scd - strategic management

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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 strategies Product formulated 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

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Solved Assignment Question and answers for 3rd Semester Subject only for specialization in International Finance Students...Regards, Manish Garg

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Page 1: SCD - Strategic  Management

  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 FollowingQuestion 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 FollowingQuestion 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 strategies

Product formulated

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

 

Page 2: SCD - Strategic  Management

  Correct Answer   mission

  Your Answer   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

 

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

  Correct Answer   True

  Your Answer   True

 

 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   Retrenchment strategy means

  Correct Answer   contraction of business activities

  Your Answer   contraction of business activities

 

 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

 

 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   The actual performance matches the budgeted performance. This is a realistic situation.

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Multiple Answer  Question   market research is conducted by

  Correct Answer   by employees , by research agencies , by consultants

Page 3: SCD - Strategic  Management

  Your Answer   by employees , by research agencies , by consultants

 

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

  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.

 

 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   Options

 

 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

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   True

 

 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 Multiple Answer  Question   Measures to take corrective action

  Correct Answer   Checking performance , Reformulate strategies , Standard check

  Your Answer   Checking performance , Formulate plans , Standard check

Page 4: SCD - Strategic  Management

 

 Multiple Choice Multiple Answer  Question   Critical resources in the emerging information age are

  Correct Answer   Intelligence , Information , Expertise

  Your Answer   Information , Expertise , Intelligence

 

 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   ________ relationships are effective in communicating complex information

  Correct Answer   Personal

  Your Answer   Personal

 

 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 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   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   Export entry modes are

  Correct Answer   direct/indirect export

  Your Answer   direct/indirect export

 

 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   Class

 

 Multiple Choice Multiple Answer

Page 5: SCD - Strategic  Management

  Question   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Myths

 

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

  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 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

 

 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

 

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

  Correct Answer   Traditional

  Your Answer   Mathematical

 

 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   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Resources

 

 Multiple Choice Multiple Answer  Question   Limitations of Traditional cost accounting are

Page 6: SCD - Strategic  Management

  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

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   SWOT analysis

 

 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 , research specialist

 

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

  Correct Answer   Systems

  Your Answer   Statistical quality control

 

 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   Board of directors

 

 Select The Blank  Question   In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.

  Correct Answer   Delegation

  Your Answer   Direction

 

 Multiple Choice Single Answer  Question   Associated external agencies means

  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

  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 of the firm

is

  Correct Answer   Capital structure planning

Page 7: SCD - Strategic  Management

  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

 

 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

Page 8: SCD - Strategic  Management

  Question   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   inherent inadequacy of organization

 

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

 

 Match The FollowingQuestion Correct Answer Your Answer

Comparative analysis is historical analysis value chain analysis

Benchmarking is competitive analysis historical analysis

Michael Hammer & James Chapy Reengineering competitive analysis

GDP stands for gross domestic product gross domestic product

 

 Multiple Choice Single Answer  Question   Core purpose

  Correct Answer   mission

  Your Answer   mission

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

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

  Correct Answer   True

  Your Answer   True

Page 9: SCD - Strategic  Management

 

 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   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

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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   Expansion strategy means

  Correct Answer   growth

  Your Answer   growth

 

 Multiple Choice Multiple Answer  Question   supplier & technological environment is concerned with

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

  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   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

 

 True/False

Page 10: SCD - Strategic  Management

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

  Correct Answer   True

  Your Answer   True

 

 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

 

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

  Correct Answer   False

  Your Answer   False

 

 Match The FollowingQuestion 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

Procedures Are 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   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

 

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

  Correct Answer   True

  Your Answer   False

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   internal analysis

 

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

  Correct Answer   vertical ( forward )

  Your Answer   vertical ( forward )

Page 11: SCD - Strategic  Management

 

 Select The Blank  Question   Economics of scale requires ________.

  Correct Answer   high market share

  Your Answer   high market share

 

 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   Modern Accounting uses ________ as a unit of measure

  Correct Answer   Time

  Your Answer   Time

 

 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   Export entry modes are

  Correct Answer   direct/indirect export

  Your Answer   direct/indirect export

 

 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 determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Multiple Answer

Page 12: SCD - Strategic  Management

  Question   The Hallmarks for self-regulation are

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

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

 

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

  Correct Answer   True

  Your Answer   True

 

 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 Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation

  Your Answer   Control mechanism , Departmentalisation

  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

 

Page 13: SCD - Strategic  Management

  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 FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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

 

Page 14: SCD - Strategic  Management

  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

  Correct Answer   Top Management

  Your Answer   Top Management

 

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

  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

 

 Multiple Choice Multiple Answer  Question   Money is invested by way of

  Correct Answer   Debt , Equity

  Your Answer   Debt , Equity , Return

Page 15: SCD - Strategic  Management

 

 Multiple Choice Multiple Answer  Question   Macro environment

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

  Your Answer   socio-cultural , economic-demographic , technology

 

 Multiple Choice Single Answer  Question   Horizontal integration is concerned with

  Correct Answer   product lines

  Your Answer   product lines

 

 Select The Blank  Question   Module of Flotilla strikes an optimum balance of ________ and flexibility

  Correct Answer   Standardisation

  Your Answer   Standardisation

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   product performance analysis

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

 

 Multiple Choice Multiple Answer  Question   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Rites , Rituals , Style

  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   Various phases of Growth are

  Correct Answer   Creativity , Delegation , Co-ordination

  Your Answer   Creativity , Delegation , Co-ordination

 

 Select The Blank

Page 16: SCD - Strategic  Management

  Question   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   general agreement on trade & tariff

 

 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   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

 

 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 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 FollowingQuestion Correct Answer Your Answer

Page 17: SCD - Strategic  Management

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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

 

 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 , local model

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 Match The FollowingQuestion 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

 

 Multiple Choice Single Answer  Question   It is used extensively in organisation and is concerned with action or performance

  Correct Answer   Operational control

  Your Answer   Operational control

 

 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   Changes in company structure also necessitates changes in the systems in various degrees

  Correct Answer   True

Page 18: SCD - Strategic  Management

  Your Answer   True

 

 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 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

 

 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   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 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   An approach that strives to follow ethical principles and percepts is

  Correct Answer   Moral management

  Your Answer   Moral management

 

 Select The Blank  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   IR, OB

 

 Multiple Choice Single Answer  Question   Expansion strategy means

  Correct Answer   growth

  Your Answer   growth

Page 19: SCD - Strategic  Management

 

  Question   Critical resources in the emerging information age are

  Correct Answer   Information , Expertise , Intelligence

  Your Answer   Capital , Information , Expertise

 

 Multiple Choice Single Answer  Question   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

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

  Correct Answer   True

  Your Answer   True

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 FollowingQuestion Correct Answer Your AnswerTurnaround StrategiesRetrenchments - either internally or externally Retrenchments - either internally or externallyRetrenchment 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 businessDivestment 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

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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

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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

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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 FollowingQuestion Correct Answer Your AnswerPrograms Combination of goals, policies, rules Combination of goals, policies, rulesPolicies General statements and understanding which, guide thinking in decision-making General statements and understanding which, guide thinking in decision-makingProceduresAre plans and a guide to action Are plans and a guide to actionRules 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

 

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  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

  Correct Answer   Moral management

  Your Answer   Moral management

 

 Select The Blank  Question   Economics of scale requires ________.

  Correct Answer   high market share

  Your Answer   specialization

 

 Match The FollowingQuestion 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   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   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

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

  Correct Answer   familiarity

  Your Answer   familiarity

 

 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   Export entry modes are

  Correct Answer   direct/indirect export

  Your Answer   direct/indirect export

 

 Select The Blank  Question   Strategic evaluation determines the effectiveness of ________

  Correct Answer   Strategy

  Your Answer   Strategy

 

 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 Single Answer  Question   Core purpose

  Correct Answer   mission

  Your Answer   mission

 

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

  Correct Answer   vision

  Your Answer   mission

 

 Multiple Choice Single Answer  Question   Strategic management is concerned with

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  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 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   market research is conducted by

  Correct Answer   by employees , by research agencies , by consultants

  Your Answer   by employees , by research agencies , by consultants

 

 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

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   internal analysis

 

 Select The Blank  Question   Delay in ________ measurement defeats the purpose of evaluation.

  Correct Answer   Time

  Your Answer   Time

 

 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

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  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

  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

 

 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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   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 Multiple Answer  Question   Organizational models are

  Correct Answer   multinational model , international model , global organizational model

  Your Answer   multinational model , international model , global organizational model

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 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 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 FollowingQuestion 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 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 , sharing competence of each other , monopoly of one company

 

 Multiple Choice Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 Multiple Choice Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation

  Your Answer   Control mechanism , Departmentalisation , Specialisation

 

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

  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

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  Your Answer   Operational level systems

 

 Multiple Choice Single Answer  Question   Corporate strategy ensures

  Correct Answer   fit between the firm and its environment

  Your Answer   Easy availability of resources

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 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 FollowingQuestion 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.

 

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BHAG big headed audacious goals big headed audacious goals

 

 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

 

 Select The Blank  Question   Bajaj started manufacturing of sunny is an example of ________.

  Correct Answer   concentration strategy

  Your Answer   expansion strategy

 

 Multiple Choice Multiple Answer  Question   Business is rated on which dimensions

  Correct Answer   Market attractiveness , Business strength

  Your Answer   Market attractiveness , Profit margin , Competition level

 

 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   A pictorial depiction of various outcomes of a decision is

  Correct Answer   decision tree

  Your Answer   decision tree

 

 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 deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 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

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 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   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   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 Select The Blank  Question   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   general agreement on trade & tariff

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   familiarity

  Your Answer   familiarity

 

 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   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

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  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   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   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   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   An unhealthy portfolio has

  Correct Answer   More dogs , Few stars

  Your Answer   More dogs , Few stars

 

 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   Scheduling is a part of strategic management.

  Correct Answer   False

  Your Answer   True

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

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

Page 33: SCD - Strategic  Management

  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

 

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

  Correct Answer   True

  Your Answer   True

 

 Multiple Choice Single Answer  Question   Contractual entry modes are

  Correct Answer   licensing / franchising

  Your Answer   licensing / franchising

 

 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   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Resources , Expertise

 

 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 , Division of labour , Departmentalisation

 

 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

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  Your Answer   Top Management

 

 Multiple Choice Multiple Answer  Question   Core ideology

  Correct Answer   core values , core purpose

  Your Answer   core values , core purpose

 

 Multiple Choice Single Answer  Question   An approach that strives to follow ethical principles and percepts is

  Correct Answer   Moral management

  Your Answer   Moral management

 

 Select The Blank  Question   ________ relationships are effective in communicating complex information

  Correct Answer   Personal

  Your Answer   Informal

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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

 

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

  Correct Answer   False

  Your Answer   False

 

 Select The Blank  Question   Modern Accounting uses ________ as a unit of measure

  Correct Answer   Time

  Your Answer   Time

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

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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

Page 36: SCD - Strategic  Management

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

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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

 

Page 38: SCD - Strategic  Management

 

 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

  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

 

 Multiple Choice Multiple Answer

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  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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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   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 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   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 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   analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative. , dividing environment into sectors , sub factors

 

 Match The FollowingQuestion 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.

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 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 , sharing competence of each other , monopoly of one company

 

 Multiple Choice Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 Multiple Choice Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation

  Your Answer   Control mechanism , Departmentalisation , Specialisation

 

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

  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   Corporate strategy ensures

  Correct Answer   fit between the firm and its environment

  Your Answer   Easy availability of resources

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

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  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 FollowingQuestion 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 benefit.

two or more entities join hands for mutual benefit.

 

 Multiple Choice Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 Select The Blank  Question   Delay in ________ measurement defeats the purpose of evaluation.

  Correct Answer   Time

  Your Answer   Time

 

 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

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

  Correct Answer   Traditional

  Your Answer   Traditional

 

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

  Correct Answer   False

  Your Answer   True

 

 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   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   Implementation evaluation

 

 Multiple Choice Single Answer  Question   Corporate strategy ensures

  Correct Answer   fit between the firm and its environment

  Your Answer   Easy availability of resources

 

 Multiple Choice Single Answer  Question   Core purpose

  Correct Answer   mission

  Your Answer   mission

 

 Multiple Choice Single Answer  Question   CAP related to internal appraisal of firm stands for

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  Correct Answer   competitive advantage profile

  Your Answer   competitive advantage profile

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Mission

  Correct Answer   philosophy, public image

  Your Answer   philosophy, public image

 

 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   Budgets are plans expressed in numerical terms usually in financial terms

  Correct Answer   True

  Your Answer   True

 

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

  Correct Answer   Psychologists

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  Your Answer   Psychologists

 

 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

 

 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   Associated external agencies means

  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

 

 Match The FollowingQuestion Correct Answer Your Answer

Benchmarking is competitive analysis historical analysis

Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

Comparative analysis is historical analysis competitive analysis

 

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

  Correct Answer   False

  Your Answer   False

 

 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   Knowledge of the relationships between choices, environment & outcomes is

  Correct Answer   familiarity

  Your Answer   familiarity

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

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  Correct Answer   Top Management

  Your Answer   Top Management

 

 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

 

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

  Correct Answer   Strategic business Units

  Your Answer   Strategic business Units

 

 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   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation

  Your Answer   Control mechanism , Departmentalisation , Specialisation

 

 Multiple Choice Multiple Answer  Question   Factors determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

 Multiple Choice Single Answer  Question   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 Select The Blank  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

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  Your Answer   IR, OB

 

 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   Contractual entry modes are

  Correct Answer   licensing / franchising

  Your Answer   licensing / franchising

 

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

  Correct Answer   False

  Your Answer   False

 

 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

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

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 Match The FollowingQuestion 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

 

 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   Attack strategies are

  Correct Answer   frontal attack , flank attack , encirclement attack

  Your Answer   frontal attack , flank attack , encirclement attack

  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

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

 

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

  Correct Answer   True

  Your Answer   True

 

 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 Multiple Answer  Question   Macro environment

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

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

 

 Multiple Choice Multiple Answer  Question   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

 Select The Blank  Question   Displacing competitor is ________ category of goal.

  Correct Answer   common enemy

  Your Answer   common enemy

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

  Correct Answer   False

  Your Answer   False

  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

 

 Select The Blank  Question   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   global agreement on trade & taxes

 

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 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   Investment entry mode are

  Correct Answer   joint venture/independent ventures/subsidiaries

  Your Answer   joint venture/independent ventures/subsidiaries

 

 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   The Hallmarks for self-regulation are

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

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

 

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

  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 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   Make or buy decision is related with ________strategy.

  Correct Answer   vertical ( backward ) integration

  Your Answer   vertical ( backward ) integration

 

 Multiple Choice Single Answer  Question   General Electric Matrix is divided into how many cells

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  Correct Answer   9

  Your Answer   9

 

 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   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   Denominator management

  Correct Answer   cost reduction

  Your Answer   cost reduction

  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   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   internal analysis

 

 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

 

 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

 

 True/False  Question   Companies have strenghts in a number of areas but their key strength are few in number

  Correct Answer   True

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  Your Answer   True

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Horizontal integration is concerned with

  Correct Answer   product lines

  Your Answer   product lines

 

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

  Correct Answer   True

  Your Answer   True

 

 Multiple Choice Single Answer  Question   Mass media includes

  Correct Answer   radio, TV, internet etc.

  Your Answer   radio, TV, internet etc.

 

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

  Correct Answer   True

  Your Answer   False

 

 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   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in external environment.

 

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 Match The FollowingQuestion 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   Organizational models are

  Correct Answer   multinational model , international model , global organizational model

  Your Answer   multinational model , international model , global organizational model

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

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  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

  Correct Answer   Strategies , Resources

  Your Answer   Strategies , Resources , Competence

 

 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   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   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

  Your Answer   Dogs , Question marks

 

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

  Correct Answer   False

  Your Answer   False

 

 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

 

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 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   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

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

  Correct Answer   Chief executive

  Your Answer   External auditor

 

 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   Getting new users is a position defense strategy.

  Correct Answer   False

  Your Answer   False

 

 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   Taxation planning

 

 Match The FollowingQuestion Correct Answer Your Answer

Board of Directors Link between company & external environment Link between company & external environment

Profit centers S.B.U. s S.B.U. s

S.B.U.s are more focused on their Product line/business Product line/business

Manufacturing strategy Productivity Productivity

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

  Correct Answer   False

  Your Answer   True

 

 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   ________ 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   Money is invested by way of

  Correct Answer   Debt , Equity

  Your Answer   Debt , Risk , Equity

 

 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 FollowingQuestion Correct Answer Your Answer

4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion

Sources of funds Factor leading to financial capability Factor leading to financial capability

The retrieval and usage of information Factor leading to Information Management Capability

Factor leading to Information Management Capability

The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability

 

 Multiple Choice Multiple Answer  Question   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Rites , Myths , Rituals

 

 Select The Blank  Question   In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.

  Correct Answer   Delegation

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  Your Answer   Delegation

 

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

  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   Business is rated on which dimensions

  Correct Answer   Market attractiveness , Business strength

  Your Answer   Market attractiveness , Business strength , Competition level

 

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

  Correct Answer   True

  Your Answer   True

 

 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 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 Single Answer  Question   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   inherent inadequacy of organization

 

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 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   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 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

  Select The Blank  Question   Control should involve________ amount of information.

  Correct Answer   Minimum

  Your Answer   Minimum

 

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

  Correct Answer   False

  Your Answer   True

 

 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

 

 Select The Blank  Question   Economics of scale requires ________.

  Correct Answer   high market share

  Your Answer   high market share

 

 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   They have time based utility

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  Correct Answer   Goals , Resources

  Your Answer   Employess , Resources

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

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  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

  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   True

  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   CAP related to internal appraisal of firm stands for

  Correct Answer   competitive advantage profile

  Your Answer   competitive advantage profile

  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 Single Answer  Question   Denominator management

  Correct Answer   cost reduction

  Your Answer   cost reduction

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

  Correct Answer   False

  Your Answer   True

  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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

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 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   product performance analysis

 

 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

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Co-operation

 

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

  Correct Answer   False

  Your Answer   True

 

 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   Scheduling is a part of strategic management.

  Correct Answer   False

  Your Answer   True

 

 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 Multiple Answer  Question   Attack strategies are

  Correct Answer   frontal attack , flank attack , encirclement attack

  Your Answer   frontal attack , flank attack , Enrichment attack

 

 Multiple Choice Multiple Answer

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  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 increase growth rates , to end rivalry between the two

 

 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

 

 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 Hallmarks for self-regulation are

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

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

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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

 

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

  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   False

 

 Select The Blank  Question   Modern Accounting uses ________ as a unit of measure

  Correct Answer   Time

  Your Answer   Possession

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 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

 

 True/False  Question   Divestiture is opposed to diversification.

  Correct Answer   False

  Your Answer   True

 

 Match The FollowingQuestion Correct Answer Your Answer

Marketing a product Mass segmentation Product formulated

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

Swot Analysis Matching, converting, minimizing & avoiding strategies

Availability of resources

Marketing strategy Life cycle considerations Product formulated

 

 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   policy framing

 

 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 , willingness of employees

 

 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 Multiple Answer  Question   An unhealthy portfolio has

  Correct Answer   More dogs , Few stars

  Your Answer   More dogs , Few stars

 

 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.

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

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   Leaders

  Your Answer   Inspectors

 

 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   The control process requires the following types of information

  Correct Answer   Planned performance , Variances , Reasons

  Your Answer   Planned performance , Variances , Motivation

 

 Select The Blank  Question   Strategic evaluation determines the effectiveness of ________

  Correct Answer   Strategy

  Your Answer   Strategy

 

 Multiple Choice Multiple Answer  Question   Various phases of Growth are

  Correct Answer   Creativity , Delegation , Co-ordination

  Your Answer   Creativity , Delegation , Co-ordination

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

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  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

  Your Answer   licensing / franchising

 

 Match The FollowingQuestion Correct Answer Your Answer

Executive summary Synopsis of marketing plan Synopsis of marketing plan

Line Managers Responsibility Ensuring Implementation of marketing actions Taking decisions regarding efficient and effective allocation of resources

Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes

Top level Executives Taking decisions regarding efficient and effective allocation of resources

Marketing goals

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 Multiple Choice Single Answer  Question   General Electric Matrix is divided into how many cells

  Correct Answer   9

  Your Answer   4

 

 Match The FollowingQuestion Correct Answer Your Answer

Comparative analysis is historical analysis value chain analysis

Benchmarking is competitive analysis competitive analysis

Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

 

 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 , Encourage excessive competition

 

 Multiple Choice Multiple Answer  Question   These following factors determine the desire of risk

  Correct Answer   Strategies , Resources

  Your Answer   Resources , Competence , Time , Strategies

 

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

  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

 

 Multiple Choice Multiple Answer  Question   Factors determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

 Multiple Choice Single Answer  Question   Core purpose

  Correct Answer   mission

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  Your Answer   mission

 

 Multiple Choice Single Answer  Question   Mission

  Correct Answer   philosophy, public image

  Your Answer   target

 

 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   Displacing competitor is ________ category of goal.

  Correct Answer   common enemy

  Your Answer   competitive

 

 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   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 Multiple Answer  Question   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , corporate 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 , Inner Model

 

 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

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 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   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   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   SWOT analysis

 

 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   Retrenchment strategy means

  Correct Answer   contraction of business activities

  Your Answer   contraction of business activities

 

 Multiple Choice Single Answer  Question   It indicates the degree of differentiation

  Correct Answer   Structure

  Your Answer   Style

 

 Select The Blank  Question   Bajaj started manufacturing of sunny is an example of ________.

  Correct Answer   concentration strategy

  Your Answer   global strategy

 

 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   The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect

Page 68: SCD - Strategic  Management

it."

  Correct Answer   True

  Your Answer   True

 

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

  Correct Answer   False

  Your Answer   False

 

 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

 

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

  Correct Answer   False

  Your Answer   True

 

 Multiple Choice Single Answer  Question   Empower people through great software anytime , any place, on any device'- Microsoft

  Correct Answer   vision

  Your Answer   policy

 

 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   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

  Your Answer   Question marks , Stars , Cash cowsCash cowsc

 

 Multiple Choice Single Answer  Question   The tool used for decision making in 'A range of futures' scenario is

  Correct Answer   Technology forecasting

  Your Answer   Analogies and pattern recognition

 

 Multiple Choice Multiple Answer  Question   A Company's strategy

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  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

 

 Select The Blank  Question   ________ relationships are effective in communicating complex information

  Correct Answer   Personal

  Your Answer   Formal

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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   Under functional strategics we have vertical fit & horizontal fit.

  Correct Answer   True

  Your Answer   True

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 FollowingQuestion Correct Answer Your Answer

Maintain strategy stable environment diversification

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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 FollowingQuestion 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 strategies

Product formulated

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

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

  Correct Answer   True

  Your Answer   True

 

 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

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  Question   Retrenchment strategy means

  Correct Answer   contraction of business activities

  Your Answer   contraction of business activities

 

 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

 

 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   The actual performance matches the budgeted performance. This is a realistic situation.

  Correct Answer   False

  Your Answer   False

 

 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   Excelling in one market guarantees success in a new.

  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.

 

 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   Options

 

 Multiple Choice Multiple Answer  Question   The various models of social responsibility are

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  Correct Answer   Austere Model , Vendors Model , Civic Model

  Your Answer   Austere Model , Vendors Model , Civic Model

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   True

 

 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 Multiple Answer  Question   Measures to take corrective action

  Correct Answer   Checking performance , Reformulate strategies , Standard check

  Your Answer   Checking performance , Formulate plans , Standard check

 

 Multiple Choice Multiple Answer  Question   Critical resources in the emerging information age are

  Correct Answer   Intelligence , Information , Expertise

  Your Answer   Information , Expertise , Intelligence

 

 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   ________ relationships are effective in communicating complex information

  Correct Answer   Personal

  Your Answer   Personal

 

 True/False  Question   The key principle of moral management is "Can we make money with this action decision or behaviour"?

  Correct Answer   False

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  Your Answer   False

 

 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   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   Export entry modes are

  Correct Answer   direct/indirect export

  Your Answer   direct/indirect export

 

 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   Class

 

 Multiple Choice Multiple Answer  Question   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Myths

 

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

  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 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

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 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

 

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

  Correct Answer   Traditional

  Your Answer   Mathematical

 

 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   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Resources

 

 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

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   SWOT analysis

 

 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 , research specialist

 

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

  Correct Answer   Systems

  Your Answer   Statistical quality control

 

 Multiple Choice Single Answer

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

  Correct Answer   Chief executive

  Your Answer   Board of directors

 

 Select The Blank  Question   In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.

  Correct Answer   Delegation

  Your Answer   Direction

 

 Multiple Choice Single Answer  Question   Associated external agencies means

  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

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.

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  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.

  Your Answer   newspapers, magazines, journals etc.

 

 Match The FollowingQuestion Correct Answer Your Answer

Sources of funds Factor leading to financial capability Product, Price, Place, Process

The retrieval and usage of information Factor leading to Information Management Capability

Factor leading to Personnel Capability

The Personnel System Factor leading to Personnel Capability Product, Price, Place, Promotion

4 Ps are Product, Price, Place, Promotion Value chain analysis

 

 Multiple Choice Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation

  Your Answer   Forecasting , Control mechanism , Departmentalisation , Specialisation

 

 Match The FollowingQuestion Correct Answer Your Answer

Policies General statements and understanding which, guide thinking in decision-making

Combination of goals, policies, rules

Procedures Are plans and a guide to action General statements and understanding which, guide thinking in decision-making

Rules Spell out specific action or non-action Are plans and a guide to action

Programs Combination of goals, policies, rules Is a statement of expected resultsin numbers

 

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

  Correct Answer   Labour

  Your Answer   Infrastructure

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 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   Niche marketing means

  Correct Answer   end user specialist , specific customer specialist , geographic specialist

  Your Answer   end user specialist , specific customer specialist , geographic specialist , research specialist

  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

 

 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   True

 

 Multiple Choice Multiple Answer  Question   An unhealthy portfolio has

  Correct Answer   More dogs , Few stars

  Your Answer   More dogs , Less dogs , Few stars , More stars

 

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

  Correct Answer   False

  Your Answer   True

 

 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 , Instantly spots malfunctions and show where they occur

 

 Multiple Choice Single Answer  Question   Expansion strategy means

  Correct Answer   growth

  Your Answer   career development

 

 Multiple Choice Multiple Answer

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  Question   These following factors determine the desire of risk

  Correct Answer   Strategies , Resources

  Your Answer   Strategies , Resources , Competence , Time

 

 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   The actual performance matches the budgeted performance. This is a realistic situation.

  Correct Answer   False

  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 rivals , by consultants

 

 Select The Blank  Question   Modern Accounting uses ________ as a unit of measure

  Correct Answer   Time

  Your Answer   Possession

 

 True/False  Question   Divestiture is opposed to diversification.

  Correct Answer   False

  Your Answer   True

 

 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   Secondary sources of information are

  Correct Answer   newspapers, magazines, journals etc.

  Your Answer   newspapers, magazines, journals etc.

 

 Multiple Choice Single Answer  Question   At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy

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  Correct Answer   Operational evaluation

  Your Answer   Operational evaluation

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   product performance analysis

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 Select The Blank  Question   Bajaj started manufacturing of sunny is an example of ________.

  Correct Answer   concentration strategy

  Your Answer   concentration strategy

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

  Correct Answer   False

  Your Answer   True

 

 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   Knowledge of the relationships between choices, environment & outcomes is

  Correct Answer   familiarity

  Your Answer   familiarity

 

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

 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

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  Your Answer   top management

  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 , internal inadequacies

 

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

  Correct Answer   Leaders

  Your Answer   Subordinates

 

 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

 

 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   Options

 

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

  Correct Answer   False

  Your Answer   True

 

 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 , impact of organization on each sector , trends and rate of change of technology

 

 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   Operational evaluation

  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

 

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 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- drive

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

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and organisational implications  Correct Answer   Board of director

  Your Answer   Board of director

 

 Multiple Choice Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 Multiple Choice Multiple Answer  Question   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

 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

 

 Match The FollowingQuestion 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

 

 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   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-discipline

 

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

  Correct Answer   True

  Your Answer   True

 

 Multiple Choice Multiple Answer

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  Question   Principles to manage strategic alliances are

  Correct Answer   clarity in strategy & responsibilities , blending cultures , provide for an exit strategy

  Your Answer   blending cultures , provide for an exit strategy , clarity in strategy & responsibilities

 

 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   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   ________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   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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Match The FollowingQuestion Correct Answer Your Answer

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.

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.

 

 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

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

  Correct Answer   False

  Your Answer   False

 

 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

 

 Select The Blank  Question   Control should involve________ amount of information.

  Correct Answer   Minimum

  Your Answer   Minimum

 

 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   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.

 

 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   ________ identifies the impact of any change on performance

  Correct Answer   Statistical quality control

  Your Answer   Statistical quality control

 

 Select The Blank

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  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   The tool used for future decision making in 'True Ambiguity' scenario is

  Correct Answer   Non-linear dynamic model

  Your Answer   Technology forecasting

 

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

  Correct Answer   False

  Your Answer   False

 

 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.

 

 True/False  Question   All policies are 'statements'

  Correct Answer   False

  Your Answer   True

 

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

  Correct Answer   Premise control

  Your Answer   Premise control

 

 True/False  Question   Style of a company are the patterns of actions taken by members of top management over a period of time

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  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

 

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

  Correct Answer   Business

  Your Answer   Business

 

 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   Business ethics is how personal norms do not apply to activities & goals of a commercial firm.

  Correct Answer   False

  Your Answer   False

 

 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

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

  Correct Answer   Audit committee

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  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

  Your Answer   direct/indirect export

 

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 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

  Match The FollowingQuestion Correct Answer Your Answer

Role of consultants Hired for specialized for new business or expertise

Link between company & external environment

Role of Chief Executive Officer Responsible right from formulation / implementation to review of strategic management

Responsible right from formulation / implementation to review of strategic management

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

Important link between strategizing & implementation

 

 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 Hallmarks for self-regulation are

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

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

 

 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   Delay in ________ measurement defeats the purpose of evaluation.

  Correct Answer   Time

  Your Answer   Time

  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   It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections &

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departments

  Correct Answer   departmentation

  Your Answer   departmentation

 

 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 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

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Market follower are Imitator Imitator

 

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

  Correct Answer   False

  Your Answer   False

  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   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   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

  Multiple Choice Single Answer

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  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

 

 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

  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   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 Multiple Answer  Question   Various phases of Growth are

  Correct Answer   Creativity , Delegation , Co-ordination

  Your Answer   Creativity , Delegation , Co-ordination

  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 , corporate strategy

 

 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

Page 91: SCD - Strategic  Management

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

  Correct Answer   Capital

  Your Answer   Capital

  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

 

 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   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   general agreement on trade & tariff

 

 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

  Multiple Choice Single Answer  Question   Core purpose

  Correct Answer   mission

  Your Answer   mission

 

 Multiple Choice Single Answer  Question   CAP related to internal appraisal of firm stands for

  Correct Answer   competitive advantage profile

  Your Answer   competitive advantage profile

  True/False

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

  Correct Answer   Strategic evaluation

  Your Answer   Strategic evaluation

  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   In SWOT , S stands for

  Correct Answer   favorable condition in the organization's environment.

  Your Answer   favorable condition in the organization's environment.

 

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

  Correct Answer   False

  Your Answer   False

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

  Correct Answer   False

  Your Answer   False

 

 Match The FollowingQuestion 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

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 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

 

 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   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   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

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  Question   HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.

  Correct Answer   False

  Your Answer   False

 

 Select The Blank  Question   Make or buy decision is related with ________strategy.

  Correct Answer   vertical ( backward ) integration

  Your Answer   vertical ( backward ) integration

 

 Match The FollowingQuestion 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 historical analysis

 

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

  Correct Answer   False

  Your Answer   False

 

 Select The Blank  Question   Strategic evaluation determines the effectiveness of ________

  Correct Answer   Strategy

  Your Answer   Strategy

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 Multiple Choice Single Answer  Question   This strategic posture plays a leadership role in establishing how the industry operates

  Correct Answer   Shapers

  Your Answer   Adapters

 

 Multiple Choice Single Answer  Question   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

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

  Correct Answer   False

  Your Answer   False

 

 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 mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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

 

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

  Correct Answer   True

  Your Answer   True

 

 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   Changes in company structure also necessitates changes in the systems in various degrees

  Correct Answer   True

  Your Answer   True

 

 Select The Blank  Question   Displacing competitor is ________ category of goal.

  Correct Answer   common enemy

  Your Answer   competitive

 

 Multiple Choice Multiple Answer

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  Question   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

 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

 

 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

 

 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 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

 

 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 Multiple Answer  Question   Attack strategies are

  Correct Answer   frontal attack , flank attack , encirclement attack

  Your Answer   frontal attack , flank attack , encirclement attack

 

 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   Secondary sources of information are

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  Correct Answer   newspapers, magazines, journals etc.

  Your Answer   newspapers, magazines, journals etc.

 

 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

 

 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

 

 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   Reciprocal responsibility means equal blames and credit.

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Export entry modes are

  Correct Answer   direct/indirect export

  Your Answer   direct/indirect export

 

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

  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

 

 Multiple Choice Single Answer  Question   Associated external agencies means

  Correct Answer   channel members, customers, suppliers etc.

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  Your Answer   channel members, customers, suppliers etc.

 

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

  Correct Answer   Strategic business Units

  Your Answer   Strategic business Units

 

 Multiple Choice Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

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

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 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 FollowingQuestion 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

 

 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   Reserve the right to play

 

 Multiple Choice Multiple Answer  Question   Core ideology

  Correct Answer   core values , core purpose

  Your Answer   core values , core purpose , ideas and suggestions

 

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

  Correct Answer   True

  Your Answer   True

  Select The Blank  Question   Control should involve________ amount of information.

  Correct Answer   Minimum

  Your Answer   Minimum

 

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

  Correct Answer   internal transformation

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  Your Answer   specialization

 

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

  Correct Answer   Systems

  Your Answer   Systems

 

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

  Correct Answer   True

  Your Answer   True

  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   Investment entry mode are

  Correct Answer   joint venture/independent ventures/subsidiaries

  Your Answer   joint venture/independent ventures/subsidiaries

 

 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 , local model

 

 Match The FollowingQuestion Correct Answer Your Answer

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

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Fit SWOT analysis first intensive target

 

 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   Management

  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   All policies are 'statements'

  Correct Answer   False

  Your Answer   False

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

  Correct Answer   False

  Your Answer   True

  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 , Savings are in terms of time saved

 

 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   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   general agreement on trade & tariff

 

 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   Strategic surveillance

 

 Multiple Choice Single Answer

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  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   Macro environment

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

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

 

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

  Correct Answer   False

  Your Answer   True

  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   Systems are formal and informal rules and regulations that complements the company structure

  Correct Answer   True

  Your Answer   True

 

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

  Correct Answer   Labour

  Your Answer   Fixed

 

 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   risk of business gets shared , sharing competence of each other

  Multiple Choice Multiple Answer  Question   Techniques used in environmental appraisal are

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  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

 

 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   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in external environment.

 

 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

 

 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 , Knowledge

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Multiple Answer  Question   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Employess , Resources

 

 Multiple Choice Multiple Answer  Question   Measures to take corrective action

  Correct Answer   Checking performance , Reformulate strategies , Standard check

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  Your Answer   Checking performance , Formulate plans , Reformulate strategies

 

 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.

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

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  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  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 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

 

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

  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 , import-export

 

 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   These people are charged with the responsibility of continuous screening of

performance?

  Correct Answer   Audit committee

  Your Answer   Audit committee

 

 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

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 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   The various models of social responsibility are

  Correct Answer   Vendors Model , Civic Model , Austere Model

  Your Answer   Civic Model , Austere Model , Vendors Model

 

 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   product performance analysis

 

 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

 

 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

 

 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

 

 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

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  Question   Displacing competitor is ________ category of goal.

  Correct Answer   common enemy

  Your Answer   competitive

 

 Multiple Choice Single Answer  Question   It indicates the degree of differentiation

  Correct Answer   Structure

  Your Answer   Structure

 

 Select The Blank  Question   Strategic evaluation determines the effectiveness of ________

  Correct Answer   Strategy

  Your Answer   Strategy

 

 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   Business is rated on which dimensions

  Correct Answer   Market attractiveness , Business strength

  Your Answer   Market attractiveness , Business strength , Competition level

 

 Multiple Choice Multiple Answer  Question   An unhealthy portfolio has

  Correct Answer   More dogs , Few stars

  Your Answer   More dogs , Few stars

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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   These people are primarily responsible for operating control based on budgeting,

reporting and financial analysis

  Correct Answer   Company secretary , Auditor , Financial controller

  Your Answer   Chartered accountant , Auditor , Financial controller

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 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

 

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

  Correct Answer   False

  Your Answer   True

 

 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   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   weakness of competitors

  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   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   ________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   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

 

 Match The Following

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Question Correct Answer Your Answer

Comparative analysis is historical analysis competitive analysis

Benchmarking is competitive analysis Reengineering

Michael Hammer & James Chapy Reengineering value chain analysis

GDP stands for gross domestic product gross domestic product

 

 Select The Blank  Question   Modern Accounting uses ________ as a unit of measure

  Correct Answer   Time

  Your Answer   Time

 

 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

 

 Select The Blank  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   PR

 

 Select The Blank  Question   ________ relationships are effective in communicating complex information

  Correct Answer   Personal

  Your Answer   Personal

 

 Multiple Choice Single Answer  Question   It refers to the relatively more durable company arrangements and relationships

  Correct Answer   Structure

  Your Answer   Structure

 

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

  Correct Answer   False

  Your Answer   False

 

 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

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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

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  Your Answer   False

 

 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   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   inherent inadequacy of organization

 

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

 

 Match The FollowingQuestion Correct Answer Your Answer

Comparative analysis is historical analysis value chain analysis

Benchmarking is competitive analysis historical analysis

Michael Hammer & James Chapy Reengineering competitive analysis

GDP stands for gross domestic product gross domestic product

 

 Multiple Choice Single Answer  Question   Core purpose

  Correct Answer   mission

  Your Answer   mission

 

 Select The Blank  Question   ETOP stands for ________.

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  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

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

  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

 

 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

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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   Expansion strategy means

  Correct Answer   growth

  Your Answer   growth

 

 Multiple Choice Multiple Answer  Question   supplier & technological environment is concerned with

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

  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.

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  Your Answer   radio, TV, internet etc.

 

 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

 

 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   HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine

hours.

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   False

 

 Match The FollowingQuestion 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

Procedures Are 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   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

 

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

  Correct Answer   True

  Your Answer   False

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

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  Correct Answer   internal analysis

  Your Answer   internal analysis

 

 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   Economics of scale requires ________.

  Correct Answer   high market share

  Your Answer   high market share

 

 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   Modern Accounting uses ________ as a unit of measure

  Correct Answer   Time

  Your Answer   Time

 

 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   Export entry modes are

  Correct Answer   direct/indirect export

  Your Answer   direct/indirect export

 

 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 determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

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  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

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

  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

 

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

  Correct Answer   True

  Your Answer   True

 

 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 Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation

  Your Answer   Control mechanism , Departmentalisation

SM assgn : Deepak

Multiple Choice Multiple AnswerAttack strategies are

Correct Answer   encirclement attack , frontal attack , flank attack

  Multiple Choice Multiple Answer Factors to be considered while deciding candidates for divestiture are

Correct Answer  Taxes, availability of buyers, market reaction

Select The BlankTitan going into setting their won retail outlets- this is ________ integration.

Correct Answer   vertical ( forward )

Multiple Choice Single AnswerVertical integration is concerned with

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Correct Answer  Supply chain

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

All policies are 'statements'Correct Answer  False

Match The FollowingCorrect Answer Your Answer

Ballast business Fit well but low opportunities Fit well but low opportunitiesDifference between desired and projected performance

Difference between desired and projected 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 priorityMultiple Choice Single Answer

This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments

Correct Answer  Reserve the right to play

Multiple Choice Single AnswerIt is the most important feature in the implementation of strategic management

Correct Answer  Leadership

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

Correct Answer  True

Multiple Choice Single AnswerThe tool used for decision making in 'A range of futures' scenario is

Correct Answer  Technology forecasting

Counterfeiter copy but with a difference that can be seen.

Correct Answer   False

Multiple Choice Single AnswerIt concentrates on organization design and work flow

Correct Answer   Flotilla

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

Correct Answer   True

Select The BlankValue chain analysis is an effective tool for ________.

Correct Answer   internal analysis

Multiple Choice Single AnswerEmpower people through great software anytime , any place, on any device'- Microsoft

Correct Answer   vision

Select The BlankEconomics of scale requires ________.

Correct Answer   high market share

Multiple Choice Multiple AnswerThese people are primarily responsible for operating control based on budgeting, reporting and financial analysis

Correct Answer   Company secretary , Auditor , Financial controller

Multiple Choice Multiple AnswerPerformance is affected by

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

Multiple Choice Single AnswerStrategic management is mainly the responsibility of

Correct Answer   Top Management

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Multiple Choice Multiple AnswerA Company's strategy

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

Multiple Choice Multiple AnswerDifferent kinds of information systems are

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

Select The Blank________ is seen as an integral process that converts materials into goods

Correct Answer   Systems

Multiple Choice Multiple AnswerTechniques used in environmental appraisal are

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

Multiple Choice Single AnswerThe traditional approach towards uncertainty is

Correct Answer   Binary

Macro environment has got immediate impact on business.Correct Answer   False

Select The Blank________ and greater accountability replace formal control.

Correct Answer   Self-discipline

Select The BlankA hardware manufacture enters into software is an example of ________integration.

Correct Answer   vertical ( forward )

Multiple Choice Single AnswerThe decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routines & can be done at a junior level are

Correct Answer   operational decisions

Style of a company are the patterns of actions taken by members of top management over a period of time

Correct Answer   True

Multiple Choice Multiple AnswerThree important managerial qualities required for the effective strategic management

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

Select The BlankBrush your teeth twice a day is an example of expanding the total market by________.

Correct Answer   more usage

Multiple Choice Multiple AnswerStrategic intent

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

Multiple Choice Single AnswerMass media includes

Correct Answer   radio, TV, internet etc.

Select The Blank________cost accounting measures the cost of producing and ignores the cost of non-producing

Correct Answer   Traditional

Multiple Choice Multiple AnswerMeasures to take corrective action

Correct Answer   Checking performance , Reformulate strategies , Standard check

Changes in company structure also necessitates changes in the systems in various degreesCorrect Answer   True

Multiple Choice Multiple AnswerCore ideology

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Correct Answer   core values , core purpose

Select The BlankTata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer   internal transformation

Select The BlankDisplacing competitor is ________ category of goal.

Correct Answer   common enemy

Match The FollowingCorrect Answer Your Answer

Top level Executives Taking decisions regarding efficient and effective allocation of resources

Marketing goals

Executive summary Synopsis of marketing plan Synopsis of marketing planLine Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions

Middle- level Managers Ensuring proper tactical changes Taking decisions regarding efficient and effective allocation of resources

The key principle of moral management is "Can we make money with this action decision or behaviour"?

Correct Answer   False

Multiple Choice Single AnswerAssociated external agencies means

Correct Answer   channel members, customers, suppliers etc.

Multiple Choice Multiple AnswerProgram is a combination of

Correct Answer   goals , policies , procedures

Select The BlankIn a ________ a decentralized structure is achieved & harmonized at the plant & area levels.

Correct Answer   Delegation

Budgets are plans expressed in numerical terms usually in financial terms

Correct Answer   True

Multiple Choice Single AnswerIt 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 surveillanceLIST OF ATTEMPTED QUESTIONS AND ANSWERS  

 

Multiple Choice Multiple AnswerMacro environment

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

Select The Blank________ identifies the impact of any change on performance

Correct Answer   Statistical quality control

True/FalseThree C's affecting today's companies are customer, competition & change

Correct Answer   True

True/FalseGetting new users is a position defense strategy.

Correct Answer   False

Select The BlankModule of Flotilla strikes an optimum balance of ________ and flexibility

Correct Answer   StandardizationSelect The Blank

Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.

Correct Answer   Co-ordination

True/FalseScheduling is a part of strategic management.

 

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Correct Answer   False

Multiple Choice Multiple AnswerCritical resources in the emerging information age are

Correct Answer   Information , Expertise , Intelligence

Multiple Choice Single AnswerMass media includes

Correct Answer   radio, TV, internet etc.

Match The FollowingCorrect Answer Your Answer

Sources of funds Factor leading to financial capability Product, Price, Place, ProcessThe retrieval and usage of information Factor leading to Information Management

CapabilityFactor leading to Personnel Capability

The Personnel System Factor leading to Personnel Capability Product, Price, Place, PromotionProduct, Price, Place, Promotion Value chain analysis

Multiple Choice Multiple AnswerHow does 'structure' reduce internal uncertainity arising out of human behaviour

Correct Answer   Control mechanism , Departmentalisation

 

Match The FollowingCorrect Answer Your Answer

General statements and understanding which, guide thinking in decision-making

Combination of goals, policies, rules

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 actionCombination of goals, policies, rules Is a statement of expected resultsin numbers

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

Correct Answer   Labour

Multiple Choice Single AnswerThe strategies which deal with the relative and restricted function for allocation of resources is

Correct Answer   Funcational streategies

Multiple Choice Multiple AnswerNiche marketing means

Correct Answer   end user specialist , specific customer specialist , geographic specialist

Multiple Choice Single AnswerCorporate strategy ensures

Correct Answer   fit between the firm and its environment

True/FalseUndec 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

Multiple Choice Multiple AnswerAn unhealthy portfolio has

Correct Answer   More dogs , Few stars

True/FalseArranging training program on productivity is a strategic decision.

Correct Answer   False

Multiple Choice Multiple AnswerWhat 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

Multiple Choice Single AnswerExpansion strategy means

Correct Answer   growth

Multiple Choice Multiple AnswerThese following factors determine the desire of risk

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Correct Answer   Strategies , Resources

Multiple Choice Single AnswerInvestment entry mode are

Correct Answer   joint venture/independent ventures/subsidiariesTrue/False

The actual performance matches the budgeted performance. This is a realistic situation.Correct Answer   False

Select The BlankModern Accounting uses ________ as a unit of measure

Correct Answer   Time

True/FalseDivestiture is opposed to diversification.

Correct Answer   False

True/FalseThe environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."

Correct Answer   True

Multiple Choice Single AnswerSecondary sources of information are

Correct Answer   newspapers, magazines, journals etc.

Multiple Choice Single AnswerAt this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy

Correct Answer   Operational evaluation

Select The BlankValue chain analysis is an effective tool for ________.

Correct Answer   internal analysis

Select The BlankCompanies employ trained ________ to develop "competency models" to identify potential leaders

Correct Answer   Psychologists

Select The BlankBajaj started manufacturing of sunny is an example of ________.

Correct Answer   concentration strategy

True/FalseEnvironmental competitiveness tends to encourage ethical behaviour.

Correct Answer   False

Multiple Choice Single AnswerW in SWOT stands for

Correct Answer   inherent inadequacy of organization

Multiple Choice Single AnswerKnowledge of the relationships between choices, environment & outcomes is

Correct Answer   familiarity

Multiple Choice Multiple AnswerThe 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.

Multiple Choice Single AnswerIt is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments

Correct Answer   departmentation

Multiple Choice Multiple AnswerFactors to be considered in political- legal environmental scanning are

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

Select The Blank________ should have the ability to develop a visionto see patterns into the future.

Correct Answer   Leaders

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

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Correct Answer   Strategic business Units

Multiple Choice Single AnswerThese are moves that will pay off irrespective of what happens in the future

Correct Answer   No-regret moves

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

Correct Answer   False

Multiple Choice Single AnswerAt this level , the effort is directed at assessing the consistency of strategy with the environment

Correct Answer   Strategic evaluation

Multiple Choice Multiple AnswerHow does 'structure' reduce external uncertainity arising out of human behaviour

Correct Answer   Research and planning , Forecasting

Select The Blank________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.

Correct Answer   Self-awareness

Multiple Choice Multiple Answermarket research is conducted by

Correct Answer   by consultants , by employees , by research agencies

Select The Blank________ is the drive to achieve beyond one's expectations

Correct Answer   Motivation

Match The FollowingCorrect Answer Your Answer

Environmental Analysis Social, Political, legal & technology Matching, converting, minimizing & avoiding strategies

Swot Analysis Matching, converting, minimizing & avoiding strategies Social, Political, legal & technology

Marketing strategy Life cycle considerations Product formulatedMarketing a product Mass segmentation Mass segmentation

 

Multiple Choice Single AnswerIt 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

Multiple Choice Multiple Answersupplier & technological environment is concerned with

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

Match The FollowingCorrect Answer Your Answer

Market follower are imitator imitatorMarket challenger are bypass attack diversificationTurnaround strategy V.R.S. bypass attackMaintain strategy stable environment stable environmentMultiple Choice Multiple Answer

The control process requires the following types of informationCorrect Answer   Planned performance , Variances , Reasons

Multiple Choice Multiple AnswerThe various models of social responsibility are

Correct Answer   Austere Model , Vendors Model , Civic Model

Select The Blank________ is the company's most critical and scarest resource.

Correct Answer   Capital

True/FalseScheduling is a part of strategic management.

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Correct Answer   False

Multiple Choice Multiple AnswerPrinciples to manage strategic alliances are

Correct Answer   clarity in strategy & responsibilities , blending cultures , provide for an exit strategy

True/FalseStaffing function applies to all company levels irrespective of levels of hierarchy

Correct Answer   True

True/FalseMacro environment has got immediate impact on business.

Correct Answer   False

Multiple Choice Multiple AnswerCriteria for making an evaluation are

Correct Answer   Consistency with goals , Consistency with environment , Money

True/FalseMicro environment is the internal environment of a company.

Correct Answer   False

Multiple Choice Multiple AnswerLimitations of Traditional cost accounting are

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

Select The BlankGATT stands for ________.

Correct Answer   general agreement on trade & tariff

Multiple Choice Single AnswerHorizontal integration is concerned with

Correct Answer   product lines

Select The BlankLike roots of a tree, ________of organization is hidden from direct view.

Correct Answer   core competence

Select The Blank________ 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

Select The BlankControl should involve________ amount of information.

Correct Answer   Minimum

Multiple Choice Single AnswerIn SWOT , S stands for

Correct Answer   favorable condition in the organization's environment.

Multiple Choice Multiple AnswerMerger takes place

Correct Answer   between a buyer and a seller , to avail tax concessions , to increase growth rates

Multiple Choice Multiple AnswerThe Hallmarks for self-regulation are

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

Multiple Choice Single AnswerAn approach that strives to follow ethical principles and percepts is

Correct Answer   Moral management

Multiple Choice Single AnswerThe tool used for decision making in ' The alternate futures ' scenario is

Correct Answer   Option Valuation model

True/FalseReciprocal responsibility means equal blames and credit.

Correct Answer   False

True/False

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Excelling in one market guarantees success in a new.

Correct Answer   False

Multiple Choice Single AnswerIt enables the strategists to take corrective action at the right time

Correct Answer   Premise control

Multiple Choice Single AnswerIt is used extensively in organisation and is concerned with action or performance

Correct Answer   Operational control

Select The Blank________ models can be described as a system that describe how pieces of business fit together.

Correct Answer   Business

Multiple Choice Multiple AnswerFactors encouraging joint ventures are

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

Select The BlankETOP stands for ________.

Correct Answer   environmental threat & opportunity profile

True/FalseAdapter duplicate the leader and claim to be similar or even the same.

Correct Answer   False

Multiple Choice Single AnswerThe objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is

Correct Answer   Receivables planning

Multiple Choice Multiple AnswerThree important managerial qualities required for the effective strategic management

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

Multiple Choice Multiple AnswerHarvest strategy is used for

Correct Answer   Dogs , Question marks

Multiple Choice Single AnswerIt indicates the degree of differentiation

Correct Answer   Structure

True/FalseTiming of measurement before hand serves the purpose of evaluation.

Correct Answer   False

True/FalseAccording to Michael Porter, the core of efficiency management is strategy.

Correct Answer   True

Select The Blank________ is a modern plant consisting of modules centered around a stage in the production process

Correct Answer   Flotilla concept

Multiple Choice Single AnswerStrategic management is mainly the responsibility of

Correct Answer   Top Management

Select The BlankLike roots of a tree, ________of organization is hidden from direct view.

Correct Answer   core competence

Multiple Choice Single AnswerStrategic management is concerned with

Correct Answer   long- range planning

Multiple Choice Single AnswerIt refers to formal and informal rules, regulations and procedures that complements the company structure

Page 124: SCD - Strategic  Management

Correct Answer   Systems

True/FalseArranging training program on productivity is a strategic decision.

Correct Answer   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.

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  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

  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 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   ________ 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 Multiple Answer  Question   Principles to manage strategic alliances are

  Correct Answer   clarity in strategy & responsibilities , blending cultures , provide for an exit strategy

  Your Answer   provide for an exit strategy , clarity in strategy & responsibilities , blending cultures

 

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

  Correct Answer   False

  Your Answer   False

 

 Select The Blank  Question   ________ relationships are effective in communicating complex information

  Correct Answer   Personal

  Your Answer   Personal

 

 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   It is the process of selecting people for company positions and developing skills and abilities for assignments in the

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company  Correct Answer   Staffing

  Your Answer   Staffing

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   internal analysis

 

 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   This strategic posture plays a leadership role in establishing how the industry operates

  Correct Answer   Shapers

  Your Answer   Shapers

 

 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   Systems are formal and informal rules and regulations that complements the company structure

  Correct Answer   True

  Your Answer   True

 

 Match The FollowingQuestion 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.

 

 Select The Blank  Question   Economics of scale requires ________.

  Correct Answer   high market share

  Your Answer   high market share

 

 True/False

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  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   Bajaj started manufacturing of sunny is an example of ________.

  Correct Answer   concentration strategy

  Your Answer   concentration strategy

 

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

  Correct Answer   Capital

  Your Answer   Capital

 

 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   Premise control

 

 Multiple Choice Multiple Answer  Question   Core ideology

  Correct Answer   core values , core purpose

  Your Answer   core values , core purpose

 

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

  Correct Answer   Leaders

  Your Answer   Leaders

 

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

  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 )

 

 Multiple Choice Single Answer  Question   Mass media includes

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  Correct Answer   radio, TV, internet etc.

  Your Answer   radio, TV, internet 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   It indicates the degree of differentiation

  Correct Answer   Structure

  Your Answer   Structure

 

 Multiple Choice Multiple Answer  Question   Money is invested by way of

  Correct Answer   Debt , Equity

  Your Answer   Debt , Risk , Equity

 

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

  Correct Answer   False

  Your Answer   False

 

 Match The FollowingQuestion 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   Make or buy decision is related with ________strategy.

