6/5/22, 9:54 AM Check Your Answers :: ELearning System

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1 Deepak, Head of Strategy Department at ABC Limited would like understand which of the
following is least likely to lead to success of his organization?
Ability to execute the strategy
Deviating from the strategic management process
Stay focused on the target
Constantly review the strategy and implementation process

2 Which of the following is least likely to be refined/ replaced frequently by the organization to
address the changing market requirements?
CEO of the Company
Strategies and structure
Products and services
Markets and competitive advantage

3 Which of the following is most likely to be important difference between Strategy and Strategic
Management?
Strategic management requires analysis to be done before strategy formulation
Strategic management requires analysis to be done after strategy implementation
There is no difference between the two
None of the above

4 Which of the following is least likely to be an approach to strategic management as highlighted by

Whittington?
Classical
Processual
Evolutionary
Mysterious

5 Which of the following steps the organization is least likely to take after identification of its
strengths and weaknesses?
Leverage the weaknesses
Overcome the weaknesses
Build inclusiveness
Leverage the strengths

6 Which of the following is most likely to be a reason for failure organizations in spite of having a
robust strategic management process?
Discipline
Governance
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6/5/22, 9:54 AM Check Your Answers :: ELearning System

Over ambitious strategies

Review and monitoring of process

7 Which of the following is least likely to be an outcome of the strategic management process?
Does ensure unconditional success
Leads to an evolved framework
Ensures risks are minimized
Provide good perspective to management based on analysis of facts

8 Which of the following is most likely to be a new world economy company?

IT and Internet
Aviation
Consumer electronics
Automobile

9 Which of the following strategies are most likely to work for an organization which may take
their own paths?
Cost focused
Value focused
Both 1 and 2
None of the above

10 Aman, new joiner in Strategy Function of GHT Limited confused and unable to identify which
of the following is not a strategic decision. Assist him to identify the appropriate one?
Choosing the right market segment
Purchase of vehicle for CEO’s use
Developing the right products and services
Creation of partner ecosystem

11 Which of the following is most likely to help an organization to faster decision making to support
the business and its stakeholders?
Responsibility Matrix
Delegation of Authority Matrix
Reporting Matrix
Order approval matrix

12 The Strategic Business Unit (SBU) is most likely to take the following strategic decision?
What businesses are we in?
How do we compete?
How do we support business level strategy
All of the above

13 Dia, Head of Operations at GTF Limited is of the view that the top decision makers in an
organization must understand the complex the relationship between the various factors across the
business spectrum to take timely decisions and create actions. True or False?
True

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6/5/22, 9:54 AM Check Your Answers :: ELearning System

False

14 Corporate Strategy is the ___________ term strategy encompassing the entire organization.
Long
Medium
Short
Near

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