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