LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False
Question
According to Michael Porter, the core of efficiency
management is strategy.
Correct Answer True
Your Answer
True
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
Strategic management deals with
Correct Answer Business process
Your Answer
Business process
Multiple Choice Single Answer
Question
Financial environment is concerned with
Correct Answer demand & supply of money, capital markets
Your Answer
demand & supply of money, capital markets
Multiple Choice Multiple Answer
Question
Different kinds of information systems are
Correct Answer Operational level system , Knowledge level system ,
Management level system
Your Answer Operational level system , Knowledge level system ,
Management level system
Multiple Choice Single Answer
Question
At this strategic level, the effort is directed at assessing how
well the organisation is pursuing a given strategy
Correct Answer Operational evaluation
Your Answer
Strategic evaluation
Select The Blank
Question
Control should involve________ amount of information.
Correct Answer Minimum
Your Answer
Minimum
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
Emotional quotient
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
Select The Blank
Question
________ is seen as an integral process that converts
materials into goods
Correct Answer Systems
Your Answer
Systems
Select The Blank
Question
Economics of scale requires ________.
Correct Answer high market share
Your Answer
high market share
Select The Blank
Question
Titan going into setting their won retail outlets- this is
________ integration.
Correct Answer vertical ( forward )
Your Answer
True/False
vertical ( forward )
Question
Scheduling is a part of strategic management.
Correct Answer False
Your Answer
False
Multiple Choice Multiple Answer
Question
Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
Your Answer
Expertise , Intelligence
Multiple Choice Single Answer
Question
T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Your Answer
unfavorable conditions in internal environment.
Multiple Choice Single Answer
Question
CAP related to internal appraisal of firm stands for
Correct Answer competitive advantage profile
Your Answer
competitive advantage profile
Multiple Choice Multiple Answer
Question
market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Your Answer
by employees , by research agencies , by consultants
True/False
Question
Arranging training program on productivity is a strategic
decision.
Correct Answer False
Your Answer
False
Multiple Choice Single Answer
Question
Export entry modes are
Correct Answer direct/indirect export
Your Answer
licensing/franchising
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
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
Select The Blank
Question
Strategic evaluation determines the effectiveness of
________
Correct Answer Strategy
Your Answer
Strategy
Match The Following
Question
Correct Answer
Your Answer
Comparative analysis is
historical analysis
historical analysis
Benchmarking is
competitive analysis
competitive analysis
Michael Hammer &
James Chapy
Reengineering
Reengineering
GDP stands for
gross domestic product
gross domestic progress
Select The Blank
Question
________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer
Motivation
Multiple Choice Single Answer
Question
Strategic management is concerned with
Correct Answer long- range planning
Your Answer
long- range planning
Select The Blank
Question
Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer
IR, OB
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
True/False
Question
Business ethics is how personal norms do not apply to
activities & goals of a commercial firm.
Correct Answer False
Your Answer
False
True/False
Question
Macro environment has got immediate impact on business.
Correct Answer False
Your Answer
False
Multiple Choice Single Answer
Question
Corporate strategy ensures
Correct Answer fit between the firm and its environment
Your Answer
fit between the firm and its environment
Multiple Choice Multiple Answer
Question
Program is a combination of
Correct Answer goals , policies , procedures
Your Answer
goals , policies , procedures
Multiple Choice Multiple Answer
Question
How does 'structure' reduce external uncertainity arising out
of human behaviour
Correct Answer Research and planning , Forecasting
Your Answer
Research and planning , Forecasting
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
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
The culture of a company is conveyed through
Correct Answer Rites , Myths , Rituals
Your Answer
Rites , Myths , Rituals
Multiple Choice Single Answer
Question
Core purpose
Correct Answer mission
Your Answer
mission
Multiple Choice Single Answer
Question
These are critical situations that occur unexpectedly and
threaten the course of a firm's strategy
Correct Answer Crisis
Your Answer
Crisis
Multiple Choice Multiple Answer
Question
Harveststrategy is used for
Correct Answer Dogs , Question marks
Your Answer
Dogs , Question marks
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 what the company is and
why it exists.
why it exists.
BHAG
big headed audacious
goals
big headed audacious
goals
Multiple Choice Single Answer
Question
Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer
channel members, customers, suppliers etc.
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
internal transformation
Multiple Choice Single Answer
Question
Expansion strategy means
Correct Answer growth
Your Answer
growth
Multiple Choice Single Answer
Question
Mass media includes
Correct Answer radio, TV, internet etc.
Your Answer
radio, TV, internet etc.
Multiple Choice Single Answer
Question
Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer
Top Management
True/False
Question
Excelling in one market guarantees success in a new.
Correct Answer False
Your Answer
False
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
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