Strategic Management - Fill In Blanks

Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer customer & dealers 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 occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Outer Circle , Middle Circle Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Inspiration Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer External auditor True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer True Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile

Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer True True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids premature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Co-operation True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , communication skills True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters

Your Answer Adapters Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , Enrichment attack Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to increase growth rates , to end rivalry between the two Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer False Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Possession Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment True/False Question Divestiture is opposed to diversification. Correct Answer False

Your Answer True Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Product formulated Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing Availability of resources & avoiding strategies Marketing strategy Life cycle considerations Product formulated Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer policy framing Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , willingness of employees Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , what the organization strives for. , concept of optimization True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Inspectors Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Motivation Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy

Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination

SM assgn :02: Shagun True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer False Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Knowledge level system , Management level system , Operational level system Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer leadership Your Answer leadership Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Procedure of appraisal , Individual appraisal Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising Match The Following Question Correct Answer Your Answer Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions

Taking decisions regarding efficient and effective allocation of resources Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes Top level Executives Taking decisions regarding efficient and effective allocation of resources Marketing goals Multiple Choice Single Answer Question General Electric Matrix is divided into how many cells Correct Answer 9 Your Answer 4 Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis value chain analysis Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Encourage excessive competition Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Resources , Competence , Time , Strategies True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Capital , Information , Expertise Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer target

Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Michael Porter's model for Industry Analysis Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer competitive True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , corporate strategy Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Inner Model Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer SWOT analysis Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities

Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Style Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer global strategy Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer policy Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Question marks , Stars , Cash cowsCash cowsc Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Analogies and pattern recognition Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may

result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Formal Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-ordination True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True SM assgn :Anushka Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer Strategy Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Strategic surveillance Match The Following Question Correct Answer Your Answer Maintain strategy stable environment diversification Market follower are imitator bypass attack Market challenger are bypass attack imitator Turnaround strategy V.R.S. differentiation Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer competitive Match The Following

Question Correct Answer Your Answer Marketing a product Mass segmentation Availability of resources Environmental Analysis Social, Political, legal & technology Life cycle considerations Swot Analysis Matching, converting, minimizing & avoiding strategies Product formulated Marketing strategy Life cycle considerations Mass segmentation True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer strategy Multiple Choice Single Answer Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is Correct Answer CRM Your Answer CRM True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting

Your Answer Research and planning , Forecasting , Division of labour Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Options Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model True/False Question Scheduling is a part of strategic management. Correct Answer False

Your Answer False True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids premature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Formulate plans , Standard check Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Intelligence , Information , Expertise Your Answer Information , Expertise , Intelligence Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Select The Blank

Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Class Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Myths True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True 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 systems Your Answer Operational level systems Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Integrity Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of nonproducing Correct

Answer Traditional Your Answer Mathematical True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer SWOT analysis Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , research specialist Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Statistical quality control Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Board of directors Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer

Delegation Your Answer Direction Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. SM assgn : Deepak Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer True Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-ordination True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Capital , Information , Expertise , Intelligence Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer newspapers, magazines, journals etc. Match The Following Question Correct Answer Your Answer Sources of funds Factor leading to financial capability Product, Price, Place, Process The retrieval and usage of information Factor leading to Information Management Capability Factor leading to Personnel

Capability The Personnel System Factor leading to Personnel Capability Product, Price, Place, Promotion 4 Ps are Product, Price, Place, Promotion Value chain analysis Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Forecasting , Control mechanism , Departmentalisation , Specialisation Match The Following Question Correct Answer Your Answer Policies General statements and understanding which, guide thinking in decision-making Combination of goals, policies, rules Procedures Are plans and a guide to action General statements and understanding which, guide thinking in decision-making Rules Spell out specific action or nonaction Are plans and a guide to action Programs Combination of goals, policies, rules Is a statement of expected resultsin numbers Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Infrastructure Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Funcational streategies Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist , research specialist Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment True/False Question 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 False Your Answer True Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Less dogs , Few stars , More stars True/False

Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True 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 occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy , Instantly spots malfunctions and show where they occur Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer career development Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources , Competence , Time Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by rivals , by consultants Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Possession True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer True True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Multiple Choice Single Answer Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy Correct Answer Operational evaluation Your Answer Operational evaluation Select The Blank Question Value chain analysis is an effective tool for ________.

Correct Answer internal analysis Your Answer product performance analysis Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 , description of impact of each subfactor into a statement which is positive, neutral or negative. Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer top management Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export , internal inadequacies Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Subordinates Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves

Your Answer Options True/False Question Numerator may bring short-term results, but there may be serious longterm sacrifices. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , impact of organization on each sector , trends and rate of change of technology Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation Your Answer Operational evaluation Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self- drive SM assgn : Amit True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture True/False

Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures 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 systems Your Answer Operational level systems Match The Following Question Correct Answer Your Answer strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own supplier Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer blending cultures , provide for an exit strategy , clarity in strategy & responsibilities Multiple Choice Multiple Answer

Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Select The Blank Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. Correct Answer counteroffensive Your Answer counteroffensive Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Match The Following Question Correct Answer Your Answer 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. 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. Multiple Choice Single Answer Question The strategies which deal with the relative and restricted funct ion for allocation of resources is Correct Answer Funcational streategies Your Answer Funcational streategies True/False Question Acquisitions which are friendly are termed as "take-overs".

Correct Answer False Your Answer False Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question The tool used for future decision making in 'True Ambiguity' scenario is Correct Answer Non-linear dynamic model Your Answer Technology forecasting True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer False Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. True/False Question All policies are 'statements' Correct Answer False Your Answer True

Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Premise control True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False SM assgn : Amit Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct

Answer Audit committee Your Answer Audit committee Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export

Your Answer direct/indirect export True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment Match The Following Question Correct Answer Your Answer Role of consultants Hired for specialized for new business or expertise Link between company & external environment Role of Chief Executive Officer Responsible right from formulation / implementation to review of strategic management Responsible right from formulation / implementation to review of strategic management Role of SUB-level Executive More focussed on product line & responsible for the co-ordination between SUBs & Senior managements Important link between strategizing & implementation Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time

Your Answer Time Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer departmentation Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Match The Following Question Correct Answer Your Answer Horizontal integration means Additional product/service for same customers Additional product/service for same customers Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory Market follower are Imitator Imitator True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Multiple Answer Question Measures to take corrective action Correct

Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True

Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer policies , procedures , corporate strategy 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 occur Your 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 Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct

Answer False Your Answer True Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation Your Answer Strategic evaluation Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False SM assgn : Gaurav True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False

Match The Following Question Correct Answer Your Answer Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory Market follower are Imitator Imitator Horizontal integration means Additional product/service for same customers Additional product/service for same customers Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness 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 systems Your Answer Operational level systems Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Match The Following Question Correct Answer Your Answer Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Comparative analysis is historical analysis historical analysis True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates Correct Answer Shapers Your Answer Adapters Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model True/False Question Focused company is generally protected from competition.

Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , communication skills True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer competitive Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures True/False Question 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 False Your Answer False Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Latent demand research Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer potentials and competencies of organization. Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Single Answer Question Secondary sources of information are

Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process SM assgn : Shagun Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage True/False

Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Labour Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Comparative analysis is historical analysis value chain analysis Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer Reserve the right to play Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose , ideas and suggestions True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view.

Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model , local model Match The Following Question Correct Answer Your Answer 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 Fit SWOT analysis first intensive target 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 systems Your Answer Management Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals True/False Question All policies are 'statements' Correct Answer False Your Answer False True/False Question Timing of measurement before hand serves the purpose of evaluation.

Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure , Savings are in terms of time saved Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff 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 events Correct Answer Emergency alert contriol Your Answer Strategic surveillance Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Fixed Multiple Choice Multiple Answer

Question Factors encouraging joint ventures are Correct Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other Your Answer risk of business gets shared , sharing competence of each other Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , communication skills Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money , Knowledge True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Employess , Resources Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Formulate plans , Reformulate strategies Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer potentials and competencies of organization.

SM assgn : Seema Multiple Choice Multiple Answer

Question Three important managerial qualities required for the effective strategic management Correct Answer Vision , Conceptual, human & intellectual skills , Decision making ability Your Answer communication skills , Decision making ability , Vision Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Centralization Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Shapers Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Structural planning Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director 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 occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Single Answer Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is Correct Answer significance Your Answer risk True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Vendors Model , Civic Model , Austere Model Your Answer Civic Model , Austere Model , Vendors Model True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification True/False Question Companies have strenghts in a number of areas but their key

strength are few in number Correct Answer True Your Answer True True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer mission Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer competitive Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Structure Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength , Competition level Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Chartered accountant , Auditor , Financial controller

Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer True Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer weakness of competitors Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Funcational streategies Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis competitive analysis Benchmarking is competitive analysis Reengineering Michael Hammer & James Chapy Reengineering value chain analysis GDP stands for gross domestic product gross domestic product Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Criteria for making an evaluation are

Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer PR Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure Your Answer Structure True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Multiple Choice Single Answer Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is Correct Answer CRM Your Answer CRM

SM assgn : Mohit Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Civic Model , Austere Model , Vendors Model Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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

Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures 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 occur Your Answer Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis value chain analysis Benchmarking is competitive analysis historical analysis Michael Hammer & James Chapy Reengineering competitive analysis GDP stands for gross domestic product gross domestic product Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile True/False

Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer trends and rate of change of technology , quality & no. of suppliers , logistics , raw material Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False

Your Answer False Match The Following Question 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 nonaction Spell out specific action or nonaction Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True

Your Answer True Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation

- 1 - STRATEGIC MANAGEMENT 2ND SEM -1SM assgn : Deepak Multiple Choice Multiple Answer Question Attack strategies are Correct Answer encirclement attack , frontal attack , flank attack Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer Taxes, availability of buyers, market reaction Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer Supply chain True/False Question Companies have strengths in a number of areas but their key strength are few in number Correct Answer True True/False Question All policies are 'statements'

Correct Answer False Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors Heartland business Give the highest priority Give the highest priority Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids premature commitments Correct Answer Reserve the right to play Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer Leadership True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Multiple Choice Single Answer Question It concentrates on organization design and work flow Correct Answer Flotilla True/False

- 2 - STRATEGIC MANAGEMENT 2ND SEM -2-

Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'Microsoft Correct Answer vision Select The Blank Question Economics of scale requires ________. Correct Answer high market share Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Multiple Choice Multiple Answer Question Performance is affected by

Correct Answer Inappropriate structure , Wrong motivational styles , Distorted resource allocation Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question The traditional approach towards uncertainty is Correct Answer Binary True/False Question Macro environment has got immediate impact on business. Correct Answer False Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Multiple Choice Single Answer

- 3 - STRATEGIC MANAGEMENT 2ND SEM -3Question The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routines & can be done at a junior level are Correct Answer operational decisions True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage

Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of nonproducing Correct Answer Traditional Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Match The Following Question Correct Answer Your Answer Top level Executives Taking decisions regarding efficient and effective allocation of resources Marketing goals Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions Middle- level Managers Ensuring proper tactical changes Taking decisions regarding efficient and effective allocation of resources True/False

- 4 - STRATEGIC MANAGEMENT 2ND SEM -4-

Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures

Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Multiple Choice Single Answer Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy Correct Answer Strategic surveillance

- 5 - STRATEGIC MANAGEMENT 2ND SEM -5LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True True/False Question Getting new users is a position defense strategy. Correct Answer False Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardization Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination True/False Question Scheduling is a part of strategic management. Correct Answer False Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Match The Following Question Correct Answer Your Answer Sources of funds Factor leading to financial capability Product, Price, Place, Process The retrieval and usage of information Factor leading to Information Management Capability Factor leading to Personnel Capability The Personnel System Factor leading to Personnel Capability Product, Price, Place, Promotion

4 Ps are Product, Price, Place, Promotion Value chain analysis Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Match The Following Question Correct Answer Your Answer

- 6 - STRATEGIC MANAGEMENT 2ND SEM -6-

Policies General statements and understanding which, guide thinking in decision-making Combination of goals, policies, rules Procedures Are plans and a guide to action General statements and understanding which, guide thinking in decision-making Rules Spell out specific action or nonaction Are plans and a guide to action Programs Combination of goals, policies, rules Is a statement of expected resultsin numbers Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment True/False Question 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 False Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False 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 occur Multiple Choice Single Answer Question Expansion strategy means

Correct Answer growth Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Select The Blank

- 7 - STRATEGIC MANAGEMENT 2ND SEM -7Question Modern Accounting uses ________ as a unit of measure Correct Answer Time True/False Question Divestiture is opposed to diversification. Correct Answer False True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Multiple Choice Single Answer Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy Correct Answer Operational evaluation Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Multiple Choice Multiple Answer Question The preparation of ETOP involves

Correct 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 Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders

- 8 - STRATEGIC MANAGEMENT 2ND SEM -8-

Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by consultants , by employees , by research agencies Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Match The Following Question Correct Answer Your Answer Environmental Analysis Social, Political, legal & technology Matching, converting, minimizing &

avoiding strategies Swot Analysis Matching, converting, minimizing & avoiding strategies Social, Political, legal & technology Marketing strategy Life cycle considerations Product formulated Marketing a product Mass segmentation Mass segmentation 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 events Correct Answer Emergency alert contriol Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Match The Following Question Correct Answer Your Answer Market follower are imitator imitator Market challenger are bypass attack diversification

- 9 - STRATEGIC MANAGEMENT 2ND SEM -9-

Turnaround strategy V.R.S. bypass attack Maintain strategy stable environment stable environment Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital True/False Question Scheduling is a part of strategic management. Correct Answer False Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True True/False Question Macro environment has got immediate impact on business. Correct Answer False Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money True/False Question Micro environment is the internal environment of a company. Correct Answer False Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing

Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence 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 systems Select The Blank Question Control should involve________ amount of information.

- 10 - STRATEGIC MANAGEMENT 2ND SEM - 10 Correct Answer Minimum Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Multiple Choice Single Answer Question The tool used for decision making in ' The alternate futures ' scenario is Correct Answer Option Valuation model True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False True/False Question Excelling in one market guarantees success in a new. Correct Answer False Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Multiple Choice Multiple Answer Question Factors encouraging joint ventures are

Correct Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management

- 11 - STRATEGIC MANAGEMENT 2ND SEM - 11 -

Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question Harvest strategy is used for Correct Answer Dogs , Question marks Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False SM assgn : Hemant

Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc.

Your Answer newspapers, magazines, journals etc. Multiple Choice Single Answer Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Emergency Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer provide for an exit strategy , clarity in strategy & responsibilities , blending cultures True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Single Answer

Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates Correct Answer Shapers Your Answer Shapers Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Match The Following Question 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. Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time

Correct Answer True Your Answer True Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital Multiple Choice Single Answer Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy Correct Answer Strategic surveillance Your Answer Premise control Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc.

Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Structure Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Risk , Equity True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Match The Following Question 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 Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer horizontal integration Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False True/False

Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum SM assgn : Hemant Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer strategy Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Multiple Choice Single Answer Question The tool used for decision making in ' The alternate futures ' scenario is Correct Answer Option Valuation model Your Answer Option Valuation model True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Myths , Rituals , Style Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Technology forecasting Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer leadership Your Answer leadership Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains Multiple Choice Single Answer Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is Correct Answer significance Your Answer risk True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Multiple Choice Single Answer Question Strategic management is mainly the responsibility of

Correct Answer Top Management Your Answer Top Management True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Board of directors True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer PRM Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Structure Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing Multiple Choice Multiple Answer

Question market research is conducted by Correct Answer by research agencies , by consultants , by employees Your Answer by employees , by research agencies , by consultants Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Modern Accounting Match The Following Question Correct Answer Your Answer Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring proper tactical changes Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions Top level Executives Taking decisions regarding efficient and effective allocation of resources Taking decisions regarding efficient and effective allocation of resources Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer common enemy Match The Following Question Correct Answer Your Answer Role of Chief Executive Officer Responsible right from formulation / implementation to review of strategic management Link between company & external environment Role of SUB-level Executive More focussed on product line & responsible for the co-ordination between SUBs & Senior managements Important link between strategizing & implementation Role of consultants Hired for specialized for new business or expertise Hired for specialized for new business or expertise Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units

Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalization Your Answer Forecasting , Control mechanism Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question Maintain strategies means Correct Answer no change in strategies Your Answer move slowly & surely Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False SM assgn : Mayur Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True

Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Matching, converting, minimizing & avoiding strategies Marketing strategy Life cycle considerations Life cycle considerations Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward )

Your Answer vertical ( forward ) Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer False Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Technology forecasting Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system

Your Answer Operational level system , Knowledge level system , Management level system Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Match The Following Question 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 Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate True/False Question Three C's affecting today's companies are customer, competition & change

Correct Answer True Your Answer True True/False Question All policies are 'statements' Correct Answer False Your Answer False True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer leadership Your Answer leadership True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Binary Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy SM assgn : Saikat Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer potentials and competencies of organization. Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean

between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Match The Following Question Correct Answer Your Answer Fit SWOT analysis Vision what a company wishes to become or aspires to be. what the company is and why it exists. mission what the company is and why it exists. first intensive target BHAG big headed audacious goals Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Multiple Answer

Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment 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 occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Match The Following Question Correct Answer Your Answer strategic alliances means two or more entities join hands

for mutual benefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own supplier Multiple Choice Single Answer Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy Correct Answer Operational evaluation Your Answer Operational evaluation Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence 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 systems Your Answer Operational level systems Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together.

Correct Answer Business Your Answer Modular True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in

the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director v SM assgn

Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer

Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis value chain analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation , Dynamic modes and mapping True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer integration strategy Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Employess , Resources Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning )

Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer departmentation Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-Appraisal True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles True/False Question Three C's affecting today's companies are customer, competition & change

Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing

Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Life cycle considerations Marketing strategy Life cycle considerations Matching, converting, minimizing & avoiding strategies True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Select The Blank Question Companies employ trained ________ to develop "competency models" to identify

potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Systems approach Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Infrastructure A hardware manufacture enters into software is an example of integration. SM assgn : GS Kumars Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization

True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis value chain analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation , Dynamic modes and mapping True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour ,

Departmentalisation Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer integration strategy Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Employess , Resources Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer departmentation Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank

Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-Appraisal True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation

Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Life cycle considerations Marketing strategy Life cycle considerations Matching, converting, minimizing & avoiding strategies True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control

True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Systems approach Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Infrastructure SM assgn : Divya Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Reasons , Planned performance , Variances Your Answer Reasons , Planned performance , Variances Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Latent demand research True/False Question All policies are 'statements' Correct Answer False Your Answer True Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains

Your Answer Supply chains Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Culture True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True True/False

Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Top level Executives Taking decisions regarding efficient and effective allocation of resources Taking decisions regarding efficient and effective allocation of resources Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer Easy availability of resources Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer vision Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True

Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'Microsoft Correct Answer vision Your Answer vision Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal 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 occur Your 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 Answer Question Strategic management is concerned with

Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Match The Following Question Correct Answer Your Answer 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion 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 Factor leading to Information Management Capability The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Chief executive True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals

Your Answer Rites , Myths , Rituals SM assgn : Manish Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Status Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychiatrists Multiple Choice Multiple Answer

Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of nonproducing Correct Answer Traditional Your Answer Traditional True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment.

Your Answer unfavorable conditions in external environment. Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Risk , Equity , Return Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False

True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-operation True/False Question 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 False Your Answer False Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance

Some fit and some misfit Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors Heartland business Give the highest priority Give the highest priority Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Question marks , Stars , Cash cowsCash cowsc Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-Appraisal Match The Following Question Correct Answer Your Answer Executive summary Synopsis of marketing plan Marketing goals Line Managers Responsibility Ensuring Implementation of marketing actions customized marketing Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions Top level Executives Taking decisions regarding efficient and effective allocation of resources Taking decisions regarding efficient and effective allocation of resources Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer True Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

SM assgn Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market

Your Answer Increased market power , Increased diversification , Increased speed to market Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Style True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in internal environment. Multiple Choice Single Answer

Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by research agencies , by consultants , by employees Your Answer by employees , by research agencies , by consultants True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Life cycle considerations Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Availability of resources Marketing strategy Life cycle considerations Mass segmentation Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance

Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Multiple Choice Single Answer Question Maintain strategies means Correct Answer no change in strategies Your Answer maintain environmental changes Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system 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 systems Your Answer Operational level systems Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff

Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Question marks , Cash cowsCash cowsc True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question The tool used for decision making in ' The alternate futures ' scenario is Correct Answer Option Valuation model Your Answer Option Valuation model Multiple Choice Single Answer Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Crisis True/False Question Scheduling is a part of strategic management. Correct Answer False

Your Answer True Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis True/False Question 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 False Your Answer True Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Myths , Rituals , Style Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets SM assgn : Abhis Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Money , Consistency with goals , Consistency with environment Your Answer Money , Consistency with goals , Consistency with environment Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and

relationships Correct Answer Structure Your Answer Strategy Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic Multiple Choice Single Answer Question Degree to which the decision maker is accountable for the outcomes of the decision is Correct Answer accountability Your Answer relativity Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning True/False Question All policies are 'statements' Correct Answer False Your Answer False True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'Microsoft Correct Answer vision Your Answer vision 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 Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Select The Blank

Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer internal transformation True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for

Correct Answer competitive advantage profile Your Answer competitive advantage profile True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Match The Following Question Correct Answer Your Answer Rely on short term assessment Barrier in evaluation Barrier in evaluation 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 True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Multiple Choice Multiple Answer

Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer opinions, suggestions, complaints etc. SM assgn : Gayatri Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Instantly spots malfunctions and show where they occur , Identifies quality and

productivity from a production process , Identifies impact of any change on performance Your Answer Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process , Identifies impact of any change on performance Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Match The Following Question 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 Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Binary Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False

True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer internal transformation Your Answer specialization Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False 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 systems Your Answer Operational level systems Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rituals Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True True/False

Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders SM assgn : Manish True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer controlling True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True True/False Question Scheduling is a part of strategic management.

Correct Answer False Your Answer True Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer qualitative Match The Following Question Correct Answer Your Answer strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own supplier Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer True Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer vision Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'Microsoft Correct Answer vision Your Answer mission Multiple Choice Single Answer

Question 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 planning Your Answer Man-power planning Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer expansion strategy Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer encirclement attack , frontal attack , flank attack Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Integrity Match The Following Question Correct Answer Your Answer Board of Directors Link between company & external environment Link between company & external environment Profit centers S.B.U. s Profit making organizations S.B.U.s are more focused on their Product line/business Product line/business Manufacturing strategy Productivity Productivity Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True

True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-ordination Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Latent demand research True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure

Your Answer Structure True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision , communication skills SM assgn True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer integration strategy Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Multiple Choice Multiple Answer Question supplier & technological environment is concerned with

Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Multiple Choice Single Answer Question Maintain strategies means Correct Answer no change in strategies Your Answer no change in strategies Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Single Answer Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is Correct Answer significance Your Answer significance Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer goodwill Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer market reaction , taxes , availability of buyers Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Labour Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Multiple Choice Single Answer Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy Correct Answer Strategic surveillance Your Answer Strategic surveillance Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure Your Answer Structure True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters Select The Blank Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense.

Correct Answer counteroffensive Your Answer counteroffensive True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Inspiration Match The Following Question Correct Answer Your Answer Decision making Managers to develop the courage to make unconventional decisions Crusial problem that affect success 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 develop the courage to make unconventional decisions Responsiveness Managers to provide speedy responses to environmental changes Managers to provide speedy responses to environmental changes Match The Following Question Correct Answer Your Answer Environmental Analysis Social, Political, legal & technology Formal & Systematic Synergy Vertical Integration Vertical Integration Mechanistic approach to knowledge management Better accessibility to information Better accessibility to information Explicit knowledge Formal & Systematic Social, Political, legal & technology Select The Blank

Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer target Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals True/False Question All policies are 'statements' Correct Answer False Your Answer False Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Chartered accountant , Auditor , Financial controller Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True SM assgn : Senthil Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer weakness of competitors Select The Blank

Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer mission Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer internal transformation Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rituals , Rites , Myths Your Answer Rites , Myths , Rituals Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Select The Blank Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. Correct Answer counteroffensive Your Answer counteroffensive True/False

Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer Corporate appraisal programme True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer True True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own supplier True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False

True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters Multiple Choice Single Answer Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is Correct Answer CRM Your Answer CRM True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer Market follower are Imitator Imitator Horizontal integration means Additional product/service for same customers Additional product/service for same customers

Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Multiple True/False Question 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 False Your Answer False Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-ordination Multiple Choice Multiple Answer Question Measures to take corrective action

Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process SM assgn : Urvi True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer True Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Statistical quality control Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer integration strategy True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer True True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis

Your Answer internal analysis Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Cost Accounting Multiple Choice Single Answer Question Expansion strategy means

Correct Answer growth Your Answer career development Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer specialization Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question Strategic intent Correct 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. True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic Match The Following Question Correct Answer Your Answer Horizontal integration means Additional product/service for same customers Additional product/service for same customers Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory Market follower are Imitator Imitator Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals True/False Question Three C's affecting today's companies are customer, competition & change

Correct Answer True Your Answer True True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Opportunities Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Operational planning Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Ethical streategies Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer licensing/franchising True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Binary Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Centralization Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Multiple Choice Multiple Answer

Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Match The Following Question Correct Answer Your Answer 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion 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 Factor leading to Information Management Capability The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments a) departmentation b) top management c) policy framing d) mobilization Labour satisfaction may result in unethical behaviour as anger. True False It refers to the relatively more durable company arrangements and relationships a) Structure b) Staffing c) Strategy d) Style Factors encouraging joint ventures are a) uneconomical separate existence b) risk of business gets shared c) sharing competence of each other d) monopoly of one company Financial environment is concerned with a) demand & supply of money, capital markets b) Finance department c) Account section d) Production department 29. These people are charged with the responsibility of continuous screening of performance? a) b) c) d) Audit committee Chief executive External auditor

Financial controller 33. These are moves that will pay off irrespective of what happens in the future a) b) c) d) Options Big bets No-regret moves Reserve the right to play 39. models can be described as a system that describe how pieces of business fit together. (circular,modular,narrative or business) SM assgn : Urvi Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer aggressive True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer social activity True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Integrity Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system Select The Blank Question Brush your teeth twice a day is an example of expanding the total market

by________. Correct Answer more usage Your Answer more usage Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Goals True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'Microsoft Correct Answer vision Your Answer vision Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True 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 occur Your 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 Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization

Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Single Answer Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Control True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Competence , Time Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely Multiple Choice Multiple Answer Question Organizational models are Correct Answer international model , global organizational model , multinational model Your Answer multinational model , international model , global organizational model Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer False Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Match The Following Question 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 Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False

Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Flotilla concept Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Matching, converting, minimizing & avoiding strategies Marketing strategy Life cycle considerations Life cycle considerations Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , willingness of employees Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected events Emergency alert contriol Premise control Implementation control Strategic surveillance SM assgn : Urvi Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time

Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength , Profit margin Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer vision True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Individual appraisal Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer internal transformation Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures True/False Question Macro environment has got immediate impact on business.

Correct Answer False Your Answer False Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer True Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Formulate plans , Reformulate strategies Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Leadership Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer logistics , raw material , trends and rate of change of technology , quality & no. of suppliers Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates

Correct Answer Shapers Your Answer Adapters Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile True/False Question 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 False Your Answer False Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer risk analysis Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time

as a unit of measure Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer Finance department Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer customer & dealers Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Match The Following Question Correct Answer Your Answer Crisis Management leads to organisational learning First step of signal detection 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 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 systems Your Answer Operational level systems Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Motivation True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management

Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision SM assgn :03: Baizu True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased diversification , Increased speed to market , Increased market power Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Goals Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints

True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids premature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer

programmed decisions Your Answer programmed decisions True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'Microsoft Correct Answer vision Your Answer vision Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Only factor determing it's success or failure , may result in disaster if inappropriate True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Select The Blank

Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , what the organization strives for. , concept of optimization Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Business strength , Profit margin , Competition level

Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer goodwill Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer PRM True/False Question All policies are 'statements' Correct Answer False Your Answer True Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer True Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning Match The Following Question 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 Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model

Your Answer multinational model , international model , global organizational model Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Strategic surveillance Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False 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 systems Your Answer Operational level systems Multiple Choice Single Answer Question General Electric Matrix is divided into how many cells Correct Answer 9 Your Answer 9 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model

Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Chartered accountant , Auditor , Financial controller Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer External auditor Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Integrity & thoughtfulness , Lack of emotions Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer vision Match The Following Question Correct Answer Your Answer strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own supplier Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer import-export , govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Traditional

Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer False Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-ordination Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer ITC Ltd. Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Factors encouraging joint ventures are Correct 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/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , Savings are in terms of time saved True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control

True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer True True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Procedure of appraisal , Individual appraisal True/False Question Micro environment is the internal environment of a company. Correct Answer True Your Answer False True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( forward ) Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Role Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Board of directors Select The Blank Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense.

Correct Answer counteroffensive Your Answer counteroffensive Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates Correct Answer Shapers Your Answer Shapers Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Milestone review Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Multiple Choice Single Answer Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is Correct Answer significance Your Answer Significance

SM assgn :04: Carissa True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system Multiple Choice Single Answer Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy Correct Answer Operational evaluation Your Answer Strategic evaluation Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient True/False

Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Expertise , Intelligence Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in internal environment. Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer licensing/franchising True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Select The Blank Question Strategic evaluation determines the effectiveness of ________

Correct Answer Strategy Your Answer Strategy Match The Following Question 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 progress Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings

Correct Answer Labour Your Answer Labour Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Single Answer Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Crisis Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks 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 Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer internal transformation Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False

Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision

LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system Multiple Choice Single Answer Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy Correct Answer Operational evaluation Your Answer Strategic evaluation Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient True/False Question The environment of any organization is "the aggregate of all

conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Expertise , Intelligence Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in internal environment. Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer licensing/franchising True/False Question The environment of any organization is "the aggregate of all

conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy Match The Following Question 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 progress Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer

Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Single Answer Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Crisis Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks 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 Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer internal transformation Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision 1 SM assgn:Harikrishnan J Multiple Choice Single Answer

Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Match The Following Question 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 Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time

2 Correct Answer True Your Answer True Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation Your Answer Strategic evaluation Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Expertise , Information , Intelligence Your Answer Information , Expertise , Intelligence Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity

Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision

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Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True

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Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics 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 Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Chief executive Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer potentials and competencies of organization. Select The Blank Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. Correct Answer counteroffensive Your Answer counteroffensive Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.

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Correct Answer role model Your Answer role model Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Division of labour , Departmentalisation Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer leadership

Your Answer leadership Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness

6 Your Answer Emotional quotient Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals

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True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets True/False

Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False Topics Page No Evolution of Stratigic Management 1 Importance of Strategic Management 2 Alfred Chandler 8 William Glueck 8 Strategic Business Unit 10 Levels of Strategy 11 Issues in Strategic Decision Making 12 Stragists and their role in Strategic Management 13 Glueck 17 Hofer 17 Ansoff 17 Sharplin 17 Harrison & St. John 17 StrategicPlanning Process 18 Company Mission & vision 20 Core Values 21 Core Purpose 21 Benefits of a Vision 23 Characteristics of a Mission Statement 23 Key Elements in Developing a Mission Statement 23 Characteristics/Features of a Mission Statement 24 Function of a Mission Statement 25 Need for a Written Mission Statement 25 Contents of Mission Statement 25 C.K. Prahlad & Gray Hamel 26 Strategic Indent 26 Stretch, Leverage and FIT 28 Goals & Objectives 29 Role of Objectives 29 Characteristics of Objective 29 Factors to be considered Objective- setting 30 Critical Success Factors 30 Concept of Environment 35 External & Internal Environment 37 Environment Scanning 38 Sources of Information for Enviornment Scanning 38 Methods and techniques used for environmental scanning 39 Organizational Appraisal 42 Factors 44 Method & Techniques 45 Structuring Environmental Appraisal 45 Grand Strategies 49 Bdimensions of Business Definition 49 Stability Strategy 50 Different type of Diversification strategies 51 Expansion through cooperation 52 Mergers 52 Strategic Alliances 58 Type of Internal Strategies 59

Stopford & Well's International Structure Model 59 Three Differenet Organization Models 61 Entry Modes 61 Retrenchment Strategies 61 Turnaround Strategies 62 Divestment Strategies 63 Costs of the corporation 63 Cost of the Unit 64 Depressesd Exit Price 64 Making it Happen 64 Identifying candidates for divestiture 64 Structure the deal and communicate the decision 65 creation and destruction 65 combination Strategies 65 Dimensions of Grand Strategies 65 Business Level Strategies 66 Cost Leadership 66 Differentiation 66 Focus 67 Other Business Strategies 67 Defending Market Share 68 Strategies for a Market Follower 68 Strategies of Market Challenger 68 Strategies of Niche Marketer 69 Strategic Decision Making Under Uncertainty 73 Strategic Posture That can be taken 74 Strategic Portfolio of Actions 75 MCKINSEY 7 S Model 75 Mckinsey 7-S Framework 76 Super ordinate goals 76 Structure 77 System 77 Style 77 78 Skills 78 Crating New Market Space 78 Looking Across Substitutes 80 Looking across strategic groups within industries 80 Looking across chain of Buyers 80 Looking across complementary product and service offering 80 Looking across functional or emotional appeal to Buyers 81 Looking across time 81 Regenerating large companies 81 Emerging theory of manufacturing 82 Statistical quality control (SQC) 82 Modern Manufacturing Accounting Methods 82 Flotila 83 System Approach 83 Comparative study of thefour concepts 83 Boston consulting group appoach 84 Product Portfolio 86 Star of the portfolio 87 Anatomy of the cash cow 88 portfolio concept 90 portfolio Analysis 93 Factors that affect market attractiveness 95 Factors that affect competitive strength 95 Directional Policy Matrix 98 Strategic implications of Ge Matrix 99

Domain 100 Comparison of the Boston and Directional Policy Matrix Techniques101 corporate parentng Analysis 102 Michael porter's Model for Industry Analysis 103 Five Competitive Forces 104 Threat of Entry 104 Cost disadvantage of Independent of Scale 105 Intensity of Rivalry among existing competitors 105 Threat of Substitutes 106 PIMS Model 107 Game Theory 111 Delphi Method 112 strategy implementation 119 characteristics of decisions 120 role of rationality in decision manking 121 types of decisions 122 steps in problem solving 124 indicators of problem 124 resource allocation 125 organization structure 126 organizing process 126 three factors of organization structures 126 organization levels and span of management 127 narrow span 127 wide span 127 levels of management or organization 127 board of directors 128 executive committee 128 top management 128 middle management 129 lower management 129 departmentation 129 departmentation by product 130 departmentation by process 131 departmentation by customer 131 departmentation by geography 132 mixed departmenetaion 132 enterpreneural structure 133 line and staff organization 133 matrix organization 134 strategic business units 135 business models matter 136 evolution and revolution as organization grows 138 Larry Grenier 138 creativity / direction / delegation 139 implications of history 140 organization systems 141 information system 141 Data vs information 141 knowledge level system 142 management level system 142 control system 142 appraisal system 143 motivation system 143 leadership 144 emotional intelligence 145 EQ 144 empathy 146 factors affecting strategic decision making 146

administrative contraints 147 financial constraints 147 The CEO's agenda and management approach 147 Social responsibilities of a business 148 Johnson and Johnson 148 Corporate social responsibility 148 contrasting perspectives 149 Kuntz and O Donnell 151 Peter Dructcher 151 Abraham Maslow 151 Doctrine of Social responsibility 151 Rationale of Social responsibility 151 ethics 157 moral management 159 ammoral management 159 factors 160 mechanisms for ethical management 160 functional strategies 161 budgeting 162 manpower planning 164 HRP 165 HR demand 165 HR supply 165 Production management policies and plans 166 Capacity and utilization 166 POM 167 capital expenditure planning 168 capital structure planning 168 cash flow planning 169 working capital planning 170 dividend planning 171 taxation planning 171 marketing plan (MP) 171 R & D Planning 174 offensive or defensive strategies 174 the knowledge creating company 175 spiral of knowledge 175 from Metaphor to model 176 managing the knowledge creating company 176 redundancy 176 supply chain management 177 customer relationship management (CRM) 181 mass customization 182 spontaneous supply chain 184 customize products 185 Knowledge management system 185 knowledge 186 outsourcing 191 mergers , acquisions , takeovers and restructuring 192 synergy 194 bias 195 sizing the prize 196 strategic evaluation 201 barriers in evaluation 202 strategic survillance 203 emergency alert control 204 operation control 204 measures of performance 204 analyzing variances 205

corrective action 206 Sumantra Ghoshal 206 setting direction by deploying key people 207 internalized behaviours 208 managing information flows through personal relationships 208 employment contract 209 manifestations of the emerging information age 209 age of empowerment 210 interactive control system 211 evaluate corporate strategy 211 transformational efforts 215 transformation process 216 circle 153 Hallmarks 145 big bets 75 adapters 75 Integration 53 Titan 54 Program 31 Policies 31 Procedure 31 premise control 203 strategic surveillance 203 risk 215 competencies 42 ETOP model 137

Score Card Registration Number: 200525262 Name: Rambabu Sirisetty Subject: Strategic Management Assignment Status AsOn: 09/04/2006 Result for this Assignment Assignment Date 09/04/2006 Number of Correct Questions 43 Number of Skipped Questions 6 Number of Wrong Questions 4 Total Questions attempted 53 Total Marks obtained 94 Out of 100. Result Pass Click here to view the list of attempted question and answers.

LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength 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 systems Your Answer Operational level systems Multiple Choice Multiple Answer Question The preparation of ETOP involves

Correct 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.

DocuCom PDF Trial www.pdfwizard .com Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process

Your Answer Business process Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines Select The Blank Question A hardware manufacture enters into software is an example of ________ integration. Correct Answer horizontal Your Answer vertical ( forward) Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy

DocuCom PDF Trial www.pdfwizard .com Your Answer concentration strategy Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis True/False Question 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 False

Your Answer False Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Multiple Choice Single Answer

DocuCom PDF Trial www.pdfwizard .com Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves

Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Structure Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Matching, converting, minimizing & avoiding strategies Marketing strategy Life cycle considerations Life cycle considerations Multiple Choice Single Answer

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www.pdfwizard .com Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose

DocuCom PDF Trial www.pdfwizard .com Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Technology forecasting True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer internal transformation True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True True/False

Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True

DocuCom PDF Trial www.pdfwizard .com Your Answer True Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation , Specialisation Your Answer Control mechanism , Departmentalisation Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour True/False

Question Getting new users is a position defense strategy. Correct Answer False Your Answer False True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Multiple Choice Multiple Answer Question supplier & technological environment is concerned with

DocuCom PDF Trial www.pdfwizard .com Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True

Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer False 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

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Q.1 Explain the evolution, role and importance of business policy and strategic management. What would be the role of manager in this age? Answer: Introduction: The term strategic management has been traditionally used. New title such as business policy, corporate strategy and policy, corporate policies is essentially and extensively used which means more less the same concept. Evolution of Strategic Management: 1) In early 1920’s and 1930’s the managers used day-to-day planning methods to perform any task. 2) To anticipate the future, they tried using tools like preparation of budgets and control systems like capital budgeting and management by objectives. 3) The techniques were unable to emphasize the future adequately. 4) The next step was they tried using long range planning which was replaced by strategic planning and later by strategic management. 5) In mid 1930’s, according to the nature of business the planning was done during Adhoc policy making. 6) As many businesses had just started operations and were mostly in a single product line, there arose a need for policy making. 7) As companies grew they expanded their products and they catered to more customer and which in turn increased their geographical coverage. 8) The expansion brought in complexity and lot of changes in the external environment. Hence there was a need to integrate functional areas. 9) This integration was brought about by framing policies to guide managerial action. 10) Policies helped to have pre-defined set of actions, which helped people to make decision. 11) Policymaking was the owner’s prime responsibility. 12) Due to increase in the environment changes, in 1930’s and 40’s policy formulation replaced ad-hoc policy making, which led to emphasis shifted to the integration of functional areas in this rapidly changing environment. 13) Especially after II World War there was more complexity and significant changes in the environment. 14) Competition increased with many companies entering into the market. 15) Policy making and functional area integration was not sufficient for the complex needs of a business. ROLE OF STRATEGIC MANAGEMENT: 1) Due to increase in the competition, in 1960’s there was a demand for critical look at the bane corrupt of business. 2) The environment played an important role in the business. 3) The relationship of business with the environment lead to the concept of strategy. 4) In early sixties, this helped the management to manage between the business and the environment. 5) In early eighties, as many companies were globalised which lead to the competition of the rivals access the world.

Strategic Management—Page 2 6) Japanese companies along with other Asian companies unleashed a force across the world and posed a threat for the US and European companies, which led to the current thinking. 7) Strategic management focused on 2 aspects: Strategic process of business. Responsibilities of strategic management. 8) Unlike others, in this phase the role of senior management is vital and of Utmost importance. Their role was important in decision-making like a)Whether a company promotes a joint venture/new decision. b) Decides to go for an expansion.

c)Takes other important actions. 9) All these actions and decision had a long-term impact on the company and its future operations, which was the result of senior management decision-making. 10) Strategic management is both about the present and future course of action, which was the prime responsibility senior management. Strategic Management is I. The study of function and responsibilities of senior management II. A crucial problem that affects success in total enterprise. III. The decision that determine the direction of the organization and shape of its future IV. Identity and molding of its character V. Mobilization and their allocation of the resources. Hence as managers had variety of choices, decisions were based on the circumstances, which would take the company in specified directions. IMPORTANCE AND ROLE OF MANAGERS IN STRATEGIC MANAGEMENT: I. Strategic management integrates the knowledge and experience gained in various functional areas. II. It helps to understand and make sense of complex interaction in various areas of management. III. It helps in understanding how policies are formulated and in creating appreciation of complexities of environment that the senior management faces in policy formulation. IV. Managers need to begin by gaining an understanding of the business environment and to in control. Here are few steps Indian managers need to do. a) They should know to manage and understand information technology, which is changing the face of business. b) As public and common investors own and more companies managers need to acquire skills to maximize shareholder value. c) To have/take a strategic perspective, managers should foresee the future and track changes in customer expectation. Intuitive, logic reasoning is required for proper decisionmaking.

Strategic Management—Page 3 d) Successful companies depend on people. For people, management managers should create capability for imitating and manage things through leadership and should possess qualities like patience, commitment and perseverance. e) Managers need to provide speed responses to environmental changes through informational systems and organizational process. f) As corporate are becoming more integrated with the public life, corporate governance is becoming important which manager may have to practice. g) Managers should learn to deal with confused and complex situations. They should know to deal with global managers, business protocols and market conditions. h) In complex and certain situations, managers should have the courage in decisionmaking to make unconventional decisions. i) Managers should possess high ethical standards in business and focus on social responsibility. Conclusion Thus we can say the purpose of strategic management is manifold. To be successful in the business one should possess/have holistic approach and should know to integrate the knowledge gained in various functional area of management. By having generalist approach, a senior manager can understand the complex inter linkages operating within the organization and should have systematic approach in decision-making in relation with the changes which takes place in the environment.

Strategic Management—Page 4 Q.2. What is strategy? At what levels is it formulated? Answer:

INTRODUCTION: To understand the process of strategic management the concept should be understood and controlled. The term strategy is derived from the Greek word “STRATEGOS” Generalship. The actual direction of military force, as distinct from governing its deployment. The word strategy means “ THE ART OF GENERAL ”. Based on the studies and views by various experts and management gurus Strategy in business has taken various connotations. Definition: William Glueck, a Management Professor defined it as “A unified, comprehensive and integrated plan designed to assure that the basic objectives of the enterprise are achieved”. Alfred Chandler defined Strategy as:“The determination of the basic long term goals and objectives of an enterprise and the adoption of the courses of action and the allocation of resources necessary for carrying out these goals”. Thus strategy is: a. A plan / course of action leading to a direction. b. It is related to company’s activities. c. It deals with uncertain future. d. It depends on vision / mission of the company to reach its current position. STRATEGY: 1. Before making a decision managers have to look into the course of deciding since Strategy involves situations like: a) How to face the competition. b) Whether to undertake expansions/diversification c) To be focused/ broad based d) How to chart a turn around e) Ensuring stability/should we go in for disinvestments etc 2. An establishment and successful company would start to face new threats in the environment. This is due to its success and emergence of new competitors. It has to rethink the course of action it has been following. This is called strategy. 3. With such rethinking and environment analysis, new opportunities may emerge and be identified. 4. To make use of these opportunities, the company might fundamentally rethink and reason the ways and means, the actions it had been following in the past. These are called “ strategies “.

Strategic Management—Page 5 5. For a company to survive and to be successful strategy is one of the most significant concepts to emerge in the field of management. According to Alfred chandler the determination of basic long-term goals and objectives of an enterprise and the adoption of the course of action and the allocation of resources for carrying out these goals. William Glueck defines strategy as “a unified, comprehension and integrated plan designed to assure that the basic objectives of the enterprises are achieved”. 6. Michael Porter views strategy as the “ core of general management is strategy”. Managers must make companies flexible, respond rapidly, benchmark the best practices, outsource aggressively, develop core competencies; infact should know how to play new roles everyday. Hyper competition is a common phenomenon that rivals copy very fast. 7. Companies can outperform rivals only if it can establish a difference it can preserve and deliver greater value at a reasonable cost. 8. Strategy rests on unique activities –“ The essence of strategy is in the activities – choosing to perform things differently and to perform different activities than rivals”. 9. Strategy is long term. If company focus is only on operational effectiveness. It can become good and not better. Overemphasis on growth leads to the dilutions of strategy. Growth is achieved by deepening strategy. 10. Strategy is the future plan of action, which relates to the companies activities and its mission/vision i.e. when it would like to reach from its current position.

11. It is concerned with the resource available today and those that will be required for the future plan of action. It is about the trade off between its different activities and creating a fit among these activities. LEVELS OF STRATEGY: 1. When a company performs different business/ has portfolio of products, the company will organize itself in the form of strategic business units (SBU’s). 2. In order to segregate different units each performing a common set of activities, many companies are organized on the basis of operating divisions/decisions. These are known as strategic business units.

Strategic Management—Page 6 CORPORATE LEVEL FUNCTIONAL LEVEL STRTEGIES [CORPORATE] SBU1 SBU2 SBU3 (SBU LEVEL) FUNCTIONAL LEVEL STRATEGIES 3) Strategies are looked at Corporate level SBU level 4) There exists a difference at functional levels like marketing, finance, productions etc. Functional level strategies exist at both corporate and SBU level. It has to be aligned and integrated. 5) CORPORATE LEVEL STRATEGY: It’s a broad level strategy and all its plan of actions is at corporate level i.e. what the company as a whole. It covers the various strategies performed by different SBU’s. Strategies needs should be in align with the company objective. 6) Resources should be allocated to each SBU and broad level functional strategies. To ensure things there would need to have co-ordination of different business of the SBU’s. 7) For most companies strategies plans are made at 3 levels. a) FUNCTIONAL STRATEGY b) SOCIETAL STRATEGY c) OPERATIONAL STRATEGY FUNCTIONAL STRATEGY: As the SBU level deals with a relatively. Smaller area that provides objectives for a specific function in that SBU environment are marketing, finance, production, operation etc.

Strategic Management—Page 7 SOCIETAL STRATEGY: Larger Companies like conglomerates with multiple business in different countries needs larger level strategy. 1) A relatively smaller company may require a strategy at a level higher than corporate level. 2) It’s how the company perceives itself in its role towards the society/ even countries in terms of vision/ mission statement/ a set of needs that strives to fulfill corporate level strategies are then derived from the societal strategy. OPERATIONAL LEVEL STRATEGY: In the dynamic environment & due to the complexities of business strategies are needed to be set at lower levels i.e. one step down the functional level, operational level strategies. There are more specific & has a defined scope. E.g. Marketing Strategy could be subdivided into sales Strategies for different segments & markets, pricing, distribution etc. Some of them may be common & some unique to the target markets. It should contribute to the functional objectives of marketing function. These are interlinked with other strategies at functional level like those of finance, production etc MISSION/VISION LEVEL CORPORATE LEVEL FUNCTIONAL LEVEL STRTEGIES [CORPORATE] SBU1 SBU2 SBU3 (SBU LEVEL) FUNCTIONAL LEVEL STRATEGIES

OPERATIONAL LEVEL

Strategic Management—Page 8 Corporate level is divided from the societal level strategy of a corporation S.B.U Level are put in to action under the corporate level strategy. Functional Strategies operate under SBU Level. Operational Level is derived from functional level strategies Conclusion: These are the levels at which strategies are formulated. Strategy is a plan or an action leading to a particular direction. We have corporate level Strategy and Strategic Business Unit level to fulfill the objectives of the company.

Q.3 What are the Issues in Strategic Decision Making? Explain the role of Various Strategies. Answer: Strategy means General ship. The actual direction of military force Strategy involves decision-making like how to face the competition, how to undertake expansion or diversification etc. Issues in Strategic Decision Making 1. While making a decision the company might have different people at different periods of time. 2. Decision requires judgments; a personal related factors are important in decision-making. Hence decision ma y differs as person change. 3. Decisions are not taken individually, but often there is a task in decisions which could be Individual Vs Group decision making. There will be a difference between the individual and group decision-making. 4. On what Criteria a company should make its decision, for evaluation of the efficiency & effectiveness of the decision making process, a company has to set its objectives which serves as main bench mark. 5. 3 Major Criteria in decision Making are a. The concept of Maximization. b. The concept of satisfying. c. The concept of incrementalism. Based on the concept chosen the strategic decisions will differ. 6. Generally decision-making process is logical and there will be rationality in decisionmaking. 7. When it comes to Strategic decision making point of view there would be proper evaluation & then exercising a choice from various available alternative resource, which leads to attain the objectives in a best possible way. 8. Creativity in decision-making is required when there is a complete situation & the Decision taken must be original & different. 9. There could be variability in decision-making based on the situation & Circumstances.

Strategic Management—Page 9 Various Roles of Strategic Management. Senior management plays n important role in Strategic Management. Role of Board Of Directors: Board of Directors is the supreme Authority in a company. They are the owners/ shareholders/ lenders. They are the ones who direct and responsible for the governance of the company. The Company act and other laws blind them and their actions & they sometimes do get involved in operational issues. Professionals on the B.O.D help to get new ideas, perspectives & provide guidance. They are the link between the company and the environment. Role of C.E.O: Chief Executive Officer is the most important Strategist and responsible for all aspects from formulations/Implementation to review of Strategic Management. He is the leader, motivator & Builder who forms a link between company and the board of directors and responsible for managing the external environment and its relationship. Role Of Entrepreneur: They are independent in thought and action and they set / start up a new business. A Company can promote the entrepreneurial spirit and this can be internal attitude of an organization. They provide a sense of direction and are active in implementation.

Role of Senior Management: They are answerable to B.O.Directors & The C.E.O as they would look after Strategic Management a responsible of certain areas / parts of terms. Role of SBU – Level Executives: They Co-ordinate with other SBU’s & with Senior Management. They are more focused on their product / burners line. They are more on the implementation role. Role of Corporate Planning Staff: It provides administrative support tools and techniques and is a Co-ordinate function. Role of Consultant: Often Consultants may be hired for a specified new business or Expertise even to get an unbiased opinion on the business & the Strategy. Role of Middle Level Managers: They form an important link in strategizing & Implementation. They are not actively involved in formulation of Strategies and they are developed to be the future management. Conclusion: These are the issues in strategic decision-making and the role in Strategic Management. Thus we have different issues in Decision making as to how it is made. Decision-making is not easy. Creativity is required. We have different important roles to be played by different Strategists in Strategic Management, which is essential for the welfare of the company.

Strategic Management—Page 10 Q.4)What is Strategic Management Process? Explain each step briefly. Answer: Here are few definitions of Strategic Management Process. 1) According to Glueck it’s a stream of decisions and actions that lead to the development of an effective strategy/ Strategies to help achieve Corporate Strategies. 2) According to Hofer it’s the process, which deals with fundamental Organizational, renewal & growth with the development of strategies, Structures and Systems necessary to achieve such renewal and growth and with the organizational systems needed to effectively manage the strategy formulation and implementation process. 3) Ansoff defines it as “ The Systematic approach & important responsibility of general management to position and relate the firm to its environment in a way that will assure its Continued Success and make it secure from surprises”. 4) Sharplin defines as the formulation & implementation of plans and Carrying out activities related to the matters, which are vital, and of continuing importance to the total organization. 5) According to Harrison & St John – Strategic Management is the process through which organization learn from their internal & external environment, establish strategic decision create strategies that are intended to help achieve establish goals & execute there strategies achieve Establish goals and execute there Strategies all in an effort to satisfy key organizational stake holders. From the above block diagram it states that Strategic Management is a process, which leads to the formulation of Strategy/ Set of Strategies & managing thru Organizational System for the achievement of Vision, Mission Goals and Objectives. COMPANY VISION &MISSION/ REQUIREMENTS OF MAJOR STOCK HOLDERS STRATEGIC INTENT EXTENAL & INTERNAL ANALYSIS / SWOT ENVIRONMENT ANALYSIS DEFINE STRENGTHS/WEAKNESS/ CORE COMPENTENCIES GENERATE STRATEGIC ALTENATIVES/ EVALUATE & SELECT IMPLEMENT/ FEEDBACK/CONTROL

Strategic Management—Page 11 Company Vision / Mission

1) Company Vision is What a CompanyWishes to become or aspire to be. 2) Company Mission is what the Company is and why it exists 3) James Parras & James Collins divides Vision/Mission into 2 Parts. Vision/ Core Ideology Core Values Core Purpose MissionEnvisioned Future Audacious Goals Vivid Description Core Ideology: Is the unchanging part of organization. It is the character of an organization, this would not change for a longer time even it were disadvantage. Core Values: what it believes in. Core Purpose: Existence of Organization and that goes far behind Envisioned Future: Are the goals to be reached. It is classified into: Audacious Goals: These are the goals that the company would like to achieve. They are tough needs extraordinary commitment and effort. Vivid Description: These Goals are put into words that evoke a picture of what it would be like to achieve the Audacious Goals. SWOT Analysis: External & Internal Analysis: 1. The External Environment is made up of all the Factors, Conditions & influences outside the organizations. 2. it gives rise to opportunities which can be exploited or it may give rise to threats which can weaken / cause problem to the organization. STRENGTHS/WEAKNESS/CORE COMPETENCIES Strengths: it’s always in relation to the environment. It’s an unborn capacity, which needs to fulfill two conditions. 1) Requirement for success. 2) It gives the Strategic Advantage. It has strengths more than the competitor; it could gain more than the Competitor. E.g. Superior research where new products & Innovations are required. Weakness: It’s something required for success is missing/inherent inadequacy. It gives strategic disadvantage to the Organization. E.g. Over dependence on a single product line in a mature market. Core Competencies: Is developed over a period of time, using these competencies exceeding well, it develops a fine art of Competition with its rules. This capacity of exerting turns them to core competencies. General Strategic Alternatives / Evaluate & Select. It means that there is a proper evaluation and exerting a choice from various alternative available resources in such a way it may lead to the achievement of company’s objective.

Strategic Management—Page 12 Q.5) Explain Core Competencies, Strategic Intent, Stretch Leverage & Fit. Answer: For an effective strategic intent one has to develop effective strategy, rather than focusing at the resourcefulness of Competition & their pace at which they are building competencies one has to focus on existing position. Core competencies are the collective learning of an Organization, especially how to coordinate diverse production skills and integrate technologies in the organization of work and delivery of value. It is communication, deep involvement and commitment to work across organization at all levels and functions. Core competence is for eg. A company is compared to a tree. Trunk and limbs are core products and leaves; fruits and flowers are end products. The things, which are not visible, are the roots, which are very important for the sustenance, nourishment and stability. So, here the roots act as core competence. Core competencies bind existing businesses and guide market. They can be identified by three tests. They are: 1. It provides across to wide variety of markets.

2. It contributes to the benefits of end products. 3. It is a complex harmonization of technologies and production skills. By not building competencies in emerging markets, the chance of competing in emerging markets may be lost. It is very important to maintain competencies in the markets. Core products serve as a link between core competence and the end products. Core competencies are the wellspring of new businesses. Strategic Intent is something more than the unfettered ambition. It’s not a soft target. According to Prahlad & Gray: 1) It foresees a desired leadership position and establishes the criteria the organization will chart it’s progress. 2) It Captures the essence of winning & is stable over time. 3) It requires personal effort, Commitment and bit of luck to achieve the target. 4) The Important thing that a company asks for is not “How Well Next Year be different”? But they ask, “ What must we do differently next year to get closer to our strategic intent?” a) Most companies look at change and innovations in isolation b) Innovations come from everywhere & top Management role is to add value to it. c) Strategic intent leaves room for creativity, innovation & top Management directs it. 5) There must be a balance between resources as a Constrain Vs Resource as leverage so as to reduce risk. Former is done through building a balanced portfolio of cash generating and cash consuming business and in the latter a well balanced and sufficiently broad portfolio/ collection of advantages is assured.

Strategic Management—Page 13 6) It implies a servable stretch for an organization. 7) Since the current capabilities & resources are not------- it will force inventiveness and the management will keep on involving challenges and they give time to digest one challenge before launching another. 8) One important parameter is reciprocal responsibility -Which means equal blame & credit for both operating levels & top management. 9) Companies with good strategic intent know the importance of documenting failure but instead of blame fixing and nailing people they are more interested in the management reasons and the orthodoxy, that may have led to future. Stretch: To Achieve strategic intent one has to stretch forward and has to look at the resourcefulness instead of looking at resources. One has to make use of Innovation and resources. Stretch leads to leverage. Leverage: Refers to concentrating on the resources to achieve strategic intent, accumulating, learning, experiences & Competencies in a manner to meet the aspirations by stretching the scarce resource that an organizational resource to the environment. Instead of allotting the competitors blindly & taking their head companies must leverage the resources. Fit: Strategic fit is the traditional way of looking at strategy. Strategic fit is conservative and seems to be more realistic but u may not be aware of the potential. Under stretch & leverage Strategic extent could be impossible, idealistic but under fit strategic something far beyond possibilities and look at the potential possibilities. Conclusion Thus Strategic intent is what the organization strives for e.g. Canon wanted to beat Xerox. It’s an obsession to an organization & it is to win at all levels of the organization, sustaining that obsession is in quest for global leadership.

Strategic Management—Page 14 Q.6 Write a detailed note on Goals and Objectives. Answer:Goals are set to achieve good results for the Organization they are undertaken in order to

fulfill the objectives of the company. Goals Meaning: Goals are the targets or destination that an Organization wants to accomplish in future. Goals set are of different types depending on their nature. The Characteristics of Goals are: Goals are clear and unambiguous, qualitative. General Goals, which are laid down by the organisation, should be clear. There should not be any confusion and doubt. Company can do its work effectively and efficiently depending on Goals. Moreover they are qualitative. Goals are broad:Targets set should not be narrow in nature. It has to cover the total objectives of the company. An organization could set goals on turnover, profits, return on assets / equity. It could also have market share, customer satisfaction, and employee satisfaction as its goals. Goals are limited and manageable:Goals have to be limited. If there are unlimited goals, the company may be in an ambiguous situation, whether to fulfill, which Goals. That is why there should not be numerous goals. Thus the company may fail to fulfill its objectives, as it could not be manageable easily. Thus Goals are of different types:Financial, Non-Financial, Qualitative and Quantitative. Goals: -Goal – Target a) It’s a target that a company wants to achieve in a future period of time. b) An organization sets a combination of goals, which might be Qualitatively, Quantitative, and Financial & Non Financial. These Goals must be clear and unambiguous. c) On an organizational level goals are broad in nature and they could set goals on turnover, profits, returns on assets/equity, market share, Customer satisfaction, Employee satisfaction. d) Goals should be limited, manageable, and clear& Consistent with each other, otherwise it may lead to confusion & Contradictions. e) Goals may be Qualitative, Quantitative in specification.

Strategic Management—Page 15 OBJECTIVES:TEXT & Meaning:Objectives are the ends that state specifically how the goals shall be achieved. They are concrete and specific in contrast to Goals. While Goals are qualitative, objectives are quantitative. So they are clearly measurable and comparable. Objectives are framed with the vision / mission of the organization. They are set in relationship with the environment. They define what the organization has to achieve for its employer, shareholders, customers. Characteristics of Objectives:1.Understandable:Objectives set are to be understood easily. There should not be any complexities in it. Every one i.e. the employees, customers, outsiders should find it easy in understanding them without any confusion in their minds. Clearly defined time frame and specific:Objectives should be specific, clearly defined. There should be some specific or certain time, interval in which the objectives have to be accomplished. 1.Measurable and Controllable:Objectives should not be abstract. They have to be measurable quantitatively and should be controllable. Objectives are challenging, actionable. Objectives: a) Objectives are the ends that specify how the goals shall be achieved. b) They are concrete and specific and they are in contrast with the goals. c) Objectives make the goals operational and tend to Quantitative in specifications.

d) Objectives are set in a way that what the organization has to achieve for its employees, shareholders, customers etc., e) Objectives are in relation with the environment. They are the brains of Strategic Decision Making. f) They are framed in line with the vision/mission of the organization and it helps to pursue them. g) Objectives are invariably Quantitative and provide clear measures and standards for performance. h) It helps to see whether the Organization is in right track or not. i) Objectives should be concrete, specific, and understandable & should have clearly defined time frame. j) It must be measurable, actionable, challenging but controllable.

Strategic Management—Page 16 k) There must be co-relation with other objectives. l) While setting objectives these are the factors to be evaluated. It should be specific at the level, which it is being set. It should not be either too narrow or too broad. m) There need to be multiplicity of objectives. n) It should be formulated at different time frames like short term, medium term, and long term & should be linked & consistent. o) Since its in relation with the environment it needs to check whether they are fulfilling the needs of customers, share holders etc., p) It should be In reality with the organizational resources and internal constraints, including policies & lower relationship. Conclusion: Thus an organization is set up to make Prompt and Accurate decision. Hence goals & objectives are set for the accomplishment of an organization.

Strategic Management—Page 17 Q.7.) What is Environment? How is it Changing? Explain the process of SWOT analysis? Elaborate what you would study in the environment? Answer Introduction : Environment means the surrounding. It includes both internal and external objects, factors & influences under which someone/something exist. Environment : 1) The Environment of an organization is the aggregate/total of all conditions events that influences itself & it’s Surroundings, 2) The dynamic & has relationships with each other. 3) The factors in environment may affect the company and visa versa. 4) It has a great impact on the company. Environment – Changes: According to Michael Hommer and James Chapey. 1) An Organisation must be flexible enough to adjust quickly with this changing environment. 2) The Efficiency of the company comes at the expenses of the efficiency of the company as a whole. 3) It requires co-operation & Co-ordination within the organization. 4) Few Companies are rigid, non-competitive, inefficient and losing money because they are not able to adjust themselves with the changing environment. 5) In 1776 Adam Smith described in his book, “The Wealth of Nations.” The Principle of division of labour for increasing the productivity and there by reducing the cost of goods. American Companies became best in the world after applying the principles. 6) But in today’s world, nothing is constant or predictable & these principles don’t work. 7) Market growth, customer demand, the rate of technological change, and nature of competition keeps changing.

8) The three forces that drives company are

Customers Competition & Change. Customers : Earlier days, Customers had little choice they used to buy the product that was offered to them. These days customers come with more specifications and they demand for customized products and they want individual attention. Hence customers have upper hands these days. It’s difficult for an organization to survive in the long run unless they satisfy customers needs. Competition : As many companies emerges, the competition rises. They offer good quality of products at lesser price and consumers prefer such products. Earlier the company could get into market with an acceptable product/service at the best price would go to sell. But these days customers prefer high quality at lowest price. The Company, which offers these at best price, goes high quality and best service becomes standard of all the competitors.

Strategic Management—Page 18 Changes : Changes has become both pervasive and persistent because companies face a greater competitors and each one introduces a product and service innovation to the market with the globalisation of the economy. Hence the companies need to move fast in pace with the changing environment otherwise it’s difficult to move. CONCLUSION: In today’s environment nothing is constant and predictable hence for a company to survive in the long run, it has to satisfy customer needs and cope with the changes in the environment at a faster rate. INTRODUCTION The external environment is made of factors, conditions that influences outside the organization. The external environment gives rise to opportunities, which can be accomplished, or it may cause problems to the organization. SWOT ANALYSIS: The internal environment refers to all factors within the control of and within the organization. These factors may impart strengths that can be utilized by the organization or cause weakness, which becomes threat to the organization. S – Strength O- Opportunity W – Weakness T – Threats Strength: –It is an inherent capacity that is in relation to the environment. For an organization to be a success it requires strength and it gives strategic advantage to gain more than the competition. E.g. Innovation and new products are required for superior research and development facilities. Weakness: - It is an inherent inadequacy that is again in relation to the environment. It gives strategic disadvantage and something that required for success is missing. It leads to competition where weakness can be used to gain more due to inherent limitation / constraint/inadequacy. E.g.1) In a mature market over dependence on a single product line. 2) Lack of capabilities for the development of new product, which is potentially risky for a company during the time of crisis. OPPORTUNITY: can be accomplished and can help to consolidate and strengthen the organization. It’s a favorable condition for an organization in its environment. E.g. Due to better GDP growth a company provides increase in demand for the products/services. It helps in strengthening its position. THREATS: when the opportunities are not utilized properly it can cause problem to the to the organization which causes threat. It is unfavorable condition for the organization. It causes risk/damage to an organization. E.g. Due to opening up of economy, the emergence of multinational companies, which are stronger and has good resources, offers stiff competition to the existing companies in an industry.

Strategic Management—Page 19 CONCLUSION An understanding of both internal and external environment in terms of opportunities,

threat, strength, weaknesses important for existence, growth and profitability of an organization. A systematic approach and understanding the environment is SWOT analysis all about. Environment to be studied 1) Events: Is some specific occurrence that takes place in different environmental sectors. E.g. Bilateral agreement between 2 countries in which the company is operating and facing competition from local companies. 2) Trends: is the way the environment is shaping up. They are he course of action along which events take place like global warming, nuclear families etc. 3) Issues: are the current concerns that arise in response to events and trends. E.g. Pollution Control, Business ethics after scams. 4) Expectations: are the demands made by interested groups in light of their concern. Like corporate governance, greater transparency, stricted auditing norms.

Strategic Management—Page 20 Q.10 Write a note on Integration and Diversification? Answer Integration and Diversification are learnt in the expansion Strategies. Expansion strategies aim at the growth of the company. Integration:All those activities performed by an organization from the procurement of Raw materials to marketing of finished products to the consumers is value chain. So Integration is combining activities on the basis of value chain related to present activity of a company. Integration helps in increasing the scope of Business some industries such as steel; Textiles deal with products with value chain extending from Raw materials to consumers. Reliance is the best example. A company adopts Integration Strategies only under certain conditions. The condition is “Make or Buy”. If the cost of making is less then the cost of procurement than the company moves up the value chain to make the items itself. If the cost of selling finished products is lesser than the price paid to the seller, then it is profitable for the company to move down on the value chain. In these cases, company adopts an Integration Strategy. There are two types of Integration. Vertical Integration:Again it is of two types, Backward and Forward Integration. Backward integration is becoming your own supplier and forward integration is becoming your own customer. Thus any activity undertaken either for supplying inputs or serving outputs is vertical integration. Eg. Titan, Automobile Company. Horizontal Integration:When a company starts serving the same customers with additional products that are different from the earlier in any of the terms of their customer needs functions, either singly or jointly, it is Horizontal integration. Eg. A Hardware manufacturer starts supplying software also. DIVERSIFICATION:Diversification is one among the expansion strategies. It is the drastic change in the business in terms of customer functions, customer groups or alternative technologies of one or more of a company’s business in separation or in combination. Diversification Strategy is important as : a. They minimize the risk, by spreading b. They strengthen the organization and minimize the weaknesses. There are different types of Diversification Strategies:Concentric Diversification:- When an Organization takes up an activity which is related to the existing business, it is Concentric Diversification. Conglomerate Diversification:- When an organization takes up activities which are unrelated to the existing business, it is conglomerate diversification. CONCLUSION Integration results in increasing the scope of the business definition of a company. Integration is also a part of Diversification Strategies as it is doing something different from what the company has been doing previously. Thus Integration and Diversification are aimed at improving and increasing the scope of the business.

Strategic Management—Page 21 Q.14 What do your understand by Strategic Evaluation and control? Answer Strategic Evaluation is to estimate the usefulness or powerfulness of strategy in achieving the organizational objectives. Control is required to keep track of any changes. Strategic Evaluation:It is the process of “determining the effectiveness of a Strategy in achieving Organisational objectives and taking corrective action whenever required”. Importance of Strategic Evaluation:a) Coordination:It helps to coordinate the tasks performed by Managers, Divisions of SBUs, through their performance. b) Act as Feed back, check, Appraisal and Reward:It helps to check the validity of Strategic choice. It provides feed back on the relevance of the Strategic choice made during the formulation phase. There are many participants involved in Strategic Evaluation. They are the Board of Directors, the Strategic Business Units (SBUs), Chief Executives, Audit and Executive committees, Corporate planning department. But we have many barriers in evaluation of Strategy: a. The limits of control:As we know, control is a check on any changes in evaluating strategy, control acts as check, which creates unnecessary problems. a) Difficulties in measurement b) Resistance to evaluation etc. CONTROL:- In control, we have four different types. They are a. Premise control b. Implementation control c. Strategic Surveillance control d. Emergency Alert Control a. Premise Control:Strategy is based on certain assumptions about environment and organizational factors. Premise control is necessary to identify these assumptions and keep track of any change in them. It helps the strategists to take correct action at correct time. b. Implementation Control:It is aimed at evaluating whether the plans programmes and projects are guiding the organisation towards its objectives or not. It can be put into practice through the identification and monitoring of Strategic thrusts.

Strategic Management—Page 22 c. Strategic Surveillance Control:It monitors events inside and outside the company, which threaten the firms strategy. Broad based, general monitoring on the basis of information sources to uncover events that affect the Strategy of an Organization. d. Emergency Alert Control:It helps in Signal detection. It is based on mechanism for immediate response and reassessment of Strategy under unexpected events. It can be exercised through the formulation of contingency Strategies and assigning the responsibility or handling unforeseen events. Organizations may some times under crises. This system of control helps crisis management by following steps such as Signal Detection, Preparation, Prevention, and recovery leading to organizational learning. CONCLUSION Thus Strategic Evaluation and control process are useful to test the effectiveness of

Strategy. LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment &

outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis value chain analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation , Dynamic modes and mapping True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer integration strategy Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Multiple Answer

Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Employess , Resources Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer departmentation Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-Appraisal True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong

motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions

Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Life cycle considerations Marketing strategy Life cycle considerations Matching, converting, minimizing & avoiding strategies True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance

Correct Answer Operational control Your Answer Operational control True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Systems approach Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Infrastructure A hardware manufacture enters into software is an example of integration.

LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank

Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis value chain analysis Michael Hammer & James Chapy

Reengineering Reengineering GDP stands for gross domestic product gross domestic product Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation , Dynamic modes and mapping True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer integration strategy Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Employess , Resources Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True

Your Answer True Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer departmentation Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-Appraisal True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture

Your Answer Culture Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology

Swot Analysis Matching, converting, minimizing & avoiding strategies Life cycle considerations Marketing strategy Life cycle considerations Matching, converting, minimizing & avoiding strategies True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Style of a company are the patterns of actions taken by

members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Systems approach Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Infrastructure LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Reasons , Planned performance , Variances Your Answer Reasons , Planned performance , Variances Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Latent demand research True/False Question All policies are 'statements' Correct Answer False Your Answer True Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile

Your Answer competitive advantage profile Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Culture True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Match The Following

Question Correct Answer Your Answer Top level Executives Taking decisions regarding efficient and effective allocation of resources Taking decisions regarding efficient and effective allocation of resources Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer Easy availability of resources Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer vision Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False

Your Answer False True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal

Your Answer Personal 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 occur Your 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 Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Match The Following Question Correct Answer Your Answer 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion 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 Factor leading to Information Management Capability The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects

of strategic evaluation and control Correct Answer Chief executive Your Answer Chief executive True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True Multiple Choice Single Answer

Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Style True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in internal environment. Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems True/False Question Budgets are plans expressed in numerical terms usually in financial terms

Correct Answer True Your Answer True True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by research agencies , by consultants , by employees Your Answer by employees , by research agencies , by consultants True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Life cycle considerations Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Availability of resources Marketing strategy Life cycle considerations Mass segmentation Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept

Your Answer Flotilla concept Multiple Choice Single Answer Question Maintain strategies means Correct Answer no change in strategies Your Answer maintain environmental changes Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system 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 systems Your Answer Operational level systems Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Question marks , Cash cowsCash cowsc True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units

Your Answer Strategic business Units Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question The tool used for decision making in ' The alternate futures ' scenario is Correct Answer Option Valuation model Your Answer Option Valuation model Multiple Choice Single Answer Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Crisis True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis True/False Question 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 False Your Answer True Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question The culture of a company is conveyed through

Correct Answer Rites , Myths , Rituals Your Answer Myths , Rituals , Style Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Knowledge level system , Management level system , Operational level system True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True Match The Following Question 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 Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer Strategy Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , local model Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure Your Answer Strategy True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis

Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Dividend planning Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer Corporate appraisal programme Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , communication skills Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer target Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units True/False

Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your 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 events Correct Answer Emergency alert contriol Your Answer Emergency alert contriol Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Multiple Answer Question Strategic intent Correct 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 Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer aggressive Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer mission Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer diagonal integration Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Strategy True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree

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 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 Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , communication skills True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer True True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your 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 Answer Question Principles to manage strategic alliances are Correct Answer provide for an exit strategy , clarity in strategy & responsibilities , blending cultures Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Multiple Choice Single Answer Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is Correct Answer CRM Your Answer CRM Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view.

Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer target Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made

Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Match The Following Question 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 action Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Centralization Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation

Your Answer Strategic evaluation Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission 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 systems Your Answer Operational level systems True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer weakness of competitors Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Factors encouraging joint ventures are Correct 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 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 Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation

True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Single Answer Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is Correct Answer significance Your Answer risk

STRATEGIC MGMT LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer PR Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Knowledge True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence Multiple Choice Single Answer Question T in SWOT, refers to

Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks , Stars Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Chief executive Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Equity , Return , Debt Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased speed to market , Increased market power , Increased diversification Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer True Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer General Electric Model Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Match The Following Question 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 Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Single Answer Question Strategic management is mainly the responsibility of

Correct Answer Top Management Your Answer Top Management Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True 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 systems Your Answer Operational level systems Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Binary Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Match The Following Question 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/False Question All policies are 'statements' Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy Correct Answer Operational evaluation Your Answer Operational evaluation Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of nonproducing Correct Answer Traditional Your Answer Traditional

STRATEGIC MGMT LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer potentials and competencies of organization. Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Binary Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Michael Porter's model for Industry Analysis Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer False Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Structure Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer availability of buyers , market reaction , taxes Your Answer taxes , availability of buyers , market reaction Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Match The Following Question 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 Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets

Your Answer demand & supply of money, capital markets True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Select The Blank Question 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 Blank

Question ________cost accounting measures the cost of producing and ignores the cost of nonproducing Correct Answer Traditional Your Answer Traditional True/False Question 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 False Your Answer False Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates True/False Question All policies are 'statements' Correct Answer False Your Answer False Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management STRATEGIC MGMT LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy Correct Answer Operational evaluation Your Answer Operational evaluation Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , market reaction Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence

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 True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False True/False Question All policies are 'statements' Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 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 True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of nonproducing Correct Answer Traditional Your Answer Traditional Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image

Your Answer philosophy, public image Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer True Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets 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 occur Your 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 Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures True/False Question Scheduling is a part of strategic management.

Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your 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 systems Your Answer Operational level systems Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing STRATEGIC MGMT LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer market reaction , taxes , availability of buyers Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Match The Following Question 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 Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision Select The Blank

Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False True/False Question 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 False Your Answer False Select The Blank Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. Correct Answer counteroffensive Your Answer counteroffensive Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Multiple Choice Multiple Answer Question Strategic intent Correct 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 Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer False Multiple Choice Single Answer Question Maintain strategies means Correct Answer no change in strategies Your Answer no change in strategies Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures 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 occur Your 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 Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer leadership Your Answer leadership

True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Premise control Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum

Your Answer Minimum Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission

LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank

Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True 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 Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Auditor , Financial controller , Company secretary

Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy True/False Question All policies are 'statements' Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Chief executive True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Technology forecasting Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising Multiple Choice Multiple Answer

Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness

Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , market reaction Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Match The Following Question Correct Answer Your Answer Retrenchment Strategies Contraction of activities through elimination of the scope of one or more of its business Contraction of activities through elimination of the scope of one or more of its business Divestment Strategies Involves the sale or liquidation of a portion of a business Involves the sale or liquidation of a portion of a business Turnaround Strategies Retrenchments - either internally or externally Retrenchments - either internally or externally LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True

Your Answer True Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer global agreement on trade & taxes Multiple Choice Single Answer Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy Correct Answer Strategic surveillance Your Answer Strategic surveillance Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Misfit with understanding of critical success factors Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative. Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , impact of organization on each sector True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants

Your Answer by employees , by research agencies , by consultants Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in internal environment. Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Capital , Information , Expertise Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Knowledge

Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Single Answer

Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Premise control True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Select The Blank Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. Correct Answer counteroffensive Your Answer counteroffensive Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Match The Following Question Correct Answer Your Answer Top level Executives Taking decisions regarding efficient and effective allocation of resources Ensuring proper tactical changes Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions Middle- level Managers Ensuring proper tactical changes Taking decisions regarding efficient and effective allocation of resources True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity

Your Answer Debt , Risk , Equity Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental targets & objective process Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer newspapers, magazines, journals etc. True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True

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Hi Everyone!! Well i had given Strategic management exam today and it went quite good... Most of the questions are from assignments that i had gone through and even the type of questions is quite simple I had alreay uploaded all mine assignment plus a set of another assignments to SM folder under files section ... Some of questions that i can recall are:(1) SQC---japan question (2) Adapters---posture (2) Shapers--posture (4) on Structure ---exact question is in assignment (5) similar question is for SYstems (6) "A change of futrure" question (7) functional strategy question..

(8) strategys is core of business---question (9) hardware firm entering into software.....well tha actual ans is horizontal integration if u refer book but in assignment its diff.. Regarding GE matrix and other theory there was nothing in paper and even i didn't encontered much questions in assignment too.. Guys SM seems to be a simple so jst take it cool.. Well my next exam is MM on coming monday(18 july 9am slot SION) Bye!! Parmeet *********************************************************************** ************ hi guys, i am attaching some imp points of sm. trust me today i gave my sm paper and most of the questions were from these points and assignments. so guys do these points and assignments thoroughly. well i had easy paper might be coz i was thorough w ith my entire book coz i read it twice. anybody so far given financial. i hv my next paper on 23 financial. plz help me with the pattern . strategic questions; match the foll was totally of assignment FIt, vision, mission and Bhag integration traditional accing synergy flotilla amoral mgt reciprocal responsibility means = blames and credit true/false types of envt. divestment discretionary activities examples chalo guys plz help me with financial assignments and updates of exam. rgds, shagun 9892867547 there were no questions on structure and systems, style

2 hi everybody i did strategic mgmt on sat........it was alrite...the true and false was really easy..some questions are from the assignemnts, but not all...so dont depend entirely on the assignments.. some of the questions i got were from... SQC strategic evaluation control systems SBU's strategic intent business level strategies social responsibilities of a business line organisation types of info systems corporate level strategies thats all i can remember.......hope its of some help..all the best folks..

cheers carissa *********************************************************************** *************

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IMPORTANT POINTS IN STRATEGIC MGT 1.Planned policy formulation replaced ad-hoc policy making. 2.S.M. or Business Policy is about present & future. 3.Strategy- Greek word- Strategos meaning Generalship- the actual direction of military force, as distinct from governing its deployment. 4.Michael Porter says the core of Gen. Mgt is strategy. 5.Without operational effectiveness, the company can’t survive. 6.Trade-offs occur when activities r incompatible. 7. Trade-offs occur for 3 reasons: a) inconsistencies in image and reputation b) from activities themselves c) limits of internal coordination and control 8.3 levels of Fit- simple consistency, when activities r reinforcing each other, when there is optimization of efforts. 9.Operational level strategies r derived from functional strategy. 10. Functional level strategies r derived from SBU level strategy. 11. SBU level strategies r derived from corporate strategy. 12. Corporate level strategies r derived from societal strategy. 13.Criteria for decision making r concept of maximization, satisfying and incrementalism. 14.Board of Directors ------ link b/w Company & enviornment. 15.CEO --------- link b/w Company & Board of Directors. 16.Mission is expression of Corporate intent. 17.Mission ---- what company is & why it exists? 18.Vision ------ what the company aspires to be? 19.Corporate strategy ensures fit b/w firm & its enviornment. 20.Book of Jerry Porras and James Collins is “Build to last.” 21.Core ideology is unchanging part of the organisation. 22.Envisioned future is goal to be reached. 23.Audacious goals r what company would like to achieve. It is thinking far into future of what to achieve and start today. 24.Vivid description is putting goals into words that evoke picture of what it would like to achieve. 25.Strategic intent implies sizeable stretch for an organisation. 26. Strategic intent implies what organisation strives for. 27.Tempting refers to focus on internal parameters. 28.Looking at denominator may bring short term results, but there may be serious longterm sacrifices. 29.Startegy is compromise b/w what enviornment has got to offer in terms of opportunities and counter offer that organisation makes in form of capabilities. 30.Goals ---- targets that organisation wants to accomplish in future period of time. 31.Objectives ---- ends that state how goals can be achieved. 32.While goals r qualitative, objectives r quantitative in specification. 33.If objectives r too broad, they will be confused with goals and if too narrow, will be confused with targets. 34.Policies r guides to decision making.

35.Programs r combination of policies, goals, procedure, rules, task assignment steps to be taken, resources to be employed & other elements necessary to carry out given course of action. 36.Budget is also called profit plan. 37.Book of Michael Hammer and James Chapy is Reengineering. 38.With globalisation, change has become pervasive and persistent. 39.External enviornment give rise to threats & opportunities. 40.Factors considered for enviormental scanning r issues, trends, events & expectations. 41.Trends r general tendencies or courses of action along which events take place. 42.Tangible resources r physical, financial, organizational and technological. 43.Intangible resources r human resource, innovation and reputational. 44.Capabilities ---- firm’s capacity to deploy resources that have been purposely integrated to achieve desired end state. 45.Core competence is communication, deep involvement & commitment to work across organizational boundaries across all levels and functions. 46. Core competence is glue that binds existing businesses and guide market entries instead of market attractiveness. 47.Tangible link b/w identified core competence & end products is core product.

2 48.Organisational capability is inherent capacity of organisation to use its strength& overcome its weaknesses to exploit opportunities and face threats in external enviornment. 49.Maintain strategies r dangerous in current markets, where there is intense competition and economy is dynamic. 50.Backward integration is retreating to source of raw materials i.e., becoming ur own supplier. 51.Forward integration is move organisation nearer to ultimate customer i.e., becoming ur own customer. 52.Eg : of Backward integration is automobile Company going for steel mill. 53.Concentric diversification is when organisation takes up activity related to existing business. 54.Conglomerate diversification is when organisation takes up activity not related to existing business. 55.Startegic turnaround leads to divestment or liquidation. 56.Cash Cows is secured source of income for business. 57.Cost leadership is used when there is demand for functional products. 58.Through differentiation, customer loyalty can be gained. 59.Position defence --- build fortification around one’s territory. 60.Flank defence --- protect weak front by creating outposts to stop attackers. 61.Counteroffensive defence --- respond after attack. 62.Preemptive defence --- attack before competitor starts offence. 63.Mobile defence ---- stretch over new territories, broaden markets. 64.Contraction defence ---- strategic withdrawl and give up weak positions. 65.Counterfeiter ---- duplicate leader & claims to be same. 66.Cloner ---- emulate leader with slight variations. 67.TELCO --- Tata Engineering & Locomotive Company. 68.Payoff is cash that can’t be reinvested in that product. 69.Shell Oil Company developed Directional Policy Matrix in 1970’s. 70.In Directional Policy Matrix, vertical axis is market attractiveness & horizontal axis is competitive strength.

71.Heartland business --- give highest priority. 72.Edge of Heartland business --- some fit some misfit. 73. Balast Business --- fit well, but low opportunities. 74.Alien territory business ---- little opportunity. 75.Value trap business --- fit well with parenting opportunities, but misfit with understanding of CSFs. 76.PIMS --- Profit Impact of Market Strategy. 77.Delphi model is useful in answering single dimension question. 78.SPACE --- Strategic Position & Action Evaluation. 79.Organisational pyramid gives vertical hierarchy. 80.Attributes of staff function ---- advice, evaluation and expert guidance. 81.Line represent operating deptts and staff- auxiliary deptts. 82.In high growth rate industry, phase of evolution is small and phase of revolution is longer. 83.End of Creativity Phase is marked by Crisis of leadership. 84. End of Direction Phase is marked by Crisis of autonomy. 85. End of Delegation Phase is marked by Crisis of control. 86. End of Coordination Phase is marked by Red tape. Crisis . 87.Empathy ---- thoughtful consideration of emotions or feelings of people while making intelligent decisions. 88.Invisible hand ---- make profits and obey law. 89.eg of discretionary activities ---- making philanthropic contribution, sponsoring clinic for AIDS victim. 90.Basic & security needs r satisfied by means of economic profits. 91.Affiliation & status needs r satisfied by market structure, conduct & performance. 92.Self actualization needs r satisfied by industry recognition & leadership. 93.Austere model --- owner is at focus. 94.Hoseholder’s model ---- owners and employees r at focus. 95.Vendor model --- customer is at focus. 96.Investment model --- fulfil social responsibility now to reap benefits in future. 97.Civic model --- company attempts to behave as law abiding corporate citizen. 98.Creative model ---- company’s resolution to improve overall quality of life. 99.Sattwa(righteousness) , rajas(selfishness) , tamas(laziness). 100.Archie B Carroll has given 3 major levels of model. 101.Immoral Mgt --- lacks ethical principles and is opposed to ethical behaviour. 102.Principle of Immoral Mgt is “Can we make money with this action, delegation or behaviour?”

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103. Principle of moral Mgt is “Is this action, delegation or behaviour fair to us and all parties involved?” 104.Moral Mgt ---- strives to follow ethical principles. 105. Principle of ammoral Mgt is “within scope of law can we make money with this action, delegation or behaviour fair to us and all parties involved?” 106.Ethics Hotline --- special telephone line established to enable employees to bypass normal chain of command in reporting grievances & serious ethical problems. 107.Debt is cheapest source of financing. 108.TMS is Target Market Segment. 109.Explicit knowledge is formal, systematic and easily communicated. 110.Tacit to explicit is articulation. 111.Explicit to tacit is internalization. 112.BTO is Built to order. 113.Acquisitions unfriendly r takeovers.

114.Synergy bias is overestimating benefits & underestimates costs of synergy. 115.ABB evolved concept of Human Engineering. 116.Capital is scarcest resource in company. 117.Money, competence and physical facilities r critical factors. 118.Sense of urgency increases performance. LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-ordination Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer competitors Multiple Choice Single Answer Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is Correct Answer CRM Your Answer CRM 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 True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer False Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , simulation , Dynamic modes and mapping Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other Your Answer uneconomical separate existence , sharing competence of each other , monopoly of one company Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of

change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer target Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer controlling Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Only factor determing it's success or failure , may result in disaster if inappropriate Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Single Answer Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy Correct Answer Operational evaluation Your Answer Operational evaluation Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Match The Following Question 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 Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration True/False Question Numerator may bring short-term results, but there may be serious longterm sacrifices. Correct Answer False Your Answer True True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Single Answer Question Degree to which the decision maker is accountable for the outcomes of the decision is Correct Answer accountability Your Answer ambiguity 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 events Correct Answer Emergency alert contriol Your Answer Emergency alert contriol Multiple Choice Single Answer Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Crisis True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour

Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Departmentalisation True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer Strategy Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer mission Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Formulate plans , Reformulate strategies True/False Question All policies are 'statements' Correct Answer False Your Answer False Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by research agencies , by rivals , by consultants True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders

Your Answer Leaders Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer False Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business 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 occur Your 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 Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True

Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , research specialist True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer policies , procedures , corporate strategy Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Strategic surveillance True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Match The Following Question 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. Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer challenge Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose , ideas and suggestions Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Multiple Choice Multiple Answer Question Business is rated on which dimensions

Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength , Competition level Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Law Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis Multiple Choice Multiple Answer Question Strategic intent Correct 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 Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis Reengineering Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering value chain analysis GDP stands for gross domestic product gross domestic product True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Select The Blank Question ETOP stands for ________.

Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Modular Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer common enemy Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer Time factor Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Multiple Choice Single Answer Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is

Correct Answer significance Your Answer significance Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer weakness of competitors Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own supplier Multiple Choice Single Answer Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy Correct Answer Strategic surveillance Your Answer Premise control Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer availability of buyers , market reaction , willingness of employees Match The Following Question Correct Answer Your Answer Board of Directors Link between company & external environment Link between company & external environment Profit centers S.B.U. s Profit making organizations S.B.U.s are more focused on their Product line/business Product line/business Manufacturing strategy Productivity Productivity Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation

Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer weakness of competitors Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates Correct Answer Shapers Your Answer Shapers Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Knowledge Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased speed to market , Encourage excessive competition Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Modern Accounting True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False

Select The Blank Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. Correct Answer counteroffensive Your Answer counteroffensive True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Board of directors Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Capital , Information , Expertise True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer True True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer expansion strategy Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer potentials and competencies of organization. True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient

Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Competence , Time Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system

LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Technology forecasting Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Select The Blank Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy Your Answer concentration strategy Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose

Your Answer core purpose , core values Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Single Answer Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Crisis Match The Following Question 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 Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-ordination Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. True/False Question Timing of measurement before hand serves the purpose of

evaluation. Correct Answer False Your Answer False Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Outer Circle , Inner Circle , Intermediate circle Your Answer Inner Circle , Intermediate circle , Outer Circle Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves Select The Blank Question A hardware manufacture enters into software is an example of ________ integration. Correct Answer horizontal Your Answer vertical ( forward) 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 events Correct Answer Emergency alert contriol Your Answer Emergency alert contriol Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.

Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Match The Following Question 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 Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play True/False Question Acquisitions which are friendly are termed as "take-overs".

Correct Answer False Your Answer False True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer global agreement on trade & taxes Multiple Choice Single Answer Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy Correct Answer Strategic surveillance Your Answer Strategic surveillance Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Misfit with understanding of critical success factors Gap analysis Difference between desired and projected performance Difference between

desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative. Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , impact of organization on each sector True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in internal environment. Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Capital , Information , Expertise Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Single Answer Question Strategic management is concerned with

Correct Answer long- range planning Your Answer long- range planning Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Knowledge Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased

speed to market Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Premise control True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Select The Blank Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. Correct Answer counteroffensive Your Answer counteroffensive Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Match The Following Question Correct Answer Your Answer Top level Executives Taking decisions regarding efficient and effective allocation of resources Ensuring proper tactical changes Executive summary Synopsis of marketing

plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions Middle- level Managers Ensuring proper tactical changes Taking decisions regarding efficient and effective allocation of resources True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Risk , Equity Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental targets & objective process

Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer newspapers, magazines, journals etc. True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions

Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis value chain analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation , Dynamic modes and mapping True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer integration strategy Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic

Your Answer Political- legal , socio-cultural , economic-demographic , technology Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Employess , Resources Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer departmentation Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-Appraisal

True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank

Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Life cycle considerations Marketing strategy Life cycle considerations Matching, converting, minimizing & avoiding strategies True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Three important managerial qualities required for the effective

strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Systems approach Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Infrastructure 37. These following factors determine the desire of risk

a) b) c) d) Strategies Resources Competence Time

Capital or labour is the scarcest resource

LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Multiple Choice Single Answer Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy Correct Answer Strategic surveillance Your Answer Strategic surveillance Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Marks : 2 Multiple Choice Single Answer Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is Correct Answer significance Your Answer risk Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals Multiple Choice Single Answer Question Degree to which the decision maker is accountable for the outcomes of the decision is Correct Answer accountability Your Answer accountability True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any

device'- Microsoft Correct Answer vision Your Answer vision Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Circular True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Funcational streategies True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons Match The Following Question Correct Answer Your Answer Role of Chief Executive Officer Responsible right from formulation / implementation to review of strategic management Link between company & external environment Role of SUB-level Executive More focussed on product line & responsible for the co-ordination between SUBs & Senior managements Important link between strategizing & implementation Role of consultants Hired for specialized for new business or expertise Hired for specialized for new business or expertise Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer complexity

Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer policies , procedures Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased speed to market

Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Match The Following Question Correct Answer Your Answer Gap analysis Difference between desired and projected performance Difference between desired and projected performance 7-S Framework Skills, super ordinate goals, structure Skills, super ordinate goals, structure Alternate futures Option valuation model Fit well but low opportunities Staffing Acquiring human resources Acquiring human resources Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer establish rapport with competitors Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Profit margin , Competition level True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer production process Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Resources , Time True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False

LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Leadership , Wrong motivational styles Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance

Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors Heartland business Give the highest priority Give the highest priority Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Infrastructure True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Team work True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Objectives Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB

Your Answer IR, OB Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity , Return Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer socio-cultural , economic-demographic , technology Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Vision , Conceptual, human & intellectual skills , Decision making ability Multiple Choice Multiple Answer

Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Rituals , Style Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer True Multiple Choice Multiple Answer

Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Leadership , Wrong motivational styles Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors Heartland business Give the highest priority Give the highest priority Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model , local model Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Match The Following Question 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 Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control

Your Answer Operational control Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer potentials and competencies of organization. Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth

Your Answer growth Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Capital , Information , Expertise Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Status Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychiatrists Multiple Choice Multiple Answer Question Measures to take corrective action

Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Risk , Equity , Return Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export

Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-operation True/False Question 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 False Your Answer False Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Single Answer Question W in SWOT stands for

Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Some fit and some misfit Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors Heartland business Give the highest priority Give the highest priority Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Question marks , Stars , Cash cowsCash cowsc Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False

Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-Appraisal Match The Following Question Correct Answer Your Answer Executive summary Synopsis of marketing plan Marketing goals Line Managers Responsibility Ensuring Implementation of marketing actions customized marketing Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions Top level Executives Taking decisions regarding efficient and effective allocation of resources Taking decisions regarding efficient and effective allocation of resources Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer True Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour

Correct Answer Culture Your Answer Culture Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis value chain analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation , Dynamic modes and mapping True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer integration strategy Multiple Choice Multiple Answer Question Macro environment

Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Employess , Resources Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer departmentation Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline

Your Answer Self-Appraisal True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True

Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Life cycle considerations Marketing strategy Life cycle considerations Matching, converting, minimizing & avoiding strategies True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer

Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Systems approach Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Infrastructure

LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Win SWOT stands for Correct Answer inherent inadequacy of organization Your Answer weakness of competitors Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy

Your Answer concentration strategy Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer mission Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer internal transformation Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rituals , Rites , Myths Your Answer Rites , Myths , Rituals Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Select The Blank Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense.

Correct Answer counteroffensive Your Answer counteroffensive True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer Corporate appraisal programme True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer True True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own

supplier True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters Multiple Choice Single Answer Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is Correct Answer CRM Your Answer CRM True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward )

True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer Market follower are Imitator Imitator Horizontal integration means Additional product/service for same customers Additional product/service for same customers Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary

Your Answer Multiple True/False Question 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 False Your Answer False Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-ordination Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Status Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc.

Your Answer channel members, customers, suppliers etc. Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychiatrists Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment.

Your Answer unfavorable conditions in external environment. Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Risk , Equity , Return Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-operation True/False Question 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 False Your Answer False Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Some fit and some misfit Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors Heartland business Give the highest priority Give the highest priority Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer

Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Question marks , Stars , Cash cowsCash cowsc Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-Appraisal Match The Following Question Correct Answer Your Answer Executive summary Synopsis of marketing plan Marketing goals Line Managers Responsibility Ensuring Implementation of marketing actions customized marketing Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions Top level Executives Taking decisions regarding efficient and effective allocation of resources Taking decisions regarding efficient and effective allocation of resources

Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer True Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis value chain analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation , Dynamic modes and mapping True/False Question Getting new users is a position defense strategy. Correct Answer False

Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer integration strategy Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Employess , Resources Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment.

Your Answer unfavorable conditions in external environment. Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer departmentation Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-Appraisal True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question Factors encouraging joint ventures are

Correct 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 Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It uses time as a unit of measure Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Life cycle considerations Marketing strategy Life cycle considerations Matching, converting, minimizing & avoiding strategies True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Select The Blank

Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Systems approach

Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Infrastructure Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Strategy Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Misfit with understanding of critical success factors Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Some fit and some misfit Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Premise control True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer True

Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-ordination True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True

Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Encourage excessive competition Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by research agencies , by rivals , by consultants Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Match The Following Question Correct Answer Your Answer Retrenchment Strategies Contraction of activities through elimination of the scope of one or more of its business Contraction of activities through elimination of the scope of one or more of its business Divestment Strategies Involves the sale or liquidation of a portion of a business Involves the sale or liquidation of a portion of a business Turnaround Strategies Retrenchments - either internally or externally Retrenchments - either internally or externally Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business Multiple Choice Single Answer

Question The tool used for future decision making in 'True Ambiguity' scenario is Correct Answer Non-linear dynamic model Your Answer Non-linear dynamic model Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning Multiple Choice Single Answer Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy Correct Answer Strategic surveillance Your Answer Strategic surveillance Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks Multiple Choice Single Answer Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Emergency Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic

specialist Your Answer end user specialist , specific customer specialist , geographic specialist True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer False Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Anushka – 2 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question In SWOT , S stands for

Correct Answer favorable condition in the organization's environment. Your Answer Strategy Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Strategic surveillance Match The Following Question Correct Answer Your Answer Maintain strategy stable environment diversification Market follower are imitator bypass attack Market challenger are bypass attack imitator Turnaround strategy V.R.S. differentiation Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer competitive Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Availability of resources Environmental Analysis Social, Political, legal & technology Life cycle considerations Swot Analysis Matching, converting, minimizing & avoiding strategies Product formulated Marketing strategy Life cycle considerations Mass segmentation True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer strategy Multiple Choice Single Answer Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is Correct Answer CRM Your Answer CRM True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True True/False Question The super structure indicates ways in which company's tasks are

integrated or coordinated Correct Answer True Your Answer True Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Options Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model True/False Question Scheduling is a part of strategic management. Correct Answer False

Your Answer False True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Formulate plans , Standard check Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Intelligence , Information , Expertise Your Answer Information , Expertise , Intelligence Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Class

Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Myths True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True 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 systems Your Answer Operational level systems Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Integrity Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Mathematical True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer SWOT analysis Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist

Your Answer end user specialist , specific customer specialist , research specialist Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Statistical quality control Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Board of directors Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Direction Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Mohit 2 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Civic Model , Austere Model , Vendors Model Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines

Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures 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 occur Your Answer Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis value chain analysis Benchmarking is competitive analysis historical analysis Michael Hammer & James Chapy Reengineering competitive analysis GDP stands for gross domestic product gross domestic product Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Select The Blank Question ETOP stands for ________.

Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer trends and rate of change of technology , quality & no. of suppliers , logistics , raw material Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.

Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Match The Following Question 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 nonaction Spell out specific action or nonaction Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis

Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation LIST OF ATTEMPTED QUESTIONS AND ANSWERS Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Question This strategic posture invests sufficiently to stay in the race but avoids premature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play True/False

Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Leadership , Wrong motivational styles Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors Heartland business Give the highest priority Give the highest priority Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Infrastructure True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Select The Blank

Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Team work True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Objectives Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity , Return Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer socio-cultural , economic-demographic , technology Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis Multiple Choice Multiple Answer

Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Vision , Conceptual, human & intellectual skills , Decision making ability Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Rituals , Style Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids premature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Performance is affected by

Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Leadership , Wrong motivational styles Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a Misfit with understanding of corporate critical success factors Heartland business Give the highest priority Give the highest priority Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model , local model Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Match The Following Question 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 Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the

Correct Answer Environment Protection Act Your Answer Environment Protection Act Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer potentials and competencies of organization. Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Capital , Information , Expertise Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time Your Answer Time Match The Following Question Correct Answer Your Answer Turnaround Strategies Retrenchments - either internally or externally Retrenchments - either internally or externally Retrenchment Strategies Contraction of activities through elimination of the scope of one or more of its business Contraction of activities through elimination of the scope of one or more of its business Divestment Strategies Involves the sale or liquidation of a portion of a business Involves the sale or liquidation of a portion of a business Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Individual appraisal Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer departmentation Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model 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 events Correct Answer Emergency alert contriol Your Answer Emergency alert contriol Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Multiple Choice Single Answer Question Degree to which the decision maker is accountable for the outcomes of the decision is Correct Answer accountability Your Answer accountability Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is Correct Answer significance Your Answer significance True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True

Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Select The Blank Question A hardware manufacture enters into software is an example of ________ integration. Correct Answer horizontal Your Answer vertical ( forward) Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of

technology Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Match The Following Question 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 Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Ruchi LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True

Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer specialization Match The Following Question Correct Answer Your Answer strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own supplier True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False Multiple Choice Multiple Answer

Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer mission Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Multiple Answer Question market research is conducted by

Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , market reaction True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Strategic intent Correct 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 Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Following Question 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 Multiple Answer Question Factors encouraging joint ventures are Correct Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other Your Answer uneconomical separate existence , sharing competence of each other , monopoly of one company Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process

Your Answer Business process Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True 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 systems Your Answer Operational level systems Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer Easy availability of resources Vinit LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question All policies are 'statements' Correct Answer False Your Answer True Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer research, surveys, interviews etc. Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False 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 Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer expansion strategy Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Profit margin , Competition level Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer False Multiple Choice Single Answer

Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view.

Correct Answer core competence Your Answer core competence Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources , Expertise Multiple Choice Multiple Answer

Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Division of labour , Departmentalisation Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Informal Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time

Your Answer Time LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Multiple Choice Single Answer Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy Correct Answer Strategic surveillance Your Answer Strategic surveillance Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is Correct Answer significance Your Answer risk Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals Multiple Choice Single Answer Question Degree to which the decision maker is accountable for the outcomes of the decision is Correct Answer accountability Your Answer accountability True/False Question Acquisitions which are friendly are termed as "take-overs". Page 1 sm1 Correct Answer False Your Answer False True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material ,

trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Circular True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Funcational streategies True/False Question Macro environment has got immediate impact on business. Correct Answer False Page 2 sm1 Your Answer True Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons Match The Following Question Correct Answer Your Answer Role of Chief Executive Officer Responsible right from formulation / implementation to review of strategic management Link between company & external environment Role of SUB-level Executive More focussed on product line & responsible for the co-ordination between SUBs & Senior managements Important link between strategizing & implementation Role of consultants Hired for specialized for new business or expertise Hired for specialized for new business or expertise Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer complexity Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Select The Blank Question Control should involve________ amount of information.

Correct Answer Minimum Your Answer Maximum Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Page 3 sm1 Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer policies , procedures Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased speed to market Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Page 4 sm1 Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders

Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Match The Following Question Correct Answer Your Answer Gap analysis Difference between desired and projected performance Difference between desired and projected performance 7-S Framework Skills, super ordinate goals, structure Skills, super ordinate goals, structure Alternate futures Option valuation model Fit well but low opportunities Staffing Acquiring human resources Acquiring human resources Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer establish rapport with competitors Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Profit margin , Competition level True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Page 5 sm1 Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer production process Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Resources , Time True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Page 6

LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Macro environment has got immediate impact on business. Correct Answer False

Your Answer False Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , market reaction True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True

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www.pdfwizard .com Your Answer True Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Strategic intent Correct 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 Blank

DocuCom PDF Trial www.pdfwizard .com Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative. , dividing environment into sectors ,

sub factors Match The Following Question 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 Multiple Answer Question Factors encouraging joint ventures are Correct Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other

DocuCom PDF Trial www.pdfwizard .com Your Answer uneconomical separate existence , sharing competence of each other , monopoly of one company Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation True/False

Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True 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 systems Your Answer Operational level systems Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer Easy availability of resources

DocuCom PDF Trial www.pdfwizard .com SM assgn : Parmeet Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Single Answer Question Retrenchment strategy means

Correct Answer contraction of business activities Your Answer contraction of business activities Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Match The Following Question Correct Answer Your Answer vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own supplier strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Single Answer Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is Correct Answer CRM Your Answer CRM True/False Question 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 False Your Answer False Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional True/False

Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy Correct Answer Operational evaluation Your Answer Implementation evaluation Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer Easy availability of resources Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True

Your Answer True Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'Microsoft Correct Answer vision Your Answer vision Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Match The Following Question Correct Answer Your Answer Benchmarking is competitive analysis historical analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Comparative analysis is historical analysis competitive analysis True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness

Your Answer Self-awareness Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units 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 occur Your 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 Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates SM2 LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Staffing function applies to all company levels irrespective of

levels of hierarchy Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased diversification , Increased speed to market , Increased market power Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Goals Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Page 1 SM2 Correct Answer concentration strategy Your Answer concentration strategy Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward )

Your Answer horizontal Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Answer Reserve the right to play Your Answer Reserve the right to play Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Multiple Choice Multiple Answer Page 2 SM2 Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting , Division of labour Page 3 SM2 Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Only factor determing it's success or failure , may result in disaster if inappropriate True/False Question Three C's affecting today's companies are customer, competition & change

Correct Answer True Your Answer True Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , what the organization strives for. , concept of optimization Page 4 SM2 Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing Your Answer Assumes factory as an isolated entity , It measures only the cost of producing Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Business strength , Profit margin , Competition level Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer goodwill Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer PRM True/False Question All policies are 'statements' Correct Answer False Your Answer True

Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Page 5 SM2 True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer True Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning Match The Following Question 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 Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Strategic surveillance Select The Blank Question Value chain analysis is an effective tool for ________. Page 6 SM2 Correct Answer internal analysis Your Answer internal analysis Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False 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 systems Your Answer Operational level systems Multiple Choice Single Answer Question General Electric Matrix is divided into how many cells Correct Answer 9

Your Answer 9 Page 7

SM assgn : Parmeet Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False True/False Question All policies are 'statements' Correct Answer False Your Answer False Match The Following Question Correct Answer Your Answer Rely on short term assessment Barrier in evaluation Audit and Executive committee Premise control Identifies key assumptions Identifies key assumptions Emergency alert control evaluation Type of strategic control Control Strategic evaluation Effectiveness of strategy Effectiveness of strategy Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence

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www.pdfwizard .com Your Answer Information , Expertise , Intelligence Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Premise control Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True Multiple Choice Multiple Answer

DocuCom PDF Trial www.pdfwizard .com Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer common enemy True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer target Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer global agreement on trade & taxes

Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries

DocuCom PDF Trial www.pdfwizard .com Your Answer joint venture/independent ventures/subsidiaries Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer True

Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Multiple Choice Single Answer Question General Electric Matrix is divided into how many cells Correct Answer 9 Your Answer 9

DocuCom PDF Trial www.pdfwizard .com Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.

Correct Answer role model Your Answer role model Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept True/False Question Companies have strenghts in a number of areas but their key strength are few in number

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www.pdfwizard .com Correct Answer True Your Answer True True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation

DocuCom PDF Trial www.pdfwizard .com Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Match The Following Question Correct Answer Your Answer Market follower are Imitator Imitator Horizontal integration means Additional product/service for same customers Additional product/service for same customers Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model

DocuCom PDF Trial www.pdfwizard .com SM3 LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer False Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Knowledge level system , Management level system , Operational level system Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer leadership Your Answer leadership Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics

Your Answer Ethics Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines Page 1 SM3 Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Procedure of appraisal , Individual appraisal Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising Match The Following Question Correct Answer Your Answer Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Taking decisions regarding efficient and effective allocation of resources Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes Top level Executives Taking decisions regarding efficient and effective allocation of resources Marketing goals Multiple Choice Single Answer Question General Electric Matrix is divided into how many cells Correct Answer 9 Your Answer 4 Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis value chain analysis Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Multiple Choice Multiple Answer Question The reasons for acquisition are Page 2 SM3 Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Encourage excessive competition Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Resources , Competence , Time , Strategies True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence

Your Answer Capital , Information , Expertise Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer target Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Michael Porter's model for Industry Analysis Page 3 SM3 Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer competitive True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , corporate strategy Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Inner Model Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Page 4

SM3 Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer SWOT analysis Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Style Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer global strategy Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Page 5 SM3 True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer policy Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains Multiple Choice Multiple Answer Question Harveststrategy is used for

Correct Answer Dogs , Question marks Your Answer Question marks , Stars , Cash cowsCash cowsc Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Analogies and pattern recognition Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Select The Blank Page 6 SM3 Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Formal Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-ordination True/False Question Under functional strategics we have vertical fit & horizontal fit.Correct Answer True Your Answer True Page 7

SM assgn : Parmeet True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question The strategies which deal with the relative and restricted function for allocation of resources is

Correct Answer Funcational streategies Your Answer Funcational streategies Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources , Competence Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer potentials and competencies of organization. Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer False Multiple Choice Single Answer Question Degree to which the decision maker is accountable for the outcomes of the decision is Correct Answer accountability Your Answer accountability True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Multiple Choice Single Answer

Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer External auditor Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Taxation planning Match The Following Question 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/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision 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 systems Your Answer Operational level systems Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity

Your Answer Debt , Risk , Equity True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion 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 Factor leading to Information Management Capability The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength , Competition level Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Multiple Answer

Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems 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 events Correct Answer Emergency alert contriol Your Answer Emergency alert contriol Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Financial environment is concerned with

Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Employess , Resources SM4 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process , Identifies impact of any change on performance Your Answer Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process , Identifies impact of any change on performance Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Answer Question Strategic management is mainly the responsibility of Page 1 SM4 Correct Answer Top Management Your Answer Top Management Match The Following Question 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 Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers

Correct Answer Adapters Your Answer Adapters Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Page 2 SM4 Your Answer Binary Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Operational control Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Page 3 SM4 True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False

Your Answer False Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Page 4 SM4 Your Answer Delegation Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer specialization Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital True/False Question Macro environment has got immediate impact on business. Correct Answer False

Your Answer False 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 systems Your Answer Operational level systems Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Page 5 SM4 Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rituals Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Page 6 SM4 True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Single Answer Question W in SWOT stands for

Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders Page 7 SM5 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Status Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Page 1 SM5 Your Answer Psychiatrists Multiple Choice Multiple Answer

Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Page 2 SM5 True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Risk , Equity , Return Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure Select The Blank

Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Page 3 SM5 True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-operation True/False Question 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 False Your Answer False Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Single Answer Question W in SWOT stands for Page 4 SM5 Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Match The Following

Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Some fit and some misfit Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors Heartland business Give the highest priority Give the highest priority Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Page 5 SM5 Your Answer Question marks , Stars , Cash cowsCash cowsc Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-Appraisal Match The Following Question Correct Answer Your Answer Executive summary Synopsis of marketing plan Marketing goals

Line Managers Responsibility Ensuring Implementation of marketing actions customized marketing Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions Page 6 SM5 Top level Executives Taking decisions regarding efficient and effective allocation of resources Taking decisions regarding efficient and effective allocation of resources Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer True Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Page 7 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Money , Consistency with goals , Consistency with environment Your Answer Money , Consistency with goals , Consistency with environment Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure Your Answer Strategy Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic Multiple Choice Single Answer Question Degree to which the decision maker is accountable for the outcomes of the decision is Correct Answer accountability Your Answer relativity Multiple Choice Single Answer

Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning True/False Question All policies are 'statements' Correct Answer False Your Answer False True/False Page 1 SM6 Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision 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 Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Page 2 SM6 Your Answer internal transformation True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Select The Blank Question Factors leading to personnel capability are________.

