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

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

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.

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

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

expert/inexpert opinion , Dynamic modes and mapping

Multiple Choice Multiple AnswerQuestion supplier & technological environment is concerned withCorrect Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technologyYour Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

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

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

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

Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer potentials and competencies of organization.

Multiple Choice Single AnswerQuestion

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

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

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

Multiple Choice Single AnswerQuestion Degree to which the decision maker is accountable for the outcomes of the decision isCorrect Answer accountabilityYour Answer accountability

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

Multiple Choice Single AnswerQuestion Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by theCorrect Answer Environment Protection ActYour Answer

Environment Protection Act

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

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

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

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

Multiple Choice Single AnswerQuestion The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability isCorrect Answer Receivables planningYour Answer Taxation planning

Match The FollowingQuestionCorrect AnswerYour AnswerBoard of DirectorsLink between company & external environmentLink between company & external environmentProfit centersS.B.U. sS.B.U. sS.B.U.s are more focused on theirProduct line/businessProduct line/businessManufacturing strategyProductivityProductivity

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

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

Select The BlankQuestion ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Operational level systems

Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer

Debt , EquityYour Answer Debt , Risk , Equity

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

Match The FollowingQuestionCorrect AnswerYour Answer4 Ps areProduct, Price, Place, PromotionProduct, Price, Place, PromotionSources of fundsFactor leading to financial capabilityFactor leading to financial capabilityThe retrieval and usage of informationFactor leading to Information Management CapabilityFactor leading to Information Management CapabilityThe Personnel SystemFactor leading to Personnel CapabilityFactor leading to Personnel Capability

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

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

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

True/FalseQuestion Style of a company are the patterns of actions taken by members of top management over a period of timeCorrect Answer TrueYour Answer True

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

Multiple Choice Single AnswerQuestion It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviourCorrect Answer CultureYour Answer Culture

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

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

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

Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export

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

Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of business gets shared , sharing competence of each otherYour Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

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

Multiple Choice Single AnswerQuestion It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected events

Correct Answer Emergency alert contriolYour Answer Emergency alert contriol

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

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

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

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

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

Multiple Choice Multiple AnswerQuestion They have time based utilityCorrect Answer Goals , ResourcesYour Answer Employess , Resourcesat 5:54 AM 1 comments Links to this post   Labels: Strategic Management (Set - II) Strategic Management - 7 Enjoy FREE SMS at http://smsMantra.blogspot.comMultiple Choice Single AnswerQuestion Vertical integration is concerned withCorrect Answer supply chainYour Answer supply chain

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

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

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

Match The FollowingQuestion

Correct AnswerYour AnswerRely on short term assessmentBarrier in evaluationAudit and Executive committeePremise controlIdentifies key assumptionsIdentifies key assumptionsEmergency alert control evaluationType of strategic controlControlStrategic evaluationEffectiveness of strategyEffectiveness of strategy

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

Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Information , Expertise , IntelligenceYour Answer Information , Expertise , Intelligence

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

Multiple Choice Multiple AnswerQuestion Criteria for making an evaluation areCorrect Answer Consistency with goals , Consistency with environment , MoneyYour Answer Consistency with goals , Consistency with environment , Money

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

Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purposeYour Answer core values , core purpose

Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Distorted resource allocation , Inappropriate structure , Wrong motivational stylesYour Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

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

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

Multiple Choice Multiple AnswerQuestion Macro environmentCorrect Answer

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

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

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

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

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

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

Multiple Choice Multiple Answer

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

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

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

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

True/FalseQuestion Reciprocal responsibility means equal blames and credit.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routined & can be done at a junior level areCorrect Answer

operational decisionsYour Answer operational decisions

Multiple Choice Multiple AnswerQuestion The various areas covered by social responsibility areCorrect Answer Inner Circle , Intermediate circle , Outer CircleYour Answer Inner Circle , Intermediate circle , Outer Circle

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

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

Multiple Choice Multiple AnswerQuestion The various models of social responsibility areCorrect Answer Austere Model , Vendors Model , Civic ModelYour Answer Austere Model , Vendors Model , Civic Model

Select The BlankQuestion A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.Correct Answer role modelYour Answer role model

Multiple Choice Single Answer

Question Denominator managementCorrect Answer cost reductionYour Answer cost reduction

Multiple Choice Single AnswerQuestion A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers isCorrect Answer Supply chainsYour Answer Supply chains

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

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

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

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

TrueYour Answer True

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

Multiple Choice Single AnswerQuestion Horizontal integration is concerned withCorrect Answer product linesYour Answer product lines

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

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

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer radio, TV, internet etc.

True/FalseQuestion

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

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

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

Match The FollowingQuestionCorrect AnswerYour AnswerMarket follower areImitatorImitatorHorizontal integration meansAdditional product/service for same customersAdditional product/service for same customersVertical forward integration meansBecoming your own customerBecoming your own customerPosition defense meansFortification around one's territoryFortification around one's territory

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

at 5:49 AM 1 comments Links to this post   Labels: Strategic Management (Set - II) Strategic Management - 6 www.shopperixmall.comSelect The BlankQuestion Factors leading to personnel capability are________.Correct Answer IR, OBYour Answer IR, OB

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

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

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

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

Multiple Choice Single AnswerQuestion

An approach that strives to follow ethical principles and percepts isCorrect Answer Moral managementYour Answer Moral management

Match The FollowingQuestionCorrect AnswerYour Answervertical forward integration meansbecoming your own customerbecoming your own customerhorizontal integration meansadditional product/service for same customersadditional product/service for same customersvertical backward integration meansbecoming your own supplierbecoming your own supplierstrategic alliances meanstwo or more entities join hands for mutual benefit.two or more entities join hands for mutual benefit.

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

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

Multiple Choice Single AnswerQuestion A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them isCorrect Answer CRMYour Answer

CRM

True/FalseQuestion Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices.Correct Answer FalseYour Answer False

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

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

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

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

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

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

Multiple Choice Single AnswerQuestion Core purposeCorrect Answer missionYour Answer mission

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

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

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

FalseYour Answer False

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

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

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

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

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

Select The BlankQuestion

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

Multiple Choice Single AnswerQuestion They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implicationsCorrect Answer Board of directorYour Answer Board of director

True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.

Match The FollowingQuestionCorrect AnswerYour AnswerBenchmarking iscompetitive analysishistorical analysisMichael Hammer & James ChapyReengineeringReengineeringGDP stands forgross domestic productgross domestic product

Comparative analysis ishistorical analysiscompetitive analysis

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

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

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

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

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

Select The BlankQuestion

________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.Correct Answer Self-awarenessYour Answer Self-awareness

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

Multiple Choice Multiple AnswerQuestion What is Statistical Quality Control(SQC)Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occurYour Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur

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

Multiple Choice Multiple AnswerQuestion Factors determining HRP (Human Resource Planning )Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of informationYour Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

Multiple Choice Single AnswerQuestion Strategic management is concerned with

Correct Answer long- range planningYour Answer long- range planning

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

True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer TrueYour Answer True

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

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

Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect Answer between a buyer and a seller , to avail tax concessions , to increase growth ratesYour Answer between a buyer and a seller , to avail tax concessions , to increase growth ratesat 5:48 AM 0 comments Links to this post  

Labels: Strategic Management (Set - II) Strategic Management - 5 LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer Strategy

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

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

Match The FollowingQuestionCorrect AnswerYour AnswerMaintain strategystable environmentdiversificationMarket follower areimitatorbypass attackMarket challenger arebypass attackimitatorTurnaround strategyV.R.S.differentiation

Select The Blank

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

Match The FollowingQuestionCorrect AnswerYour AnswerMarketing a productMass segmentationAvailability of resourcesEnvironmental AnalysisSocial, Political, legal & technologyLife cycle considerationsSwot AnalysisMatching, converting, minimizing & avoiding strategiesProduct formulatedMarketing strategyLife cycle considerationsMass segmentation

True/FalseQuestion HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Core purposeCorrect Answer missionYour Answer strategy

Multiple Choice Single AnswerQuestion A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them isCorrect Answer

CRMYour Answer CRM

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

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

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

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

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

True/False

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

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

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

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.