  Correct Answer   vertical ( backward ) integration

  Your Answer   horizontal integration

 

 Multiple Choice Multiple Answer  Question   An unhealthy portfolio has

  Correct Answer   More dogs , Few stars

  Your Answer   More dogs , Few stars

 

 Select The Blank

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

  Correct Answer   Labour

  Your Answer   Labour

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   True

  Your Answer   True

 

 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   Under functional strategics we have vertical fit & horizontal fit.

  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   Control should involve________ amount of information.

  Correct Answer   Minimum

  Your Answer   Minimum

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

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  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

  Your Answer   Technology forecasting

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

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  Your Answer   Self-discipline

 

 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   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 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

 

 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   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

 

 Select The Blank  Question   Modern Accounting uses ________ as a unit of measure

  Correct Answer   Time

  Your Answer   Time

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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

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 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   Board of directors

 

 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   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 Select The Blank  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   PRM

 

 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   Business is rated on which dimensions

  Correct Answer   Market attractiveness , Business strength

  Your Answer   Market attractiveness , Business strength

 

 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   Structure

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   internal analysis

 

 Multiple Choice Multiple Answer

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  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   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

 

 Multiple Choice Multiple Answer  Question   market research is conducted by

  Correct Answer   by research agencies , by consultants , by employees

  Your Answer   by employees , by research agencies , by consultants

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 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

 

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

  Correct Answer   Systems

  Your Answer   Modern Accounting

 

 Match The FollowingQuestion Correct Answer Your Answer

Executive summary Synopsis of marketing plan Synopsis of marketing plan

Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring proper tactical changes

Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions

Top level Executives Taking decisions regarding efficient and effective allocation of resources

Taking decisions regarding efficient and effective allocation of resources

 

 Select The Blank  Question   Displacing competitor is ________ category of goal.

  Correct Answer   common enemy

  Your Answer   common enemy

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 Match The FollowingQuestion 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

 

 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   Delay in ________ measurement defeats the purpose of evaluation.

  Correct Answer   Time

  Your Answer   Time

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalization

  Your Answer   Forecasting , Control mechanism

 

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

  Correct Answer   Motivation

  Your Answer   Motivation

 

 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

 

 True/False  Question   The actual performance deviates positively over the budgeted performanve. This is an indication of superior

performance

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  Correct Answer   True

  Your Answer   True

 

 Multiple Choice Single Answer  Question   Maintain strategies means

  Correct Answer   no change in strategies

  Your Answer   move slowly & surely

 

 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   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   False

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.

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  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 FollowingQuestion 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 strategies

Matching, converting, minimizing & avoiding 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

opportunities the market offers

  Correct Answer   Adapters

  Your Answer   Adapters

 

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

  Correct Answer   False

  Your Answer   False

  Multiple Choice Multiple Answer  Question   These following factors determine the desire of risk

  Correct Answer   Strategies , Resources

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  Your Answer   Strategies , Resources

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   A hardware manufacture enters into software is an example of ________integration.

  Correct Answer   vertical ( forward )

  Your Answer   vertical ( forward )

  Multiple Choice Multiple Answer  Question   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

 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   A major part of strategy implementation is

  Correct Answer   resource allocation

  Your Answer   resource allocation

  True/False  Question   Divestiture is opposed to diversification.

  Correct Answer   False

  Your Answer   False

  Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

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

  Correct Answer   False

  Your Answer   False

  Multiple Choice Multiple Answer

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

  Correct Answer   Research and planning , Forecasting

  Your Answer   Research and planning , Forecasting

  Select The Blank  Question   Strategic evaluation determines the effectiveness of ________

  Correct Answer   Strategy

  Your Answer   Strategy

 

 Multiple Choice Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 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   Secondary sources of information are

  Correct Answer   newspapers, magazines, journals etc.

  Your Answer   newspapers, magazines, journals etc.

 

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

  Correct Answer   Operational control

  Your Answer   Operational control

  Multiple Choice Multiple Answer  Question   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

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  Your Answer   Dogs , Question marks

  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

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

  Correct Answer   False

  Your Answer   False

  Select The Blank  Question   Economics of scale requires ________.

  Correct Answer   high market share

  Your Answer   high market share

  Match The FollowingQuestion Correct Answer Your Answer

Board of Directors Link between company & external environment Link between company & external environment

Profit centers S.B.U. s S.B.U. s

S.B.U.s are more focused on their Product line/business Product line/business

Manufacturing strategy Productivity Productivity

  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

 

 Multiple Choice Single Answer  Question   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   inherent inadequacy of organization

  Multiple Choice Multiple Answer  Question   Various phases of Growth are

  Correct Answer   Creativity , Delegation , Co-ordination

  Your Answer   Creativity , Delegation , Co-ordination

  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

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

  Correct Answer   True

  Your Answer   True

 

 True/False  Question   All policies are 'statements'

  Correct Answer   False

  Your Answer   False

 

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

  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 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   In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.

  Correct Answer   Delegation

  Your Answer   Delegation

 

 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   Staffing function applies to all company levels irrespective of levels of hierarchy

  Correct Answer   True

  Your Answer   True

 

 Multiple Choice Multiple Answer  Question   An unhealthy portfolio has

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  Correct Answer   More dogs , Few stars

  Your Answer   More dogs , Few stars

  Multiple Choice Single Answer  Question   The traditional approach towards uncertainity is

  Correct Answer   Binary

  Your Answer   Binary

 

 Select The Blank  Question   Bajaj started manufacturing of sunny is an example of ________.

  Correct Answer   concentration strategy

  Your Answer   concentration strategy

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 FollowingQuestion Correct Answer Your Answer

Fit SWOT analysis

Vision what a company wishes to become or aspires to be.

what the company is and why it exists.

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

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  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

 

 Select The Blank  Question   Strategic evaluation determines the effectiveness of ________

  Correct Answer   Strategy

  Your Answer   Strategy

 

 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   Mass media includes

  Correct Answer   radio, TV, internet etc.

  Your Answer   radio, TV, internet etc.

 

 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   Business is rated on which dimensions

  Correct Answer   Market attractiveness , Business strength

  Your Answer   Market attractiveness , Business strength

 

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

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  Correct Answer   True

  Your Answer   True

 

 Multiple Choice Single Answer  Question   Vertical integration is concerned with

  Correct Answer   supply chain

  Your Answer   supply chain

 

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

  Correct Answer   Research and planning , Forecasting

  Your Answer   Research and planning , Forecasting

 

 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   Associated external agencies means

  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-discipline

  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 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

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  Your Answer   Identifies quality and productivity from a production process , Identifies impact of any change on performance

 

 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   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

 

 Match The FollowingQuestion 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

 

 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   The various areas covered by social responsibility are

  Correct Answer   Inner Circle , Intermediate circle , Outer Circle

  Your Answer   Inner Circle , Intermediate circle , Outer Circle

 

 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   The decisions which are applied to structured or routine problems are

  Correct Answer   programmed decisions

  Your Answer   programmed decisions

 

 Multiple Choice Multiple Answer  Question   Program is a combination of

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  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

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

  Correct Answer   core competence

  Your Answer   core competence

 

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

  Correct Answer   Business

  Your Answer   Modular

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

  Correct Answer   False

  Your Answer   False

 

 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   Control should involve________ amount of information.

  Correct Answer   Minimum

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  Your Answer   Minimum

 

 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 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   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 determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Expansion strategy means

  Correct Answer   growth

  Your Answer   growth

 

 Select The Blank  Question   Bajaj started manufacturing of sunny is an example of ________.

  Correct Answer   concentration strategy

  Your Answer   concentration strategy

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 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

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

 

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 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 FollowingQuestion 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

 

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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 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   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   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Employess , Resources

 

 Multiple Choice Multiple Answer  Question   Factors determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

 Multiple Choice Multiple Answer  Question   market research is conducted by

  Correct Answer   by employees , by research agencies , by consultants

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  Your Answer   by employees , by research agencies , by consultants

 

 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 major part of strategy implementation is

  Correct Answer   resource allocation

  Your Answer   resource allocation

 

 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 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   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

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-Appraisal

 

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

  Correct Answer   True

  Your Answer   True

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 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

 

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

  Correct Answer   True

  Your Answer   True

 

 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   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

 

 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

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  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

 

 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

 

 Match The FollowingQuestion 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 strategies

Life cycle considerations

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

 

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

  Correct Answer   False

  Your Answer   False

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

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

  Correct Answer   Operational control

  Your Answer   Operational control

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   True

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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 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

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  Question   It concentrates on organisation design and work flow

  Correct Answer   Flotilla

  Your Answer   Systems approach

 

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

  Correct Answer   Labour

  Your Answer   Infrastructure

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

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  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 FollowingQuestion Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis value chain analysis

 

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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 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   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   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Employess , Resources

 

 Multiple Choice Multiple Answer  Question   Factors determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

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  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

 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   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 major part of strategy implementation is

  Correct Answer   resource allocation

  Your Answer   resource allocation

 

 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 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   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

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-Appraisal

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 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   Performance is affected by

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

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

 

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

  Correct Answer   True

  Your Answer   True

 

 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   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

 

 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

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  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

 

 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

 

 Match The FollowingQuestion 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 strategies

Life cycle considerations

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

 

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

  Correct Answer   False

  Your Answer   False

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

  Correct Answer   Operational control

  Your Answer   Operational control

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   True

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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 Single Answer  Question   The cornerstone of financial planning process of all organizations because of the cost, control and risk

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considerations which influence overall value of the firm is

  Correct Answer   Capital structure planning

  Your Answer   Capital structure planning

 

 Multiple Choice Single Answer  Question   It concentrates on organisation design and work flow

  Correct Answer   Flotilla

  Your Answer   Systems approach

 

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

  Correct Answer   Labour

  Your Answer   Infrastructure

Top of FormSM 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

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  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

  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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   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   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   Module of Flotilla strikes an optimum balance of ________ and flexibility

  Correct Answer   Standardisation

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  Your Answer   Standardisation

 

 Multiple Choice Single Answer  Question   It indicates the degree of differentiation

  Correct Answer   Structure

  Your Answer   Culture

 

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

  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

 

 Match The FollowingQuestion Correct Answer Your Answer

Top level Executives Taking decisions regarding efficient and effective allocation of resources

Taking decisions regarding efficient and effective allocation of resources

Executive summary Synopsis of marketing plan Synopsis of marketing plan

Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions

Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes

 

 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   Corporate strategy ensures

  Correct Answer   fit between the firm and its environment

  Your Answer   Easy availability of resources

 

 Multiple Choice Single Answer  Question   Core purpose

  Correct Answer   mission

  Your Answer   vision

 

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

Page 164: SCD - Strategic  Management

  Correct Answer   Systems

  Your Answer   Systems

 

 Multiple Choice Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   vision

  Your Answer   vision

 

 Multiple Choice Multiple Answer  Question   market research is conducted by

  Correct Answer   by employees , by research agencies , by consultants

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  Your Answer   by employees , by research agencies , by consultants

 

 Select The Blank  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   IR, OB

 

 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   Mass media includes

  Correct Answer   radio, TV, internet etc.

  Your Answer   radio, TV, internet etc.

 

 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

 

 Select The Blank  Question   ________ relationships are effective in communicating complex information

  Correct Answer   Personal

  Your Answer   Personal

 

 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   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 Multiple Choice Multiple Answer  Question   Core ideology

  Correct Answer   core values , core purpose

  Your Answer   core values , core purpose

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 Select The Blank  Question   Control should involve________ amount of information.

  Correct Answer   Minimum

  Your Answer   Maximum

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Match The FollowingQuestion Correct Answer Your Answer

4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion

Sources of funds Factor leading to financial capability Factor leading to financial capability

The retrieval and usage of information Factor leading to Information Management Capability

Factor leading to Information Management Capability

The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability

 

 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

 

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

  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

 

 Select The Blank  Question   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

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  Your Answer   general agreement on trade & tariff

 

 Multiple Choice Multiple Answer  Question   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Rites , Myths , Rituals

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

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 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

  Correct Answer   Checking performance , Reformulate strategies , Standard check

  Your Answer   Checking performance , Reformulate strategies , Standard check

 

 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   Micro environment is the internal environment of a company.

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation

  Your Answer   Control mechanism , Departmentalisation , Specialisation

 

 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

 

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

  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

 

 True/False

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  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   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in external environment.

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 Multiple Choice Multiple Answer  Question   Money is invested by way of

  Correct Answer   Debt , Equity

  Your Answer   Risk , Equity , Return

 

 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

 

 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 True/False  Question   The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance

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  Correct Answer   True

  Your Answer   True

 

 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

 

 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   Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.

  Correct Answer   Co-ordination

  Your Answer   Co-operation

 

 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   Emotional quotient

 

 Select The Blank  Question   ________ identifies the impact of any change on performance

  Correct Answer   Statistical quality control

  Your Answer   Statistical quality control

 

 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   Bajaj started manufacturing of sunny is an example of ________.

  Correct Answer   concentration strategy

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  Your Answer   concentration strategy

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Some fit and some misfit

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

 

 Multiple Choice Single Answer  Question   A pictorial depiction of various outcomes of a decision is

  Correct Answer   decision tree

  Your Answer   decision tree

 

 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 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   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

  Your Answer   Question marks , Stars , Cash cowsCash cowsc

 

 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

 

 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   Export entry modes are

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  Correct Answer   direct/indirect export

  Your Answer   direct/indirect export

 

 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   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-Appraisal

 

 Match The FollowingQuestion Correct Answer Your Answer

Executive summary Synopsis of marketing plan Marketing goals

Line Managers Responsibility Ensuring Implementation of marketing actions customized marketing

Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions

Top level Executives Taking decisions regarding efficient and effective allocation of resources

Taking decisions regarding efficient and effective allocation of resources

 

 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

 

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

  Correct Answer   False

  Your Answer   True

 

 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 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

SM assgn Multiple Choice Single Answer

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  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

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  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   It indicates the degree of differentiation

  Correct Answer   Structure

  Your Answer   Style

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

  Correct Answer   False

  Your Answer   False

  Select The Blank  Question   In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.

  Correct Answer   Delegation

  Your Answer   Delegation

  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   Corporate strategy ensures

  Correct Answer   fit between the firm and its environment

  Your Answer   fit between the firm and its environment

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

  Correct Answer   False

  Your Answer   False

  Multiple Choice Single Answer  Question   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in internal environment.

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

  Correct Answer   Systems

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  Your Answer   Systems

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

  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 Multiple Answer  Question   market research is conducted by

  Correct Answer   by research agencies , by consultants , by employees

  Your Answer   by employees , by research agencies , by consultants

  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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

  Match The FollowingQuestion Correct Answer Your Answer

Marketing a product Mass segmentation Life cycle considerations

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

Swot Analysis Matching, converting, minimizing & avoiding strategies

Availability of resources

Marketing strategy Life cycle considerations Mass segmentation

  Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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

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

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  Correct Answer   Flotilla concept

  Your Answer   Flotilla concept

  Multiple Choice Single Answer  Question   Maintain strategies means

  Correct Answer   no change in strategies

  Your Answer   maintain environmental changes

  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   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

  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   Core ideology

  Correct Answer   core values , core purpose

  Your Answer   core values , core purpose

  Select The Blank  Question   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   general agreement on trade & tariff

  Multiple Choice Multiple Answer  Question   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

  Your Answer   Question marks , Cash cowsCash cowsc

  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

  True/False

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

  Correct Answer   Strategic business Units

  Your Answer   Strategic business Units

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

  Correct Answer   Option Valuation model

  Your Answer   Option Valuation model

  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   Crisis

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

  Correct Answer   False

  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   The aim in stability strategies is-

  Correct Answer   move slowly & surely

  Your Answer   move slowly & surely

  Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   product performance analysis

 

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 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   True

 

 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   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Myths , Rituals , Style

 

 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

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

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  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

  Multiple Choice Single Answer  Question   Empower people through great software anytime , any place, on any device'- Microsoft

  Correct Answer   vision

  Your Answer   vision

  Match The FollowingQuestion 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 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   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

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  Your Answer   general agreement on trade & tariff

  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

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

  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

  Select The Blank  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   IR, OB

  Select The Blank  Question   ________ relationships are effective in communicating complex information

  Correct Answer   Personal

  Your Answer   Personal

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

  Correct Answer   False

  Your Answer   False

  Multiple Choice Single Answer  Question   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   inherent inadequacy of organization

 

 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   Three important managerial qualities required for the effective strategic management

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

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

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   CAP related to internal appraisal of firm stands for

  Correct Answer   competitive advantage profile

  Your Answer   competitive advantage profile

 

 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   Arranging training program on productivity is a strategic decision.

  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

 

 Multiple Choice Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation

  Your Answer   Control mechanism , Departmentalisation

 

 Multiple Choice Single Answer  Question   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

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  Your Answer   unfavorable conditions in external environment.

 

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

  Correct Answer   programmed decisions

  Your Answer   programmed decisions

 

 Match The FollowingQuestion Correct Answer Your Answer

Rely on short term assessment Barrier in evaluation Barrier in evaluation

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

 

 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   Mass media includes

  Correct Answer   radio, TV, internet etc.

  Your Answer   radio, TV, internet etc.

 

 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

 

 Select The Blank  Question   A hardware manufacture enters into software is an example of ________integration.

  Correct Answer   vertical ( forward )

  Your Answer   vertical ( forward )

 

 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 takes the current industry structure and its future evolution as given and then react to the

opportunities the market offers

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  Correct Answer   Adapters

  Your Answer   Adapters

 

 Select The Blank  Question   Delay in ________ measurement defeats the purpose of evaluation.

  Correct Answer   Time

  Your Answer   Time

 

 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   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   IR, OB

 

 Multiple Choice Single Answer  Question   Mission

  Correct Answer   philosophy, public image

  Your Answer   philosophy, public image

 

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

  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.

 

 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 ,

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Dynamic modes and mapping  

 Multiple Choice Single Answer  Question   Secondary sources of information are

  Correct Answer   newspapers, magazines, journals etc.

  Your Answer   opinions, suggestions, complaints etc.

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 FollowingQuestion 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Match The FollowingQuestion Correct Answer Your Answer

Sharplin S.M. is the formulation & implementation of S.M. is the formulation & implementation of

Page 185: SCD - Strategic  Management

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 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   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 Multiple Answer  Question   Core ideology

  Correct Answer   core values , core purpose

  Your Answer   core values , core purpose

 

 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   Retrenchment strategy means

  Correct Answer   contraction of business activities

  Your Answer   contraction of business activities

 

 Multiple Choice Single Answer  Question   The traditional approach towards uncertainity is

  Correct Answer   Binary

  Your Answer   Binary

 

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

  Correct Answer   Operational control

  Your Answer   Operational control

 

 Multiple Choice Multiple Answer  Question   Techniques used in environmental appraisal are

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  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   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

 

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

  Correct Answer   False

  Your Answer   False

 

 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   Environmental competitiveness tends to encourage ethical behaviour.

  Correct Answer   False

  Your Answer   False

 

 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   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   Three important managerial qualities required for the effective strategic management

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

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

 

 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   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   In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.

  Correct Answer   Delegation

  Your Answer   Delegation

 

 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   Counterfeiter copy but with a difference that can be seen.

  Correct Answer   False

  Your Answer   False

 

 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

 

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

  Correct Answer   Capital

  Your Answer   Capital

 

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

  Correct Answer   False

  Your Answer   False

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 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   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   ________ relationships are effective in communicating complex information

  Correct Answer   Personal

  Your Answer   Personal

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   False

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-discipline

 

 Multiple Choice Multiple Answer  Question   An unhealthy portfolio has

  Correct Answer   More dogs , Few stars

  Your Answer   More dogs , Few stars

 

 Multiple Choice Multiple Answer  Question   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Rituals

 

 Multiple Choice Single Answer

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  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

 

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

  Correct Answer   True

  Your Answer   True

 

 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 Single Answer  Question   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   inherent inadequacy of organization

 

 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   Expansion strategy means

  Correct Answer   growth

  Your Answer   growth

 

 Select The Blank  Question   Modern Accounting uses ________ as a unit of measure

  Correct Answer   Time

  Your Answer   Time

 

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

  Correct Answer   Leaders

  Your Answer   Leaders

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."

Page 190: SCD - Strategic  Management

  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.

  Correct Answer   role model

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  Your Answer   qualitative

 

 Match The FollowingQuestion 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

 

 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.

 

 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   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   Core purpose

  Correct Answer   mission

  Your Answer   vision

 

 Multiple Choice Single Answer  Question   Empower people through great software anytime , any place, on any device'- Microsoft

  Correct Answer   vision

  Your Answer   mission

 

 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

 

 Select The Blank  Question   Bajaj started manufacturing of sunny is an example of ________.

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  Correct Answer   concentration strategy

  Your Answer   expansion strategy

 

 Multiple Choice Single Answer  Question   Mission

  Correct Answer   philosophy, public image

  Your Answer   philosophy, public image

 

 Multiple Choice Single Answer  Question   Denominator management

  Correct Answer   cost reduction

  Your Answer   cost reduction

 

 Multiple Choice Multiple Answer  Question   Attack strategies are

  Correct Answer   frontal attack , flank attack , encirclement attack

  Your Answer   encirclement attack , frontal attack , flank attack

 

 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

 

 Match The FollowingQuestion Correct Answer Your Answer

Board of Directors Link between company & external environment Link between company & external environment

Profit centers S.B.U. s Profit making organizations

S.B.U.s are more focused on their Product line/business Product line/business

Manufacturing strategy Productivity Productivity

 

 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   Financial environment is concerned with

  Correct Answer   demand & supply of money, capital markets

  Your Answer   demand & supply of money, capital markets

 

 Select The Blank

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

  Correct Answer   Systems

  Your Answer   Systems

 

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

  Correct Answer   True

  Your Answer   True

 

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

  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

 

 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   CAP related to internal appraisal of firm stands for

  Correct Answer   competitive advantage profile

  Your Answer   competitive advantage profile

 

 Select The Blank  Question   Modern Accounting uses ________ as a unit of measure

  Correct Answer   Time

  Your Answer   Time

 

 Select The Blank  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   IR, OB

 

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

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  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   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 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   Macro environment has got immediate impact on business.

  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

 

 Multiple Choice Single Answer  Question   It indicates the degree of differentiation

  Correct Answer   Structure

  Your Answer   Structure

 

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

  Correct Answer   False

  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

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  Your Answer   Self-awareness

 

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

  Correct Answer   False

  Your Answer   True

 

 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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   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 , communication skills

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

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 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

  Your Answer   IR, OB

 

 Multiple Choice Single Answer  Question   The aim in stability strategies is-

  Correct Answer   move slowly & surely

  Your Answer   move slowly & surely

 

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

  Correct Answer   False

  Your Answer   False

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

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  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   core competence

  Your Answer   goodwill

 

 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   Performance is affected by

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

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

  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   Investment entry mode are

  Correct Answer   joint venture/independent ventures/subsidiaries

  Your Answer   joint venture/independent ventures/subsidiaries

 

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

  Correct Answer   Capital

  Your Answer   Labour

  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

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

  Correct Answer   False

  Your Answer   False

 

 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 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   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   It refers to the relatively more durable company arrangements and relationships

  Correct Answer   Structure

  Your Answer   Structure

 

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

  Correct Answer   True

  Your Answer   True

  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

  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   Counterfeiter copy but with a difference that can be seen.

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  Correct Answer   False

  Your Answer   False

  Multiple Choice Single Answer  Question   A major part of strategy implementation is

  Correct Answer   resource allocation

  Your Answer   resource allocation

 

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

  Correct Answer   False

  Your Answer   False

  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   Under functional strategics we have vertical fit & horizontal fit.

  Correct Answer   True

  Your Answer   True

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

  Correct Answer   Motivation

  Your Answer   Inspiration

  Match The FollowingQuestion Correct Answer Your Answer

Decision making Managers to develop the courage to make unconventional decisions

Crusial problem that affect success

Social Responsibility Managers to maintain high ethical standards Managers to maintain high ethical standards

Lateral thinking Managers to learn to deal with chaotic situations

Managers to develop the courage to make unconventional decisions

Responsiveness Managers to provide speedy responses to environmental changes

Managers to provide speedy responses to environmental changes

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Synergy Vertical Integration Vertical Integration

Mechanistic approach to knowledge management

Better accessibility to information Better accessibility to information

Explicit knowledge Formal & Systematic Social, Political, legal & technology

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 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

 

 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   Various phases of Growth are

  Correct Answer   Creativity , Delegation , Co-ordination

  Your Answer   Creativity , Delegation , Co-ordination

  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   All policies are 'statements'

  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   Chartered accountant , Auditor , Financial controller

 

 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

 

 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

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  Question   Contractual entry modes are

  Correct Answer   licensing / franchising

  Your Answer   licensing / franchising

 

 Multiple Choice Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation

  Your Answer   Control mechanism , Departmentalisation , Specialisation

 

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

  Correct Answer   True

  Your Answer   True

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

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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

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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

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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

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  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

  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

 

 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   Secondary sources of information are

  Correct Answer   newspapers, magazines, journals etc.

  Your Answer   newspapers, magazines, journals etc.

 

 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   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

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  Your Answer   Dogs , Question marks

 

 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   Counterfeiter copy but with a difference that can be seen.

  Correct Answer   False

  Your Answer   False

 

 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 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   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 Single Answer  Question   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 Select The Blank  Question   Control should involve________ amount of information.

  Correct Answer   Minimum

  Your Answer   Minimum

 

 Multiple Choice Single Answer  Question   It concentrates on organisation design and work flow

  Correct Answer   Flotilla

  Your Answer   Cost Accounting

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 Multiple Choice Single Answer  Question   Expansion strategy means

  Correct Answer   growth

  Your Answer   career development

 

 Select The Blank  Question   Economics of scale requires ________.

  Correct Answer   high market share

  Your Answer   specialization

 

 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   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   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 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.

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Multiple Choice Multiple Answer

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  Question   Macro environment

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

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

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Market follower are Imitator Imitator

 

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

  Correct Answer   True

  Your Answer   True

 

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

  Correct Answer   False

  Your Answer   False

 

 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   Module of Flotilla strikes an optimum balance of ________ and flexibility

  Correct Answer   Standardisation

  Your Answer   Opportunities

 

 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   Operational planning

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 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   Ethical streategies

 

 Multiple Choice Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 Multiple Choice Single Answer  Question   Investment entry mode are

  Correct Answer   joint venture/independent ventures/subsidiaries

  Your Answer   licensing/franchising

 

 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   The traditional approach towards uncertainity is

  Correct Answer   Binary

  Your Answer   Binary

 

 Multiple Choice Multiple Answer  Question   An unhealthy portfolio has

  Correct Answer   More dogs , Few stars

  Your Answer   More dogs , Few stars

 

 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   Make or buy decision is related with ________strategy.

  Correct Answer   vertical ( backward ) integration

  Your Answer   vertical ( backward ) integration

 

 Multiple Choice Multiple Answer

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  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

 

 Match The FollowingQuestion Correct Answer Your Answer

4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion

Sources of funds Factor leading to financial capability Factor leading to financial capability

The retrieval and usage of information Factor leading to Information Management Capability

Factor leading to Information Management Capability

The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability

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)

b)

c)

Audit committee

Chief executive

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d) External auditor

Financial controller33. These are moves that will pay off irrespective of what happens in the future   

a)

b)

c)

d)

Options

Big bets

No-regret moves

Reserve the right to play39.

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

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 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

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

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

 

 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

 

 Select The Blank  Question   Strategic evaluation determines the effectiveness of ________

  Correct Answer   Strategy

  Your Answer   Goals

 

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

  Correct Answer   vision

  Your Answer   vision

 

 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

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  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

 

 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   Environmental competitiveness tends to encourage ethical behaviour.

  Correct Answer   False

  Your Answer   True

 

 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   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   inherent inadequacy of organization

 

 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   Reciprocal responsibility means equal blames and credit.

  Correct Answer   False

  Your Answer   False

 

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

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  Correct Answer   True

  Your Answer   True

 

 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   Control

 

 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   These following factors determine the desire of risk

  Correct Answer   Strategies , Resources

  Your Answer   Strategies , Competence , Time

 

 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   Organizational models are

  Correct Answer   international model , global organizational model , multinational model

  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 Answer   Company secretary , Auditor , Financial controller

  Your Answer   Company secretary , Auditor , Financial controller

 

 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

 

 True/False  Question   Divestiture is opposed to diversification.

  Correct Answer   False

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  Your Answer   False

 

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

  Correct Answer   Research and planning , Forecasting

  Your Answer   Research and planning , Forecasting

 

 Select The Blank  Question   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   general agreement on trade & tariff

 

 Match The FollowingQuestion Correct Answer Your Answer

Decision making Managers to develop the courage to make unconventional decisions

Managers to develop the courage to make unconventional decisions

Social Responsibility Managers to maintain high ethical standards Managers to maintain high ethical standards

Lateral thinking Managers to learn to deal with chaotic situations

Managers to learn to deal with chaotic situations

Responsiveness Managers to provide speedy responses to environmental changes

Managers to provide speedy responses to environmental changes

 

 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   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   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   inherent inadequacy of organization

 

 Multiple Choice Multiple Answer  Question   Techniques used in environmental appraisal are

  Correct Answer   single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion ,

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Dynamic modes and mapping

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

 

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

  Correct Answer   True

  Your Answer   False

 

 Select The Blank  Question   ________ identifies the impact of any change on performance

  Correct Answer   Statistical quality control

  Your Answer   Flotilla concept

 

 Select The Blank  Question   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   general agreement on trade & tariff

 

 Match The FollowingQuestion 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 strategies

Matching, converting, minimizing & avoiding strategies

Marketing strategy Life cycle considerations Life cycle considerations

 

 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 , willingness of employees

 

 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   Knowledge of the relationships between choices, environment & outcomes is

  Correct Answer   familiarity

  Your Answer   familiarity

 

 Multiple Choice Multiple Answer

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  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

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 surveillanceSM 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

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  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

  Correct Answer   Personal

  Your Answer   Personal

 

 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 Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 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   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Associated external agencies means

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  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

 

 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

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-discipline

 

 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   Delay in ________ measurement defeats the purpose of evaluation.

  Correct Answer   Time

  Your Answer   Time

 

 Multiple Choice Multiple Answer  Question   Measures to take corrective action

  Correct Answer   Checking performance , Reformulate strategies , Standard check

  Your Answer   Checking performance , Formulate plans , Reformulate strategies

 

 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   Performance is affected by

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

  Your Answer   Distorted resource allocation , Inappropriate structure , Leadership

 

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

  Correct Answer   Motivation

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  Your Answer   Motivation

 

 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 Multiple Answer  Question   supplier & technological environment is concerned with

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

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

 

 Multiple Choice Single Answer  Question   This strategic posture plays a leadership role in establishing how the industry operates

  Correct Answer   Shapers

  Your Answer   Adapters

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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

 

 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   Arranging training program on productivity is a strategic decision.

  Correct Answer   False

  Your Answer   False

 

 Select The Blank  Question   In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.

  Correct Answer   Delegation

  Your Answer   Delegation

 

 Select The Blank  Question   ETOP stands for ________.

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  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 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

 

 Multiple Choice Single Answer  Question   A pictorial depiction of various outcomes of a decision is

  Correct Answer   decision tree

  Your Answer   risk analysis

 

 Multiple Choice Single Answer  Question   Contractual entry modes are

  Correct Answer   licensing / franchising

  Your Answer   licensing / franchising

 

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

  Correct Answer   False

  Your Answer   False

 

 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

 

 Multiple Choice Single Answer  Question   Financial environment is concerned with

  Correct Answer   demand & supply of money, capital markets

  Your Answer   Finance department

 

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

  Correct Answer   vertical ( forward )

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  Your Answer   vertical ( forward )

 

 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   Mass media includes

  Correct Answer   radio, TV, internet etc.

  Your Answer   customer & dealers

 

 Multiple Choice Single Answer  Question   Associated external agencies means

  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

 

 Match The FollowingQuestion Correct Answer Your Answer

Crisis Management leads to organisational learning First step of signal detection

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   ________ 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 control process requires the following types of information

  Correct Answer   Planned performance , Variances , Reasons

  Your Answer   Planned performance , Variances , Motivation

 

 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 Multiple Answer  Question   Three important managerial qualities required for the effective strategic management

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

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

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

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  Your Answer   Asian Paints

 

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

  Correct Answer   vertical ( forward )

  Your Answer   horizontal

 

 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 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 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   The decisions which are applied to structured or routine problems are

  Correct Answer   programmed decisions

  Your Answer   programmed decisions

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   False

 

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

  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

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 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

 

 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 , Only factor determing it's success or failure , may result in disaster if inappropriate

 

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

  Correct Answer   True

  Your Answer   True

 

 Select The Blank

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  Question   Control should involve________ amount of information.

  Correct Answer   Minimum

  Your Answer   Maximum

 

 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   True

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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   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. , concept of optimization

 

 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   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

 

 Multiple Choice Multiple Answer  Question   Business is rated on which dimensions

  Correct Answer   Market attractiveness , Business strength

  Your Answer   Business strength , Profit margin , Competition level

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

  Correct Answer   core competence

  Your Answer   goodwill

 

 Select The Blank  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   PRM

 

 True/False  Question   All policies are 'statements'

  Correct Answer   False

  Your Answer   True

 

 Multiple Choice Single Answer  Question   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   inherent inadequacy of organization

 

 True/False  Question   Divestiture is opposed to diversification.

  Correct Answer   False

  Your Answer   True

 

 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 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

 

 Match The FollowingQuestion Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis competitive analysis

Michael Hammer & James Chapy Reengineering Reengineering

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GDP stands for gross domestic product gross domestic product

 

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

  Correct Answer   Premise control

  Your Answer   Strategic surveillance

 

 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 aim in stability strategies is-

  Correct Answer   move slowly & surely

  Your Answer   move slowly & surely

 

 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

 

 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   General Electric Matrix is divided into how many cells

  Correct Answer   9

  Your Answer   9

  LIST OF ATTEMPTED QUESTIONS AND ANSWERS  

   

 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

 

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 Select The Blank  Question   Module of Flotilla strikes an optimum balance of ________ and flexibility

  Correct Answer  

Standardisation

  Your Answer   Standardisation

 

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

  Correct Answer  

True

  Your Answer   False

 

 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 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   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 Answer  

Board of director

  Your Answer   External auditor

 

 Multiple Choice Multiple Answer  Question   The Hallmarks for self-regulation are

  Correct Answer  

Trust & fairness , Changed Management , Integrity & thoughtfulness

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

 

 Multiple Choice Single Answer  Question   Mission

  Correct Answer  

philosophy, public image

  Your Answer   vision

 

 Match The FollowingQuestion 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

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected performance

Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate

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Heartland business Give the highest priority Give the highest priority

 

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

 

 Select The Blank  Question   Delay in ________ measurement defeats the purpose of evaluation.

  Correct Answer  

Time

  Your Answer   Time

 

 Select The Blank  Question   ________ relationships are effective in communicating complex information

  Correct Answer  

Personal

  Your Answer   Personal

 

 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

 

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

  Correct Answer  

Systems

  Your Answer   Traditional

 

 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 Single Answer  Question   CAP related to internal appraisal of firm stands for

  Correct Answer  

competitive advantage profile

  Your Answer   competitive advantage profile

 

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

  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 Single Answer

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  Question   A Large-scale community development project was funded to enable farmers to use local resources effectively by

  Correct Answer  

Asian Paints

  Your Answer   ITC Ltd.

 

 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   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

 

 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

 

 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   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 , Savings are in terms of time saved

 

 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 Single Answer  Question   It is used extensively in organisation and is concerned with action or performance

  Correct Answer  

Operational control

  Your Answer   Operational control

 

 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

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

  Correct Answer  

False

  Your Answer   False

 

 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

 

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

  Correct Answer  

True

  Your Answer   False

 

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

  Correct Answer  

False

  Your Answer   False

 

 Select The Blank  Question   Make or buy decision is related with ________strategy.

  Correct Answer  

vertical ( backward ) integration

  Your Answer   vertical ( forward )

 

 Select The Blank  Question   Control should involve________ amount of information.

  Correct Answer  

Minimum

  Your Answer   Maximum

 

 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 Multiple Answer  Question   Core ideology

  Correct Answer  

core values , core purpose

  Your Answer   core values , core purpose

 

 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   Role

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct internal analysis

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Answer    Your Answer   internal analysis

 

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

  Correct Answer  

Chief executive

  Your Answer   Board of directors

 

 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   This strategic posture plays a leadership role in establishing how the industry operates

  Correct Answer  

Shapers

  Your Answer   Shapers

 

 Multiple Choice Single Answer  Question   It enables the strategists to take corrective action at the right time

  Correct Answer  

Premise control

  Your Answer   Milestone review

 

 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   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

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

  Correct Answer   True

  Your Answer   True

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 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."

  Correct Answer   True

  Your Answer   True

 

 Select The Blank

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

  Correct Answer   Systems

  Your Answer   Systems

 

 Select The Blank  Question   Economics of scale requires ________.

  Correct Answer   high market share

  Your Answer   high market share

 

 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   False

 

 Multiple Choice Multiple Answer  Question   Critical resources in the emerging information age are

  Correct Answer   Information , Expertise , Intelligence

  Your Answer   Expertise , Intelligence

 

 Multiple Choice Single Answer  Question   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in internal environment.

 

 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   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   Arranging training program on productivity is a strategic decision.

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  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Export entry modes are

  Correct Answer   direct/indirect export

  Your Answer   licensing/franchising

 

 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   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   Strategic evaluation determines the effectiveness of ________

  Correct Answer   Strategy

  Your Answer   Strategy

 

 Match The FollowingQuestion 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 progress

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

  Correct Answer   Motivation

  Your Answer   Motivation

  Multiple Choice Single Answer  Question   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 Select The Blank

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  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   IR, OB

 

 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   Business ethics is how personal norms do not apply to activities & goals of a commercial firm.

  Correct Answer   False

  Your Answer   False

 

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

  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 Multiple Answer  Question   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

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

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  Correct Answer   Labour

  Your Answer   Labour

 

 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   Core purpose

  Correct Answer   mission

  Your Answer   mission

 

 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   Crisis

 

 Multiple Choice Multiple Answer  Question   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

  Your Answer   Dogs , Question marks

 

 Match The FollowingQuestion 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   Associated external agencies means

  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

 

 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 Single Answer

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  Question   Expansion strategy means

  Correct Answer   growth

  Your Answer   growth

 

 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

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

  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

 

 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

  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

 

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  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."

  Correct Answer   True

  Your Answer   True

 

 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   Economics of scale requires ________.

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  Correct Answer   high market share

  Your Answer   high market share

 

 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   False

 

 Multiple Choice Multiple Answer  Question   Critical resources in the emerging information age are

  Correct Answer   Information , Expertise , Intelligence

  Your Answer   Expertise , Intelligence

 

 Multiple Choice Single Answer  Question   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in internal environment.

 

 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   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   Arranging training program on productivity is a strategic decision.

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Export entry modes are

  Correct Answer   direct/indirect export

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  Your Answer   licensing/franchising

 

 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   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   Strategic evaluation determines the effectiveness of ________

  Correct Answer   Strategy

  Your Answer   Strategy

 

 Match The FollowingQuestion 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 progress

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

  Correct Answer   Motivation

  Your Answer   Motivation

  Multiple Choice Single Answer  Question   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 Select The Blank  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   IR, OB

 

 True/False  Question   Change in company structure from divisional to matrix also mean changes in the systems in various degrees

  Correct Answer   True

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  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

 

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

  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 Multiple Answer  Question   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

 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   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   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   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Rites , Myths , Rituals

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 Multiple Choice Single Answer  Question   Core purpose

  Correct Answer   mission

  Your Answer   mission

 

 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   Crisis

 

 Multiple Choice Multiple Answer  Question   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

  Your Answer   Dogs , Question marks

 

 Match The FollowingQuestion 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   Associated external agencies means

  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

 

 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 Single Answer  Question   Expansion strategy means

  Correct Answer   growth

  Your Answer   growth

 

 Multiple Choice Single Answer  Question   Mass media includes

  Correct Answer   radio, TV, internet etc.

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  Your Answer   radio, TV, internet etc.

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

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

  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

 

 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

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 FollowingQuestion 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.

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  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

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  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

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 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 FollowingQuestion 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   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

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  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

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 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

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  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:    200525262Name:    Rambabu SirisettySubject:    Strategic ManagementAssignment 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.

 

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 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

  Your Answer   vertical ( forward)

 

 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   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   internal analysis

 

 True/False  Question   Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to

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consumer providing quality goods & services at reasonable prices.

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in external environment.

 

 Select The Blank  Question   Module of Flotilla strikes an optimum balance of ________ and flexibility

  Correct Answer   Standardisation

  Your Answer   Standardisation

 

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

  Correct Answer   False

  Your Answer   False

 

 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 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   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   inherent inadequacy of organization

 

 Multiple Choice Single Answer  Question   It indicates the degree of differentiation

  Correct Answer   Structure

  Your Answer   Structure

 

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

  Correct Answer   Systems

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  Your Answer   Systems

 

 Multiple Choice Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 Match The FollowingQuestion 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 strategies

Matching, converting, minimizing & avoiding strategies

Marketing strategy Life cycle considerations Life cycle considerations

 

 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   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 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Multiple Choice Multiple Answer  Question   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Resources

 

 Multiple Choice Multiple Answer  Question   Performance is affected by

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

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

 

 Multiple Choice Multiple Answer  Question   Core ideology

  Correct Answer   core values , core purpose

  Your Answer   core values , core purpose

 

 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

 

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

  Correct Answer   False

  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

 

 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

 

 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   Business ethics is how personal norms do not apply to activities & goals of a commercial firm.

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   True

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  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

 

 Multiple Choice Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation , Specialisation

  Your Answer   Control mechanism , Departmentalisation

 

 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   Getting new users is a position defense strategy.

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Secondary sources of information are

  Correct Answer   newspapers, magazines, journals etc.

  Your Answer   newspapers, magazines, journals etc.

 

 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 environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."

  Correct Answer   True

  Your Answer   True

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 Multiple Choice Multiple Answer  Question   An unhealthy portfolio has

  Correct Answer   More dogs , Few stars

  Your Answer   More dogs , Few stars

 

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

  Correct Answer   False

  Your Answer   False

 

 Match The FollowingQuestion 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

  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

 

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  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

 

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  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 Match The FollowingQuestion 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 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   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

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 Multiple Choice Multiple Answer  Question   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Employess , Resources

 

 Multiple Choice Multiple Answer  Question   Factors determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

 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   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 major part of strategy implementation is

  Correct Answer   resource allocation

  Your Answer   resource allocation

 

 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 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   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

 

 Multiple Choice Single Answer

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  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-Appraisal

 

 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   Performance is affected by

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

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

 

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

  Correct Answer   True

  Your Answer   True

 

 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   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

 

 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.

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  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

 

 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

 

 Match The FollowingQuestion Correct Answer Your Answer

Marketing a product Mass segmentation Mass segmentation

Page 263: SCD - Strategic  Management

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

Swot Analysis Matching, converting, minimizing & avoiding strategies

Life cycle considerations

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

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   Operational control

  Your Answer   Operational control

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   True

 

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

Page 264: SCD - Strategic  Management

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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 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   It concentrates on organisation design and work flow

  Correct Answer   Flotilla

  Your Answer   Systems approach

 

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

  Correct Answer   Labour

  Your Answer   Infrastructure

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

 

Page 265: SCD - Strategic  Management

  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

 

 

Page 266: SCD - Strategic  Management

 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 FollowingQuestion 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 Multiple Answer  Question   Macro environment

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

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

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 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   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Employess , Resources

 

 Multiple Choice Multiple Answer  Question   Factors determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

 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   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 major part of strategy implementation is

  Correct Answer   resource allocation

  Your Answer   resource allocation

 

 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 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   It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections &

Page 268: SCD - Strategic  Management

departments

  Correct Answer   departmentation

  Your Answer   departmentation

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-Appraisal

 

 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   Performance is affected by

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

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

 

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

  Correct Answer   True

  Your Answer   True

 

 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   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

 

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

  Correct Answer   Leaders

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  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

 

 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

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 Match The FollowingQuestion 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 strategies

Life cycle considerations

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

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   Operational control

  Your Answer   Operational control

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

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  Your Answer   True

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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 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   It concentrates on organisation design and work flow

  Correct Answer   Flotilla

  Your Answer   Systems approach

 

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

  Correct Answer   Labour

  Your Answer   Infrastructure

  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

 

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  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

  Correct Answer   channel members, customers, suppliers etc.

  Your Answer   channel members, customers, suppliers etc.

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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.

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 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   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   Module of Flotilla strikes an optimum balance of ________ and flexibility

  Correct Answer   Standardisation

  Your Answer   Standardisation

 

 Multiple Choice Single Answer  Question   It indicates the degree of differentiation

  Correct Answer   Structure

  Your Answer   Culture

 

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

  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

 

 Match The FollowingQuestion Correct Answer Your Answer

Top level Executives Taking decisions regarding efficient and effective allocation of resources

Taking decisions regarding efficient and effective allocation of resources

Executive summary Synopsis of marketing plan Synopsis of marketing plan

Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions

Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes

 

 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

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

 

 Multiple Choice Single Answer  Question   Corporate strategy ensures

  Correct Answer   fit between the firm and its environment

  Your Answer   Easy availability of resources

 

 Multiple Choice Single Answer  Question   Core purpose

  Correct Answer   mission

  Your Answer   vision

 

 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   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   False

 

 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   ________ 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

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

  Correct Answer   vision

  Your Answer   vision

 

 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

 

 Select The Blank  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   IR, OB

 

 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   Mass media includes

  Correct Answer   radio, TV, internet etc.

  Your Answer   radio, TV, internet etc.

 

 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

 

 Select The Blank  Question   ________ relationships are effective in communicating complex information

  Correct Answer   Personal

  Your Answer   Personal

 

 Multiple Choice Multiple Answer

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  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   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 Multiple Choice Multiple Answer  Question   Core ideology

  Correct Answer   core values , core purpose

  Your Answer   core values , core purpose

 

 Select The Blank  Question   Control should involve________ amount of information.

  Correct Answer   Minimum

  Your Answer   Maximum

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Match The FollowingQuestion Correct Answer Your Answer

4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion

Sources of funds Factor leading to financial capability Factor leading to financial capability

The retrieval and usage of information Factor leading to Information Management Capability

Factor leading to Information Management Capability

The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability

 

 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

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

  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

 

 Select The Blank  Question   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   general agreement on trade & tariff

 

 Multiple Choice Multiple Answer  Question   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Rites , Myths , Rituals

  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.

 

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  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

  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   It indicates the degree of differentiation

  Correct Answer   Structure

  Your Answer   Style

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

  Correct Answer   False

  Your Answer   False

  Select The Blank  Question   In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.

  Correct Answer   Delegation

  Your Answer   Delegation

  Select The Blank

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  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   Corporate strategy ensures

  Correct Answer   fit between the firm and its environment

  Your Answer   fit between the firm and its environment

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

  Correct Answer   False

  Your Answer   False

  Multiple Choice Single Answer  Question   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in internal environment.

  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   Budgets are plans expressed in numerical terms usually in financial terms

  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 Multiple Answer  Question   market research is conducted by

  Correct Answer   by research agencies , by consultants , by employees

  Your Answer   by employees , by research agencies , by consultants

  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

 

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 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

  Match The FollowingQuestion Correct Answer Your Answer

Marketing a product Mass segmentation Life cycle considerations

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

Swot Analysis Matching, converting, minimizing & avoiding strategies

Availability of resources

Marketing strategy Life cycle considerations Mass segmentation

  Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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

  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   Maintain strategies means

  Correct Answer   no change in strategies

  Your Answer   maintain environmental changes

  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   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

  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

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  Your Answer   Operational level systems

  Multiple Choice Multiple Answer  Question   Core ideology

  Correct Answer   core values , core purpose

  Your Answer   core values , core purpose

  Select The Blank  Question   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   general agreement on trade & tariff

  Multiple Choice Multiple Answer  Question   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

  Your Answer   Question marks , Cash cowsCash cowsc

  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

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

  Correct Answer   Strategic business Units

  Your Answer   Strategic business Units

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

  Correct Answer   Option Valuation model

  Your Answer   Option Valuation model

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

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  Correct Answer   Crisis

  Your Answer   Crisis

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

  Correct Answer   False

  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   The aim in stability strategies is-

  Correct Answer   move slowly & surely

  Your Answer   move slowly & surely

  Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   product performance analysis

  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   True

 

 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   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Myths , Rituals , Style

 

 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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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.

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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

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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

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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

 

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  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

  Correct Answer   True

  Your Answer   True

 

 Match The FollowingQuestion 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   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

 

 Select The Blank  Question   Make or buy decision is related with ________strategy.

  Correct Answer   vertical ( backward ) integration

  Your Answer   vertical ( backward ) integration

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 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   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   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   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 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   Auditor , Financial controller , Company secretary

 

 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   Bajaj started manufacturing of sunny is an example of ________.

  Correct Answer   concentration strategy

  Your Answer   concentration strategy

 

 True/False  Question   All policies are 'statements'

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Multiple Answer

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

  Correct Answer   Chief executive

  Your Answer   Chief executive

 

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

  Correct Answer   False

  Your Answer   False

 

 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

 

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

  Correct Answer   Technology forecasting

  Your Answer   Technology forecasting

 

 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   Contractual entry modes are

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  Correct Answer   licensing / franchising

  Your Answer   licensing / franchising

 

 Multiple Choice Multiple Answer  Question   These following factors determine the desire of risk

  Correct Answer   Strategies , Resources

  Your Answer   Strategies , Resources

 

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

  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   Mass media includes

  Correct Answer   radio, TV, internet etc.

  Your Answer   radio, TV, internet etc.

 

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

  Correct Answer   Capital

  Your Answer   Capital

 

 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

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  Your Answer   Top Management

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   internal analysis

 

 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   Arranging training program on productivity is a strategic decision.

  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

 

 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 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

 

 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

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 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

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Turnaround Strategies Retrenchments - either internally or externally Retrenchments - either internally or externally

  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

 

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  Your Answer   Receivables planning

 

 Match The FollowingQuestion 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 performance

Difference between desired and projected 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

 

 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   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   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in internal environment.

 

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

  Correct Answer   Systems

  Your Answer   Systems

 

 Multiple Choice Multiple Answer  Question   The control process requires the following types of information

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  Correct Answer   Planned performance , Variances , Reasons

  Your Answer   Planned performance , Variances , Reasons

 

 Multiple Choice Multiple Answer  Question   Critical resources in the emerging information age are

  Correct Answer   Information , Expertise , Intelligence

  Your Answer   Capital , Information , Expertise

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-discipline

 

 Multiple Choice Single Answer  Question   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 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   ________ 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   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   Criteria for making an evaluation are

  Correct Answer   Consistency with goals , Consistency with environment , Money

  Your Answer   Consistency with goals , Consistency with environment , Knowledge

 

 Multiple Choice Single Answer  Question   Core purpose

  Correct Answer   mission

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  Your Answer   mission

 

 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

 

 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   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 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   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   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   Contractual entry modes are

  Correct Answer   licensing / franchising

  Your Answer   licensing / franchising

 

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

  Correct Answer   False

  Your Answer   False

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 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 is used extensively in organisation and is concerned with action or performance

  Correct Answer   Operational control

  Your Answer   Premise control

 

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

  Correct Answer   False

  Your Answer   True

 

 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   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

 

 Match The FollowingQuestion Correct Answer Your Answer

Top level Executives Taking decisions regarding efficient and effective allocation of resources

Ensuring proper tactical changes

Executive summary Synopsis of marketing plan Synopsis of marketing plan

Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions

Middle- level Managers Ensuring proper tactical changes Taking decisions regarding efficient and effective allocation of resources

 

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

  Correct Answer   True

  Your Answer   False

 

 Multiple Choice Single Answer  Question   Secondary sources of information are

  Correct Answer   newspapers, magazines, journals etc.

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  Your Answer   newspapers, magazines, journals etc.

 

 Multiple Choice Multiple Answer  Question   Money is invested by way of

  Correct Answer   Debt , Equity

  Your Answer   Debt , Risk , Equity

 

 Select The Blank  Question   Control should involve________ amount of information.

  Correct Answer   Minimum

  Your Answer   Maximum

 

 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

 

 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   Macro environment has got immediate impact on business.

  Correct Answer   False

  Your Answer   False

 

 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   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental targets & objective process

 

 Multiple Choice Single Answer  Question   Mass media includes

  Correct Answer   radio, TV, internet etc.

  Your Answer   newspapers, magazines, journals etc.

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

  Correct Answer   False

  Your Answer   True

  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 FollowingQuestion 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   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

 

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  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

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

  Your Answer   uneconomical separate existence , sharing competence of each other , monopoly of one company

  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   Mission

  Correct Answer   philosophy, public image

  Your Answer   target

  Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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   Denominator management

  Correct Answer   cost reduction

  Your Answer   cost reduction

 

 Multiple Choice Single Answer  Question   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   controlling

 

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

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  Correct Answer   Motivation

  Your Answer   Motivation

 

 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 , Only factor determing it's success or failure , may result in disaster if inappropriate

 

 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   Factors determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

 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   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

 

 Match The FollowingQuestion Correct Answer Your Answer

Decision making Managers to develop the courage to make unconventional decisions

Managers to develop the courage to make unconventional decisions

Social Responsibility Managers to maintain high ethical standards Managers to maintain high ethical standards

Lateral thinking Managers to learn to deal with chaotic situations Managers to learn to deal with chaotic situations

Responsiveness Managers to provide speedy responses to environmental changes

Managers to provide speedy responses to environmental changes

 

 Select The Blank  Question   Make or buy decision is related with ________strategy.

  Correct Answer   vertical ( backward ) integration

  Your Answer   vertical ( backward ) integration

 

 True/False

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

  Correct Answer   False

  Your Answer   True

 

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

  Correct Answer   False

  Your Answer   False

 

 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   ambiguity

 

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

  Correct Answer   Crisis

  Your Answer   Crisis

 

 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   Horizontal integration is concerned with

  Correct Answer   product lines

  Your Answer   product lines

 

 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

 

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

  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

 

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

  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   Research and planning , Forecasting , Departmentalisation

 

 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   In SWOT , S stands for

  Correct Answer   favorable condition in the organization's environment.

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  Your Answer   Strategy

 

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

  Correct Answer   core competence

  Your Answer   mission

 

 Multiple Choice Multiple Answer  Question   Measures to take corrective action

  Correct Answer   Checking performance , Reformulate strategies , Standard check

  Your Answer   Checking performance , Formulate plans , Reformulate strategies

 

 True/False  Question   All policies are 'statements'

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Multiple Answer  Question   An unhealthy portfolio has

  Correct Answer   More dogs , Few stars

  Your Answer   More dogs

 

 Multiple Choice Multiple Answer  Question   market research is conducted by

  Correct Answer   by employees , by research agencies , by consultants

  Your Answer   by research agencies , by rivals , by consultants

 

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

  Correct Answer   True

  Your Answer   True

 

 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 Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

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  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

 

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

  Correct Answer   vision

  Your Answer   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

 

 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   Niche marketing means

  Correct Answer   end user specialist , specific customer specialist , geographic specialist

  Your Answer   end user specialist , specific customer specialist , research specialist

 

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

  Correct Answer   True

  Your Answer   False

 

 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

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   product performance analysis

 

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

  Correct Answer   False

  Your Answer   True

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 Multiple Choice Multiple Answer  Question   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   policies , procedures , corporate strategy

 

 Select The Blank  Question   Economics of scale requires ________.

