straticg mngmt assingmnt

True/FalseQuestion Acquisitions which are friendly are termed as "take-overs".Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion Different kinds of information systems areCorrect Answer Operational level system , Knowledge level system , Management level systemYour Answer Knowledge level system , Management level system , Operational level system

True/FalseQuestion Under functional strategics we have vertical fit & horizontal fit.Correct Answer TrueYour Answer True

Match The FollowingQuestion 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 AnswerQuestion In SWOT , S stands for

Correct Answer favorable condition in the organization's environment.Your Answer Strategy

Multiple Choice Multiple AnswerQuestion Organizational models areCorrect Answer multinational model , international model , global organizational modelYour Answer multinational model , international model , local model

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

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 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 Single AnswerQuestion It refers to the relatively more durable company arrangements and relationshipsCorrect Answer StructureYour Answer Strategy

True/FalseQuestion Scheduling is a part of strategic management.Correct Answer False

Your Answer False

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning

Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists

Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process

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 Dividend planning

Multiple Choice Single AnswerQuestion CAP related to internal appraisal of firm stands forCorrect Answer competitive advantage profileYour Answer Corporate appraisal programme

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic management

Correct Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , communication skills

Select The BlankQuestion Titan going into setting their won retail outlets- this is ________ integration.Correct Answer vertical ( forward )Your Answer vertical ( forward )

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer target

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 , internal inadequacies

Multiple Choice Multiple AnswerQuestion Attack strategies areCorrect Answer frontal attack , flank attack , encirclement attackYour Answer frontal attack , flank attack , encirclement attack

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer True

Multiple Choice Multiple Answer

Question 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 , internal inadequacies

Select The BlankQuestion The ________ are distinct little business set up as units in a larger companyCorrect Answer Strategic business UnitsYour Answer Strategic business Units

True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False

True/FalseQuestion According to Michael Porter, the core of efficiency management is strategy.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Expansion strategy meansCorrect Answer growthYour Answer growth

True/FalseQuestion Reciprocal responsibility means equal blames and credit.Correct Answer FalseYour 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 eventsCorrect Answer Emergency alert contriolYour Answer Emergency alert contriol

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 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 Displacing competitor is ________ category of goal.Correct Answer common enemyYour Answer aggressive

Multiple Choice Single AnswerQuestion Empower people through great software anytime , any place, on any device'- MicrosoftCorrect Answer visionYour Answer vision

Select The BlankQuestion Like roots of a tree, ________of organization is hidden from direct view.Correct Answer core competence

Your Answer mission

Select The BlankQuestion Make or buy decision is related with ________strategy.Correct Answer vertical ( backward ) integrationYour Answer diagonal integration

Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Strategy


Multiple Choice Single AnswerQuestion A pictorial depiction of various outcomes of a decision isCorrect Answer decision treeYour Answer decision tree


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 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

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 , communication skills

True/FalseQuestion Adapter duplicate the leader and claim to be similar or even the same.Correct Answer FalseYour Answer True

True/FalseQuestion Change in company structure from divisional to matrix also mean changes in the systems in various degreesCorrect Answer TrueYour Answer True

True/False

Question Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer TrueYour Answer True


LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple AnswerQuestion Principles to manage strategic alliances areCorrect Answer provide for an exit strategy , clarity in strategy & responsibilities , blending culturesYour Answer clarity in strategy & responsibilities , blending cultures , provide for an exit 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

Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , proceduresYour Answer goals , policies , procedures

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

Correct Answer StandardisationYour Answer Standardisation

Select The BlankQuestion Like roots of a tree, ________of organization is hidden from direct view.Correct Answer core competenceYour Answer core competence

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

True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Various phases of Growth areCorrect Answer Creativity , Delegation , Co-ordinationYour Answer Creativity , Delegation , Co-ordination

True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False

Select The BlankQuestion Strategic evaluation determines the effectiveness of ________Correct Answer StrategyYour Answer Strategy

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 Brush your teeth twice a day is an example of expanding the total market by________.Correct Answer more usageYour Answer more usage

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 MissionCorrect Answer philosophy, public imageYour Answer target

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 Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.

True/FalseQuestion Staffing function applies to all company levels irrespective of levels of hierarchyCorrect Answer TrueYour Answer True

True/FalseQuestion Change in company's strategy gives rise to problems necessitating a new structure to be madeCorrect Answer TrueYour Answer True

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 Core ideologyCorrect Answer core values , core purposeYour Answer core values , core purpose


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 actionCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Macro environmentCorrect Answer Political- legal , socio-cultural , economic-demographicYour Answer Political- legal , socio-cultural , economic-demographic

Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets

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

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 Economics of scale requires ________.

Correct Answer high market shareYour Answer high market share

Select The BlankQuestion Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.Correct Answer Co-ordinationYour Answer Centralization

Select The BlankQuestion A hardware manufacture enters into software is an example of ________integration.Correct Answer vertical ( forward )Your Answer horizontal

Multiple Choice Single AnswerQuestion At this level , the effort is directed at assessing the consistency of strategy with the environmentCorrect Answer Strategic evaluationYour Answer Strategic evaluation

Multiple Choice Single AnswerQuestion Core purposeCorrect Answer missionYour Answer mission

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

True/FalseQuestion Companies have strenghts in a number of areas but their key strength are few in numberCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer weakness of competitors

Select The BlankQuestion ________ is the drive to achieve beyond one's expectationsCorrect Answer MotivationYour Answer Motivation


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


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

True/FalseQuestion Environmental competitiveness tends to encourage ethical behaviour.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 A major part of strategy implementation isCorrect Answer resource allocationYour Answer resource allocation

True/FalseQuestion The actual performance matches the budgeted performance. This is a realistic situation.Correct Answer FalseYour Answer False


Multiple Choice Single AnswerQuestion Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity isCorrect Answer significanceYour Answer risk

STRATEGIC MGMT



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 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 Factors leading to personnel capability are________.Correct Answer IR, OBYour Answer PR

Multiple Choice Single AnswerQuestion Associated external agencies means

Correct Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.

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 , Knowledge

True/FalseQuestion Labour satisfaction may result in unethical behaviour as anger.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 Critical resources in the emerging information age areCorrect Answer Information , Expertise , IntelligenceYour Answer Information , Expertise , Intelligence

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 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

Your Answer Supply chains

True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True

True/FalseQuestion Acquisitions which are friendly are termed as "take-overs".Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Harveststrategy is used forCorrect Answer Dogs , Question marksYour Answer Dogs , Question marks , Stars

Multiple Choice Single AnswerQuestion They are ultimately responsible for all the administrative aspects of strategic evaluation and controlCorrect Answer Chief executiveYour Answer Chief executive

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 , impact of organization on each sector

Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer Debt , Equity

Your Answer Equity , Return , Debt

Multiple Choice Single AnswerQuestion Denominator managementCorrect Answer cost reductionYour Answer cost reduction

Multiple Choice Multiple AnswerQuestion The reasons for acquisition areCorrect Answer Increased speed to market , Increased market power , Increased diversificationYour Answer Increased market power , Increased diversification , Increased speed to market

Multiple Choice Single AnswerQuestion The decisions which are applied to structured or routine problems areCorrect Answer programmed decisionsYour Answer programmed decisions

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 Multiple AnswerQuestionCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures areCorrect 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/FalseQuestion Timing of measurement before hand serves the purpose of evaluation.Correct Answer FalseYour Answer True

Select The BlankQuestion ________ is a modern plant consisting of modules centered around a stage in the production processCorrect Answer Flotilla conceptYour Answer General Electric Model



True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer True

True/FalseQuestion Adapter duplicate the leader and claim to be similar or even the same.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion The Hallmarks for self-regulation areCorrect Answer Trust & fairness , Changed Management , Integrity & thoughtfulnessYour Answer Trust & fairness , Changed Management , Integrity & thoughtfulness

Select The BlankQuestion Make or buy decision is related with ________strategy.Correct Answer vertical ( backward ) integrationYour Answer vertical ( backward ) integration


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 BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Time



Select The BlankQuestion ________ is the company's most critical and scarest resource.Correct Answer CapitalYour Answer Capital


True/FalseQuestion Micro environment is the internal environment of a company.Correct Answer FalseYour Answer True


Multiple Choice Single AnswerQuestion The traditional approach towards uncertainity isCorrect Answer BinaryYour Answer Binary

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysis

Your Answer internal analysis





Turnaround strategy V.R.S. V.R.S.

True/FalseQuestion All policies are 'statements'Correct Answer FalseYour Answer False


Multiple Choice Single AnswerQuestion At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategyCorrect Answer Operational evaluationYour Answer Operational evaluation


Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer TraditionalYour Answer TraditionalMultiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer potentials and competencies of organization.



