LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization 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 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 Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True 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 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 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 Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Style True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False 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 Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control 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 True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False 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 It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems True/False Question Budgets are plans expressed in numerical terms usually in financial terms 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 Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by research agencies , by consultants , by employees Your Answer by employees , by research agencies , by consultants 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 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 Marketing a product Mass segmentation Life cycle considerations Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Availability of resources Marketing strategy Life cycle considerations Mass segmentation 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 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 Multiple Choice Single Answer Question Maintain strategies means Correct Answer no change in strategies Your Answer maintain environmental changes 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 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 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 Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose 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 Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Question marks , Cash cowsCash cowsc 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 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 The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units 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 The tool used for decision making in ' The alternate futures ' scenario is Correct Answer Option Valuation model Your Answer Option Valuation model 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 True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis True/False Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. Correct Answer False Your Answer True 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 Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Myths , Rituals , Style Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets