations that
complements the company structure
Correct Answer True
Your Answer True
Select The Blank

Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation

Question The decisions which are applied to structured or routine
problems are
Correct Answer programmed decisions
Your Answer programmed decisions


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
Match The Following

Marketing a product Mass segmentation Mass segmentation
Environmental Analysis Social, Political, legal & technology Social,
Political, legal & technology
Swot Analysis Matching, converting, minimizing & avoiding strategies Life
cycle considerations
Marketing strategy Life cycle considerations Matching,
converting, minimizing & avoiding strategies
True/False
Question The actual performance matches the budgeted performance.
This is a realistic situation.
Your Answer False
Select The Blank

Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental threat & opportunity profile

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.

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

Question It is used extensively in organisation and is concerned with
action or performance
Correct Answer Operational control
Your Answer Operational control
True/False
Question Acquisitions which are friendly are termed as "take-overs".
Your Answer False
True/False
Question Macro environment has got immediate impact on business.
Your Answer True
Select The Blank

Question Companies employ trained ________ to develop "competency
models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists
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

Question The cornerstone of financial planning process of all
organizations because of the cost, control and risk considerations which
influence overall value of the firm is
Correct Answer Capital structure planning
Your Answer Capital structure planning

Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Your Answer Systems approach
Select The Blank

Question The benefits of a change in process are defined in terms of
________ cost savings
Correct Answer Labour
Your Answer Infrastructure
at 11:03 PM 0 comments Links to this post
Labels: Strategic Management (Set - VIII)
Tuesday, September 8, 2009

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

Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Your Answer Time factor

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

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

Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer weakness of competitors

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.
Your Answer True
Match The Following

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
horizontal integration means additional product/service for same
customers additional product/service for same customers
vertical backward integration means becoming your own supplier

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

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

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

Question The aim in stability strategies is-
Correct Answer move slowly & surely
Your Answer move slowly & surely

Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer weakness of competitors

Question Mass media includes
Correct Answer radio, TV, internet etc.
Your Answer radio, TV, internet etc.

Question This strategic posture plays a leadership role in
establishing how the industry operates
Correct Answer Shapers
Your Answer Shapers

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

Question Secondary sources of information are
Correct Answer newspapers, magazines, journals etc.
Your Answer newspapers, magazines, journals etc.

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
Your Answer False

Question Mass media includes
Correct Answer radio, TV, internet etc.
Your Answer radio, TV, internet etc.

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

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.
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.
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

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.
Your Answer True

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.
Your Answer True
True/False
Question Acquisitions which are friendly are termed as "take-overs".
Your Answer True
True/False
Question Adapter duplicate the leader and claim to be similar or even
the same.
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

Question In SWOT , S stands for
Correct Answer favorable condition in the organization's
environment.
Your Answer potentials and competencies of organization.
True/False
Your Answer False

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.
Your Answer False

Question These following factors determine the desire of risk
Correct Answer Strategies , Resources
Your Answer Strategies , Competence , Time

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

Strategic Management

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