Strategic Management - 23
Select The Blank
Question A hardware manufacture enters into software is an example of
________integration.
Correct Answer vertical ( forward )
Select The Blank
Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
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 The actual performance deviates positively over the budgeted
performanve. This is an indication of superior performance
Correct Answer True
Multiple Choice Single Answer
Question Concentric diversification means
Correct Answer new activity related to existing business
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 Core purpose
Correct Answer mission
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Multiple Choice Single Answer
Question Empower people through great software anytime , any place,
on any device'- Microsoft
Correct Answer vision
True/False
Question HR implementation involues a series of action programme like
production, estimation of raw materials, labour & machine hours.
Correct 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
Multiple Choice Multiple Answer
Question Niche marketing means
Correct Answer end user specialist , specific customer specialist ,
geographic specialist
True/False
Question Focused company is generally protected from competition.
Correct Answer True
Multiple Choice Single Answer
Question These are moves that will pay off irrespective of what
happens in the future
Correct Answer No-regret moves
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
True/False
Question Counterfeiter copy but with a difference that can be seen.
Correct Answer False
Multiple Choice Multiple Answer
Question Program is a combination of
Correct Answer goals , policies , procedures
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Multiple Choice Single Answer
Question Contractual entry modes are
Correct Answer licensing / franchising
Multiple Choice Single Answer
Question It enables the strategists to take corrective action at the
right time
Correct Answer Premise control
True/False
Question Excelling in one market guarantees success in a new.
Correct Answer False
Match The Following
Question -Correct Answer
Maintain strategy- stable environment
Market follower are- imitator
Market challenger are -bypass attack
Turnaround strategy- V.R.S.
Select The Blank
Question Tata motors goal of reaching middle class two wheeler owners
is a ________ category of goal.
Correct Answer internal transformation
Multiple Choice Multiple Answer
Question Core ideology
Correct Answer core values , core purpose
Multiple Choice Multiple Answer
Question Organizational models are
Correct Answer multinational model , international model , global
organizational model
Multiple Choice Multiple Answer
Question Business is rated on which dimensions
Correct Answer Market attractiveness , Business strength
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 Responsibility towards society & community includes -
Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the
Correct Answer Environment Protection Act
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Select The Blank
Question ________cost accounting measures the cost of producing and
ignores the cost of non-producing
Correct Answer Traditional
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
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.
Multiple Choice Single Answer
Question Corporate strategy ensures
Correct Answer fit between the firm and its environment
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Select The Blank
Question Strategic evaluation determines the effectiveness of
________
Correct Answer Strategy
True/False
Question Arranging training program on productivity is a strategic
decision.
Correct Answer False
Match The Following
Question -Correct Answer
Comparative analysis is- historical analysis
Benchmarking is -competitive analysis
Michael Hammer & James Chapy -Reengineering
GDP stands for- gross domestic product
True/False
Question Budgets are plans expressed in numerical terms usually in
financial terms
Correct Answer True
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
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 major issues of appraisal system are
Correct Answer Factors of appraisal , Relevance of apprasial ,
Procedure of appraisal
Multiple Choice Single Answer
Question The decisions which are applied to structured or routine
problems are
Correct Answer programmed decisions
True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
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 Principles to manage strategic alliances are
Correct Answer clarity in strategy & responsibilities , blending
cultures , provide for an exit strategy
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 Environmental competitiveness tends to encourage ethical
behaviour.
Correct Answer False
Strategic Management - 22
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 Formal systems are adopted to bring ________ & amalgamation
of decentralized units into product groups.
Correct Answer Co-ordination
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Multiple Choice Single Answer
Question A strategy used to learn more about customers need &
behaviours in order to develop stronger relationship with them is
Correct Answer CRM
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. what the company is and why it exists.
BHAG- big headed audacious goals
True/False
Question According to Michael Porter, the core of efficiency
management is strategy.
