Bs Quiz

BUSINESS STRATEGY

16 .WHAT IS NOT A CHARACTERISTIC OF A STRATEGIC DECISION?? c)1.This is devised as a long term of an organization. e)2.It is used to gain an advantage of Competitors. g)3.It fulfils the satisfaction of stakeholders. i)4.It does not affect operational decisions.

17.WHICH IS NOT A LEVEL OF STRATEGY?? d)1.

Corporate-Level Strategy

f)2.

Business-Level Strategy

h)3.

Operational Level Strategy

j)Executive Level Strategy

18.OVERRIDING PUROSE IN LINE WITH THE EXPECTATIONS OF STAKEHOLDERS ?? (WHAT IS IT?) •

1. Mission

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2. Vision

•

3. Goal

•

4. Strategy

19.WHAT IS THE QUANTIFICATION OR MORE PRECISE STATEMENT OF THE GOAL?? • 1. Objective • 2.Strategic Capability • 3.Vision • 4.Goal

20.RESOURCES, ACTIVITIES AND PROCESSES WHICH PROVIDE COMPETITIVE ADVANTAGE IS TERMED AS:•STRATEGIC CAPABILITY • CONTROL •GOAL •BUSINESS MODEL

21.WHICH DOESN’T COMPRISE OF STRATEGIC MANAGEMENT?? d)STRATEGIC CAPABILITY f)STRATEGIC POSITION h)STRATEGIC ACTION j)STRATEGIC CHOICE

22.WHICH OF THE FOLLOWING IS NOT A STRATEGIC DECISION?? d)1.Product Launch f)2. Acquisition h)3.Divestment j)4.Compensation plans

23.WHICH OF THE FOLLOWING IS ACTUALLY NOT A TYPE OF BUSINESS STRATEGY? d)Emergent strategy f)Intended strategy h)Rising Strategy j)Unrealized Strategy

24.WHICH OF THE FOLLOWING IS AN EMERGENT STRATEGY? c)1.The strategy actually being followed by an organization in practice. e)2.The strategy that comes about through everyday activities in an organization. g)3.The strategy which is an expression of a desired strategic action deliberately formulated or planned by managers i)4. None of the above

25.THE BOWER-BURGELMAN EXPLANATION OF STRATEGY IS:c)1.Strategy develops as an outcome of Resource-allocation routines e)2.Strategy develops in an uncertain situation g)3.Strategy cant be developed i)4.Strategy develops in case of emergent needs.