Multiple Choice Single AnswerQuestion This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offersCorrect Answer AdaptersYour Answer Options

Multiple Choice Multiple AnswerQuestion

The various models of social responsibility areCorrect Answer Austere Model , Vendors Model , Civic ModelYour Answer Austere Model , Vendors Model , Civic Model

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

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

Multiple Choice Single AnswerQuestion This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitmentsCorrect Answer Reserve the right to playYour Answer Reserve the right to play

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

Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Intelligence , Information , ExpertiseYour Answer Information , Expertise , Intelligence

Multiple Choice Multiple AnswerQuestion The various areas covered by social responsibility areCorrect Answer Inner Circle , Intermediate circle , Outer CircleYour Answer Inner Circle , Intermediate circle , Outer Circle

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

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

Multiple Choice Single AnswerQuestion The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routined & can be done at a junior level areCorrect Answer operational decisionsYour Answer operational decisions

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

Multiple Choice Single AnswerQuestion Export entry modes are

Correct Answer direct/indirect exportYour Answer direct/indirect export

Multiple Choice Single AnswerQuestion It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviourCorrect Answer CultureYour Answer Class

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

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

Select The BlankQuestion ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Operational level systems

Multiple Choice Multiple AnswerQuestion Competenncy models reveal three types of capabilitiesCorrect Answer Technical skills , Cognitive skills , Emotional Intelligence QuotientYour Answer Technical skills , Cognitive skills , Integrity

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

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

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

Multiple Choice Multiple AnswerQuestion They have time based utilityCorrect Answer Goals , ResourcesYour Answer Goals , Resources

Multiple Choice Multiple AnswerQuestion Limitations of Traditional cost accounting areCorrect Answer Assumes factory as an isolated entity , It measures only the cost of producingYour Answer Assumes factory as an isolated entity , It measures only the cost of producing

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

Correct Answer internal analysisYour Answer SWOT analysis

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

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

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

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

Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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

True/FalseQuestion Style of a company are the patterns of actions taken by members of top management over a period of timeCorrect Answer TrueYour Answer True

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

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

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

Multiple Choice Single AnswerQuestion The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability isCorrect Answer Receivables planningYour Answer Receivables planning

Match The FollowingQuestionCorrect AnswerYour AnswerBallast businessFit well but low opportunitiesMisfit with understanding of critical success factorsGap analysisDifference between desired and projected performanceDifference between desired and projected performanceCorporate parentingManaging SBU's by a corporateManaging SBU's by a corporateHeartland businessGive the highest priorityGive the highest priority

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , impact of organization on each sector

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

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

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

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

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

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

Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Information , Expertise , IntelligenceYour Answer

Capital , Information , Expertise

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

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

Select The BlankQuestion A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.Correct Answer role modelYour Answer role model

Select The BlankQuestion ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.Correct Answer Self-awarenessYour Answer Emotional quotient

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

Multiple Choice Multiple AnswerQuestion

Criteria for making an evaluation areCorrect Answer Consistency with goals , Consistency with environment , MoneyYour Answer Consistency with goals , Consistency with environment , Knowledge

Multiple Choice Single AnswerQuestion Core purposeCorrect Answer missionYour Answer mission

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

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

Multiple Choice Multiple AnswerQuestion supplier & technological environment is concerned withCorrect Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technologyYour Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

Multiple Choice Multiple AnswerQuestion market research is conducted byCorrect Answer

by employees , by research agencies , by consultantsYour Answer by employees , by research agencies , by consultants

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

Multiple Choice Multiple AnswerQuestion Strategic intentCorrect Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.

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

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

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

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

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

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

Multiple Choice Single AnswerQuestion The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routined & can be done at a junior level areCorrect Answer operational decisionsYour Answer operational decisions

Match The FollowingQuestionCorrect AnswerYour AnswerTop level ExecutivesTaking decisions regarding efficient and effective allocation of resourcesEnsuring proper tactical changesExecutive summarySynopsis of marketing planSynopsis of marketing planLine Managers ResponsibilityEnsuring Implementation of marketing actions

Ensuring Implementation of marketing actionsMiddle- level ManagersEnsuring proper tactical changesTaking decisions regarding efficient and effective allocation of resources

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

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

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

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

Multiple Choice Single AnswerQuestion The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm isCorrect Answer Capital structure planningYour Answer Capital structure planning

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

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

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

Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental targets & objective process

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer newspapers, magazines, journals etc.

