LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question
The tool used for decision making in 'A range of futures' scenario
is
Correct Answer Technology forecasting
Your Answer
Technology forecasting
Multiple Choice Single Answer
Question
Empower people through great software anytime , any place, on
any device'- Microsoft
Correct Answer vision
Your Answer
vision
Select The Blank
Question
Modern Accounting uses ________ as a unit of measure
Correct Answer Time
Your Answer
Time
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 Multiple Answer
Question
Various phases of Growth are
Correct Answer Creativity , Delegation , Co-ordination
Your Answer
Creativity , Delegation , Co-ordination
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
Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer
internal analysis
Select The Blank
Question
Bajaj started manufacturing of sunny is an example of
________.
Correct Answer concentration strategy
Your Answer
concentration strategy
Multiple Choice Multiple Answer
Question
Merger takes place
Correct Answer between a buyer and a seller , to avail tax concessions , to
increase growth rates
Your Answer
between a buyer and a seller , to avail tax concessions , to
increase growth rates
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
True/False
Question
Reciprocal responsibility means equal blames and credit.
Correct Answer False
Your Answer
False
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.
True/False
Question
Standards of performance act as the benchmark against which
the actual performance is compared.
Correct Answer True
Your Answer
True
True/False
Question
Three C's affecting today's companies are customer, competition
& change
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
Select The Blank
Question
Like roots of a tree, ________of organization is hidden from
direct view.
Correct Answer core competence
Your Answer
core competence
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
Criteria for making an evaluation are
Correct Answer Consistency with goals , Consistency with environment , Money
Your Answer
Consistency with goals , Consistency with environment , Money
Multiple Choice Multiple Answer
Question
Core ideology
Correct Answer core values , core purpose
Your Answer
core purpose , core values
Select The Blank
Question
________ and greater accountability replace formal control.
Correct Answer Self-discipline
Your Answer
Self-discipline
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
Match The Following
Question
Correct Answer
Your Answer
Sharplin
S.M. is the formulation &
implementation of plans
related to total
organization.
S.M. is the formulation &
implementation of plans
related to total
organization.
Glueck
S.M. is a stream of
decisions & actions
S.M. is a stream of
decisions & actions
Hofer
S.M. is the process, which S.M. is the process, which
deals with organizational deals with organizational
renewal & growth.
renewal & growth.
Ansoff
S.M. is the systematic
approach to position and
relate firm to its
environment.
S.M. is the systematic
approach to position and
relate firm to its
environment.
Multiple Choice Single Answer
Question
Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer
Top Management
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
T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Your Answer
unfavorable conditions in external environment.
True/False
Question
Timing of measurement before hand serves the purpose of
evaluation.
Correct Answer False
Your Answer
False
Multiple Choice Single Answer
Question
The cornerstone of financial planning process of all
organizations because of the cost, control and risk
considerations which influence overall value of the firm is
Correct Answer Capital structure planning
Your Answer
Capital structure planning
Multiple Choice Multiple Answer
Question
The various areas covered by social responsibility are
Correct Answer Outer Circle , Inner Circle , Intermediate circle
Your Answer
Inner Circle , Intermediate circle , Outer Circle
Multiple Choice Single Answer
Question
Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer
channel members, customers, suppliers etc.
Multiple Choice Multiple Answer
Question
Program is a combination of
Correct Answer goals , policies , procedures
Your Answer
goals , policies , procedures
True/False
Question
Macro environment has got immediate impact on business.
Correct Answer False
Your Answer
False
Multiple Choice Multiple Answer
Question
The various models of social responsibility are
Correct Answer Austere Model , Vendors Model , Civic Model
Your Answer
Austere Model , Vendors Model , Civic Model
Multiple Choice Single Answer
Question
These are moves that will pay off irrespective of what happens in
the future
Correct Answer No-regret moves
Your Answer
No-regret moves
Select The Blank
Question
A hardware manufacture enters into software is an example of
________ integration.
Correct Answer horizontal
Your Answer
vertical ( forward)
Multiple Choice Single Answer
Question
It is based on a trigger mechanism for rapid response and
immediate reassessment of strategy in the light of sudden and
unexpected events
Correct Answer Emergency alert contriol
Your Answer
Emergency alert contriol
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 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
Match The Following
Question
Correct Answer
Your Answer
Decision making
Managers to develop the Managers to develop the
courage to make
courage to make
unconventional decisions unconventional decisions
Social Responsibility
Managers to maintain high Managers to maintain high
ethical standards
ethical standards
Lateral thinking
Managers to learn to deal Managers to learn to deal
with chaotic situations
with chaotic situations
Responsiveness
Managers to provide
speedy responses to
environmental changes
Managers to provide
speedy responses to
environmental changes
Select The Blank
Question
Like roots of a tree, ________of organization is hidden from
direct view.
Correct Answer core competence
Your Answer
core competence
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
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
True/False
Question
Getting new users is a position defense strategy.
Correct Answer False
Your Answer
False
Multiple Choice Single Answer
Question
This strategic posture invests sufficiently to stay in the race but
avoids pre-mature commitments
Correct Answer Reserve the right to play
Your Answer
Reserve the right to play
True/False
Question
Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer
False
True/False
Question
Under functional strategics we have vertical fit & horizontal fit.
Correct Answer True
Your Answer
True
Select The Blank
Question
GATT stands for ________.
Correct Answer general agreement on trade & tariff
Your Answer
general agreement on trade & tariff
True/False
Question
Budgets are plans expressed in numerical terms usually in
financial terms
Correct Answer True
Your Answer
True