Strategic Management - 12

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer True

Multiple Choice Multiple Answer
Question Different kinds of information systems are
Correct Answer Operational level system , Knowledge level system , Management level system
Your Answer Knowledge level system , Management level system , Operational level system

True/False
Question Under functional strategics we have vertical fit & horizontal fit.
Correct Answer True
Your Answer True

Match The Following
Question Correct Answer Your Answer

Premise control Identifies key assumptions Identifies key assumptions

Emergency alert control evaluation Type of strategic control Type of strategic control

Strategic evaluation Effectiveness of strategy Effectiveness of strategy

Rely on short term assessment Barrier in evaluation Audit and Executive committee


Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your Answer Strategy

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

Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management

Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are
Correct Answer programmed decisions
Your Answer programmed decisions

Multiple Choice Multiple Answer
Question Merger takes place
Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates

Multiple Choice Single Answer
Question It refers to the relatively more durable company arrangements and relationships
Correct Answer Structure
Your Answer Strategy

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

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

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

Select The Blank
Question Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists

Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process

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 Dividend planning

Multiple Choice Single Answer
Question CAP related to internal appraisal of firm stands for
Correct Answer competitive advantage profile
Your Answer Corporate appraisal programme

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 , communication skills

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

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

Multiple Choice Multiple Answer
Question Factors to be considered in political- legal environmental scanning are
Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies

Multiple Choice Multiple Answer
Question Attack strategies are
Correct Answer frontal attack , flank attack , encirclement attack
Your Answer frontal attack , flank attack , encirclement attack

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

Multiple Choice Multiple Answer
Question Factors to be considered in political- legal environmental scanning are
Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies

Select The Blank
Question The ________ are distinct little business set up as units in a larger company
Correct Answer Strategic business Units
Your Answer Strategic business Units

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

True/False
Question According to Michael Porter, the core of efficiency management is strategy.
Correct Answer True
Your Answer True

Multiple Choice Single Answer
Question Expansion strategy means
Correct Answer growth
Your Answer growth

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

Multiple Choice Single Answer
Question It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected events
Correct Answer Emergency alert contriol
Your Answer Emergency alert contriol

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

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 , what the organization strives for.

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

Multiple Choice Single Answer
Question Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer vision
Your Answer vision

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

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

Select The Blank
Question Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
Your Answer Strategy

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

Multiple Choice Single Answer
Question A pictorial depiction of various outcomes of a decision is
Correct Answer decision tree
Your Answer decision tree

Match The Following
Question Correct Answer Your Answer

Crisis Management leads to organisational learning leads to organisational learning

Milestone review Another method of implementation control Chacking of performance

Long and short term controls Balanced approach to evaluation Another method of implementation control

Variance Actual and budgeted performance Actual and budgeted performance


Multiple Choice Single Answer
Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the
Correct Answer Environment Protection Act
Your Answer Environment Protection Act

Multiple Choice Single Answer
Question The process of forecasting an organization's future demands for and supply of right type of people in right number is
Correct Answer Man-power planning
Your Answer Man-power planning

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 , communication skills

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

True/False
Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees
Correct Answer True
Your Answer True

True/False
Question Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer True
Your Answer True

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping