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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

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
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
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
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
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
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
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

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
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
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

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

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

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 Management-Set 3
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
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

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
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 Management-Set 4

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.
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
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
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

Strategic Management-Set 5
Multiple Choice Multiple Answer
Question Performance is affected by
Correct Answer Wrong motivational styles , Distorted resource
allocation , Inappropriate structure
Your Answer Distorted resource allocation , Inappropriate structure
, Wrong motivational styles


Multiple Choice Multiple Answer
Question Various phases of Growth are
Correct Answer Creativity , Delegation , Co-ordination
Your Answer Delegation , Co-ordination , Implication


Multiple Choice Multiple Answer
Question Program is a combination of
Correct Answer goals , policies , procedures
Your Answer goals , policies


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


Multiple Choice Single Answer
Question Export entry modes are
Correct Answer direct/indirect export
Your Answer direct/indirect export


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


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 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 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 Control should involve________ amount of information.
Correct Answer Minimum
Your Answer Maximum


Select The Blank
Question Modern Accounting uses ________ as a unit of measure
Correct Answer Time
Your Answer Time


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


Match The Following
Question Correct Answer Your Answer

Phase 4 Coordination Coordination

Phase 1 Creativity Creativity

Phase 2 Direction Collaboration

Phase 3 Delegation Direction



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


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


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


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 Budgets are plans expressed in numerical terms usually
in financial terms
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 ________ 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 Strategy


Select The Blank
Question ________ relationships are effective in communicating
complex information
Correct Answer Personal
Your Answer Informal


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 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 contraction


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


Select The Blank
Question Displacing competitor is ________ category of goal.
Correct Answer common enemy
Your Answer aggressive


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 Relevance of apprasial , Procedure of appraisal ,
Individual appraisal


True/False
Question All policies are 'statements'
Correct Answer False
Your Answer False


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


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 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 ________ is seen as an integral process that converts
materials into goods
Correct Answer Systems
Your Answer Statistical quality control


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 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 Concentric diversification means
Correct Answer new activity related to existing business
Your Answer new activity related to existing business


Multiple Choice Single Answer
Question Maintain strategies means
Correct Answer no change in strategies
Your Answer move slowly & surely


Multiple Choice Single Answer
Question Consolidation strategy means
Correct Answer better profit strategy
Your Answer partial differentiation strategy


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


Match The Following
Question Correct Answer Your Answer

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 Answer
Question The culture of a company is conveyed through
Correct Answer Rites , Myths , Rituals
Your Answer Rites , Rituals , Style



Strategic Management(6)


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


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 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 Core ideology
Correct Answer core values , core purpose
Your Answer core values , core purpose


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


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


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 Getting new users is a position defense strategy.
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 According to Michael Porter, the core of efficiency
management is strategy.
Correct Answer True
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


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 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 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 These are critical situations that occur unexpectedly and
threaten the course of a firm's strategy
Correct Answer Crisis
Your Answer Crisis


Multiple Choice Single Answer
Question Contractual entry modes are
Correct Answer licensing / franchising
Your Answer licensing / franchising


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


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 Labour satisfaction may result in unethical behaviour as
anger.
Correct Answer False
Your Answer False


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


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


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 Divestiture is opposed to diversification.
Correct Answer False
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 , Integrity & thoughtfulness


Select The Blank
Question Module of Flotilla strikes an optimum balance of ________
and flexibility
Correct Answer Standardisation
Your Answer Standardisation


Multiple Choice Multiple Answer
Question 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
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 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 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


Match The Following
Question 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



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 It refers to the relatively more durable company
arrangements and relationships
Correct Answer Structure
Your Answer Strategy


Multiple Choice Multiple Answer
Question How does 'structure' reduce internal uncertainity arising
out of human behaviour
Correct Answer Control mechanism , Departmentalisation ,
Specialisation
Your Answer Forecasting , Departmentalisation , Specialisation


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 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 Modern Accounting uses ________ as a unit of measure
Correct Answer Time
Your Answer Time


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 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 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 Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management


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 ________ relationships are effective in communicating
complex information
Correct Answer Personal
Your Answer Personal


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 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



Strategic Management 7


True/False
Question Macro environment has got immediate impact on
business.
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 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 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 Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer internal analysis


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 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 licensing/franchising


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 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 The culture of a company is conveyed through
Correct Answer Myths , Rituals , Rites
Your Answer Rites , Myths , Rituals


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 Premise evaluation


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 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 Macro environment has got immediate impact on
business.
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


True/False
Question Analysis of variances leads to a plan for corrective action
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 Displacing competitor is ________ category of goal.
Correct Answer common enemy
Your Answer common enemy


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 traditional approach towards uncertainity is
Correct Answer Binary
Your Answer Binary


Match The Following
Question 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/False
Question Arranging training program on productivity is a strategic
decision.
Correct Answer False
Your Answer False


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 Environmental competitiveness tends to encourage ethical
behaviour.
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 The actual performance matches the budgeted
performance. This is a realistic situation.
Correct Answer False
Your Answer True


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


Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process


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 ________cost accounting measures the cost of producing
and ignores the cost of non-producing
Correct Answer Traditional
Your Answer Traditional


