LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Question
________cost accounting measures the cost of producing and ignores the
cost of non-producing
Correct Answer Traditional
Your Answer
Traditional
Question
This strategic posture invests sufficiently to stay in the race but avoids premature commitments
Correct Answer Reserve the right to play
Your Answer
Reserve the right to play
True/False
Question
Systems are formal and informal rules and regulations that complements
the company structure
Correct Answer True
Your Answer
True
True/False
Question
Divestiture is opposed to diversification.
Correct Answer False
Your Answer
True
Multiple Choice Multiple Answer
Question
Performance is affected by
Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational
styles
Your Answer
Distorted resource allocation , Leadership , Wrong motivational styles
Match The Following
Question
Correct Answer
Ballast business
Fit well but low opportunities Fit well but low opportunities
Gap analysis
Difference between desired
and projected performance
Difference between desired
and projected performance
Corporate parenting
Managing SBU's by a
corporate
Misfit with understanding of
critical success factors
Heartland business
Give the highest priority
Give the highest priority
Select The Blank
Your Answer
Question
Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer
vertical ( backward ) integration
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question
________cost accounting measures the cost of producing and ignores the
cost of non-producing
Correct Answer Traditional
Your Answer
Traditional
Multiple Choice Multiple Answer
Question
Merger takes place
Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth
rates
Your Answer
between a buyer and a seller , to avail tax concessions , to increase growth
rates
Select The Blank
Question
The benefits of a change in process are defined in terms of ________ cost
savings
Correct Answer Labour
Your Answer
Infrastructure
True/False
Question
Excelling in one market guarantees success in a new.
Correct Answer False
Your Answer
False
Select The Blank
Question
________ and greater accountability replace formal control.
Correct Answer Self-discipline
Your Answer
Team work
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
Select The Blank
Question
Strategic evaluation determines the effectiveness of ________
Correct Answer Strategy
Your Answer
Objectives
Select The Blank
Question
Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer
IR, OB
Multiple Choice Single Answer
Question
Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer
Top Management
True/False
Question
Labour satisfaction may result in unethical behaviour as anger.
Correct Answer False
Your Answer
True
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
single-variable extrapolation/multivariable interaction analysis , structured/
unstructured expert/inexpert opinion , Dynamic modes and mapping
Multiple Choice Multiple Answer
Question
Money is invested by way of
Correct Answer Debt , Equity
Your Answer
Debt , Equity , Return
Multiple Choice Multiple Answer
Question
Macro environment
Correct Answer Political- legal , socio-cultural , economic-demographic
Your Answer
socio-cultural , economic-demographic , technology
Multiple Choice Single Answer
Question
Horizontal integration is concerned with
Correct Answer product lines
Your Answer
product lines
Select The Blank
Question
Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer Standardisation
Your Answer
Standardisation
Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer
product performance analysis
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
Vision , Conceptual, human & intellectual skills , Decision making ability
Multiple Choice Multiple Answer
Question
The culture of a company is conveyed through
Correct Answer Rites , Myths , Rituals
Your Answer
Rites , Rituals , Style
Multiple Choice Single Answer
Question
Investment entry mode are
Correct Answer joint venture/independent ventures/subsidiaries
Your Answer
joint venture/independent ventures/subsidiaries
Multiple Choice Multiple Answer
Question
Various phases of Growth are
Correct Answer Creativity , Delegation , Co-ordination
Your Answer
Creativity , Delegation , Co-ordination
Select The Blank
Question
GATT stands for ________.
Correct Answer general agreement on trade & tariff
Your Answer
general agreement on trade & tariff
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 Multiple Answer
Question
Factors to be considered in political- legal environmental scanning are
Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation,
infrastructure , import-export
Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation,
infrastructure
True/False
Question
Macro environment has got immediate impact on business.
Correct Answer False
Your Answer
False
Multiple Choice Single Answer
Question
This strategic posture invests sufficiently to stay in the race but avoids premature commitments
Correct Answer Reserve the right to play
Your Answer
Reserve the right to play
True/False
Question
Systems are formal and informal rules and regulations that complements the
company structure
Correct Answer True
Your Answer
True
True/False
Question
Divestiture is opposed to diversification.
Correct Answer False
Your Answer
True
Multiple Choice Multiple Answer
Question
Performance is affected by
Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational
styles
Your Answer
Distorted resource allocation , Leadership , Wrong motivational styles
Match The Following
Question
Correct Answer
Ballast business
Fit well but low opportunities Fit well but low opportunities
Gap analysis
Difference between desired
and projected performance
Difference between desired
and projected performance
Corporate parenting
Managing SBU's by a
corporate
Misfit with understanding of
critical success factors
Heartland business
Give the highest priority
Give the highest priority
Your Answer
Select The Blank
Question
Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer
vertical ( backward ) integration
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 ,
local model
Select The Blank
Question
ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer
environmental threat & opportunity profile
Match The Following
Question
Correct Answer
Your Answer
Comparative analysis is
historical analysis
historical analysis
Benchmarking is
competitive analysis
competitive analysis
Michael Hammer & James
Chapy
Reengineering
Reengineering
GDP stands for
gross domestic product
gross domestic product
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
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
True/False
Question
Changes in company structure also necessitates changes in the systems in
various degrees
Correct Answer True
Your Answer
True
Multiple Choice Single Answer
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
Multiple Choice Multiple Answer
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
True/False
Question
Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer True
Your Answer
True
Multiple Choice Single Answer
Question
In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your Answer
potentials and competencies of organization.
Multiple Choice Single Answer
Question
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
An approach that strives to follow ethical principles and percepts is
Correct Answer Moral management
Your Answer
Moral management
Select The Blank
Question
Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer
IR, OB
Multiple Choice Single Answer
Question
Expansion strategy means
Correct Answer growth
Your Answer
growth
Question
Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
Your Answer
Capital , Information , Expertise
Multiple Choice Single Answer
Question
Strategic management is concerned with
Correct Answer long- range planning
Your Answer
long- range planning
True/False
Question
Under functional strategics we have vertical fit & horizontal fit.
Correct Answer True
Your Answer
True