Straticg MNGMt Assingmnt
Transcript of Straticg MNGMt Assingmnt
True/FalseQuestion Acquisitions which are friendly are termed as "take-overs".Correct Answer FalseYour Answer True
Multiple Choice Multiple AnswerQuestion Different kinds of information systems areCorrect Answer Operational level system , Knowledge level system , Management level systemYour Answer Knowledge level system , Management level system , Operational level system
True/FalseQuestion Under functional strategics we have vertical fit & horizontal fit.Correct Answer TrueYour Answer True
Match The FollowingQuestion Correct Answer Your Answer
Premise control Identifies key assumptions Identifies key assumptions
Emergency alert control evaluation Type of strategic control Type of strategic control
Strategic evaluation Effectiveness of strategy Effectiveness of strategy
Rely on short term assessment Barrier in evaluation Audit and Executive committee
Multiple Choice Single AnswerQuestion In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.Your Answer Strategy
Multiple Choice Multiple AnswerQuestion Organizational models areCorrect Answer multinational model , international model , global organizational modelYour Answer multinational model , international model , local model
Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management
Multiple Choice Single AnswerQuestion The decisions which are applied to structured or routine problems areCorrect Answer programmed decisionsYour Answer programmed decisions
Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect Answer between a buyer and a seller , to avail tax concessions , to increase growth ratesYour Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
Multiple Choice Single AnswerQuestion It refers to the relatively more durable company arrangements and relationshipsCorrect Answer StructureYour Answer Strategy
True/FalseQuestion Scheduling is a part of strategic management.Correct Answer False
Your Answer False
Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis
Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning
Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists
Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process
Multiple Choice Single AnswerQuestion The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability isCorrect Answer Receivables planningYour Answer Dividend planning
Multiple Choice Single AnswerQuestion CAP related to internal appraisal of firm stands forCorrect Answer competitive advantage profileYour Answer Corporate appraisal programme
Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , communication skills
Select The BlankQuestion Titan going into setting their won retail outlets- this is ________ integration.Correct Answer vertical ( forward )Your Answer vertical ( forward )
Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer target
Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies
Multiple Choice Multiple AnswerQuestion Attack strategies areCorrect Answer frontal attack , flank attack , encirclement attackYour Answer frontal attack , flank attack , encirclement attack
True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer True
Multiple Choice Multiple Answer
Question Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies
Select The BlankQuestion The ________ are distinct little business set up as units in a larger companyCorrect Answer Strategic business UnitsYour Answer Strategic business Units
True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False
True/FalseQuestion According to Michael Porter, the core of efficiency management is strategy.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion Expansion strategy meansCorrect Answer growthYour Answer growth
True/FalseQuestion Reciprocal responsibility means equal blames and credit.Correct Answer FalseYour Answer True
Multiple Choice Single Answer
Question It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected eventsCorrect Answer Emergency alert contriolYour Answer Emergency alert contriol
Multiple Choice Multiple AnswerQuestion Techniques used in environmental appraisal areCorrect Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mappingYour Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Multiple Choice Multiple AnswerQuestion Strategic intentCorrect Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.Your Answer obsession with an organization , what the organization strives for.
Select The BlankQuestion Displacing competitor is ________ category of goal.Correct Answer common enemyYour Answer aggressive
Multiple Choice Single AnswerQuestion Empower people through great software anytime , any place, on any device'- MicrosoftCorrect Answer visionYour Answer vision
Select The BlankQuestion Like roots of a tree, ________of organization is hidden from direct view.Correct Answer core competence
Your Answer mission
Select The BlankQuestion Make or buy decision is related with ________strategy.Correct Answer vertical ( backward ) integrationYour Answer diagonal integration
Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Strategy
True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion A pictorial depiction of various outcomes of a decision isCorrect Answer decision treeYour Answer decision tree
Match The FollowingQuestion Correct Answer Your Answer
Crisis Management leads to organisational learning leads to organisational learning
Milestone review Another method of implementation control Chacking of performance
Long and short term controls Balanced approach to evaluation Another method of implementation control
Variance Actual and budgeted performance Actual and budgeted performance
Multiple Choice Single AnswerQuestion Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by theCorrect Answer Environment Protection ActYour Answer Environment Protection Act
Multiple Choice Single AnswerQuestion The process of forecasting an organization's future demands for and supply of right type of people in right number isCorrect Answer Man-power planningYour Answer Man-power planning
Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , communication skills
True/FalseQuestion Adapter duplicate the leader and claim to be similar or even the same.Correct Answer FalseYour Answer True
True/FalseQuestion Change in company structure from divisional to matrix also mean changes in the systems in various degreesCorrect Answer TrueYour Answer True
True/False
Question Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer TrueYour Answer True
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
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion Principles to manage strategic alliances areCorrect Answer provide for an exit strategy , clarity in strategy & responsibilities , blending culturesYour Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Multiple Choice Single AnswerQuestion A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them isCorrect Answer CRMYour Answer CRM
Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , proceduresYour Answer goals , policies , procedures
Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer StandardisationYour Answer Standardisation
Select The BlankQuestion Like roots of a tree, ________of organization is hidden from direct view.Correct Answer core competenceYour Answer core competence
Multiple Choice Single AnswerQuestion This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitmentsCorrect Answer Reserve the right to playYour Answer Reserve the right to play
True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Various phases of Growth areCorrect Answer Creativity , Delegation , Co-ordinationYour Answer Creativity , Delegation , Co-ordination
True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False
Select The BlankQuestion Strategic evaluation determines the effectiveness of ________Correct Answer StrategyYour Answer Strategy
Multiple Choice Multiple AnswerQuestion The various models of social responsibility areCorrect Answer Austere Model , Vendors Model , Civic ModelYour Answer Austere Model , Vendors Model , Civic Model
Select The BlankQuestion Brush your teeth twice a day is an example of expanding the total market by________.Correct Answer more usageYour Answer more usage
Multiple Choice Single AnswerQuestion They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implicationsCorrect Answer Board of directorYour Answer Board of director
Multiple Choice Single AnswerQuestion MissionCorrect Answer philosophy, public imageYour Answer target
Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.
True/FalseQuestion Staffing function applies to all company levels irrespective of levels of hierarchyCorrect Answer TrueYour Answer True
True/FalseQuestion Change in company's strategy gives rise to problems necessitating a new structure to be madeCorrect Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion The reasons for acquisition areCorrect Answer Increased market power , Increased diversification , Increased speed to marketYour Answer Increased market power , Increased diversification , Increased speed to market
Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purposeYour Answer core values , core purpose
Match The FollowingQuestion Correct Answer Your Answer
Maintain strategy stable environment stable environment
Market follower are imitator imitator
Market challenger are bypass attack bypass attack
Turnaround strategy V.R.S. diversification
True/False
Question Analysis of variances leads to a plan for corrective actionCorrect Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Macro environmentCorrect Answer Political- legal , socio-cultural , economic-demographicYour Answer Political- legal , socio-cultural , economic-demographic
Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets
True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer TrueYour Answer True
Select The BlankQuestion ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.Correct Answer Self-awarenessYour Answer Self-awareness
Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis
Select The BlankQuestion Economics of scale requires ________.
Correct Answer high market shareYour Answer high market share
Select The BlankQuestion Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.Correct Answer Co-ordinationYour Answer Centralization
Select The BlankQuestion A hardware manufacture enters into software is an example of ________integration.Correct Answer vertical ( forward )Your Answer horizontal
Multiple Choice Single AnswerQuestion At this level , the effort is directed at assessing the consistency of strategy with the environmentCorrect Answer Strategic evaluationYour Answer Strategic evaluation
Multiple Choice Single AnswerQuestion Core purposeCorrect Answer missionYour Answer mission
Select The BlankQuestion ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Operational level systems
True/FalseQuestion Companies have strenghts in a number of areas but their key strength are few in numberCorrect Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer weakness of competitors
Select The BlankQuestion ________ is the drive to achieve beyond one's expectationsCorrect Answer MotivationYour Answer Motivation
Multiple Choice Multiple AnswerQuestion 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 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
Match The FollowingQuestion Correct Answer Your Answer
Fit SWOT analysis SWOT analysis
Vision what a company wishes to become or aspires to be. what a company wishes to become or aspires to be.
mission what the company is and why it exists. what the company is and why it exists.
