Strategic Management - 11

LIST OF ATTEMPTED QUESTIONS AND ANSWERS



True/False
Question
Getting new users is a position defense strategy.
Correct Answer
False
Your Answer
False

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
Your Answer
True

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

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
Your Answer
Strategic surveillance

Multiple Choice Single Answer
Question
Financial environment is concerned with
Correct Answer
demand & supply of money, capital markets
Your Answer
demand & supply of money, capital markets

Multiple Choice Single Answer
Question
The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is
Correct Answer
Receivables planning
Your Answer
Receivables planning

Match The Following
Question
Correct Answer
Your Answer
Ballast business
Fit well but low opportunities
Misfit with understanding of critical success factors
Gap analysis
Difference between desired and projected performance
Difference between desired and projected performance
Corporate parenting
Managing SBU's by a corporate
Managing SBU's by a corporate
Heartland business
Give the highest priority
Give the highest priority

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.
Your Answer
dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , impact of organization on each sector

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

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

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

Select The Blank
Question
Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer
core competence
Your Answer
core competence

Select The Blank
Question
________ is seen as an integral process that converts materials into goods
Correct Answer
Systems
Your Answer
Systems

Multiple Choice Multiple Answer
Question
The control process requires the following types of information
Correct Answer
Planned performance , Variances , Reasons
Your Answer
Planned performance , Variances , Reasons

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

Select The Blank
Question
________ and greater accountability replace formal control.
Correct Answer
Self-discipline
Your Answer
Self-discipline

Multiple Choice Single Answer
Question
Strategic management is concerned with
Correct Answer
long- range planning
Your Answer
long- range planning

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

Select The Blank
Question
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.
Correct Answer
Self-awareness
Your Answer
Emotional quotient

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
Your Answer
Conceptual, human & intellectual skills , Decision making ability , Vision

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 , Knowledge

Multiple Choice Single Answer
Question
Core purpose
Correct Answer
mission
Your Answer
mission

Select The Blank
Question
________ models can be described as a system that describe how pieces of business fit together.
Correct Answer
Business
Your Answer
Business

True/False
Question
Business ethics is how personal norms do not apply to activities & goals of a commercial firm.
Correct Answer
False
Your Answer
False

Multiple Choice Multiple Answer
Question
supplier & technological environment is concerned with
Correct Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

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

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
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
Contractual entry modes are
Correct Answer
licensing / franchising
Your Answer
licensing / franchising

True/False
Question
Micro environment is the internal environment of a company.
Correct Answer
False
Your Answer
False

Multiple Choice Multiple Answer
Question
The major issues of appraisal system are
Correct Answer
Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Your Answer
Factors of appraisal , Relevance of apprasial , Procedure of appraisal

Multiple Choice Single Answer
Question
It is used extensively in organisation and is concerned with action or performance
Correct Answer
Operational control
Your Answer
Premise control

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

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
Your Answer
counteroffensive

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

Match The Following
Question
Correct Answer
Your Answer
Top level Executives
Taking decisions regarding efficient and effective allocation of resources
Ensuring proper tactical changes
Executive summary
Synopsis of marketing plan
Synopsis of marketing plan
Line Managers Responsibility
Ensuring Implementation of marketing actions
Ensuring Implementation of marketing actions
Middle- level Managers
Ensuring proper tactical changes
Taking decisions regarding efficient and effective allocation of resources

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

Multiple Choice Single Answer
Question
Secondary sources of information are
Correct Answer
newspapers, magazines, journals etc.
Your Answer
newspapers, magazines, journals etc.

Multiple Choice Multiple Answer
Question
Money is invested by way of
Correct Answer
Debt , Equity
Your Answer
Debt , Risk , Equity

Select The Blank
Question
Control should involve________ amount of information.
Correct Answer
Minimum
Your Answer
Maximum

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
Your Answer
Capital structure planning

Select The Blank
Question
Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer
vertical ( forward )
Your Answer
vertical ( forward )

True/False
Question
Macro environment has got immediate impact on business.
Correct Answer
False
Your Answer
False

True/False
Question
The key principle of moral management is "Can we make money with this action decision or behaviour"?
Correct Answer
False
Your Answer
False

Select The Blank
Question
ETOP stands for ________.
Correct Answer
environmental threat & opportunity profile
Your Answer
environmental targets & objective process

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

True/False
Question
Arranging training program on productivity is a strategic decision.
Correct Answer
False
Your Answer
True