Select The BlankQuestion Japan's major productivity gains are the results of social changes brought about by ________Correct Answer Statistical quality controlYour Answer Michael Porter's model for Industry Analysis

Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibilityCorrect Answer StandardisationYour Answer Standardisation




Select The BlankQuestion In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.Correct Answer DelegationYour Answer Delegation

True/FalseQuestion Numerator may bring short-term results, but there may be serious long-term sacrifices.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion It indicates the degree of differentiationCorrect Answer StructureYour Answer Structure

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 Concentric diversification meansCorrect Answer new activity related to existing businessYour Answer new activity related to existing business



True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer availability of buyers , market reaction , taxesYour Answer taxes , availability of buyers , market reaction






Turnaround strategy V.R.S. V.R.S.


True/FalseQuestion Getting new users is a position defense strategy.Correct Answer FalseYour Answer False

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 Core purpose

Correct Answer missionYour Answer mission


True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False

Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Time

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 This portfolio involves major capital investments which will result in either large pay offs or large lossesCorrect Answer Big betsYour Answer Big bets

Select The BlankQuestion Bajaj started manufacturing of sunny is an example of ________.Correct Answer concentration strategyYour Answer concentration strategy


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


Multiple Choice Single AnswerQuestion An approach that strives to follow ethical principles and percepts isCorrect Answer Moral managementYour Answer Moral management

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


Match The Following

Question Correct Answer Your Answer


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


Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer TraditionalYour Answer Traditional

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


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

Correct Answer FalseYour Answer False

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 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


Select The BlankQuestion Modern Accounting uses ________ as a unit of measureCorrect Answer TimeYour Answer Time

Multiple Choice Single AnswerQuestion Investment entry mode areCorrect Answer joint venture/independent ventures/subsidiariesYour Answer joint venture/independent ventures/subsidiaries


Strategic Management-Set 3Multiple Choice Single AnswerQuestion At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategyCorrect Answer Operational evaluationYour Answer Operational evaluation

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


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 It refers to formal and informal rules, regulations and procedures that complements the company structureCorrect Answer SystemsYour Answer Systems

Select The BlankQuestion ________ identifies the impact of any change on performanceCorrect Answer Statistical quality controlYour Answer Statistical quality control

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








True/FalseQuestion The super structure indicates ways in which company's tasks are integrated or coordinatedCorrect Answer TrueYour Answer True


Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental threat & opportunity profile

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 Niche marketing meansCorrect Answer end user specialist , specific customer specialist , geographic specialistYour Answer end user specialist , specific customer specialist , geographic specialist


Multiple Choice Multiple AnswerQuestion The Hallmarks for self-regulation areCorrect Answer Trust & fairness , Changed Management , Integrity & thoughtfulnessYour Answer Trust & fairness , Changed Management , Integrity & thoughtfulness

Multiple Choice Single AnswerQuestion T in SWOT, refers to

Correct Answer unfavorable conditions in external environment.Your Answer unfavorable conditions in external environment.

Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer Debt , EquityYour Answer Debt , Equity




Multiple Choice Single AnswerQuestion MissionCorrect Answer philosophy, public imageYour Answer philosophy, public image

Multiple Choice Multiple AnswerQuestion The culture of a company is conveyed throughCorrect Answer Rites , Myths , RitualsYour Answer Rites , Myths , Rituals


Question Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

True/FalseQuestion Business ethics is how personal norms do not apply to activities & goals of a commercial firm.Correct Answer FalseYour 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 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 Single AnswerQuestion Retrenchment strategy meansCorrect Answer contraction of business activitiesYour Answer contraction of business activities

True/False

Question Adapter duplicate the leader and claim to be similar or even the same.Correct Answer FalseYour Answer False

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 The various areas covered by social responsibility areCorrect Answer Inner Circle , Intermediate circle , Outer CircleYour 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 systemsYour Answer Operational level systems

Select The BlankQuestion The benefits of a change in process are defined in terms of ________ cost savingsCorrect Answer LabourYour Answer Labour

Select The BlankQuestion ________ is seen as an integral process that converts materials into goodsCorrect Answer SystemsYour Answer Systems


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 StaffingStrategic Management-Set 4


Multiple Choice Multiple AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer taxes , availability of buyers , market reactionYour Answer market reaction , taxes , availability of buyers



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 AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization


Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profile

Your Answer environmental threat & opportunity profile

Multiple Choice Single AnswerQuestion It concentrates on organisation design and work flowCorrect Answer FlotillaYour Answer Flotilla

Multiple Choice Single AnswerQuestion A Large-scale community development project was funded to enable farmers to use local resources effectively byCorrect Answer Asian PaintsYour Answer Asian Paints

Select The BlankQuestion ________ models can be described as a system that describe how pieces of business fit together.Correct Answer BusinessYour Answer Business

Multiple Choice Multiple AnswerQuestion Niche marketing meansCorrect Answer end user specialist , specific customer specialist , geographic specialistYour Answer end user specialist , specific customer specialist , geographic specialist


Select The BlankQuestion ________ is seen as an integral process that converts materials into goodsCorrect Answer SystemsYour Answer Systems


Question MissionCorrect Answer philosophy, public imageYour Answer philosophy, public image

True/FalseQuestion Counterfeiter copy but with a difference that can be seen.Correct Answer FalseYour Answer False

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 Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense.Correct Answer counteroffensiveYour Answer counteroffensive

Multiple Choice Single AnswerQuestion CAP related to internal appraisal of firm stands forCorrect Answer competitive advantage profileYour Answer competitive advantage profile

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.

Match The Following

Question Correct Answer Your Answer





Multiple Choice Single AnswerQuestion Secondary sources of information areCorrect Answer newspapers, magazines, journals etc.Your Answer newspapers, magazines, journals etc.

Select The BlankQuestion GATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer general agreement on trade & tariff

True/FalseQuestion Three C's affecting today's companies are customer, competition & changeCorrect Answer TrueYour Answer False

Multiple Choice Single AnswerQuestion Maintain strategies meansCorrect Answer no change in strategiesYour Answer no change in strategies





Multiple Choice Multiple AnswerQuestion Macro environmentCorrect Answer Political- legal , socio-cultural , economic-demographicYour Answer Political- legal , socio-cultural , economic-demographic


Multiple Choice Single AnswerQuestion It is the most important feature in the implementation of strategic managementCorrect Answer leadership

Your Answer leadership


Multiple Choice Single AnswerQuestion The aim in stability strategies is-Correct Answer move slowly & surelyYour Answer move slowly & surely

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

Multiple Choice Single AnswerQuestion T in SWOT, refers toCorrect Answer unfavorable conditions in external environment.Your Answer unfavorable conditions in external environment.

Multiple Choice Multiple AnswerQuestion The major issues of appraisal system areCorrect Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisalYour Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal

Multiple Choice Single AnswerQuestion It enables the strategists to take corrective action at the right timeCorrect Answer Premise controlYour Answer Premise control

Select The Blank

Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.Correct Answer DelegationYour Answer Delegation

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 Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer TrueYour Answer True

True/FalseQuestion Micro environment is the internal environment of a company.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 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

Select The BlankQuestion Control should involve________ amount of information.

Correct Answer MinimumYour Answer Minimum

Multiple Choice Multiple AnswerQuestion Principles to manage strategic alliances areCorrect Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategyYour Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy


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 , trends and rate of change of technology


Strategic Management-Set 5Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Wrong motivational styles , Distorted resource allocation , Inappropriate structureYour Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Multiple Choice Multiple AnswerQuestion Various phases of Growth areCorrect Answer Creativity , Delegation , Co-ordinationYour Answer Delegation , Co-ordination , Implication

Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , proceduresYour Answer goals , policies

True/FalseQuestion Excelling in one market guarantees success in a new.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion Export entry modes areCorrect Answer direct/indirect exportYour Answer direct/indirect export

True/FalseQuestion Business ethics is how personal norms do not apply to activities & goals of a commercial firm.Correct Answer FalseYour Answer True


Multiple Choice Single AnswerQuestion At this level , the effort is directed at assessing the consistency of strategy with the environmentCorrect Answer Strategic evaluationYour Answer Strategic evaluation



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 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 , internal inadequacies

Select The BlankQuestion Control should involve________ amount of information.Correct Answer MinimumYour Answer Maximum


Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committeeYour Answer Financial controller


Phase 4 Coordination Coordination

Phase 1 Creativity Creativity

Phase 2 Direction Collaboration

Phase 3 Delegation Direction

True/FalseQuestion Timing of measurement before hand serves the purpose of evaluation.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategyCorrect Answer Strategic surveillanceYour Answer Strategic surveillance


True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion These following factors determine the desire of riskCorrect Answer Strategies , ResourcesYour Answer Strategies , Competence , Time

Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer LeadersYour Answer Leaders

True/FalseQuestion Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer True

Your Answer True

True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour 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 Strategy

Select The BlankQuestion ________ relationships are effective in communicating complex informationCorrect Answer PersonalYour Answer Informal

