SCDL - Strategic 3

True/False
Question
Getting new users is a position defense strategy.
Correct Answer
False
Your 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
Your Answer
True
Select The Blank

Question
GATT stands for ________.
Correct Answer
general agreement on trade & tariff
Your Answer
global agreement on trade & taxes
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
Your Answer
Strategic surveillance

Question
Financial environment is concerned with
Correct Answer
demand & supply of money, capital markets
Your 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
Receivables planning
Match The Following

Question
Correct Answer
Your Answer
Ballast business
Fit well but low opportunities
Misfit with understanding of critical success factors
Gap analysis
Difference between desired and projected performance
Corporate parenting
Managing SBU's by a corporate
Heartland business
Give the highest priority
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 ,
impact of organization on each sector
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

Question
market research is conducted by
Correct Answer
by employees , by research agencies , by consultants
Your Answer

Question
T in SWOT, refers to
Correct Answer
unfavorable conditions in external environment.
Your Answer
unfavorable conditions in internal environment.
Select The Blank

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

Question
________ is seen as an integral process that converts materials into goods
Correct Answer
Systems
Your Answer
Systems

Question
The control process requires the following types of information
Correct Answer
Planned performance , Variances , Reasons
Your Answer
Question
Critical resources in the emerging information age are
Correct Answer
Information , Expertise , Intelligence
Your Answer
Capital , Information , Expertise
Select The Blank

Question
________ and greater accountability replace formal control.
Correct Answer
Self-discipline
Your Answer
Self-discipline

Question
Strategic management is concerned with
Correct Answer
long- range planning
Your Answer
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
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
Your Answer
Emotional quotient

Question
Three important managerial qualities required for the effective strategic management
Correct Answer
Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer

Question
Criteria for making an evaluation are
Correct Answer
Consistency with goals , Consistency with environment , Money
Your Answer
Consistency with goals , Consistency with environment , Knowledge

Question
Core purpose
Correct Answer
mission
Your Answer
mission
Select The Blank

Question
________ models can be described as a system that describe how pieces of business fit together.
Correct Answer
Business
Your Answer
Business
True/False
Question
Business ethics is how personal norms do not apply to activities & goals of a commercial firm.
Correct Answer
False
Your Answer
False

Question
supplier & technological environment is concerned with
Correct Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

Question
Correct Answer
Your Answer

Question
The reasons for acquisition are
Correct Answer
Increased market power , Increased diversification , Increased speed to market
Your 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

Question
Contractual entry modes are
Correct Answer
licensing / franchising
Your Answer
True/False
Question
Micro environment is the internal environment of a company.
Correct Answer
False
Your Answer
False

Question
The major issues of appraisal system are
Correct Answer
Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Your Answer

Question
It is used extensively in organisation and is concerned with action or performance
Correct Answer
Operational control
Your Answer
Premise control
True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
True
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
Your Answer
counteroffensive

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
Your Answer
Match The Following

Question
Correct Answer
Your Answer
Top level Executives
Taking decisions regarding efficient and effective allocation of resources
Ensuring proper tactical changes
Executive summary
Synopsis of marketing plan
Line Managers Responsibility
Ensuring Implementation of marketing actions
Middle- level Managers
True/False
Question
Focused company is generally protected from competition.
Correct Answer
True
Your Answer
False

Question
Secondary sources of information are
Correct Answer
newspapers, magazines, journals etc.
Your Answer

Question
Money is invested by way of
Correct Answer
Debt , Equity
Your Answer
Debt , Risk , Equity
Select The Blank

Question
Control should involve________ amount of information.
Correct Answer
Minimum
Your Answer
Maximum

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
Select The Blank

Question
Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer
vertical ( forward )
Your Answer
vertical ( forward )
True/False
Question
Macro environment has got immediate impact on business.
Correct Answer
False
Your Answer
False
True/False
Question
The key principle of moral management is "Can we make money with this action decision or behaviour"?
Correct Answer
False
Your Answer
False
Select The Blank

Question
ETOP stands for ________.
Correct Answer
environmental threat & opportunity profile
Your Answer
environmental targets & objective process

Question
Mass media includes
Correct Answer
radio, TV, internet etc.
Your Answer
True/False
Question
Arranging training program on productivity is a strategic decision.
Correct Answer
False
Your Answer
True
Strategic Management - 10
Interview Questions at http://mindgrillQ.blogspot.com

True/False
Question
Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer
True
Your Answer
False

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
Select The Blank

Question
________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer
Traditional
Your Answer
Traditional

Question
It is the most important feature in the implementation of strategic management
Correct Answer
leadership
Your Answer
leadership

Question
The discipline which deals with what is good and bad and which moral obligation is
Correct Answer
Ethics
Your Answer
Ethics

Question
Correct Answer
Your Answer

Question
Horizontal integration is concerned with
Correct Answer
product lines
Your Answer
product lines

Question
The major issues of appraisal system are
Correct Answer
Your Answer
Factors of appraisal , Procedure of appraisal , Individual appraisal

Question
Contractual entry modes are
Correct Answer
Your Answer
Match The Following

Question
Correct Answer
Your Answer
Executive summary
Line Managers Responsibility
Middle- level Managers
Top level Executives
Marketing goals
Question
General Electric Matrix is divided into how many cells
Correct Answer
9
Your Answer
4
Match The Following

Question
Correct Answer
Your Answer
Comparative analysis is
historical analysis
value chain analysis
Benchmarking is
competitive analysis
competitive analysis
Michael Hammer & James Chapy
Reengineering
Reengineering
GDP stands for
gross domestic product
gross domestic product

Question
The reasons for acquisition are
Correct Answer
Your Answer
Increased market power , Increased diversification , Encourage excessive competition

Question
These following factors determine the desire of risk
Correct Answer
Strategies , Resources
Your Answer
Resources , Competence , Time , Strategies
True/False
Question
Arranging training program on productivity is a strategic decision.
Correct Answer
False
Your Answer
True

Question
Critical resources in the emerging information age are
Correct Answer
Information , Expertise , Intelligence
Your Answer
Capital , Information , Expertise

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

Question
Core purpose
Correct Answer
mission
Your Answer
mission

Question
Mission
Correct Answer
philosophy, public image
Your Answer
target
Select The Blank

Question
Japan's major productivity gains are the results of social changes brought about by ________
Correct Answer
Statistical quality control
Your Answer
Michael Porter's model for Industry Analysis
Select The Blank

Question
Displacing competitor is ________ category of goal.
Correct Answer
common enemy
Your Answer
competitive
True/False
Question
The super structure indicates ways in which company's tasks are integrated or coordinated
Correct Answer
True
Your Answer
True

Question
Competenncy models reveal three types of capabilities
Correct Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient
Your Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient

Question
Program is a combination of
Correct Answer
goals , policies , procedures
Your Answer
goals , policies , corporate strategy

Question
The various models of social responsibility are
Correct Answer
Austere Model , Vendors Model , Civic Model
Your Answer
Austere Model , Vendors Model , Inner Model
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
Your Answer
Emotional quotient
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

Question
These people are primarily responsible for operating control based on budgeting, reporting and financial
analysis
Correct Answer
Company secretary , Auditor , Financial controller
Your Answer
Company secretary , Auditor , Financial controller
Select The Blank

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

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

Question
Retrenchment strategy means
Correct Answer
contraction of business activities
Your Answer
contraction of business activities

Question
It indicates the degree of differentiation
Correct Answer
Structure
Your Answer
Style
Select The Blank

Question
Bajaj started manufacturing of sunny is an example of ________.
Correct Answer
concentration strategy
Your Answer
global strategy

Question
Correct Answer
Your Answer
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
Your Answer
True
True/False
Question
Acquisitions which are friendly are termed as "take-overs".
Correct Answer
False
Your Answer
False
True/False
Question
Companies have strenghts in a number of areas but their key strength are few in number
Correct Answer
True
Your Answer
True
True/False
Question
Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer
False
Your Answer
True

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

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
Your Answer
Supply chains

Question
Harveststrategy is used for
Correct Answer
Dogs , Question marks
Your Answer
Question marks , Stars , Cash cowsCash cowsc

Question
The tool used for decision making in 'A range of futures' scenario is
Correct Answer
Technology forecasting
Your Answer
Analogies and pattern recognition

Question
A Company's strategy
Correct Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Select The Blank

Question
________ relationships are effective in communicating complex information
Correct Answer
Personal
Your Answer
Formal

Question
Strategic management is mainly the responsibility of
Correct Answer
Top Management
Your Answer
Top Management
Select The Blank

Question
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.
Correct Answer
Co-ordination
Your Answer
Co-ordination
True/False
Question
Under functional strategics we have vertical fit & horizontal fit.
Correct Answer
True
Your Answer
True
Strategic Management - 9
Interview Questions at http://mindgrillq.blogspot.com

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
Your Answer

Question
Correct Answer
Your Answer

Question
Mass media includes
Correct Answer
radio, TV, internet etc.
Your Answer
customer & dealers

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
Your Answer
Identifies quality and productivity from a production process , Identifies impact of any change on
performance , Integrates manufacturing with business strategy
Select The Blank

Question
Correct Answer
Your Answer
Select The Blank

Question
Correct Answer
Your Answer

Question
The various areas covered by social responsibility are
Correct Answer
Inner Circle , Intermediate circle , Outer Circle
Your Answer
Inner Circle , Outer Circle , Middle Circle
Select The Blank
Question
________ is the drive to achieve beyond one's expectations
Correct Answer
Motivation
Your Answer
Inspiration

Question
They enact the formal role of reviewing and screening executive decisions in the light of their environmental,
business and organisational implications
Correct Answer
Board of director
Your Answer
External auditor
True/False
Question
HR implementation involues a series of action programme like production, estimation of raw materials,
labour & machine hours.
Correct Answer
False
Your Answer
True

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

Question
CAP related to internal appraisal of firm stands for
Correct Answer
competitive advantage profile
Your Answer
competitive advantage profile

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 , import-export

Question
Denominator management
Correct Answer
cost reduction
Your Answer
cost reduction
True/False
Question
Counterfeiter copy but with a difference that can be seen.
Correct Answer
False
Your Answer
True
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

Question
Strategic management is mainly the responsibility of
Correct Answer
Top Management
Your Answer
Top Management
Select The Blank

Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
product performance analysis

Question
This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments
Correct Answer
Reserve the right to play
Your Answer
Reserve the right to play
Select The Blank

Question
________ and greater accountability replace formal control.
Correct Answer
Self-discipline
Your Answer
Co-operation
True/False
Question
Macro environment has got immediate impact on business.
Correct Answer
False
Your Answer
True

Question
Three important managerial qualities required for the effective strategic management
Correct Answer
Your Answer
Conceptual, human & intellectual skills , Decision making ability , communication skills
True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
True

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
Your Answer
Adapters

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

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 increase growth rates , to end rivalry between the two

Question
Principles to manage strategic alliances are
Correct Answer
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Your Answer
clarity in strategy & responsibilities , blending cultures
Select The Blank

Question
________ identifies the impact of any change on performance
Correct Answer
Your Answer

Question
The Hallmarks for self-regulation are
Correct Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
Your Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
Match The Following

Question
Correct Answer
Your Answer
Ballast business
Gap analysis
Corporate parenting
Heartland business
True/False
Question
Standards of performance act as the benchmark against which the actual performance is compared.
Correct Answer
True
Your Answer
True
True/False
Question
Change in company's strategy gives rise to problems necessitating a new structure to be made
Correct Answer
True
Your Answer
False
Select The Blank

Question
Modern Accounting uses ________ as a unit of measure
Correct Answer
Time
Your Answer
Possession

Question
Corporate strategy ensures
Correct Answer
fit between the firm and its environment
Your Answer
fit between the firm and its environment
True/False
Question
Divestiture is opposed to diversification.
Correct Answer
False
Your Answer
True
Match The Following

Question
Correct Answer
Your Answer
Marketing a product
Mass segmentation
Product formulated
Environmental Analysis
Social, Political, legal & technology
Social, Political, legal & technology
Swot Analysis
Matching, converting, minimizing & avoiding strategies
Availability of resources
Marketing strategy
Life cycle considerations
Product formulated

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
policy framing

Question
Factors to be considered while deciding candidates for divestiture are
Correct Answer
taxes , availability of buyers , market reaction
Your Answer
taxes , availability of buyers , willingness of employees
Select The Blank

Question
________ is a modern plant consisting of modules centered around a stage in the production process
Correct Answer
Flotilla concept
Your Answer
Flotilla concept

Question
An unhealthy portfolio has
Correct Answer
More dogs , Few stars
Your Answer
More dogs , Few stars

Question
Strategic intent
Correct Answer
Your Answer
obsession with an organization , what the organization strives for. , concept of optimization
True/False
Question
The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer
False
Your Answer
False
Select The Blank

________ should have the ability to develop a visionto see patterns into the future.
Correct Answer
Leaders
Your Answer
Inspectors

Question
Financial environment is concerned with
Correct Answer
Your Answer

Question
The control process requires the following types of information
Correct Answer
Your Answer
Planned performance , Variances , Motivation
Select The Blank

Question
Strategic evaluation determines the effectiveness of ________
Correct Answer
Strategy
Your Answer
Strategy

Question
Various phases of Growth are
Correct Answer
Creativity , Delegation , Co-ordination
Your Answer
Creativity , Delegation , Co-ordination

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