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Bottom of Form Share & Embed Add to Collections Download this Document for Free Auto-hide: on Strategic Management and Business Policy MB 0036/MH 0045 (3 Credits) Group A: 1 Marks Questions (Question Number 1-40) Group B: 2 Marks Questions (Question Number 41-60) Group C: 4 Marks Questions (Question Number 61-75) Full Marks: 140 Please Answer All Questions Only One Option is CorrectGroup A1. ___________________ refers to the process of identifying opportunities to achieve further growth within the companys current businesses. a) Diversification Growthb) Integrative Growthc) Intensive Growthd) Market Development StrategyAns:- c) 2. Two or more companies may get together to synergise their operation, seeking alliance for their ______________________.a) Promotional Allianceb) Product and/or service alliancec) Pricing Collaborationsd) Logistic AllianceAns:- b)

3. When the firm finds that it is not possible to fill a gap in the market with the existing strategy, itconsiders a change in the focus of the _________________________________________.a) Strategyb) Operationc) Resourcesd) MarketAns:- a)

4. ____________________ can be adopted in the case of highly competitive and volatileindustries.a) Combinationb) Stabilityc) Retrenchmentd) ExpansionAns:- d) 5. External stability can be attained by maintaining_____________________.a)

Market shareb) Expansionc) Focusd) DiversificationAns:- a 6. A good ______________ plan will help attract necessary financing by demonstrating thefeasibility of your venture and the level of thought and professionalism you bring to the task.a) Strategyb) Marketc) Businessd) ExpansionAns:- c 7. Once established, the Business priorities need to be ____________ and updated.a) Changedb) Reviewedc) Analysedd) ControlledAns:- b) 8. The need to ___________________ effectively underlies the whole work programme.a) Communicateb) Operatec) Managed) ReviewAns:- a)

9.

________________ enterprises of today work with an internet gateway giving access to millionsof records, with published principles, tools, standards and guidance that can be applied toBusiness data including their collection and mobilization.a) Globalisedb) Transnationalc) Multinationald) BusinessAns: a) 10. ____________________relates to the use of the NETWORK within the day to day business of agencies as a source of data relevant to local reporting or casework.a) Processesb) Generic Enhancementc) Data contributor engagementd) Operational UseAns: d) 11. _______________________ is free enough to take more than a single pre- determined path into the future , and therefore cannot be purely mechanical. a) Strategic Systemb) Complex Systemc) Multi Systemd) Mechanical SystemAns: b) 12. The creativity and imagination of a business will come from the ___________________interaction of diverse individuals.a) Staticb) Dynamicc) PersonalAns: b) 13.

______________________are Creative- They are natural born story teller.a) Ad- Agentsb) Top managementsc) Sales Peopled) AccountantsAns:- c)

14. There are lessons learned from the _____________ industry, which point to the importance of immaterial investments.a) Japaneseb) Chinesec) U.Sd) GermanAns:- a) 15. Instead of designing and planning products and services as a top down exercise through acaptive ______________ , the models of self organisisng networks provide an alternative view. a) CRMb) Logisticc) Channeld) Supply ChainAns:- d) 16. ______________________ Means intervention and co- ordination by individuals or teamsbefore, during , and after an event to resolve the crisis, minimize loss, and otherwise protect theorganization.a) Crisis Management Teamb) Crisis management Centerc)

Crisis Managementd) Crisis Management PlanningsAns: c) 17. ______________________ is a management level financial analysis that identifies the impacts of losing an organi zations resources. a) Business Continuityb) Business Continuity Planc) Business Impact Analysisd) Business Control PolicyAns:- c)

18. ___________________________ is a comprehensively managed effort to prioritize key businessprocesses, identify significant threats to normal operation, and plan mitigation strategies toensure effective and efficient organizational response to the challenges that surface during andafter crisis.a) Business Continuityb) Business Continuity Planc) Business Impact Analysisd) Business Control PolicyAns: a) 19. ______________________ is a business activity or process that cannot be interrupted orunavailable for several business days without having a significant negative impact on theorganizationa) Critical Recordsb) Disasterc) Critical Functiond) Disaster RecoveryAns: c) 20. _____________________ should be arranged as necessary.a) Crisis Management Teamb) Crisis Counselingc)

Crisis Managementd) Crisis Management PlanningsAns : b) 21. The Chief Financial Officer is subordinated to _______________.a) Chief Executive Officer ( CEO)b) Managing Director (MD)c) Financial Directord) Board of DirectorAns: a) 22. A __________________________ is an organized program for employees of a corporationallowing them to buy its shares.a) Employees Stock Option Planb) Economic Recovery Taxc) Stock Optiond) Entrepreneurs One Stop Shop Ans: c)

23. The CFO can report directly to the Board of Directors through the person of ___________________.a) Managing Directorb) The Chief Executive Officerc) Financial Directord) The Chairman of the Board of DirectorsAns: d) 24. A company can run liabilities which outweigh its assets. This is called __________________________.a) Economic Recovery Taxb)

Qualifying Stock Optionc) Equity Insolvencyd) Bankruptcy InsolvencyAns: d) 25. Once the assets of the company are sold, the first to be fully paid off are ___________________________a) Secured Creditorsb) Secured Debitorsc) Secured Investord) EntrepreneurAns: a) 26. State True or FalseThe Budget allocates amounts of money to every activity and/ or department of the firm.Ans: True 27. State True or falseA decision system has great impact on the profits of the company.Ans: True 28. Operating Cash Flow= Net Income + ______________________________a) Change in working Capitalb) Total Current Liabilitiesc) Previous Years Working Capital d) Depreciation and AmortizationAns: d)

29. Working Capital= _____________________- Total Current Liabilitiesa) One years Working Capital b) Operating Cash Flowc)

Capital Expenditured) Total Current AssetsAns: d) 30. When the advance- money is finished, the construction company notifies the ______________a) Bankersb) Buyersc) Suppliersd) FinancersAns:- b) 31. The _______________ normally includes the right to exclude others from making, using, selling,or importing the patented product, and similar rights concerning patented processes.a) Patent Rightb) Commercial Rightc) Legal Rightd) Property RightAns:- a) 32. A _______________ involves a formal, legally binding commitment between two or morepartners to work together on shared enterprise.a) Merger Agreementb) Joint Venture Agreementc) Acquisition Agreementd) None of theseAns:- b) 33. A _____________________ company is an independent company created from an existing legalbody.a) Spin off b)

Joint venturec) Individuald) AcquiredAns:- a)

34. A ____________________ is a general term for a new company is its early stages of development.a) Small Scale Companyb) Commercial Companyc) Start Up Companyd) Multinational CompanyAns:- c) 35. A ________________ is a further license, when the licensee of the original license itself grants alicense itself a third party.a) Sole Licenseb) Sub Licensec) License Rightd) All of theseAns:- b) 36. CSR is not an __________________ ass on to business core activities - but about the way inwhich businesses are managed.a) Additionalb) Compulsoryc) Optionald) None of theseAns:- c)

37. Beyond CSR, international agreements are in place and their implementation by _____________________ should be promoted.a) Companiesb) Promotersc) Multinational Enterprisesd) GovernmentsAns:- d) 38. Most research about corporate responsibility focuses on ____________________ of managers,and particularly on managers responsible for health, safety and environmental issuesa) Investigationb) Creativityc) Performanced) All of theseAns:- a)

39. _____________________ have been identified as the crucial factor that influences an organizations sustainable behavior. a) Personnels b) Managersc) Individualsd) ProfessionalsAns:- c) 40. CSR relates to a very wide range of company _________________.a) Activitiesb)

Operationc) Performanced) CapabilityAns:- a) GROUP- B 41. Programmes refer to the ____________________ sequence of _____________ to be performedin a given project or job.a) Creative, Jobsb) Task, Rulesc) Assignments, Actiond) Logical, OperationAns- d) 42. Mission- _______________________________________________________a) A world cla ss, innovative, competitive and profitable engineering enterprise providing total business solutions. b) What the company wants to achieve c) To achieve the Goal d) To achieve the above objectives Ans:- b) 43. A. ) _________________- It refers to the process of identifying opportunities to achieve further growth within the companys current businesses. a) Intensive Growthb) Integrative Growth

c) Diversificationd) None of theseAns:- a) 44. B.) ______________________ is to explore the possibility to find or develop new markets for itscurrent products.a) Product Developmentb) Integrativec) Diversificationd) Market Development StrategyAns:- d) 45. Product and/ or service alliance:- ______________________________________________________________a) Two or more companies may come together to promote their products and servicesb) Companies may join together for pricing collaborationsc) The focus is on developing or extending logistics supportd) Two or more companies may get together to synergise their operations, seeking alliance fortheir product and services.Ans- d) 46. State True or FalseA. The strategic review of the NETWORK is designed to move the development programme of the NETWORK on from its initial proof of concept Ans - TrueB. The principal target for the development of the Internet Gateway is not addition of Content.AnsFalse 47. The __________ is dependent upon ___________of the NETWORK work programme.a) Plan, Coordination,b) Operation, Cooperationc)

Management, Rulesd) None of the aboveAns- c) 48. As _________________ and ______________ of the vision of a national network linking therecorders of Business information to the users of the informationa) Participant, Facilitator,b) Guardian, promoterc) Advisor, Partnerd) None of theseAns- b)

49. The study of complex systems therefore revealed a co- evolutionary process of a system and itsenvironment in which successive change and adaptation each involved two separate steps:a) Focussed on efficiency and strategic planning and control, In generating successfulcompanies capable of flourishing in this new environmentb) The environment in the future after the decision is known, We can ignore effect that we do not knowc) Discovering what to do, Doing what has been decidedd) Know your option, Evaluate the single outcome of implementing each of them.Ans:- c) 50. A.) ____________________ - A work location, other than the primary location, to be used whenthe primary location is not accessible.a) Business Continuityb) Business Continuity planc) Business Impact Analysisd) Alternate WorksiteAns- d)B.) _________________- A pre- arranged agreement developed between two or more entities toRender assistance to the parties of the agreement.a) Mutual Aid Agreementb)

Preventionc) Mitigation Strategiesd) ReadinessAns:- a) 51. Write the Full Form Of-A.) ERTA-_________________________________Ans:- Economic Recovery Tax ActB.) ESOP- _________________________________Ans:- Employee Stock Ownership Plan 52. Write the Full Form Of-A.) CFO- __________________Ans:- Chief Financial OfficerB.) CEO-____________________Ans:- Chief Executive Officer 53. Developing ___________ are still after the cosy _______________ European model.a) Companies, Newb) Management, Pastc) Countries, Outdatedd) None of theseAns:- c)

54. State True or False-A.) A top executive is not asked how profitable will his firm be this quarter.Ans:- FalseB.) Decision Support Systems cost as little as 20, 000 USD.Ans:- True 55. _________________ is a branch of _________________ and wherever and whenever humans are involved, answers dont come easily. a.) Sales, Marketingb.)

Economy, Psychologyc.) Resource, HRDd.) Stock, FinanceAns:- b) 56. FCFE= ____________________- (1- Debt Ratio)*(_____________________ Depreciation andAmortization + Change in working Capital)a) Capital Expenditure, Net Incomeb) Preferred Dividends, Principle Repayment of Debtc) Principle Repayment of Debt, Preferred Dividendsd) Net Income, Capital ExpenditureAns:- d) 57. Write the full form of the following:-A.) ROE- _________________________________________Ans:Return on Banks Equity B.) ROA- ___________________________________________Ans:Return on Banks Asset 58. A ________________________ is merely the grant of permission to undertake some of theactions covered by intellectual property rights, and the ____________________ retainsownership and control of the basic patent.a.) Licence, Patent holderb.) Agreement, Partnerc.) Legal commitment, Companyd.) None of theseAns:- a)

59.

The person granting the licence is the ________________ and the person receiving the licence isthe ___________________________.a.) Licence Officer, Ownerb.) Licensor, Licenseec.) Licence Contoller, Representatived.) Licence Authority, ApplicantAns:- b) 60. Write Full Form Of-A.) GRI-_______________________________________Ans:- Global Reporting InitiativeB.) EMAS-_______________________________________Ans:- Eco- Management and Audit scheme GROUP- C 1. State whether the following statements are True or False:-A.) A strategy is an operational tool to achieve the goals, and thus, the corporate mission.Ans:TrueB.) Strategies attempt to outline exactly how the enterprise is to accomplish its objectives.Ans:FalseC.) Diversification refers to the process of identifying opportunities to develop or acquire businesses that are not related to companys current businesses Ans:-TrueD.) Intensive Growth refers to the process of identifying opportunities to develop or acquire businesses that are related to the companys current businesses. Ans:- False2. Match These:A.) Vision- a) How do we translate this into action.B.) Mission- b) To ensure that employees are committedC.) Goals- c) Be InnovativeD.) Objectives- d). To emerge as the most competitive player in terms of price and qualityAns- AaB- cC-dD- b

3. Match These:-A.) Cost of Goods Sold a) Cost of Goods SoldB.) Debt/ Equity Investment- b)RentC.) Expenses- c) Equipment LoanD.) Overhead Expenses- d) Materials/ SupppliesAns:- A- d, B- c, C-a, D-b4. State True or False:-A.) The driver is not concerned with providing ready access to data on location, extent, pattern,and quality Business.Ans:- FalseB.) Once established, the Business Priorities need not be reviewed and updated.Ans:- FalseC.) The Business Priorities are based upon ten top- level objectives.Ans:- FalseD.) Your Business Plan is not just a funding tool, but also a blueprint for how your businessshould operate.Ans: True5. State True or False:-A.) The people involved in manufacturing actually create product that change the world.Ans:TrueB.) Efficiency of execution must precede imagination and creativity.Ans:- FalseC.) A complex system is a system that has one possible future.Ans:- FalseD.) Complex systems thinking also inform us how to achieve a high rate of delivery of newproducts and services and rapid adaptation to changing condition.Ans:- True6. Match the following:-A.) Crisis Management:- a.) A specific room or facility staffed by personnel charged withcommanding, controlling and coordinating the use of resources and personnel andpersonnel in response to a crisis.B.) Crisis Management Center- b.) Intervention and coordination by individuals or team before,during and after an event to resolve the crisis, minimize loss, and otherwise protect theorganizationC.)

Crisis Management Planning- c)A group directed by senior management oritsrepresentatives to lead incident/ event response comprised of personnel from suchfunctions as human resource, information technology facilities, security, legal,communication/ media relations, manufacturing, warehousing, and other business criticalsupport functions.D.) Crisis Management Planning- A properly funded ongoing process supported by seniormanagement to ensure that the necessary steps are taken to identify and analyze theadverse impact of crisis events, maintain viable recovery strategies, and provide overall coordination of the organizations timely and effective response to a crisis. Ans:- A-b, B-a, C-d, D-c7. Fill the correct word from Mutual Aid Agreement, Recovery/ Resumption, MitigationStrategies, Evacuation. A.) _____________________- Organized, phased, and supervised dispersalof people fromdangerous or potentially dangerous areas.B.) ___________________- Plans and processes to bring an organization out of crisis thatresulted in an interruption.C.) ___________________Implementation of measures to lessen or eliminate the occurrenceor impact of a crisis.D.) __________________- A pre- arranged agreement developed between two or more entitiesto render assistance to the parties of the agreement.Ans:- A.- Evacuation, B.- Recovery/ Resumption,C. Mitigation Strategies, D.- Mutual Aid Agreement8. State True or False:-A. The Second Phase of a new business is the formation of an idea.Ans:- FalseB. SBAs assist the entrepreneur in the preparation of business plans.Ans:- TrueC. A stock option plan is an organized program for employees of a corporation allowing themto buy its shares.Ans:- TrueD. The poor CFO is loyal to the management- not to the firm.Ans:- True9. State True or False:-A. In England- Bankruptcy is automatically triggeredAns:- FalseB. American law learns in favour of maintaining the company as an ongoing concern.Ans:- TrueC. Each state has modified the Federal Law to fit its special, local conditionsAns:- TrueD. Another well known structure is the Employee Stock Ownership Plan where by employeesregularly sale shares and may ultimately assume control of the company.Ans- False

10. Write the Full Form of the folloeing:-A. FCFE-_______________________________Ans:- Free cash flow to equityB. ATO- ___________________________Ans:- Asset TurnoverC. CAPM- ____________________________Ans:- Capital Asset Pricing ModelD. DDM- ____________________________Ans:- Dividend Discount Models11. State true or false:-A.) The most widely used model to evaluate specific risks is the capital asset pricing model.Ans:TrueB.) Change in working capital= One years working capital plus previous years working capital Ans:- FalseC.) The firm must have one voice.Ans:- TrueD.) Last 3 years income statements of the firm or of constituents of the firm, if the firm is theresult of a mergerAns:- True12. Write the full form of the following:-A.) IAPA- __________________________________________Ans:- International Air Passengers AssociationB.) VAR-__________________________________________Ans:- Value at RiskC.) NI- _____________________________________Ans: National IncomeD.) DD-_____________________________________Ans:- Due Diligence13. State true or false:-A. Venture capital and risk capital funds, for instance, are purely strategic investors.Ans:- FalseB. The Credit Card Company sends the transaction s to the issuing bank and automaticallydebits it.Ans;- TrueC. The issuing bank debits the cardholders account. It issues monthly or transaction related statements to the cardholder.Ans:- TrueD. A chargeback is a transaction disputed within the payment system.Ans:- True

14. State True or False:-A. Patent licenses and assignments of patent rights have to cover all patent rights together.Ans:FalseB. An assignment of intellectual property rights is the sale of a patent right, or a share of thepatent.Ans:- TrueC. A joint venture agreement involves a formal, legally binding commitment between two ormore partners to work together on a shared enterprise.Ans: TrueD. In a due diligence process, your commercial partner may undertake a range of checks andneed various forms of information.Ans:- True15. State True or False:-A. The consultation process on the green paper has supported community action in the fieldof CSR.Ans:- TrueB. The role of enterprise policy is to help create a business environment, which support the Lisbon objective of becoming the worlds most dynamic knowledge - driven economy,support entrepreneurship and sustainable economic growth.Ans:- TrueC. Consumers and their representative organizations have therefore an important role toplay in the evolution of CSR.Ans:- TrueD. Most respondents to green paper stressed the importance of education and training of managers, employees, and other actors to promote CSR.Ans:- True

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