SM assgn : Gayatri Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Your Answer 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 , Identifies quality and productivity from a production process , Identifies impact of any change on performance Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Match The Following Question Correct Answer Your Answer Fit SWOT analysis SWOT analysis Vision what a company wishes to become or aspires to be. what a company wishes to become or aspires to be. mission what the company is and why it exists. what the company is and why it exists. BHAG big headed audacious goals big headed audacious goals Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Match The Following Question Correct Answer Your Answer Sharplin S.M. is the formulation & S.M. is the formulation & implementation of plans related to implementation of plans related to total organization. total organization. Glueck S.M. is a stream of decisions & actions S.M. is a stream of decisions & actions Hofer S.M. is the process, which deals with organizational renewal & growth. S.M. is the process, which deals with organizational renewal & growth. Ansoff S.M. is the systematic approach to S.M. is the systematic approach to position and relate firm to its position and relate firm to its environment. environment. 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 Adapters Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Binary 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 It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False True/False Question Correct Answer The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True Your Answer True True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False 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 , Procedure of appraisal Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer Your Answer 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 Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation 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 Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False 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 Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rituals Multiple Choice Single Answer Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer True/False Question Man-power planning Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True True/False Question Correct Answer Style of a company are the patterns of actions taken by members of top management over a period of time True Your Answer True Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization True/False Question 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 Expansion strategy means Correct Answer growth Your Answer growth Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders