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Anushka – 2 LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer


Question In SWOT , S stands for

Correct Answer favorable condition in the organization's environment.

Your Answer Strategy

Select The Blank


Question Control should involve________ amount of information.

Correct Answer Minimum

Your Answer Maximum

Multiple Choice Single Answer


Question It enables the strategists to take corrective action at the right time

Correct Answer Premise control

Your Answer Strategic surveillance

Match The Following


Question Correct Answer Your Answer

Maintain strategy stable environment diversification

Market follower are imitator bypass attack

Market challenger are bypass attack imitator

Turnaround strategy V.R.S. differentiation

Select The Blank


Question Displacing competitor is ________ category of goal.

Correct Answer common enemy

Your Answer competitive

Match The Following


Question Correct Answer Your Answer

Marketing a product Mass segmentation Availability of resources

Environmental Analysis Social, Political, legal & technology Life cycle considerations

Swot Analysis Matching, converting, minimizing & avoiding Product formulated


strategies
Marketing strategy Life cycle considerations Mass segmentation

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 False

Multiple Choice Single Answer


Question Core purpose

Correct Answer mission

Your Answer strategy


Mohit 2 LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question The various models of social responsibility are

Correct Answer Austere Model , Vendors Model , Civic Model

Your Answer Civic Model , Austere Model , Vendors Model

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 o

Correct Answer Capital structure planning

Your Answer Capital structure planning

Multiple Choice Multiple Answer


Question The reasons for acquisition are

Correct Answer Increased market power , Increased diversification , Increased speed to market

Your Answer Increased market power , Increased diversification , Increased speed to market

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

Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate

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

Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Multiple Choice Single Answer


Question Horizontal integration is concerned with

Correct Answer product lines

Your Answer product lines

Multiple Choice Single Answer


Question It concentrates on organisation design and work flow

Correct Answer Flotilla

Your Answer Flotilla

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

Your Answer Adapters

True/False
Question Arranging training program on productivity is a strategic decision.

Correct Answer False

Your Answer False


LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Question ________cost accounting measures the cost of producing and ignores the cost of non-producing

Correct Answer Traditional

Your Answer Traditional

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

True/False
Question Systems are formal and informal rules and regulations that complements the company structure

Correct Answer True

Your Answer True

True/False
Question Divestiture is opposed to diversification.

Correct Answer False

Your Answer True

Multiple Choice Multiple Answer


Question Performance is affected by

Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Your Answer Distorted resource allocation , Leadership , Wrong motivational styles

Match The Following


Question Correct Answer Your Answer

Ballast business Fit well but low opportunities Fit well but low opportunities

Gap analysis Difference between desired and projected Difference between desired and projected performance
performance
Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors

Heartland business Give the highest priority Give the highest priority

Select The Blank


Question Make or buy decision is related with ________strategy.

Correct Answer vertical ( backward ) integration

Your Answer vertical ( backward ) integration

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Select The Blank
Question ________cost accounting measures the cost of producing and ignores the cost of non-producing

Correct Answer Traditional

Your Answer Traditional

Multiple Choice Multiple Answer


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 avail tax concessions , to increase growth rates

Select The Blank


Question The benefits of a change in process are defined in terms of ________ cost savings

Correct Answer Labour

Your Answer Infrastructure

True/False
Question Excelling in one market guarantees success in a new.

Correct Answer False

Your Answer False

Select The Blank


Question ________ and greater accountability replace formal control.

Correct Answer Self-discipline

Your Answer Team work

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

Select The Blank


Question Strategic evaluation determines the effectiveness of ________

Correct Answer Strategy

Your Answer Objectives

Select The Blank


Question Factors leading to personnel capability are________.

Correct Answer IR, OB

Your Answer IR, OB

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of
LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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
Your Answer Supply chains

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
Your Answer Time

Match The Following


Question Correct Answer Your Answer
Turnaround StrategiesRetrenchments - either internally or externally Retrenchments - either internally or externally
Retrenchment Strategies Contraction of activities through elimination of the scope of one or more of its business Contraction of activities through elimination of the scope of
one or more of its business
Divestment Strategies Involves the sale or liquidation of a portion of a business Involves the sale or liquidation of a portion of a business

Select The Blank


Question Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists

True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer


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 avail tax concessions , to increase growth rates

Select The Blank


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

Multiple Choice Multiple Answer


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

Multiple Choice Single Answer


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 departmentation

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

Multiple Choice Single Answer


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

Select The Blank


Question Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer vertical ( forward )
Your Answer vertical ( forward )

Multiple Choice Single Answer


Question Concentric diversification means
Correct Answer new activity related to existing business
Your Answer new activity related to existing business

Multiple Choice Multiple Answer


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

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
Your Answer Emergency alert contriol
Multiple Choice Multiple Answer
Question The various areas covered by social responsibility are
Correct Answer Inner Circle , Intermediate circle , Outer Circle
Your Answer Inner Circle , Intermediate circle , Outer Circle

Select The Blank


Question The benefits of a change in process are defined in terms of ________ cost savings
Correct Answer Labour
Your Answer Labour

Multiple Choice Multiple Answer


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 , provide for an exit strategy

Multiple Choice Single Answer


Question Degree to which the decision maker is accountable for the outcomes of the decision is
Correct Answer accountability
Your Answer accountability

Multiple Choice Multiple Answer


Question Core ideology
Correct Answer core values , core purpose
Your Answer core values , core purpose

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
Your Answer significance

True/False
Question Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False
Your Answer False

Multiple Choice Single Answer


Question Vertical integration is concerned with
Correct Answer supply chain
Your Answer supply chain

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

Multiple Choice Single Answer


Question Denominator management
Correct Answer cost reduction
Your Answer cost reduction

True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

True/False
Question Systems are formal and informal rules and regulations that complements the company structure
Correct Answer True
Your Answer True

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 , description of impact of each subfactor into a
statement which is positive, neutral or negative.

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

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 A hardware manufacture enters into software is an example of ________ integration.
Correct Answer horizontal
Your Answer vertical ( forward)

Select The Blank


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

Multiple Choice Multiple Answer


Question Harveststrategy is used for
Correct Answer Dogs , Question marks
Your Answer Dogs , Question marks

Select The Blank


Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation

Multiple Choice Single Answer


Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour
Correct Answer Culture
Your Answer Culture

Multiple Choice Single Answer


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

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

True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer False

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
Your 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
Your Answer mission

Multiple Choice Multiple Answer


Question Business is rated on which dimensions
Correct Answer Market attractiveness , Business strength
Your Answer Market attractiveness , Business strength

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

Match The Following


Question Correct Answer Your Answer
Programs Combination of goals, policies, rules Combination of goals, policies, rules
Policies General statements and understanding which, guide thinking in decision-making General statements and understanding which, guide thinking in decision-making
ProceduresAre plans and a guide to action Are plans and a guide to action
Rules Spell out specific action or non-action Spell out specific action or non-action

Multiple Choice Multiple Answer


Question These following factors determine the desire of risk
Correct Answer Strategies , Resources
Your Answer Strategies , Resources

Multiple Choice Multiple Answer


Question Performance is affected by
Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles
Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Ruchi LIST OF ATTEMPTED QUESTIONS AND ANSWERS


True/False
Question Macro environment has got immediate impact on business.

Correct Answer False

Your Answer False

Multiple Choice Single Answer


Question These people are charged with the responsibility of continuous screening of performance?

Correct Answer Audit committee

Your Answer Audit committee

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

Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure

Multiple Choice Single Answer


Question It refers to formal and informal rules, regulations and procedures that complements the company structure

Correct Answer Systems

Your Answer Systems

True/False
Question Micro environment is the internal environment of a company.

Correct Answer False

Your Answer True

Select The Blank


Question ________ identifies the impact of any change on performance

Correct Answer Statistical quality control

Your Answer Statistical quality control

True/False
Question Focused company is generally protected from competition.

Correct Answer True

Your Answer True

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

Multiple Choice Single Answer


Question An approach that strives to follow ethical principles and percepts is
Vinit LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question The aim in stability strategies is-

Correct Answer move slowly & surely

Your Answer move slowly & surely

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

Correct Answer True

Your Answer True

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

True/False
Question All policies are 'statements'

Correct Answer False

Your Answer True

Multiple Choice Single Answer


Question Secondary sources of information are

Correct Answer newspapers, magazines, journals etc.

Your Answer research, surveys, interviews etc.

Multiple Choice Multiple Answer


Question market research is conducted by

Correct Answer by employees , by research agencies , by consultants

Your Answer by employees , by research agencies , by consultants

True/False
Question Macro environment has got immediate impact on business.

Correct Answer False

Your Answer False

Match The Following


Question Correct Answer Your Answer

Fit SWOT analysis SWOT analysis

Vision what a company wishes to become or aspires to what a company wishes to become or aspires to
be. be.
mission what the company is and why it exists. what the company is and why it exists.

BHAG big headed audacious goals big headed audacious goals


LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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

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

Select The Blank


Question The benefits of a change in process are defined in terms of ________ cost savings
Correct Answer Labour
Your Answer Labour

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
Your Answer Man-power planning

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
Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision

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
Your Answer risk

Multiple Choice Multiple Answer


Question The culture of a company is conveyed through
Correct Answer Rites , Myths , Rituals
Your Answer Rites , Myths , Rituals

Multiple Choice Single Answer


Question Degree to which the decision maker is accountable for the outcomes of the decision is
Correct Answer accountability
Your Answer accountability

True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer False

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

Multiple Choice Single Answer


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

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
Your Answer quality & no. of suppliers , logistics , raw material

Select The Blank


Question Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer IR, OB

Select The Blank


Question ________ models can be described as a system that describe how pieces of business fit together.
Correct Answer Business
Your Answer Circular

True/False
Question Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer True
Your Answer True

True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question The strategies which deal with the relative and restricted function for allocation of resources is
Correct Answer Funcational streategies
Your Answer Funcational streategies

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer True

Multiple Choice Multiple Answer


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

Match The Following


Question Correct Answer Your Answer

Role of Chief Executive Officer Responsible right from formulation / implementation to review of strategic management Link between company & external environment

Role of SUB-level Executive More focussed on product line & responsible for the co-ordination between SUBs & Senior managements Important link between strategizing &
implementation

Role of consultants Hired for specialized for new business or expertise Hired for specialized for new business or expertise

Multiple Choice Single Answer


Question Knowledge of the relationships between choices, environment & outcomes is
Correct Answer familiarity
Your Answer complexity

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

Multiple Choice Single Answer


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

Select The Blank


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

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer Research and planning , Forecasting
Your Answer Research and planning , Forecasting

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
Your Answer quality & no. of suppliers , logistics , raw material

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

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
Your Answer Asian Paints

True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer


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

Multiple Choice Single Answer


Question Financial environment is concerned with
Correct Answer demand & supply of money, capital markets
Your Answer demand & supply of money, capital markets

Select The Blank


Question Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer IR, OB

Multiple Choice Multiple Answer


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

Select The Blank


Question Economics of scale requires ________.
Correct Answer high market share
Your Answer high market share

Select The Blank


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

Select The Blank


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

Select The Blank


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

Match The Following


Question Correct Answer Your Answer

Gap analysis Difference between desired and projected performance Difference between desired and projected performance

7-S Framework Skills, super ordinate goals, structure Skills, super ordinate goals, structure

Alternate futures Option valuation model Fit well but low opportunities

Staffing Acquiring human resources Acquiring human resources

Multiple Choice Single Answer


Question Denominator management
Correct Answer cost reduction
Your Answer establish rapport with competitors

Multiple Choice Multiple Answer


Question Business is rated on which dimensions
Correct Answer Market attractiveness , Business strength
Your Answer Profit margin , Competition level

True/False
Question Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False
Your Answer False

True/False
Question Focused company is generally protected from competition.
Correct Answer True
Your Answer True

Multiple Choice Single Answer


Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer channel members, customers, suppliers etc.

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 , description of impact of each subfactor into a statement
which is positive, neutral or negative.

Multiple Choice Single Answer


Question Vertical integration is concerned with
Correct Answer supply chain
Your Answer production process

Multiple Choice Multiple Answer


Question These following factors determine the desire of risk
Correct Answer Strategies , Resources
Your Answer Resources , Time

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


True/False
Question Macro environment has got immediate impact on business.

Correct Answer False

Your Answer False

Multiple Choice Single Answer


Question These people are charged with the responsibility of continuous screening of performance?

Correct Answer Audit committee

Your Answer Audit committee

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

Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure

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 , description of
impact of each subfactor into a statement which is positive, neutral or negative.

Multiple Choice Multiple Answer


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 , market reaction

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 general agreement on trade & tariff

Multiple Choice Single Answer


Question In SWOT , S stands for

Correct Answer favorable condition in the organization's environment.

Your Answer favorable condition in the organization's environment.

Multiple Choice Single Answer


Question Associated external agencies means
SM assgn : Parmeet
Select The Blank
Question Factors leading to personnel capability are________.

Correct Answer IR, OB

Your Answer IR, OB

Multiple Choice Multiple Answer


Question market research is conducted by

Correct Answer by employees , by research agencies , by consultants

Your Answer by employees , by research agencies , by consultants

Multiple Choice Single Answer


Question Retrenchment strategy means

Correct Answer contraction of business activities

Your Answer contraction of business activities

Multiple Choice Single Answer


Question The discipline which deals with what is good and bad and which moral obligation is

Correct Answer Ethics

Your Answer Ethics

Select The Blank


Question The benefits of a change in process are defined in terms of ________ cost savings

Correct Answer Labour

Your Answer Labour

Multiple Choice Single Answer


Question An approach that strives to follow ethical principles and percepts is

Correct Answer Moral management

Your Answer Moral management

Match The Following


Question Correct Answer Your Answer

vertical forward integration means becoming your own customer becoming your own customer

horizontal integration means additional product/service for same customers additional product/service for same customers

vertical backward integration means becoming your own supplier becoming your own supplier

strategic alliances means two or more entities join hands for mutual two or more entities join hands for mutual
benefit. benefit.

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process


SM assgn : Parmeet
Multiple Choice Single Answer
Question Vertical integration is concerned with

Correct Answer supply chain

Your Answer supply chain

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

True/False
Question Scheduling is a part of strategic management.

Correct Answer False

Your Answer False

True/False
Question All policies are 'statements'

Correct Answer False

Your Answer False

Match The Following


Question Correct Answer Your Answer

Rely on short term assessment Barrier in evaluation Audit and Executive committee

Premise control Identifies key assumptions Identifies key assumptions

Emergency alert control evaluation Type of strategic control Control

Strategic evaluation Effectiveness of strategy Effectiveness of strategy

Select The Blank


Question Like roots of a tree, ________of organization is hidden from direct view.

Correct Answer core competence

Your Answer core competence

Multiple Choice Multiple Answer


Question Critical resources in the emerging information age are

Correct Answer Information , Expertise , Intelligence

Your Answer Information , Expertise , Intelligence

Multiple Choice Single Answer


Question It enables the strategists to take corrective action at the right time

Correct Answer Premise control

Your Answer Premise control


SM assgn : Parmeet
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 A hardware manufacture enters into software is an example of ________integration.

Correct Answer vertical ( forward )

Your Answer horizontal

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 ,
description of impact of each subfactor into a statement which is positive, neutral or negative.

Multiple Choice Single Answer


Question The strategies which deal with the relative and restricted function for allocation of resources is

Correct Answer Funcational streategies

Your Answer Funcational streategies

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion ,
Dynamic modes and mapping

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

Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

Select The Blank


Question Value chain analysis is an effective tool for ________.

Correct Answer internal analysis

Your Answer internal analysis

Multiple Choice Single Answer


Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

Multiple Choice Multiple Answer


Question These following factors determine the desire of risk
SM assgn :01: Shagun
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

Your Answer operational decisions

Multiple Choice Single Answer


Question Strategic management is concerned with

Correct Answer long- range planning

Your Answer long- range planning

Multiple Choice Single Answer


Question Mass media includes

Correct Answer radio, TV, internet etc.

Your Answer customer & dealers

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
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 ETOP stands for ________.

Correct Answer environmental threat & opportunity profile

Your Answer environmental threat & opportunity profile

Select The Blank


Question ETOP stands for ________.

Correct Answer environmental threat & opportunity profile

Your Answer environmental threat & opportunity profile

Multiple Choice Multiple 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

Multiple Choice Single Answer


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


SM assgn :02: Shagun
True/False
Question Changes in company structure also necessitates changes in the systems in various degrees

Correct Answer True

Your Answer False

Multiple Choice Multiple Answer


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

Multiple Choice Single Answer


Question It is the most important feature in the implementation of strategic management

Correct Answer leadership

Your Answer leadership

Multiple Choice Single Answer


Question The discipline which deals with what is good and bad and which moral obligation is

Correct Answer Ethics

Your Answer Ethics

Multiple Choice Single Answer


Question Strategic management is concerned with

Correct Answer long- range planning

Your Answer long- range planning

Multiple Choice Single Answer


Question Horizontal integration is concerned with

Correct Answer product lines

Your Answer product lines

Multiple Choice Multiple Answer


Question The major issues of appraisal system are

Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal

Your Answer Factors of appraisal , Procedure of appraisal , Individual appraisal

Multiple Choice Single Answer


Question Contractual entry modes are

Correct Answer licensing / franchising


SM assgn :Anushka
Multiple Choice Single Answer
Question In SWOT , S stands for

Correct Answer favorable condition in the organization's environment.

Your Answer Strategy

Select The Blank


Question Control should involve________ amount of information.

Correct Answer Minimum

Your Answer Maximum

Multiple Choice Single Answer


Question It enables the strategists to take corrective action at the right time

Correct Answer Premise control

Your Answer Strategic surveillance

Match The Following


Question Correct Answer Your Answer

Maintain strategy stable environment diversification

Market follower are imitator bypass attack

Market challenger are bypass attack imitator

Turnaround strategy V.R.S. differentiation

Select The Blank


Question Displacing competitor is ________ category of goal.

Correct Answer common enemy

Your Answer competitive

Match The Following


Question Correct Answer Your Answer

Marketing a product Mass segmentation Availability of resources

Environmental Analysis Social, Political, legal & technology Life cycle considerations

Swot Analysis Matching, converting, minimizing & avoiding Product formulated


strategies
Marketing strategy Life cycle considerations Mass segmentation

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 False

Multiple Choice Single Answer


Question Core purpose

Correct Answer mission

Your Answer strategy


SM assgn : Deepak
Multiple Choice Multiple Answer
Question Macro environment

Correct Answer Political- legal , socio-cultural , economic-demographic

Your Answer Political- legal , socio-cultural , economic-demographic , technology

Select The Blank


Question ________ identifies the impact of any change on performance

Correct Answer Statistical quality control

Your Answer Statistical quality control

True/False
Question Three C's affecting today's companies are customer, competition & change

Correct Answer True

Your Answer True

True/False
Question Getting new users is a position defense strategy.

Correct Answer False

Your Answer True

Select The Blank


Question Module of Flotilla strikes an optimum balance of ________ and flexibility

Correct Answer Standardisation

Your Answer Standardisation

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 Scheduling is a part of strategic management.

Correct Answer False

Your Answer True

Multiple Choice Multiple Answer


Question Critical resources in the emerging information age are

Correct Answer Information , Expertise , Intelligence

Your Answer Capital , Information , Expertise , Intelligence

Multiple Choice Single Answer


Question Mass media includes

Correct Answer radio, TV, internet etc.


SM assgn : Amit
True/False
Question Arranging training program on productivity is a strategic decision.

Correct Answer False

Your Answer False

Multiple Choice Single Answer


Question Investment entry mode are

Correct Answer joint venture/independent ventures/subsidiaries

Your Answer joint venture/independent ventures/subsidiaries

Multiple Choice Multiple Answer


Question These following factors determine the desire of risk

Correct Answer Strategies , Resources

Your Answer Strategies , Resources

Multiple Choice Multiple Answer


Question Harveststrategy is used for

Correct Answer Dogs , Question marks

Your Answer Dogs , Question marks

Multiple Choice Multiple Answer


Question Measures to take corrective action

Correct Answer Checking performance , Reformulate strategies , Standard check

Your Answer Checking performance , Reformulate strategies , Standard check

Multiple Choice Single Answer


Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of
human behaviour
Correct Answer Culture

Your Answer Culture

True/False
Question Scheduling is a part of strategic management.

Correct Answer False

Your Answer False

Multiple Choice Single Answer


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 Board of director

Multiple Choice Single Answer


Question Strategic management deals with
SM assgn : Amit
Multiple Choice Single Answer
Question These people are charged with the responsibility of continuous screening of performance?

Correct Answer Audit committee

Your Answer Audit committee

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 , description
of impact of each subfactor into a statement which is positive, neutral or negative.

Select The Blank


Question The ________ are distinct little business set up as units in a larger company

Correct Answer Strategic business Units

Your Answer Strategic business Units

Select The Blank


Question Strategic evaluation determines the effectiveness of ________

Correct Answer Strategy

Your Answer Strategy

Select The Blank


Question ________ is seen as an integral process that converts materials into goods

Correct Answer Systems

Your Answer Systems

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

Multiple Choice Single Answer


Question Secondary sources of information are

Correct Answer newspapers, magazines, journals etc.

Your Answer newspapers, magazines, journals etc.

Multiple Choice Single Answer


Question Strategic management is concerned with

Correct Answer long- range planning

Your Answer long- range planning

Multiple Choice Single Answer


Question Export entry modes are

Correct Answer direct/indirect export


SM assgn : Gaurav
True/False
Question Arranging training program on productivity is a strategic decision.

Correct Answer False

Your Answer False

Match The Following


Question Correct Answer Your Answer

Vertical forward integration means Becoming your own customer Becoming your own customer

Position defense means Fortification around one's territory Fortification around one's territory

Market follower are Imitator Imitator

Horizontal integration means Additional product/service for same customers Additional product/service for same customers

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 Self-awareness

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

Your Answer Operational level systems

Multiple Choice Multiple Answer


Question The various models of social responsibility are

Correct Answer Austere Model , Vendors Model , Civic Model

Your Answer Austere Model , Vendors Model , Civic Model

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion ,
Dynamic modes and mapping

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


SM assgn : Shagun
Select The Blank
Question Brush your teeth twice a day is an example of expanding the total market by________.

Correct Answer more usage

Your Answer more usage

True/False
Question Reciprocal responsibility means equal blames and credit.

Correct Answer False

Your Answer False

Select The Blank


Question ________ is the company's most critical and scarest resource.

Correct Answer Capital

Your Answer Labour

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion ,
Dynamic modes and mapping

Multiple Choice Single Answer


Question Concentric diversification means

Correct Answer new activity related to existing business

Your Answer new activity related to existing business

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

True/False
Question Numerator may bring short-term results, but there may be serious long-term sacrifices.

Correct Answer False

Your Answer True

Match The Following


Question Correct Answer Your Answer

Benchmarking is competitive analysis competitive analysis

Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

Comparative analysis is historical analysis value chain analysis


SM assgn : Seema
Multiple Choice Multiple Answer
Question Three important managerial qualities required for the effective strategic management

Correct Answer Vision , Conceptual, human & intellectual skills , Decision making ability

Your Answer communication 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

Your Answer Centralization

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

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
Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of
technology

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

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

Your Answer Asian Paints

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

Your Answer Shapers

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

Your Answer Structural planning

Multiple Choice Single Answer


SM assgn : Mohit
Multiple Choice Multiple Answer
Question The various models of social responsibility are

Correct Answer Austere Model , Vendors Model , Civic Model

Your Answer Civic Model , Austere Model , Vendors Model

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

Your Answer Capital structure planning

Multiple Choice Multiple Answer


Question The reasons for acquisition are

Correct Answer Increased market power , Increased diversification , Increased speed to market

Your Answer Increased market power , Increased diversification , Increased speed to market

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

Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate

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

Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Multiple Choice Single Answer


Question Horizontal integration is concerned with

Correct Answer product lines

Your Answer product lines

Multiple Choice Single Answer


Question It concentrates on organisation design and work flow

Correct Answer Flotilla

Your Answer Flotilla

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

Your Answer Adapters

True/False
Question Arranging training program on productivity is a strategic decision.

Correct Answer False

Your Answer False


epak
ice Multiple Answer
Attack strategies are
wer encirclement attack , frontal attack , flank attack

Multiple Choice Multiple Answer


Factors to be considered while deciding candidates for divestiture are
wer Taxes, availability of buyers, market reaction

lank
Titan going into setting their won retail outlets- this is ________ integration.
wer vertical ( forward )

ice Single Answer


Vertical integration is concerned with
wer Supply chain

Companies have strengths in a number of areas but their key strength are few in number
wer True

All policies are 'statements'


wer False

ollowing
Correct Answer Your Answer
ss Fit well but low opportunities Fit well but low opportunities
Difference between desired and projected Difference between desired and projected
performance performance
enting Managing SBU's by a corporate Misfit with understanding of critical success
factors
iness Give the highest priority Give the highest priority
ice Single Answer
This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments
wer Reserve the right to play

ice Single Answer


It is the most important feature in the implementation of strategic management
wer Leadership

The super structure indicates ways in which company's tasks are integrated or coordinated
wer True

ice Single Answer


The tool used for decision making in 'A range of futures' scenario is
wer Technology forecasting

Counterfeiter copy but with a difference that can be seen.


wer False

ice Single Answer


It concentrates on organization design and work flow
wer Flotilla

Change in company's strategy gives rise to problems necessitating a new structure to be made
wer True

lank
Value chain analysis is an effective tool for ________.
wer internal analysis

ice Single Answer


Empower people through great software anytime , any place, on any device'- Microsoft
wer vision

lank
Economics of scale requires ________.
wer high market share
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
hoice Multiple Answer
Macro environment
swer Political- legal , socio-cultural , economic-demographic

Blank
________ identifies the impact of any change on performance
swer Statistical quality control

Three C's affecting today's companies are customer, competition & change
swer True

Getting new users is a position defense strategy.


swer False

Blank
Module of Flotilla strikes an optimum balance of ________ and flexibility
swer Standardization
Blank
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.

swer Co-ordination

Scheduling is a part of strategic management.


swer False

hoice Multiple Answer


Critical resources in the emerging information age are
swer Information , Expertise , Intelligence

hoice Single Answer


Mass media includes
swer radio, TV, internet etc.

Following
Correct Answer Your Answer
unds Factor leading to financial capability Product, Price, Place, Process
and usage of information Factor leading to Information Management Factor leading to Personnel Capability
Capability
el System Factor leading to Personnel Capability Product, Price, Place, Promotion
Product, Price, Place, Promotion Value chain analysis
hoice Multiple Answer
How does 'structure' reduce internal uncertainity arising out of human behaviour
swer Control mechanism , Departmentalisation

Following
Correct Answer Your Answer
General statements and understanding which, Combination of goals, policies, rules
guide thinking in decision-making
Are plans and a guide to action General statements and understanding which,
guide thinking in decision-making
Spell out specific action or non-action Are plans and a guide to action
Combination of goals, policies, rules Is a statement of expected resultsin numbers

Blank
The benefits of a change in process are defined in terms of ________ cost savings
swer Labour

hoice Single Answer


The strategies which deal with the relative and restricted function for allocation of resources is
swer Funcational streategies

hoice Multiple Answer


Niche marketing means
swer end user specialist , specific customer specialist , geographic specialist
hoice Multiple Answer
market research is conducted by

swer by consultants , by employees , by research agencies

Blank
________ is the drive to achieve beyond one's expectations
swer Motivation

Following
Correct Answer Your Answer
tal Analysis Social, Political, legal & technology Matching, converting, minimizing & a

is Matching, converting, minimizing & avoiding strategies Social, Political, legal & technology

trategy Life cycle considerations Product formulated


product Mass segmentation Mass segmentation

hoice Single Answer


It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpect

swer Emergency alert contriol

hoice Multiple Answer


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

Following
Correct Answer Your Answer
wer are imitator imitator
enger are bypass attack diversification
strategy V.R.S. bypass attack
ategy stable environment stable environment
hoice Multiple Answer
The control process requires the following types of information
swer Planned performance , Variances , Reasons

hoice Multiple Answer


The various models of social responsibility are
swer Austere Model , Vendors Model , Civic Model

Blank
________ is the company's most critical and scarest resource.
swer Capital

e
Scheduling is a part of strategic management.
swer False

hoice Multiple Answer


Principles to manage strategic alliances are
swer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy

e
Staffing function applies to all company levels irrespective of levels of hierarchy
swer True

e
Macro environment has got immediate impact on business.
swer False

hoice Multiple Answer


Criteria for making an evaluation are
swer Consistency with goals , Consistency with environment , Money

e
Micro environment is the internal environment of a company.
swer False

hoice Multiple Answer


Limitations of Traditional cost accounting are
swer Assumes factory as an isolated entity , It measures only the cost of producing

Blank
GATT stands for ________.
swer general agreement on trade & tariff

hoice Single Answer


Horizontal integration is concerned with
swer product lines

Blank
Like roots of a tree, ________of organization is hidden from direct view.
swer core competence

Blank
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts

swer Operational level systems

Blank
Control should involve________ amount of information.
swer Minimum

hoice Single Answer


In SWOT , S stands for
swer favorable condition in the organization's environment.

hoice Multiple Answer


Merger takes place
swer between a buyer and a seller , to avail tax concessions , to increase growth rates

hoice Multiple Answer


The Hallmarks for self-regulation are
swer Trust & fairness , Changed Management , Integrity & thoughtfulness

hoice Single Answer


An approach that strives to follow ethical principles and percepts is
swer Moral management

hoice Single Answer


The tool used for decision making in ' The alternate futures ' scenario is
swer Option Valuation model

e
Reciprocal responsibility means equal blames and credit.
swer False

e
Excelling in one market guarantees success in a new.
swer False

hoice Single Answer


It enables the strategists to take corrective action at the right time
swer Premise control

hoice Single Answer


It is used extensively in organisation and is concerned with action or performance
swer Operational control

Blank
________ models can be described as a system that describe how pieces of business fit together.
swer Business

hoice Multiple Answer


Factors encouraging joint ventures are
swer uneconomical separate existence , risk of business gets shared , sharing competence of each other
Blank
ETOP stands for ________.
swer environmental threat & opportunity profile

e
Adapter duplicate the leader and claim to be similar or even the same.
swer False

hoice Single Answer


The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is

swer Receivables planning

hoice Multiple Answer


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

hoice Multiple Answer


Harvest strategy is used for
swer Dogs , Question marks

hoice Single Answer


It indicates the degree of differentiation
swer Structure

e
Timing of measurement before hand serves the purpose of evaluation.
swer False

e
According to Michael Porter, the core of efficiency management is strategy.
swer True

Blank
________ is a modern plant consisting of modules centered around a stage in the production process

swer Flotilla concept

hoice Single Answer


Strategic management is mainly the responsibility of
swer Top Management

Blank
Like roots of a tree, ________of organization is hidden from direct view.
swer core competence

hoice Single Answer


Strategic management is concerned with
swer long- range planning

hoice Single Answer


It refers to formal and informal rules, regulations and procedures that complements the company structure

swer Systems

e
Arranging training program on productivity is a strategic decision.

swer False

SM assgn : Hemant
Multiple Choice Single Answer
Question Secondary sources of information are

Correct Answer newspapers, magazines, journals etc.

Your Answer newspapers, magazines, journals etc.

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

Correct Answer True

Your Answer True

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

Your Answer Asian Paints

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

Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Multiple Answer


Question Different kinds of information systems are

Correct Answer Operational level system , Knowledge level system , Management level system

Your Answer Operational level system , Knowledge level system , Management level system

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

Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export

Multiple Choice Multiple Answer


Question Various phases of Growth are

Correct Answer Creativity , Delegation , Co-ordination

Your Answer Creativity , Delegation , Co-ordination

Multiple Choice Single Answer


Question Secondary sources of information are

Correct Answer newspapers, magazines, journals etc.

Your Answer newspapers, magazines, journals etc.

Multiple Choice Single Answer


Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy

Correct Answer Crisis

Your Answer Emergency


SM assgn : Hemant
Multiple Choice Single Answer
Question Denominator management

Correct Answer cost reduction

Your Answer cost reduction

Multiple Choice Single Answer


Question Core purpose

Correct Answer mission

Your Answer strategy

Multiple Choice Multiple Answer


Question Organizational models are

Correct Answer multinational model , international model , global organizational model

Your Answer multinational model , international model , global organizational model

Multiple Choice Single Answer


Question The tool used for decision making in ' The alternate futures ' scenario is

Correct Answer Option Valuation model

Your Answer Option Valuation model

True/False
Question Adapter duplicate the leader and claim to be similar or even the same.

Correct Answer False

Your 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.
Your 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 Macro environment has got immediate impact on business.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question The culture of a company is conveyed through

Correct Answer Rites , Myths , Rituals

Your Answer Myths , Rituals , Style

Multiple Choice Single Answer


Question The tool used for decision making in 'A range of futures' scenario is

Correct Answer Technology forecasting


SM assgn : Mayur
Select The Blank
Question Modern Accounting uses ________ as a unit of measure

Correct Answer Time

Your Answer Time

True/False
Question Standards of performance act as the benchmark against which the actual performance is compared.

Correct Answer True

Your Answer True

Multiple Choice Single Answer


Question Associated external agencies means

Correct Answer channel members, customers, suppliers etc.

Your Answer channel members, customers, suppliers etc.

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 Self-awareness

Match The Following


Question Correct Answer Your Answer

Marketing a product Mass segmentation Mass segmentation

Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology

Swot Analysis Matching, converting, minimizing & avoiding Matching, converting, minimizing & avoiding
strategies strategies
Marketing strategy Life cycle considerations Life cycle considerations

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

Your Answer Company secretary , Auditor , Financial controller

Select The Blank


Question ________ identifies the impact of any change on performance

Correct Answer Statistical quality control

Your Answer Statistical quality control

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.
Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization
strives for.

Multiple Choice Single Answer


Question This strategic posture takes the current industry structure and its future evolution as given and then react to the
SM assgn : Saikat
Multiple Choice Single Answer
Question In SWOT , S stands for

Correct Answer favorable condition in the organization's environment.

Your Answer potentials and competencies of organization.

Multiple Choice Single 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

Multiple Choice Single Answer


Question T in SWOT, refers to

Correct Answer unfavorable conditions in external environment.

Your Answer unfavorable conditions in external environment.

Match The Following


Question Correct Answer Your Answer

Fit SWOT analysis

Vision what a company wishes to become or aspires what the company is and why it exists.
to be.
mission what the company is and why it exists. first intensive target

BHAG big headed audacious goals

Select The Blank


Question Make or buy decision is related with ________strategy.

Correct Answer vertical ( backward ) integration

Your Answer vertical ( backward ) integration

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 Statistical quality control

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

True/False
Question Adapter duplicate the leader and claim to be similar or even the same.

Correct Answer False

Your Answer False


v

SM assgn
Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Select The Blank


Question ________ should have the ability to develop a visionto see patterns into the future.

Correct Answer Leaders

Your Answer Leaders

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time

Your Answer Time

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

Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer internal transformation

Your Answer specialization

True/False
Question Systems are formal and informal rules and regulations that complements the company structure

Correct Answer True

Your Answer True

Select The Blank


Question ________ is the drive to achieve beyond one's expectations

Correct Answer Motivation

Your Answer Motivation


Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Match The Following


Question Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis value chain analysis

Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation ,
Dynamic modes and mapping

True/False
Question Getting new users is a position defense strategy.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour

Correct Answer Research and planning , Forecasting

Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer integration strategy


A hardware manufacture enters into software is an example of integration.

SM assgn : GS Kumars
Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Select The Blank


Question ________ should have the ability to develop a visionto see patterns into the future.

Correct Answer Leaders

Your Answer Leaders

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time

Your Answer Time

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

Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer internal transformation

Your Answer specialization

True/False
Question Systems are formal and informal rules and regulations that complements the company structure

Correct Answer True

Your Answer True

Select The Blank


Question ________ is the drive to achieve beyond one's expectations

Correct Answer Motivation

Your Answer Motivation


Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Match The Following


Question Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis value chain analysis

Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert
opinion , simulation , Dynamic modes and mapping

True/False
Question Getting new users is a position defense strategy.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour

Correct Answer Research and planning , Forecasting

Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer integration strategy


SM assgn : Divya
Multiple Choice Multiple Answer
Question The control process requires the following types of information

Correct Answer Reasons , Planned performance , Variances

Your Answer Reasons , Planned performance , Variances

Multiple Choice Single Answer


Question The tool used for decision making in 'A range of futures' scenario is

Correct Answer Technology forecasting

Your Answer Latent demand research

True/False
Question All policies are 'statements'

Correct Answer False

Your Answer True

Select The Blank


Question Brush your teeth twice a day is an example of expanding the total market by________.

Correct Answer more usage

Your Answer more usage

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

Your Answer Supply chains

Multiple Choice Multiple Answer


Question The reasons for acquisition are

Correct Answer Increased market power , Increased diversification , Increased speed to market

Your Answer Increased market power , Increased diversification , Increased speed to market

Multiple Choice Single Answer


Question CAP related to internal appraisal of firm stands for

Correct Answer competitive advantage profile

Your Answer competitive advantage profile

Multiple Choice Single Answer


Question Export entry modes are

Correct Answer direct/indirect export

Your Answer direct/indirect export

Multiple Choice Single Answer


Question Associated external agencies means
SM assgn : Manish
Multiple Choice Single Answer
Question The discipline which deals with what is good and bad and which moral obligation is

Correct Answer Ethics

Your Answer Ethics

Multiple Choice Multiple Answer


Question Core ideology

Correct Answer core values , core purpose

Your Answer core values , core purpose

Select The Blank


Question Factors leading to personnel capability are________.

Correct Answer IR, OB

Your Answer IR, OB

Multiple Choice Single Answer


Question It refers to formal and informal rules, regulations and procedures that complements the company structure

Correct Answer Systems

Your Answer Systems

Multiple Choice Single Answer


Question It indicates the degree of differentiation

Correct Answer Structure

Your Answer Status

Multiple Choice Single Answer


Question Associated external agencies means

Correct Answer channel members, customers, suppliers etc.

Your Answer channel members, customers, suppliers etc.

Multiple Choice Single Answer


Question Vertical integration is concerned with

Correct Answer supply chain

Your Answer supply chain

Select The Blank


Question Companies employ trained ________ to develop "competency models" to identify potential leaders

Correct Answer Psychologists

Your Answer Psychiatrists

Multiple Choice Multiple Answer


Question Measures to take corrective action
SM assgn
Multiple Choice Single Answer
Question W in SWOT stands for

Correct Answer inherent inadequacy of organization

Your Answer inherent inadequacy of organization

Multiple Choice Single Answer


Question Mass media includes

Correct Answer radio, TV, internet etc.

Your Answer radio, TV, internet etc.

Multiple Choice Multiple Answer


Question The major issues of appraisal system are

Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal

Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal

Multiple Choice Multiple Answer


Question Various phases of Growth are

Correct Answer Creativity , Delegation , Co-ordination

Your Answer Creativity , Delegation , Co-ordination

Select The Blank


Question ________ and greater accountability replace formal control.

Correct Answer Self-discipline

Your Answer Self-discipline

Multiple Choice Multiple Answer


Question Money is invested by way of

Correct Answer Debt , Equity

Your Answer Debt , Equity

True/False
Question Under functional strategics we have vertical fit & horizontal fit.

Correct Answer True

Your Answer True

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

Your Answer Staffing

Multiple Choice Multiple Answer


Question The reasons for acquisition are

Correct Answer Increased market power , Increased diversification , Increased speed to market

Your Answer Increased market power , Increased diversification , Increased speed to market
SM assgn : Abhis
Multiple Choice Multiple Answer
Question Criteria for making an evaluation are

Correct Answer Money , Consistency with goals , Consistency with environment

Your Answer Money , Consistency with goals , Consistency with environment

Multiple Choice Single Answer


Question It refers to the relatively more durable company arrangements and relationships

Correct Answer Structure

Your Answer Strategy

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer concentration strategy

Multiple Choice Multiple Answer


Question Macro environment

Correct Answer Political- legal , socio-cultural , economic-demographic

Your Answer Political- legal , socio-cultural , economic-demographic

Multiple Choice Single Answer


Question Degree to which the decision maker is accountable for the outcomes of the decision is

Correct Answer accountability

Your Answer relativity

Multiple Choice Single Answer


Question Strategic management is concerned with

Correct Answer long- range planning

Your Answer long- range planning

True/False
Question All policies are 'statements'

Correct Answer False

Your Answer False

True/False
Question Budgets are plans expressed in numerical terms usually in financial terms

Correct Answer True

Your Answer True

Select The Blank


Question ________ and greater accountability replace formal control.

Correct Answer Self-discipline

Your Answer Self-discipline


SM assgn : Gayatri
Multiple Choice Multiple Answer
Question What is Statistical Quality Control(SQC)

Correct Answer Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production
process , Identifies impact of any change on performance
Your Answer Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production
process , Identifies impact of any change on performance

Multiple Choice Multiple Answer


Question They have time based utility

Correct Answer Goals , Resources

Your Answer Goals , Resources

Multiple Choice Single Answer


Question T in SWOT, refers to

Correct Answer unfavorable conditions in external environment.

Your Answer unfavorable conditions in external environment.

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

Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export

Match The Following


Question Correct Answer Your Answer

Fit SWOT analysis SWOT analysis

Vision what a company wishes to become or aspires what a company wishes to become or aspires to
to be. be.
mission what the company is and why it exists. what the company is and why it exists.

BHAG big headed audacious goals big headed audacious goals

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

Match The Following


Question Correct Answer Your Answer

Sharplin S.M. is the formulation & implementation of S.M. is the formulation & implementation of
plans related to total organization. plans related to total organization.
Glueck S.M. is a stream of decisions & actions S.M. is a stream of decisions & actions

Hofer S.M. is the process, which deals with S.M. is the process, which deals with
organizational renewal & growth. organizational renewal & growth.
Ansoff S.M. is the systematic approach to position and S.M. is the systematic approach to position and
relate firm to its environment. relate firm to its environment.

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
SM assgn : Manish
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

Multiple Choice Multiple Answer


Question The Hallmarks for self-regulation are

Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness

Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness

Select The Blank


Question ________cost accounting measures the cost of producing and ignores the cost of non-producing

Correct Answer Traditional

Your Answer Traditional

Multiple Choice Single Answer


Question Strategic management is concerned with

Correct Answer long- range planning

Your Answer controlling

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

True/False
Question Scheduling is a part of strategic management.

Correct Answer False

Your Answer True

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

Your Answer operational decisions

Multiple Choice Single Answer


Question Corporate strategy ensures

Correct Answer fit between the firm and its environment

Your Answer fit between the firm and its environment

Select The Blank


Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.
SM assgn
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

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer integration strategy

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

Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate

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

Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

Multiple Choice Single Answer


Question Mass media includes

Correct Answer radio, TV, internet etc.

Your Answer radio, TV, internet etc.

Multiple Choice Single 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

Select The Blank


Question GATT stands for ________.

Correct Answer general agreement on trade & tariff

Your Answer general agreement on trade & tariff

Multiple Choice Single Answer


Question Maintain strategies means

Correct Answer no change in strategies

Your Answer no change in strategies

Select The Blank


Question Factors leading to personnel capability are________.

Correct Answer IR, OB


SM assgn : Senthil
Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer weakness of competitors

Select The Blank


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

Select The Blank


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

Select The Blank


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

Multiple Choice Single Answer


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

Multiple Choice Single Answer


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

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.
Correct Answer internal transformation
Your Answer internal transformation

Multiple Choice Multiple Answer


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 avail tax concessions , to increase growth rates

Multiple Choice Multiple Answer


Question The culture of a company is conveyed through
Correct Answer Rituals , Rites , Myths
Your Answer Rites , Myths , Rituals

Select The Blank


Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation

Select The Blank


Question Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer vertical ( backward ) integration

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

True/False
Question Change in company's strategy gives rise to problems necessitating a new structure to be made
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer


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

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
Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Single Answer


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

True/False
Question Timing of measurement before hand serves the purpose of evaluation.
Correct Answer False
Your Answer True

True/False
Question According to Michael Porter, the core of efficiency management is strategy.
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer


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

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

Match The Following


Question Correct Answer Your Answer

strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit.

vertical forward integration means becoming your own customer becoming your own customer

horizontal integration means additional product/service for same customers additional product/service for same customers

vertical backward integration means becoming your own supplier becoming your own supplier

True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False

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

True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer False

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
Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic
modes and mapping

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

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
Your Answer Adapters
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
Your Answer CRM

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

Select The Blank


Question A hardware manufacture enters into software is an example of ________integration.
Correct Answer vertical ( forward )
Your Answer vertical ( forward )

True/False
Question Reciprocal responsibility means equal blames and credit.
Correct Answer False
Your Answer True

Match The Following


Question Correct Answer Your Answer

Market follower are Imitator Imitator

Horizontal integration means Additional product/service for same customers Additional product/service for same customers

Vertical forward integration means Becoming your own customer Becoming your own customer

Position defense means Fortification around one's territory Fortification around one's territory

Multiple Choice Multiple Answer


Question Core ideology
Correct Answer core values , core purpose
Your Answer core values , core purpose

Multiple Choice Multiple Answer


Question Performance is affected by
Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles
Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
Your Answer Time

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

Multiple Choice Single Answer


Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Your Answer Flotilla

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer Research and planning , Forecasting
Your Answer Research and planning , Forecasting

Multiple Choice Single Answer


Question Export entry modes are
Correct Answer direct/indirect export
Your Answer direct/indirect export

Multiple Choice Single Answer


Question The traditional approach towards uncertainity is
Correct Answer Binary
Your Answer Multiple

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
Your Answer False
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

Multiple Choice Multiple Answer


Question Measures to take corrective action
Correct Answer Checking performance , Reformulate strategies , Standard check
Your Answer Checking performance , Reformulate strategies , Standard check

Multiple Choice Multiple Answer


Question Money is invested by way of
Correct Answer Debt , Equity
Your Answer Debt , Equity

Multiple Choice Single Answer


Question Strategic management deals with
Correct Answer Business process
Your Answer Business process
SM assgn : Urvi
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 True

Select The Blank


Question ________ is seen as an integral process that converts materials into goods

Correct Answer Systems

Your Answer Statistical quality control

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer integration strategy

True/False
Question Arranging training program on productivity is a strategic decision.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question The various areas covered by social responsibility are

Correct Answer Inner Circle , Intermediate circle , Outer Circle

Your Answer Inner Circle , Intermediate circle , Outer Circle

Select The Blank


Question The benefits of a change in process are defined in terms of ________ cost savings

Correct Answer Labour

Your Answer Labour

True/False
Question Timing of measurement before hand serves the purpose of evaluation.

Correct Answer False

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 True

Multiple Choice Multiple Answer


Question Factors to be considered in political- legal environmental scanning are
It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections &
departments

a) departmentation
b) top management

c) policy framing
d) mobilization
Labour satisfaction may result in unethical behaviour as anger.

True

False

It refers to the relatively more durable company arrangements and relationships

a) Structure

b) Staffing
c) Strategy

d) Style

Factors encouraging joint ventures are

a) uneconomical separate existence


b) risk of business gets shared
c) sharing competence of each other
d) monopoly of one company

Financial environment is concerned with

a) demand & supply of money, capital markets

b) Finance department
c) Account section
d) Production department

29. These people are charged with the responsibility of continuous screening of performance?

a)
Audit committee
b)

c) Chief executive

d) External auditor

Financial controller
33. These are moves that will pay off irrespective of what happens in the future

a)
Options
b)

c) Big bets

d) No-regret moves

Reserve the right to play


39.
models can be described as a system that describe how pieces of business fit together.
(circular,modular,narrative or business)
SM assgn : Urvi
Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

True/False
Question The super structure indicates ways in which company's tasks are integrated or coordinated

Correct Answer True

Your Answer True

Select The Blank


Question Displacing competitor is ________ category of goal.

Correct Answer common enemy

Your Answer aggressive

True/False
Question Scheduling is a part of strategic management.

Correct Answer False

Your Answer False

Multiple Choice Single Answer


Question Corporate strategy ensures

Correct Answer fit between the firm and its environment

Your Answer fit between the firm and its environment

Multiple Choice Single Answer


Question Concentric diversification means

Correct Answer new activity related to existing business

Your Answer social activity

True/False
Question Micro environment is the internal environment of a company.

Correct Answer False

Your Answer True

Multiple Choice Multiple Answer


Question Competenncy models reveal three types of capabilities

Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient

Your Answer Technical skills , Cognitive skills , Integrity

Multiple Choice Multiple Answer


Question Different kinds of information systems are
It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected
events

Emergency alert contriol

Premise control

Implementation control

Strategic surveillance
SM assgn : Urvi
Select The Blank
Question Like roots of a tree, ________of organization is hidden from direct view.

Correct Answer core competence

Your Answer core competence

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

Multiple Choice Multiple Answer


Question Business is rated on which dimensions

Correct Answer Market attractiveness , Business strength

Your Answer Market attractiveness , Business strength , Profit margin

Multiple Choice Single Answer


Question Denominator management

Correct Answer cost reduction

Your Answer cost reduction

True/False
Question Systems are formal and informal rules and regulations that complements the company structure

Correct Answer True

Your Answer True

Multiple Choice Single Answer


Question Mission

Correct Answer philosophy, public image

Your Answer vision

True/False
Question Getting new users is a position defense strategy.

Correct Answer False

Your Answer True

Multiple Choice Multiple Answer


Question The major issues of appraisal system are

Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal

Your Answer Factors of appraisal , Relevance of apprasial , Individual appraisal

Select The Blank


Question ________ relationships are effective in communicating complex information
SM assgn :03: Baizu
True/False
Question Staffing function applies to all company levels irrespective of levels of hierarchy

Correct Answer True

Your Answer True

Multiple Choice Multiple Answer


Question The reasons for acquisition are

Correct Answer Increased market power , Increased diversification , Increased speed to market

Your Answer Increased diversification , Increased speed to market , Increased market power

Multiple Choice Multiple Answer


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 , provide for an exit strategy

Multiple Choice Multiple Answer


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 avail tax concessions , to increase growth rates

Select The Blank


Question Titan going into setting their won retail outlets- this is ________ integration.

Correct Answer vertical ( forward )

Your Answer vertical ( forward )

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time

Your Answer Goals

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer concentration strategy

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

Your Answer Asian Paints

True/False
Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question The control process requires the following types of information

Correct Planned performance , Variances , Reasons


Answer
Your Answer Planned performance , Variances , Reasons

Select The Blank


Question Module of Flotilla strikes an optimum balance of ________ and flexibility

Correct Standardisation
Answer
Your Answer Standardisation

True/False
Question Focused company is generally protected from competition.

Correct True
Answer
Your Answer False

Multiple Choice Multiple Answer


Question Organizational models are

Correct multinational model , international model , global organizational model


Answer
Your Answer multinational model , international model , global organizational model

Multiple Choice Multiple Answer


Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis

Correct Company secretary , Auditor , Financial controller


Answer
Your Answer Chartered accountant , Auditor , Financial controller

Multiple Choice Single Answer


Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and
organisational implications
Correct Board of director
Answer
Your Answer External auditor

Multiple Choice Multiple Answer


Question The Hallmarks for self-regulation are

Correct Trust & fairness , Changed Management , Integrity & thoughtfulness


Answer
Your Answer Trust & fairness , Integrity & thoughtfulness , Lack of emotions

Multiple Choice Single Answer


Question Mission

Correct philosophy, public image


Answer
Your Answer vision

Match The Following


Question Correct Answer Your Answer

strategic alliances means two or more entities join hands for mutual two or more entities join hands for mutual benefit.
benefit.
vertical forward integration means becoming your own customer becoming your own customer

horizontal integration means additional product/service for same customers additional product/service for same customers

vertical backward integration means becoming your own supplier becoming your own supplier

Match The Following


SM assgn :04: Carissa
True/False
Question According to Michael Porter, the core of efficiency management is strategy.

Correct Answer True

Your Answer True

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Multiple Choice Single Answer


Question Financial environment is concerned with

Correct Answer demand & supply of money, capital markets

Your Answer demand & supply of money, capital markets

Multiple Choice Multiple Answer


Question Different kinds of information systems are

Correct Answer Operational level system , Knowledge level system , Management level system

Your Answer Operational level system , Knowledge level system , Management level system

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

Your Answer Strategic evaluation

Select The Blank


Question Control should involve________ amount of information.

Correct Answer Minimum

Your Answer Minimum

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 The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect
it."
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False
Question According to Michael Porter, the core of efficiency management is strategy.

Correct Answer True

Your Answer True

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Multiple Choice Single Answer


Question Financial environment is concerned with

Correct Answer demand & supply of money, capital markets

Your Answer demand & supply of money, capital markets

Multiple Choice Multiple Answer


Question Different kinds of information systems are

Correct Answer Operational level system , Knowledge level system , Management level system

Your Answer Operational level system , Knowledge level system , Management level system

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

Your Answer Strategic evaluation

Select The Blank


Question Control should involve________ amount of information.

Correct Answer Minimum

Your Answer Minimum

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 The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
SM assgn:Harikrishnan J
Multiple Choice Single Answer
Question CAP related to internal appraisal of firm stands for

Correct Answer competitive advantage profile

Your Answer competitive advantage profile

Match The Following


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

Select The Blank


Question ________ relationships are effective in communicating complex information

Correct Answer Personal

Your Answer Personal

Select The Blank


Question ________ should have the ability to develop a visionto see patterns into the future.

Correct Answer Leaders

Your Answer Leaders

Multiple Choice Multiple Answer


Question The various models of social responsibility are

Correct Answer Austere Model , Vendors Model , Civic Model

Your Answer Austere Model , Vendors Model , Civic Model

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

Your Answer Supply chains

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 Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time


Your Answer Time

Multiple Choice Single Answer


Question At this level , the effort is directed at assessing the consistency of strategy with the environment

Correct Answer Strategic evaluation

Your Answer Strategic evaluation

Multiple Choice Multiple Answer


Question Critical resources in the emerging information age are

Correct Answer Expertise , Information , Intelligence

Your Answer Information , Expertise , Intelligence

Select The Blank


Question Value chain analysis is an effective tool for ________.

Correct Answer internal analysis

Your Answer internal analysis

Multiple Choice Single Answer


Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Multiple Choice Multiple Answer


Question The Hallmarks for self-regulation are

Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness

Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness

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

Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision

True/False
Question Standards of performance act as the benchmark against which the actual performance is compared.

Correct Answer True

Your Answer True

Select The Blank


Question ________cost accounting measures the cost of producing and ignores the cost of non-producing

Correct Answer Traditional

Your Answer Traditional


Multiple Choice Multiple 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 , Money

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

Your Answer Staffing

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 Statistical quality control

True/False
Question Scheduling is a part of strategic management.

Correct Answer False

Your Answer True

True/False
Question Budgets are plans expressed in numerical terms usually in financial terms

Correct Answer True

Your Answer True

Multiple Choice Single Answer


Question The discipline which deals with what is good and bad and which moral obligation is

Correct Answer Ethics

Your Answer Ethics

Match The Following


Question Correct Answer Your Answer
Fit SWOT analysis SWOT analysis
Vision what a company wishes to become or aspires what a company wishes to become or
to be.
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 big headed audacious goals

Multiple Choice Single Answer


Question These are moves that will pay off irrespective of what happens in the future

Correct Answer No-regret moves


Your Answer No-regret moves

Multiple Choice Single Answer


Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control

Correct Answer Chief executive

Your Answer Chief executive

Multiple Choice Single Answer


Question In SWOT , S stands for

Correct Answer favorable condition in the organization's environment.

Your Answer potentials and competencies of organization.

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

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 ETOP stands for ________.

Correct Answer environmental threat & opportunity profile

Your Answer environmental threat & opportunity profile

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

True/False
Question Timing of measurement before hand serves the purpose of evaluation.

Correct Answer False

Your Answer True

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour

Correct Answer Research and planning , Forecasting

Your Answer Division of labour , Departmentalisation


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

Your Answer Company secretary , Auditor , Financial controller

Multiple Choice Single Answer


Question It is the most important feature in the implementation of strategic management

Correct Answer leadership

Your Answer leadership

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

Multiple Choice Multiple Answer


Question The reasons for acquisition are

Correct Answer Increased market power , Increased diversification , Increased speed to market

Your Answer Increased market power , Increased diversification , Increased speed to market

Select The Blank


Question Brush your teeth twice a day is an example of expanding the total market by________.

Correct Answer more usage

Your Answer more usage

Multiple Choice Multiple Answer


Question An unhealthy portfolio has

Correct Answer More dogs , Few stars

Your Answer More dogs , Few stars

True/False
Question Focused company is generally protected from competition.

Correct Answer True

Your Answer True

True/False
Question Labour satisfaction may result in unethical behaviour as anger.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question Measures to take corrective action

Correct Answer Checking performance , Reformulate strategies , Standard check

Your Answer Checking performance , Reformulate strategies , Standard check

Multiple Choice Multiple Answer


Question The culture of a company is conveyed through

Correct Answer Rites , Myths , Rituals

Your Answer Rites , Myths , Rituals

True/False
Question Macro environment has got immediate impact on business.

Correct Answer False

Your Answer False

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion ,
Dynamic modes and mapping

Multiple Choice Single Answer


Question Financial environment is concerned with

Correct Answer demand & supply of money, capital markets

Your Answer demand & supply of money, capital markets

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 Adapter duplicate the leader and claim to be similar or even the same.

Correct Answer False

Your Answer False

Score Card

Registration Number: 200525262


Name: Rambabu Sirisetty
Subject: Strategic Management
Assignment Status As On: 09/04/2006

Result for this Assignment


Assignment Date 09/04/2006
Number of Correct Questions 43
Number of Skipped Questions 6
Number of Wrong Questions 4
Total Questions attempted 53
Total Marks obtained 94 Out of 100.
Result Pass

Click here to view the list of attempted question and answers.

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Multiple Choice Multiple Answer
Question Business is rated on which dimensions

Correct Answer Market attractiveness , Business strength

Your Answer Market attractiveness , Business strength

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

Your Answer Operational level systems

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 , description of
impact of each subfactor into a statement which is positive, neutral or negative.

Multiple Choice Multiple Answer


Question Macro environment

Correct Answer Political- legal , socio-cultural , economic-demographic

Your Answer Political- legal , socio-cultural , economic-demographic

Select The Blank


Question Titan going into setting their won retail outlets- this is ________ integration.

Correct Answer vertical ( forward )

Your Answer vertical ( forward )

Multiple Choice Single Answer


Question Strategic management is concerned with

Correct Answer long- range planning

Your Answer long- range planning

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Multiple Choice Single Answer


Question Horizontal integration is concerned with

Correct Answer product lines

Your Answer product lines

Select The Blank


Question A hardware manufacture enters into software is an example of ________ integration.

Correct Answer horizontal


LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer


Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Select The Blank


Question ________ should have the ability to develop a visionto see patterns into the future.

Correct Answer Leaders

Your Answer Leaders

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time

Your Answer Time

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

Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer internal transformation

Your Answer specialization

True/False
Question Systems are formal and informal rules and regulations that complements the company structure

Correct Answer True

Your Answer True

Select The Blank


Question ________ is the drive to achieve beyond one's expectations

Correct Answer Motivation

Your Answer Motivation


Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Match The Following


Question Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis value chain analysis

Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation ,
Dynamic modes and mapping

True/False
Question Getting new users is a position defense strategy.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour

Correct Answer Research and planning , Forecasting

Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer integration strategy


A hardware manufacture enters into software is an example of integration.

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer


Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Select The Blank


Question ________ should have the ability to develop a visionto see patterns into the future.

Correct Answer Leaders

Your Answer Leaders

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time

Your Answer Time

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

Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer internal transformation

Your Answer specialization

True/False
Question Systems are formal and informal rules and regulations that complements the company structure

Correct Answer True

Your Answer True

Select The Blank


Question ________ is the drive to achieve beyond one's expectations

Correct Answer Motivation


Your Answer Motivation

Multiple Choice Single Answer


Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Match The Following


Question Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis value chain analysis

Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation ,
Dynamic modes and mapping

True/False
Question Getting new users is a position defense strategy.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour

Correct Answer Research and planning , Forecasting

Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer integration strategy


LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question The control process requires the following types of information

Correct Answer Reasons , Planned performance , Variances

Your Answer Reasons , Planned performance , Variances

Multiple Choice Single Answer


Question The tool used for decision making in 'A range of futures' scenario is

Correct Answer Technology forecasting

Your Answer Latent demand research

True/False
Question All policies are 'statements'

Correct Answer False

Your Answer True

Select The Blank


Question Brush your teeth twice a day is an example of expanding the total market by________.

Correct Answer more usage

Your Answer more usage

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

Your Answer Supply chains

Multiple Choice Multiple Answer


Question The reasons for acquisition are

Correct Answer Increased market power , Increased diversification , Increased speed to market

Your Answer Increased market power , Increased diversification , Increased speed to market

Multiple Choice Single Answer


Question CAP related to internal appraisal of firm stands for

Correct Answer competitive advantage profile

Your Answer competitive advantage profile

Multiple Choice Single Answer


Question Export entry modes are

Correct Answer direct/indirect export

Your Answer direct/indirect export

Multiple Choice Single Answer


Question Associated external agencies means
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question W in SWOT stands for

Correct Answer inherent inadequacy of organization

Your Answer inherent inadequacy of organization

Multiple Choice Single Answer


Question Mass media includes

Correct Answer radio, TV, internet etc.

Your Answer radio, TV, internet etc.

Multiple Choice Multiple Answer


Question The major issues of appraisal system are

Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal

Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal

Multiple Choice Multiple Answer


Question Various phases of Growth are

Correct Answer Creativity , Delegation , Co-ordination

Your Answer Creativity , Delegation , Co-ordination

Select The Blank


Question ________ and greater accountability replace formal control.

Correct Answer Self-discipline

Your Answer Self-discipline

Multiple Choice Multiple Answer


Question Money is invested by way of

Correct Answer Debt , Equity

Your Answer Debt , Equity

True/False
Question Under functional strategics we have vertical fit & horizontal fit.

Correct Answer True

Your Answer True

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

Your Answer Staffing

Multiple Choice Multiple Answer


Question The reasons for acquisition are

Correct Answer Increased market power , Increased diversification , Increased speed to market

Your Answer Increased market power , Increased diversification , Increased speed to market
LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer True

Multiple Choice Multiple Answer


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

True/False
Question Under functional strategics we have vertical fit & horizontal fit.
Correct Answer True
Your Answer True

Match The Following


Question Correct Answer Your Answer

Premise control Identifies key assumptions Identifies key assumptions

Emergency alert control evaluation Type of strategic control Type of strategic control

Strategic evaluation Effectiveness of strategy Effectiveness of strategy

Rely on short term assessment Barrier in evaluation Audit and Executive committee

Multiple Choice Single Answer


Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your Answer Strategy

Multiple Choice Multiple Answer


Question Organizational models are
Correct Answer multinational model , international model , global organizational model
Your Answer multinational model , international model , local model

Multiple Choice Single Answer


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

Multiple Choice Single Answer


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

Multiple Choice Multiple Answer


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 avail tax concessions , to increase growth rates

Multiple Choice Single Answer


Question It refers to the relatively more durable company arrangements and relationships
Correct Answer Structure
Your Answer Strategy

True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer False

Select The Blank


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

Multiple Choice Single Answer


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

Select The Blank


Question Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists

Multiple Choice Single Answer


Question Strategic management deals with
Correct Answer Business process
Your Answer Business process

Multiple Choice Single 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 Dividend planning

Multiple Choice Single Answer


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

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
Your Answer Conceptual, human & intellectual skills , Decision making ability , communication skills

Select The Blank


Question Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer vertical ( forward )
Your 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
Your Answer target

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
Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies

Multiple Choice Multiple Answer


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

True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer True

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
Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies

Select The Blank


Question The ________ are distinct little business set up as units in a larger company
Correct Answer Strategic business Units
Your Answer Strategic business Units

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

True/False
Question According to Michael Porter, the core of efficiency management is strategy.
Correct Answer True
Your Answer True

Multiple Choice Single Answer


Question Expansion strategy means
Correct Answer growth
Your Answer growth

True/False
Question Reciprocal responsibility means equal blames and credit.
Correct Answer False
Your Answer True

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
Your Answer Emergency alert contriol

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

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.
Your Answer obsession with an organization , what the organization strives for.

Select The Blank


Question Displacing competitor is ________ category of goal.
Correct Answer common enemy
Your Answer aggressive

Multiple Choice Single Answer


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

Select The Blank


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

Select The Blank


Question Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer diagonal integration

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
Your Answer Strategy

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

Multiple Choice Single Answer


Question A pictorial depiction of various outcomes of a decision is
Correct Answer decision tree
Your Answer decision tree

Match The Following


Question Correct Answer Your Answer

Crisis Management leads to organisational learning leads to organisational learning

Milestone review Another method of implementation control Chacking of performance

Long and short term controls Balanced approach to evaluation Another method of implementation control

Variance Actual and budgeted performance Actual and budgeted performance

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
Your Answer Environment Protection Act

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
Your Answer Man-power planning

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
Your Answer Conceptual, human & intellectual skills , Decision making ability , communication skills

True/False
Question Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False
Your Answer True

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

True/False
Question Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer True
Your Answer True

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple Answer


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

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
Your Answer CRM

Multiple Choice Multiple Answer


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

Select The Blank


Question Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer Standardisation
Your Answer Standardisation

Select The Blank


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

Multiple Choice Single Answer


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

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

Multiple Choice Multiple Answer


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

True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer False

Select The Blank


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

Multiple Choice Multiple Answer


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

Select The Blank


Question Brush your teeth twice a day is an example of expanding the total market by________.
Correct Answer more usage
Your Answer more usage

Multiple Choice Single Answer


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 Board of director

Multiple Choice Single Answer


Question Mission
Correct Answer philosophy, public image
Your Answer target

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 , description of impact of each subfactor into a statement
which is positive, neutral or negative.
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer channel members, customers, suppliers etc.

True/False
Question Staffing function applies to all company levels irrespective of levels of hierarchy
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 True

Multiple Choice Multiple Answer


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

Multiple Choice Multiple Answer


Question Core ideology
Correct Answer core values , core purpose
Your Answer core values , core purpose

Match The Following


Question Correct Answer Your Answer

Maintain strategy stable environment stable environment

Market follower are imitator imitator

Market challenger are bypass attack bypass attack

Turnaround strategy V.R.S. diversification

True/False
Question Analysis of variances leads to a plan for corrective action
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer


Question Macro environment
Correct Answer Political- legal , socio-cultural , economic-demographic
Your Answer Political- legal , socio-cultural , economic-demographic

Multiple Choice Single Answer


Question Financial environment is concerned with
Correct Answer demand & supply of money, capital markets
Your Answer demand & supply of money, capital markets

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

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 Self-awareness

Select The Blank


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

Select The Blank


Question Economics of scale requires ________.
Correct Answer high market share
Your Answer high market share

Select The Blank


Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.
Correct Answer Co-ordination
Your Answer Centralization

Select The Blank


Question A hardware manufacture enters into software is an example of ________integration.
Correct Answer vertical ( forward )
Your Answer horizontal

Multiple Choice Single Answer


Question At this level , the effort is directed at assessing the consistency of strategy with the environment
Correct Answer Strategic evaluation
Your Answer Strategic evaluation

Multiple Choice Single Answer


Question Core purpose
Correct Answer mission
Your Answer mission

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
Your Answer Operational level systems

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

Multiple Choice Single Answer


Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer weakness of competitors

Select The Blank


Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation

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 , description of impact of each subfactor into a statement
which is positive, neutral or negative.

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
Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Match The Following


Question Correct Answer Your Answer

Fit SWOT analysis SWOT analysis

Vision what a company wishes to become or aspires to be. 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 big headed audacious goals

Multiple Choice Multiple Answer


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

True/False
Question Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer False
Your Answer False

Multiple Choice Single Answer


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

Multiple Choice Single Answer


Question A major part of strategy implementation is
Correct Answer resource allocation
Your Answer resource allocation

True/False
Question The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer False
Your Answer False

Multiple Choice Single Answer


Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer channel members, customers, suppliers etc.
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
Your Answer risk

STRATEGIC MGMT

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple Answer


Question Core ideology
Correct Answer core values , core purpose
Your Answer core values , core purpose

Multiple Choice Single Answer


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

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
Your Answer operational decisions

Select The Blank


Question Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer PR

Multiple Choice Single Answer


Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer channel members, customers, suppliers etc.

Multiple Choice Multiple 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

True/False
Question Labour satisfaction may result in unethical behaviour as anger.
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

Multiple Choice Multiple Answer


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

Multiple Choice Single Answer


Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Your Answer unfavorable conditions in external environment.

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
Your Answer Supply chains

True/False
Question Systems are formal and informal rules and regulations that complements the company structure
Correct Answer True
Your Answer True

True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer False

Multiple Choice Multiple Answer


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

Multiple Choice Single Answer


Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control
Correct Answer Chief executive
Your Answer Chief executive

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

Multiple Choice Multiple Answer


Question Money is invested by way of
Correct Answer Debt , Equity
Your Answer Equity , Return , Debt

Multiple Choice Single Answer


Question Denominator management
Correct Answer cost reduction
Your Answer cost reduction

Multiple Choice Multiple Answer


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

Multiple Choice Single Answer


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

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 False

Multiple Choice Multiple Answer


Question
Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision

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
Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

True/False
Question Timing of measurement before hand serves the purpose of evaluation.
Correct Answer False
Your Answer True

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 General Electric Model

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 Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer vertical ( forward )
Your Answer vertical ( forward )

True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer True

True/False
Question Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False
Your Answer False

Multiple Choice Multiple Answer


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

Select The Blank


Question Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer vertical ( backward ) integration

Match The Following


Question Correct Answer Your Answer

Premise control Identifies key assumptions Identifies key assumptions

Emergency alert control evaluation Type of strategic control Type of strategic control

Strategic evaluation Effectiveness of strategy Effectiveness of strategy

Rely on short term assessment Barrier in evaluation Barrier in evaluation

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
Your Answer Time

Multiple Choice Single Answer


Question Strategic management deals with
Correct Answer Business process
Your Answer Business process

Multiple Choice Single Answer


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

Select The Blank


Question ________ is the company's most critical and scarest resource.
Correct Answer Capital
Your Answer Capital

Multiple Choice Single Answer


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

True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
Your Answer True

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
Your Answer Operational level systems

Multiple Choice Single Answer


Question The traditional approach towards uncertainity is
Correct Answer Binary
Your Answer Binary

Select The Blank


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

Match The Following


Question Correct Answer Your Answer

Maintain strategy stable environment stable environment

Market follower are imitator imitator

Market challenger are bypass attack bypass attack

Turnaround strategy V.R.S. V.R.S.

True/False
Question All policies are 'statements'
Correct Answer False
Your Answer False

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

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
Your Answer Operational evaluation

Multiple Choice Single Answer


Question Strategic management deals with
Correct Answer Business process
Your Answer Business process

Select The Blank


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

STRATEGIC MGMT

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer


Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your Answer potentials and competencies of organization.

Multiple Choice Single Answer


Question The traditional approach towards uncertainity is
Correct Answer Binary
Your Answer Binary

Multiple Choice Multiple Answer


Question The various models of social responsibility are
Correct Answer Austere Model , Vendors Model , Civic Model
Your 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
Your Answer Michael Porter's model for Industry Analysis

Select The Blank


Question Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer Standardisation
Your Answer Standardisation

Multiple Choice Single Answer


Question Strategic management is concerned with
Correct Answer long- range planning
Your 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
Your Answer Man-power planning

Multiple Choice Single Answer


Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your 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
Your Answer Delegation

True/False
Question Numerator may bring short-term results, but there may be serious long-term sacrifices.
Correct Answer False
Your Answer False

Multiple Choice Single Answer


Question It indicates the degree of differentiation
Correct Answer Structure
Your 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.
Your 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
Your Answer True

Multiple Choice Single Answer


Question Concentric diversification means
Correct Answer new activity related to existing business
Your Answer new activity related to existing business

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

Multiple Choice Multiple Answer


Question Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
Your 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
Your 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
Your Answer taxes , availability of buyers , market reaction

Multiple Choice Single Answer


Question Strategic management deals with
Correct Answer Business process
Your Answer Business process

Match The Following


Question Correct Answer Your Answer

Maintain strategy stable environment stable environment

Market follower are imitator imitator

Market challenger are bypass attack bypass attack

Turnaround strategy V.R.S. V.R.S.

Multiple Choice Single Answer


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

True/False
Question Getting new users is a position defense strategy.
Correct Answer False
Your 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
Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Single Answer


Question Core purpose
Correct Answer mission
Your Answer mission

Multiple Choice Single Answer


Question Financial environment is concerned with
Correct Answer demand & supply of money, capital markets
Your Answer demand & supply of money, capital markets

True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
Your 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
Your 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
Your Answer Big bets

Select The Blank


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

Select The Blank


Question Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists

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

Multiple Choice Multiple Answer


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

Multiple Choice Multiple Answer


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

Match The Following


Question Correct Answer Your Answer

Crisis Management leads to organisational learning leads to organisational learning

Milestone review Another method of implementation control Another method of implementation control

Long and short term controls Balanced approach to evaluation Balanced approach to evaluation

Variance Actual and budgeted performance 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
Your 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
Your 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
Your Answer Self-awareness

True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer False

Multiple Choice Multiple 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 , 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
Your 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
Your Answer False

Select The Blank


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

Multiple Choice Single Answer


Question Investment entry mode are
Correct Answer joint venture/independent ventures/subsidiaries
Your Answer joint venture/independent ventures/subsidiaries

Multiple Choice Single Answer


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

STRATEGIC MGMT

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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
Your 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
Your 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
Your Answer Information , Expertise , Intelligence

Match The Following


Question Correct Answer Your Answer

Crisis Management leads to organisational learning leads to organisational learning

Milestone review Another method of implementation control Another method of implementation control

Long and short term controls Balanced approach to evaluation Balanced approach to evaluation

Variance Actual and budgeted performance 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
Your 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
Your Answer False

True/False
Question All policies are 'statements'
Correct Answer False
Your Answer False

Multiple Choice Multiple Answer


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

Multiple Choice Single Answer


Question Strategic management deals with
Correct Answer Business process
Your 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
Your Answer Systems
Select The Blank
Question ________ identifies the impact of any change on performance
Correct Answer Statistical quality control
Your Answer Statistical quality control

True/False
Question The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer False
Your 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.
Your 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 Your Answer

Fit SWOT analysis SWOT analysis

Vision what a company wishes to become or aspires to be. 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 big headed audacious goals

True/False
Question The super structure indicates ways in which company's tasks are integrated or coordinated
Correct Answer True
Your Answer True

Multiple Choice Single Answer


Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer channel members, customers, suppliers etc.

Select The Blank


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

Multiple Choice Single Answer


Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your 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
Your Answer more usage

Multiple Choice Multiple Answer


Question Niche marketing means
Correct Answer end user specialist , specific customer specialist , geographic specialist
Your Answer end user specialist , specific customer specialist , geographic specialist

Multiple Choice Single Answer


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

Multiple Choice Multiple Answer


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

Multiple Choice Single Answer


Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Your Answer unfavorable conditions in external environment.

Multiple Choice Multiple Answer


Question Money is invested by way of
Correct Answer Debt , Equity
Your 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
Your 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 )
Your Answer vertical ( forward )

Select The Blank


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

Multiple Choice Single Answer


Question Mission
Correct Answer philosophy, public image
Your Answer philosophy, public image

Multiple Choice Multiple Answer


Question The culture of a company is conveyed through
Correct Answer Rites , Myths , Rituals
Your Answer Rites , Myths , Rituals

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your 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
Your Answer True

Select The Blank


Question Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer Standardisation
Your 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
Your 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
Your 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
Your Answer contraction of business activities

True/False
Question Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False
Your 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
Your Answer Statistical quality control

Multiple Choice Single Answer


Question Investment entry mode are
Correct Answer joint venture/independent ventures/subsidiaries
Your Answer joint venture/independent ventures/subsidiaries

True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False

Multiple Choice Multiple Answer


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

True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question The various areas covered by social responsibility are
Correct Answer Inner Circle , Intermediate circle , Outer Circle
Your 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
Your 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
Your Answer Labour

Select The Blank


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

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your 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
Your Answer Staffing

STRATEGIC MGMT

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple Answer


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

Multiple Choice Single Answer


Question Financial environment is concerned with
Correct Answer demand & supply of money, capital markets
Your Answer demand & supply of money, capital markets

Match The Following


Question Correct Answer Your Answer

Sharplin S.M. is the formulation & implementation of plans related to total organization. S.M. is the formulation & implementation of plans related to total organization.

Glueck S.M. is a stream of decisions & actions S.M. is a stream of decisions & actions

Hofer S.M. is the process, which deals with organizational renewal & growth. 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. 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
Your 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
Your Answer vision

Select The Blank


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

Multiple Choice Single Answer


Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Your 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
Your 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
Your Answer Business

Multiple Choice Multiple Answer


Question Niche marketing means
Correct Answer end user specialist , specific customer specialist , geographic specialist
Your 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
Your Answer Statistical quality control

Select The Blank


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

Multiple Choice Single Answer


Question Mission
Correct Answer philosophy, public image
Your Answer philosophy, public image

True/False
Question Counterfeiter copy but with a difference that can be seen.
Correct Answer False
Your 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
Your 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
Your Answer counteroffensive

Multiple Choice Single Answer


Question CAP related to internal appraisal of firm stands for
Correct Answer competitive advantage profile
Your 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.
Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.

Match The Following


Question Correct Answer Your Answer

Fit SWOT analysis SWOT analysis

Vision what a company wishes to become or aspires to be. 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 big headed audacious goals

Multiple Choice Single Answer


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

Select The Blank


Question GATT stands for ________.
Correct Answer general agreement on trade & tariff
Your Answer general agreement on trade & tariff

True/False
Question Three C's affecting today's companies are customer, competition & change
Correct Answer True
Your Answer False

Multiple Choice Single Answer


Question Maintain strategies means
Correct Answer no change in strategies
Your 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
Your Answer Big bets

True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False

Multiple Choice Multiple Answer


Question Program is a combination of
Correct Answer goals , policies , procedures
Your 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
Your 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
Your Answer Political- legal , socio-cultural , economic-demographic

True/False
Question Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer False
Your Answer False

Multiple Choice Single Answer


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

Multiple Choice Single Answer


Question The aim in stability strategies is-
Correct Answer move slowly & surely
Your 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
Your Answer Research and planning , Forecasting

Multiple Choice Single Answer


Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Your 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
Your 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
Your Answer Premise control

Select The Blank


Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.
Correct Answer Delegation
Your Answer Delegation

Multiple Choice Multiple Answer


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

True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
Your Answer False

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

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
Your Answer Company secretary , Auditor , Financial controller

Select The Blank


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

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


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

True/False
Question Scheduling is a part of strategic management.

Correct Answer False

Your Answer False

True/False
Question The super structure indicates ways in which company's tasks are integrated or coordinated

Correct Answer True

Your Answer True

Multiple Choice Multiple 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 , Money

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

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Select The Blank


Question ________ should have the ability to develop a visionto see patterns into the future.

Correct Answer Leaders

Your Answer Leaders

Select The Blank


Question Value chain analysis is an effective tool for ________.

Correct Answer internal analysis

Your Answer internal analysis

True/False
Question Change in company's strategy gives rise to problems necessitating a new structure to be made
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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

Multiple Choice Single Answer


Question Financial environment is concerned with

Correct Answer demand & supply of money, capital markets

Your Answer demand & supply of money, capital markets

Multiple Choice Single 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 Difference between desired and projected
performance performance
Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate

Heartland business Give the highest priority 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
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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

Your 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

Your Answer Co-ordination

Multiple Choice Single Answer


Question Associated external agencies means

Correct Answer channel members, customers, suppliers etc.

Your Answer competitors

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

Your Answer CRM

Match The Following


Question Correct Answer Your Answer

Fit SWOT analysis SWOT analysis

Vision what a company wishes to become or aspires to what a company wishes to become or aspires to
be. be.
mission what the company is and why it exists. what the company is and why it exists.

BHAG big headed audacious goals big headed audacious goals

True/False
Question According to Michael Porter, the core of efficiency management is strategy.

Correct Answer True

Your Answer False

Multiple Choice Multiple Answer


Question The control process requires the following types of information

Correct Answer Planned performance , Variances , Reasons

Your 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
Your Answer single-variable extrapolation/multivariable interaction analysis , simulation , Dynamic modes and mapping

Multiple Choice Multiple Answer


Question Factors encouraging joint ventures are
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question A hardware manufacture enters into software is an example of ________integration.

Correct Answer vertical ( forward )

Your Answer horizontal

Select The Blank


Question ________ and greater accountability replace formal control.

Correct Answer Self-discipline

Your 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

Your 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

Your Answer False

Multiple Choice Single Answer


Question Concentric diversification means

Correct Answer new activity related to existing business

Your 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
Your 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

Your Answer mission

Multiple Choice Multiple Answer


Question market research is conducted by

Correct Answer by employees , by research agencies , by consultants

Your 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

Your Answer vision


LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question It refers to formal and informal rules, regulations and procedures that complements the company structure

Correct Answer Systems

Your Answer Systems

Select The Blank


Question Displacing competitor is ________ category of goal.

Correct Answer common enemy

Your Answer common enemy

Multiple Choice Single Answer


Question T in SWOT, refers to

Correct Answer unfavorable conditions in external environment.

Your Answer Time factor

Multiple Choice Multiple Answer


Question The various areas covered by social responsibility are

Correct Answer Inner Circle , Intermediate circle , Outer Circle

Your Answer Inner Circle , Intermediate circle , Outer Circle

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

Your Answer significance

Select The Blank


Question ________ is the company's most critical and scarest resource.

Correct Answer Capital

Your Answer Capital

Multiple Choice Single Answer


Question W in SWOT stands for

Correct Answer inherent inadequacy of organization

Your Answer weakness of competitors

Multiple Choice Multiple Answer


Question Limitations of Traditional cost accounting are

Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing

Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure

True/False
Question Timing of measurement before hand serves the purpose of evaluation.

Correct Answer False

Your Answer True


LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question The tool used for decision making in 'A range of futures' scenario is

Correct Answer Technology forecasting

Your Answer Technology forecasting

Multiple Choice Single Answer


Question Empower people through great software anytime , any place, on any device'- Microsoft

Correct Answer vision

Your Answer vision

Select The Blank


Question Modern Accounting uses ________ as a unit of measure

Correct Answer Time

Your Answer Time

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

Multiple Choice Multiple Answer


Question Various phases of Growth are

Correct Answer Creativity , Delegation , Co-ordination

Your Answer Creativity , Delegation , Co-ordination

Select The Blank


Question ________ is seen as an integral process that converts materials into goods

Correct Answer Systems

Your Answer Systems

Select The Blank


Question Value chain analysis is an effective tool for ________.

Correct Answer internal analysis

Your Answer internal analysis

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer concentration strategy

Multiple Choice Multiple Answer


Question Merger takes place
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question The tool used for decision making in 'A range of futures' scenario is

Correct Answer Technology forecasting

Your Answer Technology forecasting

Multiple Choice Single Answer


Question Empower people through great software anytime , any place, on any device'- Microsoft

Correct Answer vision

Your Answer vision

Select The Blank


Question Modern Accounting uses ________ as a unit of measure

Correct Answer Time

Your Answer Time

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

Multiple Choice Multiple Answer


Question Various phases of Growth are

Correct Answer Creativity , Delegation , Co-ordination

Your Answer Creativity , Delegation , Co-ordination

Select The Blank


Question ________ is seen as an integral process that converts materials into goods

Correct Answer Systems

Your Answer Systems

Select The Blank


Question Value chain analysis is an effective tool for ________.

Correct Answer internal analysis

Your Answer internal analysis

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer concentration strategy

Multiple Choice Multiple Answer


Question Merger takes place
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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

Multiple Choice Single Answer


Question Financial environment is concerned with

Correct Answer demand & supply of money, capital markets

Your Answer demand & supply of money, capital markets

Multiple Choice Single 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 Difference between desired and projected
performance performance
Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate

Heartland business Give the highest priority 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
LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer


Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Select The Blank


Question ________ should have the ability to develop a visionto see patterns into the future.

Correct Answer Leaders

Your Answer Leaders

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time

Your Answer Time

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

Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer internal transformation

Your Answer specialization

True/False
Question Systems are formal and informal rules and regulations that complements the company structure

Correct Answer True

Your Answer True

Select The Blank


Question ________ is the drive to achieve beyond one's expectations

Correct Answer Motivation

Your Answer Motivation


Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Match The Following


Question Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis value chain analysis

Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation ,
Dynamic modes and mapping

True/False
Question Getting new users is a position defense strategy.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour

Correct Answer Research and planning , Forecasting

Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer integration strategy


Marks : 2

37. These following factors determine the desire of risk

a)
b) Strategies

c) Resources
d)
Competence

Time

Capital or labour is the scarcest resource

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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

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

Select The Blank


Question The benefits of a change in process are defined in terms of
________ cost savings
Correct Answer Labour
Your Answer Labour

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
Your Answer Man-power planning

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
Your Answer Conceptual, human & intellectual skills , Decision making
ability , Vision

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
Your Answer risk

Multiple Choice Multiple Answer


Question The culture of a company is conveyed through
Correct Answer Rites , Myths , Rituals
Your Answer Rites , Myths , Rituals

Multiple Choice Single Answer


Question Degree to which the decision maker is accountable for the outcomes
of the decision is
Correct Answer accountability
Your Answer accountability

True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer False

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

Multiple Choice Single Answer


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

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
Your Answer quality & no. of suppliers , logistics , raw material

Select The Blank


Question Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer IR, OB

Select The Blank


Question ________ models can be described as a system that describe how
pieces of business fit together.
Correct Answer Business
Your Answer Circular

True/False
Question Budgets are plans expressed in numerical terms usually in financial
terms
Correct Answer True
Your Answer True

True/False
Question Micro environment is the internal environment of a company.
Correct Answer False
Your Answer False

Multiple Choice Single Answer


Question The strategies which deal with the relative and restricted function
for allocation of resources is
Correct Answer Funcational streategies
Your Answer Funcational streategies

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer True

Multiple Choice Multiple Answer


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

Match The Following


Question Correct Answer Your Answer

Role of Chief Executive Officer Responsible right from formulation /


implementation to review of strategic management Link between company & external
environment

Role of SUB-level Executive More focussed on product line & responsible for the
co-ordination between SUBs & Senior managements Important link between
strategizing & implementation

Role of consultants Hired for specialized for new business or expertise Hired
for specialized for new business or expertise

Multiple Choice Single Answer


Question Knowledge of the relationships between choices, environment &
outcomes is
Correct Answer familiarity
Your Answer complexity

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

Multiple Choice Single Answer


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

Select The Blank


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

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of
human behaviour
Correct Answer Research and planning , Forecasting
Your Answer Research and planning , Forecasting

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
Your Answer quality & no. of suppliers , logistics , raw material

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

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
Your Answer Asian Paints

True/False
Question Three C's affecting today's companies are customer, competition &
change
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer


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

Multiple Choice Single Answer


Question Financial environment is concerned with
Correct Answer demand & supply of money, capital markets
Your Answer demand & supply of money, capital markets

Select The Blank


Question Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer IR, OB

Multiple Choice Multiple Answer


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

Select The Blank


Question Economics of scale requires ________.
Correct Answer high market share
Your Answer high market share

Select The Blank


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

Select The Blank


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

Select The Blank


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

Match The Following


Question Correct Answer Your Answer

Gap analysis Difference between desired and projected performance Difference


between desired and projected performance

7-S Framework Skills, super ordinate goals, structure Skills, super ordinate
goals, structure

Alternate futures Option valuation model Fit well but low opportunities
Staffing Acquiring human resources Acquiring human resources

Multiple Choice Single Answer


Question Denominator management
Correct Answer cost reduction
Your Answer establish rapport with competitors

Multiple Choice Multiple Answer


Question Business is rated on which dimensions
Correct Answer Market attractiveness , Business strength
Your Answer Profit margin , Competition level

True/False
Question Adapter duplicate the leader and claim to be similar or even the
same.
Correct Answer False
Your Answer False

True/False
Question Focused company is generally protected from competition.
Correct Answer True
Your Answer True

Multiple Choice Single Answer


Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer channel members, customers, suppliers etc.

