Strategic Management

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What is the range for a firm’s total weighted score in an External Factor
Evaluation Matrix?
Select correct option:
0 to 5
0 to 4
1 to 5
1 to 4
If Mr. A and Mr. B starts a simple contracting business of building schools.
Here, Mr. A provides the finance, and Mr. B provides the labour by hiring,
compensating and managing labourers. Here, mainly which function of
Management is performed by Mr. B?
Select correct option:
Planning
Motivating
Staffing
Organizing
What does CPM stands for?
Select correct option:
Competitive Porter's Model
Consolidated Profile Model
Competitive Profile Model
Competitive Profile Matrix
Which one of the following statements best explains the purpose of Vision
Statement?
Select correct option:
It shows the company its path way or where it should go.
It shows that the employees of a company are literate.
It shows that the top management of a company is patriotic.
It shows that the top management of a company is not patriotic.
The social factors that affect a firm involve all of the following EXCEPT:
Select correct option:
Attitudes of people in the external environment
Lifestyles of people
Per capita income
Values and beliefs of persons outside the firm
Which one of the following is NOT a basic mission of a competitive intelligence
program?
Select correct option:
To provide a general understanding of an industry
To provide a general understanding of a company’s competitors
To identify industry executives who could be hired by the firm
To identify potential moves a competitor might make that would endanger a
firm
The general conditions for competition that influence business firms, which
provide similar products and services is known:
Select correct option:
Remote environment
International environment
External environment
Industry environment
Who have proposed some of the characteristics of a customer oriented
mission statemen?
Select correct option:
Boston Consultants Doubted
Max Planck
Vern McGinnis
Leon Festinger
which one of the following is a source of corporate information:
Select correct option:
Moody’s Manuals Doubted
Gantt Charts
Likert Scale
Nominal Scale
Which one of the statements below is TRUE in the context of Strategic
Management:Select correct option:
Natural resources are abundant.
Natural Resources are unlimited.
Natural Resources are scarce.
Natural Resources are every where
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