  Correct Answer   high market share

  Your Answer   high market share

 

 Multiple Choice Single Answer  Question   Contractual entry modes are

  Correct Answer   licensing / franchising

  Your Answer   licensing / franchising

 

 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

 

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

  Correct Answer   False

  Your Answer   False

 

 Match The FollowingQuestion 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.

 

 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   challenge

 

 Multiple Choice Multiple Answer  Question   Core ideology

  Correct Answer   core values , core purpose

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  Your Answer   core values , core purpose , ideas and suggestions

 

 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 Multiple Answer  Question   Business is rated on which dimensions

  Correct Answer   Market attractiveness , Business strength

  Your Answer   Market attractiveness , Business strength , Competition level

 

 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   Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by

the

  Correct Answer   Environment Protection Act

  Your Answer   Law

 

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

  Correct Answer   Traditional

  Your Answer   Traditional

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   product performance analysis

 

 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   ambitions in proportion to their existing resources & capabilities , what the organization strives for. , concept of optimization

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 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   Strategic evaluation determines the effectiveness of ________

  Correct Answer   Strategy

  Your Answer   Strategy

 

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

  Correct Answer   False

  Your Answer   True

 

 Match The FollowingQuestion Correct Answer Your Answer

Comparative analysis is historical analysis Reengineering

Benchmarking is competitive analysis competitive analysis

Michael Hammer & James Chapy Reengineering value chain analysis

GDP stands for gross domestic product gross domestic product

 

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

  Correct Answer   True

  Your Answer   True

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 Multiple Choice Single Answer

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  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 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   The decisions which are applied to structured or routine problems are

  Correct Answer   programmed decisions

  Your Answer   programmed decisions

 

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

  Correct Answer   False

  Your Answer   True

 

 Select The Blank  Question   ________ models can be described as a system that describe how pieces of business fit together.

  Correct Answer   Business

  Your Answer   Modular

 

 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   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   Environmental competitiveness tends to encourage ethical behaviour.

  Correct Answer   False

  Your Answer   False

  LIST OF ATTEMPTED QUESTIONS AND ANSWERS  

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    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

 

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  Your Answer   True

  Match The FollowingQuestion 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

  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   Premise control

  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   availability of buyers , market reaction , willingness of employees

 

 Match The FollowingQuestion Correct Answer Your Answer

Board of Directors Link between company & external environment Link between company & external environment

Profit centers S.B.U. s Profit making organizations

S.B.U.s are more focused on their Product line/business Product line/business

Manufacturing strategy Productivity Productivity

 

 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   The aim in stability strategies is-

  Correct Answer   move slowly & surely

  Your Answer   move slowly & surely

 

 Multiple Choice Single Answer  Question   W in SWOT stands for

  Correct Answer   inherent inadequacy of organization

  Your Answer   weakness of competitors

 

 Multiple Choice Single Answer

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  Question   Mass media includes

  Correct Answer   radio, TV, internet etc.

  Your Answer   radio, TV, internet etc.

 

 Multiple Choice Single Answer  Question   This strategic posture plays a leadership role in establishing how the industry operates

  Correct Answer   Shapers

  Your Answer   Shapers

 

 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

 

 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   It concentrates on organisation design and work flow

  Correct Answer   Flotilla

  Your Answer   Flotilla

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

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

  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 Multiple Answer  Question   The reasons for acquisition are

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

  Your Answer   Increased market power , Increased speed to market , Encourage excessive competition

 

 Multiple Choice Multiple Answer  Question   Attack strategies are

  Correct Answer   frontal attack , flank attack , encirclement attack

  Your Answer   frontal attack , flank attack , encirclement attack

 

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

  Correct Answer   Systems

  Your Answer   Modern Accounting

 

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

  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

 

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

  Correct Answer   False

  Your Answer   False

 

 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

 

 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   Board of directors

 

 Select The Blank  Question   Control should involve________ amount of information.

  Correct Answer   Minimum

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  Your Answer   Maximum

 

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

  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

 

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

  Correct Answer   False

  Your Answer   True

 

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

  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

 

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

  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   expansion strategy

 

 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.

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

  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

 

 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   Micro environment is the internal environment of a company.

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Multiple Answer  Question   These following factors determine the desire of risk

  Correct Answer   Strategies , Resources

  Your Answer   Strategies , Competence , Time

 

 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

  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

 

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 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

  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   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

 

 True/False

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  Question   Reciprocal responsibility means equal blames and credit.

  Correct Answer   False

  Your Answer   False

 

 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.

 

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

  Correct Answer   True

  Your Answer   True

 

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

  Correct Answer   True

  Your Answer   True

 

 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   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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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   Core ideology

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  Correct Answer   core values , core purpose

  Your Answer   core purpose , core values

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-discipline

 

 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   Crisis

 

 Match The FollowingQuestion 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in external environment.

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which

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influence overall value of the firm is

  Correct Answer   Capital structure planning

  Your Answer   Capital structure planning

 

 Multiple Choice Multiple Answer  Question   The various areas covered by social responsibility are

  Correct Answer   Outer Circle , Inner Circle , Intermediate circle

  Your Answer   Inner Circle , Intermediate circle , Outer Circle

 

 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   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   No-regret moves

  Your Answer   No-regret moves

 

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

  Correct Answer   horizontal

  Your Answer   vertical ( forward)

 

 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

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  Your Answer   Emergency alert contriol

 

 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 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

 

 Match The FollowingQuestion Correct Answer Your Answer

Decision making Managers to develop the courage to make unconventional decisions

Managers to develop the courage to make unconventional decisions

Social Responsibility Managers to maintain high ethical standards Managers to maintain high ethical standards

Lateral thinking Managers to learn to deal with chaotic situations Managers to learn to deal with chaotic situations

Responsiveness Managers to provide speedy responses to environmental changes

Managers to provide speedy responses to environmental changes

 

 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 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   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

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments

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  Correct Answer   Reserve the right to play

  Your Answer   Reserve the right to play

 

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

  Correct Answer   False

  Your Answer   False

 

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

  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

 

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

  Correct Answer   True

  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

 

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  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

  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   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

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   In SWOT , S stands for

  Correct Answer   favorable condition in the organization's environment.

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  Your Answer   favorable condition in the organization's environment.

 

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

  Correct Answer   True

  Your Answer   True

 

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

  Correct Answer   True

  Your Answer   True

 

 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   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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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   Core ideology

  Correct Answer   core values , core purpose

  Your Answer   core purpose , core values

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-discipline

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 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   Crisis

 

 Match The FollowingQuestion 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in external environment.

 

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

  Correct Answer   False

  Your Answer   False

 

 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 various areas covered by social responsibility are

  Correct Answer   Outer Circle , Inner Circle , Intermediate circle

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  Your Answer   Inner Circle , Intermediate circle , Outer Circle

 

 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   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   No-regret moves

  Your Answer   No-regret moves

 

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

  Correct Answer   horizontal

  Your Answer   vertical ( forward)

 

 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   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.

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 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

 

 Match The FollowingQuestion Correct Answer Your Answer

Decision making Managers to develop the courage to make unconventional decisions

Managers to develop the courage to make unconventional decisions

Social Responsibility Managers to maintain high ethical standards Managers to maintain high ethical standards

Lateral thinking Managers to learn to deal with chaotic situations Managers to learn to deal with chaotic situations

Responsiveness Managers to provide speedy responses to environmental changes

Managers to provide speedy responses to environmental changes

 

 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 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   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

 

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

  Correct Answer   False

  Your Answer   False

 

 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   Acquisitions which are friendly are termed as "take-overs".

  Correct Answer   False

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  Your Answer   False

 

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

  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

 

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

  Correct Answer   True

  Your Answer   True

  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

 

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  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 FollowingQuestion 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 performance

Difference between desired and projected 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

 

 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   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   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in internal environment.

 

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

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  Correct Answer   Systems

  Your Answer   Systems

 

 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   Critical resources in the emerging information age are

  Correct Answer   Information , Expertise , Intelligence

  Your Answer   Capital , Information , Expertise

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-discipline

 

 Multiple Choice Single Answer  Question   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 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   ________ 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   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   Criteria for making an evaluation are

  Correct Answer   Consistency with goals , Consistency with environment , Money

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  Your Answer   Consistency with goals , Consistency with environment , Knowledge

 

 Multiple Choice Single Answer  Question   Core purpose

  Correct Answer   mission

  Your Answer   mission

 

 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

 

 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   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 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   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   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   Contractual entry modes are

  Correct Answer   licensing / franchising

  Your Answer   licensing / franchising

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

  Correct Answer   False

  Your Answer   False

 

 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 is used extensively in organisation and is concerned with action or performance

  Correct Answer   Operational control

  Your Answer   Premise control

 

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

  Correct Answer   False

  Your Answer   True

 

 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   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

 

 Match The FollowingQuestion Correct Answer Your Answer

Top level Executives Taking decisions regarding efficient and effective allocation of resources

Ensuring proper tactical changes

Executive summary Synopsis of marketing plan Synopsis of marketing plan

Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions

Middle- level Managers Ensuring proper tactical changes Taking decisions regarding efficient and effective allocation of resources

 

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

  Correct Answer   True

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  Your Answer   False

 

 Multiple Choice Single Answer  Question   Secondary sources of information are

  Correct Answer   newspapers, magazines, journals etc.

  Your Answer   newspapers, magazines, journals etc.

 

 Multiple Choice Multiple Answer  Question   Money is invested by way of

  Correct Answer   Debt , Equity

  Your Answer   Debt , Risk , Equity

 

 Select The Blank  Question   Control should involve________ amount of information.

  Correct Answer   Minimum

  Your Answer   Maximum

 

 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

 

 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   Macro environment has got immediate impact on business.

  Correct Answer   False

  Your Answer   False

 

 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   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental targets & objective process

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 Multiple Choice Single Answer  Question   Mass media includes

  Correct Answer   radio, TV, internet etc.

  Your Answer   newspapers, magazines, journals etc.

 

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

  Correct Answer   False

  Your Answer   True

  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

 

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 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 FollowingQuestion Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

 

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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 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   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   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Employess , Resources

 

 Multiple Choice Multiple Answer  Question   Factors determining HRP (Human Resource Planning )

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  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

 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   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 major part of strategy implementation is

  Correct Answer   resource allocation

  Your Answer   resource allocation

 

 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 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   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

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

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  Your Answer   Self-Appraisal

 

 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   Performance is affected by

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

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

 

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

  Correct Answer   True

  Your Answer   True

 

 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   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

 

 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

Page 353: SCD - Strategic  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   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

 

 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

 

 Match The FollowingQuestion 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 strategies

Life cycle considerations

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

 

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

  Correct Answer   False

Page 354: SCD - Strategic  Management

  Your Answer   False

 

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

  Correct Answer   Operational control

  Your Answer   Operational control

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   False

  Your Answer   True

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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

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 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   It concentrates on organisation design and work flow

  Correct Answer   Flotilla

  Your Answer   Systems approach

 

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

  Correct Answer   Labour

  Your Answer   Infrastructure

  Marks : 2 

37. These following factors determine the desire of risk

   a)

b)

c)

d)

Strategies

Resources

Competence

Time

Capital or labour is the scarcest resource

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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

Multiple Choice Single AnswerQuestion It is designed to monitor a broad range of events inside andoutside the company that are likely to threaten a firm's strategyCorrect Answer Strategic surveillanceYour Answer Strategic surveillance

Select The BlankQuestion The benefits of a change in process are defined in terms of________ cost savingsCorrect Answer LabourYour Answer Labour

Multiple Choice Single AnswerQuestion The process of forecasting an organization's future demands for andsupply of right type of people in right number isCorrect Answer Man-power planningYour Answer Man-power planning

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effectivestrategic managementCorrect Answer Conceptual, human & intellectual skills , Decision makingability , VisionYour Answer Conceptual, human & intellectual skills , Decision makingability , Vision

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Multiple Choice Single AnswerQuestion Magnitude of the decision outcome and scope of their impact on thedecision maker's domain of activity isCorrect Answer significanceYour Answer risk

Multiple Choice Multiple AnswerQuestion The culture of a company is conveyed throughCorrect Answer Rites , Myths , RitualsYour Answer Rites , Myths , Rituals

Multiple Choice Single AnswerQuestion Degree to which the decision maker is accountable for the outcomesof the decision isCorrect Answer accountabilityYour Answer accountability

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

True/FalseQuestion Business ethics is how personal norms do not apply to activities &goals of a commercial firm.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Empower people through great software anytime , any place, on anydevice'- MicrosoftCorrect Answer visionYour Answer vision

Multiple Choice Multiple AnswerQuestion supplier & technological environment is concerned withCorrect Answer quality & no. of suppliers , logistics , raw material ,trends and rate of change of technologyYour Answer quality & no. of suppliers , logistics , raw material

Select The BlankQuestion Factors leading to personnel capability are________.Correct Answer IR, OBYour Answer IR, OB

Select The BlankQuestion ________ models can be described as a system that describe howpieces of business fit together.Correct Answer BusinessYour Answer Circular

True/FalseQuestion Budgets are plans expressed in numerical terms usually in financialtermsCorrect Answer TrueYour Answer True

True/FalseQuestion Micro environment is the internal environment of a company.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion The strategies which deal with the relative and restricted functionfor allocation of resources isCorrect Answer Funcational streategiesYour Answer Funcational streategies

True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion The control process requires the following types of informationCorrect Answer Planned performance , Variances , ReasonsYour Answer Planned performance , Variances , Reasons

Match The FollowingQuestion Correct Answer Your Answer

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

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

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

Multiple Choice Single AnswerQuestion Knowledge of the relationships between choices, environment &outcomes isCorrect Answer familiarityYour Answer complexity

Select The BlankQuestion A cycling accessory firm strive to become 'the nike of the cyclingindustry' is ________category of goal.Correct Answer role modelYour Answer role model

Multiple Choice Single AnswerQuestion CAP related to internal appraisal of firm stands forCorrect Answer competitive advantage profileYour Answer competitive advantage profile

Select The BlankQuestion Control should involve________ amount of information.Correct Answer MinimumYour Answer Maximum

Multiple Choice Multiple AnswerQuestion How does 'structure' reduce external uncertainity arising out ofhuman behaviourCorrect Answer Research and planning , ForecastingYour Answer Research and planning , Forecasting

Multiple Choice Multiple AnswerQuestion supplier & technological environment is concerned withCorrect Answer quality & no. of suppliers , logistics , raw material ,trends and rate of change of technologyYour Answer quality & no. of suppliers , logistics , raw material

Select The BlankQuestion ________ is a modern plant consisting of modules centered around astage in the production processCorrect Answer Flotilla conceptYour Answer Flotilla concept

Multiple Choice Single AnswerQuestion A Large-scale community development project was funded to enablefarmers to use local resources effectively byCorrect Answer Asian PaintsYour Answer Asian Paints

True/FalseQuestion Three C's affecting today's companies are customer, competition &changeCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , proceduresYour Answer policies , procedures

Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets

Select The BlankQuestion Factors leading to personnel capability are________.Correct Answer IR, OBYour Answer IR, OB

Multiple Choice Multiple AnswerQuestion The reasons for acquisition areCorrect Answer Increased market power , Increased diversification ,Increased speed to marketYour Answer Increased market power , Increased speed to market

Select The BlankQuestion Economics of scale requires ________.

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Correct Answer high market shareYour Answer high market share

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

Select The BlankQuestion ________ should have the ability to develop a visionto see patternsinto the future.Correct Answer LeadersYour Answer Leaders

Select The BlankQuestion Modern Accounting uses ________ as a unit of measureCorrect Answer TimeYour Answer Time

Match The FollowingQuestion Correct Answer Your Answer

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

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

Alternate futures Option valuation model Fit well but low opportunities

Staffing Acquiring human resources Acquiring human resources

Multiple Choice Single AnswerQuestion Denominator managementCorrect Answer cost reductionYour Answer establish rapport with competitors

Multiple Choice Multiple AnswerQuestion Business is rated on which dimensionsCorrect Answer Market attractiveness , Business strengthYour Answer Profit margin , Competition level

True/FalseQuestion Adapter duplicate the leader and claim to be similar or even thesame.Correct Answer FalseYour Answer False

True/FalseQuestion Focused company is generally protected from competition.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect Answer dividing environment into sectors , sub factors , analyzeimpact of each sector & sub factor on organization , description of impact ofeach subfactor into a statement which is positive, neutral or negative.Your Answer dividing environment into sectors , sub factors , analyze impactof each sector & sub factor on organization , description of impact of eachsubfactor into a statement which is positive, neutral or negative.

Multiple Choice Single AnswerQuestion Vertical integration is concerned withCorrect Answer supply chainYour Answer production process

Multiple Choice Multiple AnswerQuestion These following factors determine the desire of riskCorrect Answer Strategies , ResourcesYour Answer Resources , Time

True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False

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  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 FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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

 

Page 360: SCD - Strategic  Management

  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

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  Correct Answer   Top Management

  Your Answer   Top Management

 

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

  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

 

 Multiple Choice Multiple Answer  Question   Money is invested by way of

  Correct Answer   Debt , Equity

  Your Answer   Debt , Equity , Return

 

 Multiple Choice Multiple Answer  Question   Macro environment

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

  Your Answer   socio-cultural , economic-demographic , technology

 

 Multiple Choice Single Answer  Question   Horizontal integration is concerned with

  Correct Answer   product lines

  Your Answer   product lines

 

 Select The Blank  Question   Module of Flotilla strikes an optimum balance of ________ and flexibility

  Correct Answer   Standardisation

  Your Answer   Standardisation

 

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   product performance analysis

  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

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

 

 Multiple Choice Multiple Answer  Question   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Rites , Rituals , Style

  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   Various phases of Growth are

  Correct Answer   Creativity , Delegation , Co-ordination

  Your Answer   Creativity , Delegation , Co-ordination

 

 Select The Blank  Question   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   general agreement on trade & tariff

 

 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   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

 

 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 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

 

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 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 FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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

 

 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 , local model

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 Match The FollowingQuestion Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis competitive analysis

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Michael Hammer & James Chapy Reengineering Reengineering

GDP stands for gross domestic product gross domestic product

 

 Multiple Choice Single Answer  Question   It is used extensively in organisation and is concerned with action or performance

  Correct Answer   Operational control

  Your Answer   Operational control

 

 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   Changes in company structure also necessitates changes in the systems in various degrees

  Correct Answer   True

  Your Answer   True

 

 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 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

 

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

  Correct Answer   Ethics

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  Your Answer   Ethics

 

 Multiple Choice Single Answer  Question   An approach that strives to follow ethical principles and percepts is

  Correct Answer   Moral management

  Your Answer   Moral management

 

 Select The Blank  Question   Factors leading to personnel capability are________.

  Correct Answer   IR, OB

  Your Answer   IR, OB

 

 Multiple Choice Single Answer  Question   Expansion strategy means

  Correct Answer   growth

  Your Answer   growth

 

 Multiple Choice Multiple Answer  Question   Critical resources in the emerging information age are

  Correct Answer   Information , Expertise , Intelligence

  Your Answer   Capital , Information , Expertise

 

 Multiple Choice Single Answer  Question   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

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

  Correct Answer   True

  Your Answer   True

  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

 

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  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

  Correct Answer   Checking performance , Reformulate strategies , Standard check

  Your Answer   Checking performance , Reformulate strategies , Standard check

 

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

  Correct Answer   programmed decisions

  Your Answer   programmed decisions

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation

  Your Answer   Control mechanism , Departmentalisation , Specialisation

 

 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

 

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

  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

 

 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   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in external environment.

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 Multiple Choice Multiple Answer

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  Question   Money is invested by way of

  Correct Answer   Debt , Equity

  Your Answer   Risk , Equity , Return

 

 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

 

 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 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   HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.

  Correct Answer   False

  Your Answer   False

 

 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   Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.

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  Correct Answer   Co-ordination

  Your Answer   Co-operation

 

 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   Emotional quotient

 

 Select The Blank  Question   ________ identifies the impact of any change on performance

  Correct Answer   Statistical quality control

  Your Answer   Statistical quality control

 

 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   Bajaj started manufacturing of sunny is an example of ________.

  Correct Answer   concentration strategy

  Your Answer   concentration strategy

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Some fit and some misfit

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

 

 Multiple Choice Single Answer  Question   A pictorial depiction of various outcomes of a decision is

  Correct Answer   decision tree

  Your Answer   decision tree

 

 Multiple Choice Single Answer

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  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 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   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

  Your Answer   Question marks , Stars , Cash cowsCash cowsc

 

 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

 

 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   Export entry modes are

  Correct Answer   direct/indirect export

  Your Answer   direct/indirect export

 

 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   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-Appraisal

 

 Match The FollowingQuestion Correct Answer Your Answer

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Executive summary Synopsis of marketing plan Marketing goals

Line Managers Responsibility Ensuring Implementation of marketing actions customized marketing

Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions

Top level Executives Taking decisions regarding efficient and effective allocation of resources

Taking decisions regarding efficient and effective allocation of resources

 

 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

 

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

  Correct Answer   False

  Your Answer   True

 

 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 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 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

 

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 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

 

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  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 FollowingQuestion 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 Multiple Answer  Question   Macro environment

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

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

 

 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   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Employess , Resources

 

 Multiple Choice Multiple Answer  Question   Factors determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

 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   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 major part of strategy implementation is

  Correct Answer   resource allocation

  Your Answer   resource allocation

 

 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 Single Answer  Question   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

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  Your Answer   unfavorable conditions in external environment.

 

 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

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-Appraisal

 

 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   Performance is affected by

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

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

 

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

  Correct Answer   True

  Your Answer   True

 

 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   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

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 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

 

 Multiple Choice Multiple Answer

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  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

 

 Match The FollowingQuestion 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 strategies

Life cycle considerations

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

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   Operational control

  Your Answer   Operational control

 

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

  Correct Answer   False

  Your Answer   False

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

  Correct Answer   False

  Your Answer   True

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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 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   It concentrates on organisation design and work flow

  Correct Answer   Flotilla

  Your Answer   Systems approach

 

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

  Correct Answer   Labour

  Your Answer   Infrastructure

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

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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

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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

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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

 

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  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

  Correct Answer   Checking performance , Reformulate strategies , Standard check

  Your Answer   Checking performance , Reformulate strategies , Standard check

 

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

  Correct Answer   programmed decisions

  Your Answer   programmed decisions

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation

  Your Answer   Control mechanism , Departmentalisation , Specialisation

 

 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

 

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

  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

 

 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   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   unfavorable conditions in external environment.

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 Multiple Choice Multiple Answer

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  Question   Money is invested by way of

  Correct Answer   Debt , Equity

  Your Answer   Risk , Equity , Return

 

 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

 

 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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 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   HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.

  Correct Answer   False

  Your Answer   False

 

 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   Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.

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  Correct Answer   Co-ordination

  Your Answer   Co-operation

 

 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   Emotional quotient

 

 Select The Blank  Question   ________ identifies the impact of any change on performance

  Correct Answer   Statistical quality control

  Your Answer   Statistical quality control

 

 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   Bajaj started manufacturing of sunny is an example of ________.

  Correct Answer   concentration strategy

  Your Answer   concentration strategy

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Some fit and some misfit

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

 

 Multiple Choice Single Answer  Question   A pictorial depiction of various outcomes of a decision is

  Correct Answer   decision tree

  Your Answer   decision tree

 

 Multiple Choice Single Answer

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  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 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   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

  Your Answer   Question marks , Stars , Cash cowsCash cowsc

 

 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

 

 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   Export entry modes are

  Correct Answer   direct/indirect export

  Your Answer   direct/indirect export

 

 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   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-Appraisal

 

 Match The FollowingQuestion Correct Answer Your Answer

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Executive summary Synopsis of marketing plan Marketing goals

Line Managers Responsibility Ensuring Implementation of marketing actions customized marketing

Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions

Top level Executives Taking decisions regarding efficient and effective allocation of resources

Taking decisions regarding efficient and effective allocation of resources

 

 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

 

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

  Correct Answer   False

  Your Answer   True

 

 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 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 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

 

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 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

 

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  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 FollowingQuestion 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 Multiple Answer  Question   Macro environment

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

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

 

 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   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Employess , Resources

 

 Multiple Choice Multiple Answer  Question   Factors determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

 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   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 major part of strategy implementation is

  Correct Answer   resource allocation

  Your Answer   resource allocation

 

 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 Single Answer  Question   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

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  Your Answer   unfavorable conditions in external environment.

 

 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

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer   Self-discipline

  Your Answer   Self-Appraisal

 

 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   Performance is affected by

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

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

 

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

  Correct Answer   True

  Your Answer   True

 

 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   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

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 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

 

 Multiple Choice Multiple Answer

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  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

 

 Match The FollowingQuestion 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 strategies

Life cycle considerations

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

 

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

  Correct Answer   False

  Your Answer   False

 

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

  Correct Answer   Operational control

  Your Answer   Operational control

 

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

  Correct Answer   False

  Your Answer   False

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

  Correct Answer   False

  Your Answer   True

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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 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   It concentrates on organisation design and work flow

  Correct Answer   Flotilla

  Your Answer   Systems approach

 

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

  Correct Answer   Labour

  Your Answer   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   Strategy

 

 Multiple Choice Single Answer  Question   Horizontal integration is concerned with

  Correct Answer   product lines

  Your Answer   product lines

 

 True/False

 

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  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 FollowingQuestion 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 performance

Difference between desired and projected 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

 

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

  Correct Answer   True

  Your Answer   True

 

 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

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 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   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   Strategic management is mainly the responsibility of

  Correct Answer   Top Management

  Your Answer   Top Management

 

 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   They have time based utility

  Correct Answer   Goals , Resources

  Your Answer   Goals , Resources

 

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

  Correct Answer   True

  Your Answer   True

 

 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

Page 397: SCD - Strategic  Management

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

  Correct Answer   vertical ( forward )

  Your Answer   vertical ( forward )

 

 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 , Encourage excessive competition

 

 Multiple Choice Multiple Answer  Question   market research is conducted by

  Correct Answer   by employees , by research agencies , by consultants

  Your Answer   by research agencies , by rivals , by consultants

 

 Multiple Choice Single Answer  Question   Vertical integration is concerned with

  Correct Answer   supply chain

  Your Answer   supply chain

 

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

  Correct Answer   Traditional

  Your Answer   Traditional

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Turnaround Strategies Retrenchments - either internally or externally Retrenchments - either internally or externally

 

 Select The Blank  Question   ETOP stands for ________.

  Correct Answer   environmental threat & opportunity profile

  Your Answer   environmental threat & opportunity profile

 

 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

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  Question   The tool used for future decision making in 'True Ambiguity' scenario is

  Correct Answer   Non-linear dynamic model

  Your Answer   Non-linear dynamic model

 

 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 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 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   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 Multiple Answer  Question   Harveststrategy is used for

  Correct Answer   Dogs , Question marks

  Your Answer   Dogs , Question marks

 

 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

 

 Multiple Choice Multiple Answer  Question   Attack strategies are

  Correct Answer   frontal attack , flank attack , encirclement attack

  Your Answer   frontal attack , flank attack , encirclement attack

 

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

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  Correct Answer   Flotilla concept

  Your Answer   Flotilla concept

 

 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   An approach that strives to follow ethical principles and percepts is

  Correct Answer   Moral management

  Your Answer   Moral management

 

 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

 

 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   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   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 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   Delay in ________ measurement defeats the purpose of evaluation.