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 , description of impact of each
subfactor into a statement which is positive, neutral or negative.

Multiple Choice Single Answer


Question Vertical integration is concerned with
Correct Answer supply chain
Your Answer production process

Multiple Choice Multiple Answer


Question These following factors determine the desire of risk
Correct Answer Strategies , Resources
Your Answer Resources , Time

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Select The Blank
Question ________cost accounting measures the cost of producing and ignores the cost of non-producing

Correct Answer Traditional

Your Answer Traditional

Multiple Choice Single Answer


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

True/False
Question Systems are formal and informal rules and regulations that complements the company structure

Correct Answer True

Your Answer True

True/False
Question Divestiture is opposed to diversification.

Correct Answer False

Your Answer True

Multiple Choice Multiple Answer


Question Performance is affected by

Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Your Answer Distorted resource allocation , Leadership , Wrong motivational styles

Match The Following


Question Correct Answer Your Answer

Ballast business Fit well but low opportunities Fit well but low opportunities

Gap analysis Difference between desired and projected Difference between desired and projected performance
performance
Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors

Heartland business Give the highest priority Give the highest priority

Select The Blank


Question Make or buy decision is related with ________strategy.

Correct Answer vertical ( backward ) integration

Your Answer vertical ( backward ) integration

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Select The Blank
Question ________cost accounting measures the cost of producing and ignores the cost of non-producing

Correct Answer Traditional

Your Answer Traditional

Multiple Choice Multiple Answer


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 avail tax concessions , to increase growth rates

Select The Blank


Question The benefits of a change in process are defined in terms of ________ cost savings

Correct Answer Labour

Your Answer Infrastructure

True/False
Question Excelling in one market guarantees success in a new.

Correct Answer False

Your Answer False

Select The Blank


Question ________ and greater accountability replace formal control.

Correct Answer Self-discipline

Your Answer Team work

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

Select The Blank


Question Strategic evaluation determines the effectiveness of ________

Correct Answer Strategy

Your Answer Objectives

Select The Blank


Question Factors leading to personnel capability are________.

Correct Answer IR, OB

Your Answer IR, OB

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question The discipline which deals with what is good and bad and which moral obligation is

Correct Answer Ethics

Your Answer Ethics

Multiple Choice Multiple Answer


Question Core ideology

Correct Answer core values , core purpose

Your Answer core values , core purpose

Select The Blank


Question Factors leading to personnel capability are________.

Correct Answer IR, OB

Your Answer IR, OB

Multiple Choice Single Answer


Question It refers to formal and informal rules, regulations and procedures that complements the company structure

Correct Answer Systems

Your Answer Systems

Multiple Choice Single Answer


Question It indicates the degree of differentiation

Correct Answer Structure

Your Answer Status

Multiple Choice Single Answer


Question Associated external agencies means

Correct Answer channel members, customers, suppliers etc.

Your Answer channel members, customers, suppliers etc.

Multiple Choice Single Answer


Question Vertical integration is concerned with

Correct Answer supply chain

Your Answer supply chain

Select The Blank


Question Companies employ trained ________ to develop "competency models" to identify potential leaders

Correct Answer Psychologists

Your Answer Psychiatrists

Multiple Choice Multiple Answer


Question Measures to take corrective action
LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer


Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Select The Blank


Question ________ should have the ability to develop a visionto see patterns into the future.

Correct Answer Leaders

Your Answer Leaders

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time

Your Answer Time

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

Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer internal transformation

Your Answer specialization

True/False
Question Systems are formal and informal rules and regulations that complements the company structure

Correct Answer True

Your Answer True

Select The Blank


Question ________ is the drive to achieve beyond one's expectations

Correct Answer Motivation

Your Answer Motivation


Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Match The Following


Question Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis value chain analysis

Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation ,
Dynamic modes and mapping

True/False
Question Getting new users is a position defense strategy.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour

Correct Answer Research and planning , Forecasting

Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer integration strategy


LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer


Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer weakness of competitors

Select The Blank


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

Select The Blank


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

Select The Blank


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

Multiple Choice Single Answer


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

Multiple Choice Single Answer


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

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.
Correct Answer internal transformation
Your Answer internal transformation

Multiple Choice Multiple Answer


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 avail tax concessions , to increase growth rates

Multiple Choice Multiple Answer


Question The culture of a company is conveyed through
Correct Answer Rituals , Rites , Myths
Your Answer Rites , Myths , Rituals

Select The Blank


Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation

Select The Blank


Question Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer vertical ( backward ) integration

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

True/False
Question Change in company's strategy gives rise to problems necessitating a new structure to be made
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer


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

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
Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Multiple Choice Single Answer
Question CAP related to internal appraisal of firm stands for
Correct Answer competitive advantage profile
Your Answer Corporate appraisal programme

True/False
Question Timing of measurement before hand serves the purpose of evaluation.
Correct Answer False
Your Answer True

True/False
Question According to Michael Porter, the core of efficiency management is strategy.
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer


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

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

Match The Following


Question Correct Answer Your Answer

strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit.

vertical forward integration means becoming your own customer becoming your own customer

horizontal integration means additional product/service for same customers additional product/service for same customers

vertical backward integration means becoming your own supplier becoming your own supplier

True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer False

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

True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer False

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
Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

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
Your Answer Adapters

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
Your Answer CRM

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

Select The Blank


Question A hardware manufacture enters into software is an example of ________integration.
Correct Answer vertical ( forward )
Your Answer vertical ( forward )

True/False
Question Reciprocal responsibility means equal blames and credit.
Correct Answer False
Your Answer True

Match The Following


Question Correct Answer Your Answer

Market follower are Imitator Imitator

Horizontal integration means Additional product/service for same customers Additional product/service for same customers

Vertical forward integration means Becoming your own customer Becoming your own customer

Position defense means Fortification around one's territory Fortification around one's territory

Multiple Choice Multiple Answer


Question Core ideology
Correct Answer core values , core purpose
Your Answer core values , core purpose

Multiple Choice Multiple Answer


Question Performance is affected by
Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles
Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
Your Answer Time

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

Multiple Choice Single Answer


Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Your Answer Flotilla

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer Research and planning , Forecasting
Your Answer Research and planning , Forecasting

Multiple Choice Single Answer


Question Export entry modes are
Correct Answer direct/indirect export
Your Answer direct/indirect export

Multiple Choice Single Answer


Question The traditional approach towards uncertainity is
Correct Answer Binary
Your Answer Multiple

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
Your Answer False

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

Multiple Choice Multiple Answer


Question Measures to take corrective action
Correct Answer Checking performance , Reformulate strategies , Standard check
Your Answer Checking performance , Reformulate strategies , Standard check

Multiple Choice Multiple Answer


Question Money is invested by way of
Correct Answer Debt , Equity
Your Answer Debt , Equity

Multiple Choice Single Answer


Question Strategic management deals with
Correct Answer Business process
Your Answer Business process

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Multiple Choice Single Answer
Question The discipline which deals with what is good and bad and which moral obligation is

Correct Answer Ethics

Your Answer Ethics

Multiple Choice Multiple Answer


Question Core ideology

Correct Answer core values , core purpose

Your Answer core values , core purpose

Select The Blank


Question Factors leading to personnel capability are________.

Correct Answer IR, OB

Your Answer IR, OB

Multiple Choice Single Answer


Question It refers to formal and informal rules, regulations and procedures that complements the company structure

Correct Answer Systems

Your Answer Systems

Multiple Choice Single Answer


Question It indicates the degree of differentiation

Correct Answer Structure

Your Answer Status

Multiple Choice Single Answer


Question Associated external agencies means

Correct Answer channel members, customers, suppliers etc.

Your Answer channel members, customers, suppliers etc.

Multiple Choice Single Answer


Question Vertical integration is concerned with

Correct Answer supply chain

Your Answer supply chain

Select The Blank


Question Companies employ trained ________ to develop "competency models" to identify potential leaders

Correct Answer Psychologists

Your Answer Psychiatrists

Multiple Choice Multiple Answer


Question Measures to take corrective action
LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer


Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Select The Blank


Question ________ should have the ability to develop a visionto see patterns into the future.

Correct Answer Leaders

Your Answer Leaders

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time

Your Answer Time

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

Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer internal transformation

Your Answer specialization

True/False
Question Systems are formal and informal rules and regulations that complements the company structure

Correct Answer True

Your Answer True

Select The Blank


Question ________ is the drive to achieve beyond one's expectations

Correct Answer Motivation

Your Answer Motivation


Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Match The Following


Question Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis value chain analysis

Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation ,
Dynamic modes and mapping

True/False
Question Getting new users is a position defense strategy.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour

Correct Answer Research and planning , Forecasting

Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer integration strategy


Multiple Choice Single Answer
Question It refers to formal and informal rules, regulations and procedures that complements the company structure

Correct Answer Systems

Your Answer Strategy

Multiple Choice Single Answer


Question Horizontal integration is concerned with

Correct Answer product lines

Your Answer product lines

True/False
Question Micro environment is the internal environment of a company.

Correct Answer False

Your Answer True

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic
modes and mapping

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 Difference between desired and projected
performance performance
Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate

Heartland business Give the highest priority Some fit and some misfit

Multiple Choice Single Answer


Question It enables the strategists to take corrective action at the right time

Correct Answer Premise control

Your Answer Premise control

True/False
Question Timing of measurement before hand serves the purpose of evaluation.

Correct Answer False

Your Answer True

Select The Blank


Question Like roots of a tree, ________of organization is hidden from direct view.

Correct Answer core competence

Your Answer core competence


LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question The aim in stability strategies is-

Correct Answer move slowly & surely

Your Answer move slowly & surely

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
Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each
other

Multiple Choice Single Answer


Question W in SWOT stands for

Correct Answer inherent inadequacy of organization

Your Answer inherent inadequacy of organization

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

Match The Following


Question Correct Answer Your Answer

Executive summary Synopsis of marketing plan Synopsis of marketing plan

Line Managers Responsibility Ensuring Implementation of Ensuring Implementation of marketing


marketing actions actions
Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes

Top level Executives Taking decisions regarding efficient Taking decisions regarding efficient
and effective allocation of resources and effective allocation of resources

True/False
Question Staffing function applies to all company levels irrespective of levels of hierarchy

Correct Answer True

Your Answer True

Multiple Choice Single Answer


Question The tool used for decision making in ' The alternate futures ' scenario is

Correct Answer Option Valuation model

Your Answer Option Valuation model

Select The Blank


Question Factors leading to personnel capability are________.

Correct Answer IR, OB


LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer


Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Select The Blank


Question ________ should have the ability to develop a visionto see patterns into the future.

Correct Answer Leaders

Your Answer Leaders

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time

Your Answer Time

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
Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each
other

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer internal transformation

Your Answer specialization

True/False
Question Systems are formal and informal rules and regulations that complements the company
structure
Correct Answer True

Your Answer True

Select The Blank


Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation

Your Answer Motivation

Multiple Choice Single Answer


Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Match The Following


Question Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis value chain analysis

Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

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
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured
expert/inexpert opinion , simulation , Dynamic modes and mapping

True/False
Question Getting new users is a position defense strategy.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour

Correct Answer Research and planning , Forecasting

Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy


LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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 Self-awareness

Select The Blank


Question Modern Accounting uses ________ as a unit of measure

Correct Answer Time

Your Answer Time

Select The Blank


Question Make or buy decision is related with ________strategy.

Correct Answer vertical ( backward ) integration

Your Answer vertical ( backward ) integration

True/False
Question Excelling in one market guarantees success in a new.

Correct Answer False

Your Answer False

Match The Following


Question Correct Answer Your Answer

Crisis Management leads to organisational learning leads to organisational learning

Milestone review Another method of implementation control Another method of implementation control

Long and short term controls Balanced approach to evaluation Balanced approach to evaluation

Variance Actual and budgeted performance Actual and budgeted performance

Multiple Choice Multiple Answer


Question The control process requires the following types of information

Correct Answer Planned performance , Variances , Reasons

Your Answer Planned performance , Variances , Reasons

Select The Blank


Question Control should involve________ amount of information.

Correct Answer Minimum

Your Answer Minimum

Match The Following


Question Correct Answer Your Answer

Maintain strategy stable environment stable environment

Market follower are imitator imitator

Market challenger are bypass attack bypass attack


LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question Competenncy models reveal three types of capabilities

Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient

Your Answer Emotional Intelligence Quotient , Technical skills , Cognitive skills

True/False
Question Focused company is generally protected from competition.

