Question Three important managerial qualities required for the effective strategic management

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SM assgn : Seema
Multiple Choice Multiple Answer
Question
Three important managerial qualities required for the effective
strategic management
Correct Answer
Vision , Conceptual, human & intellectual skills , Decision making
ability
Your Answer
communication skills , Decision making ability , Vision
Select The Blank
Question
Correct Answer
Formal systems are adopted to bring ________ & amalgamation of
decentralized units into product groups.
Co-ordination
Your Answer
Centralization
Select The Blank
Question
Correct Answer
A cycling accessory firm strive to become 'the nike of the cycling
industry' is ________category of goal.
role model
Your Answer
role model
Multiple Choice Multiple Answer
Question
supplier & technological environment is concerned with
Correct Answer
Your Answer
True/False
Question
quality & no. of suppliers , logistics , raw material , trends and rate of
change of technology
quality & no. of suppliers , logistics , raw material , trends and rate of
change of technology
Correct Answer
The actual performance deviates positively over the budgeted
performanve. This is an indication of superior performance
True
Your Answer
True
Multiple Choice Single Answer
Question
A Large-scale community development project was funded to enable
farmers to use local resources effectively by
Correct Answer
Asian Paints
Your Answer
Asian Paints
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
Multiple Choice Single Answer
Shapers
Question
Correct Answer
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
Capital structure planning
Your Answer
Structural planning
Multiple Choice Single Answer
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
Multiple Choice Multiple Answer
Question
What is Statistical Quality Control(SQC)
Correct Answer
Your Answer
True/False
Question
Identifies quality and productivity from a production process ,
Identifies impact of any change on performance , Instantly spots
malfunctions and show where they occur
Identifies quality and productivity from a production process ,
Identifies impact of any change on performance , Instantly spots
malfunctions and show where they occur
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
True
Multiple Choice Multiple Answer
Question
Factors to be considered in political- legal environmental scanning are
Correct Answer
Your Answer
True/False
Question
govt. policies, stability, philosophy of govt. , legal system,
implementation, infrastructure , import-export
govt. policies, stability, philosophy of govt. , legal system,
implementation, infrastructure , import-export
Correct Answer
The environment of any organization is "the aggregate of all
conditions, events and influences that surround and affect it."
True
Your Answer
True
Multiple Choice Single Answer
Question
These people are charged with the responsibility of continuous
screening of performance?
Correct Answer
Audit committee
Your Answer
Multiple Choice Single Answer
Audit committee
Question
Correct Answer
Magnitude of the decision outcome and scope of their impact on the
decision maker's domain of activity is
significance
Your Answer
risk
True/False
Question
Correct Answer
Budgets are plans expressed in numerical terms usually in financial
terms
True
Your Answer
True
Multiple Choice Multiple Answer
Question
The various models of social responsibility are
Correct Answer
Vendors Model , Civic Model , Austere Model
Your Answer
Civic Model , Austere Model , Vendors Model
True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
False
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
The reasons for acquisition are
Correct Answer
Your Answer
True/False
Question
Increased market power , Increased diversification , Increased speed
to market
Increased market power , Increased diversification
Correct Answer
Companies have strenghts in a number of areas but their key
strength are few in number
True
Your Answer
True
True/False
Question
Correct Answer
Business ethics is how personal norms do not apply to activities &
goals of a commercial firm.
False
Your Answer
False
Select The Blank
Question
Correct Answer
Like roots of a tree, ________of organization is hidden from direct
view.
core competence
Your Answer
mission
Select The Blank
Question
Displacing competitor is ________ category of goal.
Correct Answer
common enemy
Your Answer
competitive
Multiple Choice Single Answer
Question
It indicates the degree of differentiation
Correct Answer
Structure
Your Answer
Structure
Select The Blank
Question
Strategic evaluation determines the effectiveness of ________
Correct Answer
Strategy
Your Answer
Strategy
True/False
Question
Correct Answer
The super structure indicates ways in which company's tasks are
integrated or coordinated
True
Your Answer
True
Multiple Choice Multiple Answer
Question
Business is rated on which dimensions
Correct Answer
Market attractiveness , Business strength
Your Answer
Market attractiveness , Business strength , Competition level
Multiple Choice Multiple Answer
Question
An unhealthy portfolio has
Correct Answer
More dogs , Few stars
Your Answer
More dogs , Few stars
Match The Following
Question
Correct Answer
Your 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
Managing SBU's by a corporate
Heartland business
Give the highest priority
Give the highest priority
Multiple Choice Multiple Answer
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
Chartered accountant , Auditor , Financial controller
Multiple Choice Single Answer
Question
It is the process of selecting people for company positions and
developing skills and abilities for assignments in the company
Correct Answer
Staffing
Your Answer
True/False
Question
Staffing
Correct Answer
The actual performance matches the budgeted performance. This is a
realistic situation.
False
Your Answer
True
Select The Blank
Question
Correct Answer
Companies employ trained ________ to develop "competency
models" to identify potential leaders
Psychologists
Your Answer
Psychologists
Multiple Choice Single Answer
Question
W in SWOT stands for
Correct Answer
inherent inadequacy of organization
Your Answer
weakness of competitors
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
Multiple Choice Multiple Answer
Question
Factors encouraging joint ventures are
Correct Answer
uneconomical separate existence , risk of business gets shared ,
sharing competence of each other
Your Answer
Select The Blank
Question
uneconomical separate existence , risk of business gets shared ,
sharing competence of each other
Correct Answer
________cost accounting measures the cost of producing and ignores
the cost of non-producing
Traditional
Your Answer
Traditional
Multiple Choice Multiple Answer
Question
Different kinds of information systems are
Correct Answer
Your Answer
Operational level system , Knowledge level system , Management
level system
Operational level system , Knowledge level system , Management
level system
Match The Following
Question
Correct Answer
Your Answer
Comparative analysis is
historical analysis
competitive analysis
Benchmarking is
competitive analysis
Reengineering
Michael Hammer & James Chapy
Reengineering
value chain analysis
GDP stands for
gross domestic product
gross domestic product
Select The Blank
Question
Modern Accounting uses ________ as a unit of measure
Correct Answer
Time
Your Answer
Time
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
Select The Blank
Question
Factors leading to personnel capability are________.
Correct Answer
IR, OB
Your Answer
PR
Select The Blank
Question
Correct Answer
________ relationships are effective in communicating complex
information
Personal
Your Answer
Personal
Multiple Choice Single Answer
Question
It refers to the relatively more durable company arrangements and
relationships
Correct Answer
Structure
Your Answer
True/False
Question
Structure
Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer
False
Your Answer
False
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
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