Strategic Management - 25
Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment
& outcomes is
Correct Answer familiarity
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Select The Blank
Question ________ should have the ability to develop a visionto see
patterns into the future.
Correct Answer Leaders
Select The Blank
Question Delay in ________ measurement defeats the purpose of
evaluation.
Correct Answer Time
Multiple Choice Multiple Answer
Question Factors encouraging joint ventures are
Correct Answer uneconomical separate existence , risk of business
gets shared , sharing competence of each other
Select The Blank
Question Tata motors goal of reaching middle class two wheeler owners
is a ________ category of goal.
Correct Answer internal transformation
True/False
Question Systems are formal and informal rules and regulations that
complements the company structure
Correct Answer True
Select The Blank
Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Multiple Choice Single Answer
Question The decisions which are applied to structured or routine
problems are
Correct Answer programmed decisions
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment
& outcomes is
Correct Answer familiarity
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Match The Following
Question Correct Answer Your Answer
Comparative analysis is- historical analysis
Benchmarking is -competitive analysis
Michael Hammer & James Chapy- Reengineering
GDP stands for gross domestic product
Multiple Choice Multiple Answer
Question Techniques used in environmental appraisal are
Correct Answer single-variable extrapolation/multivariable
interaction analysis , structured/ unstructured expert/inexpert opinion ,
Dynamic modes and mapping
True/False
Question Getting new users is a position defense strategy.
Correct Answer False
Multiple Choice Multiple Answer
Question How does 'structure' reduce external uncertainity arising
out of human behaviour
Correct Answer Research and planning , Forecasting
Select The Blank
Question Bajaj started manufacturing of sunny is an example of
________.
Correct Answer concentration strategy
Multiple Choice Multiple Answer
Question Macro environment
Correct Answer Political- legal , socio-cultural ,
economic-demographic
Select The Blank
Question A cycling accessory firm strive to become 'the nike of the
cycling industry' is ________category of goal.
Correct Answer role model
Multiple Choice Multiple Answer
Question They have time based utility
Correct Answer Goals , Resources
Multiple Choice Multiple Answer
Question Factors determining HRP (Human Resource Planning )
Correct Answer Type & Strategy of organisation , Environmental
uncertainties , Type & quality of information
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
True/False
Question The actual performance deviates positively over the budgeted
performanve. This is an indication of superior performance
Correct Answer True
Multiple Choice Single Answer
Question A major part of strategy implementation is
Correct Answer resource allocation
Multiple Choice Single Answer
Question These people are charged with the responsibility of
continuous screening of performance?
Correct Answer Audit committee
Multiple Choice Single Answer
Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Multiple Choice Single Answer
Question It is the process of analyzing, dividing and arranging work
or activities into manageable portion for individuals, sections &
departments
Correct Answer departmentation
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Select The Blank
Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
True/False
Question Staffing function applies to all company levels irrespective
of levels of hierarchy
Correct Answer True
Multiple Choice Multiple Answer
Question Performance is affected by
Correct Answer Distorted resource allocation , Inappropriate
structure , Wrong motivational styles
True/False
Question Three C's affecting today's companies are customer,
competition & change
Correct Answer True
Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
Multiple Choice Single Answer
Question It provides a way to bring in the people dimension in macro
company analysis without using psychological models of human behaviour
Correct Answer Culture
Select The Blank
Question ________ should have the ability to develop a visionto see
patterns into the future.
Correct Answer Leaders
Select The Blank
Question Delay in ________ measurement defeats the purpose of
evaluation.
Correct Answer Time
Multiple Choice Multiple Answer
Question Factors encouraging joint ventures are
Correct Answer uneconomical separate existence , risk of business
gets shared , sharing competence of each other
Select The Blank
Question Tata motors goal of reaching middle class two wheeler owners
is a ________ category of goal.
Correct Answer internal transformation
True/False
Question Systems are formal and informal rules and regulations that
complements the company structure
Correct Answer True
Select The Blank
Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Multiple Choice Single Answer
Question The decisions which are applied to structured or routine
problems are
Correct Answer programmed decisions
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
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
Match The Following
Question- Correct Answer
Marketing a product -Mass segmentation
Environmental Analysis Social, -Political, legal & technology Social,
Swot Analysis -Matching, converting, minimizing & avoiding strategies
Marketing strategy- Life cycle considerations Matching,
True/False
Question The actual performance matches the budgeted performance.
This is a realistic situation.
Correct Answer False
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Multiple Choice Multiple Answer
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.
