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Republic of the Philippines

COMMISSION ON HIGHER EDUCATION
SAMAR COLLEGE RATING
Catbalogan City, Samar
Tel. Nos. (055) 251- 3021, 543-8381, Fax (055) 251-3021

COLLEGE OF BUSINESS AND MANAGEMENT

Midterm Examination in MM 108

NAME DATE
STRAND & SECTION SCHEDULE
INSTRUCTOR ROBERTO VELASCO MABULAC CONTACT 09

DIRECTIONS: This is a closed book and closed notes examination. Any discussion or
otherwise inappropriate communication between examinees, as well as the appearance of
any unnecessary material or cell-phone usage, will be dealt with severely. If you have
questions, raise your hand to be acknowledged.

Test I. MULTIPLE CHOICE. Identify the letter of the choice that best completes the statement or
answers the question. Write your answer on the space provided after the number.

1. The 21st century is marked by the following characteristic:

a. A spirit of predictability c. The reality of dynamism

b. An environment of certainty

2. The current landscape of competition today:

a. Is highly threatening c. Friendly

b. Static

3. In a hypercompetitive environment, organizations:

a. Do not help each other
b. Do not collaborate with each other
c. Outsmart each other
4. Organizations conduct their businesses by offering

a. Less products c. Innovative products

b. Few products

5. In surviving this cut-throat competition, the challenge today is:

a. To adopt traditional activities
b. To adapt to the changing time
c. To employ tried and tested activities
6. Strategic management is
a. Coming up with organizational policies
b. A continuous process of strategy creation
c. Managing people
7. Strategic management is
a. Ensuring that everyone has the same mindset
b. Possessing and using relevant and related knowledge, abilities, foresight, and
systems thinking in an organization
c. Thinking about the welfare of every employee.
8. Strategic decision-making is greatly demonstrated when:
a. All employees are happy and content
b. The stakeholders earn good profits.
c. The right resources for the right markets at the right time are brought together

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9. This is needed to systematically evaluate the variables currently existing in the external
and internal environment

a. Strategic analysis c. Strategic decision-making

b. Strategy formulation

10. Uniquely designed and effectively commutated formulated strategies allow

organizations to attain.

a. Organizational b. Competitive advantage

competitiveness c. More profit

11. Strategic management is

a. Conveniently practical c. The same as strategic

b. Theoretical in nature planning

12. Strategic planning is

a. Adopted by businesses and companies
b. Applied in an academic environment
c. Research-oriented
13. Strategic planning is a repetitive and continuous process
a. That serves as a blueprint of what the organization intends to accomplish
b. That continuously makes and changes plans
c. That involves the top management only.
14. The grand plan is also known as

a. The department plan c. The organizational plan

b. The unit plan

15. A medium/long-range plan is prepared

a. For one year c. From three to five, ten or

b. Less than one year more years

16. The vision of an organization

a. Motivates the organization to go where it wants to go
b. Is a nicely and attractively worded slogan of the organization
c. Is an individual goal of a department.
17. The mission statement of an organization
a. Is the same as its vision
b. Never changes in time
c. Defines the current purpose of the organization.
18. The goals of an organization

a. Is micro in perspective c. Is the same as organizational

b. Is macro in perspective objectives

19. The strategic objectives of an organization

a. Are general in nature
b. Are specific in nature
c. Are environmental in nature
20. The value system of an organization
a. Is only behavioral
b. Is only attitudinal
c. Is both behavioral and attitudinal
21. Primary data are collected
a. Through personal experience, observation and experimentation