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

Your Answer Trueat 6:24 AM 0 comments Links to this post   Labels: Strategic Management (Set - III) Monday, June 23, 2008Strategic Management - 10 Interview Questions at http://mindgrillQ.blogspot.comTrue/FalseQuestion Changes in company structure also necessitates changes in the systems in various degreesCorrect Answer TrueYour Answer False

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

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

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

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

Ethics

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

Multiple Choice Single AnswerQuestion Horizontal integration is concerned withCorrect Answer product linesYour Answer product lines

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

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

Match The FollowingQuestionCorrect AnswerYour AnswerExecutive summarySynopsis of marketing planSynopsis of marketing planLine Managers ResponsibilityEnsuring Implementation of marketing actionsTaking decisions regarding efficient and effective allocation of resourcesMiddle- level ManagersEnsuring proper tactical changes

Ensuring proper tactical changesTop level ExecutivesTaking decisions regarding efficient and effective allocation of resourcesMarketing goals

Multiple Choice Single AnswerQuestion General Electric Matrix is divided into how many cellsCorrect Answer 9Your Answer 4

Match The FollowingQuestionCorrect AnswerYour AnswerComparative analysis ishistorical analysisvalue chain analysisBenchmarking iscompetitive analysiscompetitive analysisMichael Hammer & James ChapyReengineeringReengineeringGDP stands forgross domestic productgross domestic product

Multiple Choice Multiple AnswerQuestion The reasons for acquisition areCorrect Answer Increased market power , Increased diversification , Increased speed to marketYour Answer Increased market power , Increased diversification , Encourage excessive competition

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

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

Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Information , Expertise , IntelligenceYour Answer Capital , Information , Expertise

Multiple Choice Multiple AnswerQuestion Factors determining HRP (Human Resource Planning )Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of informationYour Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

Multiple Choice Single AnswerQuestion Core purposeCorrect Answer missionYour Answer mission

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

Select The BlankQuestion Japan's major productivity gains are the results of social changes brought about by ________

Correct Answer Statistical quality controlYour Answer Michael Porter's model for Industry Analysis

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

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

Multiple Choice Multiple AnswerQuestion Competenncy models reveal three types of capabilitiesCorrect Answer Technical skills , Cognitive skills , Emotional Intelligence QuotientYour Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient

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

Multiple Choice Multiple AnswerQuestion The various models of social responsibility areCorrect Answer Austere Model , Vendors Model , Civic ModelYour Answer Austere Model , Vendors Model , Inner Model

Select The BlankQuestion ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.Correct Answer Self-awarenessYour Answer Emotional quotient

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

Multiple Choice Multiple AnswerQuestion These people are primarily responsible for operating control based on budgeting, reporting and financial analysisCorrect Answer Company secretary , Auditor , Financial controllerYour Answer Company secretary , Auditor , Financial controller

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

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

Multiple Choice Single AnswerQuestion Retrenchment strategy means

Correct Answer contraction of business activitiesYour Answer contraction of business activities

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

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

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

True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer TrueYour Answer True

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

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

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

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

Multiple Choice Single AnswerQuestion A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers isCorrect Answer Supply chainsYour Answer Supply chains

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

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

Technology forecastingYour Answer Analogies and pattern recognition

Multiple Choice Multiple AnswerQuestion A Company's strategyCorrect Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriateYour Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate

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

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

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

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

at 5:56 AM 0 comments Links to this post   Labels: Strategic Management (Set - III) Strategic Management - 9 Interview Questions at http://mindgrillq.blogspot.comMultiple Choice Single AnswerQuestion The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routined & can be done at a junior level areCorrect Answer operational decisionsYour Answer operational decisions

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

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer customer & dealers

Multiple Choice Multiple AnswerQuestion What is Statistical Quality Control(SQC)Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occurYour Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy

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

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

Multiple Choice Multiple AnswerQuestion The various areas covered by social responsibility areCorrect Answer Inner Circle , Intermediate circle , Outer CircleYour Answer Inner Circle , Outer Circle , Middle Circle

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

Multiple Choice Single AnswerQuestion They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implicationsCorrect Answer Board of directorYour Answer External auditor

True/FalseQuestion HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct Answer FalseYour Answer True

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

Correct Answer programmed decisionsYour Answer programmed decisions

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

Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export

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

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

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

True

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

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

Multiple Choice Single AnswerQuestion This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitmentsCorrect Answer Reserve the right to playYour Answer Reserve the right to play

