TH150
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9.
The word strategy has been derived from –
(a) Latin
(b) Greek
(c) German
(d) French
_________is the means to achieve
objectives
(a) Policies
(b) Plan
(c) Strategy
(d) Programmer
The results that a company wants to
achieve is/are –
(a) Goal
(b) Union
(c) Mission
(d) Objective
There are ______ levels of strategy
(a) 4
(b) 2
(c) 3
(d) 5
Strategy composed of directional
strategy, portfolio analysis & parenting
strategy is known as
(a) SBU
(b) Corporate strategy
(c) Functional strategy
(d) None of the above
Operational planning is the another
name for –
(a) Strategy formulation
(b) Strategy implementation
(c) Functional strategy
(d) SUB
A broad guideline for decision making is
(a) Policies
(b) Plan
(c) Program
(d) Both (a) and (b)
Oldest decision making theory is the
(a) Intuitive-Emotional
(b) Behavioral –Political
(c) Rational-Analytical
(d) None of the above
Influential people who are really interested in
the actions of a business unit are–
(a) Shareholders
(b) Stakeholders
(c) Promoters
(d) Investors
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10. A statement of the activities or steps
needed to accomplish a single use plan
is called a
(a) Plan
(b) Programme
(c) Policies
(d) Strategy
11. There are _________ sequential
phases of development
(a) 3
(b) 5
(c) 4
(d) 7
12. Strategic management consists of
_______ phases.
(a) 3
(b) 6
(c) 4
(d) 7
13. What is the third phase of strategic
management process?
(a) Establishment of strategic intent
(b) Formulation of strategies
(c) Strategic evaluation & control
(d) Implementation of strategies
14. What is the first phase of strategic
management process?
(a) Strategic evaluation control
(b) Establishment of strategic intent
(c) Formulation of strategies
(d) Implementation of strategies
15. Deals with the setting up of the
organization.
(a) Process implementation
(b) Project implementation
(c) Functional implementation
(d) Resource implementation
16. Deals with productivity process, people
& pace of implementing strategies
(a) Functional implementation
(b) Behavioural implementation
(c) Procedural implementation
(d) Operational implementation
17. ________articulates the position that a
firm would like to attain in the distant
future .
(a) Mission
(b) Goal
(c) Objective
(d) Vision
(1)
TH150
18. Good ________creates faster risk
taking ability and experimentation with
innovative ideas
(a) Vision
(b) Mission
(c) Goal
(d) Objective
19. There are two major components of
vision
(a) Core ideology
(b) Envisioned future
(c) Both (a) and (b)
(d) None of the above
20. Purpose or reason for the existence of
an organizations is its–
(a) Goal
(b) Mission
(c) Vision
(d) Objective
21. A statement which defines the role that
an organization plays in the society.
(a) Goal
(b) Objective
(c) Mission
(d) Vision
22. The cognitive awareness in cause &
effect linking for achieving a goal in the
organization is its
(a) Purpose
(b) Goal
(c) Mission
(d) Objective
23. An organization hopes to accomplish in
future period of time. What is it?
(a) Goal
(b) Objective
(c) Purpose
(d) Mission
24. The ends that state specifically how the
goals shall be achieved refers to
(a) Goals
(b) Purposes
(c) Missions
(d) Objectives
25. Each objective has to be tested on the
basis of its
(a) Quality
(b) Reality
(c) Verifiability
(d) Reliability
XIX
26. There are _______ factors that should
be considered for objective setting .
(a) 3
(b) 4
(c) 5
(d) 6
27. Balanced scorecard approach was
developed by
(a) Robert S. Kalpan
(b) David Norton
(c) Thompson
(d) Both (a) and (b)
28. The relationship among human beings
and other living things that support
them is called
(a) Ecology
(b) Pollution
(c) External environment
(d) None of the above
29. An environment that dealing with
general conditions that influence all
business that provides similar products
& services is its
(a) Economic environment
(b) Business environment
(c) Political environment
(d) Cultural environment
30. Task environment is the another name
for
(a) Industry environment
(b) Political environment
(c) Operating environment
(d) Economic environment
31. The
factors
in
the
immediate
competitive situation that effect a firms
success are classified in the
(a) Operating environment
(b) Industry environment
(c) Economic environment
(d) Political environment
32. Who developed the concept of value
chain analysis?
