LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer

STRATEGIC MGMT

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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 Operational evaluation

Multiple Choice Multiple Answer

Question Factors to be considered while deciding candidates for divestiture are

Correct Answer taxes , availability of buyers , market reaction

Your Answer taxes , availability of buyers , market reaction


Question Critical resources in the emerging information age are

Correct Answer Information , Expertise , Intelligence

Your Answer Information , Expertise , Intelligence

Match The Following

Question Correct Answer Your Answer

Crisis Management leads to organisational learning leads to organisational learning

Milestone review Another method of implementation control Another method of implementation control

Long and short term controls Balanced approach to evaluation Balanced approach to evaluation

Variance Actual and budgeted performance Actual and budgeted performance

True/False

Question Style of a company are the patterns of actions taken by members of top management over a period of time

Correct Answer True

Your Answer True

True/False

Question The key principle of moral management is "Can we make money with this action decision or behaviour"?

Correct Answer False

Your Answer False

True/False

Question All policies are 'statements'


Your Answer False


Question Competenncy models reveal three types of capabilities

Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient

Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process


Question It refers to formal and informal rules, regulations and procedures that complements the company structure

Correct Answer Systems

Your Answer Systems

Select The Blank

Question ________ identifies the impact of any change on performance

Correct Answer Statistical quality control

Your Answer Statistical quality control

True/False

Question The actual performance matches the budgeted performance. This is a realistic situation.


Your Answer False


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.

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

True/False

Question The super structure indicates ways in which company's tasks are integrated or coordinated

Correct Answer True

Your Answer True


Question Associated external agencies means

Correct Answer channel members, customers, suppliers etc.

Your Answer channel members, customers, suppliers etc.

Select The Blank

Question ETOP stands for ________.

Correct Answer environmental threat & opportunity profile

Your Answer environmental threat & opportunity profile


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 Brush your teeth twice a day is an example of expanding the total market by________.

Correct Answer more usage

Your Answer more usage


Question Niche marketing means

Correct Answer end user specialist , specific customer specialist , geographic specialist

Your Answer end user specialist , specific customer specialist , geographic specialist


Question Strategic management is concerned with

Correct Answer long- range planning

Your Answer long- range planning


Question The Hallmarks for self-regulation are

Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness

Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness


Question T in SWOT, refers to

Correct Answer unfavorable conditions in external environment.

Your Answer unfavorable conditions in external environment.


Question Money is invested by way of

Correct Answer Debt , Equity

Your Answer Debt , Equity


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 Titan going into setting their won retail outlets- this is ________ integration.

Correct Answer vertical ( forward )

Your Answer vertical ( forward )

Select The Blank

Question ________cost accounting measures the cost of producing and ignores the cost of nonproducing

Correct Answer Traditional

Your Answer Traditional


Question Mission

Correct Answer philosophy, public image

Your Answer philosophy, public image


Question The culture of a company is conveyed through

Correct Answer Rites , Myths , Rituals

Your Answer Rites , Myths , Rituals


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

True/False

Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm.


Your Answer True

Select The Blank

Question Module of Flotilla strikes an optimum balance of ________ and flexibility

Correct Answer Standardisation

Your Answer Standardisation


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


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


Question Retrenchment strategy means

Correct Answer contraction of business activities

Your Answer contraction of business activities

True/False

Question Adapter duplicate the leader and claim to be similar or even the same.


Your Answer False

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


Question Investment entry mode are

Correct Answer joint venture/independent ventures/subsidiaries

Your Answer joint venture/independent ventures/subsidiaries

True/False

Question Arranging training program on productivity is a strategic decision.


Your Answer False


Question Program is a combination of

Correct Answer goals , policies , procedures

Your Answer goals , policies , procedures

True/False

Question Scheduling is a part of strategic management.


Your Answer False


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

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

Select The Blank

Question The benefits of a change in process are defined in terms of ________ cost savings

Correct Answer Labour

Your Answer Labour

Select The Blank

Question ________ is seen as an integral process that converts materials into goods

Correct Answer Systems

Your Answer Systems

True/False

Question Macro environment has got immediate impact on business.


Your Answer False


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

LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer

Products

Support

LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer

Add this document to collection(s)

Add this document to saved

Suggest us how to improve StudyLib