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Com[PA] [2017-2020],

Dr.G.R.Damodaran College of Science


(Autonomous, affiliated to the Bharathiar University, recognized by the
UGC)Re-accredited at the 'A' Grade Level by the NAAC and ISO 9001:2008
Certified CRISL rated 'A' (TN) for MBA and MIB Programmes

III B.Com[PA]
Semester V
Core: BUSINESS ANALYSIS
Multiple Choice Questions.

1. Strengths include
A. Product innovation skills
B. Better product quality
C. Low cost of production
D. All of the
aboveANSWER: D

2. Which statement is true


A. A cash cow produces a lot of cash for the company
B. Question marks are company business that operate in high growth markets but have
low relativemarket shares
C. A star is the market leader in a high growth market
D. All of the
aboveANSWER: D

3. Strategic Management is the set of decisions and actions in formulation and implementation
of strategiesdesigned to achieve the objectives of
A. An organisation
B. An planning
C. An customer
D. An
management
ANSWER: A

4. Two reasons for mergers and acquisitions are


A. to increase managerial staff and to minimize economies of scale
B. to reduce tax obligations and increase managerial staff.
C. to create seasonal trends in sales and to make better use of a new sales force.
D. to provide improved capacity utilization and to gain new
technology.ANSWER: D

5. Strategy implementation is concerned with making decisions with regard to


A. developing an organisational structure to achieve the strategy
B. recording the data
C. keeping the records

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D. recording the financial


transactionsANSWER: A

6. Which is the steps to conduct situation analysis of a company?


A. Identifying the corporate capability factors
B. Doing a SWOT analysis
C. Evaluating how well the current strategy is working
D. All of the
aboveANSWER: D

7. Horizontal merger is a combination of firms in the same business and aspects of the
productionprocess
A. single or two firm
B. single firm
C. two or more firms
D. All of
these
ANSWER: A

8. All of these, except are part of Porter's competitive forces in industry analysis.
A. potential entry of new competitors
B. bargaining power of suppliers
C. development of substitute products
D. bargaining power of
unionANSWER: D

9. Developing a vision and mission, identifying an organisation's external opportunities and


threats, anddetermining internal strengths and weaknesses are all activities.
A. strategy-implementation
B. strategy-formulation
C. long-range planning
D. short-range
planningANSWER: B

10. Strategic planning is concerned with


A. making decisions with regard to establishing long term and short-term objectives to
achieve theorganisation's mission
B. making decisions with regard to formulating policies to guide the organisation in
establishingobjectives, choosing a strategy and implementing the chosen strategy
C. making decisions with regard to determining the organisation's mission
D. All of
these.
ANSWER: D

11.Which is the advantage of takeovers?


A. It create mobility of resources from one activity to another activity
B. It provide easy growth opportunities
C. It ensure management accountability
D. All of the
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aboveANSWER: D

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12. The matching stage corporate portfolio analysis includes


A. The Boston Consulting Group
B. The Strategic Position and Action Evaluation Matrix
C. The Threats Opportunities Weaknesses Strengths Matrix
D. All of the
aboveANSWER: D

13. What does Dog symbolize in BCG matrix?


A. Growth
B. Decline
C. Maturity
D. Introductio
nANSWER: B

14. Which statement is true about Strategic Management?


A. It provides clear objectives and direction for employees
B. It helps ensure full exploitation of opportunities
C. It allows a firm's top executive to anticipate change and provides direction and
control for theenterprise
D. All of the
aboveANSWER: D

15. . Business is affected by technological environment to a large extent because it affect the
A. Profit of firm
B. Fund of the firm
C. Product of the firm
D. Operations of the
companyANSWER: D

16. . A is a set of activities which are networked in an order and aimed towards achieving
the goals ofa project.
A. Project
B. Process
C. Project management
D. Project
cycleANSWER:
A

17. Resources refers to


A. Manpower
B. Machinery
C. Materials
D. All of the
aboveANSWER: D

18. Developing a technology is an example of


A. Process
B. Project
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C. Scope
D. All of the
aboveANSWER: B

19. The project life cycle consists of


A. Understanding the scope of the project
B. Objectives of the project
C. Formulation and planning various activities
D. All of the
aboveANSWER: D

20. Project performance consists of


A. Time
B. Cost
C. Quality
D. All of the
aboveANSWER: D

21. Five dimensions that must be managed on a project


A. Constraint, Quality, Cost, Schedule, Staff
B. Features, Quality, Cost, Schedule, Staff
C. Features, priority, Cost, Schedule, Staff
D. Features, Quality, Cost, Schedule,
customerANSWER: B

22. Resorce requirement in project becomes constant while the project is in its progress
stageA. 40 to 55%
B. 55 to 70%
C. 70 to 80%
D. 80 to
95%ANSWER:
D

23. Following is (are) the component(s) of risk management


A. Risk Assessment
B. Risk Control
C. Risk Ranking
D. All of the
aboveANSWER: D

24. Controlling the changes in the project may affect


A. The progress of the project
B. Stage cost
C. Project scope
D. All of the
aboveANSWER: D

25. Following are the characteristics of Project Mindset


A. Time, Responsiveness, Information sharing, Processes, structured planning
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B. Time, Project management, Information sharing, Processes, structured planning


C. Time, Responsiveness, Information sharing, capability, structured planning
D. Time, Responsiveness, Information sharing, Processes, project
planningANSWER: A

26. Porter's value chain theory was


introduced inA. 1980
B. 1985
C. 1990
D. 1995
ANSWER: B

27. Secondary activity of Porter that deals with pertaining equipments is named as
A. Infrastructure development
B. Logistics development
C. Technological development
D. Services
developmentANSWER:
C

28. Activities required to collect for storage of outputs are involved in


A. Outbound logistics
B. inbound logistics
C. Distribution systems
D. Control
processANSWER:
A

29. Secondary activity in Porter, dealing with acquisition of inputs or resouces is said to be
A. Procurement
B. Resource management
C. Infrastructure
D. Developme
ntANSWER: A

30. Procedures and technical knowledge needed for firm to transform its inputs to outputs is said
to be
A. Services development
B. Infrastructure development
C. Logistics development
D. Technological
developmentANSWER: D

31. Horizontal integration is concerned with


A. Production
B. Quality
C. Product planning
D. All of the
aboveANSWER: A

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32. Micro environment is the_ environment of a company

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A. Working
B. Human
C. External
D. Internal
ANSWER: D

33. Changes in company also necessitates changes in the systems in various degrees
A. structure
B. system
C. strategy
D. turnover
ANSWER: B

34. . Strategic management is mainly the responsibility of


A. Lower management
B. Middle management
C. Top management
D. All of the
aboveANSWER: C

35. . Change in companys gives rise to problems necessitating a new to be made


A. structure, strategy
B. strategy, structure
C. structure, structure
D. strategy,
strategyANSWER:
B

36. The reasons for acquisition are


A. Increased market power
B. Increased diversification
C. Increased speed to market
D. All of the
aboveANSWER: D

37. Market research is conducted by


A. By employees
B. By research agencies
C. By consultants
D. All of the
aboveANSWER: D

38. Vertical integration is concerned with


A. supply chain
B. production
C. Quality
D. plannin
g ANSWER:
A
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39. . cost accounting measures the cost of producing and ignores the cost of non-
producing
A. Lean
B. Traditional
C. Environmental
D. Throughp
utANSWER: B

40. Harvest strategy is used for


A. Dogs
B. Question marks
C. both A and B
D. none of the
aboveANSWER: C

41. Benchmarking is
A. Historical analysis
B. Competitive analysis
C. Re-engineering
D. All of the
aboveANSWER: B

42. Macro environment


A. Political- legal
B. socio-cultural
C. economic-demographic
D. All of the
aboveANSWER: D

43. A major part of strategy implementation is


A. Planning
B. Communication
C. Resource allocation
D. Monitorin
gANSWER: C

44. According to SWOT analysis, analysis of Opportunities & Threats is part of


A. Internal environment
B. External environment
C. both A and B
D. none of the
aboveANSWER: B

45. Company
A. PEST analysis
B. SWOT analysis
C. both A and B
D. none of the
aboveANSWER: B

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46. Positive situational factors and internal capabilities is part of company's


A. Strengths
B. Weaknesses
C. Opportunities
D. threats
ANSWER: A

47. Return on Investment on marketing (ROI) can be assessed as


A. Brand awareness
B. Market share
C. Increase in sales
D. All of the
aboveANSWER: D

48. In BCG growth share matrix, horizontal axis represents


A. Market growth rate
B. Relative market share
C. Portfolio analysis
D. both c and
BANSWER: B

49. Value creating activities carried by internal departments of company are classified as
A. Value chain
B. Value delivery network
C. Portfolio analysis
D. none of the
aboveANSWER: A

50. In growth-share matrix, vertical axis represents


A. Business portfolio
B. Relative market share
C. Market growth rate
D. both A and
BANSWER: C

51. Strategy of introducing new product in existing market is classified as


A. Market development
B. Market penetration
C. Product development
D. Diversificatio
nANSWER: C

52. SBU's with low growth whereas high market share are considered as
A. stars
B. question mark
C. cash cow
D. dog

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ANSWER: C

53. Market development is result of introducing


A. New product in existing market
B. Existing product in new market
C. Existing product in existing market
D. New products in new
marketsANSWER: B

54. Which of the following is true for supply chain management


A. The physical material moves in the direction of the end of chain
B. Flow of cash backwards through the chain
C. Exchange of information moves in both the direction
D. All of the
aboveANSWER: D

55. The purpose of supply chain management is


A. provide customer satisfaction
B. improve quality of a product
C. integrating supply and demand management
D. increase
productionANSWER:
C

56. The major decision areas in supply chain management are


A. location, production, distribution, inventory
B. planning, production, distribution, inventory
C. location, production, scheduling, inventory
D. location, production, distribution,
marketingANSWER: A

57. 3-PL stands for


A. Three points logistics
B. Three party logistics
C. Three points location
D. none of the
aboveANSWER: B

58. Process of managing upstream and downstream of final goods, flow of raw materials and
informationabout resellers and final consumers is classified as
A. marketing logistics network
B. supply chain management
C. delivery network
D. physical distribution
networkANSWER: B

59. E-business stands


for
A. Electronic business

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B. Electron business

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C. Electric business
D. All of the
aboveANSWER: A

60. Organizations that are good at developing relevant capabilities to respond to a


A. Knowing organizations
B. Stretch organizations
C. Learning organizations
D. None of the given
optionsANSWER: C

61. Among the most common and influential forces of organizational change are the
emergence of newcompetitors and
A. Innovations in technology
B. new company leadership
C. evolving attitudes towards work
D. All the given
optionsANSWER: D

62. . Identify a theory according to which environment plays decisive role in the selection
of forms,processes and practices in organization
A. Life cycle theory
B. Teleological theory
C. Dialectical theory
D. Evolutionary
theoryANSWER: D

63. Which of the following strategies refers to slow, gradual or incremental type of change in
terms ofstrategic management?
A. Internal development
B. External development
C. Revolutionary development
D. Radical
developmentANSWER:
A

64. Joint venture is an example of which of the following?


A. External development
B. Internal development
C. Revolutionary development
D. Radical
developmentANSWER:
A

65. In environmental determinants the change in is more crucial


A. Technology
B. Organization structure
C. Government policies
D. None of
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theseANSWER:
A

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66. Successful organizations spend a great deal of their time on


A. Strategy execution
B. Strategy planning
C. Strategy formation
D. Monitoring and
controllingANSWER: A

67. Which of the following areas is Not one of the four key areas that strategic change seeks to
influence?
A. People
B. Technology
C. Formal organisation structures
D. informal organisation
structuresANSWER: B

68. The process in the organization in turn depends upon the following except:
A. Change management
B. Pattern through time
C. Formulation /implementation process
D. Political and cultural views of the
firmsANSWER: D

69. Organizational restructuring is an example of change


A. strategic
B. transformational
C. structural
D. increment
alANSWER: A

70. If organization production strategy is based on quality production then it should not go for
typeof strategy
A. Differentiation Specialty
B. cost leadership
C. cost volume
D. none of the
aboveANSWER: B

71. Techniques used in environmental appraisal are


A. single-variable extrapolation/multivariable interaction analysis
B. Structured/ unstructured expert/inexpert opinion
C. Dynamic modes and mapping
D. All of the
aboveANSWER: C

72. Strategic management is mainly the responsibility of


A. Lower management
B. Middle management
C. top management

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D. All of the
aboveANSWER: C

73. strategy is developed by the visionary chief executive in mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial
modeANSWER: D

74. Financial environment is concerned with


A. demand & supply of money
B. capital markets
C. both a and b
D. none of the
aboveANSWER: C

75. is used to refer to strategic formulation, implementation and evaluation, with


referring only to strategic formulation
A. Strategic planning; strategic management
B. Strategic planning; strategic processing
C. Strategic management; strategic planning
D. Strategic management; strategic
processingANSWER: C

