LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question
The control process requires the following types of information
Correct Answer Planned performance , Variances , Reasons
Your Answer
Planned performance , Variances , Reasons
Select The Blank
Question
Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer Standardisation
Your Answer
Standardisation
True/False
Question
Focused company is generally protected from competition.
Correct Answer True
Your Answer
False
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
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
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
External auditor
Multiple Choice Multiple Answer
Question
The Hallmarks for self-regulation are
Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness
Your Answer
Trust & fairness , Integrity & thoughtfulness , Lack of emotions
Multiple Choice Single Answer
Question
Mission
Correct Answer philosophy, public image
Your Answer
vision
Match The Following
Question
Correct Answer
Your Answer
strategic alliances means
two or more entities join hands
for mutual benefit.
two or more entities join hands for
mutual benefit.
vertical forward integration
means
becoming your own customer
becoming your own customer
horizontal integration means
additional product/service for
same customers
additional product/service for
same customers
vertical backward integration
means
becoming your own supplier
becoming your own supplier
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 Difference between desired and
projected performance
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
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
import-export , govt. policies, stability, philosophy of govt. , legal system,
implementation, infrastructure
Select The Blank
Question
Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
Your Answer
Time
Select The Blank
Question
________ relationships are effective in communicating complex information
Correct Answer Personal
Your Answer
Personal
True/False
Question
HR implementation involues a series of action programme like production,
estimation of raw materials, labour & machine hours.
Correct Answer False
Your Answer
False
Select The Blank
Question
________ is seen as an integral process that converts materials into goods
Correct Answer Systems
Your Answer
Traditional
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
Staffing
Multiple Choice Single Answer
Question
CAP related to internal appraisal of firm stands for
Correct Answer competitive advantage profile
Your Answer
competitive advantage profile
True/False
Question
Numerator may bring short-term results, but there may be serious long-term
sacrifices.
Correct Answer False
Your Answer
False
Select The Blank
Question
Formal systems are adopted to bring ________ & amalgamation of decentralized
units into product groups.
Correct Answer Co-ordination
Your Answer
Co-ordination
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
ITC Ltd.
Multiple Choice Single Answer
Question
Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer
Top Management
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.
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
uneconomical separate existence , risk of business gets shared , sharing
competence of each other
True/False
Question
Change in company's strategy gives rise to problems necessitating a new structure
to be made
Correct Answer True
Your Answer
True
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
Limitations of Traditional cost accounting are
Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing
Your Answer
Assumes factory as an isolated entity , It measures only the cost of producing ,
Savings are in terms of time saved
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
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
True/False
Question
Business ethics is how personal norms do not apply to activities & goals of a
commercial firm.
Correct Answer False
Your Answer
True
True/False
Question
Labour satisfaction may result in unethical behaviour as anger.
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 , Procedure of appraisal , Individual appraisal
True/False
Question
Micro environment is the internal environment of a company.
Correct Answer True
Your Answer
False
True/False
Question
Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer
False
Select The Blank
Question
Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer
vertical ( forward )
Select The Blank
Question
Control should involve________ amount of information.
Correct Answer Minimum
Your Answer
Maximum
True/False
Question
Standards of performance act as the benchmark against which the actual
performance is compared.
Correct Answer True
Your Answer
True
Multiple Choice Multiple Answer
Question
Core ideology
Correct Answer core values , core purpose
Your Answer
core values , core purpose
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
Role
Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer
internal analysis
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
Select The Blank
Question
________ is a deep understanding of ones emotions, strengths, weaknesses,
needs, drives & their effects on self and others.
Correct Answer Self-awareness
Your Answer
Self-awareness
Multiple Choice Single Answer
Question
They are ultimately responsible for all the administrative aspects of strategic
evaluation and control
Correct Answer Chief executive
Your Answer
Board of directors
Select The Blank
Question
Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product
(dairy milk) is an example of ________ defense.
Correct Answer counteroffensive
Your Answer
counteroffensive
Multiple Choice Single Answer
Question
This strategic posture plays a leadership role in establishing how the industry
operates
Correct Answer Shapers
Your Answer
Shapers
Multiple Choice Single Answer
Question
It enables the strategists to take corrective action at the right time
Correct Answer Premise control
Your Answer
Milestone review
Multiple Choice Single Answer
Question
In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your Answer
favorable condition in the organization's environment.
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