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

Select The BlankQuestion Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense.Correct Answer counteroffensiveYour Answer contraction

True/FalseQuestion Counterfeiter copy but with a difference that can be seen.Correct Answer FalseYour Answer True

Select The BlankQuestion Displacing competitor is ________ category of goal.Correct Answer common enemyYour Answer aggressive

Multiple Choice Multiple AnswerQuestion The major issues of appraisal system areCorrect Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisalYour Answer Relevance of apprasial , Procedure of appraisal , Individual appraisal


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

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 chainsYour Answer Supply chains

True/FalseQuestion The key principle of moral management is "Can we make money with this action decision or behaviour"?Correct Answer FalseYour Answer True

True/FalseQuestion Staffing function applies to all company levels irrespective of levels of hierarchyCorrect Answer TrueYour Answer True

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

Select The BlankQuestion ________ is seen as an integral process that converts materials into goodsCorrect Answer SystemsYour Answer Statistical quality control

Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business process

Your Answer Business process



Multiple Choice Single AnswerQuestion Concentric diversification meansCorrect Answer new activity related to existing businessYour Answer new activity related to existing business

Multiple Choice Single AnswerQuestion Maintain strategies meansCorrect Answer no change in strategiesYour Answer move slowly & surely

Multiple Choice Single AnswerQuestion Consolidation strategy meansCorrect Answer better profit strategyYour Answer partial differentiation strategy

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

Correct Answer BusinessYour Answer Circular


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

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 Value chain analysis

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

Multiple Choice Multiple AnswerQuestion The culture of a company is conveyed throughCorrect Answer Rites , Myths , RitualsYour Answer Rites , Rituals , Style

Strategic Management(6)


True/False

Question Standards of performance act as the benchmark against which the actual performance is compared.Correct Answer TrueYour Answer True



Select The BlankQuestion ________ is a modern plant consisting of modules centered around a stage in the production processCorrect Answer Flotilla conceptYour Answer Flotilla concept





Variance Actual and budgeted performance Actual and budgeted

performance

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer challenge


True/FalseQuestion Getting new users is a position defense strategy.Correct Answer FalseYour Answer False

Select The BlankQuestion Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense.Correct Answer counteroffensiveYour Answer counteroffensive

True/FalseQuestion According to Michael Porter, the core of efficiency management is strategy.Correct Answer TrueYour Answer False


Question 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 Performance is affected byCorrect Answer Distorted resource allocation , Inappropriate structure , Wrong motivational stylesYour Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

True/FalseQuestion Numerator may bring short-term results, but there may be serious long-term sacrifices.Correct Answer FalseYour Answer True



Multiple Choice Single AnswerQuestion These are critical situations that occur unexpectedly and threaten the course of a firm's strategyCorrect Answer CrisisYour Answer Crisis

Multiple Choice Single AnswerQuestion Contractual entry modes areCorrect Answer licensing / franchisingYour Answer licensing / franchising

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Decision making ability , Vision , Conceptual, human & intellectual skills



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




True/FalseQuestion Divestiture is opposed to diversification.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion The Hallmarks for self-regulation areCorrect Answer Trust & fairness , Changed Management , Integrity & thoughtfulnessYour Answer Trust & fairness , Integrity & thoughtfulness


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 processYour 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 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


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

Multiple Choice Single AnswerQuestion These are moves that will pay off irrespective of what happens in the futureCorrect Answer No-regret movesYour Answer No-regret moves

Multiple Choice Single AnswerQuestion It refers to the relatively more durable company arrangements and relationshipsCorrect Answer StructureYour Answer Strategy

Multiple Choice Multiple AnswerQuestion How does 'structure' reduce internal uncertainity arising out of human behaviourCorrect Answer Control mechanism , Departmentalisation , SpecialisationYour Answer Forecasting , Departmentalisation , Specialisation






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.



