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Quiz- 1
ID No.: Marks: 10
(Choose most suitable (Appropriate) answers from the following because for a single wrong answer, you have to pay 0.25 marks) 1. Steps in Strategic management process are a) Environmental Scanning, Strategy formulation, Strategy Implementation, Evaluation and control b) Environmental Scanning, Strategy Implementation, Evaluation and control, Strategy formulation c) Evaluation and control, Strategy formulation, Strategy Implementation, Environmental Scanning, d) Strategy Implementation, Environmental Scanning, Evaluation and control, Strategy formulation 2. I/O Model adopts which perspective a) External b) Internal c) Internal and External both d) None of the above
3. When bargaining power of the Buyer is higher a) Small Number of buyer c) Switching to another product is difficult
b) d)
4. Threat from the substitute product is high when a) Price of substitute product increase b) Easy for consumer to switch from one substitute to another c) Buyers willing to substitute d) Both A and B e) Both B and C 5. Which activity is not the part of primary activity in Value chain a) Supply chain management b) Operations c) Distribution d) None of the above