Strategic Management - 7

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Multiple Choice Single Answer
Question
Vertical integration is concerned with
Correct Answer
supply chain
Your Answer
supply chain

True/False
Question
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
Correct Answer
True
Your Answer
True

True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
False

True/False
Question
All policies are 'statements'
Correct Answer
False
Your Answer
False

Match The Following
Question
Correct Answer
Your Answer
Rely on short term assessment
Barrier in evaluation
Audit and Executive committee
Premise control
Identifies key assumptions
Identifies key assumptions
Emergency alert control evaluation
Type of strategic control
Control
Strategic evaluation
Effectiveness of strategy
Effectiveness of strategy

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 Multiple Answer
Question
Critical resources in the emerging information age are
Correct Answer
Information , Expertise , Intelligence
Your Answer
Information , Expertise , Intelligence

Multiple Choice Single Answer
Question
It enables the strategists to take corrective action at the right time
Correct Answer
Premise control
Your Answer
Premise control

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
Attack strategies are
Correct Answer
frontal attack , flank attack , encirclement attack
Your Answer
frontal attack , flank attack , encirclement attack

Multiple Choice Multiple Answer
Question
Core ideology
Correct Answer
core values , core purpose
Your Answer
core values , core purpose

Multiple Choice Multiple Answer
Question
Performance is affected by
Correct Answer
Distorted resource allocation , Inappropriate structure , Wrong motivational styles
Your Answer
Distorted resource allocation , Inappropriate structure , Wrong motivational styles

True/False
Question
Analysis of variances leads to a plan for corrective action
Correct Answer
True
Your Answer
True

True/False
Question
Standards of performance act as the benchmark against which the actual performance is compared.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Macro environment
Correct Answer
Political- legal , socio-cultural , economic-demographic
Your Answer
Political- legal , socio-cultural , economic-demographic , technology

Multiple Choice Multiple Answer
Question
Program is a combination of
Correct Answer
goals , policies , procedures
Your Answer
goals , policies , procedures

Select The Blank
Question
Displacing competitor is ________ category of goal.
Correct Answer
common enemy
Your Answer
common enemy

True/False
Question
Counterfeiter copy but with a difference that can be seen.
Correct Answer
False
Your Answer
False

Select The Blank
Question
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.
Correct Answer
internal transformation
Your Answer
target

Select The Blank
Question
GATT stands for ________.
Correct Answer
general agreement on trade & tariff
Your Answer
global agreement on trade & taxes

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 Single Answer
Question
Investment entry mode are
Correct Answer
joint venture/independent ventures/subsidiaries
Your Answer
joint venture/independent ventures/subsidiaries

Multiple Choice Multiple Answer
Question
The reasons for acquisition are
Correct Answer
Increased market power , Increased diversification , Increased speed to market
Your Answer
Increased market power , Increased diversification , Increased speed to market

Multiple Choice Multiple Answer
Question
The Hallmarks for self-regulation are
Correct Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
Your Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness

True/False
Question
Reciprocal responsibility means equal blames and credit.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routined & can be done at a junior level are
Correct Answer
operational decisions
Your Answer
operational decisions

Multiple Choice Multiple Answer
Question
The various areas covered by social responsibility are
Correct Answer
Inner Circle , Intermediate circle , Outer Circle
Your Answer
Inner Circle , Intermediate circle , Outer Circle

Select The Blank
Question
Make or buy decision is related with ________strategy.
Correct Answer
vertical ( backward ) integration
Your Answer
vertical ( backward ) integration

Multiple Choice Single Answer
Question
General Electric Matrix is divided into how many cells
Correct Answer
9
Your Answer
9

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

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
Your Answer
role model

Multiple Choice Single Answer
Question
Denominator management
Correct Answer
cost reduction
Your Answer
cost reduction

Multiple Choice Single Answer
Question
A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is
Correct Answer
Supply chains
Your Answer
Supply chains

Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
internal analysis

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

Select The Blank
Question
________ is a modern plant consisting of modules centered around a stage in the production process
Correct Answer
Flotilla concept
Your Answer
Flotilla concept

True/False
Question
Companies have strenghts in a number of areas but their key strength are few in number
Correct Answer
True
Your Answer
True

True/False
Question
Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Horizontal integration is concerned with
Correct Answer
product lines
Your Answer
product lines

True/False
Question
Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer
False
Your Answer
False

True/False
Question
Three C's affecting today's companies are customer, competition & change
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Mass media includes
Correct Answer
radio, TV, internet etc.
Your Answer
radio, TV, internet etc.

True/False
Question
Focused company is generally protected from competition.
Correct Answer
True
Your Answer
False

Select The Blank
Question
Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer
Standardisation
Your Answer
Standardisation

Multiple Choice Single Answer
Question
T in SWOT, refers to
Correct Answer
unfavorable conditions in external environment.
Your Answer
unfavorable conditions in external environment.

Match The Following
Question
Correct Answer
Your Answer
Market follower are
Imitator
Imitator
Horizontal integration means
Additional product/service for same customers
Additional product/service for same customers
Vertical forward integration means
Becoming your own customer
Becoming your own customer
Position defense means
Fortification around one's territory
Fortification around one's territory

Multiple Choice Multiple Answer
Question
Organizational models are
Correct Answer
multinational model , international model , global organizational model
Your Answer
multinational model , international model , global organizational model