Select The BlankQuestion ________ relationships are effective in communicating complex informationCorrect Answer PersonalYour Answer Personal


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

Strategic Management 7


Multiple Choice Single AnswerQuestion General Electric Matrix is divided into how many cellsCorrect Answer 9Your Answer 9


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



Question It refers to formal and informal rules, regulations and procedures that complements the company structureCorrect Answer SystemsYour Answer Systems


Multiple Choice Single AnswerQuestion Export entry modes areCorrect Answer direct/indirect exportYour Answer licensing/franchising

Multiple Choice Multiple AnswerQuestion Business is rated on which dimensionsCorrect Answer Market attractiveness , Business strengthYour Answer Market attractiveness , Business strength

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 The culture of a company is conveyed throughCorrect Answer Myths , Rituals , RitesYour Answer Rites , Myths , Rituals


Question At this level , the effort is directed at assessing the consistency of strategy with the environmentCorrect Answer Strategic evaluationYour Answer Premise evaluation

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 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


Select The BlankQuestion Make or buy decision is related with ________strategy.Correct Answer vertical ( backward ) integrationYour Answer vertical ( backward ) integration

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

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

Select The BlankQuestion Displacing competitor is ________ category of goal.Correct Answer common enemyYour Answer common enemy

Select The BlankQuestion Bajaj started manufacturing of sunny is an example of ________.Correct Answer concentration strategyYour Answer concentration strategy



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

True/FalseQuestion Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer TrueYour Answer True




Multiple Choice Single AnswerQuestion T in SWOT, refers toCorrect Answer unfavorable conditions in external environment.Your Answer unfavorable conditions in internal environment.

Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer Traditional

Your Answer Traditional


Select The BlankQuestion ________ is the company's most critical and scarest resource.Correct Answer CapitalYour Answer Labour

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

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 True

Multiple Choice Single AnswerQuestion At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategyCorrect Answer Operational evaluationYour Answer Strategic evaluation


Multiple Choice Single AnswerQuestion Consolidation strategy meansCorrect Answer better profit strategyYour Answer better profit strategy



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 Multiple AnswerQuestion An unhealthy portfolio hasCorrect Answer More dogs , Few starsYour Answer More dogs , Few stars

Strategic Management-Set 6True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Attack strategies areCorrect Answer frontal attack , flank attack , encirclement attackYour Answer flank attack , encirclement attack , frontal attack



Select The BlankQuestion Economics of scale requires ________.Correct Answer high market shareYour Answer focus

Multiple Choice Single AnswerQuestion The discipline which deals with what is good and bad and which moral obligation isCorrect Answer EthicsYour Answer Ethics

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

Select The BlankQuestion Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.Correct Answer Co-ordinationYour Answer Co-ordination

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

Correct Answer TrueYour Answer True

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 , Type & quality of information

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 A pictorial depiction of various outcomes of a decision isCorrect Answer decision treeYour Answer decision tree


True/FalseQuestion Standards of performance act as the benchmark against which the actual performance is compared.Correct Answer TrueYour Answer True



Select The BlankQuestion ________ is the drive to achieve beyond one's expectationsCorrect Answer MotivationYour Answer Inspiration


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 AnswerQuestion Measures to take corrective actionCorrect Answer Checking performance , Reformulate strategies , Standard checkYour Answer Checking performance , Formulate plans , Standard check

Multiple Choice Single AnswerQuestion General Electric Matrix is divided into how many cellsCorrect Answer 9Your Answer 9



Crisis Management leads to organisational learning First step of signal detection

Milestone review Another method of implementation control Balanced approach to evaluation

Long and short term controls Balanced approach to evaluation Actual and budgeted performance

Variance Actual and budgeted performance Chacking of performance


Question A Large-scale community development project was funded to enable farmers to use local resources effectively byCorrect Answer Asian PaintsYour Answer BHEL

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 Chief executive

True/FalseQuestion Change in company's strategy gives rise to problems necessitating a new structure to be madeCorrect Answer TrueYour Answer False

Select The BlankQuestion Factors leading to personnel capability are________.Correct Answer IR, OBYour Answer IR, OB

Select The BlankQuestion In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.Correct Answer DelegationYour Answer Delegation

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.



True/FalseQuestion Environmental competitiveness tends to encourage ethical behaviour.Correct Answer FalseYour Answer True

True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer TrueYour Answer False

True/FalseQuestion Focused company is generally protected from competition.Correct Answer TrueYour Answer True

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 Techniques used in environmental appraisal areCorrect Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mappingYour Answer structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping




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 qualitative


Select The BlankQuestion ________ and greater accountability replace formal control.Correct Answer Self-disciplineYour Answer Self-discipline

Multiple Choice Single AnswerQuestion Denominator managementCorrect Answer cost reductionYour Answer maintain discipline





Multiple Choice Single AnswerQuestion Vertical integration is concerned withCorrect Answer supply chainYour Answer supply chain

4.

1. vertical forward integration means1. becoming your own supplier

2. horizontal integration means2. additional product/service for same customers

3. vertical backward integration means3. one company buys another company.

4. strategic alliances means4. two or more entities join hands for mutual benefit.