Correct Answer True

Your Answer True

Multiple Choice Single Answer


Question The strategies which deal with the relative and restricted function for allocation of resources is

Correct Answer Funcational streategies

Your Answer Funcational streategies

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

Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision

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 False

Multiple Choice Single Answer


Question Corporate strategy ensures

Correct Answer fit between the firm and its environment

Your Answer fit between the firm and its environment

Match The Following


Question Correct Answer Your Answer

strategic alliances means two or more entities join hands for mutual two or more entities join hands for mutual
benefit. benefit.
vertical forward integration means becoming your own customer becoming your own customer

horizontal integration means additional product/service for same additional product/service for same
customers customers
vertical backward integration means becoming your own supplier becoming your own supplier

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share


LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank


Question The human Resource organization will probably have to review it's mission and ________.
Correct Answer Strategy
Your Answer Strategy

Multiple Choice Multiple Answer


Question Key targets for strategic activity with regard to employees include :-
Correct Answer Clarify career tracks , Ensure balance , Involve people
Your Answer Ensure balance , Involve people , Clarify career tracks

Select The Blank


Question Without the aligning force of ________ knowledge initiatives remain disparate & uncoordinated.
Correct Answer Business strategy
Your Answer Business strategy

Multiple Choice Single Answer


Question Major political shifts have opened up vast new markets for :-
Correct Answer Capitalist goods & service
Your Answer Goods & services

Multiple Choice Single Answer


Question The Human Resource organization will probably have to review it's :-
Correct Answer Mission & Strategy
Your Answer Mission & Vision

True/False
Question The organization's values must be conducive to productivity and quality improvement.
Correct Answer False
Your Answer True

Select The Blank


Question Performance management of the ________ has mainly focused on activity management.
Correct Answer 1990's
Your Answer 2000's

Select The Blank


Question Pettigrew & Whipp identified ________ central factors for managing change successfully.
Correct Answer Five
Your Answer Four

Multiple Choice Single Answer


Question What is the effect of downsizing & retrenchment constitutes for human resource manager?
Correct Answer New challenge
Your Answer New challenge

True/False
Question Professor Robert B. Reich has identified six 'social glues' of the company of the future.
Correct Answer True
Your Answer True

Multiple Choice Single Answer


Question Which culture disempowers through restricting autonomy & creativity & erects barriers to co-operation?
Correct Answer Role culture
Your Answer Power culture

Select The Blank


Question Cost information is seen as a responsibility of ________ as per H R Manager.
Correct Answer Finance department
Your Answer Finance department

True/False
Question Some wants, needs and expectations will not be articulated.
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer


Question Different areas of HR responsibility include :-
Correct Answer Maximum strategic impact , Co-ordinate , Communicate
Your Answer Operational , Maximum strategic impact , Co-ordinate , Communicate

Multiple Choice Multiple Answer


Question Ingredients of business strategy are :-
Correct Answer Analytical , Visionary , Flexible
Your Answer Analytical , Visionary , Flexible

Multiple Choice Single Answer


Question Maslow's self-motivators who primarily seek opportunities to develop their :-
Correct Answer Competencies
Your Answer Needs

Match The Following


Question Correct Answer Your Answer

Strategy Thinking Process Resources issues

Boston Consulting group Stars, dogs & cash cows Academic from McGill University

Henry Mintzberg Academic from McGill University Thinking Process

Brian Quinn Logical inscrementalism Logical inscrementalism

Multiple Choice Single Answer


Question Which cannot be treated like other resources?
Correct Answer People
Your Answer People

Select The Blank


Question People are ________ and developed to do jobs defined by the organization's formal structure.
Correct Answer Recruited
Your Answer Recruited

Multiple Choice Multiple Answer


Question HR has to balance :-
Correct Answer Short-term skills , Long term development needs , Local activities & corporate integration
Your Answer Short-term skills , Long term development needs , Local activities & corporate integration
Multiple Choice Multiple Answer
Question There has to be a clear strategy with regard to the type of knowledge the organisation wishes to :-
Correct Answer Develop , Store , Able to retrieve
Your Answer Develop , Store , Able to retrieve , Share

Multiple Choice Single Answer


Question Opportunity cost is classified under :-
Correct Answer Indirect cost
Your Answer Variable cost

Multiple Choice Single Answer


Question According to whom there is a much wider caliber of people applying for jobs than in years gone by?
Correct Answer Head hunters
Your Answer Head hunters

Multiple Choice Multiple Answer


Question Key elements of business unit strategy are :-
Correct Answer Superior cost position , Superior quality or ability , Superior effectiveness
Your Answer Superior cost position , Superior quality or ability , Superior effectiveness

Multiple Choice Single Answer


Question During the 70's & 80's much work was done to produce models to facilitate :-
Correct Answer Rational process
Your Answer Rational process

Multiple Choice Multiple Answer


Question Formal communication includes :-
Correct Answer Senior management presentation , Road shows , Corporate videos
Your Answer Senior management presentation , Road shows , Corporate videos

Multiple Choice Single Answer


Question If the merger is to succeed, people have to be supported in :-
Correct Answer Integrating working practices
Your Answer Integrating working practices

Select The Blank


Question ________ won the HR Excellence Award in 1998.
Correct Answer Standard Life
Your Answer Standard Life

Multiple Choice Multiple Answer


Question Organizations are battle field in which workers and managers vie for the :-
Correct Answer Scarce resources of power , Income , Opportunity
Your Answer Scarce resources of power , Income , Opportunity , Career

True/False
Question The interest in recent years in emotional & other forms of intelligence is starting to percolate through into
western management vocabulary.
Correct Answer True
Your Answer True

True/False
Question HR contributions are not required during the process of business strategy formulation.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question An organization should not over - control or predetermine :-
Correct Answer Goals & agendas
Your Answer Employees strengths

True/False
Question Christopher Lasch has labeled a culture of " narcissism".
Correct Answer True
Your Answer True

True/False
Question Radford defines responsibilities of HR.
Correct Answer True
Your Answer True

True/False
Question Executives often need couching in the arts of leadership especially during major change.
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer


Question Strategies towards unions should take into account issues such as :-
Correct Answer The occupation of workers being considered , Productivity differences , Human capital differences
Your Answer The occupation of workers being considered , Productivity differences , Human capital differences

True/False
Question It is one thing to measure an activity, another to assess how good it is !
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer


Question Mergers & alliances are an opportunity to develop :-
Correct Answer A new management style , A new culture , And manage plus improve costs
Your Answer A new management style , A new culture , And manage plus improve costs

Multiple Choice Multiple Answer


Question Employee relations strategy is to develop :-
Correct Answer Policies , Systems , Procedures
Your Answer Policies , Systems , Procedures

Select The Blank


Question Mike Spuring, director of internal training at ________
Correct Answer Oracle
Your Answer SAP

Multiple Choice Single Answer


Question Latent tensions like geological fault lines become visible under the condition of:-
Correct Answer Stress and tension
Your Answer Low morale

Match The Following


Question Correct Answer Your Answer

Translated into balanced score card Internal business perspective Organisation structure
Business strategy Build on strengths of brand Build on strengths of brand

Core values Courtesy and care Operational performance

Critical success factors Operational performance Capacity for change

True/False
Question There is only a single tool available in the market for conducting a formal audit.
Correct Answer False
Your Answer True

Select The Blank


Question Implementing any ________ is always difficult
Correct Answer Major initiative
Your Answer Changes in organisational structure

Multiple Choice Multiple Answer


Question The QWL program provides a framework for co-ordinating what in order to produce improvements in QWL
outcomes?
Correct Answer The introduction , Maintenance , Improvement
Your Answer The introduction , Maintenance , Improvement

Multiple Choice Multiple Answer


Question Different areas of HR strategy :-
Correct Answer Resourcing , Commitment , Rewards
Your Answer Resourcing , Commitment , Rewards

Multiple Choice Multiple Answer


Question Development needs of high flyers focus on main areas, such as :-
Correct Answer Business , Leadership , Interpersonal
Your Answer Leadership , Interpersonal , IT skills

Strategic hr 1
Select The Blank
Question Few personnel managers use ________ as an indicator for
morale.
Correct Answer Absenteeism
Your Answer Absenteeism

Match The Following


Question Correct Answer Your Answer
Multidivisional Portfolio management - Cost control - Corporate
organizational structure Corporate culture culture
Single point structure Simple controls - Corporate No bureaucratic controls
culture
Departmental & Cost control - Corporate Market share growth -
organizational structure culture Corporate culture
Multifunctional Market share growth - Simple controls - Corporate
organizational structure Corporate culture culture

Multiple Choice Multiple Answer


Question Operational issues related to qualitative measures are :-
Correct Answer Stability , Functional integrity , People as expenses
Your Answer Stability , Functional integrity , Multi-Functional

Multiple Choice Single Answer


Question Organizations will focus on their core competencies, rather than
their :-
Correct Answer Current processes
Your Answer Weaknesses

Multiple Choice Multiple Answer


Question Formal communication should aim to :-
Correct Answer Informing the head hunter , Clarify , Provide direction
Your Answer Clarify , Provide direction , Create hirerchial levels

Multiple Choice Single Answer


Question Who confirm that to survive quality of product & service should be
an integral part of the strategic direction of an organisation?
Correct Answer Most chief executives
Your Answer Promoters

Match The Following


Question Correct Answer Your Answer
Strategic Management -2nd sem
NEW Assignment

1) A Transnational Strategy includes


a) Global learning
b) Creative approach to managing
c) Combined approach of low-cost and hive local responsiveness simultaneously for their product or service.
d) Flow of expertise from a transnational company in the developed countries to those operating in
developing countries

2) CEO is link between


a) Employee & management
b) BoD & company
c) Employees & customers
d) Customer & dealers

3) Mass media includes


a) News papers, Magazines, Journals etc.
b) Radio, TV, Internet etc..
c) Surveys, interviews etc.
d) Customer & dealers

4) Three C’s affecting today’s companies are Customer, competition & change – TRUE /FALSE

5) Match the following : Vision / Mission / BHAG / Fit

6) A Hardware manufacturer enters into software is an example of -----integration


a) Vertical (forward)
b) Vertical (backward)
c) Horizontal
d) Diagonal

7) Make or buy decision is related with ------ strategy


a) vertical (backward) integration
b) horizontal integration
c) diagonal integration
d) vertical(forward) integration

8) Excelling in one market guarantees success in a new – TRUE / FALSE


9) Adapter duplicate the leader and claim to be similar or even the same - – TRUE / FALSE

10) Vertical integration is concerned with


a) Supply chain
b) CRM
c) Organization hierarchy
d) Production process

11) Titan going into setting their own retail outlets , this is -- --integration
a) vertical (forward)
b) vertical (backward)
c) horizontal
d) diagonal

12) Expansion strategy means


a) Growth
b) Development
c) Increase in manpower
d) None of these

13) ---- identifies the impact of any change on performance


a) Statistical Quality Control
b) Flotilla Concept
c) Systems Approach
d) General Electric Model

14) S in SWOT stands for


a) Strengths of competitors
b) Inherent capacity of organization
c) Strategy of organization
d) supervision

15) Attack Strategies are


a) Frontal attack
b) Flank attack
c) Encirclement attack
d) Enrichment attack

16) Core ideology


a) Core values
b) Core purpose
c) Ideas & suggestions
d) recommendation

17) Like roots of a tree ----- of organization is hidden from direct view
a) core competence
b) profitability
c) good will
d) mission

18) Michael porter suggested three business level strategies that a firm can pursue. They include
a) Focus
b) Differentiation
c) Cost leadership
d) Combination strategy

19) Petroleum jelly first used as a lubricant, came to be later on used widely as skin care. This is an example of
expanding markets ----
a) New uses
b) New users
c) Geographical spread
d) More usage

20) A market leader can expand the total market by


a) Geographical expansion
b) More usage of products
c) New uses of products
d) adaptations

21) Divestiture is opposed to diversification – TRUE ?FALSE


22) Concentric diversification means
a) new activity related to existing business
b) entirely new business
c) social activity
d) expansion of existing business

23) Strategic management is mainly responsibility of


a) Lower management
b) Top management
c) Employee
d) Government

24) Recovery situations include


a) Temporary viability
b) Survival possible but little potential for future growth exists
c) Costs cannot be reduced and declining demand
d) Excessive demand for a product

25) CAP related to internal appraisal of firm stands for


a) Competitive advantage profile
b) Central assessment programme
c) Competency assessment process
d) Corporate appraisal programme

26) According to Michael Porter, the core of efficiency management is strategy – TRUE / FALSE

27) Three important managerial qualities required for the effective strategic management
a) Conceptual, human & intellectual skills
b) Decision making ability
c) Vision
d) Communication skills

28) Niche marketing means


a) end user specialist
b) specific customer specialist
c) geographic specialist
d) Research specialist

29) Market research is conducted by


a) by employees
b) by research agencies
c) by rivals
d) by consultants

30) ---- cost accounting measures the cost of producing and ignores the cost of non-producing.
a) Traditional
b) Formal
c) Modern
d) Mathematical

31) Consolidation strategy means


a) better profit strategy
b) separation strategy
c) partial differentiation
d) move slowly & surely

32) Getting new users is a position defense strategy – TRUE /FALSE

33) Match the following – Benchmarking is / Michael Hammer & James Chapy / GDP stands for / Comparative
analysis is

34) When a company emulates the market leader with slight variation, is called a Cloner – TRUE / FALSE

35) The super structure indicates ways in which company’s tasks are integrated or co-ordinated – TRIE / FALSE

36) Arranging training program on productivity is a strategic decision – TRUE / FALSE

37) How does ‘Structure’ reduce internal uncertainty arising out of human behaviour
a) Forecasting
b) Control mechanism
c) Departmentalization
d) specialization

38) Board of Directors of the company are


a) supreme authority which links company with environment
b) not involved in strategic planning
c) final signatory
d) involved only in implementation of strategy

39) Middle managers are ---- in formulation of strategies


a) not actively involved
b) the only responsible members
c) active participants
d) initiators

40) “Cost leadership” exhibits following qualities


a) suppliers under control due to large volume
b) functional products
c) large customer base
d) substitutes are a major threat

41) Stretching over territories, broadening markets by a company is a form of ---- defense
a) Mobile
b) Flank
c) Pre-emptive
d) position

42) Factors leading to personnel capability


a) IR , OB
b) CRM
c) PR
d) PRM

43) Levels of Strategy are


a) Corporate level
b) SBU level
c) Functional Level
d) Lower management level
44) A cycling accessory firm strive to become “the nike of the cycling industry” is ---category of goal.
a) Role model
b) Aggressive
c) Qualitative
d) target

45) Demographic Environment is concerned with


a) population size, age, income, distribution of groups, family structure
b) democracy
c) geographical differences
d) cultural differences

46) Corporate strategy ensures


a) fit between the firm and its environment
b) close supervision
c) Economy
d) Easy availability of resources

47) One Questions got repetitive from above questions


48) One Question - missed out in copying the same