Answer sheet for - "Assignment-I_Strategic Management (SMc) " Scored: 8 / 30

Time taken: 15 Min , 57 Sec

1. Which of the following corporate-level strategies aims to reduce the size or diversity of
organisational operations?

2 / 2 Marks Correct

Small exploration strategy

Profit strategy

Retrenchment strategy 

Stability strategy

 comments

2. Which of the following schools advocates the formulation of strategy within the context of the
industry in which the organisation operates?

0 / 2 Marks Incorrect

Planning school

Cognitive school

Learning school

Positioning school 

 comments

3. Which of the following options forms the core of strategic management by building a framework
that provides a direction to achieve the organisational goals?

0 / 2 Marks Incorrect

Direction

Mission
 Strategic intent 

Vision

 comments

4. The organisation follow strategy to expanding the present niche market segment by acquiring
more customers.Identify from the given options.

0 / 2 Marks Incorrect

Market niches 

Market leaders

Market Challengers

Market followers

 comments

5. Diversification strategies may suffer from imbalance in one or more businesses of the
organisation due to a lack of adequate attention. (True/False)

0 / 2 Marks Incorrect

TRUE 

FALSE

 comments

6. Which school treats strategy formation as attaining the appropriate fit between external threats
and opportunities and internal strengths and weaknesses?

0 / 2 Marks Incorrect

Positioning school

Design school 
 Planning school

Cognitive school

 comments

7. Which approach is used for surveys and research studies for short-term information.

0 / 2 Marks Incorrect

Systematic approach

All of these

Ad-hoc approach 

Processed-form approach

 comments

8. Which option covers the usage of duplicate resources or capabilities by competitors to imitate
others? core competency?

2 / 2 Marks Correct

Replicability 

None of these

Transparency

Transferability

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9. Which among the following are organisations that react immediately after first movers?

0 / 2 Marks Incorrect

Late movers
 Second movers 

None of these

First movers

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10. Under which of the following strategies mergers takeovers liquidation and diversification
decision come?

0 / 2 Marks Incorrect

Administration-level strategy

Business-level strategy

Functional-level strategy

Corporate-level strategy 

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11. Which of the following factors can be controlled by the organisation?

2 / 2 Marks Correct

External environment

Internal environment 

None of these

External environment and Internal environment

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12. Which option refers to the attack in which the organisation ignores its competitors and
diversifies into unrelated products and moves into new geographical areas?
 0 / 2 Marks Incorrect

None of these

frontal attack

Frank attack

Bypass attack 

 comments

13. Which element is considered by any organisation before starting its operations and making its
strategy?

0 / 2 Marks Incorrect

Vision 

Mission

Direction

Defining the challenges

 comments

14. Key factor rating refers to the process of analysing the capabilities of the organisation by
considering key factors of different areas or functions of the organisation with the help of different
questions. (True/False)

2 / 2 Marks Correct

FALSE

TRUE 

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15. Identify which one of the following directly affects the organisation by influencing its routine
activities and operations?
 0 / 2 Marks Incorrect

None of these

Internal or micro environment and External or macro environment

Internal or micro environment 

External or macro environment

 comments