5. becoming supplier for another company

6. becoming your own customer

1. Gap analysis1. Misfit with understanding of critical success factors

2. Corporate parenting2. Fit well but low opportunities

3. Heartland business3. Give the highest priority

4. Ballast business4. Some fit and some misfit

5. Difference between desired and projected performance

6. Managing SBU's by a corporate

4. identifies the impact of any change on performance31. The reasons for acquisition are

a)

b)

c)

d)

Increased market power

Increased diversification

Increased speed to market

Encourage excessive competition

34. Attack strategies are

a)

b)

c)

d)

frontal attack

flank attack

encirclement attack

Enrichment attack

Strategic Management (4)



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




Multiple Choice Multiple AnswerQuestion Harveststrategy is used forCorrect Answer Dogs , Question marksYour Answer Dogs , Question marks , Stars

Multiple Choice Single AnswerQuestion The traditional approach towards uncertainity isCorrect Answer BinaryYour Answer Unitary

Multiple Choice Single AnswerQuestion The strategies which deal with the relative and restricted function for allocation of resources isCorrect Answer Funcational streategiesYour Answer Internal streategies

True/FalseQuestion Macro environment is the internal environment of a company.Correct Answer FalseYour Answer True


Multiple Choice Single AnswerQuestion Contractual entry modes areCorrect Answer licensing / franchisingYour Answer independent ventures to get entry in foreign market


Select The BlankQuestion The ________ are distinct little business set up as units in a larger companyCorrect Answer Strategic business UnitsYour Answer Strategic business Units


True/FalseQuestion Three C's affecting today's companies are customer, competition & changeCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion These are critical situations that occur unexpectedly and threaten the course of a firm's strategyCorrect Answer CrisisYour Answer Crisis

Multiple Choice Single AnswerQuestion Retrenchment strategy meansCorrect Answer contraction of business activitiesYour Answer contraction of business activities

Multiple Choice Single AnswerQuestion At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategyCorrect Answer Operational evaluationYour Answer Strategic evaluation






Multiple Choice Single AnswerQuestion These are moves that will pay off irrespective of what happens in the futureCorrect Answer No-regret movesYour Answer No-regret moves

Select The BlankQuestion Bajaj started manufacturing of sunny is an example of

________.Correct Answer concentration strategyYour Answer expansion strategy

Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibilityCorrect Answer StandardisationYour Answer Goals

Multiple Choice Multiple AnswerQuestion Niche marketing meansCorrect Answer end user specialist , specific customer specialist , geographic specialistYour Answer specific customer specialist , research specialist


Multiple Choice Single AnswerQuestion It is used extensively in organisation and is concerned with action or performanceCorrect Answer Operational controlYour Answer Operational control


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

Retrenchment Strategies Contraction of activities through

elimination of the scope of one or more of its business Retrenchments - either internally or externally

Divestment Strategies Involves the sale or liquidation of a portion of a business Involves the sale or liquidation of a portion of a business

True/FalseQuestion Analysis of variances leads to a plan for corrective actionCorrect Answer TrueYour Answer True



Multiple Choice Multiple AnswerQuestion Business is rated on which dimensionsCorrect Answer Market attractiveness , Business strengthYour Answer Market attractiveness , Profit margin , Competition

level

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




Select The BlankQuestion Make or buy decision is related with ________strategy.Correct Answer vertical ( backward ) integrationYour Answer vertical ( forward )

Multiple Choice Single AnswerQuestion The tool used for decision making in 'A range of futures' scenario isCorrect Answer Technology forecastingYour Answer Technology forecasting

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

True/FalseQuestion Micro environment is the internal environment of a company.Correct Answer TrueYour Answer False

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer product performance analysis

True/FalseQuestion Companies have strenghts in a number of areas but their key strength are few in numberCorrect Answer TrueYour Answer True

True/FalseQuestion Getting new users is a position defense strategy.Correct Answer False

Your Answer True



Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purposeYour Answer core values , core purpose , ideas and suggestions


Multiple Choice Multiple AnswerQuestion market research is conducted byCorrect Answer by employees , by research agencies , by consultantsYour Answer by employees , by research agencies , by consultantsStrategic Management-Set 7Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibilityCorrect Answer Standardisation

Your Answer Standardisation

Multiple Choice Multiple AnswerQuestion Organizational models areCorrect Answer multinational model , international model , global organizational modelYour Answer international model , global organizational model , multinational model






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









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 , Chartered accountant , Financial controller

True/FalseQuestion Divestiture is opposed to diversification.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion It concentrates on organisation design and work flowCorrect Answer FlotillaYour Answer Systems approach




Select The BlankQuestion GATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer global agreement on trade & taxes

Select The Blank

Question Control should involve________ amount of information.Correct Answer MinimumYour Answer Formal


Multiple Choice Single AnswerQuestion Corporate strategy ensuresCorrect Answer fit between the firm and its environmentYour Answer Easy availability of resources




Multiple Choice Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity




Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?