Correct Answer True
Multiple Choice Multiple Answer
Question The control process requires the following types of
information
Correct Answer Planned performance , Variances , Reasons
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
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
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 Mission
Correct Answer philosophy, public image
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
True/False
Question Changes in company structure also necessitates changes in
the systems in various degrees
Correct Answer True
Multiple Choice Single Answer
Question Denominator management
Correct Answer cost reduction
Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
Select The Blank
Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Multiple Choice Multiple Answer
Question A Company's strategy
Correct Answer Vital ingredient in determinig it's future , Yields
growth, profits etc , may result in disaster if inappropriate
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
Multiple Choice Multiple Answer
Question Factors determining HRP (Human Resource Planning )
Correct Answer Type & Strategy of organisation , Environmental
uncertainties , Type & quality of information
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 Three important managerial qualities required for the
effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision
making ability , Vision
Match The Following
Question- Correct Answer
Decision making -Managers to develop the courage to make unconventional
decisions
Social Responsibility -Managers to maintain high ethical standards
Lateral thinking- Managers to learn to deal with chaotic situations
Responsiveness -Managers to provide speedy responses to environmental
changes
Select The Blank
Question Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
True/False
Question Numerator may bring short-term results, but there may be
serious long-term sacrifices.
Correct Answer False
True/False
Question Arranging training program on productivity is a strategic
decision.
Correct Answer False
Multiple Choice Single Answer
Question Degree to which the decision maker is accountable for the
outcomes of the decision is
Correct Answer accountability
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
Multiple Choice Single Answer
Question These are critical situations that occur unexpectedly and
threaten the course of a firm's strategy
Correct Answer Crisis
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 Horizontal integration is concerned with
Correct Answer product lines
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 The benefits of a change in process are defined in terms of
________ cost savings
Correct Answer Labour
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 Three C's affecting today's companies are customer,
competition & change
Correct Answer True
True/False
Question Business ethics is how personal norms do not apply to
activities & goals of a commercial firm.
Correct Answer False
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Multiple Choice Multiple Answer
Question How does 'structure' reduce external uncertainity arising
out of human behaviour
Correct Answer Research and planning , Forecasting
True/False
Question Standards of performance act as the benchmark against which
the actual performance is compared.
Correct Answer True
Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's
environment.
Select The Blank
Question Like roots of a tree, ________of organization is hidden from
direct view.
Correct Answer core competence
Multiple Choice Multiple Answer
Question Measures to take corrective action
Correct Answer Checking performance , Reformulate strategies ,
Standard check
True/False
Question All policies are 'statements'
Correct Answer False
Multiple Choice Multiple Answer
Question An unhealthy portfolio has
Correct Answer More dogs , Few stars
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
True/False
Question Staffing function applies to all company levels irrespective
of levels of hierarchy
Correct Answer True
Select The Blank
Question ________ should have the ability to develop a visionto see
patterns into the future.
Correct Answer Leaders
Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Strategic Management - 21
Multiple Choice Multiple Answer
Question Factors encouraging joint ventures are
Correct Answer sharing competence of each other , uneconomical separate existence , risk of business gets shared
Multiple Choice Multiple Answer
Question How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer Research and planning , Forecasting
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
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
Multiple Choice Single Answer
Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is
Correct Answer CRM
True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
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
Multiple Choice Single Answer
Question Concentric diversification means
Correct Answer new activity related to existing business
Multiple Choice Multiple Answer
Question The major issues of appraisal system are
Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Select The Blank
Question A hardware manufacture enters into software is an example of ________integration.
Correct 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
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is
Correct Answer familiarity
Multiple Choice Single Answer
Question This strategic posture plays a leadership role in establishing how the industry operates
Correct Answer Shapers
Select The Blank
Question Strategic evaluation determines the effectiveness of ________
Correct Answer Strategy
True/False
Question Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer True
Multiple Choice Single Answer
Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy
Correct Answer Crisis
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
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 Single Answer
Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers
Correct Answer Adapters
Multiple Choice Multiple Answer
Question The various models of social responsibility are
Correct Answer Austere Model , Vendors Model , Civic Model
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
True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
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 Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is
Correct Answer significance
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
Multiple Choice Multiple Answer
Question These following factors determine the desire of risk
Correct Answer Strategies , Resources
Select The Blank
Question Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
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
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Multiple Choice Single Answer
Question Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer vision
Multiple Choice Multiple Answer
Question Core ideology
Correct Answer core values , core purpose
Multiple Choice Multiple Answer
Question Competenncy models reveal three types of capabilities
Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
True/False
Question Timing of measurement before hand serves the purpose of evaluation.
