LIST OF ATTEMPTED QUESTIONS AND ANSWERS 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 Multiple Choice Single Answer Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy Correct Answer Strategic surveillance Your Answer Strategic surveillance 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 Multiple Choice Single Answer 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 Receivables planning 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 Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority 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 , impact of organization on each sector 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 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 T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in internal environment. Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. 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 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 Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Capital , Information , Expertise Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning 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 ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient 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 Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Knowledge Multiple Choice Single Answer Question 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 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 market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market 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 obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Premise control True/False Question Scheduling is a part of strategic management. 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 Multiple Choice Single Answer 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 operational decisions 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 Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions Middle- level Managers Ensuring proper tactical changes Taking decisions regarding efficient and effective allocation of resources True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Risk , Equity Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum Multiple Choice Single Answer 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 vertical ( forward ) Your Answer vertical ( forward ) True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False 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 ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental targets & objective process Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer newspapers, magazines, journals etc. True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True