SHRI RAMSWAROOP MEMORIAL COLLEGE OF MANAGEMENT

BBA[SEM VI]

TUTORIAL SHEET-1
[Session: 2023-24 (Even)]

BBA- P13: Business Policy & Strategic Management - II

Unit No. & Name: I- INTRODUCTION TO Course Outcome: CO1-To understand

STRATEGIC the basic concepts, principles and
MANAGEMENT practices associated with strategy
formulation and implementation.
Date of 05/04/2023 Name of Dr. VIVEK MISHRA
Distribution: Faculty:

TOPIC-WISE OBJECTIVE QUESTIONS

Topic Set-1: Nature and Scope of Strategic Management. Concept of Core Competence
[A] In the below mentioned questions, the statements have only one correct option: BL
What is the primary purpose of strategic management?
a) To increase operational efficiency
Q1) b) To maximize short-term profits 1
c) To achieve long-term competitive advantage
d) To minimize organizational risks
Which of the following best describes the nature of strategic management?
a) Reactive and short-term focused
Q2) b) Proactive and long-term oriented 2
c) Isolated from organizational goals
d) Focused solely on internal operations
What is the scope of strategic management?
a) It encompasses only financial planning
Q3) b) It involves only tactical decision-making 1
c) It involves all aspects of organizational activities
d) It is limited to marketing strategies
Core competence refers to:
a) Basic skills every employee must possess
Q4) b) Specialized knowledge of top management 1
c) Unique strengths and capabilities of an organization
d) General competencies required for all industries

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 How does core competence contribute to competitive advantage?
a) By imitating competitors' strategies
Q5) b) By providing a basis for differentiation 1
c) By reducing operational costs
d) By limiting innovation within the organization
Which of the following statements best describes the concept of core competence? 2
Q6)
a) It is easily replicable by competitors
b) It is industry-specific and temporary
c) It evolves over time and is difficult for competitors to imitate
d) D) It focuses solely on short-term gains
Core competence is essential for:
a) Diversification of products
Q7) b) Competitive parity 3
c) Sustainable competitive advantage
d) D) Operational efficiency

What is the significance of identifying core competencies in strategic management?

a) It helps in minimizing employee turnover
Q8) b) It assists in resource allocation and strategy formulation 2
c) It ensures short-term profitability
d) It limits organizational flexibility
In the below mentioned questions, the statements may have more than one correct BL
[B]
option(s):
Which of the following are components of the scope of strategic management?
a) Environmental analysis
b) Financial planning
c) Strategy formulation
Q9) 2
d) D) Human resource management

What does core competence entail?

a) Basic skills every employee must possess

Q10) b) Specialized knowledge of top management

2
c) Unique strengths and capabilities of an organization
d) D) General competencies required for all industries

Topic Set-2: Capability and Organisational learning;

;
[A] In the below mentioned questions, the statements have only one correct option: BL
What is the primary goal of organizational learning?
a) To maintain the status quo
Q1) b) To increase resistance to change 1
c) To enhance the organization's adaptability and effectiveness
d) To limit employee creativity

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 Organizational capabilities refer to:
a) Individual skills possessed by employees
b) The financial resources of the organization
Q2) c) The collective knowledge, skills, and abilities of the organization 3
d) The physical assets of the organization

Which of the following is NOT a dimension of organizational capability? 2

Q3)
a) Technical expertise
b) Financial resources
c) Managerial know-how
d) Collaborative networks
What is the significance of building organizational capabilities?
a) It ensures short-term profitability
Q4) b) It limits organizational flexibility 2
c) It enhances the organization's ability to respond to market changes
d) It restricts innovation within the organization
Capability development involves:
a) Focusing solely on individual skill enhancement
Q5) b) Emphasizing short-term goals over long-term objectives 2
c) Aligning organizational resources and processes with strategic goals
d) Restricting knowledge sharing among employees
Organizational learning is:
a) Limited to formal training programs
Q6) b) A continuous process of acquiring, interpreting, and applying knowledge 2
c) A one-time event
d) Unrelated to organizational performance
Which of the following is a characteristic of a learning organization?
a) Resistance to change
Q7) b) Fixed mindset among employees 2
c) Emphasis on individual achievements over teamwork
d) Openness to new ideas and experimentation
Knowledge management involves:
a) Hoarding information within the organization
Q8) b) Creating barriers to knowledge sharing 2
c) Systematically capturing, storing, and sharing organizational knowledge
d) Ignoring the importance of tacit knowledge