  Correct Answer   Time

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  Your Answer   Time

 

 Select The Blank  Question   Module of Flotilla strikes an optimum balance of ________ and flexibility

  Correct Answer   Standardisation

  Your Answer   Standardisation

 

 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   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   internal analysis

 

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

  Correct Answer   True

  Your Answer   True

  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.

 

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  Correct Answer  

Co-ordination

  Your Answer   Co-ordination

  Match The FollowingQuestion Correct Answer Your Answer

Executive summary Synopsis of marketing plan Synopsis of marketing plan

Line Managers Responsibility Ensuring Implementation of marketing actions

Ensuring Implementation of marketing actions

Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes

Top level Executives Taking decisions regarding efficient and effective allocation of resources

Taking decisions regarding efficient 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

  Your Answer   IR, OB

  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

 

 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 Single Answer  Question   The tool used for future decision making in 'True Ambiguity' scenario is

  Correct Answer  

Non-linear dynamic model

  Your Answer   Non-linear dynamic model

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

  Correct Answer  

horizontal

  Your Answer   vertical ( forward)

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer  

Top Management

  Your Answer   Top Management

 

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

  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

  Multiple Choice Single Answer  Question   Expansion strategy means

  Correct Answer  

growth

  Your Answer   growth

 

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

  Correct Answer  

False

  Your Answer   False

  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

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

  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 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 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   It concentrates on organisation design and work flow

  Correct Answer  

Flotilla

  Your Answer   Flotilla

  Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer  

internal analysis

  Your Answer   internal analysis

 

 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   An approach that strives to follow ethical principles and percepts is

  Correct Answer  

Moral management

  Your Answer   Moral management

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

  Correct Answer  

vision

  Your Answer   vision

 

 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

 

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

  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 Multiple Answer  Question   Various phases of Growth are

  Correct Answer  

Creativity , Delegation , Co-ordination

  Your Answer   Creativity , Delegation , Co-ordination

 

 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   ETOP stands for ________.

  Correct Answer  

environmental threat & opportunity profile

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  Your Answer   environmental threat & opportunity profile

  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 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   All policies are 'statements'

  Correct Answer  

False

  Your Answer   False

 

 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 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

 

 Match The FollowingQuestion 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   Counterfeiter copy but with a difference that can be seen.

  Correct Answer  

False

  Your Answer   False

 

 Multiple Choice Multiple Answer

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  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  

 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   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

  Multiple Choice Multiple Answer  Question   Program is a combination of

  Correct Answer  

goals , policies , procedures

  Your Answer   goals , policies , procedures

 

 Multiple Choice Single Answer  Question   Export entry modes are

  Correct Answer  

direct/indirect export

  Your Answer   direct/indirect export

  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

 

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  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  

Page 408: SCD - Strategic  Management

   

 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 FollowingQuestion 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

 

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

  Correct Answer  

concentration strategy

  Your Answer   integration strategy

 

 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   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   They have time based utility

  Correct Answer  

Goals , Resources

  Your Answer   Goals , Employess , Resources

 

 Multiple Choice Multiple Answer  Question   Factors determining HRP (Human Resource Planning )

  Correct Answer  

Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

 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   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 major part of strategy implementation is

  Correct Answer  

resource allocation

  Your Answer   resource allocation

 

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 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 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   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

 

 Multiple Choice Single Answer  Question   Strategic management is mainly the responsibility of

  Correct Answer  

Top Management

  Your Answer   Top Management

 

 Select The Blank  Question   ________ and greater accountability replace formal control.

  Correct Answer  

Self-discipline

  Your Answer   Self-Appraisal

 

 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   Performance is affected by

  Correct Answer  

Distorted resource allocation , Inappropriate structure , Wrong motivational styles

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

 

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

  Correct Answer  

True

  Your Answer   True

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 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   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

 

 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

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  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

 

 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  

 Match The FollowingQuestion 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 strategies

Life cycle considerations

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

 

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

  Correct Answer  

False

  Your Answer   False

 

 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 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

Page 413: SCD - Strategic  Management

or negative.  

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

  Correct Answer  

Operational control

  Your Answer   Operational control

 

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

  Correct Answer  

False

  Your Answer   False

 

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

  Correct Answer  

False

  Your Answer   True

 

 Select The Blank  Question   Companies employ trained ________ to develop "competency models" to identify potential

leaders  Correct Answer  

Psychologists

  Your Answer   Psychologists

 

 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 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   It concentrates on organisation design and work flow

  Correct Answer  

Flotilla

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  Your Answer   Systems approach

 

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

  Correct Answer  

Labour

  Your Answer   Infrastructure

  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 FollowingQuestion 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

 

Page 415: SCD - Strategic  Management

  Question   Control should involve________ amount of information.

  Correct Answer   Minimum

  Your Answer   Minimum

  Match The FollowingQuestion 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

  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

  Multiple Choice Single Answer  Question   Core purpose

  Correct Answer   mission

  Your Answer   mission

  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

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

  Correct Answer   Leaders

  Your Answer   Leaders

 

 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 Multiple Answer

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  Question   Various phases of Growth are

  Correct Answer   Creativity , Delegation , Co-ordination

  Your Answer   Creativity , Delegation , Co-ordination

 

 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   Delay in ________ measurement defeats the purpose of evaluation.

  Correct Answer   Time

  Your Answer   Time

 

 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 Single Answer  Question   Strategic management deals with

  Correct Answer   Business process

  Your Answer   Business process

 

 Multiple Choice Multiple Answer  Question   Factors determining HRP (Human Resource Planning )

  Correct Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

  Your Answer   Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

 

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

  Correct Answer   True

  Your Answer   True

 

 Select The Blank  Question   Strategic evaluation determines the effectiveness of ________

  Correct Answer   Strategy

  Your Answer   Strategy

 

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

Page 417: SCD - Strategic  Management

  Correct Answer   True

  Your Answer   True

 

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

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Multiple Answer  Question   How does 'structure' reduce internal uncertainity arising out of human behaviour

  Correct Answer   Control mechanism , Departmentalisation , Specialisation

  Your Answer   Control mechanism , Departmentalisation , Specialisation

 

 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   ________ is the drive to achieve beyond one's expectations

  Correct Answer   Motivation

  Your Answer   Motivation

 

 Select The Blank  Question   ________ relationships are effective in communicating complex information

  Correct Answer   Personal

  Your Answer   Personal

 

 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   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 Multiple Answer  Question   They have time based utility

  Correct Answer   Goals , Resources

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  Your Answer   Goals , Resources

 

 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

 

 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   An approach that strives to follow ethical principles and percepts is

  Correct Answer   Moral management

  Your Answer   Moral management

 

 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   T in SWOT, refers to

  Correct Answer   unfavorable conditions in external environment.

  Your Answer   internal inadequacies

 

 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   Investment entry mode are

  Correct Answer   joint venture/independent ventures/subsidiaries

  Your Answer   joint venture/independent ventures/subsidiaries

 

 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

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 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   Knowledge of the relationships between choices, environment & outcomes is

  Correct Answer   familiarity

  Your Answer   familiarity

 

 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   Core ideology

  Correct Answer   core values , core purpose

  Your Answer   core values , core purpose

 

 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   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 Hallmarks for self-regulation are

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

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

 

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

  Correct Answer   False

  Your Answer   False

  LIST OF ATTEMPTED QUESTIONS AND ANSWERS  

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 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 FollowingQuestion 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

 

 Select The Blank  Question   Economics of scale requires ________.

  Correct Answer   high market share

 

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  Your Answer   high market share

 

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

  Correct Answer   vertical ( forward )

  Your Answer   horizontal

 

 Multiple Choice Single Answer  Question   The tool used for future decision making in 'True Ambiguity' scenario is

  Correct Answer   Non-linear dynamic model

  Your Answer   Non-linear dynamic model

 

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

  Correct Answer   vision

  Your Answer   vision

 

 Multiple Choice Multiple Answer  Question   Program is a combination of

  Correct Answer   goals , policies , procedures

  Your Answer   goals , policies , procedures

 

 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   The culture of a company is conveyed through

  Correct Answer   Rites , Myths , Rituals

  Your Answer   Rites , Myths , Rituals

 

 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

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 Multiple Choice Single Answer  Question   A major part of strategy implementation is

  Correct Answer   resource allocation

  Your Answer   resource allocation

 

 Select The Blank  Question   GATT stands for ________.

  Correct Answer   general agreement on trade & tariff

  Your Answer   general agreement on trade & tariff

 

 Select The Blank  Question   Module of Flotilla strikes an optimum balance of ________ and flexibility

  Correct Answer   Standardisation

  Your Answer   Standardisation

 

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

  Correct Answer   Psychologists

  Your Answer   Psychologists

 

 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   Arranging training program on productivity is a strategic decision.

  Correct Answer   False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   General Electric Matrix is divided into how many cells

  Correct Answer   9

  Your Answer   9

 

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

  Correct Answer   horizontal

  Your Answer   vertical ( forward)

 

 Multiple Choice Multiple Answer

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  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   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   Strategic management is concerned with

  Correct Answer   long- range planning

  Your Answer   long- range planning

 

 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   Changes in company structure also necessitates changes in the systems in various degrees

  Correct Answer   True

  Your Answer   True

 

 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

 

 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   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

 

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

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  Correct Answer   False

  Your Answer   False

 

 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   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   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.  

 Select The Blank  Question   Value chain analysis is an effective tool for ________.

  Correct Answer   internal analysis

  Your Answer   internal analysis

 

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

  Correct Answer   Traditional

  Your Answer   Traditional

 

 Match The FollowingQuestion Correct Answer Your Answer

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

Gap analysis Difference between desired and projected performance

Difference between desired and projected 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

 

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

  Correct Answer   True

  Your Answer   True

 

 Multiple Choice Multiple Answer

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

  Correct Answer   True

  Your Answer   True

 

 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 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   Criteria for making an evaluation are

  Correct Answer   Consistency with goals , Consistency with environment , Money

  Your Answer   Consistency with goals , Consistency with environment

 

 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

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 :-

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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.

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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

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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

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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.

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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 FollowingQuestion Correct Answer Your Answer

Multidivisional organizational structure

Portfolio management - Corporate culture

Cost control - Corporate culture

Single point structure Simple controls - Corporate culture

No bureaucratic controls

Departmental & organizational structure

Cost control - Corporate culture

Market share growth - Corporate culture

Multifunctional organizational structure

Market share growth - Corporate culture

Simple controls - Corporate culture

  Multiple Choice Multiple Answer  Question   Operational issues related to qualitative measures are :-

  Correct Answer  

Stability , Functional integrity , People as expenses

 

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  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 FollowingQuestion Correct Answer Your Answer

Cost of external failure The cost arising outside the organisation due to failure to achieve the quality specified after the transfer of ownership to the customer

The cost arising outside the organisation due to failure to achieve the quality specified after the transfer of ownership to the customer

Cost of prevention The cost of an action to prevent or reduce defects and failures

The cost of an action to prevent or reduce defects and failures

Cost of appraisal The cost of assessing the quality achieved

The cost of assessing the quality achieved

Cost of internal failure The costs arising within the organisation due to failure to achieve the quality specified before the transfer of ownership to the customer

The costs arising within the organisation due to failure to achieve the quality specified before the transfer of ownership to the customer

  True/False  Question   Strategic decision taking are not regular, routine and frequent.

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  Correct Answer  

True

  Your Answer   True

  Multiple Choice Single Answer  Question   Cross-boundary working is where employees of different corporate

cultures are required to work :-  Correct Answer  

Closely together

  Your Answer   Closely together

  Multiple Choice Single Answer  Question   Most important assets an organization has and their effective

management is the key to its success :-  Correct Answer  

People

  Your Answer   People

  Multiple Choice Single Answer  Question   The strategy mainly focus on how many things?

  Correct Answer  

Two

  Your Answer   Two

  Select The Blank  Question   The generalists should develop ________.

  Correct Answer  

At least one area of expertise

  Your Answer   Business skills

  Multiple Choice Multiple Answer  Question   As per a study, the human resource activities rated above 70

percent were :-  Correct Answer  

Workforce productivity , Team work , Employee education and training

  Your Answer   Team work

  True/False  Question   A variety of conflicts are embedded in QWL values.

  Correct Answer  

True

  Your Answer   True

 

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 Multiple Choice Single Answer  Question   Who need to be helped to develop the attitude and skills required

from information age ?  Correct Answer  

Employees

  Your Answer   Employees

  Select The Blank  Question   The majority of respondents commented on the negative features

of working in a political environment, including the adverse effects on job ________.

  Correct Answer  

Satisfaction

  Your Answer   Performance

  Select The Blank  Question   Good negotiating skills, communication skills and the ability to

persuade and ________ people at all levels.  Correct Answer  

Influence

  Your Answer   Manage

  Multiple Choice Multiple Answer  Question   Today survival depends on :-

  Correct Answer  

Competitiveness , Meeting customer needs , Meeting client needs

  Your Answer   Competitiveness , Meeting customer needs , Meeting client needs

  Multiple Choice Single Answer  Question   The chambers of 20th century dictionary describes strategy as :-

  Correct Answer  

Generalship

  Your Answer   Generalship

  Multiple Choice Multiple Answer  Question   What flourish in the shadow system?

  Correct Answer  

Grapevine , Political behaviour , Networks

  Your Answer   Political behaviour , Networks , Reward schemes

  Multiple Choice Multiple Answer  Question   In-Depth Questionnaires from Human Resource staff diagnose :-

  Correct Jobs , Activities , Conflicts

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Answer    Your Answer   Conflicts

  True/False  Question   If mergers are handled `professionally they can never backfire.

  Correct Answer  

False

  Your Answer   True

  True/False  Question   Flatter structures can reinforce the desire to hoard information.

  Correct Answer  

True

  Your Answer   False

  Multiple Choice Single Answer  Question   When the term strategy was began to emerge in business?

  Correct Answer  

In 1960's

  Your Answer   In 1960's

  Multiple Choice Single Answer  Question   The management thinking has developed over the last :-

  Correct Answer  

30 years

  Your Answer   50 years

  Multiple Choice Multiple Answer  Question   When companies cut back the following categories they create a

new set of problems :-  Correct Answer  

Managers , Technicians , Professionals

  Your Answer   Causal labour , Technicians

  Multiple Choice Multiple Answer  Question   The most cost effective approach is :-

  Correct Answer  

To identify core elements , Concentrate efforts on core elements

  Your Answer   To identify core elements , Concentrate efforts on core elements

  True/False  Question   QWL represents an image of the way people should relate to each

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other & to their organisation.  Correct Answer  

True

  Your Answer   True

  Multiple Choice Multiple Answer  Question   Change in the cultural area calls for an examination of norms and

values, using such group-based methods as :-  Correct Answer  

Action Research , Data Feedback , Team Building

  Your Answer   Action Research

  Multiple Choice Multiple Answer  Question   What type of culture which encourages firm?

  Correct Answer  

Flexibility , Change , Creativity

  Your Answer   Flexibility , Creativity

  Multiple Choice Single Answer  Question   In the strategic model phase 2 is :-

  Correct Answer  

Defining strategic opportunities

  Your Answer   Defining strategic opportunities

  Multiple Choice Single Answer  Question   What involves in improving the effectiveness of HR while reducing

cost?  Correct Answer  

Re-engineering

  Your Answer   Re-engineering

  Select The Blank  Question   ________ is a major contributor to employee uncertainty.

  Correct Answer  

Fear of the unknown

  Your Answer   Mergers

  True/False  Question   Gallup's Research related to employee retention, customer

satisfaction, productivity and profitability factors.  Correct Answer  

True

  Your Answer   True

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  Multiple Choice Multiple Answer  Question   Benchmarking allows organizations to identify where in their own

processes there is :-  Correct Answer  

Duplication , Waste , Superior practices

  Your Answer   Duplication , Waste , Superior practices

  Select The Blank  Question   ________ performance does not occur in a vaccum.

  Correct Answer  

High

  Your Answer   High

  Select The Blank  Question   Developing characteristics of people needed to run business in

________ .  Correct Answer  

Long term

  Your Answer   Long term

  Multiple Choice Multiple Answer  Question   Reward strategy will be concerned with:-

  Correct Answer  

Developing positive performance , Linking reward policies , Developing strong orientation

  Your Answer   Developing positive performance , Linking reward policies , Developing strong orientation  

 Multiple Choice Single Answer  Question   Who are criticized for developing training and development

strategies which do not match business priorities?  Correct Answer  

HR Teams

  Your Answer   OD Consultants

  True/False  Question   Competencies has been decoupled from employment.

  Correct Answer  

False

  Your Answer   False

  Multiple Choice Single Answer  Question   The technical changes will trigger a set of :-

  Correct Political issues

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Answer    Your Answer   Technical issues

  True/False  Question   QWL programs are not a vehicle for identifying & implementing

changes.  Correct Answer  

False

  Your Answer   False

  Select The Blank  Question   Strategic thinking is a ________ process.

  Correct Answer  

Continuing

  Your Answer   Planning

  Multiple Choice Single Answer  Question   The word Strategy is derived from which sphere ?

  Correct Answer  

Military sphere

  Your Answer   Military sphere

  Multiple Choice Single Answer  Question   Which systems need to complement each other for the success of

knowledge management?  Correct Answer  

IT & HR systems

  Your Answer   IT & HR systems

  True/False  Question   Organisations are attempting to integrate culture change

objectives with Career Planning.  Correct Answer  

False

  Your Answer   True

  Select The Blank  Question   Recent studies claim to have found a statically significant link

between 'bundles' of ________ and business performance.  Correct Answer  

HR policies

  Your Answer   HR policies

Strategic Management -2nd sem

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NEW Assignment

1) A Transnational Strategy includesa) Global learningb) Creative approach to managingc) 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 betweena) Employee & managementb) BoD & companyc) Employees & customersd) Customer & dealers

3) Mass media includesa) 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 -----integrationa) Vertical (forward)b) Vertical (backward)c) Horizontald) Diagonal

7) Make or buy decision is related with ------ strategya) vertical (backward) integrationb) horizontal integrationc) diagonal integrationd) vertical(forward) integration

8) Excelling in one market guarantees success in a new – TRUE / FALSE9) Adapter duplicate the leader and claim to be similar or even the same - – TRUE / FALSE

10) Vertical integration is concerned with a) Supply chainb) CRMc) Organization hierarchyd) Production process

11) Titan going into setting their own retail outlets , this is -- --integrationa) vertical (forward)b) vertical (backward)c) horizontald) diagonal

12) Expansion strategy meansa) Growthb) Development

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c) Increase in manpowerd) None of these

13) ---- identifies the impact of any change on performancea) Statistical Quality Controlb) Flotilla Conceptc) Systems Approachd) General Electric Model

14) S in SWOT stands fora) Strengths of competitorsb) Inherent capacity of organizationc) Strategy of organizationd) supervision

15) Attack Strategies are a) Frontal attackb) Flank attackc) Encirclement attackd) Enrichment attack

16) Core ideologya) Core valuesb) Core purposec) Ideas & suggestionsd) recommendation

17) Like roots of a tree ----- of organization is hidden from direct viewa) core competenceb) profitabilityc) good willd) mission

18) Michael porter suggested three business level strategies that a firm can pursue. They includea) Focusb) Differentiationc) Cost leadershipd) 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 usesb) New usersc) Geographical spreadd) More usage

20) A market leader can expand the total market bya) Geographical expansionb) More usage of productsc) New uses of productsd) adaptations

21) Divestiture is opposed to diversification – TRUE ?FALSE

22) Concentric diversification means

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a) new activity related to existing businessb) entirely new businessc) social activityd) expansion of existing business

23) Strategic management is mainly responsibility ofa) Lower managementb) Top managementc) Employeed) Government

24) Recovery situations includea) Temporary viabilityb) Survival possible but little potential for future growth existsc) Costs cannot be reduced and declining demandd) Excessive demand for a product

25) CAP related to internal appraisal of firm stands fora) Competitive advantage profileb) Central assessment programmec) Competency assessment processd) 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 skillsb) Decision making abilityc) Visiond) Communication skills

28) Niche marketing means

a) end user specialistb) specific customer specialistc) geographic specialistd) Research specialist

29) Market research is conducted bya) by employeesb) by research agenciesc) by rivalsd) by consultants

30) ---- cost accounting measures the cost of producing and ignores the cost of non-producing.a) Traditionalb) Formalc) Modernd) Mathematical

31) Consolidation strategy meansa) better profit strategyb) separation strategyc) partial differentiationd) move slowly & surely

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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 behavioura) Forecastingb) Control mechanismc) Departmentalizationd) specialization

38) Board of Directors of the company are

a) supreme authority which links company with environmentb) not involved in strategic planningc) final signatoryd) involved only in implementation of strategy

39) Middle managers are ---- in formulation of strategiesa) not actively involvedb) the only responsible membersc) active participants d) initiators

40) “Cost leadership” exhibits following qualitiesa) suppliers under control due to large volumeb) functional productsc) large customer based) substitutes are a major threat

41) Stretching over territories, broadening markets by a company is a form of ---- defensea) Mobileb) Flankc) Pre-emptived) position

42) Factors leading to personnel capabilitya) IR , OBb) CRMc) PRd) PRM

43) Levels of Strategy area) Corporate levelb) SBU levelc) Functional Leveld) Lower management level

44) A cycling accessory firm strive to become “the nike of the cycling industry” is ---category of goal. a) Role model

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b) Aggressivec) Qualitatived) target

45) Demographic Environment is concerned witha) population size, age, income, distribution of groups, family structureb) democracyc) geographical differencesd) cultural differences

46) Corporate strategy ensuresa) fit between the firm and its environmentb) close supervisionc) Economyd) Easy availability of resources

47) One Questions got repetitive from above questions48) One Question - missed out in copying the same

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LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion It is the process of selecting people for company positions and developing skills and abilities for assignments in the companyCorrect Answer StaffingYour Answer Staffing

Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer legal system, implementation, infrastructure , import-export , govt. policies, stability, philosophy of govt.

True/FalseQuestion Change in company structure from divisional to matrix also mean changes in the systems in various degreesCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The control process requires the following types of informationCorrect Answer Planned performance , Variances , ReasonsYour Answer Planned performance , Variances , Reasons

True/FalseQuestion Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer TrueYour Answer True

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Different kinds of information systems areCorrect Answer Operational level system , Knowledge level system , Management level systemYour Answer Operational level system , Knowledge level system , Management level system

True/FalseQuestion Divestiture is opposed to diversification.Correct Answer FalseYour Answer False

Select The BlankQuestion ________ is a modern plant consisting of modules centered around a stage in the production processCorrect Answer Flotilla conceptYour Answer Flotilla concept

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Multiple Choice Single AnswerQuestion Secondary sources of information areCorrect Answer newspapers, magazines, journals etc.Your Answer newspapers, magazines, journals etc.

True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False

Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Time

Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect Answer between a buyer and a seller , to avail tax concessions , to increase growth ratesYour Answer between a buyer and a seller , to avail tax concessions , to increase growth rates

Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Distorted resource allocation , Inappropriate structure , Wrong motivational stylesYour Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 description of impact of each subfactor into a statement which is positive, neutral or negative. , dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer internal transformation

Multiple Choice Single AnswerQuestion It is used extensively in organisation and is concerned with action or performanceCorrect Answer Operational controlYour Answer Operational control

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Select The BlankQuestion ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.Correct Answer Self-awarenessYour Answer Self-awareness

Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer Debt , EquityYour Answer Debt , Equity

Select The BlankQuestion ________ relationships are effective in communicating complex informationCorrect Answer PersonalYour Answer Personal

True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer TrueYour Answer True

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

True/FalseQuestion Environmental competitiveness tends to encourage ethical behaviour.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization

Match The FollowingQuestionCorrect AnswerYour AnswerComparative analysis ishistorical analysishistorical analysisBenchmarking iscompetitive analysiscompetitive analysisMichael Hammer & James ChapyReengineeringReengineeringGDP stands forgross domestic productgross domestic product

Multiple Choice Multiple Answer

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Question Competenncy models reveal three types of capabilitiesCorrect Answer Technical skills , Cognitive skills , Emotional Intelligence QuotientYour Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient

Multiple Choice Single AnswerQuestion 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 areCorrect Answer operational decisionsYour Answer operational decisions

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

Multiple Choice Single AnswerQuestion The process of forecasting an organization's future demands for and supply of right type of people in right number isCorrect Answer Man-power planningYour Answer Man-power planning

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False

True/FalseQuestion Staffing function applies to all company levels irrespective of levels of hierarchyCorrect Answer TrueYour Answer True

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

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer radio, TV, internet etc.

Multiple Choice Single AnswerQuestion

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Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

Multiple Choice Multiple AnswerQuestion Various phases of Growth areCorrect Answer Creativity , Delegation , Co-ordinationYour Answer Creativity , Delegation , Co-ordination

Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process

Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning

Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purposeYour Answer core values , core purpose

Select The BlankQuestion Displacing competitor is ________ category of goal.Correct Answer common enemyYour Answer common enemy

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets

Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization

Multiple Choice Multiple AnswerQuestion What is Statistical Quality Control(SQC)Correct Answer

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

Match The FollowingQuestionCorrect AnswerYour AnswerFitSWOT analysisSWOT analysisVisionwhat a company wishes to become or aspires to be.what a company wishes to become or aspires to be.missionwhat the company is and why it exists.what the company is and why it exists.BHAGbig headed audacious goalsbig headed audacious goals

Multiple Choice Single AnswerQuestion CAP related to internal appraisal of firm stands forCorrect Answer competitive advantage profileYour Answer competitive advantage profile

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LABELS: STRATEGIC MANAGEMENT

Strategic Management - 3

Multiple Choice Single AnswerQuestion It enables the strategists to take corrective action at the right timeCorrect Answer Premise control

True/FalseQuestion HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct Answer False

True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer True

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 AnswerQuestion Contractual entry modes areCorrect Answer licensing / franchising

Match The FollowingQuestionCorrect AnswerMarket follower areImitatorHorizontal integration meansAdditional product/service for same customers

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Vertical forward integration meansBecoming your own customerPosition defense meansFortification around one's territory

Multiple Choice Multiple AnswerQuestion supplier & technological environment is concerned withCorrect Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

Multiple Choice Single AnswerQuestion A Large-scale community development project was funded to enable farmers to use local resources effectively byCorrect Answer Asian Paints

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Multiple AnswerQuestion Measures to take corrective actionCorrect Answer Checking performance , Reformulate strategies , Standard check

Match The FollowingQuestionCorrect AnswerYour Answerstrategic alliances meanstwo or more entities join hands for mutual benefit.vertical forward integration meansbecoming your own customerhorizontal integration meansadditional product/service for same customersvertical backward integration meansbecoming your own supplier

Multiple Choice Single AnswerQuestion It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected eventsCorrect Answer Emergency alert contriol

Multiple Choice Multiple AnswerQuestion The various models of social responsibility areCorrect Answer Austere Model , Vendors Model , Civic Model

Multiple Choice Multiple AnswerQuestion Techniques used in environmental appraisal areCorrect Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

Multiple Choice Multiple AnswerQuestion What is Statistical Quality Control(SQC)Correct Answer Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process

True/FalseQuestion The super structure indicates ways in which company's tasks are integrated or coordinatedCorrect Answer True

Multiple Choice Multiple Answer

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

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top Management

Multiple Choice Multiple AnswerQuestion Limitations of Traditional cost accounting areCorrect Answer Assumes factory as an isolated entity , It measures only the cost of producing

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

Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect Answer between a buyer and a seller , to avail tax concessions , to increase growth rates

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

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

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

True/FalseQuestion Under functional strategics we have vertical fit & horizontal fit.Correct Answer True

Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , procedures

Multiple Choice Single AnswerQuestion T in SWOT, refers toCorrect Answer unfavorable conditions in external environment.