Correct Answer False
Select The Blank
Question Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer vertical ( forward )
Multiple Choice Single Answer
Question The aim in stability strategies is-
Correct Answer move slowly & surely
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
True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Select The Blank
Question Bajaj started manufacturing of sunny is an example of ________.
Correct Answer concentration strategy
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
Multiple Choice Multiple Answer
Question Attack strategies are
Correct Answer frontal attack , flank attack , encirclement attack
True/False
Question The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer False
Match The Following
Question
Correct Answer
Comparative analysis is
historical analysis
Benchmarking is
competitive analysis
Michael Hammer & James Chapy
Reengineering
GDP stands for
gross domestic product
True/False
Question Counterfeiter copy but with a difference that can be seen.
Correct Answer False
Select The Blank
Question Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer core competence
Strategic Management - 23
Select The Blank
Question A hardware manufacture enters into software is an example of
________integration.
Correct Answer vertical ( forward )
Select The Blank
Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
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 The actual performance deviates positively over the budgeted
performanve. This is an indication of superior performance
Correct Answer True
Multiple Choice Single Answer
Question Concentric diversification means
Correct Answer new activity related to existing business
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 Core purpose
Correct Answer mission
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Multiple Choice Single Answer
Question Empower people through great software anytime , any place,
on any device'- Microsoft
Correct Answer vision
True/False
Question HR implementation involues a series of action programme like
production, estimation of raw materials, labour & machine hours.
Correct 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
Multiple Choice Multiple Answer
Question Niche marketing means
Correct Answer end user specialist , specific customer specialist ,
geographic specialist
True/False
Question Focused company is generally protected from competition.
Correct Answer True
Multiple Choice Single Answer
Question These are moves that will pay off irrespective of what
happens in the future
Correct Answer No-regret moves
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
True/False
Question Counterfeiter copy but with a difference that can be seen.
Correct Answer False
Multiple Choice Multiple Answer
Question Program is a combination of
Correct Answer goals , policies , procedures
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Multiple Choice Single Answer
Question Contractual entry modes are
Correct Answer licensing / franchising
Multiple Choice Single Answer
Question It enables the strategists to take corrective action at the
right time
Correct Answer Premise control
True/False
Question Excelling in one market guarantees success in a new.
Correct Answer False
Match The Following
Question- Correct Answer
Maintain strategy -stable environment
Market follower are -imitator
Market challenger are- bypass attack
Turnaround strategy- V.R.S.
Select The Blank
Question Tata motors goal of reaching middle class two wheeler owners
is a ________ category of goal.
Correct Answer internal transformation
Multiple Choice Multiple Answer
Question Core ideology
Correct Answer core values , core purpose
Multiple Choice Multiple Answer
Question Organizational models are
Correct Answer multinational model , international model , global
organizational model
Multiple Choice Multiple Answer
Question Business is rated on which dimensions
Correct Answer Market attractiveness , Business strength
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 Responsibility towards society & community includes -
Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the
Correct Answer Environment Protection Act
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Select The Blank
Question ________cost accounting measures the cost of producing and
ignores the cost of non-producing
Correct Answer Traditional
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
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.
Multiple Choice Single Answer
Question Corporate strategy ensures
Correct Answer fit between the firm and its environment
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Select The Blank
Question Strategic evaluation determines the effectiveness of
________
Correct Answer Strategy
True/False
Question Arranging training program on productivity is a strategic
decision.