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 b. From researches and journals
c. From reports, internet sources, and other published materials
22. These are features that organizations possess, giving significant advantage over others
a. Strengths
b. Weaknesses
c. Opportunities
23. To possess organizational intelligence is:
a. To have expertise, insight and wisdom
b. To study the minds of the employees
c. To think
24. When the individual directs viewing of information to specific facts and data to be able to
assess their general impact on the organization.
a. Informal search
b. Undirected viewing
c. Conditional viewing
25. Social forces in the environment do not include
a. Aging population
b. Food storage
c. Demand for health services
26. The reality of living in global communities addresses the issue of
a. Cultural diversity
b. Aging population
c. Sophisticated lifestyle
27. The challenge of extreme political ideologies affects the occurrence of
a. Chemical and nuclear threat
b. Political independence
c. Suicide bombings and terrorism
28. Example of a global political alliance
a. NATO
b. Greenpeace
c. Patriot Act
29. It consist of facts and data used by originations to assist them in achieving their vision,
mission, and goals
a. Strategic information
b. Strategic policy
c. Strategic research
30. When the organization scans the environment
a. It studies only the external environment
b. It studies only the internal environment
c. It studies both the internal and external environment
31. These advances are observed in the field of communication, business, banking,
education, medicine, security and in all facets of everyday living
a. Social
b. Economic
c. Technological
32. The great and significant catalyst of competition
a. Communication technology
b. Information technology
c. Re-engineering
33. Integrate business operations in marketing, accounting, production, operations and
management
a. Research and development
b. Enterprise resource planning
c. Strategic planning
34. This country is seen both as a supplier and a big market

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 a. China
b. United states
c. Japan
35. Globalization, as a major determinant of competition, can be viewed from this
perspective.
a. Religion
b. Ideas
c. Philosophy

TEST II. IDENTIFICATION. Read each item carefully. Identify the correct terminology to complete the
given statement. Write your answer on the space provided after each number.

1. __________________________ Consists of the organizations dreams, aspirations,

interests, expectations, philosophies, as well as leadership and management styles and
ethical practices.
2. __________________________Is a measure of the health of an origination?
3. __________________________Are pursued to make the specified strategies
succeed.
4. __________________________Is a fundamental feature of the new economy
characterized by a note of overexcitement and agitation.
5. __________________________Is employing crafted strategies to achieve
organizational set goals and objectives.
6. __________________________ are specific goals.
7. __________________________ denotes a wide range of social phenomena,
including an organizations custody dress, language, behavior, beliefs, values, symbols of
status and authority, myths, ceremonies and rituals and others.
8. __________________________ is a systematic evaluation of variables currently
existing in the external and internal environment.
9. __________________________ is deliberately bringing together the right resource
for the right markets at the right time.
10. __________________________ is the application of an appropriate strategic
monitoring and feedback system.
11. __________________________Involves deposits, withdrawals, and payments
served online
12. __________________________Is a surprising and most welcome development in
the field of medicine through the use of technology.
13. __________________________Refers to the expertise, insight and wisdom
possessed by an entity.
14. __________________________Is the effect of environmental degradation,
malpractices, neglect and indifference?
15. __________________________Is a structured assessment tool used to evaluate an
organization or industry in terms of set parameters like strengths, weakness,
opportunities and threats.
16. __________________________Is when the individual is exposed to information
with no specific informational need in mind.
17. __________________________Consists of the facts and data used by
organizations to assist them in achieving their vision, mission and goals.
18. __________________________Are data collected from reports, internet sources
and other published materials.
19. __________________________Is the study and interpretation of the forces
existing in the external and internal environment.
20. __________________________ Refers to the network of social institutions that
include the family and the community.
21. __________________________Is a relationship where the supplier is assured of
orders while the customer is assured of stock delivery.

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22. __________________________Is the intermixture of peoples coming from all
walks of like with different provincial or city cultures?
23. __________________________Relationships is best described as warm,
complimentary, supportive, and businessly personal.
24. __________________________Is a condition where customers become excited
over the products or the service offered.
25. __________________________Is a marketing reality that is difficult to discern,
understand and study with definiteness.

Bonne chance !

-ROBERTO VELASCO MABULAC

EAT well, PRAY often, LOVE always

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