[B] BL
Which of the following are characteristics of organizational learning?
a) Continuous process
Q9) b) Individual-centric focus 2
c) Collective knowledge sharing
d) D) Resistance to change

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 What factors contribute to the development of organizational capabilities?
a) Outsourcing key activities
Q10) b) Continuous learning and innovation 2
c) Standardizing all organizational processes
d) D) Limiting collaboration with other firms

Topic Set-3: Management of Strategic Change

[A] In the below mentioned questions: the statements have only one correct option: BL
What is the primary objective of managing strategic change?
Q1) a) To maintain the status quo 2
b) To minimize employee involvement
c) To adapt to internal and external environmental changes
d) To discourage innovation within the organization
Strategic change involves:
a) Making minor adjustments to existing strategies
Q2) b) Implementing radical transformations in organizational strategies 1
c) Avoiding any changes to avoid risk
d) Limiting employee involvement in decision-making
Which of the following is NOT a driver of strategic change?
a) Technological advancements
b) Market stability
Q3) c) Competitive pressures 2
d) Regulatory changes

Change management focuses on:

a) Maintaining the status quo
Q4) b) Resisting change at all costs 2
c) Facilitating smooth transitions during periods of change
d) Limiting communication within the organization
Which approach emphasizes the importance of involving employees in the change process?
a) Top-down approach
b) Reactive approach
Q5) 2
c) Participative approach
d) D) Command and control approach

What role do leaders play in managing strategic change?

a) To resist change to maintain stability
b) To communicate the need for change and provide direction
Q6) 2
c) To discourage employee involvement in decision-making
d) D) To limit transparency regarding change initiatives

Resistance to change within an organization can be caused by:

a) Lack of communication
b) Employee empowerment
Q7) 2
c) Clear vision and direction
d) D) Transparent decision-making processes

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 Which of the following is a strategy for overcoming resistance to change?
a) Ignoring dissenting voices
Q8) b) Providing adequate training and support 1
c) Punishing employees who voice concerns
d) D) Minimizing transparency regarding change initiatives
[B] In the below mentioned questions: the statements may have more than one correct option(s): BL
Which factors contribute to resistance to strategic change within an organization?
Q9) a) Lack of communication
2
b) Fear of the unknown
c) Clear vision and direction
d) D) Employee empowerment
What strategies can be used to overcome resistance to strategic change?
a) Providing adequate training and support
Q10) b) Punishing employees who voice concerns 2
c) Encouraging employee involvement in the change process
d) D) Limiting transparency regarding change initiatives
Topic Set-4: Process of Strategic planning and Implementation

[A] In the below mentioned questions, the statements have only one correct option: BL
What is the first step in the strategic planning process?
a) Implementation
b) Evaluation
Q1) c) Formulation 1
d) D) Monitoring
Environmental analysis in strategic planning involves:
a) Identifying internal strengths and weaknesses
b) Assessing external opportunities and threats
Q2) c) Developing detailed action plans 1
d) Implementing strategies immediately

SWOT analysis stands for:

a) Strengths, Weaknesses, Opportunities, Tactics
b) Strategy, Workforce, Operations, Threats
Q3) c) Strengths, Weaknesses, Opportunities, Threats 1
d) Strategic, Worldwide, Operations, Tactics

Which of the following is NOT a component of strategic planning?

