LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer 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 Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Match The Following Question Correct Answer Your Answer Turnaround Strategies Retrenchments - either internally or externally Retrenchments - either internally or externally Retrenchment Strategies Contraction of activities through elimination of the scope of one or more of its business Contraction of activities through elimination of the scope of one or more of its business Divestment Strategies Involves the sale or liquidation of a portion of a business Involves the sale or liquidation of a portion of a business Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True 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 ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control 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 , Individual appraisal Multiple Choice Single Answer 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 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 Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business 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 Multiple Choice Single Answer 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 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 The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour 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 Multiple Choice Single Answer Question Degree to which the decision maker is accountable for the outcomes of the decision is Correct Answer accountability Your Answer accountability Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer 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 True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False Multiple Choice Single Answer 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 Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False 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 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. True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer Your Answer True True 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 A hardware manufacture enters into software is an example of ________ integration. Correct Answer horizontal Your Answer vertical ( forward) 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 Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation 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 Culture Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning 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 Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis True/False Question Scheduling is a part of strategic management. 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 Single Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength 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 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 These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources Multiple Choice Multiple Answer 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