Select The Blank
Question ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental threat & opportunity profile


Select The Blank
Question ________ is the company's most critical and scarest
resource.
Correct Answer Capital
Your Answer Labour


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 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


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 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


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 Consolidation strategy means
Correct Answer better profit strategy
Your Answer better profit strategy


True/False
Question Scheduling is a part of strategic management.
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 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 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 An unhealthy portfolio has
Correct Answer More dogs , Few stars
Your Answer More dogs , Few stars

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


Multiple Choice Multiple Answer
Question Attack strategies are
Correct Answer frontal attack , flank attack , encirclement attack
Your Answer flank attack , encirclement attack , frontal attack


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 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 Economics of scale requires ________.
Correct Answer high market share
Your Answer focus


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 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


True/False
Question Under functional strategics we have vertical fit &
horizontal fit.
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 , Type & quality of
information


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 A pictorial depiction of various outcomes of a decision is
Correct Answer decision tree
Your Answer decision tree


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 Standards of performance act as the benchmark against
which the actual performance is compared.
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 Strategic management deals with
Correct Answer Business process
Your Answer Business process


Select The Blank
Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Inspiration


Match The Following
Question 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 Measures to take corrective action
Correct Answer Checking performance , Reformulate strategies ,
Standard check
Your Answer Checking performance , Formulate plans , Standard
check


Multiple Choice Single Answer
Question General Electric Matrix is divided into how many cells
Correct Answer 9
Your Answer 9


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 Following
Question Correct Answer Your Answer

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



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 BHEL


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 Chief executive


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 Factors leading to personnel capability are________.
Correct Answer IR, OB
Your Answer IR, OB


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 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 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


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


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


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 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 structured/ unstructured expert/inexpert opinion ,
Dynamic modes and mapping


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 concerned with
Correct Answer long- range planning
Your Answer long- range planning


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
Question A cycling accessory firm strive to become 'the nike of the
cycling industry' is ________category of goal.
Correct Answer role model
Your Answer qualitative


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 ________ and greater accountability replace formal control.
Correct Answer Self-discipline
Your Answer Self-discipline


Multiple Choice Single Answer
Question Denominator management
Correct Answer cost reduction
Your Answer maintain discipline


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 external uncertainity arising
out of human behaviour
Correct Answer Research and planning , Forecasting
Your Answer Research and planning , Forecasting


True/False
Question Macro environment has got immediate impact on
business.
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 Single Answer
Question Vertical integration is concerned with
Correct Answer supply chain
Your Answer supply chain


4.



1. vertical forward integration means
1. becoming your own supplier

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

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

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

5. becoming supplier for another company

6. becoming your own customer



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

2. Corporate parenting
2. Fit well but low opportunities

3. Heartland business
3. Give the highest priority

4. Ballast business
4. 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 performance
31. 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)


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 concerned with
Correct Answer long- range planning
Your Answer long- range planning


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 ________ 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 Companies employ trained ________ to develop
"competency models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists


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 , Stars


Multiple Choice Single Answer
Question The traditional approach towards uncertainity is
Correct Answer Binary
Your Answer Unitary


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 Internal streategies


True/False
Question Macro environment is the internal environment of a
company.
Correct Answer False
Your Answer True


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 Contractual entry modes are
Correct Answer licensing / franchising
Your Answer independent ventures to get entry in foreign market


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


True/False
Question Arranging training program on productivity is a strategic
decision.
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 These are critical situations that occur unexpectedly and
threaten the course of a firm's strategy
Correct Answer Crisis
Your Answer Crisis


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 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


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 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 Bajaj started manufacturing of sunny is an example of
________.
Correct Answer concentration strategy
Your Answer expansion strategy


Select The Blank
Question Module of Flotilla strikes an optimum balance of ________
and flexibility
Correct Answer Standardisation
Your Answer Goals


Multiple Choice Multiple Answer
Question Niche marketing means
Correct Answer end user specialist , specific customer specialist ,
geographic specialist
Your Answer specific customer specialist , research specialist


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 It is used extensively in organisation and is concerned
with action or performance
Correct Answer Operational control
Your Answer Operational control


Match The Following
Question Correct Answer Your Answer

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


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 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 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 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


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 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 Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer vertical ( forward )


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 Criteria for making an evaluation are
Correct Answer Consistency with goals , Consistency with
environment , Money
Your Answer Consistency with goals , Consistency with
environment


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


Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer product performance analysis


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


True/False
Question Labour satisfaction may result in unethical behaviour as
anger.
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 Multiple Answer
Question Core ideology
Correct Answer core values , core purpose
Your Answer core values , core purpose , ideas and suggestions


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 market research is conducted by
Correct Answer by employees , by research agencies , by
consultants
Your Answer by employees , by research agencies , by consultants
Strategic Management-Set 7
Select The Blank
Question Module of Flotilla strikes an optimum balance of ________
and flexibility
Correct Answer Standardisation
Your Answer Standardisation


Multiple Choice Multiple Answer
Question Organizational models are
Correct Answer multinational model , international model , global
organizational model
Your Answer international model , global organizational model ,
multinational model


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 Single Answer
Question Secondary sources of information are
Correct Answer newspapers, magazines, journals etc.
Your Answer newspapers, magazines, journals etc.