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

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

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

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

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

Multiple Choice Single AnswerQuestion This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offersCorrect Answer AdaptersYour Answer Adapters

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

Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect Answer between a buyer and a seller , to avail tax concessions , to increase growth ratesYour Answer between a buyer and a seller , to increase growth rates , to end rivalry between the two

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

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

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

Match The FollowingQuestionCorrect AnswerYour AnswerBallast businessFit well but low opportunitiesFit well but low opportunitiesGap analysisDifference between desired and projected performanceDifference between desired and projected performanceCorporate parentingManaging SBU's by a corporateManaging SBU's by a corporateHeartland businessGive the highest priorityGive the highest priority

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

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

Correct Answer TrueYour Answer False

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

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

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

Match The FollowingQuestionCorrect AnswerYour AnswerMarketing a productMass segmentationProduct formulatedEnvironmental AnalysisSocial, Political, legal & technologySocial, Political, legal & technologySwot AnalysisMatching, converting, minimizing & avoiding strategiesAvailability of resourcesMarketing strategyLife cycle considerationsProduct formulated

Multiple Choice Single AnswerQuestion It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departmentsCorrect Answer departmentationYour Answer policy framing

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

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

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

Multiple Choice Multiple AnswerQuestion Strategic intentCorrect Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.Your Answer obsession with an organization , what the organization strives for. , concept of optimization

True/FalseQuestion

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

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

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

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

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

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

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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

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

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

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

Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of businessgets shared , sharing competence of each other Your Answer uneconomical separate existence , risk of business getsshared , sharing competence of each other

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

True/False

Question Systems are formal and informal rules and regulations thatcomplements the company structureCorrect Answer TrueYour Answer True

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

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

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

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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

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

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

Match The FollowingQuestion Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis value chain analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product

Multiple Choice Multiple AnswerQuestion Techniques used in environmental appraisal areCorrect Answer single-variable extrapolation/multivariableinteraction analysis , structured/ unstructured expert/inexpert opinion ,Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interactionanalysis , structured/ unstructured expert/inexpert opinion , simulation ,Dynamic modes and mapping

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

Multiple Choice Multiple AnswerQuestion How does 'structure' reduce external uncertainity arisingout of human behaviourCorrect Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour ,Departmentalisation

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

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

Select The BlankQuestion A cycling accessory firm strive to become 'the nike of thecycling industry' is ________category of goal.Correct Answer role modelYour Answer role model

Multiple Choice Multiple AnswerQuestion They have time based utilityCorrect Answer Goals , Resources Your Answer Goals , Employess , Resources

Multiple Choice Multiple AnswerQuestion Factors determining HRP (Human Resource Planning )Correct Answer Type & Strategy of organisation , Environmentaluncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmentaluncertainties , Type & quality of information

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

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

Multiple Choice Single AnswerQuestion A major part of strategy implementation isCorrect Answer resource allocationYour Answer resource allocation

Multiple Choice Single AnswerQuestion These people are charged with the responsibility ofcontinuous screening of performance?Correct Answer Audit committeeYour Answer Audit committee

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

Multiple Choice Single AnswerQuestion It is the process of analyzing, dividing and arranging workor activities into manageable portion for individuals, sections &departmentsCorrect Answer departmentationYour Answer departmentation

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

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

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

Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Distorted resource allocation , Inappropriatestructure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure ,Wrong motivational styles

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

Correct Answer TrueYour Answer True

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

Multiple Choice Single AnswerQuestion It provides a way to bring in the people dimension in macrocompany analysis without using psychological models of human behaviourCorrect Answer CultureYour Answer Culture

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

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

Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of businessgets shared , sharing competence of each other Your Answer uneconomical separate existence , risk of business getsshared , sharing competence of each other

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

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

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

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

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

Multiple Choice Multiple AnswerQuestion Limitations of Traditional cost accounting areCorrect Answer Assumes factory as an isolated entity , It measuresonly the cost of producing Your Answer Assumes factory as an isolated entity , It measures only thecost of producing , It uses time as a unit of measure

Match The FollowingQuestion Correct Answer Your Answer Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social,Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Lifecycle considerations Marketing strategy Life cycle considerations Matching,converting, minimizing & avoiding strategies

True/False

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

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

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect Answer dividing environment into sectors , sub factors ,analyze impact of each sector & sub factor on organization , description ofimpact of each subfactor into a statement which is positive, neutral ornegative. Your Answer dividing environment into sectors , sub factors , analyzeimpact of each sector & sub factor on organization , description of impactof each subfactor into a statement which is positive, neutral or negative.