Correct Answer Audit committeeYour Answer Audit committee







Question They are ultimately responsible for all the administrative aspects of strategic evaluation and controlCorrect Answer Chief executiveYour Answer Chief executive






Multiple Choice Multiple AnswerQuestion Attack strategies are

Correct Answer frontal attack , flank attack , encirclement attackYour Answer frontal attack , flank attack , encirclement attack






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



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


Strategic Management 2

Select The BlankQuestion Bajaj started manufacturing of sunny is an example of ________.Correct Answer concentration strategyYour Answer expansion strategy

True/FalseQuestion Focused company is generally protected from competition.Correct Answer TrueYour Answer False


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



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 True

Multiple Choice Multiple AnswerQuestion An unhealthy portfolio hasCorrect Answer More dogs , Few starsYour Answer More dogs , Few stars

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 Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer challenge

Multiple Choice Multiple AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer taxes , availability of buyers , market reactionYour Answer market reaction , taxes , availability of buyers



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 Single AnswerQuestion Consolidation strategy meansCorrect Answer better profit strategyYour Answer move slowly & surely



True/FalseQuestion Excelling in one market guarantees success in a new.Correct Answer FalseYour Answer False


Multiple Choice Single AnswerQuestion Corporate strategy ensuresCorrect Answer fit between the firm and its environmentYour Answer fit between the firm and its environment


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 Degree to which the decision maker is accountable for the outcomes of the decision isCorrect Answer accountabilityYour Answer accountability

Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer LeadersYour Answer Leaders


Multiple Choice Multiple AnswerQuestion market research is conducted byCorrect Answer by employees , by research agencies , by consultantsYour Answer by research agencies , by consultants

True/FalseQuestion Changes in company structure also necessitates changes in the systems in various degreesCorrect Answer TrueYour 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 BlankQuestion Strategic evaluation determines the effectiveness of ________Correct Answer StrategyYour Answer Strategy

Multiple Choice Multiple AnswerQuestion Harveststrategy is used forCorrect Answer Dogs , Question marksYour Answer Question marks , Stars




Select The Blank

Question Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer product performance analysis


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 False


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



Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity isCorrect Answer significanceYour Answer aversion


Multiple Choice Single AnswerQuestion The discipline which deals with what is good and bad and which moral obligation isCorrect Answer EthicsYour Answer Ethics

The benefits of a change in process are defined in terms of cost savingsGetting new users is a position defense strategy.TrueFalse

Strategic Management-Set 8Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibilityCorrect Answer StandardisationYour Answer Standardisation

Multiple Choice Multiple AnswerQuestion Organizational models are

Correct Answer multinational model , international model , global organizational modelYour Answer international model , global organizational model , multinational model






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









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

Correct Answer Company secretary , Auditor , Financial controllerYour Answer Company secretary , Chartered accountant , Financial controller

True/FalseQuestion Divestiture is opposed to diversification.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion It concentrates on organisation design and work flowCorrect Answer FlotillaYour Answer Systems approach



Multiple Choice Multiple AnswerQuestion How does 'structure' reduce external uncertainity arising out of human behaviourCorrect Answer Research and planning , Forecasting

Your Answer Research and planning , Forecasting

Select The BlankQuestion GATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer global agreement on trade & taxes

Select The BlankQuestion Control should involve________ amount of information.Correct Answer MinimumYour Answer Formal


Multiple Choice Single AnswerQuestion Corporate strategy ensuresCorrect Answer fit between the firm and its environmentYour Answer Easy availability of resources

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 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 Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity

Multiple Choice Single AnswerQuestion 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 planningYour Answer Man-power planning



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 Financial environment is concerned withCorrect Answer demand & supply of money, capital markets

Your Answer demand & supply of money, capital markets




Multiple Choice Single AnswerQuestion They are ultimately responsible for all the administrative aspects of strategic evaluation and controlCorrect Answer Chief executiveYour Answer Chief executive

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

Correct Answer visionYour Answer vision











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 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


straticg mngmt assingmnt

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