You are on page 1of 9

BUSINESS STRATEGY

QUIZ
Question 1: MCQ
Strategy is all about integrating organizational _____ and_____the
scare resources within the organizational environment so as to meet
the present objectives.

1. Activities; Utilizing and allocating


2. Work; allocating
3. Resources; utilizing
Question 2: Fill in the Blank
Strategy is a well defined _____of an organisation

Question 3: True or False


The word strategy comes from the ancient Greek word Strategos
Question 4: MCQ
_____statements are”enduring statements of purpose that distinguish
one business from other similar firms. A_____statement identifies the
scope of a firm’s operations in product and market terms

A. Vision
B. Mission
Question 5: MCQ
Which strategy will be used by an organisation that is in more than
one line of business?

A. Business level
B. Operating level
C. Corporate level
D. None of the above
Question 6: MCQ
Strategy reflects in organisation’s_____for achieving company’s goal

A. Strategies
B. Policies
C. Procedures
Question 7: Short answer
What are the different level of strategies?

Question 8: MCQ
Microsoft’s____is to help people and businesses throughout the world
to realise their full potential.

A. Vision
B. Mission
Question 9: MCQ

Which level is responsible for developing strategies?

A. Top management
B. Middle management
C. Lower management
Question 10: MCQ
A strategy is a company's ____

A. Value statement

B. Long term goal

C. Pricing policy

You might also like