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for theeffective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decisionmaking ability , Vision Your Answer Conceptual, human & intellectual skills , Decision makingability , Vision

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

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

True/False

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

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

True/FalseQuestion Style of a company are the patterns of actions taken bymembers of top management over a period of timeCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The cornerstone of financial planning process of allorganizations because of the cost, control and risk considerations whichinfluence overall value of the firm isCorrect Answer Capital structure planningYour Answer Capital structure planning

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

Select The BlankQuestion The benefits of a change in process are defined in terms of________ cost savingsCorrect Answer LabourYour Answer Infrastructureat 11:03 PM 0 comments Links to this post   Labels: Strategic Management (Set - VIII) Tuesday, September 8, 2009Strategic Management - 24 LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer

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

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

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

Multiple Choice Multiple AnswerQuestion The various areas covered by social responsibility areCorrect Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle

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

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

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

Multiple Choice Multiple AnswerQuestion Limitations of Traditional cost accounting are

Correct Answer Assumes factory as an isolated entity , It measuresonly the cost of producing Your Answer Assumes factory as an isolated entity , It measures only thecost of producing , It uses time as a unit of measure

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

Match The FollowingQuestion Correct Answer Your Answer strategic alliances means two or more entities join hands for mutualbenefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customerbecoming your own customer horizontal integration means additional product/service for samecustomers additional product/service for same customers vertical backward integration means becoming your own supplierbecoming your own supplier

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

Multiple Choice Multiple AnswerQuestion Factors to be considered while deciding candidates fordivestiture areCorrect Answer taxes , availability of buyers , market reaction Your Answer availability of buyers , market reaction , willingness ofemployees

Match The FollowingQuestion Correct Answer Your Answer Board of Directors Link between company & external environment Linkbetween company & external environment Profit centers S.B.U. s Profit making organizations

S.B.U.s are more focused on their Product line/business Productline/business Manufacturing strategy Productivity Productivity

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

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

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

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer radio, TV, internet etc.

Multiple Choice Single AnswerQuestion This strategic posture plays a leadership role inestablishing how the industry operatesCorrect Answer ShapersYour Answer Shapers

Multiple Choice Multiple AnswerQuestion Criteria for making an evaluation areCorrect Answer Consistency with goals , Consistency withenvironment , Money Your Answer Consistency with goals , Consistency with environment ,Knowledge

Multiple Choice Single Answer

Question Secondary sources of information areCorrect Answer newspapers, magazines, journals etc.Your Answer newspapers, magazines, journals etc.

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

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

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

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer radio, TV, internet etc.

Multiple Choice Multiple AnswerQuestion The reasons for acquisition areCorrect Answer Increased market power , Increased diversification ,Increased speed to market Your Answer Increased market power , Increased speed to market ,Encourage excessive competition

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

Select The BlankQuestion ________ is seen as an integral process that converts

materials into goodsCorrect Answer SystemsYour Answer Modern Accounting

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

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

True/FalseQuestion Labour satisfaction may result in unethical behaviour asanger.Correct Answer FalseYour Answer False

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

Multiple Choice Single AnswerQuestion They are ultimately responsible for all the administrativeaspects of strategic evaluation and controlCorrect Answer Chief executiveYour Answer Board of directors

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

True/FalseQuestion Reciprocal responsibility means equal blames and credit.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Information , Expertise , Intelligence Your Answer Capital , Information , Expertise

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

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

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

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

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

Multiple Choice Single AnswerQuestion In SWOT , S stands for

Correct Answer favorable condition in the organization'senvironment.Your Answer potentials and competencies of organization.

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

Multiple Choice Multiple AnswerQuestion Competenncy models reveal three types of capabilitiesCorrect Answer Technical skills , Cognitive skills , EmotionalIntelligence Quotient Your Answer Technical skills , Cognitive skills , Emotional IntelligenceQuotient

Select The BlankQuestion Brush your teeth twice a day is an example of expanding thetotal market by________.Correct Answer more usageYour Answer more usage

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

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

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