Evaluation Test on Strategic Management 1. Strategic management is _____________, _____________, and
_____________ process 2. Strategy is ________________, ________________, and
______________ long term plan to relate the company to its __________________. 3. ______________ is vividly descriptive image of what a firm wants to be of wants to be known for. 4. ______________is a statement of intent and answer to the question –“What business the firm is in”? 5. The Business is an interactive active of _______________, _____________, and _______________. 6. _______________are the ends to be achieved, whereas ______________ is process or means to achieve the ends. 7. SWOT analysis is___________, _____________, ______________ and
_______________ analysis. 8. The Macro factors which affect he performance of business are _____________, ______________, ______________, _______________, _____________, ______________, ______________, _______________, _____________, 9. KSF is _____________________________. 10. Take over is a process of acquiring ________________ whereas Acquisition is a process of acquiring ________________. 11.Environmental Appraisal includes ______________ for opportunities and threats and ________________ for strength and weakness. 12.SIS is_________________ where as MIS is _________________. 13. ETOP: ___________________; SAP: ____________________.
14.______________ is pursued when a company increases the pace of its activities.
15.Turnaround is a ________________ strategy. 16.For effective M & A _________________, ________________, _______________, _________________ and _______________ area focus is to be considered. 17. ________________, ______________, and ________________ are the business level strategy a firm pursues to survive the competitions. 18.The strategic planning is a routine planning functions for a firm to produce product or services for today’s market. YES
NO.
19.In volatile market, stability strategy is today’s survival and tomorrow death.
TRUE
FALES.
20. Give two reasons why company pursue retrenchment or restructuring
strategy: (a) ____________________________________________ (b)_____________________________________________