Vision statement
Q4) Financial forecasting 2
Mission statement
Tactical objectives

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 Strategic objectives should be:
a) Specific, Measurable, Achievable, Realistic, Time-bound (SMART)
Q5) b) General and open-ended 1
c) Ignored during the planning process
d) Changed frequently to accommodate new ideas
Which step in the strategic planning process involves selecting strategies to achieve organizational
objectives?
Q6) 1
a) Implementation
b) Evaluation
c) Formulation
d) Execution
Strategy implementation involves:
a) Developing mission and vision statements
b) Allocating resources and putting plans into action
c) Conducting SWOT analysis
d) Generating alternative strategies
Q7) 2

Which of the following is a key consideration during strategy implementation?

a) Ignoring feedback from stakeholders
Q8) b) Focusing solely on short-term results 2
c) Aligning organizational structure and culture with the strategy
d) Changing strategic objectives frequently

[B] In the below mentioned questions: the statements may have more than one correct option(s): BL
Which elements are typically included in the strategic planning process?
A) Environmental analysis
Q9) B) Setting strategic objectives 2
C) Allocating resources
D) Conducting performance evaluation
What factors are critical for successful strategy implementation?
A) Alignment with organizational culture
Q10) B) Effective communication 2
C) Punishing employees who resist change
D) Hierarchical decision-making

Topic Set-5: Activating Strategies ,Strategy and Structure

[A] In the below mentioned questions, the statements have only one correct option: BL
How do organizations activate strategies?
a) By developing strategic plans only
b) By implementing action plans effectively
c) By outsourcing strategic decision-making
Q1) 2
d) By ignoring organizational culture

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 Which of the following is NOT a key element of activating strategies?
a) Resource allocation
Q2) b) Communication and coordination 2
c) Strategic planning
d) Performance measurement
Strategy activation involves:
a) Developing broad goals and objectives
b) Implementing specific action plans
Q3) c) Ignoring organizational culture 2
d) D) Limiting communication within the organization
What role does leadership play in activating strategies?
a) To resist change and maintain the status quo
b) To provide direction, support, and alignment
Q4) c) To discourage employee involvement 2
d) D) To limit transparency regarding strategic initiatives
Strategy execution requires:
a) Isolating departments within the organization
b) Close coordination among various organizational functions
Q5) c) Maintaining silos and barriers to communication 1
d) D) Ignoring feedback from stakeholders
What is the relationship between strategy and structure?
a) There is no relationship between strategy and structure
b) Structure is determined solely by internal factors
Q6) c) Strategy influences organizational structure, and structure affects strategy implementation 2
d) D) Structure dictates strategy, and strategy has no impact on structure
Which organizational structure is characterized by clear hierarchy and centralized decision-
making?
Q7) a) Matrix structure 1
b) Functional structure
c) Network structure
d) D) Divisional structure
How does an organization's structure affect its ability to implement strategies?
a) It has no impact on strategy implementation
b) It can facilitate or hinder communication, coordination, and decision-making
Q8) 2
c) It limits the need for resource allocation
d) D) It encourages siloed behavior among employees
In the below mentioned questions: the statements may have more than one correct BL
option(s):
[B]
Q9) What are essential components of activating strategies within an organization? 2
a) Effective communication
b) Resource allocation
c) Employee empowerment
d) D) Resistance to change

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 How does organizational structure influence strategy activation?
a) It facilitates communication and coordination
Q10) b) It can create barriers to change 2
c) It determines the pace of strategy implementation
d) D) It limits employee involvement

REFERENCES:

TEXT BOOKS:
Ref. Authors Book Title Publisher/Press Edition &Year of No. of Books
[ID] Publication Available in Library
,Strategic 3RD,,2004
[T1] V.S.P.Rao ,Excel Books
management, 15
Strategic 10
[T2] Nag Management -Text Vikas Publication, 1ST, 2011
and cases
.
REFERENCE BOOKS:
Ref. Edition &Year of
Authors Book Title Publisher/Press
[ID] Publication
Strategic 15
[R1] C.B. Gupta Management -Text Oxford 1st, 2014
and cases
.
ONLINE/DIGITALREFERENCES:
Ref.
Source Name Source Hyperlink
[ID]
Introduction of
[D1] Strategic https://managementstudyguide.com/strategic-management.htm
Management

Signature of Faculty: Signature of HOD:

25/03/2023 25/03/2023

…………………. X………………….

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