76. Strategy formulation includes all of the following activities excepta. Establishing
A. company mission
B. establishing long-term objectives
C. analyzing alternative strategies
D. measuring organizational
performanceANSWER: D

77. A possible and desired future state of the organisation is called


A. Mission
B. Vision
C. Strategy implementation
D. Strategy
formulationANSWER:
B

78. what does question mark symbolize in BCG matrix


A. Remain Diversified
B. Invest
C. Stable
D. Liquidat
eANSWER:
A

79. what do cash cow symbolize in BCG matrix


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A. Remain Diversified

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B. Invest
C. Stable
D. Liquidat
eANSWER:
C

80. the bcg matrix is based on


A. Industry attractiveness and Business strength
B. Industry Growth rate and Business strength
C. Industry Attractiveness and Relative Market share
D. Industry growth rate and relative market
shareANSWER: D

81. buying another company by one company means


A. Joint venture
B. Acquisition
C. Amalgamation
D. Merger
ANSWER: B

82. low cost, differentiation and focus are example of


A. Corporate strategies
B. Operational strategies
C. Business strategies
D. Functional
strategiesANSWER: C

83. the word tactics is most likely to be associated with


A. Business strategies
B. Corporate strategies
C. Operational strategies
D. Functional
strategiesANSWER: C

84. buyers market exits when


A. few suppliers in the market
B. buyers purchases in small volume
C. buyers purchases in small volume
D. product of suppliers are unique and
differentiatedANSWER: C

85. strategic management handles


A. external issues
B. management issues
C. internal issues
D. administrational
issuesANSWER: A

86. corporate level strategy deal with


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A. objectives of specific functions


B. objective of Single strategic Business Unit
C. objectives of the corporate
D. objectives of specific
operationsANSWER: C

87. from the following activity which does not comes under the primary activity of value chain
analysis
A. Operations
B. Technology development
C. Marketing and sales
D. Service
s ANSWER:
B

88. bargaining power of customer is high if


A. Differentiation of competitors product is low
B. Switching costs are low for substitute products
C. The buyer has little information about the market
D. The buyer requires a high quality product for own
productionANSWER: A

89. which strategies aim at improving internal weakness by taking advantage of external
opportunities
A. SO
B. WO
C. SW
D. ST
ANSWER: B

90. the sketch of BCG matrix, what is the label of the horizontal axis?
A. Industry growth rate
B. Market share
C. Market growth rate
D. Business
strengthANSWER:
B

91. When an industry relies heavily on government contracts, which forecast can be the most
importantpart of an external audit
A. Economic
B. Competitive
C. Political
D. Multination
alANSWER: C

92. which would be classified as stakeholder?


A. Communities
B. Banks

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C. Suppliers
D. Communities Banks
SuppliersANSWER: D

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93. a company offers unique product that are widely valued by customer, it is likely to follow a
A. Differentiation strategy
B. Combination strategy
C. Focus strategy
D. Cost-leadership
strategyANSWER: A

94. The following are considered grand strategies expect for


A. retrenchment strategy
B. Strategic business units
C. A growth strategy
D. Related
diversificationANSWER:
B

95. which one of the following is not one of Porter five competitive forces?
A. Bargaining power of suppliers
B. Threats of technological advances
C. Threats of new entrants and barriers to entry
D. Threats of
substitutesANSWER: C

96. strategic business unit


A. Are found in one-business organisations
B. Carry out strategies assigned by the CEO
C. Develop their own unique way of competing
D. Implement the marketing function's strategic planning and management
decisionsANSWER: C

97. when does horizontal integration occur?


A. When a firm acquires or merges with a major competitor
B. When a firm acquires or merges with a supplier firm
C. When a firm acquires or merges with a distributor
D. When a firm acquires or merges with a an unrelated
businessANSWER: A

98. the slowest way to grow a business is likely to be through


A. merger
B. outsourcing
C. Internal development
D. A strategic
allianceANSWER: C

99. joint venture can be defined as


A. Two firms collaborate together on a specific project
B. One firm licenses its intellectual property to another firm
C. Two firms merge together
D. Two firms come together to form a third, legally separate firm
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ANSWER: D

100.two reasons for merge and acquisition are


A. to increase managerial staff and to minimize economies of scale
B. to reduce tax obligations and increase managerial staff
C. to create seasonal trends in sales and to make better use of a new sales force
D. to provide improved capacity utilization and to gain new
technologyANSWER: D