BHAG big headed audacious goals big headed audacious goals
Multiple Choice Multiple AnswerQuestion The control process requires the following types of informationCorrect Answer Planned performance , Variances , ReasonsYour Answer Planned performance , Variances , Reasons
True/FalseQuestion Environmental competitiveness tends to encourage ethical behaviour.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer radio, TV, internet etc.
Multiple Choice Single AnswerQuestion A major part of strategy implementation isCorrect Answer resource allocationYour Answer resource allocation
True/FalseQuestion The actual performance matches the budgeted performance. This is a realistic situation.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.
Multiple Choice Single AnswerQuestion Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity isCorrect Answer significanceYour Answer risk
STRATEGIC MGMT
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purposeYour Answer core values , core purpose
Multiple Choice Single AnswerQuestion This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitmentsCorrect Answer Reserve the right to playYour Answer Reserve the right to play
Multiple Choice Single AnswerQuestion The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routined & can be done at a junior level areCorrect Answer operational decisionsYour Answer operational decisions
Select The BlankQuestion Factors leading to personnel capability are________.Correct Answer IR, OBYour Answer PR
Multiple Choice Single AnswerQuestion Associated external agencies means
Correct Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.
Multiple Choice Multiple AnswerQuestion Criteria for making an evaluation areCorrect Answer Consistency with goals , Consistency with environment , MoneyYour Answer Consistency with goals , Consistency with environment , Knowledge
True/FalseQuestion Labour satisfaction may result in unethical behaviour as anger.Correct Answer FalseYour Answer False
True/FalseQuestion Style of a company are the patterns of actions taken by members of top management over a period of timeCorrect Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Information , Expertise , IntelligenceYour Answer Information , Expertise , Intelligence
Multiple Choice Single AnswerQuestion T in SWOT, refers toCorrect Answer unfavorable conditions in external environment.Your Answer unfavorable conditions in external environment.
Multiple Choice Single AnswerQuestion A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers isCorrect Answer Supply chains
Your Answer Supply chains
True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True
True/FalseQuestion Acquisitions which are friendly are termed as "take-overs".Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion Harveststrategy is used forCorrect Answer Dogs , Question marksYour Answer Dogs , Question marks , Stars
Multiple Choice Single AnswerQuestion They are ultimately responsible for all the administrative aspects of strategic evaluation and controlCorrect Answer Chief executiveYour Answer Chief executive
Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , impact of organization on each sector
Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer Debt , Equity
Your Answer Equity , Return , Debt
Multiple Choice Single AnswerQuestion Denominator managementCorrect Answer cost reductionYour Answer cost reduction
Multiple Choice Multiple AnswerQuestion The reasons for acquisition areCorrect Answer Increased speed to market , Increased market power , Increased diversificationYour Answer Increased market power , Increased diversification , Increased speed to market
Multiple Choice Single AnswerQuestion The decisions which are applied to structured or routine problems areCorrect Answer programmed decisionsYour Answer programmed decisions
True/FalseQuestion HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestionCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other
Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other
True/FalseQuestion Timing of measurement before hand serves the purpose of evaluation.Correct Answer FalseYour Answer True
Select The BlankQuestion ________ is a modern plant consisting of modules centered around a stage in the production processCorrect Answer Flotilla conceptYour Answer General Electric Model
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 Titan going into setting their won retail outlets- this is ________ integration.Correct Answer vertical ( forward )Your Answer vertical ( forward )
True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer True
True/FalseQuestion Adapter duplicate the leader and claim to be similar or even the same.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion The Hallmarks for self-regulation areCorrect Answer Trust & fairness , Changed Management , Integrity & thoughtfulnessYour Answer Trust & fairness , Changed Management , Integrity & thoughtfulness
Select The BlankQuestion Make or buy decision is related with ________strategy.Correct Answer vertical ( backward ) integrationYour Answer vertical ( backward ) integration
Match The FollowingQuestion Correct Answer Your Answer
Premise control Identifies key assumptions Identifies key assumptions
Emergency alert control evaluation Type of strategic control Type of strategic control
Strategic evaluation Effectiveness of strategy Effectiveness of strategy
Rely on short term assessment Barrier in evaluation Barrier in evaluation
Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Time
Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process
Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management
Select The BlankQuestion ________ is the company's most critical and scarest resource.Correct Answer CapitalYour Answer Capital
Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning
True/FalseQuestion Micro environment is the internal environment of a company.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 Single AnswerQuestion The traditional approach towards uncertainity isCorrect Answer BinaryYour Answer Binary
Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysis
Your Answer internal analysis
Match The FollowingQuestion Correct Answer Your Answer
Maintain strategy stable environment stable environment
Market follower are imitator imitator
Market challenger are bypass attack bypass attack
Turnaround strategy V.R.S. V.R.S.
True/FalseQuestion All policies are 'statements'Correct Answer FalseYour Answer False
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 Operational evaluation
Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process
Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer TraditionalYour Answer TraditionalMultiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer potentials and competencies of organization.
Multiple Choice Single AnswerQuestion The traditional approach towards uncertainity isCorrect Answer BinaryYour Answer Binary
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 Japan's major productivity gains are the results of social changes brought about by ________Correct Answer Statistical quality controlYour Answer Michael Porter's model for Industry Analysis
Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibilityCorrect Answer StandardisationYour Answer Standardisation
Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning
Multiple Choice Single AnswerQuestion The process of forecasting an organization's future demands for and supply of right type of people in right number isCorrect Answer Man-power planningYour Answer Man-power planning
Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.
Select The BlankQuestion In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.Correct Answer DelegationYour Answer Delegation
True/FalseQuestion Numerator may bring short-term results, but there may be serious long-term sacrifices.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion It indicates the degree of differentiationCorrect Answer StructureYour Answer Structure
Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization ,
description of impact of each subfactor into a statement which is positive, neutral or negative.
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 Concentric diversification meansCorrect Answer new activity related to existing businessYour Answer new activity related to existing business
True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Information , Expertise , IntelligenceYour Answer Information , Expertise , Intelligence
True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer availability of buyers , market reaction , taxesYour Answer taxes , availability of buyers , market reaction
Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process
Match The FollowingQuestion Correct Answer Your Answer
Maintain strategy stable environment stable environment
Market follower are imitator imitator
Market challenger are bypass attack bypass attack
Turnaround strategy V.R.S. V.R.S.
Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management
True/FalseQuestion Getting new users is a position defense strategy.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Multiple Choice Single AnswerQuestion Core purpose
Correct Answer missionYour Answer mission
Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets
True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False
Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Time
Multiple Choice Single AnswerQuestion The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm isCorrect Answer Capital structure planningYour Answer Capital structure planning
Multiple Choice Single AnswerQuestion This portfolio involves major capital investments which will result in either large pay offs or large lossesCorrect Answer Big betsYour Answer Big bets
Select The BlankQuestion Bajaj started manufacturing of sunny is an example of ________.Correct Answer concentration strategyYour Answer concentration strategy
Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists
True/FalseQuestion Changes in company structure also necessitates changes in the systems in various degreesCorrect Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Attack strategies areCorrect Answer frontal attack , flank attack , encirclement attackYour Answer frontal attack , flank attack , encirclement attack
Multiple Choice Single AnswerQuestion An approach that strives to follow ethical principles and percepts isCorrect Answer Moral managementYour Answer Moral management
Multiple Choice Multiple AnswerQuestion The reasons for acquisition areCorrect Answer Increased market power , Increased diversification , Increased speed to marketYour Answer Increased market power , Increased diversification , Increased speed to market
Select The BlankQuestion A hardware manufacture enters into software is an example of ________integration.Correct Answer vertical ( forward )Your Answer horizontal
Match The Following
Question Correct Answer Your Answer
Crisis Management leads to organisational learning leads to organisational learning
Milestone review Another method of implementation control Another method of implementation control
Long and short term controls Balanced approach to evaluation Balanced approach to evaluation
Variance Actual and budgeted performance Actual and budgeted performance
Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer TraditionalYour Answer Traditional
True/FalseQuestion Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices.Correct Answer FalseYour Answer False
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
True/FalseQuestion Acquisitions which are friendly are termed as "take-overs".
Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion Criteria for making an evaluation areCorrect Answer Consistency with goals , Consistency with environment , MoneyYour Answer Consistency with goals , Consistency with environment , Money
Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect Answer between a buyer and a seller , to avail tax concessions , to increase growth ratesYour Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
True/FalseQuestion All policies are 'statements'Correct Answer FalseYour Answer False
Select The BlankQuestion Modern Accounting uses ________ as a unit of measureCorrect Answer TimeYour Answer Time
Multiple Choice Single AnswerQuestion Investment entry mode areCorrect Answer joint venture/independent ventures/subsidiariesYour Answer joint venture/independent ventures/subsidiaries
Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management
Strategic Management-Set 3Multiple Choice Single AnswerQuestion At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategyCorrect Answer Operational evaluationYour Answer Operational evaluation
Multiple Choice Multiple AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer taxes , availability of buyers , market reactionYour Answer taxes , availability of buyers , market reaction
Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Information , Expertise , IntelligenceYour Answer Information , Expertise , Intelligence
Match The FollowingQuestion Correct Answer Your Answer
Crisis Management leads to organisational learning leads to organisational learning
Milestone review Another method of implementation control Another method of implementation control
Long and short term controls Balanced approach to evaluation Balanced approach to evaluation
Variance Actual and budgeted performance Actual and budgeted performance
True/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
True/FalseQuestion The key principle of moral management is "Can we make money with this action decision or behaviour"?Correct Answer FalseYour Answer False
True/FalseQuestion All policies are 'statements'Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion Competenncy models reveal three types of capabilitiesCorrect Answer Technical skills , Cognitive skills , Emotional Intelligence QuotientYour Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process
Multiple Choice Single AnswerQuestion It refers to formal and informal rules, regulations and procedures that complements the company structureCorrect Answer SystemsYour Answer Systems
Select The BlankQuestion ________ identifies the impact of any change on performanceCorrect Answer Statistical quality controlYour Answer Statistical quality control
True/FalseQuestion The actual performance matches the budgeted performance. This is a realistic situation.
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.
Match The FollowingQuestion Correct Answer Your Answer
Fit SWOT analysis SWOT analysis
Vision what a company wishes to become or aspires to be. what a company wishes to become or aspires to be.
mission what the company is and why it exists. what the company is and why it exists.
BHAG big headed audacious goals big headed audacious goals
True/FalseQuestion The super structure indicates ways in which company's tasks are integrated or coordinatedCorrect 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.
Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental threat & opportunity profile
Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer favorable condition in the organization's environment.
Select The BlankQuestion Brush your teeth twice a day is an example of expanding the total market by________.Correct Answer more usageYour Answer more usage
Multiple Choice Multiple AnswerQuestion Niche marketing meansCorrect Answer end user specialist , specific customer specialist , geographic specialistYour Answer end user specialist , specific customer specialist , geographic specialist
Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning
Multiple Choice Multiple AnswerQuestion The Hallmarks for self-regulation areCorrect Answer Trust & fairness , Changed Management , Integrity & thoughtfulnessYour Answer Trust & fairness , Changed Management , Integrity & thoughtfulness
Multiple Choice Single AnswerQuestion T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.Your Answer unfavorable conditions in external environment.
Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer Debt , EquityYour Answer Debt , Equity
Multiple Choice 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 Titan going into setting their won retail outlets- this is ________ integration.Correct Answer vertical ( forward )Your Answer vertical ( forward )
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 MissionCorrect Answer philosophy, public imageYour Answer philosophy, public image
Multiple Choice Multiple AnswerQuestion The culture of a company is conveyed throughCorrect Answer Rites , Myths , RitualsYour Answer Rites , Myths , Rituals
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management
True/FalseQuestion Business ethics is how personal norms do not apply to activities & goals of a commercial firm.Correct Answer FalseYour Answer True
Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibilityCorrect Answer StandardisationYour Answer Standardisation
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
Multiple Choice Multiple AnswerQuestion What is Statistical Quality Control(SQC)Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occurYour Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Multiple Choice Single AnswerQuestion Retrenchment strategy meansCorrect Answer contraction of business activitiesYour Answer contraction of business activities
True/False
Question Adapter duplicate the leader and claim to be similar or even the same.Correct Answer FalseYour Answer False
Select The BlankQuestion Japan's major productivity gains are the results of social changes brought about by ________Correct Answer Statistical quality controlYour Answer Statistical quality control
Multiple Choice Single AnswerQuestion Investment entry mode areCorrect Answer joint venture/independent ventures/subsidiariesYour Answer joint venture/independent ventures/subsidiaries
True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , proceduresYour Answer goals , policies , procedures
True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion The various areas covered by social responsibility areCorrect Answer Inner Circle , Intermediate circle , Outer CircleYour Answer Inner Circle , Intermediate circle , Outer Circle
Select The Blank
Question ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Operational level systems
Select The BlankQuestion The benefits of a change in process are defined in terms of ________ cost savingsCorrect Answer LabourYour Answer Labour
Select The BlankQuestion ________ is seen as an integral process that converts materials into goodsCorrect Answer SystemsYour Answer Systems
True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion It is the process of selecting people for company positions and developing skills and abilities for assignments in the companyCorrect Answer StaffingYour Answer StaffingStrategic Management-Set 4
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer taxes , availability of buyers , market reactionYour Answer market reaction , taxes , availability of buyers
Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets
Match The FollowingQuestion Correct Answer Your Answer
Sharplin S.M. is the formulation & implementation of plans related to total organization. S.M. is the formulation & implementation of plans related to total organization.
Glueck S.M. is a stream of decisions & actions S.M. is a stream of decisions & actions
Hofer S.M. is the process, which deals with organizational renewal & growth. S.M. is the process, which deals with organizational renewal & growth.
Ansoff S.M. is the systematic approach to position and relate firm to its environment. S.M. is the systematic approach to position and relate firm to its environment.
Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization
Multiple Choice Single AnswerQuestion Empower people through great software anytime , any place, on any device'- MicrosoftCorrect Answer visionYour Answer vision
Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profile
Your Answer environmental threat & opportunity profile
Multiple Choice Single AnswerQuestion It concentrates on organisation design and work flowCorrect Answer FlotillaYour Answer Flotilla
Multiple Choice Single AnswerQuestion A Large-scale community development project was funded to enable farmers to use local resources effectively byCorrect Answer Asian PaintsYour Answer Asian Paints
Select The BlankQuestion ________ models can be described as a system that describe how pieces of business fit together.Correct Answer BusinessYour Answer Business
Multiple Choice Multiple AnswerQuestion Niche marketing meansCorrect Answer end user specialist , specific customer specialist , geographic specialistYour Answer end user specialist , specific customer specialist , geographic specialist
Select The BlankQuestion Japan's major productivity gains are the results of social changes brought about by ________Correct Answer Statistical quality controlYour Answer Statistical quality control
Select The BlankQuestion ________ is seen as an integral process that converts materials into goodsCorrect Answer SystemsYour Answer Systems
Multiple Choice Single Answer
Question MissionCorrect Answer philosophy, public imageYour Answer philosophy, public image
True/FalseQuestion Counterfeiter copy but with a difference that can be seen.Correct Answer FalseYour Answer False
True/FalseQuestion Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices.Correct Answer FalseYour Answer False
Select The BlankQuestion Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense.Correct Answer counteroffensiveYour Answer counteroffensive
Multiple Choice Single AnswerQuestion CAP related to internal appraisal of firm stands forCorrect Answer competitive advantage profileYour Answer competitive advantage profile
Multiple Choice Multiple AnswerQuestion Strategic intentCorrect Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Match The Following
Question Correct Answer Your Answer
Fit SWOT analysis SWOT analysis
Vision what a company wishes to become or aspires to be. what a company wishes to become or aspires to be.
mission what the company is and why it exists. what the company is and why it exists.
BHAG big headed audacious goals big headed audacious goals
Multiple Choice Single AnswerQuestion Secondary sources of information areCorrect Answer newspapers, magazines, journals etc.Your Answer newspapers, magazines, journals etc.
Select The BlankQuestion GATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer general agreement on trade & tariff
True/FalseQuestion Three C's affecting today's companies are customer, competition & changeCorrect Answer TrueYour Answer False
Multiple Choice Single AnswerQuestion Maintain strategies meansCorrect Answer no change in strategiesYour Answer no change in strategies
Multiple Choice 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 Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , proceduresYour Answer goals , policies , procedures
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 Macro environmentCorrect Answer Political- legal , socio-cultural , economic-demographicYour Answer Political- legal , socio-cultural , economic-demographic
True/FalseQuestion Environmental competitiveness tends to encourage ethical behaviour.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion It is the most important feature in the implementation of strategic managementCorrect Answer leadership
Your Answer leadership
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 aim in stability strategies is-Correct Answer move slowly & surelyYour Answer move slowly & surely
Multiple Choice Multiple AnswerQuestion How does 'structure' reduce external uncertainity arising out of human behaviourCorrect Answer Research and planning , ForecastingYour Answer Research and planning , Forecasting
Multiple Choice Single AnswerQuestion T in SWOT, refers toCorrect Answer unfavorable conditions in external environment.Your Answer unfavorable conditions in external environment.
Multiple Choice Multiple AnswerQuestion The major issues of appraisal system areCorrect Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisalYour Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Multiple Choice Single AnswerQuestion It enables the strategists to take corrective action at the right timeCorrect Answer Premise controlYour Answer Premise control
Select The Blank
Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.Correct Answer DelegationYour Answer Delegation
Multiple Choice Multiple AnswerQuestion market research is conducted byCorrect Answer by employees , by research agencies , by consultantsYour Answer by employees , by research agencies , by consultants
True/FalseQuestion Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer TrueYour Answer True
True/FalseQuestion Micro environment is the internal environment of a company.Correct Answer FalseYour Answer False
True/FalseQuestion Business ethics is how personal norms do not apply to activities & goals of a commercial firm.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion These people are primarily responsible for operating control based on budgeting, reporting and financial analysisCorrect Answer Company secretary , Auditor , Financial controllerYour Answer Company secretary , Auditor , Financial controller
Select The BlankQuestion Control should involve________ amount of information.
Correct Answer MinimumYour Answer Minimum
Multiple Choice Multiple AnswerQuestion Principles to manage strategic alliances areCorrect Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategyYour Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
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
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 Single AnswerQuestion Core purposeCorrect Answer missionYour Answer mission
Strategic Management-Set 5Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Wrong motivational styles , Distorted resource allocation , Inappropriate structureYour Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles
Multiple Choice Multiple AnswerQuestion Various phases of Growth areCorrect Answer Creativity , Delegation , Co-ordinationYour Answer Delegation , Co-ordination , Implication
Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , proceduresYour Answer goals , policies
True/FalseQuestion Excelling in one market guarantees success in a new.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion Export entry modes areCorrect Answer direct/indirect exportYour Answer direct/indirect export
True/FalseQuestion Business ethics is how personal norms do not apply to activities & goals of a commercial firm.Correct Answer FalseYour Answer True
Multiple Choice 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 level , the effort is directed at assessing the consistency of strategy with the environmentCorrect Answer Strategic evaluationYour Answer Strategic evaluation
Select The BlankQuestion Titan going into setting their won retail outlets- this is ________ integration.Correct Answer vertical ( forward )Your Answer vertical ( forward )
Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.
Multiple Choice Multiple AnswerQuestion Competenncy models reveal three types of capabilitiesCorrect Answer Technical skills , Cognitive skills , Emotional Intelligence QuotientYour Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient
Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies
Select The BlankQuestion Control should involve________ amount of information.Correct Answer MinimumYour Answer Maximum
Select The BlankQuestion Modern Accounting uses ________ as a unit of measureCorrect Answer TimeYour Answer Time
Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committeeYour Answer Financial controller
Match The FollowingQuestion Correct Answer Your Answer
Phase 4 Coordination Coordination
Phase 1 Creativity Creativity
Phase 2 Direction Collaboration
Phase 3 Delegation Direction
True/FalseQuestion Timing of measurement before hand serves the purpose of evaluation.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategyCorrect Answer Strategic surveillanceYour Answer Strategic surveillance
Select The BlankQuestion Like roots of a tree, ________of organization is hidden from direct view.Correct Answer core competenceYour Answer core competence
True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer True
Multiple Choice Multiple AnswerQuestion These following factors determine the desire of riskCorrect Answer Strategies , ResourcesYour Answer Strategies , Competence , Time
Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer LeadersYour Answer Leaders
True/FalseQuestion Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer True
Your Answer True
True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True
Select The BlankQuestion ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Strategy
Select The BlankQuestion ________ relationships are effective in communicating complex informationCorrect Answer PersonalYour Answer Informal
Multiple Choice Multiple AnswerQuestion Different kinds of information systems areCorrect Answer Operational level system , Knowledge level system , Management level systemYour Answer Operational level system , Knowledge level system , Management level system
Select The BlankQuestion Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense.Correct Answer counteroffensiveYour Answer contraction
True/FalseQuestion Counterfeiter copy but with a difference that can be seen.Correct Answer FalseYour Answer True
Select The BlankQuestion Displacing competitor is ________ category of goal.Correct Answer common enemyYour Answer aggressive
Multiple Choice Multiple AnswerQuestion The major issues of appraisal system areCorrect Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisalYour Answer Relevance of apprasial , Procedure of appraisal , Individual appraisal
True/FalseQuestion All policies are 'statements'Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected eventsCorrect Answer Emergency alert contriolYour Answer Emergency alert contriol
Multiple Choice Single AnswerQuestion A network of facilities and distribution that performs the
functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers isCorrect Answer Supply chainsYour Answer Supply chains
True/FalseQuestion The key principle of moral management is "Can we make money with this action decision or behaviour"?Correct Answer FalseYour Answer True
True/FalseQuestion Staffing function applies to all company levels irrespective of levels of hierarchyCorrect Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion A Company's strategyCorrect Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriateYour Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Select The BlankQuestion ________ is seen as an integral process that converts materials into goodsCorrect Answer SystemsYour Answer Statistical quality control
Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business process
Your Answer Business process
Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets
Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Multiple Choice Single AnswerQuestion Concentric diversification meansCorrect Answer new activity related to existing businessYour Answer new activity related to existing business
Multiple Choice Single AnswerQuestion Maintain strategies meansCorrect Answer no change in strategiesYour Answer move slowly & surely
Multiple Choice Single AnswerQuestion Consolidation strategy meansCorrect Answer better profit strategyYour Answer partial differentiation strategy
Select The BlankQuestion ________ models can be described as a system that describe how pieces of business fit together.
Correct Answer BusinessYour Answer Circular
Match The FollowingQuestion Correct Answer Your Answer
4 Ps are Product, Price, Place, Promotion Product, Price, Place, Process
Sources of funds Factor leading to financial capability Factor leading to financial capability
The retrieval and usage of information Factor leading to Information Management Capability Value chain analysis
The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability
Multiple Choice Multiple AnswerQuestion The culture of a company is conveyed throughCorrect Answer Rites , Myths , RitualsYour Answer Rites , Rituals , Style
Strategic Management(6)
Multiple Choice Single AnswerQuestion An approach that strives to follow ethical principles and percepts isCorrect Answer Moral managementYour Answer Moral management
True/False
Question Standards of performance act as the benchmark against which the actual performance is compared.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion How does 'structure' reduce external uncertainity arising out of human behaviourCorrect Answer Research and planning , ForecastingYour Answer Research and planning , Forecasting
Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purposeYour Answer core values , core purpose
Select The BlankQuestion ________ is a modern plant consisting of modules centered around a stage in the production processCorrect Answer Flotilla conceptYour Answer Flotilla concept
Match The FollowingQuestion Correct Answer Your Answer
Crisis Management leads to organisational learning leads to organisational learning
Milestone review Another method of implementation control Another method of implementation control
Long and short term controls Balanced approach to evaluation Balanced approach to evaluation
Variance Actual and budgeted performance Actual and budgeted
performance
Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer challenge
Multiple Choice Single AnswerQuestion Secondary sources of information areCorrect Answer newspapers, magazines, journals etc.Your Answer newspapers, magazines, journals etc.
True/FalseQuestion Getting new users is a position defense strategy.Correct Answer FalseYour Answer False
Select The BlankQuestion Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense.Correct Answer counteroffensiveYour Answer counteroffensive
True/FalseQuestion According to Michael Porter, the core of efficiency management is strategy.Correct Answer TrueYour Answer False
Multiple Choice Single Answer
Question The strategies which deal with the relative and restricted function for allocation of resources isCorrect Answer Funcational streategiesYour Answer Funcational streategies
Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Distorted resource allocation , Inappropriate structure , Wrong motivational stylesYour Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles
True/FalseQuestion Numerator may bring short-term results, but there may be serious long-term sacrifices.Correct Answer FalseYour Answer True
True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False
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 These are critical situations that occur unexpectedly and threaten the course of a firm's strategyCorrect Answer CrisisYour Answer Crisis
Multiple Choice Single AnswerQuestion Contractual entry modes areCorrect Answer licensing / franchisingYour Answer licensing / franchising
Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Decision making ability , Vision , Conceptual, human & intellectual skills
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 Labour satisfaction may result in unethical behaviour as anger.Correct Answer FalseYour Answer False
Select The BlankQuestion A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.Correct Answer role modelYour Answer role model
True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Investment entry mode areCorrect Answer joint venture/independent ventures/subsidiariesYour Answer joint venture/independent ventures/subsidiaries
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
True/FalseQuestion Divestiture is opposed to diversification.Correct Answer FalseYour Answer True
Multiple Choice Multiple AnswerQuestion The Hallmarks for self-regulation areCorrect Answer Trust & fairness , Changed Management , Integrity & thoughtfulnessYour Answer Trust & fairness , Integrity & thoughtfulness
Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibilityCorrect Answer StandardisationYour Answer Standardisation
Multiple Choice Multiple AnswerQuestion What is Statistical Quality Control(SQC)Correct Answer Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production processYour Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Multiple Choice Multiple AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer taxes , availability of buyers , market reactionYour Answer taxes , availability of buyers , market reaction
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 Multiple AnswerQuestion Different kinds of information systems areCorrect Answer Operational level system , Knowledge level system , Management level systemYour Answer Operational level system , Knowledge level system , Management level system
Match The FollowingQuestion Correct Answer Your Answer
Decision making Managers to develop the courage to make unconventional decisions Managers to develop the courage to make unconventional decisions
Social Responsibility Managers to maintain high ethical standards Managers to maintain high ethical standards
Lateral thinking Managers to learn to deal with chaotic situations Managers to learn to deal with chaotic situations
Responsiveness Managers to provide speedy responses to environmental changes Managers to provide speedy responses to environmental changes
Multiple Choice Single AnswerQuestion These are moves that will pay off irrespective of what happens in the futureCorrect Answer No-regret movesYour Answer No-regret moves
Multiple Choice Single AnswerQuestion It refers to the relatively more durable company arrangements and relationshipsCorrect Answer StructureYour Answer Strategy
Multiple Choice Multiple AnswerQuestion How does 'structure' reduce internal uncertainity arising out of human behaviourCorrect Answer Control mechanism , Departmentalisation , SpecialisationYour Answer Forecasting , Departmentalisation , Specialisation
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
Multiple Choice Single AnswerQuestion This portfolio involves major capital investments which will result in either large pay offs or large lossesCorrect Answer Big betsYour Answer Big bets
Select The BlankQuestion Modern Accounting uses ________ as a unit of measureCorrect Answer TimeYour Answer Time
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 The various models of social responsibility areCorrect Answer Austere Model , Vendors Model , Civic ModelYour Answer Austere Model , Vendors Model , Civic Model
Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer favorable condition in the organization's
environment.
Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management
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 ________ relationships are effective in communicating complex informationCorrect Answer PersonalYour Answer Personal
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 Limitations of Traditional cost accounting areCorrect Answer Assumes factory as an isolated entity , It measures only the cost of producingYour Answer Assumes factory as an isolated entity , It measures only the cost of producing
Strategic Management 7
True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion General Electric Matrix is divided into how many cellsCorrect Answer 9Your Answer 9
Select The BlankQuestion Japan's major productivity gains are the results of social changes brought about by ________Correct Answer Statistical quality controlYour Answer Statistical quality control
Multiple Choice 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
Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis
Multiple Choice Single Answer
Question It refers to formal and informal rules, regulations and procedures that complements the company structureCorrect Answer SystemsYour Answer Systems
Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning
Multiple Choice Single AnswerQuestion Export entry modes areCorrect Answer direct/indirect exportYour Answer licensing/franchising
Multiple Choice Multiple AnswerQuestion Business is rated on which dimensionsCorrect Answer Market attractiveness , Business strengthYour Answer Market attractiveness , Business strength
Multiple Choice Multiple AnswerQuestion Factors determining HRP (Human Resource Planning )Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of informationYour Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Multiple Choice Multiple AnswerQuestion The culture of a company is conveyed throughCorrect Answer Myths , Rituals , RitesYour Answer Rites , Myths , Rituals
Multiple Choice Single Answer
Question At this level , the effort is directed at assessing the consistency of strategy with the environmentCorrect Answer Strategic evaluationYour Answer Premise evaluation
Multiple Choice Multiple AnswerQuestion Factors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of business gets shared , sharing competence of each otherYour Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other
Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False
Select The BlankQuestion Make or buy decision is related with ________strategy.Correct Answer vertical ( backward ) integrationYour Answer vertical ( backward ) integration
True/FalseQuestion Analysis of variances leads to a plan for corrective action
Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion These people are primarily responsible for operating control based on budgeting, reporting and financial analysisCorrect Answer Company secretary , Auditor , Financial controllerYour Answer Company secretary , Auditor , Financial controller
Select The BlankQuestion Displacing competitor is ________ category of goal.Correct Answer common enemyYour Answer common enemy
Select The BlankQuestion Bajaj started manufacturing of sunny is an example of ________.Correct Answer concentration strategyYour Answer concentration strategy
Multiple Choice Single AnswerQuestion The traditional approach towards uncertainity isCorrect Answer BinaryYour Answer Binary
Match The FollowingQuestion Correct Answer Your Answer
Board of Directors Link between company & external environment Link between company & external environment
Profit centers S.B.U. s S.B.U. s
S.B.U.s are more focused on their Product line/business Product
line/business
Manufacturing strategy Productivity Productivity
True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False
Select The BlankQuestion The benefits of a change in process are defined in terms of ________ cost savingsCorrect Answer LabourYour Answer Labour
True/FalseQuestion Environmental competitiveness tends to encourage ethical behaviour.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management
True/FalseQuestion The actual performance matches the budgeted performance. This is a realistic situation.Correct Answer FalseYour Answer True
True/FalseQuestion Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer TrueYour Answer True
Select The BlankQuestion ________ models can be described as a system that describe how pieces of business fit together.Correct Answer BusinessYour Answer Business
Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process
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 ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer Traditional
Your Answer Traditional
Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental threat & opportunity profile
Select The BlankQuestion ________ is the company's most critical and scarest resource.Correct Answer CapitalYour Answer Labour
True/FalseQuestion HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departmentsCorrect Answer departmentationYour Answer departmentation
True/FalseQuestion Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategyCorrect Answer Operational evaluationYour Answer Strategic evaluation
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 Consolidation strategy meansCorrect Answer better profit strategyYour Answer better profit strategy
True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False
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
Multiple Choice Multiple AnswerQuestion Organizational models areCorrect Answer multinational model , international model , global organizational modelYour Answer multinational model , international model , global
organizational model
Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer favorable condition in the organization's environment.
Multiple Choice Multiple AnswerQuestion An unhealthy portfolio hasCorrect Answer More dogs , Few starsYour Answer More dogs , Few stars
Strategic Management-Set 6True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion Attack strategies areCorrect Answer frontal attack , flank attack , encirclement attackYour Answer flank attack , encirclement attack , frontal attack
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 Principles to manage strategic alliances areCorrect Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategyYour Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Select The BlankQuestion Economics of scale requires ________.Correct Answer high market shareYour Answer focus
Multiple Choice Single AnswerQuestion The discipline which deals with what is good and bad and which moral obligation isCorrect Answer EthicsYour Answer Ethics
Multiple Choice Single AnswerQuestion It is the process of selecting people for company positions and developing skills and abilities for assignments in the companyCorrect Answer StaffingYour Answer Staffing
Select The BlankQuestion Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.Correct Answer Co-ordinationYour Answer Co-ordination
True/FalseQuestion Under functional strategics we have vertical fit & horizontal fit.
Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Factors determining HRP (Human Resource Planning )Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of informationYour Answer Type & Strategy of organisation , Type & quality of information
Multiple Choice Multiple AnswerQuestion Organizational models areCorrect Answer multinational model , international model , global organizational modelYour Answer multinational model , international model , global organizational model
Multiple Choice Single AnswerQuestion A pictorial depiction of various outcomes of a decision isCorrect Answer decision treeYour Answer decision tree
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
True/FalseQuestion Standards of performance act as the benchmark against which the actual performance is compared.Correct Answer TrueYour Answer True
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 Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process
Select The BlankQuestion ________ is the drive to achieve beyond one's expectationsCorrect Answer MotivationYour Answer Inspiration
Match The FollowingQuestion Correct Answer Your Answer
Programs Combination of goals, policies, rules Combination of goals, policies, rules
Policies General statements and understanding which, guide thinking in decision-making General statements and understanding which, guide thinking in decision-making
Procedures Are plans and a guide to action Are plans and a guide to action
Rules Spell out specific action or non-action Spell out specific action or non-action
Multiple Choice Multiple AnswerQuestion Measures to take corrective actionCorrect Answer Checking performance , Reformulate strategies , Standard checkYour Answer Checking performance , Formulate plans , Standard check
Multiple Choice Single AnswerQuestion General Electric Matrix is divided into how many cellsCorrect Answer 9Your Answer 9
Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer TraditionalYour Answer Traditional
Match The FollowingQuestion Correct Answer Your Answer
Crisis Management leads to organisational learning First step of signal detection
Milestone review Another method of implementation control Balanced approach to evaluation
Long and short term controls Balanced approach to evaluation Actual and budgeted performance
Variance Actual and budgeted performance Chacking of performance
Multiple Choice Single Answer
Question A Large-scale community development project was funded to enable farmers to use local resources effectively byCorrect Answer Asian PaintsYour Answer BHEL
Multiple Choice Single AnswerQuestion They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implicationsCorrect Answer Board of directorYour Answer Chief executive
True/FalseQuestion Change in company's strategy gives rise to problems necessitating a new structure to be madeCorrect Answer TrueYour Answer False
Select The BlankQuestion Factors leading to personnel capability are________.Correct Answer IR, OBYour Answer IR, OB
Select The BlankQuestion In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.Correct Answer DelegationYour Answer Delegation
Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is
positive, neutral or negative.Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
Select The BlankQuestion GATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer general agreement on trade & tariff
True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False
True/FalseQuestion Environmental competitiveness tends to encourage ethical behaviour.Correct Answer FalseYour Answer True
True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer TrueYour Answer False
True/FalseQuestion Focused company is generally protected from competition.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion It enables the strategists to take corrective action at the right timeCorrect Answer Premise controlYour Answer Premise control
Multiple Choice Multiple AnswerQuestion Techniques used in environmental appraisal areCorrect Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mappingYour Answer structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
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 Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning
Multiple Choice Multiple AnswerQuestion The control process requires the following types of informationCorrect Answer Planned performance , Variances , ReasonsYour Answer Planned performance , Variances , Reasons
Select The BlankQuestion A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.Correct Answer role modelYour Answer qualitative
Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer favorable condition in the organization's environment.
Select The BlankQuestion ________ and greater accountability replace formal control.Correct Answer Self-disciplineYour Answer Self-discipline
Multiple Choice Single AnswerQuestion Denominator managementCorrect Answer cost reductionYour Answer maintain discipline
Multiple Choice 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 external uncertainity arising out of human behaviourCorrect Answer Research and planning , ForecastingYour Answer Research and planning , Forecasting
True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False
Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental threat & opportunity profile
Multiple Choice Single AnswerQuestion Vertical integration is concerned withCorrect Answer supply chainYour Answer supply chain
4.
1. vertical forward integration means1. becoming your own supplier
2. horizontal integration means2. additional product/service for same customers
3. vertical backward integration means3. one company buys another company.
4. strategic alliances means4. two or more entities join hands for mutual benefit.
5. becoming supplier for another company
6. becoming your own customer
1. Gap analysis1. Misfit with understanding of critical success factors
2. Corporate parenting2. Fit well but low opportunities
3. Heartland business3. Give the highest priority
4. Ballast business4. Some fit and some misfit
5. Difference between desired and projected performance
6. Managing SBU's by a corporate
4. identifies the impact of any change on performance31. The reasons for acquisition are
a)
b)
c)
d)
Increased market power
Increased diversification
Increased speed to market
Encourage excessive competition
34. Attack strategies are
a)
b)
c)
d)
frontal attack
flank attack
encirclement attack
Enrichment attack
Strategic Management (4)
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 Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning
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 ________ 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 Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists
Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental threat & opportunity profile
Multiple Choice Multiple AnswerQuestion Harveststrategy is used forCorrect Answer Dogs , Question marksYour Answer Dogs , Question marks , Stars
Multiple Choice Single AnswerQuestion The traditional approach towards uncertainity isCorrect Answer BinaryYour Answer Unitary
Multiple Choice Single AnswerQuestion The strategies which deal with the relative and restricted function for allocation of resources isCorrect Answer Funcational streategiesYour Answer Internal streategies
True/FalseQuestion Macro environment is the internal environment of a company.Correct Answer FalseYour Answer True
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 Contractual entry modes areCorrect Answer licensing / franchisingYour Answer independent ventures to get entry in foreign market
True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer True
Select The BlankQuestion The ________ are distinct little business set up as units in a larger companyCorrect Answer Strategic business UnitsYour Answer Strategic business Units
True/FalseQuestion Arranging training program on productivity is a strategic decision.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 These are critical situations that occur unexpectedly and threaten the course of a firm's strategyCorrect Answer CrisisYour Answer Crisis
Multiple Choice Single AnswerQuestion Retrenchment strategy meansCorrect Answer contraction of business activitiesYour Answer contraction of business activities
Multiple Choice Single AnswerQuestion At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategyCorrect Answer Operational evaluationYour Answer Strategic evaluation
Match The FollowingQuestion Correct Answer Your Answer
Fit SWOT analysis SWOT analysis
Vision what a company wishes to become or aspires to be. what a company wishes to become or aspires to be.
mission what the company is and why it exists. what the company is and why it exists.