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

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

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Correct Answer True

Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.

Multiple Choice Multiple AnswerQuestion Different kinds of information systems areCorrect Answer Operational level system , Knowledge level system , Management level system

Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business process

Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer Traditional

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

Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer Psychologists

Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.

Select The BlankQuestion Like roots of a tree, ________of organization is hidden from direct view.Correct Answer core competence

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

Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital markets

Select The BlankQuestion A hardware manufacture enters into software is an example of ________ integration.Correct Answer horizontal

Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer Leaders

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

Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planning

Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Select The BlankQuestion In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.Correct Answer Delegation

Select The BlankQuestion ________ is the drive to achieve beyond one's expectationsCorrect Answer Motivation

Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer Debt , Equity

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Strategic Management - 2

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them isCorrect Answer CRMYour Answer CRM

Multiple Choice Multiple AnswerQuestion Various phases of Growth areCorrect Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination

Multiple Choice Multiple AnswerQuestion A Company's strategyCorrect 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

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer radio, TV, internet etc.

Select The BlankQuestion ________ and greater accountability replace formal control.Correct Answer Self-disciplineYour Answer Self-discipline

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Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence

True/FalseQuestion HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct Answer FalseYour Answer False

True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , procedures Your Answer goals , policies , procedures

Multiple Choice Multiple AnswerQuestion Strategic intentCorrect 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 Multiple AnswerQuestion Business is rated on which dimensionsCorrect Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength

Multiple Choice Single AnswerQuestion It enables the strategists to take corrective action at the right timeCorrect Answer Premise controlYour Answer Premise control

Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer LeadersYour Answer Leaders

Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization

True/FalseQuestion Changes in company structure also necessitates changes in the systems in various degreesCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Principles to manage strategic alliances areCorrect 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 AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer favorable condition in the organization's environment.

Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect 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 AnswerQuestion Horizontal integration is concerned withCorrect Answer product linesYour Answer product lines

Select The BlankQuestion ________ identifies the impact of any change on performanceCorrect Answer Statistical quality controlYour Answer Statistical quality control

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Multiple Choice Single AnswerQuestion They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implicationsCorrect Answer Board of directorYour Answer Board of director

Multiple Choice Single AnswerQuestion 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 areCorrect Answer operational decisionsYour Answer operational decisions

True/FalseQuestion Excelling in one market guarantees success in a new.Correct Answer FalseYour Answer False

True/FalseQuestion Analysis of variances leads to a plan for corrective actionCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity

Multiple Choice Single AnswerQuestion These are critical situations that occur unexpectedly and threaten the course of a firm's strategyCorrect Answer CrisisYour Answer Crisis

Match The FollowingQuestion Correct Answer Your Answer

Board of Directors Link between company & external environment Link between company & external environment

Profit centers S.B.U. s S.B.U. s

S.B.U.s are more focused on their Product line/business Product line/business

Manufacturing strategy Productivity Productivity

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False

True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion They have time based utilityCorrect Answer Goals , Resources Your Answer Goals , Resources

Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists

Multiple Choice Multiple AnswerQuestion The culture of a company is conveyed throughCorrect Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals

Select The BlankQuestion ________ is the company's most critical and scarest resource.Correct Answer CapitalYour Answer Capital

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True/FalseQuestion The super structure indicates ways in which company's tasks are integrated or coordinatedCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion 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

Select The BlankQuestion ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Operational level systems

Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committeeYour Answer Audit committee

Match The FollowingQuestion 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 AnswerQuestion It is the most important feature in the implementation of strategic managementCorrect Answer leadershipYour Answer leadership

Select The BlankQuestion ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.Correct Answer Self-awarenessYour Answer Self-awareness

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer internal transformation

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purpose Your Answer core values , core purpose

True/FalseQuestion Business ethics is how personal norms do not apply to activities & goals of a commercial firm.Correct Answer FalseYour Answer False

Select The BlankQuestion Economics of scale requires ________.

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Correct Answer high market shareYour Answer high market share

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LABELS: STRATEGIC MANAGEMENT

Strategic Management - 1

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committeeYour Answer Audit committee

Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer taxes , availability of buyers , market reactionYour Answer taxes , availability of buyers , market reaction

True/FalseQuestion Style of a company are the patterns of actions taken by members of top management over a period of timeCorrect Answer TrueYour Answer True

Select The BlankGATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer general agreement on trade & tariff

Multiple Choice Single AnswerIn SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer

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favorable condition in the organization's environment.

Multiple Choice Single AnswerAssociated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.

Multiple Choice Multiple AnswerThree important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Single AnswerStrategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

Multiple Choice Multiple AnswerStrategic intentCorrect 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 BlankJapan's major productivity gains are the results of social changes brought about by ________Correct Answer Statistical quality controlYour Answer Statistical quality control

Multiple Choice Multiple AnswerOrganizational models areCorrect Answer multinational model , international model , global organizational modelYour Answer multinational model , international model , global organizational model

Multiple Choice Single AnswerStrategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative. , dividing environment into sectors , sub factors

Match The FollowingCorrect AnswerYour AnswerMaintain strategystable environmentstable environmentMarket follower areimitatorimitatorMarket challenger arebypass attackbypass attackTurnaround strategy

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V.R.S.V.R.S.

Multiple Choice Multiple AnswerFactors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of business gets shared , sharing competence of each otherYour Answer uneconomical separate existence , sharing competence of each other , monopoly of one company

Multiple Choice Single AnswerStrategic management deals withCorrect Answer Business processYour Answer Business process

Multiple Choice Multiple AnswerHow does 'structure' reduce internal uncertainity arising out of human behaviourCorrect Answer Control mechanism , DepartmentalisationYour Answer Control mechanism , Departmentalisation , Specialisation

True/FalseArranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer True

Select The Blank________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Operational level systems

Multiple Choice Single AnswerCorporate strategy ensuresCorrect Answer fit between the firm and its environmentYour Answer Easy availability of resources

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LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity

Select The BlankQuestion Economics of scale requires ________.Correct Answer high market shareYour Answer high market share

Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer LeadersYour Answer Leaders

Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Time

Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of business gets shared , sharing competence of each otherYour Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer specialization

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True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True

Select The BlankQuestion ________ is the drive to achieve beyond one's expectationsCorrect Answer MotivationYour Answer Motivation

Multiple Choice Single AnswerQuestion The decisions which are applied to structured or routine problems areCorrect Answer programmed decisionsYour Answer programmed decisions

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity

Select The BlankQuestion Economics of scale requires ________.Correct Answer high market share

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Your Answer high market share

Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process

Match The FollowingQuestionCorrect AnswerYour AnswerComparative analysis ishistorical analysishistorical analysisBenchmarking iscompetitive analysisvalue chain analysisMichael Hammer & James ChapyReengineeringReengineeringGDP stands forgross domestic productgross domestic product

Multiple Choice Multiple AnswerQuestion Techniques used in environmental appraisal areCorrect Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mappingYour Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation , Dynamic modes and mapping

True/FalseQuestion Getting new users is a position defense strategy.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion How does 'structure' reduce external uncertainity arising out of human behaviourCorrect Answer Research and planning , ForecastingYour Answer Research and planning , Forecasting , Division of labour , Departmentalisation

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Select The BlankQuestion Bajaj started manufacturing of sunny is an example of ________.Correct Answer concentration strategyYour Answer integration strategy

Multiple Choice Multiple AnswerQuestion Macro environmentCorrect Answer Political- legal , socio-cultural , economic-demographicYour Answer Political- legal , socio-cultural , economic-demographic , technology

Select The BlankQuestion A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.Correct Answer role modelYour Answer role model

Multiple Choice Multiple AnswerQuestion They have time based utilityCorrect Answer Goals , ResourcesYour Answer Goals , Employess , Resources

Multiple Choice Multiple AnswerQuestion Factors determining HRP (Human Resource Planning )Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of informationYour Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

Multiple Choice Multiple AnswerQuestion market research is conducted byCorrect Answer by employees , by research agencies , by consultantsYour Answer by employees , by research agencies , by consultants

True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer

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TrueYour Answer True

Multiple Choice Single AnswerQuestion A major part of strategy implementation isCorrect Answer resource allocationYour Answer resource allocation

Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committeeYour Answer Audit committee

Multiple Choice Single AnswerQuestion T in SWOT, refers toCorrect Answer unfavorable conditions in external environment.Your Answer unfavorable conditions in external environment.

Multiple Choice Single AnswerQuestion It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departmentsCorrect Answer departmentationYour Answer departmentation

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

Select The BlankQuestion ________ and greater accountability replace formal control.Correct Answer Self-disciplineYour Answer Self-Appraisal

True/False

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Question Staffing function applies to all company levels irrespective of levels of hierarchyCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Distorted resource allocation , Inappropriate structure , Wrong motivational stylesYour Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

True/FalseQuestion Three C's affecting today's companies are customer, competition & changeCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning

Multiple Choice Single AnswerQuestion It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviourCorrect Answer CultureYour Answer Culture

Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer LeadersYour Answer Leaders

Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer

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Time

Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of business gets shared , sharing competence of each otherYour Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer specialization

True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True

Select The BlankQuestion ________ is the drive to achieve beyond one's expectationsCorrect Answer MotivationYour Answer Motivation

Multiple Choice Single AnswerQuestion The decisions which are applied to structured or routine problems areCorrect Answer programmed decisionsYour Answer programmed decisions

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

Multiple Choice Multiple AnswerQuestion

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Limitations of Traditional cost accounting areCorrect Answer Assumes factory as an isolated entity , It measures only the cost of producingYour Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure

Match The FollowingQuestionCorrect AnswerYour AnswerMarketing a productMass segmentationMass segmentationEnvironmental AnalysisSocial, Political, legal & technologySocial, Political, legal & technologySwot AnalysisMatching, converting, minimizing & avoiding strategiesLife cycle considerationsMarketing strategyLife cycle considerationsMatching, converting, minimizing & avoiding strategies

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

Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental threat & opportunity profile

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 AnswerQuestion

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Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Single AnswerQuestion It is used extensively in organisation and is concerned with action or performanceCorrect Answer Operational controlYour Answer Operational control

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

True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer True

Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists

True/FalseQuestion Style of a company are the patterns of actions taken by members of top management over a period of timeCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm isCorrect Answer Capital structure planningYour Answer

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Capital structure planning

Multiple Choice Single AnswerQuestion It concentrates on organisation design and work flowCorrect Answer FlotillaYour Answer Systems approach

Select The BlankQuestion The benefits of a change in process are defined in terms of ________ cost savingsCorrect Answer LabourYour Answer Infrastructure

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct Answer sharing competence of each other , uneconomical separate existence , risk of business gets shared Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

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

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 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 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

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

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 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 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

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

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

Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates

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Correct Answer Shapers Your Answer Shapers

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

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 These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Crisis

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

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

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

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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 True

Match The Following QuestionCorrect Answer Your Answer FitSWOT analysis first intensive target Visionwhat a company wishes to become or aspires to be. what a company wishes to become or aspires to be. missionwhat the company is and why it exists. what the company is and why it exists. BHAGbig headed audacious goals big headed audacious goals

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

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 True

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

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

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

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

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

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

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 The aim in stability strategies is- Correct Answer move slowly & surely Your Answer move slowly & surely

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,

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

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

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

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

Match The Following QuestionCorrect Answer Your Answer Comparative analysis ishistorical analysis value chain analysis Benchmarking iscompetitive analysis historical analysis Michael Hammer & James ChapyReengineering Reengineering GDP stands forgross domestic product gross domestic product

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

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

Strategic Management - 19

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity

Select The BlankQuestion Economics of scale requires ________.Correct Answer high market shareYour Answer high market share

Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer LeadersYour Answer Leaders

Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Time

Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures are

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

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer specialization

True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True

Select The BlankQuestion ________ is the drive to achieve beyond one's expectationsCorrect Answer MotivationYour Answer Motivation

Multiple Choice Single AnswerQuestion The decisions which are applied to structured or routine problems areCorrect Answer programmed decisionsYour Answer programmed decisions

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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Multiple Choice Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity

Select The BlankQuestion Economics of scale requires ________.Correct Answer high market shareYour Answer high market share

Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process

Match The FollowingQuestionCorrect AnswerYour AnswerComparative analysis ishistorical analysishistorical analysisBenchmarking iscompetitive analysisvalue chain analysisMichael Hammer & James ChapyReengineeringReengineeringGDP stands forgross domestic productgross domestic product

Multiple Choice Multiple AnswerQuestion Techniques used in environmental appraisal areCorrect Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mappingYour Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation , Dynamic modes and mapping

True/FalseQuestion

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Getting new users is a position defense strategy.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion How does 'structure' reduce external uncertainity arising out of human behaviourCorrect Answer Research and planning , ForecastingYour Answer Research and planning , Forecasting , Division of labour , Departmentalisation

Select The BlankQuestion Bajaj started manufacturing of sunny is an example of ________.Correct Answer concentration strategyYour Answer integration strategy

Multiple Choice Multiple AnswerQuestion Macro environmentCorrect Answer Political- legal , socio-cultural , economic-demographicYour Answer Political- legal , socio-cultural , economic-demographic , technology

Select The BlankQuestion A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.Correct Answer role modelYour Answer role model

Multiple Choice Multiple AnswerQuestion They have time based utilityCorrect Answer Goals , ResourcesYour Answer Goals , Employess , Resources

Multiple Choice Multiple AnswerQuestion Factors determining HRP (Human Resource Planning )Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of informationYour Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

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Multiple Choice Multiple AnswerQuestion market research is conducted byCorrect Answer by employees , by research agencies , by consultantsYour Answer by employees , by research agencies , by consultants

True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion A major part of strategy implementation isCorrect Answer resource allocationYour Answer resource allocation

Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committeeYour Answer Audit committee

Multiple Choice Single AnswerQuestion T in SWOT, refers toCorrect Answer unfavorable conditions in external environment.Your Answer unfavorable conditions in external environment.

Multiple Choice Single AnswerQuestion It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departmentsCorrect Answer departmentationYour Answer departmentation

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility of

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Correct Answer Top ManagementYour Answer Top Management

Select The BlankQuestion ________ and greater accountability replace formal control.Correct Answer Self-disciplineYour Answer Self-Appraisal

True/FalseQuestion Staffing function applies to all company levels irrespective of levels of hierarchyCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Distorted resource allocation , Inappropriate structure , Wrong motivational stylesYour Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

True/FalseQuestion Three C's affecting today's companies are customer, competition & changeCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning

Multiple Choice Single AnswerQuestion It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviourCorrect Answer CultureYour Answer Culture

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Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer LeadersYour Answer Leaders

Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Time

Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of business gets shared , sharing competence of each otherYour Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer specialization

True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True

Select The BlankQuestion ________ is the drive to achieve beyond one's expectationsCorrect Answer MotivationYour Answer Motivation

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

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programmed decisionsYour Answer programmed decisions

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

Multiple Choice Multiple AnswerQuestion Limitations of Traditional cost accounting areCorrect Answer Assumes factory as an isolated entity , It measures only the cost of producingYour Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure

Match The FollowingQuestionCorrect AnswerYour AnswerMarketing a productMass segmentationMass segmentationEnvironmental AnalysisSocial, Political, legal & technologySocial, Political, legal & technologySwot AnalysisMatching, converting, minimizing & avoiding strategiesLife cycle considerationsMarketing strategyLife cycle considerationsMatching, converting, minimizing & avoiding strategies

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

Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental threat & opportunity profile

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Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Single AnswerQuestion It is used extensively in organisation and is concerned with action or performanceCorrect Answer Operational controlYour Answer Operational control

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

True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer True

Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists

True/FalseQuestion

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Style of a company are the patterns of actions taken by members of top management over a period of timeCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm isCorrect Answer Capital structure planningYour Answer Capital structure planning

Multiple Choice Single AnswerQuestion It concentrates on organisation design and work flowCorrect Answer FlotillaYour Answer Systems approach

Select The BlankQuestion The benefits of a change in process are defined in terms of ________ cost savingsCorrect Answer LabourYour Answer Infrastructure

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Labels: Strategic Management (Set - VI)

Friday, October 17, 2008

Strategic Management - 18

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple AnswerQuestionThe various models of social responsibility areCorrect AnswerAustere Model , Vendors Model , Civic ModelYour AnswerCivic Model , Austere Model , Vendors Model

Multiple Choice Single AnswerQuestion

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The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm isCorrect AnswerCapital structure planningYour AnswerCapital structure planning

Multiple Choice Multiple AnswerQuestionThe reasons for acquisition areCorrect AnswerIncreased market power , Increased diversification , Increased speed to marketYour AnswerIncreased market power , Increased diversification , Increased speed to market

Multiple Choice Multiple AnswerQuestionA Company's strategyCorrect AnswerVital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriateYour AnswerVital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate

Multiple Choice Multiple AnswerQuestionFactors encouraging joint ventures areCorrect Answeruneconomical separate existence , risk of business gets shared , sharing competence of each otherYour Answeruneconomical separate existence , risk of business gets shared , sharing competence of each other

Multiple Choice Single AnswerQuestionHorizontal integration is concerned withCorrect Answerproduct linesYour Answerproduct lines

Multiple Choice Single AnswerQuestionIt concentrates on organisation design and work flowCorrect AnswerFlotillaYour AnswerFlotilla

Multiple Choice Single AnswerQuestionThis strategic posture takes the current industry structure and its future evolution as given and

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then react to the opportunities the market offersCorrect AnswerAdaptersYour AnswerAdapters

True/FalseQuestionArranging training program on productivity is a strategic decision.Correct AnswerFalseYour AnswerFalse

Select The BlankQuestion________ is seen as an integral process that converts materials into goodsCorrect AnswerSystemsYour AnswerSystems

Multiple Choice Single AnswerQuestionW in SWOT stands forCorrect Answerinherent inadequacy of organizationYour Answerinherent inadequacy of organization

Multiple Choice Multiple AnswerQuestionThe culture of a company is conveyed throughCorrect AnswerRites , Myths , RitualsYour AnswerRites , Myths , Rituals

Multiple Choice Multiple AnswerQuestionProgram is a combination ofCorrect Answergoals , policies , proceduresYour Answergoals , policies , procedures

Multiple Choice Multiple AnswerQuestionWhat is Statistical Quality Control(SQC)Correct AnswerIdentifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occurYour AnswerIdentifies impact of any change on performance , Instantly spots malfunctions and show where

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they occur , Identifies quality and productivity from a production process

Match The FollowingQuestionCorrect AnswerYour AnswerComparative analysis ishistorical analysisvalue chain analysisBenchmarking iscompetitive analysishistorical analysisMichael Hammer & James ChapyReengineeringcompetitive analysisGDP stands forgross domestic productgross domestic product

Multiple Choice Single AnswerQuestionCore purposeCorrect AnswermissionYour Answermission

Select The BlankQuestionETOP stands for ________.Correct Answerenvironmental threat & opportunity profileYour Answerenvironmental threat & opportunity profile

True/FalseQuestionUnder functional strategics we have vertical fit & horizontal fit.Correct AnswerTrueYour AnswerTrue

Select The BlankQuestionLike roots of a tree, ________of organization is hidden from direct view.Correct Answercore competenceYour Answercore competence

Multiple Choice Single AnswerQuestionIt provides a way to bring in the people dimension in macro company analysis without using

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psychological models of human behaviourCorrect AnswerCultureYour AnswerCulture

Select The BlankQuestionCompanies employ trained ________ to develop "competency models" to identify potential leadersCorrect AnswerPsychologistsYour AnswerPsychologists

Select The BlankQuestion________ is a modern plant consisting of modules centered around a stage in the production processCorrect AnswerFlotilla conceptYour AnswerFlotilla concept

Multiple Choice Single AnswerQuestionExpansion strategy meansCorrect AnswergrowthYour Answergrowth

Multiple Choice Multiple AnswerQuestionsupplier & technological environment is concerned withCorrect Answertrends and rate of change of technology , quality & no. of suppliers , logistics , raw materialYour Answerquality & no. of suppliers , logistics , raw material , trends and rate of change of technology

Multiple Choice Single AnswerQuestionMass media includesCorrect Answerradio, TV, internet etc.Your Answerradio, TV, internet etc.

Multiple Choice Single AnswerQuestionThey enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implicationsCorrect AnswerBoard of directorYour Answer

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Board of director

True/FalseQuestionSystems are formal and informal rules and regulations that complements the company structureCorrect AnswerTrueYour AnswerTrue

True/FalseQuestionHR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct AnswerFalseYour AnswerFalse

True/FalseQuestionMacro environment has got immediate impact on business.Correct AnswerFalseYour AnswerFalse

Match The FollowingQuestionCorrect AnswerYour AnswerProgramsCombination of goals, policies, rulesCombination of goals, policies, rulesPoliciesGeneral statements and understanding which, guide thinking in decision-makingGeneral statements and understanding which, guide thinking in decision-makingProceduresAre plans and a guide to actionAre plans and a guide to actionRulesSpell out specific action or non-actionSpell out specific action or non-action

Multiple Choice Multiple AnswerQuestionCompetenncy models reveal three types of capabilitiesCorrect AnswerTechnical skills , Cognitive skills , Emotional Intelligence QuotientYour AnswerTechnical skills , Cognitive skills , Emotional Intelligence Quotient

True/FalseQuestion

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Focused company is generally protected from competition.Correct AnswerTrueYour AnswerFalse

Select The BlankQuestionValue chain analysis is an effective tool for ________.Correct Answerinternal analysisYour Answerinternal analysis

Select The BlankQuestionTitan going into setting their won retail outlets- this is ________ integration.Correct Answervertical ( forward )Your Answervertical ( forward )

Select The BlankQuestionEconomics of scale requires ________.Correct Answerhigh market shareYour Answerhigh market share

Multiple Choice Single AnswerQuestionSecondary sources of information areCorrect Answernewspapers, magazines, journals etc.Your Answernewspapers, magazines, journals etc.

Select The BlankQuestionModern Accounting uses ________ as a unit of measureCorrect AnswerTimeYour AnswerTime

Select The BlankQuestionValue chain analysis is an effective tool for ________.Correct Answerinternal analysisYour Answerinternal analysis

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Multiple Choice Single AnswerQuestionExport entry modes areCorrect Answerdirect/indirect exportYour Answerdirect/indirect export

True/FalseQuestionThe actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect AnswerTrueYour AnswerTrue

Multiple Choice Multiple AnswerQuestionFactors determining HRP (Human Resource Planning )Correct AnswerType & Strategy of organisation , Environmental uncertainties , Type & quality of informationYour AnswerType & Strategy of organisation , Environmental uncertainties , Type & quality of information

True/FalseQuestionEnvironmental competitiveness tends to encourage ethical behaviour.Correct AnswerFalseYour AnswerFalse

Multiple Choice Multiple AnswerQuestionThe Hallmarks for self-regulation areCorrect AnswerTrust & fairness , Changed Management , Integrity & thoughtfulnessYour AnswerTrust & fairness , Changed Management , Integrity & thoughtfulness

True/FalseQuestionThe key principle of moral management is "Can we make money with this action decision or behaviour"?Correct AnswerFalseYour AnswerFalse

True/FalseQuestionThree C's affecting today's companies are customer, competition & changeCorrect Answer

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TrueYour AnswerTrue

True/FalseQuestionCompanies have strenghts in a number of areas but their key strength are few in numberCorrect AnswerTrueYour AnswerTrue

Multiple Choice Multiple AnswerQuestionHow does 'structure' reduce internal uncertainity arising out of human behaviourCorrect AnswerControl mechanism , DepartmentalisationYour AnswerControl mechanism , Departmentalisation

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True/FalseQuestion The key principle of moral management is "Can we make money with this action decision or behaviour"?Correct Answer FalseYour Answer False

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

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 AnswerQuestion The strategies which deal with the relative and restricted function for allocation of resources isCorrect Answer Funcational streategiesYour Answer Funcational streategies

Multiple Choice Multiple AnswerQuestion Techniques used in environmental appraisal areCorrect Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mappingYour Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

Multiple Choice Multiple AnswerQuestion supplier & technological environment is concerned withCorrect Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

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

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

Multiple Choice Single AnswerQuestion The decisions which are applied to structured or routine problems areCorrect Answer programmed decisionsYour Answer programmed decisions

Multiple Choice Multiple AnswerQuestion These following factors determine the desire of riskCorrect Answer Strategies , ResourcesYour Answer Strategies , Resources , Competence

Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer potentials and competencies of organization.

Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets

Multiple Choice Multiple AnswerQuestion Harveststrategy is used forCorrect Answer Dogs , Question marksYour Answer Dogs , Question marks

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

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Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Degree to which the decision maker is accountable for the outcomes of the decision isCorrect Answer accountabilityYour Answer accountability

True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by theCorrect Answer Environment Protection ActYour Answer Environment Protection Act

True/FalseQuestion Change in company structure from divisional to matrix also mean changes in the systems in various degreesCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion They are ultimately responsible for all the administrative aspects of strategic evaluation and controlCorrect Answer Chief executiveYour Answer External auditor

Multiple Choice Single AnswerQuestion This portfolio involves major capital investments which will result in either large pay offs or large lossesCorrect Answer Big bets

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Your Answer Big bets

True/FalseQuestion Getting new users is a position defense strategy.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability isCorrect Answer Receivables planningYour Answer Taxation planning

Match The FollowingQuestionCorrect AnswerYour AnswerBoard of DirectorsLink between company & external environmentLink between company & external environmentProfit centersS.B.U. sS.B.U. sS.B.U.s are more focused on theirProduct line/businessProduct line/businessManufacturing strategyProductivityProductivity

True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Select The Blank

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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 systemsYour Answer Operational level systems

Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer Debt , EquityYour Answer Debt , Risk , Equity

True/FalseQuestion Numerator may bring short-term results, but there may be serious long-term sacrifices.Correct Answer FalseYour Answer True

Match The FollowingQuestionCorrect AnswerYour Answer4 Ps areProduct, Price, Place, PromotionProduct, Price, Place, PromotionSources of fundsFactor leading to financial capabilityFactor leading to financial capabilityThe retrieval and usage of informationFactor leading to Information Management CapabilityFactor leading to Information Management CapabilityThe Personnel SystemFactor leading to Personnel CapabilityFactor leading to Personnel Capability

Multiple Choice Multiple AnswerQuestion The culture of a company is conveyed throughCorrect Answer Rites , Myths , RitualsYour Answer Rites , Myths , Rituals

Select The BlankQuestion In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.Correct Answer Delegation

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Your Answer Delegation

True/FalseQuestion Micro environment is the internal environment of a company.Correct Answer FalseYour Answer False

True/FalseQuestion Style of a company are the patterns of actions taken by members of top management over a period of timeCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Business is rated on which dimensionsCorrect Answer Market attractiveness , Business strengthYour Answer Market attractiveness , Business strength , Competition level

Multiple Choice Single AnswerQuestion It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviourCorrect Answer CultureYour Answer Culture

True/FalseQuestion According to Michael Porter, the core of efficiency management is strategy.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion These people are primarily responsible for operating control based on budgeting, reporting and financial analysisCorrect Answer Company secretary , Auditor , Financial controllerYour Answer Company secretary , Auditor , Financial controller

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Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export

Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization

Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of business gets shared , sharing competence of each otherYour Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

Multiple Choice Single AnswerQuestion It refers to formal and informal rules, regulations and procedures that complements the company structureCorrect Answer SystemsYour Answer Systems

Multiple Choice Single AnswerQuestion It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected eventsCorrect Answer Emergency alert contriolYour Answer Emergency alert contriol

Select The BlankQuestion Control should involve________ amount of information.Correct Answer MinimumYour Answer Minimum

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True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer True

Select The BlankQuestion ________ models can be described as a system that describe how pieces of business fit together.Correct Answer BusinessYour Answer Business

Select The BlankQuestion Economics of scale requires ________.Correct Answer high market shareYour Answer high market share

Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets

Multiple Choice Multiple AnswerQuestion They have time based utilityCorrect Answer Goals , ResourcesYour Answer Employess , Resources

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Labels: Strategic Management (Set - II)

Strategic Management - 7

Enjoy FREE SMS at http://smsMantra.blogspot.comMultiple Choice Single AnswerQuestion Vertical integration is concerned withCorrect Answer supply chainYour Answer supply chain

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True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer TrueYour Answer True

True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False

True/FalseQuestion All policies are 'statements'Correct Answer FalseYour Answer False

Match The FollowingQuestionCorrect AnswerYour AnswerRely on short term assessmentBarrier in evaluationAudit and Executive committeePremise controlIdentifies key assumptionsIdentifies key assumptionsEmergency alert control evaluationType of strategic controlControlStrategic evaluationEffectiveness of strategyEffectiveness of strategy

Select The BlankQuestion Like roots of a tree, ________of organization is hidden from direct view.Correct Answer core competenceYour Answer core competence

Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age are

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Correct Answer Information , Expertise , IntelligenceYour Answer Information , Expertise , Intelligence

Multiple Choice Single AnswerQuestion It enables the strategists to take corrective action at the right timeCorrect Answer Premise controlYour Answer Premise control

Multiple Choice Multiple AnswerQuestion Criteria for making an evaluation areCorrect Answer Consistency with goals , Consistency with environment , MoneyYour Answer Consistency with goals , Consistency with environment , Money

Multiple Choice Multiple AnswerQuestion Attack strategies areCorrect Answer frontal attack , flank attack , encirclement attackYour Answer frontal attack , flank attack , encirclement attack

Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purposeYour Answer core values , core purpose

Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Distorted resource allocation , Inappropriate structure , Wrong motivational stylesYour Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

True/FalseQuestion Analysis of variances leads to a plan for corrective actionCorrect Answer TrueYour Answer True

True/False

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Question Standards of performance act as the benchmark against which the actual performance is compared.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Macro environmentCorrect Answer Political- legal , socio-cultural , economic-demographicYour Answer Political- legal , socio-cultural , economic-demographic , technology

Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , proceduresYour Answer goals , policies , procedures

Select The BlankQuestion Displacing competitor is ________ category of goal.Correct Answer common enemyYour Answer common enemy

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

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer target

Select The BlankQuestion GATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer

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global agreement on trade & taxes

Multiple Choice Multiple AnswerQuestion Strategic intentCorrect 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 AnswerQuestion Investment entry mode areCorrect Answer joint venture/independent ventures/subsidiariesYour Answer joint venture/independent ventures/subsidiaries

Multiple Choice Multiple AnswerQuestion The reasons for acquisition areCorrect Answer Increased market power , Increased diversification , Increased speed to marketYour Answer Increased market power , Increased diversification , Increased speed to market

Multiple Choice Multiple AnswerQuestion The Hallmarks for self-regulation areCorrect Answer Trust & fairness , Changed Management , Integrity & thoughtfulnessYour Answer Trust & fairness , Changed Management , Integrity & thoughtfulness

True/FalseQuestion Reciprocal responsibility means equal blames and credit.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion 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 areCorrect Answer operational decisionsYour Answer operational decisions

Multiple Choice Multiple Answer

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Question The various areas covered by social responsibility areCorrect Answer Inner Circle , Intermediate circle , Outer CircleYour Answer Inner Circle , Intermediate circle , Outer Circle

Select The BlankQuestion Make or buy decision is related with ________strategy.Correct Answer vertical ( backward ) integrationYour Answer vertical ( backward ) integration

Multiple Choice Single AnswerQuestion General Electric Matrix is divided into how many cellsCorrect Answer 9Your Answer 9

Multiple Choice Multiple AnswerQuestion The various models of social responsibility areCorrect Answer Austere Model , Vendors Model , Civic ModelYour Answer Austere Model , Vendors Model , Civic Model

Select The BlankQuestion A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.Correct Answer role modelYour Answer role model

Multiple Choice Single AnswerQuestion Denominator managementCorrect Answer cost reductionYour Answer cost reduction

Multiple Choice Single AnswerQuestion A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers isCorrect Answer Supply chains

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Your Answer Supply chains

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

Multiple Choice Multiple AnswerQuestion market research is conducted byCorrect Answer by employees , by research agencies , by consultantsYour Answer by employees , by research agencies , by consultants

Select The BlankQuestion ________ is a modern plant consisting of modules centered around a stage in the production processCorrect Answer Flotilla conceptYour Answer Flotilla concept

True/FalseQuestion Companies have strenghts in a number of areas but their key strength are few in numberCorrect Answer TrueYour Answer True

True/FalseQuestion Environmental competitiveness tends to encourage ethical behaviour.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Horizontal integration is concerned withCorrect Answer product linesYour Answer product lines

True/FalseQuestion

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Adapter duplicate the leader and claim to be similar or even the same.Correct Answer FalseYour Answer False

True/FalseQuestion Three C's affecting today's companies are customer, competition & changeCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer radio, TV, internet etc.

True/FalseQuestion Focused company is generally protected from competition.Correct Answer TrueYour Answer False

Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibilityCorrect Answer StandardisationYour Answer Standardisation

Multiple Choice Single AnswerQuestion T in SWOT, refers toCorrect Answer unfavorable conditions in external environment.Your Answer unfavorable conditions in external environment.

Match The FollowingQuestionCorrect AnswerYour AnswerMarket follower areImitatorImitatorHorizontal integration means

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Additional product/service for same customersAdditional product/service for same customersVertical forward integration meansBecoming your own customerBecoming your own customerPosition defense meansFortification around one's territoryFortification around one's territory

Multiple Choice Multiple AnswerQuestion Organizational models areCorrect Answer multinational model , international model , global organizational modelYour Answer multinational model , international model , global organizational model

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Labels: Strategic Management (Set - II)

Strategic Management - 6

www.shopperixmall.comSelect The BlankQuestion Factors leading to personnel capability are________.Correct Answer IR, OBYour Answer IR, OB

Multiple Choice Multiple AnswerQuestion market research is conducted byCorrect Answer by employees , by research agencies , by consultantsYour Answer by employees , by research agencies , by consultants

Multiple Choice Single AnswerQuestion Retrenchment strategy meansCorrect Answer contraction of business activitiesYour Answer contraction of business activities

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

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Ethics

Select The BlankQuestion The benefits of a change in process are defined in terms of ________ cost savingsCorrect Answer LabourYour Answer Labour

Multiple Choice Single AnswerQuestion An approach that strives to follow ethical principles and percepts isCorrect Answer Moral managementYour Answer Moral management

Match The FollowingQuestionCorrect AnswerYour Answervertical forward integration meansbecoming your own customerbecoming your own customerhorizontal integration meansadditional product/service for same customersadditional product/service for same customersvertical backward integration meansbecoming your own supplierbecoming your own supplierstrategic alliances meanstwo or more entities join hands for mutual benefit.two or more entities join hands for mutual benefit.

Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process

Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Time

Multiple Choice Single AnswerQuestion A strategy used to learn more about customers need & behaviours in order to develop stronger

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relationship with them isCorrect Answer CRMYour Answer CRM

True/FalseQuestion 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 FalseYour Answer False

Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer TraditionalYour Answer Traditional

True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Multiple AnswerQuestion Techniques used in environmental appraisal areCorrect Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mappingYour Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

Multiple Choice Single AnswerQuestion At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategyCorrect Answer

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Operational evaluationYour Answer Implementation evaluation

Multiple Choice Single AnswerQuestion Corporate strategy ensuresCorrect Answer fit between the firm and its environmentYour Answer Easy availability of resources

Multiple Choice Single AnswerQuestion Core purposeCorrect Answer missionYour Answer mission

Multiple Choice Single AnswerQuestion CAP related to internal appraisal of firm stands forCorrect Answer competitive advantage profileYour Answer competitive advantage profile

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

True/FalseQuestion Micro environment is the internal environment of a company.Correct Answer FalseYour Answer False

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

Multiple Choice Single AnswerQuestion

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MissionCorrect Answer philosophy, public imageYour Answer philosophy, public image

Select The BlankQuestion ________ identifies the impact of any change on performanceCorrect Answer Statistical quality controlYour Answer Statistical quality control

True/FalseQuestion Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Empower people through great software anytime , any place, on any device'- MicrosoftCorrect Answer visionYour Answer vision

Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists

Multiple Choice Single AnswerQuestion They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implicationsCorrect Answer Board of directorYour Answer Board of director

True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer TrueYour Answer

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True

Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.

Match The FollowingQuestionCorrect AnswerYour AnswerBenchmarking iscompetitive analysishistorical analysisMichael Hammer & James ChapyReengineeringReengineeringGDP stands forgross domestic productgross domestic productComparative analysis ishistorical analysiscompetitive analysis

True/FalseQuestion Excelling in one market guarantees success in a new.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Various phases of Growth areCorrect Answer Creativity , Delegation , Co-ordinationYour Answer Creativity , Delegation , Co-ordination

Multiple Choice Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility of

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Correct Answer Top ManagementYour Answer Top Management

Multiple Choice Multiple AnswerQuestion How does 'structure' reduce external uncertainity arising out of human behaviourCorrect Answer Research and planning , ForecastingYour Answer Research and planning , Forecasting

Select The BlankQuestion ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.Correct Answer Self-awarenessYour Answer Self-awareness

Select The BlankQuestion The ________ are distinct little business set up as units in a larger companyCorrect Answer Strategic business UnitsYour Answer Strategic business Units

Multiple Choice Multiple AnswerQuestion 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 occurYour 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 AnswerQuestion How does 'structure' reduce internal uncertainity arising out of human behaviourCorrect Answer Control mechanism , DepartmentalisationYour Answer Control mechanism , Departmentalisation , Specialisation

Multiple Choice Multiple AnswerQuestion Factors determining HRP (Human Resource Planning )Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of informationYour Answer

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Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning

Select The BlankQuestion Factors leading to personnel capability are________.Correct Answer IR, OBYour Answer IR, OB

True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Contractual entry modes areCorrect Answer licensing / franchisingYour Answer licensing / franchising

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect Answer between a buyer and a seller , to avail tax concessions , to increase growth ratesYour Answer between a buyer and a seller , to avail tax concessions , to increase growth rates

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Labels: Strategic Management (Set - II)

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Strategic Management - 5

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer Strategy

Select The BlankQuestion Control should involve________ amount of information.Correct Answer MinimumYour Answer Maximum

Multiple Choice Single AnswerQuestion It enables the strategists to take corrective action at the right timeCorrect Answer Premise controlYour Answer Strategic surveillance

Match The FollowingQuestionCorrect AnswerYour AnswerMaintain strategystable environmentdiversificationMarket follower areimitatorbypass attackMarket challenger arebypass attackimitatorTurnaround strategyV.R.S.differentiation

Select The BlankQuestion Displacing competitor is ________ category of goal.Correct Answer common enemyYour Answer competitive

Match The Following

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QuestionCorrect AnswerYour AnswerMarketing a productMass segmentationAvailability of resourcesEnvironmental AnalysisSocial, Political, legal & technologyLife cycle considerationsSwot AnalysisMatching, converting, minimizing & avoiding strategiesProduct formulatedMarketing strategyLife cycle considerationsMass segmentation

True/FalseQuestion HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Core purposeCorrect Answer missionYour Answer strategy

Multiple Choice Single AnswerQuestion A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them isCorrect Answer CRMYour Answer CRM

True/FalseQuestion Three C's affecting today's companies are customer, competition & changeCorrect Answer TrueYour Answer True

True/FalseQuestion The super structure indicates ways in which company's tasks are integrated or coordinatedCorrect Answer

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TrueYour Answer True

Multiple Choice Single AnswerQuestion Retrenchment strategy meansCorrect Answer contraction of business activitiesYour Answer contraction of business activities

Multiple Choice Multiple AnswerQuestion How does 'structure' reduce external uncertainity arising out of human behaviourCorrect Answer Research and planning , ForecastingYour Answer Research and planning , Forecasting , Division of labour

Select The BlankQuestion Like roots of a tree, ________of organization is hidden from direct view.Correct Answer core competenceYour Answer core competence

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

Multiple Choice Multiple AnswerQuestion market research is conducted byCorrect Answer by employees , by research agencies , by consultantsYour Answer by employees , by research agencies , by consultants

True/FalseQuestion Excelling in one market guarantees success in a new.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion

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The preparation of ETOP involvesCorrect 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 AnswerQuestion This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offersCorrect Answer AdaptersYour Answer Options

Multiple Choice Multiple AnswerQuestion The various models of social responsibility areCorrect Answer Austere Model , Vendors Model , Civic ModelYour Answer Austere Model , Vendors Model , Civic Model

True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False

True/FalseQuestion Micro environment is the internal environment of a company.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitmentsCorrect Answer Reserve the right to playYour Answer Reserve the right to play

Multiple Choice Multiple AnswerQuestion Measures to take corrective action

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Correct Answer Checking performance , Reformulate strategies , Standard checkYour Answer Checking performance , Formulate plans , Standard check

Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Intelligence , Information , ExpertiseYour Answer Information , Expertise , Intelligence

Multiple Choice Multiple AnswerQuestion The various areas covered by social responsibility areCorrect Answer Inner Circle , Intermediate circle , Outer CircleYour Answer Inner Circle , Intermediate circle , Outer Circle

Select The BlankQuestion ________ relationships are effective in communicating complex informationCorrect Answer PersonalYour Answer Personal

True/FalseQuestion The key principle of moral management is "Can we make money with this action decision or behaviour"?Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion 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 areCorrect Answer operational decisionsYour Answer operational decisions

Select The BlankQuestion Like roots of a tree, ________of organization is hidden from direct view.Correct Answer core competenceYour Answer core competence

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Multiple Choice Single AnswerQuestion Export entry modes areCorrect Answer direct/indirect exportYour Answer direct/indirect export

Multiple Choice Single AnswerQuestion It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviourCorrect Answer CultureYour Answer Class

Multiple Choice Multiple AnswerQuestion The culture of a company is conveyed throughCorrect Answer Rites , Myths , RitualsYour Answer Myths

True/FalseQuestion Environmental competitiveness tends to encourage ethical behaviour.Correct Answer FalseYour Answer True

Select The BlankQuestion ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Operational level systems

Multiple Choice Multiple AnswerQuestion Competenncy models reveal three types of capabilitiesCorrect Answer Technical skills , Cognitive skills , Emotional Intelligence QuotientYour Answer Technical skills , Cognitive skills , Integrity

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

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Correct Answer more usageYour Answer more usage

Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer TraditionalYour Answer Mathematical

True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion They have time based utilityCorrect Answer Goals , ResourcesYour Answer Goals , Resources

Multiple Choice Multiple AnswerQuestion Limitations of Traditional cost accounting areCorrect Answer Assumes factory as an isolated entity , It measures only the cost of producingYour Answer Assumes factory as an isolated entity , It measures only the cost of producing

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer SWOT analysis

Multiple Choice Multiple AnswerQuestion Niche marketing meansCorrect Answer end user specialist , specific customer specialist , geographic specialistYour Answer end user specialist , specific customer specialist , research specialist

Select The Blank

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Question ________ is seen as an integral process that converts materials into goodsCorrect Answer SystemsYour Answer Statistical quality control

Multiple Choice Single AnswerQuestion They are ultimately responsible for all the administrative aspects of strategic evaluation and controlCorrect Answer Chief executiveYour Answer Board of directors

Select The BlankQuestion In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.Correct Answer DelegationYour Answer Direction

Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.

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LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion It is the process of selecting people for company positions and developing skills and abilities for assignments in the companyCorrect Answer StaffingYour Answer Staffing

Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer legal system, implementation, infrastructure , import-export , govt. policies, stability, philosophy of govt.

True/FalseQuestion Change in company structure from divisional to matrix also mean changes in the systems in various degreesCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The control process requires the following types of informationCorrect Answer Planned performance , Variances , ReasonsYour Answer Planned performance , Variances , Reasons

True/FalseQuestion Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer TrueYour Answer True

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer

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False

Multiple Choice Multiple AnswerQuestion Different kinds of information systems areCorrect Answer Operational level system , Knowledge level system , Management level systemYour Answer Operational level system , Knowledge level system , Management level system

True/FalseQuestion Divestiture is opposed to diversification.Correct Answer FalseYour Answer False

Select The BlankQuestion ________ is a modern plant consisting of modules centered around a stage in the production processCorrect Answer Flotilla conceptYour Answer Flotilla concept

Multiple Choice Single AnswerQuestion Secondary sources of information areCorrect Answer newspapers, magazines, journals etc.Your Answer newspapers, magazines, journals etc.

True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False

Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Time

Multiple Choice Multiple AnswerQuestion Merger takes place

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Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth ratesYour Answer between a buyer and a seller , to avail tax concessions , to increase growth rates

Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Distorted resource allocation , Inappropriate structure , Wrong motivational stylesYour Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 description of impact of each subfactor into a statement which is positive, neutral or negative. , dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer internal transformation

Multiple Choice Single AnswerQuestion It is used extensively in organisation and is concerned with action or performanceCorrect Answer Operational controlYour Answer Operational control

Select The BlankQuestion ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.Correct Answer

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Self-awarenessYour Answer Self-awareness

Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer Debt , EquityYour Answer Debt , Equity

Select The BlankQuestion ________ relationships are effective in communicating complex informationCorrect Answer PersonalYour Answer Personal

True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer TrueYour Answer True

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

True/FalseQuestion Environmental competitiveness tends to encourage ethical behaviour.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization

Match The Following

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QuestionCorrect AnswerYour AnswerComparative analysis ishistorical analysishistorical analysisBenchmarking iscompetitive analysiscompetitive analysisMichael Hammer & James ChapyReengineeringReengineeringGDP stands forgross domestic productgross domestic product

Multiple Choice Multiple AnswerQuestion Competenncy models reveal three types of capabilitiesCorrect Answer Technical skills , Cognitive skills , Emotional Intelligence QuotientYour Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient

Multiple Choice Single AnswerQuestion 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 areCorrect Answer operational decisionsYour Answer operational decisions

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

Multiple Choice Single AnswerQuestion The process of forecasting an organization's future demands for and supply of right type of people in right number isCorrect Answer Man-power planningYour Answer Man-power planning

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer

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

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False

True/FalseQuestion Staffing function applies to all company levels irrespective of levels of hierarchyCorrect Answer TrueYour Answer True

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

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer radio, TV, internet etc.

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

Multiple Choice Multiple AnswerQuestion Various phases of Growth areCorrect Answer Creativity , Delegation , Co-ordinationYour Answer Creativity , Delegation , Co-ordination

Multiple Choice Single AnswerQuestion

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Strategic management deals withCorrect Answer Business processYour Answer Business process

Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning

Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purposeYour Answer core values , core purpose

Select The BlankQuestion Displacing competitor is ________ category of goal.Correct Answer common enemyYour Answer common enemy

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets

Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization

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Multiple Choice Multiple AnswerQuestion 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 occurYour Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur

Match The FollowingQuestionCorrect AnswerYour AnswerFitSWOT analysisSWOT analysisVisionwhat a company wishes to become or aspires to be.what a company wishes to become or aspires to be.missionwhat the company is and why it exists.what the company is and why it exists.BHAGbig headed audacious goalsbig headed audacious goals

Multiple Choice Single AnswerQuestion CAP related to internal appraisal of firm stands forCorrect Answer competitive advantage profileYour Answer competitive advantage profile

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Labels: Strategic Management

Strategic Management - 3

Multiple Choice Single AnswerQuestion It enables the strategists to take corrective action at the right timeCorrect Answer Premise control

True/FalseQuestion HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct Answer False

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True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer True

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 AnswerQuestion Contractual entry modes areCorrect Answer licensing / franchising

Match The FollowingQuestionCorrect AnswerMarket follower areImitatorHorizontal integration meansAdditional product/service for same customersVertical forward integration meansBecoming your own customerPosition defense meansFortification around one's territory

Multiple Choice Multiple AnswerQuestion supplier & technological environment is concerned withCorrect Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

Multiple Choice Single AnswerQuestion A Large-scale community development project was funded to enable farmers to use local resources effectively byCorrect Answer Asian Paints

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Multiple AnswerQuestion

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Measures to take corrective actionCorrect Answer Checking performance , Reformulate strategies , Standard check

Match The FollowingQuestionCorrect AnswerYour Answerstrategic alliances meanstwo or more entities join hands for mutual benefit.vertical forward integration meansbecoming your own customerhorizontal integration meansadditional product/service for same customersvertical backward integration meansbecoming your own supplier

Multiple Choice Single AnswerQuestion It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected eventsCorrect Answer Emergency alert contriol

Multiple Choice Multiple AnswerQuestion The various models of social responsibility areCorrect Answer Austere Model , Vendors Model , Civic Model

Multiple Choice Multiple AnswerQuestion Techniques used in environmental appraisal areCorrect Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

Multiple Choice Multiple AnswerQuestion What is Statistical Quality Control(SQC)Correct Answer Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process

True/FalseQuestion The super structure indicates ways in which company's tasks are integrated or coordinatedCorrect Answer True

Multiple Choice Multiple AnswerQuestion The Hallmarks for self-regulation areCorrect Answer

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Trust & fairness , Changed Management , Integrity & thoughtfulness

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top Management

Multiple Choice Multiple AnswerQuestion Limitations of Traditional cost accounting areCorrect Answer Assumes factory as an isolated entity , It measures only the cost of producing

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

Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect Answer between a buyer and a seller , to avail tax concessions , to increase growth rates

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

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

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

True/FalseQuestion Under functional strategics we have vertical fit & horizontal fit.Correct Answer True

Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer

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goals , policies , procedures

Multiple Choice Single AnswerQuestion T in SWOT, refers toCorrect Answer unfavorable conditions in external environment.

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

True/FalseQuestion Changes in company structure also necessitates changes in the systems in various degreesCorrect Answer True

Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.

Multiple Choice Multiple AnswerQuestion Different kinds of information systems areCorrect Answer Operational level system , Knowledge level system , Management level system

Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business process

Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer Traditional

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

Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer

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Psychologists

Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.

Select The BlankQuestion Like roots of a tree, ________of organization is hidden from direct view.Correct Answer core competence

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

Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital markets

Select The BlankQuestion A hardware manufacture enters into software is an example of ________ integration.Correct Answer horizontal

Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer Leaders

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

Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planning

Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer

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Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Select The BlankQuestion In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.Correct Answer Delegation

Select The BlankQuestion ________ is the drive to achieve beyond one's expectationsCorrect Answer Motivation

Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer Debt , Equity

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Labels: Strategic Management

Strategic Management - 2

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them isCorrect Answer CRMYour Answer CRM

Multiple Choice Multiple AnswerQuestion Various phases of Growth areCorrect Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination

Multiple Choice Multiple AnswerQuestion A Company's strategyCorrect 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

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.

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Your Answer radio, TV, internet etc.

Select The BlankQuestion ________ and greater accountability replace formal control.Correct Answer Self-disciplineYour Answer Self-discipline

Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence

True/FalseQuestion HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct Answer FalseYour Answer False

True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , procedures Your Answer goals , policies , procedures

Multiple Choice Multiple AnswerQuestion Strategic intentCorrect 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 Multiple AnswerQuestion Business is rated on which dimensionsCorrect Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength

Multiple Choice Single AnswerQuestion It enables the strategists to take corrective action at the right timeCorrect Answer Premise controlYour Answer Premise control

Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer LeadersYour Answer Leaders

Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization

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True/FalseQuestion Changes in company structure also necessitates changes in the systems in various degreesCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Principles to manage strategic alliances areCorrect 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 AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer favorable condition in the organization's environment.

Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect 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 AnswerQuestion Horizontal integration is concerned withCorrect Answer product linesYour Answer product lines

Select The BlankQuestion ________ identifies the impact of any change on performanceCorrect Answer Statistical quality controlYour Answer Statistical quality control

Multiple Choice Single AnswerQuestion They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implicationsCorrect Answer Board of directorYour Answer Board of director

Multiple Choice Single AnswerQuestion 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 areCorrect Answer operational decisionsYour Answer operational decisions

True/FalseQuestion Excelling in one market guarantees success in a new.Correct Answer FalseYour Answer False

True/FalseQuestion Analysis of variances leads to a plan for corrective actionCorrect Answer True

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Your Answer True

Multiple Choice Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity

Multiple Choice Single AnswerQuestion These are critical situations that occur unexpectedly and threaten the course of a firm's strategyCorrect Answer CrisisYour Answer Crisis

Match The FollowingQuestion Correct Answer Your Answer

Board of Directors Link between company & external environment Link between company & external environment

Profit centers S.B.U. s S.B.U. s

S.B.U.s are more focused on their Product line/business Product line/business

Manufacturing strategy Productivity Productivity

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False

True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion They have time based utilityCorrect Answer Goals , Resources Your Answer Goals , Resources

Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists

Multiple Choice Multiple AnswerQuestion The culture of a company is conveyed throughCorrect Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals

Select The Blank

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

True/FalseQuestion The super structure indicates ways in which company's tasks are integrated or coordinatedCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion 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

Select The BlankQuestion ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Operational level systems

Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committeeYour Answer Audit committee

Match The FollowingQuestion 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 AnswerQuestion It is the most important feature in the implementation of strategic managementCorrect Answer leadershipYour Answer leadership

Select The BlankQuestion ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.Correct Answer Self-awarenessYour Answer Self-awareness

Select The Blank

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

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purpose Your Answer core values , core purpose

True/FalseQuestion Business ethics is how personal norms do not apply to activities & goals of a commercial firm.Correct Answer FalseYour Answer False

Select The BlankQuestion Economics of scale requires ________.Correct Answer high market shareYour Answer high market share

Strategic Management - 1

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committeeYour Answer Audit committee

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Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer taxes , availability of buyers , market reactionYour Answer taxes , availability of buyers , market reaction

True/FalseQuestion Style of a company are the patterns of actions taken by members of top management over a period of timeCorrect Answer TrueYour Answer True

Select The BlankQuestion GATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer general agreement on trade & tariff

Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer favorable condition in the organization's environment.

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Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

Multiple Choice Multiple AnswerQuestion Strategic intentCorrect 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 BlankQuestion Japan's major productivity gains are the results of social changes brought about by ________Correct Answer Statistical quality controlYour Answer Statistical quality control

Multiple Choice Multiple AnswerQuestion Organizational models areCorrect Answer multinational model , international model , global organizational modelYour Answer multinational model , international model , global organizational model

Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planning

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Your Answer long- range planning

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative. , dividing environment into sectors , sub factors

Match The FollowingQuestionCorrect AnswerYour AnswerMaintain strategystable environmentstable environmentMarket follower areimitatorimitatorMarket challenger arebypass attackbypass attackTurnaround strategyV.R.S.V.R.S.

Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of business gets shared , sharing competence of each otherYour Answer uneconomical separate existence , sharing competence of each other , monopoly of one company

Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process

Multiple Choice Multiple AnswerQuestion How does 'structure' reduce internal uncertainity arising out of human behaviourCorrect Answer

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Control mechanism , DepartmentalisationYour Answer Control mechanism , Departmentalisation , Specialisation

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer True

Select The BlankQuestion ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Operational level systems

Multiple Choice Single AnswerQuestion Corporate strategy ensuresCorrect Answer fit between the firm and its environmentYour Answer Easy availability of resources