Correct Answer False
Match The Following
Question -Correct Answer
Comparative analysis is -historical analysis
Benchmarking is -competitive analysis
Michael Hammer & James Chapy -Reengineering
GDP stands for -gross domestic product
True/False
Question Budgets are plans expressed in numerical terms usually in
financial terms
Correct Answer True
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
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 major issues of appraisal system are
Correct Answer Factors of appraisal , Relevance of apprasial ,
Procedure of appraisal
Multiple Choice Single Answer
Question The decisions which are applied to structured or routine
problems are
Correct Answer programmed decisions
True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
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 Principles to manage strategic alliances are
Correct Answer clarity in strategy & responsibilities , blending
cultures , provide for an exit strategy
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 Environmental competitiveness tends to encourage ethical
behaviour.
Correct Answer False
Select The Blank
Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
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 The actual performance deviates positively over the budgeted
performanve. This is an indication of superior performance
Correct Answer True
Multiple Choice Single Answer
Question Concentric diversification means
Correct Answer new activity related to existing business
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 Core purpose
Correct Answer mission
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Multiple Choice Single Answer
Question Empower people through great software anytime , any place,
on any device'- Microsoft
Correct Answer vision
True/False
Question HR implementation involues a series of action programme like
production, estimation of raw materials, labour & machine hours.
Correct 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
Multiple Choice Multiple Answer
Question Niche marketing means
Correct Answer end user specialist , specific customer specialist ,
geographic specialist
True/False
Question Focused company is generally protected from competition.
Correct Answer True
Multiple Choice Single Answer
Question These are moves that will pay off irrespective of what
happens in the future
Correct Answer No-regret moves
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
True/False
Question Counterfeiter copy but with a difference that can be seen.
Correct Answer False
Multiple Choice Multiple Answer
Question Program is a combination of
Correct Answer goals , policies , procedures
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Multiple Choice Single Answer
Question Contractual entry modes are
Correct Answer licensing / franchising
Multiple Choice Single Answer
Question It enables the strategists to take corrective action at the
right time
Correct Answer Premise control
True/False
Question Excelling in one market guarantees success in a new.
Correct Answer False
Match The Following
Question- Correct Answer
Maintain strategy- stable environment
Market follower are- imitator
Market challenger are- bypass attack
Turnaround strategy- V.R.S..
Select The Blank
Question Tata motors goal of reaching middle class two wheeler owners
is a ________ category of goal.
Correct Answer internal transformation
Multiple Choice Multiple Answer
Question Core ideology
Correct Answer core values , core purpose
Multiple Choice Multiple Answer
Question Organizational models are
Correct Answer multinational model , international model , global
organizational model
Multiple Choice Multiple Answer
Question Business is rated on which dimensions
Correct Answer Market attractiveness , Business strength
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 Responsibility towards society & community includes -
Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the
Correct Answer Environment Protection Act
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Select The Blank
Question ________cost accounting measures the cost of producing and
ignores the cost of non-producing
Correct Answer Traditional
Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
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.
Multiple Choice Single Answer
Question Corporate strategy ensures
Correct Answer fit between the firm and its environment
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Select The Blank
Question Strategic evaluation determines the effectiveness of
________
Correct Answer Strategy
True/False
Question Arranging training program on productivity is a strategic
decision.
Correct Answer False
Match The Following
Question- Correct Answer
Comparative analysis is- historical analysis
Benchmarking is -competitive analysis
Michael Hammer & James Chapy -Reengineering
GDP stands for- gross domestic product
True/False
Question Budgets are plans expressed in numerical terms usually in
financial terms
Correct Answer True
Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
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 major issues of appraisal system are
Correct Answer Factors of appraisal , Relevance of apprasial ,
Procedure of appraisal
Multiple Choice Single Answer
Question The decisions which are applied to structured or routine
problems are
Correct Answer programmed decisions
True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
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 Principles to manage strategic alliances are
Correct Answer clarity in strategy & responsibilities , blending
cultures , provide for an exit strategy
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 Environmental competitiveness tends to encourage ethical
behaviour.
Correct Answer False
Multiple Choice Multiple Answer
Question Merger takes place
Correct Answer between a buyer and a seller , to avail tax
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