BHAG big headed audacious goals big headed audacious goals
Multiple Choice Single AnswerQuestion These are moves that will pay off irrespective of what happens in the futureCorrect Answer No-regret movesYour Answer No-regret moves
Select The BlankQuestion Bajaj started manufacturing of sunny is an example of
________.Correct Answer concentration strategyYour Answer expansion strategy
Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibilityCorrect Answer StandardisationYour Answer Goals
Multiple Choice Multiple AnswerQuestion Niche marketing meansCorrect Answer end user specialist , specific customer specialist , geographic specialistYour Answer specific customer specialist , research specialist
Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis
Multiple Choice Single AnswerQuestion It is used extensively in organisation and is concerned with action or performanceCorrect Answer Operational controlYour Answer Operational control
Match The FollowingQuestion Correct Answer Your Answer
Turnaround Strategies Retrenchments - either internally or externally Retrenchments by externally only
Retrenchment Strategies Contraction of activities through
elimination of the scope of one or more of its business Retrenchments - either internally or externally
Divestment Strategies Involves the sale or liquidation of a portion of a business Involves the sale or liquidation of a portion of a business
True/FalseQuestion Analysis of variances leads to a plan for corrective actionCorrect Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer taxes , availability of buyers , market reactionYour Answer taxes , availability of buyers , market reaction
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 Multiple AnswerQuestion Business is rated on which dimensionsCorrect Answer Market attractiveness , Business strengthYour Answer Market attractiveness , Profit margin , Competition
level
Multiple Choice Multiple AnswerQuestion Strategic intentCorrect Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.Your Answer ambitions in proportion to their existing resources & capabilities , what the organization strives for. , concept of optimization
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
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 Single AnswerQuestion The process of forecasting an organization's future demands for and supply of right type of people in right number isCorrect Answer Man-power planningYour Answer Man-power planning
Select The BlankQuestion Make or buy decision is related with ________strategy.Correct Answer vertical ( backward ) integrationYour Answer vertical ( forward )
Multiple Choice Single AnswerQuestion The tool used for decision making in 'A range of futures' scenario isCorrect Answer Technology forecastingYour Answer Technology forecasting
Multiple Choice Multiple AnswerQuestion Criteria for making an evaluation areCorrect Answer Consistency with goals , Consistency with environment , MoneyYour Answer Consistency with goals , Consistency with environment
True/FalseQuestion Micro environment is the internal environment of a company.Correct Answer TrueYour Answer False
Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer product performance analysis
True/FalseQuestion Companies have strenghts in a number of areas but their key strength are few in numberCorrect Answer TrueYour Answer True
True/FalseQuestion Getting new users is a position defense strategy.Correct Answer False
Your Answer True
True/FalseQuestion Labour satisfaction may result in unethical behaviour as anger.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.
Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purposeYour Answer core values , core purpose , ideas and suggestions
Select The BlankQuestion GATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer general agreement on trade & tariff
Multiple Choice Multiple AnswerQuestion market research is conducted byCorrect Answer by employees , by research agencies , by consultantsYour Answer by employees , by research agencies , by consultantsStrategic Management-Set 7Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibilityCorrect Answer Standardisation
Your Answer Standardisation
Multiple Choice Multiple AnswerQuestion Organizational models areCorrect Answer multinational model , international model , global organizational modelYour Answer international model , global organizational model , multinational model
Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , communication skills
Multiple Choice Single AnswerQuestion Secondary sources of information areCorrect Answer newspapers, magazines, journals etc.Your Answer newspapers, magazines, journals etc.
Match The FollowingQuestion Correct Answer Your Answer
Board of Directors Link between company & external environment Link between company & external environment
Profit centers S.B.U. s S.B.U. s
S.B.U.s are more focused on their Product line/business Product line/business
Manufacturing strategy Productivity Productivity
True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False
True/FalseQuestion According to Michael Porter, the core of efficiency management is strategy.Correct Answer TrueYour Answer False
Match The FollowingQuestion Correct Answer Your Answer
Fit SWOT analysis SWOT analysis
Vision what a company wishes to become or aspires to be. what a company wishes to become or aspires to be.
mission what the company is and why it exists. what the company is and why it exists.
BHAG big headed audacious goals big headed audacious goals
Multiple Choice Multiple AnswerQuestion These people are primarily responsible for operating control based on budgeting, reporting and financial analysisCorrect Answer Company secretary , Auditor , Financial controllerYour Answer Company secretary , Chartered accountant , Financial controller
True/FalseQuestion Divestiture is opposed to diversification.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion It concentrates on organisation design and work flowCorrect Answer FlotillaYour Answer Systems approach
Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning
True/FalseQuestion Three C's affecting today's companies are customer, competition & changeCorrect Answer TrueYour Answer True
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 GATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer global agreement on trade & taxes
Select The Blank
Question Control should involve________ amount of information.Correct Answer MinimumYour Answer Formal
Multiple Choice 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 Corporate strategy ensuresCorrect Answer fit between the firm and its environmentYour Answer Easy availability of resources
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
Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer TraditionalYour Answer Traditional
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 Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity
Multiple Choice Single AnswerQuestion The process of forecasting an organization's future demands for and supply of right type of people in right number isCorrect Answer Man-power planningYour Answer Man-power planning
Select The BlankQuestion A hardware manufacture enters into software is an example of ________integration.Correct Answer vertical ( forward )Your Answer horizontal
Multiple Choice Single AnswerQuestion MissionCorrect Answer philosophy, public imageYour Answer target
Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?
Correct Answer Audit committeeYour Answer Audit committee
Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists
Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets
Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental threat & opportunity profile
True/FalseQuestion The key principle of moral management is "Can we make money with this action decision or behaviour"?Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion 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 Single Answer
Question They are ultimately responsible for all the administrative aspects of strategic evaluation and controlCorrect Answer Chief executiveYour Answer Chief executive
Multiple Choice Single AnswerQuestion Empower people through great software anytime , any place, on any device'- MicrosoftCorrect Answer visionYour Answer vision
Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process
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 All policies are 'statements'Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.
Multiple Choice Multiple AnswerQuestion Attack strategies are
Correct Answer frontal attack , flank attack , encirclement attackYour Answer frontal attack , flank attack , encirclement attack
True/FalseQuestion Standards of performance act as the benchmark against which the actual performance is compared.Correct Answer TrueYour Answer True
Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental threat & opportunity profile
Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management
Multiple Choice Single AnswerQuestion Core purposeCorrect Answer missionYour Answer mission
True/FalseQuestion Micro environment is the internal environment of a company.Correct Answer FalseYour Answer True
True/FalseQuestion Business ethics is how personal norms do not apply to activities & goals of a commercial firm.