101.The environmental segments that comprise the general environment typically will NOT
include
A. demographic factors
B. socio cultural factors
C. substitute products or services
D. technological
factorsANSWER: C

102.Internal analysis enables a firm to determine what the firm


A. can do
B. should do
C. will do
D. might
doANSWER:
A

103.An external analysis enables a firm to determine what the firm


A. can do
B. should do
C. will do
D. might
doANSWER:
D

104.Swot Analysis is done to know the


A. strengths
B. Threats and strengths
C. Weaknesses and opportunities
D. Threats, strengths Weaknesses and
opportunitiesANSWER: D

105.A cost leadership strategy targets the industry's customers


A. most typical
B. poorest
C. least educated
D. most
frugal
ANSWER: A

106.The business unit strategy has three major components

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A. mission, business, and SBU goals


B. marketing, advertising and pricing objectives
C. mission, business unit goals, and competencies

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D. business mission, department mission, and daily


plansANSWER: C

107.An organization's strategies should be designed so that they incorporate


A. opportunities and threats
B. resources and capabilities
C. only traditional values of past organizations
D. opportunities, threats, resources, and
capabilitiesANSWER: B

108.Competitive rivalry has the most effect on the firm's strategies than the firm's other
strategies
A. business-level
B. corporate-level
C. acquisition
D. internation
alANSWER: A

109.In a large organization, strategic management activities occur at what level(s)?


A. Corporate and divisional
B. Functional, business and corporate
C. Strategic business unit
D. Divisiona
lANSWER: B

110.Conducting research, integrating intuition with analysis, and making


decisions areall activities
A. strategy-formulation
B. strategy-implementation
C. long-range planning
D. short-range
planningANSWER: A

111. Customer Relationship Management is about


A. Acquiring the right customer
B. Instituting the best processes
C. Motivating employees
D. All of the
aboveANSWER: D

112.Customized products and services for customers and interaction to individual customers are
part of
A. retailers management
B. customer relationship management
C. company relationship management
D. supplier
managementANSWER:
B

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113.This is the practice of dividing a customer base into groups of individuals that are similar
in specificways relevant to marketing, such as age, gender, interests, spending habits, and so
on

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A. customer service chat


B. customer managed relationship
C. customer life cycle
D. customer
segmentationANSWER:
D

114.Who is most responsible for developing, communicating, and enforcing the code of business
ethics fora firm?
A. Strategists
B. Line managers
C. Staff managers
D. All
managers
ANSWER: A

115.. Strategic Management handles------------------------


A. External issues
B. Management issues
C. Internal issues
D. Administrational
issuesANSWER: A

116.Company offers unique products that are widely valued by customers, it is likely
to followa
A. Differentiation strategy
B. Combination strategy
C. Focus strategy
D. Cost-leadership
strategyANSWER: A

117.Environmental scanning occurs in what phase of strategic conflict management?


A. Reactive
B. Proactive
C. Recovery
D. Strategi
cANSWER:
B

118.The term corporate strategy concerns strategy and strategic decisions ------------
A. In certain types of organization
B. At all levels in an organization
C. Developed by the senior management
D. private sector
onlyANSWER: B

119.A young industry that is beginning to form is considered to be in stage


A. introduction
B. growth
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C. shakeout
D. maturity

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ANSWER: A

120.The word strategy originated from


A. strategia
B. stratum
C. statistics
D. straight
ANSWER: A

121.Diversification' can be best classified as


A. potential opportunities
B. potential threats
C. potential strengths
D. potential
weaknessesANSWER:
A

122.Strategy is a plan
A. systematic
B. tactical
C. operational
D. dynamic
ANSWER: A

123.Growth strategy is also called


A. expansion strategy
B. building strategy
C. affirmative strategy
D. functional
strategyANSWER: A

124.The value chain is subdivided into two main headings primary activities and
A. Peripheral activities
B. support activities
C. secondary activities
D. outsourced
activitiesANSWER: B

125.Which one of the following would not be considered as a functional strategy?