Correct Answer IR, OB Your Answer IR, OB Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Page 3 SM6 Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Multiple Choice Multiple Answer

Question How does 'structure' reduce internal uncertainity arising out Page 4 SM6 of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Match The Following Question Correct Answer Your Answer Rely on short term assessment Barrier in evaluation Barrier in evaluation 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 True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Page 5 SM6 Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Single Answer Question Associated external agencies means

Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Page 6 SM6 Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer opinions, suggestions, complaints etc. Page 7 SM7 LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional

Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer controlling True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Page 1 SM7 Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer qualitative Match The Following Question Correct Answer Your Answer strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own supplier Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer True Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Multiple Choice Single Answer Page 2 SM7 Question Core purpose Correct Answer mission Your Answer vision Multiple Choice Single Answer

Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer mission Multiple Choice Single Answer Question 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 planning Your Answer Man-power planning Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer expansion strategy Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer encirclement attack , frontal attack , flank attack Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Cognitive skills , Integrity Match The Following Page 3 SM7 Question Correct Answer Your Answer Board of Directors Link between company & external environment Link between company & external environment Profit centers S.B.U. s Profit making organizations S.B.U.s are more focused on theirProduct line/business Product line/business Manufacturing strategy Productivity Productivity Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems True/False Question Budgets are plans expressed in numerical terms usually in

financial terms Correct Answer True Your Answer True True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Multiple Choice Single Answer Page 4 SM7 Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-ordination Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' Page 5 SM7 scenario is Correct Answer Technology forecasting Your Answer Latent demand research True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks Multiple Choice Single Answer Question It indicates the degree of differentiation

Correct Answer Structure Your Answer Structure True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Page 6 SM7 Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision , communication skills Page 7 SM8 LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer integration strategy Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Multiple Choice Multiple Answer Question supplier & technological environment is concerned with

Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Page 1 SM8 Multiple Choice Single Answer Question Maintain strategies means Correct Answer no change in strategies Your Answer no change in strategies Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Single Answer Question Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is Correct Answer significance Your Answer significance Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer goodwill Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Page 2 SM8 Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate

structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer market reaction , taxes , availability of buyers Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Labour Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Page 3 SM8 Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Multiple Choice Single Answer Question It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy Correct Answer Strategic surveillance Your Answer Strategic surveillance Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure Your Answer Structure True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters Select The Blank Question Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. Correct Answer counteroffensive

Your Answer counteroffensive True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation True/False Page 4 SM8 Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Inspiration Match The Following Question Correct Answer Your Answer Decision making Managers to develop the courage to make unconventional decisionsCrusial problem that affect success 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 develop the courage to make unconventional decisions Responsiveness Managers to provide speedy responses to environmental changes Managers to provide speedy responses to environmental changes Match The Following Question Correct Answer Your Answer Environmental Analysis Social, Political, legal & technologyFormal & Systematic Synergy Vertical Integration Vertical Integration Mechanistic approach to knowledge management Better accessibility to information Better accessibility to information Explicit knowledge Formal & Systematic Social, Political, legal & Page 5 SM8 technology Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer target Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination

Your Answer Creativity , Delegation , Co-ordination Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals True/False Question All policies are 'statements' Correct Answer False Your Answer False Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Chartered accountant , Auditor , Financial controller Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Select The Blank Page 6 SM8 Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Page 7 SM9 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics

Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Match The Following Question Correct Answer Your Answer vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers Page 1 SM9 vertical backward integration means becoming your own supplier becoming your own supplier strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Single Answer Question A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is Correct Answer CRM Your Answer CRM True/False Question 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 False Your Answer False Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Page 2 SM9 Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer

Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Single Answer Question At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy Correct Answer Operational evaluation Your Answer Implementation evaluation Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer Easy availability of resources Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False Page 3 SM9 True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists

Your Answer Psychologists Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Page 4 SM9 Correct Answer True Your Answer True Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Match The Following Question Correct Answer Your Answer Benchmarking is competitive analysis historical analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Comparative analysis is historical analysis competitive analysis True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Page 5 SM9 Your Answer Research and planning , Forecasting Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units 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 occur Your 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 Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Page 6 SM9 True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Page 7 SM10 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True True/False Question Scheduling is a part of strategic management. Correct Answer False

Your Answer False True/False Question All policies are 'statements' Correct Answer False Your Answer False Match The Following Question Correct Answer Your Answer Rely on short term assessment Barrier in evaluation Audit and Executive committee Premise control Identifies key assumptions Identifies key assumptions Emergency alert control evaluation Type of strategic control Control Strategic evaluation Effectiveness of strategy Effectiveness of strategy Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Page 1 SM10 Correct Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Premise control Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True Multiple Choice Multiple Answer Page 2 SM10 Question Macro environment Correct Answer Political- legal , socio-cultural ,

economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer common enemy True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Your Answer target Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer global agreement on trade & taxes Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries Page 3 SM10 Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer True Multiple Choice Single Answer Question 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 are Correct Answer operational decisions Your Answer operational decisions Multiple Choice Multiple Answer Question The various areas covered by social responsibility are

Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Multiple Choice Single Answer Question General Electric Matrix is divided into how many cells Correct Answer 9 Your Answer 9 Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Page 4 SM10 Your Answer Austere Model , Vendors Model , Civic Model Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct Answer role model Your Answer role model Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True True/False Question Environmental competitiveness tends to encourage ethical Page 5 SM10 behaviour. Correct Answer False Your Answer False Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines True/False

Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment. Match The Following Question Correct Answer Your Answer Page 6 SM10 Market follower are Imitator Imitator Horizontal integration means Additional product/service for same customers Additional product/service for same customers Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Page 7 SM11 LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Funcational streategies Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Page 1 SM11 Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources , Competence Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer potentials and competencies of organization. Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer False Multiple Choice Single Answer Question Degree to which the decision maker is accountable for the outcomes of the decision is Correct Answer accountability Your Answer accountability Page 2

SM11 True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer External auditor Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Taxation planning Match The Following Question Correct Answer Your Answer Page 3 SM11 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 theirProduct line/business Product line/business Manufacturing strategy Productivity Productivity True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision 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 systems

Your Answer Operational level systems Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Risk , Equity True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Page 4 SM11 Promotion 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 Factor leading to Information Management Capability The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength , Competition level Multiple Choice Single Answer Question It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour Correct Answer Culture Your Answer Culture Page 5 SM11 True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller

Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct 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 Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems 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 events Correct Answer Emergency alert contriol Your Answer Emergency alert contriol Page 6 SM11 Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Employess , Resources Page 7 SM12 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc.

Your Answer channel members, customers, suppliers etc. True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True 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 Balanced approach to evaluation Page 1 SM12 Long and short term controls Balanced approach to evaluation Another method of implementation control VarianceActual and budgeted performance Actual and budgeted performance Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Competence , Time Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer ITC Ltd. Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer SWOT analysis Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength , Competition level Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination

Your Answer Centralization Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Your Answer Technical skills , Emotional Intelligence Quotient , Integrity Page 2 SM12 Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping Your Answer structured/ unstructured expert/inexpert opinion , simulation , single-variable extrapolation/multivariable interaction analysis True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer policy framing Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , impact of organization on each sector , trends and rate of change of technology True/False Page 3 SM12 Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis

Correct Answer Company secretary , Auditor , Financial controller Your Answer Chartered accountant , Auditor , Financial controller Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer organizational hierarchy True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Internal streategies Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Answer Reserve the right to play Your Answer Adapters Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy Page 4 SM12 Match The Following Question Correct Answer Your Answer Premise control Identifies key assumptions Type of strategic control Emergency alert control evaluation Type of strategic control Identifies key assumptions Strategic evaluation Effectiveness of strategy Effectiveness of strategy Rely on short term assessment Barrier in evaluation Audit and Executive committee True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( forward ) Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc. Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Executive committee Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Page 5

SM12 Money Your Answer Consistency with goals , Money , Knowledge Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Marketing plan Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Select The Blank Page 6 SM12 Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer True True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True Multiple Choice Single Answer Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Crisis Page 7 SM13 LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False

Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Single Answer Question These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Crisis Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Page 1 SM13 Correct Answer Top Management Your Answer Top Management Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Modular Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration Match The Following Question Correct Answer Your Answer 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion 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 Factor leading to Information Management Capability The Personnel System Factor leading to Personnel Capability Factor leading to

Personnel Capability Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Single Answer Question Degree to which the decision maker is accountable for the outcomes of the decision is Correct Answer accountability Your Answer accountability True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal Multiple Choice Single Answer Page 2 SM13 Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) 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 systems Your Answer Operational level systems Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer False True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely 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. Page 3 SM13 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 Answer Question 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 planning Your Answer Man-power planning Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability Page 4 SM13 Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons

Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Technical skills , Cognitive skills , Emotional Intelligence Page 5 SM13 Quotient Your Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Select The Blank Question A hardware manufacture enters into software is an example of ________ integration. Correct Answer horizontal Your Answer vertical ( forward) True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Page 6

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

Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True Multiple Choice Single Answer

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www.pdfwizard .com Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Relevance of apprasial , Procedure of appraisal , Individual appraisal Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment

DocuCom PDF Trial www.pdfwizard .com Your Answer fit between the firm and its environment Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , 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 occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for

divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , market reaction Match The Following Question Correct Answer Your Answer Fit SWOT analysis SWOT analysis

DocuCom PDF Trial www.pdfwizard .com 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 Answer Question Factors encouraging joint ventures are Correct 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/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is

DocuCom PDF Trial www.pdfwizard .com Correct Answer decision tree Your Answer decision tree

Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Statistical quality control Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True

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www.pdfwizard .com Your Answer True Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer External auditor Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance

DocuCom PDF Trial www.pdfwizard .com Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer departmentation Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management

Your Answer Top Management Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants

DocuCom PDF Trial www.pdfwizard .com Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True

Your Answer False Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Ruchi LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Multiple Answer

DocuCom PDF Trial www.pdfwizard .com Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure

Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management

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www.pdfwizard .com Your Answer Moral management Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer specialization Match The Following Question Correct Answer Your Answer strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own supplier True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system

Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Select The Blank Question GATT stands for ________.

DocuCom PDF Trial www.pdfwizard .com Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer

Question Core purpose Correct Answer mission Your Answer mission Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer mission

DocuCom PDF Trial www.pdfwizard .com Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True

Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question The preparation of ETOP involves

DocuCom PDF Trial www.pdfwizard .com Correct 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 Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , market reaction True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management

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www.pdfwizard .com Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Strategic intent Correct 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 Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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.

DocuCom PDF Trial www.pdfwizard .com 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 Following Question 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 Multiple Answer Question Factors encouraging joint ventures are Correct Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other Your Answer uneconomical separate existence , sharing competence of each other , monopoly of one company Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour

Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Select The Blank

DocuCom PDF Trial www.pdfwizard .com 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 systems Your Answer Operational level systems Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer Easy availability of resources Vinit LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely True/False

Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question All policies are 'statements' Correct Answer False Your Answer True Multiple Choice Single Answer Question Secondary sources of information are

DocuCom PDF Trial www.pdfwizard .com Correct Answer newspapers, magazines, journals etc. Your Answer research, surveys, interviews etc. Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question Macro environment has got immediate impact on business. Correct Answer False

Your Answer False 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 Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer expansion strategy Multiple Choice Multiple Answer

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www.pdfwizard .com Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Profit margin , Competition level Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer False Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics

DocuCom PDF Trial www.pdfwizard .com Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity

Your Answer familiarity Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Multiple Choice Multiple Answer Question Criteria for making an evaluation are

DocuCom PDF Trial www.pdfwizard .com Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment.

Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness

DocuCom PDF Trial www.pdfwizard .com True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile True/False

Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising Multiple Choice Multiple Answer Question The preparation of ETOP involves

DocuCom PDF Trial www.pdfwizard .com Correct 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 Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources , Expertise Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Division of labour , Departmentalisation Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is

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www.pdfwizard .com Correct Answer Moral management Your Answer Moral management Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Informal Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time

DocuCom PDF Trial www.pdfwizard .com Sunil LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders True/False Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile

Your Answer environmental threat & opportunity profile True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Relevance of apprasial , Procedure of appraisal , Individual appraisal Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , 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 occur

Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , market reaction 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 Multiple Answer Question Factors encouraging joint ventures are Correct 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/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is

Correct Answer decision tree Your Answer decision tree Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Statistical quality control Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self-awareness Multiple Choice Single Answer Question A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is Correct Answer Supply chains Your Answer Supply chains Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer External auditor Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders

Correct Answer Psychologists Your Answer Psychologists Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True Multiple Choice Single Answer Question It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments Correct Answer departmentation Your Answer departmentation Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants

Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer False Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Ruchi LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee Your Answer Audit committee Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Your Answer Systems True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True True/False Question Business ethics is how personal norms do not apply to activities

& goals of a commercial firm. Correct Answer False Your Answer False Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer specialization Match The Following Question Correct Answer Your Answer strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit. vertical forward integration means becoming your own customer becoming your own customer horizontal integration means additional product/service for same customers additional product/service for same customers vertical backward integration means becoming your own supplier becoming your own supplier True/False Question HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity

Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Emotional quotient Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer mission Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis

Your Answer internal analysis Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , market reaction True/False Question Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True Your Answer True Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Strategic intent Correct 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 Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Following Question 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 Multiple Answer Question Factors encouraging joint ventures are Correct Answer uneconomical separate existence , risk of business gets shared , sharing competence of each other Your Answer uneconomical separate existence , sharing competence of each other , monopoly of one company Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False

Your Answer True 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 systems Your Answer Operational level systems Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer Easy availability of resources Vinit LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer move slowly & surely Your Answer move slowly & surely True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question All policies are 'statements' Correct Answer False Your Answer True Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer research, surveys, interviews etc. Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants Your Answer by employees , by research agencies , by consultants True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False 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 Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer expansion strategy Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Profit margin , Competition level Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased market power , Increased diversification , Increased speed to market Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True Your Answer False Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision Your Answer Conceptual, human & intellectual skills , Decision making ability

, Vision Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment Multiple Choice Single Answer Question The cornerstone of financial planning process of all organizations because of the cost, control and risk considerations which influence overall value of the firm is Correct Answer Capital structure planning Your Answer Capital structure planning Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness

Your Answer Self-awareness True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Your Answer more usage True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct 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 Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources , Expertise Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Division of labour , Departmentalisation Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational

model Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Informal Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time