Match The Following
Question 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/False
Question Arranging training program on productivity is a strategic
decision.
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 False


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 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 , Chartered accountant , Financial
controller


True/False
Question Divestiture is opposed to diversification.
Correct Answer False
Your Answer False


Multiple Choice Single Answer
Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Your Answer Systems approach


Multiple Choice Single Answer
Question Strategic management is concerned with
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 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 global agreement on trade & taxes


Select The Blank
Question Control should involve________ amount of information.
Correct Answer Minimum
Your Answer Formal


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 Corporate strategy ensures
Correct Answer fit between the firm and its environment
Your 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
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 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 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 Knowledge of the relationships between choices,
environment & outcomes is
Correct Answer familiarity
Your Answer familiarity


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


Multiple Choice Single Answer
Question Mission
Correct Answer philosophy, public image
Your Answer target


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


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 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 ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental threat & opportunity 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


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 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 Empower people through great software anytime , any
place, on any device'- Microsoft
Correct Answer vision
Your Answer vision


Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process


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 All policies are 'statements'
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 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 Standards of performance act as the benchmark against
which the actual performance is compared.
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
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management


Multiple Choice Single Answer
Question Core purpose
Correct Answer mission
Your Answer mission


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



Strategic Management 2


Select The Blank
Question Bajaj started manufacturing of sunny is an example of
________.
Correct Answer concentration strategy
Your Answer expansion strategy


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


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 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 Critical resources in the emerging information age are
Correct Answer Information , Expertise , Intelligence
Your Answer Information , Expertise , Intelligence


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


Multiple Choice Multiple Answer
Question An unhealthy portfolio has
Correct Answer More dogs , Few stars
Your Answer More dogs , Few stars


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


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 Core purpose
Correct Answer mission
Your Answer mission


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 W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer inherent inadequacy of organization


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 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


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 W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer inherent inadequacy of organization


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 Arranging training program on productivity is a strategic
decision.
Correct Answer False
Your Answer False


Multiple Choice Single Answer
Question Consolidation strategy means
Correct Answer better profit strategy
Your Answer move slowly & surely


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 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 Excelling in one market guarantees success in a new.
Correct Answer False
Your Answer False


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


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 concerned with
Correct Answer long- range planning
Your Answer long- range planning


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 An approach that strives to follow ethical principles and
percepts is
Correct Answer Moral management
Your Answer Moral management


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


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 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 market research is conducted by
Correct Answer by employees , by research agencies , by
consultants
Your Answer by research agencies , by consultants


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 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 Strategic evaluation determines the effectiveness of
________
Correct Answer Strategy
Your Answer Strategy


Multiple Choice Multiple Answer
Question Harveststrategy is used for
Correct Answer Dogs , Question marks
Your Answer Question marks , Stars


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


Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process


True/False
Question Macro environment has got immediate impact on
business.
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 Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management


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 False


Match The Following
Question 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 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 Magnitude of the decision outcome and scope of their
impact on the decision maker's domain of activity is
Correct Answer significance
Your Answer aversion


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 discipline which deals with what is good and bad and
which moral obligation is
Correct Answer Ethics
Your Answer Ethics


The benefits of a change in process are defined in terms of cost
savings
Getting new users is a position defense strategy.
True
False

Strategic Management-Set 8
Select The Blank
Question Module of Flotilla strikes an optimum balance of ________
and flexibility
Correct Answer Standardisation
Your Answer Standardisation


Multiple Choice Multiple Answer
Question Organizational models are
Correct Answer multinational model , international model , global
organizational model
Your Answer international model , global organizational model ,
multinational model


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 Single Answer
Question Secondary sources of information are
Correct Answer newspapers, magazines, journals etc.
Your Answer newspapers, magazines, journals etc.


Match The Following
Question 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/False
Question Arranging training program on productivity is a strategic
decision.
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 False


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 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 , Chartered accountant , Financial
controller


True/False
Question Divestiture is opposed to diversification.
Correct Answer False
Your Answer False


Multiple Choice Single Answer
Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Your Answer Systems approach


Multiple Choice Single Answer
Question Strategic management is concerned with
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 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 global agreement on trade & taxes


Select The Blank
Question Control should involve________ amount of information.
Correct Answer Minimum
Your Answer Formal


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 Corporate strategy ensures
Correct Answer fit between the firm and its environment
Your 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
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 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 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 Knowledge of the relationships between choices,
environment & outcomes is
Correct Answer familiarity
Your Answer familiarity


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


Multiple Choice Single Answer
Question Mission
Correct Answer philosophy, public image
Your Answer target


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


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 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 ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental threat & opportunity 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


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 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 Empower people through great software anytime , any
place, on any device'- Microsoft
Correct Answer vision
Your Answer vision


Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process


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 All policies are 'statements'
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 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 Standards of performance act as the benchmark against
which the actual performance is compared.
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
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management


Multiple Choice Single Answer
Question Core purpose
Correct Answer mission
Your Answer mission


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