Correct Answer FalseYour Answer False
Select The BlankQuestion ________ 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 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
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
Strategic Management 2
Select The BlankQuestion Bajaj started manufacturing of sunny is an example of ________.Correct Answer concentration strategyYour Answer expansion strategy
True/FalseQuestion Focused company is generally protected from competition.Correct Answer TrueYour Answer False
Multiple Choice Multiple AnswerQuestion Principles to manage strategic alliances areCorrect Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategyYour Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Multiple Choice Multiple AnswerQuestion Factors determining HRP (Human Resource Planning )Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of informationYour Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Information , Expertise , IntelligenceYour Answer Information , Expertise , Intelligence
True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False
True/FalseQuestion Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to
consumer providing quality goods & services at reasonable prices.Correct Answer FalseYour Answer True
Multiple Choice Multiple AnswerQuestion An unhealthy portfolio hasCorrect Answer More dogs , Few starsYour Answer More dogs , Few stars
True/FalseQuestion Business ethics is how personal norms do not apply to activities & goals of a commercial firm.Correct Answer FalseYour Answer False
Match The FollowingQuestion Correct Answer Your Answer
Fit SWOT analysis SWOT analysis
Vision what a company wishes to become or aspires to be. what a company wishes to become or aspires to be.
mission what the company is and why it exists. what the company is and why it exists.
BHAG big headed audacious goals big headed audacious goals
Multiple Choice Single AnswerQuestion Core purposeCorrect Answer missionYour Answer mission
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 W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization
Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer challenge
Multiple Choice Multiple AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer taxes , availability of buyers , market reactionYour Answer market reaction , taxes , availability of buyers
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 Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization
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
True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Consolidation strategy meansCorrect Answer better profit strategyYour Answer move slowly & surely
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 The various models of social responsibility areCorrect Answer Austere Model , Vendors Model , Civic ModelYour Answer Austere Model , Vendors Model , Civic Model
True/FalseQuestion Excelling in one market guarantees success in a new.Correct Answer FalseYour Answer False
True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion Corporate strategy ensuresCorrect Answer fit between the firm and its environmentYour Answer fit between the firm and its environment
Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning
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 An approach that strives to follow ethical principles and percepts isCorrect Answer Moral managementYour Answer Moral management
Multiple Choice Single AnswerQuestion Degree to which the decision maker is accountable for the outcomes of the decision isCorrect Answer accountabilityYour Answer accountability
Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer LeadersYour Answer Leaders
Multiple Choice Multiple AnswerQuestion 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 Multiple AnswerQuestion market research is conducted byCorrect Answer by employees , by research agencies , by consultantsYour Answer by research agencies , by consultants
True/FalseQuestion Changes in company structure also necessitates changes in the systems in various degreesCorrect Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision
making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Select The BlankQuestion Strategic evaluation determines the effectiveness of ________Correct Answer StrategyYour Answer Strategy
Multiple Choice Multiple AnswerQuestion Harveststrategy is used forCorrect Answer Dogs , Question marksYour Answer Question marks , Stars
Select The BlankQuestion ________ models can be described as a system that describe how pieces of business fit together.Correct Answer BusinessYour Answer Business
Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process
True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False
Select The Blank
Question Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer product performance analysis
Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management
True/FalseQuestion Style of a company are the patterns of actions taken by members of top management over a period of timeCorrect Answer TrueYour Answer False
Match The FollowingQuestion Correct Answer Your Answer
Comparative analysis is historical analysis historical analysis
Benchmarking is competitive analysis competitive analysis
Michael Hammer & James Chapy Reengineering Reengineering
GDP stands for gross domestic product gross domestic product
Select The BlankQuestion Brush your teeth twice a day is an example of expanding the total market by________.Correct Answer more usageYour Answer more usage
Multiple Choice Single Answer
Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity isCorrect Answer significanceYour Answer aversion
Multiple Choice 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 Single AnswerQuestion The discipline which deals with what is good and bad and which moral obligation isCorrect Answer EthicsYour Answer Ethics
The benefits of a change in process are defined in terms of cost savingsGetting new users is a position defense strategy.TrueFalse
Strategic Management-Set 8Select The BlankQuestion Module of Flotilla strikes an optimum balance of ________ and flexibilityCorrect Answer StandardisationYour Answer Standardisation
Multiple Choice Multiple AnswerQuestion Organizational models are
Correct Answer multinational model , international model , global organizational modelYour Answer international model , global organizational model , multinational model
Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , communication skills
Multiple Choice Single AnswerQuestion Secondary sources of information areCorrect Answer newspapers, magazines, journals etc.Your Answer newspapers, magazines, journals etc.
Match The FollowingQuestion Correct Answer Your Answer
Board of Directors Link between company & external environment Link between company & external environment
Profit centers S.B.U. s S.B.U. s
S.B.U.s are more focused on their Product line/business Product line/business
Manufacturing strategy Productivity Productivity
True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False
True/FalseQuestion According to Michael Porter, the core of efficiency management is strategy.Correct Answer TrueYour Answer False
Match The FollowingQuestion Correct Answer Your Answer
Fit SWOT analysis SWOT analysis
Vision what a company wishes to become or aspires to be. what a company wishes to become or aspires to be.
mission what the company is and why it exists. what the company is and why it exists.
BHAG big headed audacious goals big headed audacious goals
Multiple Choice Multiple AnswerQuestion These people are primarily responsible for operating control based on budgeting, reporting and financial analysis
Correct Answer Company secretary , Auditor , Financial controllerYour Answer Company secretary , Chartered accountant , Financial controller
True/FalseQuestion Divestiture is opposed to diversification.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion It concentrates on organisation design and work flowCorrect Answer FlotillaYour Answer Systems approach
Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning
True/FalseQuestion Three C's affecting today's companies are customer, competition & changeCorrect Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion How does 'structure' reduce external uncertainity arising out of human behaviourCorrect Answer Research and planning , Forecasting
Your Answer Research and planning , Forecasting
Select The BlankQuestion GATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer global agreement on trade & taxes
Select The BlankQuestion Control should involve________ amount of information.Correct Answer MinimumYour Answer Formal
Multiple Choice 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 Corporate strategy ensuresCorrect Answer fit between the firm and its environmentYour Answer Easy availability of resources
Multiple Choice Multiple Answer
Question What is Statistical Quality Control(SQC)Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occurYour Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer TraditionalYour Answer Traditional
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 Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity
Multiple Choice Single AnswerQuestion The process of forecasting an organization's future demands for and supply of right type of people in right number is
Correct Answer Man-power planningYour Answer Man-power planning
Select The BlankQuestion A hardware manufacture enters into software is an example of ________integration.Correct Answer vertical ( forward )Your Answer horizontal
Multiple Choice Single AnswerQuestion MissionCorrect Answer philosophy, public imageYour Answer target
Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committeeYour Answer Audit committee
Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists
Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital markets
Your Answer demand & supply of money, capital markets
Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental threat & opportunity profile
True/FalseQuestion The key principle of moral management is "Can we make money with this action decision or behaviour"?Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion 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 Single AnswerQuestion They are ultimately responsible for all the administrative aspects of strategic evaluation and controlCorrect Answer Chief executiveYour Answer Chief executive
Multiple Choice Single AnswerQuestion Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer visionYour Answer vision
Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process
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 All policies are 'statements'Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.
Multiple Choice Multiple AnswerQuestion Attack strategies areCorrect Answer frontal attack , flank attack , encirclement attackYour Answer frontal attack , flank attack , encirclement attack
True/FalseQuestion Standards of performance act as the benchmark against which the actual performance is compared.Correct Answer TrueYour Answer True
Select The BlankQuestion ETOP stands for ________.Correct Answer environmental threat & opportunity profileYour Answer environmental threat & opportunity profile
Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management
Multiple Choice Single AnswerQuestion Core purposeCorrect Answer missionYour Answer mission
True/FalseQuestion Micro environment is the internal environment of a company.Correct Answer FalseYour Answer True
True/FalseQuestion Business ethics is how personal norms do not apply to
activities & goals of a commercial firm.Correct Answer FalseYour Answer False
Select The BlankQuestion ________ 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 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
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