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