Multiple Choice Multiple Answer
Question Three important managerial qualities required for the
effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision
making ability , Vision
Multiple Choice Single Answer
Question It is used extensively in organisation and is concerned with
action or performance
Correct Answer Operational control
True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Select The Blank
Question Companies employ trained ________ to develop "competency
models" to identify potential leaders
Correct Answer Psychologists
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
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
Multiple Choice Single Answer
Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Select The Blank
Question The benefits of a change in process are defined in terms of
________ cost savings
Correct Answer Labour
Strategic Management - 24
Multiple Choice Single Answer
Question It refers to formal and informal rules, regulations and
procedures that complements the company structure
Correct Answer Systems
Select The Blank
Question Displacing competitor is ________ category of goal.
Correct Answer common enemy
Multiple Choice Single Answer
Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Multiple Choice Multiple Answer
Question The various areas covered by social responsibility are
Correct Answer Inner Circle , Intermediate circle , Outer Circle
Multiple Choice Single Answer
Question Magnitude of the decision outcome and scope of their impact
on the decision maker's domain of activity is
Correct Answer significance
Select The Blank
Question ________ is the company's most critical and scarest
resource.
Correct Answer Capital
Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
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
True/False
Question Timing of measurement before hand serves the purpose of
evaluation.
Correct Answer False
Match The Following
Question- Correct Answer
strategic alliances means -two or more entities join hands for mutual
benefit.
vertical forward integration means -becoming your own customer
horizontal integration means -additional product/service for same
customers
vertical backward integration means- becoming your own supplier
Multiple Choice Single Answer
Question It is designed to monitor a broad range of events inside and
outside the company that are likely to threaten a firm's strategy
Correct Answer Strategic surveillance
Multiple Choice Multiple Answer
Question Factors to be considered while deciding candidates for
divestiture are
Correct Answer taxes , availability of buyers , market reaction
Match The Following
Question- Correct Answer
Board of Directors Link -between company & external environment Link
Profit centers -S.B.U. s
S.B.U.s are more focused on their- Product line/business
Manufacturing strategy- Productivity
Select The Blank
Question Module of Flotilla strikes an optimum balance of ________
and flexibility
Correct Answer Standardisation
Multiple Choice Single Answer
Question The aim in stability strategies is-
Correct Answer move slowly & surely
Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Multiple Choice Single Answer
Question Mass media includes
Correct Answer radio, TV, internet etc.
Multiple Choice Single Answer
Question This strategic posture plays a leadership role in
establishing how the industry operates
Correct Answer Shapers
Multiple Choice Multiple Answer
Question Criteria for making an evaluation are
Correct Answer Consistency with goals , Consistency with
environment , Money
Multiple Choice Single Answer
Question Secondary sources of information are
Correct Answer newspapers, magazines, journals etc.
Multiple Choice Single Answer
Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Select The Blank
Question Companies employ trained ________ to develop "competency
models" to identify potential leaders
Correct Answer Psychologists
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Multiple Choice Single Answer
Question Mass media includes
Correct Answer radio, TV, internet etc.
Multiple Choice Multiple Answer
Question The reasons for acquisition are
Correct Answer Increased market power , Increased diversification ,
Increased speed to market
Multiple Choice Multiple Answer
Question Attack strategies are
Correct Answer frontal attack , flank attack , encirclement attack
Select The Blank
Question ________ is seen as an integral process that converts
materials into goods
Correct Answer Systems
True/False
Question The actual performance matches the budgeted performance.
This is a realistic situation.
Correct Answer False
Select The Blank
Question Cadbury's add in which Amitabh Bachchan clarifies about the
safety of the product (dairy milk) is an example of ________ defense.
Correct Answer counteroffensive
True/False
Question Labour satisfaction may result in unethical behaviour as
anger.
Correct Answer False
Select The Blank
Question The ________ are distinct little business set up as units in
a larger company
Correct Answer Strategic business Units
Multiple Choice Single Answer
Question They are ultimately responsible for all the administrative
aspects of strategic evaluation and control
Correct Answer Chief executive
Select The Blank
Question Control should involve________ amount of information.
Correct Answer Minimum
True/False
Question Reciprocal responsibility means equal blames and credit.
Correct Answer False
Multiple Choice Multiple Answer
Question Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
True/False
Question Adapter duplicate the leader and claim to be similar or even
the same.
Correct Answer False
True/False
Question Analysis of variances leads to a plan for corrective action
Correct Answer True
Select The Blank
Question Bajaj started manufacturing of sunny is an example of
________.
Correct Answer concentration strategy
Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's
environment.
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Multiple Choice Multiple Answer
Question Competenncy models reveal three types of capabilities
Correct Answer Technical skills , Cognitive skills , Emotional
Intelligence Quotient
Select The Blank
Question Brush your teeth twice a day is an example of expanding the
total market by________.
Correct Answer more usage
True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
Multiple Choice Multiple Answer
Question These following factors determine the desire of risk
Correct Answer Strategies , Resources
Multiple Choice Multiple Answer
Question Different kinds of information systems are
Correct Answer Operational level system , Knowledge level system ,
Management level system
No comments:
Post a Comment