LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment
& outcomes is
Correct Answer familiarity
Your Answer familiarity
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Your Answer high market share
Select The Blank
Question ________ should have the ability to develop a visionto see
patterns into the future.
Correct Answer Leaders
Your Answer Leaders
Select The Blank
Question Delay in ________ measurement defeats the purpose of
evaluation.
Correct Answer Time
Your 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
Your 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
Your Answer specialization
True/False
Question Systems are formal and informal rules and regulations that
complements the company structure
Correct Answer True
Your Answer True
Select The Blank
Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation
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 Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your 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
Your Answer familiarity
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Your Answer high market share
Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process
Match The Following
Question Correct Answer Your Answer
Comparative analysis is historical analysis historical analysis
Benchmarking is competitive analysis value chain analysis
Michael Hammer & James Chapy Reengineering Reengineering
GDP stands for gross domestic product 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
Your Answer single-variable extrapolation/multivariable interaction
analysis , structured/ unstructured expert/inexpert opinion , simulation ,
Dynamic modes and mapping
True/False
Question Getting new users is a position defense strategy.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question How does 'structure' reduce external uncertainity arising
out of human behaviour
Correct Answer Research and planning , Forecasting
Your Answer Research and planning , Forecasting , Division of labour ,
Departmentalisation
Select The Blank
Question Bajaj started manufacturing of sunny is an example of
________.
Correct Answer concentration strategy
Your Answer integration strategy
Multiple Choice Multiple Answer
Question Macro environment
Correct Answer Political- legal , socio-cultural ,
economic-demographic
Your Answer Political- legal , socio-cultural , economic-demographic ,
technology
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 Multiple Answer
Question They have time based utility
Correct Answer Goals , Resources
Your Answer Goals , Employess , Resources
Multiple Choice Multiple Answer
Question Factors determining HRP (Human Resource Planning )
Correct Answer Type & Strategy of organisation , Environmental
uncertainties , Type & quality of information
Your 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
Your 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
Your Answer True
Multiple Choice Single Answer
Question A major part of strategy implementation is
Correct Answer resource allocation
Your Answer resource allocation
Multiple Choice Single Answer
Question These people are charged with the responsibility of
continuous screening of performance?
Correct Answer Audit committee
Your Answer Audit committee
Multiple Choice Single Answer
Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Your 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
Your Answer departmentation
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management
Select The Blank
Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
Your Answer Self-Appraisal
True/False
Question Staffing function applies to all company levels irrespective
of levels of hierarchy
Correct Answer True
Your Answer True
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 Three C's affecting today's companies are customer,
competition & change
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
Your 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
Your Answer Culture
Select The Blank
Question ________ should have the ability to develop a visionto see
patterns into the future.
Correct Answer Leaders
Your Answer Leaders
Select The Blank
Question Delay in ________ measurement defeats the purpose of
evaluation.
Correct Answer Time
Your 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
Your 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
Your Answer specialization
True/False
Question Systems are formal and informal rules and regulations that
complements the company structure
Correct Answer True
Your Answer True
Select The Blank
Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation
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 Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your 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
Your Answer Assumes factory as an isolated entity , It measures only the
cost of producing , It uses time as a unit of measure
Match The Following
Question Correct Answer Your Answer
Marketing a product Mass segmentation Mass segmentation
Environmental Analysis Social, Political, legal & technology Social,
Political, legal & technology
Swot Analysis Matching, converting, minimizing & avoiding strategies Life
cycle considerations
Marketing strategy Life cycle considerations Matching,
converting, minimizing & avoiding strategies
True/False
Question The actual performance matches the budgeted performance.
This is a realistic situation.
Correct Answer False
Your Answer False
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your 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.
Your 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
Your 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
Your Answer Operational control
True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer False
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer True
Select The Blank
Question Companies employ trained ________ to develop "competency
models" to identify potential leaders
Correct Answer Psychologists
Your 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
Your 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
Your Answer Capital structure planning
Multiple Choice Single Answer
Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Your Answer Systems approach
Select The Blank
Question The benefits of a change in process are defined in terms of
________ cost savings
Correct Answer Labour
Your Answer Infrastructure
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