Strategic Management - 17
Multiple Choice Multiple Answer
Question Factors to be considered while deciding candidates for divestiture are
Correct Answer taxes , availability of buyers , market reaction
Multiple Choice Single Answer
Question Financial environment is concerned with
Correct Answer demand & supply of money, capital markets
Match The Following
Question -Correct Answer
Sharplin -S.M. is the formulation & implementation of plans related to total organization.
Glueck- S.M. is a stream of decisions & actions
Hofer -S.M. is the process, which deals with organizational renewal & growth.
Ansoff- S.M. is the systematic approach to position and relate firm to its environment.
Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Multiple Choice Single Answer
Question Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer vision
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Multiple Choice Single Answer
Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Multiple Choice Single Answer
Question A Large-scale community development project was funded to enable farmers to use local resources effectively by
Correct Answer Asian Paints
Select The Blank
Question ________ models can be described as a system that describe how pieces of business fit together.
Correct Answer Business
Multiple Choice Multiple Answer
Question Niche marketing means
Correct Answer end user specialist , specific customer specialist , geographic specialist
Select The Blank
Question Japan's major productivity gains are the results of social changes brought about by ________
Correct Answer Statistical quality control
Select The Blank
Question ________ is seen as an integral process that converts materials into goods
Correct Answer Systems
Multiple Choice Single Answer
Question Mission
Correct Answer philosophy, public image
True/False
Question Counterfeiter copy but with a difference that can be seen.
Correct Answer False
True/False
Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices.
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
Multiple Choice Single Answer
Question CAP related to internal appraisal of firm stands for
Correct Answer competitive advantage profile
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.
Match The Following
Question -Correct Answer
Fit- SWOT analysis
Vision- what a company wishes to become or aspires to be.
mission -what the company is and why it exists.
BHAG -big headed audacious goals
Multiple Choice Single Answer
Question Secondary sources of information are
Correct Answer newspapers, magazines, journals etc.
Select The Blank
Question GATT stands for ________.
Correct Answer general agreement on trade & tariff
True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
Multiple Choice Single Answer
Question Maintain strategies means
Correct Answer no change in strategies
Multiple Choice Single Answer
Question This portfolio involves major capital investments which will result in either large pay offs or large losses
Correct Answer Big bets
True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Multiple Choice Multiple Answer
Question Program is a combination of
Correct Answer goals , policies , procedures
Multiple Choice Multiple Answer
Question What is Statistical Quality Control(SQC)
Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Multiple Choice Multiple Answer
Question Macro environment
Correct Answer Political- legal , socio-cultural , economic-demographic
True/False
Question Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer False
Multiple Choice Single Answer
Question It is the most important feature in the implementation of strategic management
Correct Answer leadership
True/False
Question The key principle of moral management is "Can we make money with this action decision or behaviour"?
Correct Answer False
Multiple Choice Single Answer
Question The aim in stability strategies is-
Correct Answer move slowly & surely
Multiple Choice Multiple Answer
Question How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer Research and planning , Forecasting
Multiple Choice Single Answer
Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Multiple Choice Multiple Answer
Question The major issues of appraisal system are
Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Multiple Choice Single Answer
Question It enables the strategists to take corrective action at the right time
Correct Answer Premise control
Select The Blank
Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.
Correct Answer Delegation
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
True/False
Question Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer True
True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
True/False
Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm.
Correct Answer False
Multiple Choice Multiple Answer
Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis
Correct Answer Company secretary , Auditor , Financial controller
Select The Blank
Question Control should involve________ amount of information.
Correct Answer Minimum
Multiple Choice Multiple Answer
Question Principles to manage strategic alliances are
Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
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
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
Multiple Choice Single Answer
Question Core purpose
Correct Answer mission
Strategic Management - 16
Multiple Choice Single Answer
Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy
Correct Answer Operational evaluation
Multiple Choice Multiple Answer
Question Factors to be considered while deciding candidates for divestiture are
Correct Answer taxes , availability of buyers , market reaction
Multiple Choice Multiple Answer
Question Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
Match The Following
Question -Correct Answer
Crisis Management- leads to organisational learning
Milestone review- Another method of implementation control
Long and short term controls -Balanced approach to evaluation
Variance -Actual and budgeted performance
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
True/False
Question The key principle of moral management is "Can we make money with this action decision or behaviour"?
Correct Answer False
True/False
Question All policies are 'statements'
Correct Answer False
Multiple Choice Multiple Answer
Question Competenncy models reveal three types of capabilities
Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
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 ________ identifies the impact of any change on performance
Correct Answer Statistical quality control
True/False
Question The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer False
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.
Match The Following
Question- Correct Answer
Fit -SWOT analysis
Vision- what a company wishes to become or aspires to be.
Mission- what the company is and why it exists.
BHAG- big headed audacious goals
True/False
Question The super structure indicates ways in which company's tasks are integrated or coordinated
Correct Answer True
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Select The Blank
Question Brush your teeth twice a day is an example of expanding the total market by________.
