LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question
The control process requires the following types of information
Correct Answer Reasons , Planned performance , Variances
Your Answer
Reasons , Planned performance , Variances
Multiple Choice Single Answer
Question
The tool used for decision making in 'A range of futures' scenario
is
Correct Answer Technology forecasting
Your Answer
Latent demand research
True/False
Question
All policies are 'statements'
Correct Answer False
Your Answer
True
Select The Blank
Question
Brush your teeth twice a day is an example of expanding the
total market by________.
Correct Answer more usage
Your Answer
more usage
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
Multiple Choice Multiple Answer
Question
The reasons for acquisition are
Correct Answer Increased market power , Increased diversification , Increased
speed to market
Your Answer
Increased market power , Increased diversification , Increased
speed to market
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 Single Answer
Question
Export entry modes are
Correct Answer direct/indirect export
Your Answer
direct/indirect export
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
Companies employ trained ________ to develop "competency
models" to identify potential leaders
Correct Answer Psychologists
Your Answer
Psychologists
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 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.
Select The Blank
Question
The ________ are distinct little business set up as units in a
larger company
Correct Answer Strategic business Units
Your Answer
Strategic business Units
Select The Blank
Question
Module of Flotilla strikes an optimum balance of ________ and
flexibility
Correct Answer Standardisation
Your Answer
Standardisation
Multiple Choice Single Answer
Question
It indicates the degree of differentiation
Correct Answer Structure
Your Answer
Culture
True/False
Question
Numerator may bring short-term results, but there may be
serious long-term sacrifices.
Correct Answer False
Your Answer
True
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
Match The Following
Question
Correct Answer
Your Answer
Top level Executives
Taking decisions
regarding efficient and
effective allocation of
resources
Taking decisions regarding
efficient and effective
allocation of resources
Executive summary
Synopsis of marketing
plan
Synopsis of marketing plan
Line Managers
Responsibility
Ensuring Implementation
of marketing actions
Ensuring Implementation
of marketing actions
Middle- level Managers
Ensuring proper tactical
Ensuring proper tactical
changes
changes
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
govt. policies, stability, philosophy of govt. , legal system,
implementation, infrastructure
Multiple Choice Single Answer
Question
Corporate strategy ensures
Correct Answer fit between the firm and its environment
Your Answer
Easy availability of resources
Multiple Choice Single Answer
Question
Core purpose
Correct Answer mission
Your Answer
vision
Select The Blank
Question
________ is seen as an integral process that converts materials
into goods
Correct Answer Systems
Your Answer
Systems
Multiple Choice Single Answer
Question
Strategic management deals with
Correct Answer Business process
Your Answer
Business process
True/False
Question
Counterfeiter copy but with a difference that can be seen.
Correct Answer False
Your Answer
True/False
False
Question
The actual performance matches the budgeted performance.
This is a realistic situation.
Correct Answer False
Your Answer
False
True/False
Question
The actual performance deviates positively over the budgeted
performanve. This is an indication of superior performance
Correct Answer True
Your Answer
True
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 Multiple Answer
Question
Strategic intent
Correct Answer obsession with an organization , ambitions in proportion to their
existing resources & capabilities , what the organization strives
for.
Your Answer
obsession with an organization , ambitions in proportion to their
existing resources & capabilities , what the organization strives
for.
Multiple Choice Single Answer
Question
Empower people through great software anytime , any place, on
any device'- Microsoft
Correct Answer vision
Your Answer
vision
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
Select The Blank
Question
Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer
IR, OB
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
Multiple Choice Single Answer
Question
Mass media includes
Correct Answer radio, TV, internet etc.
Your Answer
radio, TV, internet etc.
Select The Blank
Question
________ is a modern plant consisting of modules centered
around a stage in the production process
Correct Answer Flotilla concept
Your Answer
Flotilla concept
Select The Blank
Question
________ relationships are effective in communicating complex
information
Correct Answer Personal
Your Answer
Personal
Multiple Choice Multiple Answer
Question
What is Statistical Quality Control(SQC)
Correct Answer Identifies quality and productivity from a production process ,
Identifies impact of any change on performance , Instantly spots
malfunctions and show where they occur
Your Answer
Identifies quality and productivity from a production process ,
Identifies impact of any change on performance , Instantly spots
malfunctions and show where they occur
Multiple Choice Single Answer
Question
Strategic management is concerned with
Correct Answer long- range planning
Your Answer
long- range planning
Multiple Choice Multiple Answer
Question
Core ideology
Correct Answer core values , core purpose
Your Answer
core values , core purpose
Select The Blank
Question
Control should involve________ amount of information.
Correct Answer Minimum
Your Answer
Maximum
True/False
Question
Macro environment has got immediate impact on business.
Correct Answer False
Your Answer
False
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
4 Ps are
Product, Price, Place,
Promotion
Product, Price, Place,
Promotion
Sources of funds
Factor leading to financial Factor leading to financial
capability
capability
The retrieval and usage of Factor leading to
Factor leading to
information
Information Management Information Management
Capability
Capability
The Personnel System
Factor leading to
Personnel Capability
Multiple Choice Single Answer
Factor leading to
Personnel Capability
Question
They are ultimately responsible for all the administrative aspects
of strategic evaluation and control
Correct Answer Chief executive
Your Answer
Chief executive
True/False
Question
Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer
False
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
Select The Blank
Question
GATT stands for ________.
Correct Answer general agreement on trade & tariff
Your Answer
general agreement on trade & tariff
Multiple Choice Multiple Answer
Question
The culture of a company is conveyed through
Correct Answer Rites , Myths , Rituals
Your Answer
Rites , Myths , Rituals