(a) Porter
(b) David Norton
(c) Thompson
(d) Hunger
33. A set of interlinked value-creating
activities performed by an organization
is called
(a) SWOT
(b) Value chain analysis
(c) Process life cycle
(d) None of the above
(2)
TH150
34. The general tendencies of the courses
of action along which an event takes
place is signified is
(a) Issues
(b) Expectations
(c) Events
(d) Trends
35. Important & specific occurrences taking
place in different environmental sectors
(a) Trends
(b) Events
(c) Expectations
(d) Issues
36. Events, trends, issues & expectations
are the factors of
(a) Environment scanning
(b) Value chain
(c) SWOT
(d) None of the above
37. There are _______ group of techniques
applied in environmental scanning
(a) 7
(b) 6
(c) 9
(d) 8
38. Fixed costs that buyers face with
changing supplies in called the
(a) Opportunity cost
(b) Variable cost
(c) Switching cost
(d) Explicit cost
39. There are _____ steps in the process
of strategic choice
(a) 5
(b) 6
(c) 7
(d) 4
40. In CSF-C stands for
(a) Conditional
(b) Critical
(c) Considering
(d) Cognative
41. The strategist’s interrelationship, power
structure & balance favour
(a) External political consideration
(b) Internal political consideration
(c) Political consideration
(d) None of the above
XIX
42. A set of important subjective factors
that influence strategic choice is refers
to
(a) Time element
(b) Competition
(c) Cost
(d) Both (a) and (b)
43. Strategies that are formulated in
advance to deal with uncertainties that
are a natural part of the business refer
to
(a) Contingency
(b) Natural
(c) Uncertain
(d) External strategies
44. Analysis of the differences between the
projected and desired performance in
the
(a) Gap analysis
(b) Forecasting
(c) Stability analysis
(d) Game theory
45. Master strategy are the another name
for
(a) Big strategies
(b) Grand strategies
(c) Giant strategies
(d) Large strategies
46. There are __________ principles of
grand strategies
(a) 10
(b) 12
(c) 17
(d) 15
47. The principle of grand strategies leads
to enhance performance called
(a) Innovation
(b) Concentrated growth
(c) Horizontal integration
(d) Product development
48. The principle of grand strategies that
occurs when the combined company
profits increases, the strengths and
opportunities
and
decrease
the
weakness and expose to risk
(a) Concentric diversification
(b) Innovation
(c) Turnaround
(d) Concentrated growth
(3)
TH150
49. The principle that involves the scale of the
firm or a major components of a firm
(a) Turnaround
(b) Innovation
(c) Divestiture
(d) Liquidation
50. Interlocking
relationship
between
business and an industry is
(a) Alliances
(b) Combination
(c) Cartels
(d) Consortia
51. In Japan, consortia is known as
(a) Chaebols
(b) Keinetsus
(c) Alliances
(d) Cartels
52. In South Korea, consortia is known as
(a) Keiretsus
(b) Alliance
(c) Syndicate
(d) Chaebols
53. It concerns the managerial exercise of
putting a freshy chosen strategy into
place
(a) Strategy formulation
(b) Strategy implementation
(c) Strategy plan
(d) None of the above
54. What prepares the ground for
managerial tasks and activities for
strategy implementation
(a) Activating Strategies
(b) Managing change
(c) Achieving effectiveness
(d) None of the above
55. The structure that is designed primarily
for exceeding control by superiors over
subordinates is
(a) Horizontal
(b) Vertical
(c) Lateral
(d) Diagonal
56. The type of structure that seeks to
distribute
decision
making
and
operational authority along functional
lines is the
(a) Entrepreneurial structure
(b) Functional structure
(c) Divisional structure
(d) SBU
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57. The part of business organization which
is treated separately for Strategic
management purpose is
(a) SBU
(b) Matrix structure
(c) Network structure
(d) Divisional structure
58. The structure that provides good
exposure to specialists in general
management is
(a) SBU
(b) Entrepreneurial structure
(c) Matrix
(d) Network structure
59. The structure that has the adaptability
to cope with rapid environmental
change is
(a) Network structure
(b) Divisional structure
(c) Functional structure
(d) SBU
60. Blue print of idea is called
(a) Policies
(b) Strategy
(c) Plan
(d) Programme
61. It involves monitoring and evolution of
plans
(a) Strategic formulation
(b) Strategic control
(c) Strategic implementation
(d) None of the above
62. The process of evolution & controls is
divided into ______ parts
(a) 4
(b) 6
(c) 5
(d) 7
63. All ___________ are participants in
strategic evaluation and control.
(a) Shareholders
(b) Stakeholders
(c) Promoters
(d) Investors
64. They are responsible for all the
administrative aspects of strategic
evaluation & control are
(a) Board of directors
(b) Chief executives
(c) Shareholders
(d) Corporate vice president
(4)
TH150
65. The basic types of strategic control are
(a) 5
(b) 3
(c) 4
(d) 6
66. This type of control is designed to
monitor a broad range of events inside
and outside the firm that are likely to
affect the cause of its strategy
(a) Special alert control
(b) Premise control
(c) Strategic surveillance
(d) None of the above
67. Which of the following is not considered
as a level of strategy
(a) Planning level
(b) Corporate level
(c) SBU
(d) Function level
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68. The process of decision making
requires
(a) Goal setting
(b) Objective setting
(c) Planning
(d) Organizing
69. Which of the following is dreamt of
wore than it is articulated?
(a) Mission
(b) Vision
(c) Goal
(d) Policy
70. The result that an organization seeks to
achieve over a long term period is
known as
(a) Long-term objective
(b) Short-term objective
(c) SWOT
(d) None of the above
(5)