A. financial
B. marketing
C. product market
D. operatio
nsANSWER:
C

126.The five forces model developed by has been the most commonly used analytical
tool forexamining competitive environment
A. Michael E. Porter
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B. Lewis Charter

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C. barrywell
D. Schwitz
ANSWER: A

127.What are the six elements of PESTLE


A. Peace, Elements, Search, Tape, Legal, and Environment
B. Power, Environment, Science, Teaching, Legal, and Education
C. Paper, Element, Savings, Trust, Labels, and Entry
D. Political, Economic, Social, Technological, Legal, and
EnvironmentalANSWER: D

128.Typically, profits are highest in which stage of the industry life-cycle


A. Growth
B. Introductory
C. Stagnation
D. Decline
ANSWER: C

129.Strengths and weaknesses are important ingredients of


A. The industry
B. The Organization and the competitors
C. The Market
D. The
firm
ANSWER: B

130.Reputation' in the context of an organization's resources can provide competitive advantage


because
A. It is implicit
B. It is difficult to copy
C. It is a resource
D. It leads to easy word of mouth
publicityANSWER: B

131.In which matrix of the BCG growth share matrix should a firm consider to diversify
A. problem child
B. cash cow
C. star
D. none of
theseANSWER:
C

132.Which one of the following is not a component of the external environment


A. Technology
B. political
C. Socio- Cultural
D. Business
ProcessesANSWER:
D

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133.Growth share matrix divides SBU's in


A. 2 types

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B. 3 types
C. 4 types
D. 5 types
ANSWER: C

134.Return on Investment (ROI) can be calculated as Net return from investment on marketing
divided by
A. Cost of investment on marketing
B. Relative market share
C. Market growth rate
D. Relative market share plus market growth
rateANSWER: A

135.Situation in which company is making more sales with its existing product is classified as
A. Market development
B. Market penetration
C. Product development
D. Diversificatio
nANSWER: B

136.Procedure of arranging a product to occupy distinct place in target customers mind is called
A. Market segmentation
B. Targeting
C. Differentiation
D. Positionin
gANSWER: D

137.Negative situational factors are part of


A. Strengths
B. Weaknesses
C. Opportunities
D. Threats
ANSWER: B

138.Opening retail stores, way 'Apple' has opened , a classic example of


A. vertical integration
B. horizontal integration
C. consolidation
D. geographic
expansionANSWER: A

139.Which one of the following is not a component of the internal environment


A. Tangible Resources
B. Brand reputation
C. Laws and Regulations
D. Physical
AssetsANSWER:
C

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140.In terms of the PESTLE analysis, the changes in the tariff structures and regimes could go in
which

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section
A. Demographics
B. Political
C. Legal
D. Eco-
systems
ANSWER: D

141.Change in culture, attitude, and mindset calls for


A. engagement, involvement and motivation of employees
B. Rigorous performance appraisal
C. Performance benchmarking
D. Organization design
changeANSWER: D

142.The difference between strategy formulation and strategy


implementation is that
A. Strategy is developed by Top Management Team and implemented by
Managers
B. Strategy is created by a few but implemented by all
C. Strategy is customer centric and implementation is operations centric
D. All of
these
ANSWER: D

143.Product development strategy for achieving intensive growth focuses on


A. Current products and new markets
B. Current products and current markets
C. New products and current markets
D. New products and new
marketsANSWER: C

144. should have the ability to develop a vision to see patterns into the future.
A. Leaders
B. Managers
C. Management
D. Workers
ANSWER: A

145.POPIT model stands for


A. people, organisation, production, information technology
B. people, organisation, processes, information technology
C. process , organisation, production, information technology
D. all the
aboveANSWER:
B

146.Retrenchment is
A. When a company experiences declining profits and makes cutbacks to improve efficiency

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B. When a company adopts a new strategic position for a product or service


C. The sale of the complete business, either as a single going concern or piecemeal to
different buyers orsometimes by auctioning the assets
D. ely to take place when an organization lacks a key success factor for a particular market

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ANSWER: A

147.Disinvestment is what kind of strategy


A. An asset-reduction strategy
B. A weakness-reduction strategy
C. A product-reduction strategy
D. A cost-reduction
strategyANSWER: A

148.In the resource-based model, which of the following factors would be considered
a key toorganizational success?
A. unique market niche
B. weak competition
C. economies of scale
D. skilled
employeesANSWER:
D

149.The environmental segments that comprise the general environment typically will NOT
include
A. demographic factors
B. socio cultural factors
C. substitute products or services.
D. technological
factorsANSWER: C

150.What are the guides to decision making?


A. Rules
B. Procedures
C. Goals
D. Policies
ANSWER: D

Staff
Name
Dhanasekaran
R.

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