Correct Answer more usage
Multiple Choice Multiple Answer
Question Niche marketing means
Correct Answer end user specialist , specific customer specialist , geographic specialist
Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
Multiple Choice Multiple Answer
Question The Hallmarks for self-regulation are
Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness
Multiple Choice Single Answer
Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Multiple Choice Multiple Answer
Question Money is invested by way of
Correct Answer Debt , Equity
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
Select The Blank
Question Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer vertical ( forward )
Select The Blank
Question ________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer Traditional
Multiple Choice Single Answer
Question Mission
Correct Answer philosophy, public image
Multiple Choice Multiple Answer
Question The culture of a company is conveyed through
Correct Answer Rites , Myths , Rituals
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
True/False
Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm.
Correct Answer False
Select The Blank
Question Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer Standardisation
Multiple Choice Single Answer
Question This portfolio involves major capital investments which will result in either large pay offs or large losses
Correct Answer Big bets
Multiple Choice Multiple Answer
Question What is Statistical Quality Control(SQC)
Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Multiple Choice Single Answer
Question Retrenchment strategy means
Correct Answer contraction of business activities
True/False
Question Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False
Select The Blank
Question Japan's major productivity gains are the results of social changes brought about by ________
Correct Answer Statistical quality control
Multiple Choice Single Answer
Question Investment entry mode are
Correct Answer joint venture/independent ventures/subsidiaries
True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Multiple Choice Multiple Answer
Question Program is a combination of
Correct Answer goals , policies , procedures
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Multiple Choice Multiple Answer
Question The various areas covered by social responsibility are
Correct Answer Inner Circle , Intermediate circle , Outer Circle
Select The Blank
Question ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.
Correct Answer Operational level systems
Select The Blank
Question The benefits of a change in process are defined in terms of ________ cost savings
Correct Answer Labour
Select The Blank
Question ________ is seen as an integral process that converts materials into goods
Correct Answer Systems
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Multiple Choice Single Answer
Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company
Correct Answer Staffing
Strategic Management - 15
Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Multiple Choice Single Answer
Question The traditional approach towards uncertainity is
Correct Answer Binary
Multiple Choice Multiple Answer
Question The various models of social responsibility are
Correct Answer Austere Model , Vendors Model , Civic Model
Select The Blank
Question Japan's major productivity gains are the results of social changes brought about by ________
Correct Answer Statistical quality control
Select The Blank
Question Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer Standardisation
Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
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
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Select The Blank
Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.
Correct Answer Delegation
True/False
Question Numerator may bring short-term results, but there may be serious long-term sacrifices.
Correct Answer False
Multiple Choice Single Answer
Question It indicates the degree of differentiation
Correct Answer Structure
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.
True/False
Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
Correct Answer True
Multiple Choice Single Answer
Question Concentric diversification means
Correct Answer new activity related to existing business
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Multiple Choice Multiple Answer
Question Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
True/False
Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
Correct Answer True
Multiple Choice Multiple Answer
Question Factors to be considered while deciding candidates for divestiture are
Correct Answer availability of buyers , market reaction , taxes
Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Match The Following
Question -Correct Answer
Maintain strategy- stable environment
Market follower are- imitator
Market challenger are- bypass attack
Turnaround strategy- V.R.S.
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
True/False
Question Getting new users is a position defense strategy.
Correct Answer False
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 Core purpose
Correct Answer mission
Multiple Choice Single Answer
Question Financial environment is concerned with
Correct Answer demand & supply of money, capital markets
True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Select The Blank
Question Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
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 This portfolio involves major capital investments which will result in either large pay offs or large losses
Correct Answer Big bets
Select The Blank
Question Bajaj started manufacturing of sunny is an example of ________.
Correct Answer concentration strategy
Select The Blank
Question Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer Psychologists
True/False
Question Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer True
Multiple Choice Multiple Answer
Question Attack strategies are
Correct Answer frontal attack , flank attack , encirclement attack
Multiple Choice Single Answer
Question An approach that strives to follow ethical principles and percepts is
Correct Answer Moral management
Multiple Choice Multiple Answer
Question The reasons for acquisition are
Correct Answer Increased market power , Increased diversification , Increased speed to market
Select The Blank
Question A hardware manufacture enters into software is an example of ________integration.
Correct Answer vertical ( forward )
Match The Following
Question -Correct Answer
Crisis Management -leads to organisational learning
Milestone review- Another method of implementation control
Long and short term controls -Balanced approach to evaluation
Variance -Actual and budgeted performance
Select The Blank
Question ________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer Traditional
True/False
Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices.
Correct Answer False
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
True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Multiple Choice Multiple Answer
Question Criteria for making an evaluation are
Correct Answer Consistency with goals , Consistency with environment , Money
Multiple Choice Multiple Answer
Question Merger takes place
Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
True/False
Question All policies are 'statements'
Correct Answer False
Select The Blank
Question Modern Accounting uses ________ as a unit of measure
Correct Answer Time
Multiple Choice Single Answer
Question Investment entry mode are
Correct Answer joint venture/independent ventures/subsidiaries
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
No comments:
Post a Comment