Anushka – 2 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer Strategy Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Strategic surveillance 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 Displacing competitor is ________ category of goal. 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 Life cycle considerations 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 Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer strategy Multiple Choice Single Answer Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is Correct Answer CRM Your Answer CRM 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 Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities 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 , Division of labour Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False 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 True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False 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 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 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 Scheduling is a part of strategic management. Correct Answer False Your Answer False True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True Multiple Choice Single Answer 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 Reserve the right to play 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 Multiple Answer Question Critical resources in the emerging information age are Correct Answer Intelligence , Information , Expertise Your Answer Information , Expertise , Intelligence 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 Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal 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 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 Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Single Answer 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 Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Myths True/False Question Environmental competitiveness tends to encourage ethical behaviour. 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 Operational level systems Your Answer Operational level systems Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , 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 ________cost accounting measures the cost of producing and ignores the cost of non-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 Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources 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 Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer SWOT analysis Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , research specialist Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Statistical quality control Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Board of directors Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Direction Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc.