Strategic Management
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SM assgn :01: Shagun 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 Your Answer
Select The Blank Question
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy 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 True/False Question
External auditor
Correct Answer
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. 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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Correct Answer
Counterfeiter copy but with a difference that can be seen. False
Your Answer True/False Question
True
Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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
Select The Blank Question
Reserve the right to play
________ 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
True/False
Conceptual, human & intellectual skills , Decision making ability , communication skills
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 Your Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates 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 Your Answer
Select The Blank Question
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy clarity in strategy & responsibilities , blending cultures
________ 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 Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. True
Your Answer
True
True/False Question Correct Answer
Change in company's strategy gives rise to problems necessitating a new structure to be made 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 Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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 Your Answer
True/False Question
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. obsession with an organization , what the organization strives for. , concept of optimization
Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. False
Your Answer
False
Select The Blank Question Correct Answer
________ should have the ability to develop a visionto see patterns into the future. 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 Correct Answer
Changes in company structure also necessitates changes in the systems in various degrees True
Your Answer
False
Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Your Answer Select The Blank Question
Operational level system , Knowledge level system , Management level system Knowledge level system , Management level system , Operational level system
Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 Your Answer
Increased market power , Increased diversification , Increased speed to market 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
True/False Question
Resources , Competence , Time , Strategies
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 Your Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information 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 Correct Answer
Japan's major productivity gains are the results of social changes brought about by ________ 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 Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Self-awareness
Your Answer
Emotional quotient
True/False Question Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees 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 Select The Blank Question
Company secretary , Auditor , Financial controller
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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
Companies have strenghts in a number of areas but their key strength are few in number True
Your Answer
True/False Question
True
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 Your Answer
Select The Blank Question
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Correct Answer
________ relationships are effective in communicating complex information 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 Correct Answer
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. 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 Your Answer
favorable condition in the organization's environment. Strategy
Select The Blank Question Control should involve________ amount of information. Correct Answer Your Answer
Minimum Maximum
Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Your Answer
Premise control 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 Your Answer
common enemy 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 Correct Answer Your Answer
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. False False
Multiple Choice Single Answer Question Core purpose Correct Answer Your Answer
mission 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 CRM Answer Your Answer CRM
True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Three C's affecting today's companies are customer, competition & change True True
The super structure indicates ways in which company's tasks are integrated or coordinated True True
Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer Your Answer
contraction of business activities contraction of business activities
Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Your Answer
Research and planning , Forecasting 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 Your Answer
True/False Question Correct Answer Your Answer
core competence core competence
The actual performance matches the budgeted performance. This is a realistic situation. False False
Multiple Choice Multiple Answer Question market research is conducted by Correct Answer Your Answer
True/False Question Correct Answer Your Answer
by employees , by research agencies , by consultants by employees , by research agencies , by consultants
Excelling in one market guarantees success in a new. False False
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Adapters Answer Your Answer Options
Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Your Answer
True/False Question
Austere Model , Vendors Model , Civic Model Austere Model , Vendors Model , Civic Model
Scheduling is a part of strategic management.
Correct Answer Your Answer
True/False Question Correct Answer Your Answer
False False
Micro environment is the internal environment of a company. False True
Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Reserve the right to play Answer Your Answer Reserve the right to play
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Your Answer
Checking performance , Reformulate strategies , Standard check Checking performance , Formulate plans , Standard check
Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Your Answer
Intelligence , Information , Expertise Information , Expertise , Intelligence
Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Your Answer
Inner Circle , Intermediate circle , Outer Circle Inner Circle , Intermediate circle , Outer Circle
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Your Answer
True/False Question Correct Answer
Personal Personal
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 operational decisions Answer Your Answer operational decisions
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer Your Answer
core competence core competence
Multiple Choice Single Answer Question Export entry modes are Correct Answer Your Answer
direct/indirect export 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 Culture Answer Your Answer Class
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Rites , Myths , Rituals Myths
Environmental competitiveness tends to encourage ethical behaviour. False 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 Operational level systems Answer Your Answer Operational level systems
Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Your Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient 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 Your Answer
more usage more usage
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of nonproducing Correct Traditional Answer Your Answer Mathematical
True/False Question Correct Answer Your Answer
Systems are formal and informal rules and regulations that complements the company structure True True
Multiple Choice Multiple Answer Question They have time based utility Correct Answer Your Answer
Goals , Resources Goals , Resources
Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Your Answer
Assumes factory as an isolated entity , It measures only the cost of producing 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 Your Answer
internal analysis SWOT analysis
Multiple Choice Multiple Answer
Question Correct Answer Your Answer
Niche marketing means end user specialist , specific customer specialist , geographic specialist 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 Your Answer
Systems Statistical quality control
Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Chief executive Answer Your Answer Board of directors
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Delegation Answer Your Answer Direction
Multiple Choice Single Answer Question Associated external agencies means Correct Answer Your Answer
channel members, customers, suppliers etc. 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 Correct Answer
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. 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
Match The Following Question
Forecasting , Control mechanism , Departmentalisation , Specialisation
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 Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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 Correct Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. 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
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 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 Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. 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
Select The Blank Question
Operational evaluation
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
product performance analysis
Select The Blank Question Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders 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 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. 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 Your Answer
Select The Blank Question
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export , internal inadequacies
Correct Answer
________ should have the ability to develop a visionto see patterns into the future. 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 Correct Answer
Numerator may bring short-term results, but there may be serious longterm sacrifices. False
Your Answer
True
Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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
Select The Blank Question
Research and planning , Forecasting , Division of labour , Departmentalisation
Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. 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
True/False Question
Culture
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 Correct Answer
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc. Operational level systems
Your Answer
Operational level systems
Match The Following Question strategic alliances means
Correct Answer
Your Answer
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 Your Answer
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy blending cultures , provide for an exit strategy , clarity in strategy & responsibilities
Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer Your Answer
Select The Blank Question
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Correct Answer
Cadbury's add in which Amitabh Bachchan clarifies abou t the safety of the product (dairy milk) is an example of ________ defense. counteroffensive
Your Answer
counteroffensive
Select The Blank Question Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 & S.M. is the formulation & implementation of plans related to implementation of plans related to total organization. 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
True/False Question
Funcational streategies
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
Select The Blank Question
Environment Protection Act
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 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. 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 Correct Answer
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. 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
True/False Question
favorable condition in the organization's environment.
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 Correct Answer
Style of a company are the patterns of actions taken by members of top management over a period of time 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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
Select The Blank Question
Company secretary , Auditor , Financial controller
Correct Answer
________ models can be described as a system that describe how pieces of business fit together. 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 Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False
Your Answer
False
True/False Question Correct Answer
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 Your Answer
Audit committee Audit committee
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Your Answer
Strategic business Units Strategic business Units
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Your Answer
Strategy Strategy
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Your Answer
Systems Systems
Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct role model Answer Your Answer role model
Multiple Choice Single Answer Question Secondary sources of information are Correct Answer Your Answer
newspapers, magazines, journals etc. newspapers, magazines, journals etc.
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer Your Answer
long- range planning long- range planning
Multiple Choice Single Answer Question Export entry modes are Correct Answer Your Answer True/False Question Correct Answer Your Answer
direct/indirect export direct/indirect export
Scheduling is a part of strategic management. False False
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer Your Answer
fit between the firm and its environment 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 Your Answer
radio, TV, internet etc. 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
True/False Question Correct Answer Your Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True True
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Your Answer
Time Time
Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer Your Answer
vertical ( forward ) 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 departmentation Answer Your Answer departmentation
Multiple Choice Multiple Answer Question Organizational models are Correct Answer Your Answer
multinational model , international model , global organizational model 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 Capital structure planning Answer 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
True/False Question Correct Answer Your Answer
Imitator
Excelling in one market guarantees success in a new. False False
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Your Answer
Statistical quality control Statistical quality control
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Your Answer
Checking performance , Reformulate strategies , Standard check Checking performance , Reformulate strategies , Standard check
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Your Answer
Business process Business process
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer
demand & supply of money, capital markets demand & supply of money, capital markets
Arranging training program on productivity is a strategic decision. False False
Change in company's strategy gives rise to problems necessitating a new structure to be made True
Your Answer
True
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Your Answer
Inner Circle , Intermediate circle , Outer Circle Inner Circle , Intermediate circle , Outer Circle
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Your Answer True/False Question Correct Answer Your Answer
Creativity , Delegation , Co-ordination Creativity , Delegation , Co-ordination
Three C's affecting today's companies are customer, competition & change True True
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer Your Answer
goals , policies , procedures policies , procedures , corporate strategy
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer 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 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 Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 Your Answer True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Capital Capital
Companies have strenghts in a number of areas but their key strength are few in number True True
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True True
Select The Blank Question GATT stands for ________. Correct Answer Your Answer
True/False Question Correct Answer Your Answer
general agreement on trade & tariff general agreement on trade & tariff
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False True
Multiple Choice Single Answer Question Core purpose Correct Answer Your Answer
mission mission
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer Your Answer True/False Question
competitive advantage profile competitive advantage profile
Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer Your Answer
True True
Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Strategic evaluation Answer Your Answer Strategic evaluation Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Psychologists Answer Your Answer Psychologists
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer Your Answer
True/False Question Correct Answer Your Answer
favorable condition in the organization's environment. favorable condition in the organization's environment.
Counterfeiter copy but with a difference that can be seen. False 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 Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Self-awareness
Your Answer
Self-awareness
Select The Blank Question Correct Answer
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc. 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
Select The Blank Question
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Correct Answer
________ models can be described as a system that describe how pieces of business fit together. Business
Your Answer
Business
Select The Blank Question Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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 Your Answer
True/False Question
uneconomical separate existence , risk of business gets shared , sharing competence of each other uneconomical separate existence , risk of business gets shared , sharing competence of each other
Correct Answer
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. 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
True/False Question
Conceptual, human & intellectual skills , Decision making ability , communication skills
Correct Answer
Changes in company structure also necessitates changes in the systems in various degrees 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 Correct Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. 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
True/False Question
Staffing
Correct Answer
Change in company's strategy gives rise to problems necessitating a new structure to be made True
Your Answer
True
Select The Blank Question Correct Answer
In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. 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 Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Correct Answer
Numerator may bring short-term results, but there may be serious long-term sacrifices. 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 Correct Answer
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. 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
True/False Question
Systems
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
Select The Blank Question
SWOT analysis
first intensive target
Correct Answer
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc. 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 Correct Answer
A hardware manufacture enters into software is an example of ________integration. 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 Correct Answer
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
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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True
Your Answer
True
True/False Question Correct Answer
Systems are formal and informal rules and regulations that complements the company structure 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 Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings Labour
Your Answer
Fixed
Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct Answer Your Answer
uneconomical separate existence , risk of business gets shared , sharing competence of each other risk of business gets shared , sharing competence of each other
Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Correct Answer
Labour satisfaction may result in unethical behaviour as anger. False
Your Answer
True/False Question
False
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 Correct Answer
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Co-ordination
Your Answer
Centralization
Select The Blank Question Correct Answer
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. role model
Your Answer
role model
Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer Your Answer
True/False Question
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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
Multiple Choice Single Answer
Shapers
Question Correct Answer
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 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 Your Answer
True/False Question
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
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 Your Answer
True/False Question
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Multiple Choice Single Answer
Audit committee
Question Correct Answer
Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is significance
Your Answer
risk
True/False Question Correct Answer
Budgets are plans expressed in numerical terms usually in financial terms 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 Your Answer True/False Question
Increased market power , Increased diversification , Increased speed to market Increased market power , Increased diversification
Correct Answer
Companies have strenghts in a number of areas but their key strength are few in number True
Your Answer
True
True/False Question Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False
Your Answer
False
Select The Blank Question Correct Answer
Like roots of a tree, ________of organization is hidden from direct view. 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 Correct Answer
The super structure indicates ways in which company's tasks are integrated or coordinated 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
True/False Question
Staffing
Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. False
Your Answer
True
Select The Blank Question Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders 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 Your Answer
Select The Blank Question
uneconomical separate existence , risk of business gets shared , sharing competence of each other uneconomical separate existence , risk of business gets shared , sharing competence of each other
Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing Traditional
Your Answer
Traditional
Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Your Answer
Operational level system , Knowledge level system , Management level system 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
True/False Question
Structure
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 Your Answer
Increased market power , Increased diversification , Increased speed to market Increased market power , Increased diversification , Increased speed to market
Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate 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 Your Answer
uneconomical separate existence , risk of business gets shared , sharing competence of each other 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 Correct Answer
This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers 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
Your Answer
Match The Following
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process
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
Select The Blank Question
Culture
Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders Psychologists
Your Answer
Psychologists
Select The Blank Question Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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 Your Answer
trends and rate of change of technology , quality & no. of suppliers , logistics , raw material 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
True/False Question
Board of director
Correct Answer
Systems are formal and informal rules and regulations that complements the company structure True
Your Answer
True
True/False Question Correct Answer
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. 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 Correct Answer
Economics of scale requires ________. 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True
Your Answer
True
Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Your Answer
True/False Question
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
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 Correct Answer
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 Correct Answer
Companies have strenghts in a number of areas but their key strength are few in number 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 2
ND
SEM
SM 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 pre-mature 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
-1 -
-2 -
STRATEGIC MANAGEMENT 2
ND
SEM
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
-2 -
-3 -
STRATEGIC MANAGEMENT 2
ND
SEM
Question
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 Marketing goals 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
Taking decisions regarding efficient and effective allocation of resources
True/False
-3 -
-4 -
STRATEGIC MANAGEMENT 2
ND
SEM
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
-4 -
-5 -
STRATEGIC MANAGEMENT 2
ND
SEM
LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Select The Blank Question Correct Answer
________ identifies the impact of any change on performance Statistical quality control
True/False Question Correct Answer
Three C's affecting today's companies are customer, competition & change True
True/False Question Correct Answer
Getting new users is a position defense strategy. False
Select The Blank Question Correct Answer Select The Blank Question Correct Answer True/False Question Correct Answer
Module of Flotilla strikes an optimum balance of ________ and flexibility Standardization Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Co-ordination Scheduling is a part of strategic management. 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
-5 -
Your Answer
-6 -
STRATEGIC MANAGEMENT 2
ND
SEM
Policies
General statements and Combination of goals, policies, rules understanding which, guide thinking in decision-making
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 Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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
Correct Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. 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
-6 -
-7 Question Correct Answer True/False Question Correct Answer True/False Question Correct Answer
STRATEGIC MANAGEMENT 2
ND
SEM
Modern Accounting uses ________ as a unit of measure Time Divestiture is opposed to diversification. False The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders Psychologists
Select The Blank Question Correct Answer
Bajaj started manufacturing of sunny is an example of ________. concentration strategy
True/False Question Correct Answer
Environmental competitiveness tends to encourage ethical behaviour. 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
-7 -
-8 Select The Blank Question Correct Answer
STRATEGIC MANAGEMENT 2
ND
SEM
The ________ are distinct little business set up as units in a larger company 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 Correct Answer
Numerator may bring short-term results, but there may be serious long-term sacrifices. 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. Self-awareness
Correct Answer
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
-8 -
-9 Turnaround strategy
STRATEGIC MANAGEMENT 2
V.R.S.
ND
SEM
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 Correct Answer
Scheduling is a part of strategic management. 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 Correct Answer
Staffing function applies to all company levels irrespective of levels of hierarchy True
True/False Question Correct Answer
Macro environment has got immediate impact on business. False
Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money True/False Question Correct Answer
Micro environment is the internal environment of a company. 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.
-9 -
Correct Answer
Minimum
- 10 -
STRATEGIC MANAGEMENT 2
ND
SEM
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 Correct Answer
Reciprocal responsibility means equal blames and credit. False
True/False Question Correct Answer
Excelling in one market guarantees success in a new. 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 Correct Answer
Adapter duplicate the leader and claim to be similar or even the same. 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
- 10 -
Correct Answer
- 11 -
STRATEGIC MANAGEMENT 2
ND
Conceptual, human & intellectual skills , Decision making ability , Vision
SEM
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 Correct Answer
Timing of measurement before hand serves the purpose of evaluation. False
True/False Question Correct Answer
According to Michael Porter, the core of efficiency management is strategy. 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 Correct Answer
Arranging training program on productivity is a strategic decision. False
- 11 -
SM assgn : Hemant Multiple Choice Single Answer Question Secondary sources of information are Correct Answer Your Answer True/False Question Correct Answer Your Answer
newspapers, magazines, journals etc. newspapers, magazines, journals etc.
Changes in company structure also necessitates changes in the systems in various degrees True True
Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Asian Paints Answer Your Answer Asian Paints Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Your Answer
Conceptual, human & intellectual skills , Decision making ability , Vision Conceptual, human & intellectual skills , Decision making ability , Vision
Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Your Answer
Operational level system , Knowledge level system , Management level system 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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Your Answer
Creativity , Delegation , Co-ordination Creativity , Delegation , Co-ordination
Multiple Choice Single Answer Question Secondary sources of information are
Correct Answer Your Answer
newspapers, magazines, journals etc. 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 Crisis Answer Your Answer Emergency Multiple Choice Multiple Answer Question Niche marketing means Correct Answer Your Answer
end user specialist , specific customer specialist , geographic specialist 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 Your Answer
Conceptual, human & intellectual skills , Decision making ability , Vision 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 Flotilla concept Answer Your Answer Flotilla concept Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer Your Answer
True/False Question Correct Answer Your Answer
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy provide for an exit strategy , clarity in strategy & responsibilities , blending cultures
Environmental competitiveness tends to encourage ethical behaviour. False False
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Your Answer
Personal Personal
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer Your Answer
unfavorable conditions in external environment. 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 Staffing Answer Your Answer Staffing
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer Your Answer
True/False Question Correct Answer Your Answer
internal analysis internal analysis
According to Michael Porter, the core of efficiency management is strategy. True True
Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates Correct Answer Your Answer
Shapers Shapers
Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Planned performance , Variances , Reasons Planned performance , Variances , Reasons
Systems are formal and informal rules and regulations that complements the company structure True 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 Your Answer
True/False Question Correct Answer Your Answer
high market share high market share
Style of a company are the patterns of actions taken by members of top management over a period of time True True
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer Your Answer
concentration strategy concentration strategy
Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Your Answer
Capital 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 Strategic surveillance Answer 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 Your Answer
True/False Question Correct Answer Your Answer
Leaders Leaders
Excelling in one market guarantees success in a new. False False
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer Your Answer
vertical ( forward ) vertical ( forward )
Multiple Choice Single Answer Question Mass media includes Correct Answer Your Answer
radio, TV, internet etc. radio, TV, internet etc.
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer Your Answer
long- range planning long- range planning
Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Your Answer
Structure Structure
Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Your Answer
Debt , Equity Debt , Risk , Equity
True/False Question Correct Answer Your Answer
Macro environment has got immediate impact on business. False 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 Your Answer
vertical ( backward ) integration horizontal integration
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer Your Answer
More dogs , Few stars More dogs , Few stars
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer
Labour Labour
Counterfeiter copy but with a difference that can be seen. False False
Three C's affecting today's companies are customer, competition & change True
Your Answer
True
Multiple Choice Single Answer Question Investment entry mode are Correct Answer Your Answer
True/False Question Correct Answer Your Answer
joint venture/independent ventures/subsidiaries joint venture/independent ventures/subsidiaries
Under functional strategics we have vertical fit & horizontal fit. True True
Multiple Choice Multiple Answer Question Merger takes place Correct Answer Your Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates 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 Your Answer
Minimum 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 Your Answer
True/False Question
dividing environment into sectors , sub factors , analyze impact of each secto r & 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 , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
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
True/False Question
risk
Correct Answer
Change in company's strategy gives rise to problems necessitating a new structure to be made True
Your Answer
True
Multiple Choice Multiple Answer Question A Company's strategy
Correct Answer Your Answer
Select The Blank Question
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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
True/False Question
Board of directors
Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. 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 Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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
Select The Blank Question
Structure
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 Correct Answer
Companies have strenghts in a number of areas but their key strength are few in number 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 Taking decisions regarding efficient efficient and effective allocation of and effective allocation of resources 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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 Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. 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 Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. 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
Select The Blank Question Correct Answer
Company secretary , Auditor , Financial controller
________ identifies the impact of any change on performance Statistical quality control
Your Answer
Statistical quality control
Multiple Choice Multiple Answer Question Strategic intent Correct Answer Your Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. 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
True/False Question
Adapters
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 Correct Answer
A hardware manufacture enters into software is an example of ________integration. 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 Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 Select The Blank Question
Research and planning , Forecasting
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
True/False Question
Business process
Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. 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 Your Answer
Operational level system , Knowledge level system , Management level system 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 Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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 Link between company & external environment 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 Your Answer
Assumes factory as an isolated entity , It measures only the cost of producing 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 Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate 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
Your Answer
Select The Blank Question
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. 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.
Correct Answer
In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. 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 True/False
leadership
Question Correct Answer
Staffing function applies to all company levels irrespective of levels of hierarchy 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
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
Your Answer
Correct Answer
Japan's major productivity gains are the results of social changes brought about by ________ Statistical quality control
Your Answer
Statistical quality control
Multiple Choice Single Answer Question Strategic management deals with Correct Answer
Business process
Your Answer
True/False Question
Business process
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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees 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 Correct Answer
Changes in company structure also necessitates changes in the systems in various degrees 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
Select The Blank Question
Research and planning , Forecasting
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 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 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 strategic alliances means
Correct Answer
Your Answer
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 Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. 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 Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. 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
Select The Blank Question
Company secretary , Auditor , Financial controller
Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer
core competence
Your Answer
core competence
Select The Blank Question Correct Answer
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc. Operational level systems
Your Answer
Operational level systems
Select The Blank Question Correct Answer
________ models can be described as a system that describe how pieces of business fit together. 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 Correct Answer
Staffing function applies to all company levels irrespective of levels of hierarchy True
Your Answer
True
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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 Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Your Answer
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 v
Board of director
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 Life cycle considerations & avoiding strategies
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
True/False Question
Operational control
Acquisitions which are friendly are termed as "take-overs".
Correct Answer False Your Answer
True/False Question
False
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 Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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 Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders Psychologists
Your Answer
Psychologists
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer Your Answer
dividing environment into sectors , sub factors , analyze impact of each sub factor on organization , description of impact of each subfactor into statement which is positive, neutral or negative. dividing environment into sectors , sub factors , analyze impact of each sub factor on organization , description of impact of each subfactor into statement which is positive, neutral or negative.
sector & a sector & a
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 Correct Answer
Numerator may bring short-term results, but there may be serious long-term sacrifices. False
Your Answer
True
True/False Question Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees True
Your Answer
True
Match The Following Question
Correct Answer
Your Answer
Top level Executives
Taking decisions regarding Taking decisions regarding efficient efficient and effective allocation of and effective allocation of resources 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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. False
Your Answer
False
True/False Question Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True
Your Answer
True
Select The Blank Question Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Self-awareness
Your Answer
Self-awareness
Multiple Choice Multiple Answer Question Strategic intent Correct Answer Your Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Multiple Choice Single Answer
Question Correct Answer
Empower people through great software anytime , any place, on any device'Microsoft 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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
Your Answer
of any change on performance , Instantly spots malfunctions and show where they occur 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
True/False Question
Chief executive
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
Select The Blank Question
Conceptual, human & intellectual skills , Decision making ability
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 Your Answer
Ethics Ethics
Multiple Choice Multiple Answer Question Core ideology Correct Answer Your Answer
core values , core purpose core values , core purpose
Select The Blank Question Factors leading to personnel capability are________. Correct Answer Your Answer
IR, OB IR, OB
Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Systems Answer Your Answer Systems
Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Your Answer
Structure Status
Multiple Choice Single Answer Question Associated external agencies means Correct Answer Your Answer
channel members, customers, suppliers etc. channel members, customers, suppliers etc.
Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer Your Answer
supply chain supply chain
Select The Blank
Question Correct Answer Your Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders Psychologists Psychiatrists
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Your Answer
Checking performance , Reformulate strategies , Standard check Checking performance , Reformulate strategies , Standard check
Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer Your Answer
True/False Question Correct Answer Your Answer
programmed decisions programmed decisions
Micro environment is the internal environment of a company. False False
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Your Answer
Control mechanism , Departmentalisation Control mechanism , Departmentalisation , Specialisation
Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient Technical skills , Cognitive skills , Emotional Intelligence Quotient
Focused company is generally protected from competition. True True
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of nonproducing
Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Traditional Traditional
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True True
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer Your Answer
unfavorable conditions in external environment. unfavorable conditions in external environment.
Select The Blank Question ETOP stands for ________. Correct Answer Your Answer
environmental threat & opportunity profile environmental threat & opportunity profile
Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Your Answer
Debt , Equity Risk , Equity , Return
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Your Answer
vertical ( forward ) 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 Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
environmental threat & opportunity profile environmental threat & opportunity profile
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True True
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. False False
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True True
Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Co-ordination Answer Your Answer Co-operation
True/False Question Correct Answer Your Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. False False
Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Self-awareness Answer
Your Answer
Emotional quotient
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Your Answer
Statistical quality control Statistical quality control
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer Your Answer
inherent inadequacy of organization inherent inadequacy of organization
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer Your Answer
concentration strategy 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 Your Answer
decision tree decision tree
Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer Your Answer
No-regret moves No-regret moves
Multiple Choice Multiple Answer
Question Correct Answer Your Answer
Three important managerial qualities required for the effective strategic management Conceptual, human & intellectual skills , Decision making ability , Vision Conceptual, human & intellectual skills , Decision making ability , Vision
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Your Answer
Dogs , Question marks Question marks , Stars , Cash cowsCash cowsc
Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False False
Multiple Choice Single Answer Question Export entry modes are Correct Answer Your Answer
direct/indirect export direct/indirect export
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Your Answer
Self-discipline 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 Taking decisions regarding efficient efficient and effective allocation of and effective allocation of resources resources
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Factors of appraisal , Relevance of apprasial , Procedure of appraisal Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Counterfeiter copy but with a difference that can be seen. False 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 Culture Answer Your Answer Culture
Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Your Answer
inherent inadequacy of organization inherent inadequacy of organization
Multiple Choice Single Answer Question Mass media includes Correct Answer Your Answer
radio, TV, internet etc. radio, TV, internet etc.
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Your Answer
Factors of appraisal , Relevance of apprasial , Procedure of appraisal Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Your Answer
Creativity , Delegation , Co-ordination Creativity , Delegation , Co-ordination
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Your Answer
Self-discipline Self-discipline
Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Debt , Equity Debt , Equity
Under functional strategics we have vertical fit & horizontal fit. True 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 Your Answer
Staffing Staffing
Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Your Answer
Increased market power , Increased diversification , Increased speed to market 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 role model Answer Your Answer role model Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Your Answer True/False Question Correct Answer Your Answer
Structure Style
Reciprocal responsibility means equal blames and credit. False False
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Delegation Answer Your Answer Delegation Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Statistical quality control Answer Your Answer Statistical quality control Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer Your Answer
fit between the firm and its environment fit between the firm and its environment
True/False Question Correct Answer Your Answer
Getting new users is a position defense strategy. False False
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer Your Answer
unfavorable conditions in external environment. 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 Systems Answer Your Answer Systems True/False Question Correct Answer Your Answer True/False Question Correct Answer Your Answer
Budgets are plans expressed in numerical terms usually in financial terms True True
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False False
Multiple Choice Multiple Answer Question market research is conducted by Correct Answer Your Answer True/False Question Correct Answer Your Answer
by research agencies , by consultants , by employees by employees , by research agencies , by consultants
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True True
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of
Correct Answer Your Answer
Top Management 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 Flotilla concept Answer Your Answer Flotilla concept Multiple Choice Single Answer Question Maintain strategies means Correct Answer Your Answer
no change in strategies maintain environmental changes
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Correct Answer Your Answer
Different kinds of information systems are Operational level system , Knowledge level system , Management level system 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 Operational level systems Answer Your Answer Operational level systems Multiple Choice Multiple Answer Question Core ideology Correct Answer Your Answer
core values , core purpose core values , core purpose
Select The Blank Question GATT stands for ________. Correct Answer Your Answer
general agreement on trade & tariff general agreement on trade & tariff
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Your Answer True/False Question Correct Answer Your Answer True/False Question Correct Answer Your Answer
Dogs , Question marks Question marks , Cash cowsCash cowsc
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. False False
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Your Answer
Option Valuation model 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 Crisis Answer Your Answer Crisis True/False Question Correct Answer Your Answer
Scheduling is a part of strategic management. False True
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Your Answer
Time Time
Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer Your Answer
move slowly & surely move slowly & surely
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer Your Answer True/False
internal analysis product performance analysis
Question Correct Answer Your Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. False True
Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Your Answer
Conceptual, human & intellectual skills , Decision making ability , Vision Conceptual, human & intellectual skills , Decision making ability , Vision
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Your Answer
Rites , Myths , Rituals 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 Big bets Answer 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 Select The Blank Question
Strategy
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 Your Answer Select The Blank Question
Increased market power , Increased diversification , Increased speed to market Increased market power , Increased diversification , Increased speed to market GATT stands for ________.
Correct Answer
general agreement on trade & tariff
Your Answer
general agreement on trade & tariff
Select The Blank Question Correct Answer
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. 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 Select The Blank Question
Conceptual, human & intellectual skills , Decision making ability , Vision
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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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
True/False Question
Conceptual, human & intellectual skills , Decision making ability , Vision
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 Correct Answer
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. more usage
Your Answer
more usage
Select The Blank Question Correct Answer
A hardware manufacture enters into software is an example of ________integration. 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
Select The Blank Question
Adapters
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 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. 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Multiple Choice Single Answer Question Secondary sources of informatio n 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 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 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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 Correct Answer
Macro environment has got immediate impact on business. False
Your Answer
True/False Question
False
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
True/False Question
Man-power planning
Staffing function applies to all company levels irrespective of levels of hierarchy
Correct Answer
True
Your Answer
True
True/False Question Correct Answer
Style of a company are the patterns of actions taken by members of top management over a period of time 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 Correct Answer
Style of a company are the patterns of actions taken by members of top management over a period of time 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 Correct Answer
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. role model
Your Answer
qualitative
Match The Following Question
Correct Answer
strategic alliances means
Your Answer
two or more entities join hands for two or more entities join hands for mutual benefit. 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 Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False
Your Answer
True
Select The Blank Question Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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
Select The Blank Question
Man-power planning
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 Link between company & external environment 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
Your Answer
dividing environment into sectors , sub factors , analyze impact of each sub factor on organization , description of impact of each subfactor into statement which is positive, neutral or negative. dividing environment into sectors , sub factors , analyze impact of each sub factor on organization , description of impact of each subfactor into statement which is positive, neutral or negative.
sector & a sector & a
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
Select The Blank Question
Staffing
Correct Answer
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. 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 Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees 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 Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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 Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate 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 Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 Select The Blank Question
Receivables planning
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 Select The Blank Question
significance
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 Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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 Select The Blank Question
Adapters
Correct Answer
Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. 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
True/False Question
resource allocation
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 Crusial problem that affect success to make unconventional decisions
Social Responsibility
Managers to maintain high ethical Managers to maintain high ethical standards 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
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
Match The Following Question
Explicit knowledge
Select The Blank Question
Formal & Systematic
Social, Political, legal & technology
Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. more usage
Your Answer
more usage
Select The Blank Question Correct Answer
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. 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 Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders 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 , For ecasting 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 Correct Answer
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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 Correct Answer
Change in company's strategy gives rise to problems necessitating a new structure to be made True
Your Answer
True
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer Your Answer
Select The Blank Question
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
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 Your Answer
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy 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 Correct Answer
Counterfeiter copy but with a difference that can be seen. 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 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. 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 Your Answer
True/False Question
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
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 Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. 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 Correct Answer
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 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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 Correct Answer
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Co-ordination
Your Answer
Select The Blank Question
Centralization
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
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
Your Answer
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)
33.
Chief executive External auditor Financial controller These are moves that will pay off irrespective of what happens in the future
a) b) c) d) 39.
Audit committee
Options Big bets No-regret moves Reserve the right to play 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 Correct Answer
The super structure indicates ways in which company's tasks are integrated or coordinated 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 Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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 Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 Correct Answer
Japan's major productivity gains are the results of social changes brought about by ________ 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
True/False Question
Control
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
Select The Blank Question
Company secretary , Auditor , Financial controller
Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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 Managers to develop the courage to make unconventional decisions to make unconventional decisions
Social Responsibility
Managers to maintain high ethical Managers to maintain high ethical standards 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 Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders 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 Your Answer
True/False Question Correct Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Focused company is generally protected from competition. True
Your Answer
Select The Blank Question
False
________ 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 Matching, converting, minimizing & avoiding strategies & 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 Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate 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
True/False Question
goals , policies , procedures
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/False Question
True
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
True/False Question
licensing / franchising
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 Another method of implementation control 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
True/False Question
Planned performance , Variances , Motivation
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 Correct Answer Your Answer
Staffing function applies to all company levels irrespective of levels of hierarchy True True
Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Your Answer
Increased market power , Increased diversification , Increased speed to market Increased diversification , Increased speed to market , Increased market power
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer Your Answer
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Multiple Choice Multiple Answer Question Merger takes place Correct Answer Your Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates 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 Your Answer
vertical ( forward ) vertical ( forward )
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Your Answer
Time Goals
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer Your Answer
concentration strategy concentration strategy
Multiple Choice Single Answer
Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
A Large-scale community development project was funded to enable farmers to use local resources effectively by Asian Paints Asian Paints
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True True
Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Your Answer
Flotilla 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 Staffing Answer Your Answer Staffing
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer Your Answer
vertical ( forward ) horizontal
Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Reserve the right to play Answer Your Answer Reserve the right to play
Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Your Answer
Inner Circle , Intermediate circle , Outer Circle Inner Circle , Intermediate circle , Outer Circle
Multiple Choice Multiple Answer Question supplier & technological environment is concerned with
Correct Answer Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
programmed decisions programmed decisions
Labour satisfaction may result in unethical behaviour as anger. False False
Reciprocal responsibility means equal blames and credit. False False
Excelling in one market guarantees success in a new. False False
Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer Your Answer
vision vision
Select The Blank Question ETOP stands for ________. Correct Answer Your Answer
environmental threat & opportunity profile 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 Your Answer
True/False Question Correct Answer Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Vital ingredient in determinig it's future , Only factor determing it's success or failure , may result in disaster if inappropriate
Three C's affecting today's companies are customer, competition & change True True
Select The Blank Question Control should involve________ amount of information. Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Minimum Maximum
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. False 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 Your Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. obsession with an organization , what the organization strives for. , concept of optimization
Multiple Choice Multiple Answer
Question Correct Answer Your Answer
Attack strategies are frontal attack , flank attack , encirclement attack frontal attack , flank attack , encirclement attack
Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Your Answer
Moral management Moral management
Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Your Answer
Assumes factory as an isolated entity , It measures only the cost of producing 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 Your Answer
Market attractiveness , Business strength Business strength , Profit margin , Competition level
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer Your Answer
core competence goodwill
Select The Blank Question Factors leading to personnel capability are________. Correct Answer Your Answer
True/False Question Correct Answer Your Answer
IR, OB PRM
All policies are 'statements' False True
Multiple Choice Single Answer Question W in SWOT stands for
Correct Answer Your Answer
True/False Question Correct Answer Your Answer
inherent inadequacy of organization inherent inadequacy of organization
Divestiture is opposed to diversification. False True
Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Your Answer
Leaders 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 Man-power planning Answer 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 Your Answer
multinational model , international model , global organizational model 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 Your Answer
Premise control Strategic surveillance
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer Your Answer
internal analysis internal analysis
Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer Your Answer
True/False Question Correct Answer Your Answer
move slowly & surely move slowly & surely
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False 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 Operational level systems Answer Your Answer Operational level systems
Multiple Choice Single Answer Question General Electric Matrix is divided into how many cells Correct Answer Your Answer
9 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 Difference between desired and projected performance 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 Your Answer
Operational level system , Knowledge level system , Management level system 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
Select The Blank Question
Strategic evaluation
Control should involve________ amount of information.
Correct Answer
Minimum
Your Answer
Minimum
Select The Blank
Question Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Self-awareness
Your Answer
Emotional quotient
True/False Question Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True
Your Answer
True
Select The Blank Question Correct Answer
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. 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 Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees True
Your Answer
True
True/False Question Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. 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
Select The Blank Question
Supply chains
Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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 Correct Answer
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. 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 True/False
vertical ( forward )
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 what the company is and why it exists. 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
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 H ammer & 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 Correct Answer
________ should have the ability to develop a visionto see patterns into the future. 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
True/False Question
Supply chains
Style of a company are the patterns of actions taken by members of top management over a period of time
1
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
2
Your Answer
True/False Question
Conceptual, human & intellectual skills , Decision making ability , Vision
Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. True
Your Answer
True
Select The Blank Question Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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
Select The Blank Question
Staffing
Correct Answer
Japan's major productivity gains are the results of social changes brought about by ________ 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
3
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 Correct Answer
Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. 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.
4
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
Select The Blank Question Correct Answer
leadership
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Self-awareness
5
Your Answer
Emotional quotient
Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Your Answer
Select The Blank Question
Increased market power , Increased diversification , Increased speed to market Increased market power , Increased diversification , Increased speed to market
Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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
6
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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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
7
Topics Evolution of Stratigic Management Importance of Strategic Management Alfred Chandler William Glueck Strategic Business Unit Levels of Strategy Issues in Strategic Decision Making Stragists and their role in Strategic Management Glueck Hofer Ansoff Sharplin Harrison & St. John StrategicPlanning Process Company Mission & vision Core Values Core Purpose Benefits of a Vision Characteristics of a Mission Statement Key Elements in Developing a Mission Statement Characteristics/Features of a Mission Statement Function of a Mission Statement Need for a Written Mission Statement Contents of Mission Statement C.K. Prahlad & Gray Hamel Strategic Indent Stretch, Leverage and FIT Goals & Objectives Role of Objectives Characteristics of Objective Factors to be considered Objective- setting Critical Success Factors Concept of Environment External & Internal Environment Environment Scanning Sources of Information for Enviornment Scanning Methods and techniques used for environmental scanning Organizational Appraisal Factors Method & Techniques Structuring Environmental Appraisal Grand Strategies Bdimensions of Business Definition Stability Strategy Different type of Diversification strategies Expansion through cooperation Mergers Strategic Alliances Type of Internal Strategies Stopford & Well's International Structure Model Three Differenet Organization Models
Page No 1 2 8 8 10 11 12 13 17 17 17 17 17 18 20 21 21 23 23 23 24 25 25 25 26 26 28 29 29 29 30 30 35 37 38 38 39 42 44 45 45 49 49 50 51 52 52 58 59 59 61
Entry Modes Retrenchment Strategies Turnaround Strategies Divestment Strategies Costs of the corporation Cost of the Unit Depressesd Exit Price Making it Happen Identifying candidates for divestiture Structure the deal and communicate the decision creation and destruction combination Strategies Dimensions of Grand Strategies Business Level Strategies Cost Leadership Differentiation Focus Other Business Strategies Defending Market Share Strategies for a Market Follower Strategies of Market Challenger Strategies of Niche Marketer Strategic Decision Making Under Uncertainty Strategic Posture That can be taken Strategic Portfolio of Actions MCKINSEY 7 S Model Mckinsey 7-S Framework Super ordinate goals Structure System Style Skills Crating New Market Space Looking Across Substitutes Looking across strategic groups within industries Looking across chain of Buyers Looking across complementary product and service offering Looking across functional or emotional appeal to Buyers Looking across time Regenerating large companies Emerging theory of manufacturing Statistical quality control (SQC) Modern Manufacturing Accounting Methods Flotila System Approach Comparative study of thefour concepts Boston consulting group appoach Product Portfolio Star of the portfolio Anatomy of the cash cow portfolio concept
61 61 62 63 63 64 64 64 64 65 65 65 65 66 66 66 67 67 68 68 68 69 73 74 75 75 76 76 77 77 77 78 78 78 80 80 80 80 81 81 81 82 82 82 83 83 83 84 86 87 88 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 Data vs information knowledge level system management level system control system appraisal system motivation system leadership emotional intelligence EQ empathy factors affecting strategic decision making administrative contraints financial constraints The CEO's agenda and management approach Social responsibilities of a business Johnson and Johnson Corporate social responsibility contrasting perspectives Kuntz and O Donnell Peter Dructcher Abraham Maslow Doctrine of Social responsibility Rationale of Social responsibility ethics moral management ammoral management factors mechanisms for ethical management functional strategies budgeting manpower planning HRP HR demand HR supply Production management policies and plans Capacity and utilization POM capital expenditure planning capital structure planning cash flow planning working capital planning dividend planning taxation planning marketing plan (MP) R & D Planning offensive or defensive strategies the knowledge creating company spiral of knowledge from Metaphor to model managing the knowledge creating company redundancy
141 141 142 142 142 143 143 144 145 144 146 146 147 147 147 148 148 148 149 151 151 151 151 151 157 159 159 160 160 161 162 164 165 165 165 166 166 167 168 168 169 170 171 171 171 174 174 175 175 176 176 176
supply chain management customer relationship management (CRM) mass customization spontaneous supply chain customize products Knowledge management system knowledge outsourcing mergers , acquisions , takeovers and restructuring synergy bias sizing the prize strategic evaluation barriers in evaluation strategic survillance emergency alert control operation control measures of performance analyzing variances corrective action Sumantra Ghoshal setting direction by deploying key people internalized behaviours managing information flows through personal relationships employment contract manifestations of the emerging information age age of empowerment interactive control system evaluate corporate strategy transformational efforts transformation process circle Hallmarks big bets adapters Integration Titan Program Policies Procedure premise control strategic surveillance risk competencies ETOP model
177 181 182 184 185 185 186 191 192 194 195 196 201 202 203 204 204 204 205 206 206 207 208 208 209 209 210 211 211 215 216 153 145 75 75 53 54 31 31 31 203 203 215 42 137
Score Card 200525262 Rambabu Sirisetty Strategic Management 09/04/2006 Result for this Assignment 09/04/2006
Number of Correct Questions
43
Number of Skipped Questions
6
Number of Wrong Questions
4
Total Questions attempted
53
P iza D r F
T om ri
Assignment Date
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Registration Number: Name: Subject: Assignment Status As On:
94 Out of 100.
Total Marks obtained
Pass
d.c
Result
Click here to view the list of attempted question and answers.
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LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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Multiple Choice Multiple Answer Question Business is rated on which dimensions
cuC
Correct Answer Market attractiveness , Business strength Market attractiveness , Business strength
ww w
Your Answer
Do
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.
Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer
Political- legal , socio-cultural , economic-demographic
Your Answer
vertical ( forward )
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Correct Answer vertical ( forward )
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Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer long- range planning Your Answer
long- range planning
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Multiple Choice Single Answer Question Strategic management deals with
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Multiple Choice Single Answer Question Strategic management is concerned with
Business process
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Your Answer
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Correct Answer Business process
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Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines
Do
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
Your Answer
concentration strategy
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis internal analysis
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Your Answer
True/False Question
False
P iza D r F
Your Answer
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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
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Multiple Choice Single Answer Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment. unfavorable conditions in external environment.
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Your Answer
cuC
Correct Answer Standardisation
True/False Question
Standardisation
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Your Answer
dfw
Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility
Timing of measurement before hand serves the purpose of evaluation.
Do
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
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
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Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization inherent inadequacy of organization
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Your Answer
Correct Answer Structure Structure
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Your Answer
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Multiple Choice Single Answer Question It indicates the degree of differentiation
Your Answer
Systems
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Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems
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Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process
Business process
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Your Answer
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, Matching, converting, minimizing minimizing & avoiding strategies & avoiding strategies
Marketing strategy
Life cycle considerations
Do
Match The Following Question
Multiple Choice Single Answer
Life cycle considerations
Question
Strategic management is concerned with
Correct Answer long- range planning Your Answer
long- range planning
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Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist end user specialist , specific customer specialist , geographic specialist
T om ri
Your Answer
Multiple Choice Multiple Answer Question Factors encouraging joint ventures are
d.c
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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
Top Management
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Your Answer
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Correct Answer Top Management
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Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Goals , Resources
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Your Answer
Do
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
Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is
Technology forecasting
True/False Question
Scheduling is a part of strategic management.
Correct Answer False Your Answer
False
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Multiple Choice Single Answer Question Concentric diversification means
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Your Answer
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Correct Answer Technology forecasting
Correct Answer new activity related to existing business new activity related to existing business
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Your Answer
True/False Question
dfw
internal transformation
cuC
Your Answer
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Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation
Do
Your Answer
True/False Question
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Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True True
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
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 Self-awareness
al
Your Answer
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Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation , Specialisation Control mechanism , Departmentalisation
P iza D r F
Your Answer
Getting new users is a position defense strategy.
Correct Answer False False
True/False Question
ww w
cuC
Your Answer
dfw
True/False Question
Labour
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Your Answer
d.c
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour
Counterfeiter copy but with a difference that can be seen.
Do
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
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
True
Multiple Choice Multiple Answer Question An unhealthy portfolio has
Your Answer
P iza D r F
Correct Answer More dogs , Few stars
T om ri
Your Answer
al
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True
More dogs , Few stars
d.c
True/False Question
Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False False
cuC
Match The Following Question
Vision
Do
mission BHAG
Correct Answer
Your Answer
SWOT analysis
SWOT analysis
what a company wishes to what a company wishes to become or aspires to be. become or aspires to be.
ww w
Fit
dfw
o .p m
Your Answer
what the company is and why it what the company is and why it exists. exists. big headed audacious goals
big headed audacious goals
Strategic Management—Page 1
ASSIGNMENT
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. II. III. IV. V.
The study of function and responsibilities of senior management A crucial problem that affects success in total enterprise. The decision that determine the direction of the organization and shape of its future Identity and molding of its character 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)
e) f) g) h)
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. Managers need to provide speed responses to environmental changes through informational systems and organizational process. As corporate are becoming more integrated with the public life, corporate governance is becoming important which manager may have to practice. Managers should learn to deal with confused and complex situations. They should know to deal with global managers, business protocols and market conditions. 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. b. c. d.
A plan / course of action leading to a direction. It is related to company’s activities. It deals with uncertain future. 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) b) c) d) e)
How to face the competition. Whether to undertake expansions/diversification To be focused/ broad based How to chart a turn around 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
SBU1
STRTEGIES [CORPORATE]
SBU2
FUNCTIONAL
SBU3 (SBU LEVEL)
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
SBU1
SBU2
STRTEGIES [CORPORATE]
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. 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
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.
Strategic Management—Page 11 Company Vision / Mission 1) 2) 3)
Company Vision is What a Company Wishes to become or aspire to be. Company Mission is what the Company is and why it exists 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) 2)
Requirement for success. 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. T runk 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) b)
It’s a target that a company wants to achieve in a future period of time. 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 W – Weakness
O- Opportunity 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
True/False
specialization
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 Reengineering Chapy
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
True/False Question
Self-Appraisal
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
True/False
specialization
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 ro utine 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
True/False Question
Self-Appraisal
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 p lanning 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 Ensuring Implementation of marketing actions of marketing actions
Middle- level Managers
Ensuring proper tactical changes
Ensuring proper tactical changes
Multiple Choice Multiple Answer Question Factor s 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
True/False
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 Factor leading to financial capability capability
The retrieval and usage of Factor leading to Factor leading to information Information Management Information Management Capability Capability The Personnel System
Factor leading to Personnel Capability
Multiple Choice Single Answer
Factor leading to Personnel Capability
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 skil ls 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
True/False
internal analysis
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
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
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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 long-term 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.
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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.
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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 Managers to provide speedy responses to environmental responses to environmental changes 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/False Question
True
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
True/False Question
False
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
True/False Question
Checking performance , Formulate plans , Reformulate strategies
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
True/False Question
end user specialist , specific customer specialist , research specialist
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
True/False Question
product performance analysis
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
True/False Question
Strategic surveillance
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
True/False Question
Strategy
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
True/False
programmed decisions
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 additional product/service for same customers same customers vertical backward integration becoming your own supplier becoming your own supplier means 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 Product line/business their
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
True/False Question
Psychologists
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
True/False Question
counteroffensive
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
True/False Question
Maximum
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
True/False Question
Capital , Information , Expertise
Scheduling is a part of strategic management.
Correct Answer False Your Answer
True/False Question
True
Acquisitions which are friendly are termed as "take- overs".
Correct Answer False Your Answer
True/False Question
True
Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False Your Answer
True/False Question
False
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
True/False Question
potentials and competencies of organization.
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
True/False Question
more usage
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 S.M. is the process, which deals with organizational deals with organizational renewal & growth. 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 Managers to develop the courage to make courage to make unconventional decisions unconventional decisions
Social Responsibility
Managers to maintain high ethical standards
Lateral thinking
Managers to learn to deal Managers to learn to deal with chaotic situations with chaotic situations
Responsiveness
Managers to provide speedy responses to environmental changes
Managers to maintain high ethical standards
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
True/False
specialization
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 ro utine 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
True/False Question
Self-Appraisal
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 p lanning 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
Marks : 2 37.
These following factors determine the desire of risk
a) Strategies
b)
Resources
c)
Competence
d)
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
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 perfor mance 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 Ballast business Gap analysis Corporate parenting Heartland business
Correct Answer
Your Answer
Fit well but low opportunities Difference between desired and projected performance Managing SBU's by a corporate Give the highest priority
Fit well but low opportunities Difference between desired and projected performance Misfit with understanding of critical success factors 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 True/False Question
Team work
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 Select The Blank
Creativity , Delegation , Co-ordination
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 Difference between desired and projected performance 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 Reengineering Chapy
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
True/False
specialization
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 Reengineering Chapy
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
True/False Question
Self-Appraisal
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 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
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
True/False Question
Technical skills , Cognitive skills , Emotional Intelligence Quotient
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 environm ental 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
True/False Question
False
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 customized marketing of marketing actions
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
True/False
specialization
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 ro utine 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
True/False Question
Self-Appraisal
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 p lanning 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
Retrenchment Strategies Contraction of activities through elimination of the scope of one or more of its business
Your Answer Contraction of activities through elimination of the scope of one or more of its business
Divestment Strategies
Involves the sale or Involves the sale or liquidation of a portion of a liquidation of a portion of a business business
Turnaround Strategies
Retrenchments - either internally or externally
Select The Blank Question ETOP stands for ________.
Retrenchments - either internally or externally
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 non- Spell out specific action or nonaction action
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
True/False Question
Trust & fairness , Changed Management , Integrity & thoughtfulness
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
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
Your Answer
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
True/False Question
general agreement on trade & tariff
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
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
Your Answer
Heartland business
corporate
critical success factors
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 True/False
demand & supply of money, capital markets
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 cust omer, 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 Your Answer True
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
True/False
Statistical quality control
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 two or more entities join hands for mutual benefit. hands for mutual benefit. vertical forward integration means
becoming your own customer
horizontal integration means
additional product/service additional product/service for same customers for same customers
vertical backward integration means
becoming your own supplier
True/False Question
becoming your own customer
becoming your own supplier
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
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Vinit
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 what the company is and why it exists. 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
True/False
more usage
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
sm1 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 False
al
Your Answer
Audit committee
P iza D r F
Your Answer
T om ri
Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee
o .p m
d.c
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
dfw
Multiple Choice Multiple Answer Question The preparation of ETOP involves
ww w
Do
cuC
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
True/False Question
taxes , availability of buyers , market reaction
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
Multiple Choice Single Answer Question In SWOT , S stands for
al
general agreement on trade & tariff
T om ri
Your Answer
Correct Answer favorable condition in the organization's environment. favorable condition in the organization's environment.
P iza D r F
Your Answer
Multiple Choice Single Answer Question Associated external agencies means
channel members, customers, suppliers etc.
o .p m
Your Answer
d.c
Correct Answer channel members, customers, suppliers etc.
dfw
cuC
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
ww w
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of
Do
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
al
Multiple Choice Multiple Answer Question Organizational models are
T om ri
Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
P iza D r F
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning long- range planning
d.c
Your Answer
Multiple Choice Multiple Answer Question The preparation of ETOP involves
dfw
cuC
o .p m
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
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.
ww w
Correct Answer
Do
Match The Following Question
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 Business process
al
Your Answer
T om ri
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Control mechanism , Departmentalisation , Specialisation
True/False Question
Arranging training program on productivity is a strategic decision.
True
o .p m
Your Answer
d.c
Correct Answer False
P iza D r F
Your Answer
Operational level systems
ww w
Your Answer
dfw
cuC
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
Do
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer
Easy availability of resources
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 Select The Blank Question
Ethics
Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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 True/False Question
CRM
Correct Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. False
Your Answer
False
Select The Blank Question Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. 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
Select The Blank Question
vision
Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders 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
True/False Question Correct Answer
Board of director
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. 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 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 Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfu nctions 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 Your Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Your Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates 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 Ballast business opportunities
Your Answer
Fit well but low opportunities
Fit well but low
Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting corporate
Managing SBU's by a corporate
Managing SBU's by a
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
Benchmarking is competitive analysis Michael Hammer & James Chapy GDP stands for
historical analysis
competitive analysis
Reengineering
gross domestic product
Reengineering
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
Your Answer
True
Your Answer
False
True/False Question
All policies are 'statements' False
Your Answer
False
o .p m
Correct Answer
Correct Answer
cuC
Match The Following Question
T om ri
False
d.c
Correct Answer
P iza D r F
Scheduling is a part of strategic management.
dfw
True/False Question
al
Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True
Your Answer
Barrier in evaluation
Audit and Executive committee
Premise control
Identifies key assumptions
Identifies key assumptions
Type of strategic control
Control
Effectiveness of strategy
Effectiveness of strategy
Do
Emergency alert control evaluation Strategic evaluation
Select The Blank Question
ww w
Rely on short term assessment
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
Your Answer
Information , Expertise , Intelligence
Correct Answer
Premise control
Your Answer
Premise control
Multiple Choice Multiple Answer Question Criteria for making an evaluation are
al
Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time
Consistency with goals , Consistency with environment , Money
Your Answer
Consistency with goals , Consistency with environment , Money
P iza D r F
Multiple Choice Multiple Answer Question Attack strategies are
T om ri
Correct Answer
frontal attack , flank attack , encirclement attack
Your Answer
frontal attack , flank attack , encirclement attack
Multiple Choice Multiple Answer Question Core ideology
core values , core purpose
dfw
Your Answer
core values , core purpose
o .p m
Correct Answer
d.c
Correct Answer
cuC
Multiple Choice Multiple Answer Question Performance is affected by
Do
Your Answer
True/False Question
Distorted resource allocation , Inappropriate structure , Wrong motivational styles Distorted resource allocation , Inappropriate structure , Wrong motivational styles
ww w
Correct Answer
Analysis of variances leads to a plan for corrective action
Correct Answer
True
Your Answer
True
True/False Question Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. 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 , technology
Multiple Choice Multiple Answer Question Program is a combination of goals , policies , procedures
Your Answer
goals , policies , procedures
Displacing competitor is ________ category of goal. common enemy
Your Answer
common enemy
Your Answer
False
target
Select The Blank Question
Do
Correct Answer Your Answer
ww w
cuC
Your Answer
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. internal transformation
dfw
Correct Answer
o .p m
False
d.c
Counterfeiter copy but with a difference that can be seen.
Correct Answer
Select The Blank Question
P iza D r F
Correct Answer
True/False Question
T om ri
Select The Blank Question
al
Correct Answer
GATT stands for ________. general agreement on trade & tariff global agreement on trade & taxes
Multiple Choice Multiple Answer Question Strategic intent Correct Answer Your Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. 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
Multiple Choice Multiple Answer Question The reasons for acquisition are
Your Answer
Increased market power , Increased diversification , Increased speed to market Increased market power , Increased diversification , Increased speed to market
Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are
al
Correct Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
Your Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
Reciprocal responsibility means equal blames and credit. False
Your Answer
True
d.c
Correct Answer
P iza D r F
True/False Question
T om ri
Correct Answer
operational decisions
dfw
Your Answer
o .p m
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
cuC
Multiple Choice Multiple Answer Question The various areas covered by social responsibility are
Do
Your Answer
Select The Blank Question
Inner Circle , Intermediate circle , Outer Circle
ww w
Correct Answer
Inner Circle , Intermediate circle , Outer Circle
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
Your Answer
Austere Model , Vendors Model , Civic Model
Select The Blank Question
Your Answer
role model
Multiple Choice Single Answer Question Denominator management cost reduction
Your Answer
cost reduction
P iza D r F
Correct Answer
T om ri
al
Correct Answer
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. role model
d.c
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
internal analysis internal analysis
ww w
Correct Answer
dfw
Value chain analysis is an effective tool for ________.
cuC
Select The Blank Question
Supply chains
o .p m
Your Answer
Do
Multiple Choice Multiple Answer Question market research is conducted by Correct Answer Your Answer
Select The Blank Question
by employees , by research agencies , by consultants by employees , by research agencies , by consultants
Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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
Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer
False
Your Answer
False
product lines
Your Answer
product lines
Correct Answer
False
Your Answer
False
Correct Answer
True True
cuC
Your Answer
Three C's affecting today's companies are customer, competition & change
o .p m
True/False Question
d.c
Adapter duplicate the leader and claim to be similar or even the same.
dfw
True/False Question
P iza D r F
Correct Answer
T om ri
Multiple Choice Single Answer Question Horizontal integration is concerned with
al
True/False Question
Correct Answer
Do
Your Answer
True/False Question
ww w
Multiple Choice Single Answer Question Mass media includes
radio, TV, internet etc. radio, TV, internet etc.
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.
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
P iza D r F
T om ri
al
Match The Following Question
d.c
Multiple Choice Multiple Answer Question Organizational models are
multinational model , international model , global organizational model
Your Answer
multinational model , international model , global organizational model
dfw
ww w
Do
cuC
o .p m
Correct Answer
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 Executive summary marketing plan
Your Answer Synopsis of marketing plan
Synopsis of
Line Managers Responsibility Ensuring Implementation of marketing actions Taking decisions regarding efficient and effective allocation of resources Middle- level Managers tactical changes
Ensuring proper tactical changes Ensuring proper
Top level Executives allocation of resources
Taking decisions regarding efficient and effective 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
Benchmarking is competitive analysis Michael Hammer & James Chapy GDP stands for
value chain analysis
competitive analysis
Reengineering
gross domestic product
Reengineering
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 Correct Answer
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 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. 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 True/False Question
Environment Protection Act
Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees 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
True/False Question
Big bets
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 Board of Directors
Correct Answer
Your Answer
Link between company & external Link between company & external environment 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
True/False Question
Productivity
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 Correct Answer
Numerator may bring short-term results, but there may be serious long-term sacrifices. 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
True/False Question
Delegation
Micro environment is the internal environment of a company.
Correct Answer
False
Your Answer
False
True/False Question Correct Answer
Style of a company are the patterns of actions taken by members of top management over a period of time 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
True/False Question
Culture
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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Your Answer
uneconomical separate existence , risk of business gets shared , sharing competence of each other 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. company wishes to become or aspires to be. mission what the company is and why it exists. why it exists. BHAG
big headed audacious goals
what a
what the company is and
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 & actions
S.M. is a stream of decisions
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 Ballast business opportunities
Your Answer
Fit well but low opportunities
Fit well but low
Gap analysis Difference between desired and projected performance Some fit and some misfit Corporate parenting Managing SBU's by a corporate understanding of critical success factors Heartland business
Misfit with
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
Your Answer
SM5 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
Line Managers Responsibility customized marketing
Marketing goals
Ensuring Implementation of marketing actions
Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions
Page 6
Top level Executives allocation of resources allocation of resources
SM5 Taking decisions regarding efficient and effective Taking decisions regarding efficient and effective
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
SM6 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. company wishes to become or aspires to be. mission what the company is and why it exists. why it exists. BHAG
big headed audacious goals
what a
what the company is and
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
Your Answer
SM6 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 evaluation
Barrier in evaluation
Barrier in
Premise control Identifies key assumptions Identifies key assumptions Emergency alert control evaluation strategic control Strategic evaluation
Type of strategic control Type of
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 their Product line/business line/business Manufacturing strategy
Productivity
Product
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 develop the courage to make unconventional decisions
Managers to
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 Page 5
Social, Political, legal &
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 Your Answer True
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 Michael Hammer & James Chapy GDP stands for
historical analysis
Reengineering
gross domestic product
Comparative analysis is
Reengineering
gross domestic product
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
Your Answer
SM9 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 committee
Barrier in evaluation
Audit and Executive
Premise control Identifies key assumptions Identifies key assumptions Emergency alert control evaluation Strategic evaluation
Type of strategic control Control
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
Your Answer
SM10 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 Your Answer False
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 Position defense means around one's territory
Becoming your own customer
Fortification around one's territory
Fortification
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 their Product line/business line/business Manufacturing strategy
Productivity
Product
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 4 Ps are
Your Answer
Product, Price, Place, Promotion Page 4
Product, Price, Place,
SM11 Promotion Sources of funds Factor leading to financial capability financial capability
Factor leading to
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 leading to Personnel Capability
Factor
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 Crisis Management organisational learning
Your Answer leads to organisational learning
leads to
Milestone review Another method of implementation control Balanced approach to evaluation
Page 1
SM12 Long and short term controls Balanced approach to evaluation method of implementation control
Another
Variance Actual 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 key assumptions Strategic evaluation
Type of strategic control Identifies
Effectiveness of strategy
Rely on short term assessment committee
Effectiveness of strategy
Barrier in evaluation
Audit and Executive
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 Quotient
Technical skills , Cognitive skills , Emotional Intelligence
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
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 False
True/False Question
Macro environment has got immediate impact on business.
T om ri
al
Your Answer
Correct Answer False False
P iza D r F
Your Answer
Leaders
o .p m
Your Answer
d.c
Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders
True/False Question
True
ww w
Your Answer
dfw
cuC
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True
Select The Blank Question ETOP stands for ________.
Do
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
False
T om ri
Your Answer
al
Arranging training program on productivity is a strategic decision. Correct Answer False
Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning )
d.c
P iza D r F
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
o .p m
Correct Answer newspapers, magazines, journals etc. newspapers, magazines, journals etc.
True/False Question
dfw
Your Answer
ww w
cuC
Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True
Do
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
Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Goals , Resources
P iza D r F
Your Answer
al
internal analysis
T om ri
Your Answer
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC)
o .p m
d.c
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
dfw
Multiple Choice Single Answer Question The aim in stability strategies is-
cuC
Correct Answer move slowly & surely
move slowly & surely
ww w
Your Answer
Do
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 what the company is and why it exists. why it exists.
BHAG
big headed audacious goals
Multiple Choice Multiple Answer Question Factors encouraging joint ventures are
al
big headed audacious goals
False
d.c
Scheduling is a part of strategic management.
Correct Answer False Your Answer
P iza D r F
True/False Question
T om ri
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
o .p m
Multiple Choice Multiple Answer Question Core ideology
core values , core purpose
cuC
Your Answer
dfw
Correct Answer core values , core purpose
ww w
Multiple Choice Single Answer Question Core purpose Correct Answer mission
Do
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
Statistical quality control
T om ri
Your Answer
al
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems
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 Self-awareness
P iza D r F
Your Answer
o .p m
d.c
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 Supply chains
dfw
Your Answer
ww w
cuC
Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business
Do
Your Answer
Business
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer
True/False Question
Business process
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 Standardisation
al
Your Answer
External auditor
P iza D r F
Your Answer
T om ri
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
d.c
Multiple Choice Multiple Answer Question Different kinds of information systems are
o .p m
Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system
Psychologists
ww w
Your Answer
dfw
cuC
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists
Do
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 ________
Strategy
T om ri
Your Answer
al
Correct Answer Strategy
True/False Question
Your Answer
True
P iza D r F
Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True
o .p m
d.c
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 departmentation
dfw
Your Answer
cuC
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Top Management
ww w
Your Answer
Do
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 Market attractiveness , Business strength
Multiple Choice Single Answer Question Retrenchment strategy means
T om ri
Correct Answer contraction of business activities
al
Your Answer
contraction of business activities
True/False Question
Under functional strategics we have vertical fit & horizontal fit.
Your Answer
False
d.c
Correct Answer True
P iza D r F
Your Answer
core competence
cuC
Your Answer
dfw
o .p m
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence
ww w
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Ruchi
True/False Question
Macro environment has got immediate impact on business.
Do
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
al
Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Systems
True/False Question
Micro environment is the internal environment of a company.
True
d.c
Your Answer
P iza D r F
Correct Answer False
T om ri
Your Answer
Select The Blank Question ________ identifies the impact of any change on performance
o .p m
Correct Answer Statistical quality control
True/False Question
Focused company is generally protected from competition.
dfw
Statistical quality control
cuC
Your Answer
ww w
Correct Answer True
Do
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
Match The Following Question
Correct Answer
al
specialization
Your Answer
T om ri
Your Answer
strategic alliances means two or more entities join two or more entities join hands for mutual benefit. hands for mutual benefit.
vertical backward integration means True/False Question
becoming your own customer
additional product/service additional product/service for same customers for same customers becoming your own supplier
becoming your own supplier
d.c
horizontal integration means
becoming your own customer
P iza D r F
vertical forward integration means
False
cuC
Your Answer
dfw
o .p m
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False
ww w
Multiple Choice Multiple Answer Question Different kinds of information systems are
Do
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
direct/indirect export
T om ri
Your Answer
al
Correct Answer direct/indirect export
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Strategy
True/False Question
P iza D r F
Your Answer
True
o .p m
Your Answer
d.c
Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True
cuC
Correct Answer mission mission
ww w
Your Answer
dfw
Multiple Choice Single Answer Question Core purpose
Do
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
al
True/False Question
Your Answer
T om ri
Three C's affecting today's companies are customer, competition & change Correct Answer True True
P iza D r F
Multiple Choice Multiple Answer Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants by employees , by research agencies , by consultants
d.c
Your Answer
Flotilla concept
cuC
Your Answer
dfw
o .p m
Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept
ww w
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis
Do
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.
taxes , availability of buyers , market reaction
True/False Question
P iza D r F
Your Answer
T om ri
al
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
True
d.c
Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True
o .p m
Select The Blank Question GATT stands for ________.
general agreement on trade & tariff
cuC
Your Answer
dfw
Correct Answer general agreement on trade & tariff
ww w
Multiple Choice Single Answer Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Do
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
Top Management
Multiple Choice Multiple Answer Question Strategic intent
T om ri
Your Answer
al
Correct Answer Top Management
d.c
P iza D r F
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.
o .p m
Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Statistical quality control
dfw
Your Answer
cuC
Multiple Choice Multiple Answer Question Organizational models are
ww w
Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
Do
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.
Correct Answer
Your Answer
Maintain strategy
stable environment
stable environment
Market follower are
imitator
imitator
Market challenger are
bypass attack
Turnaround strategy
V.R.S.
T om ri
al
Match The Following Question
bypass attack
P iza D r F
V.R.S.
Multiple Choice Multiple Answer Question Factors encouraging joint ventures are
o .p m
d.c
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
dfw
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Business process
cuC
Your Answer
ww w
Do
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 Operational level systems
Multiple Choice Single Answer Question Corporate strategy ensures
Your Answer
Vinit
Easy availability of resources
T om ri
Correct Answer fit between the firm and its environment
al
Your Answer
P iza D r F
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Correct Answer move slowly & surely Your Answer
move slowly & surely
o .p m
True/False Question
d.c
Multiple Choice Single Answer Question The aim in stability strategies is-
True
cuC
Your Answer
dfw
Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True
ww w
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of
Do
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
al
Correct Answer by employees , by research agencies , by consultants by employees , by research agencies , by consultants
True/False Question
Macro environment has got immediate impact on business.
T om ri
Your Answer
False
Match The Following Question Fit
what a company wishes to become or aspires to be.
dfw
SWOT analysis what a company wishes to become or aspires to be.
big headed audacious goals
big headed audacious goals
ww w
BHAG
Your Answer
what the company is and what the company is and why it exists. why it exists.
cuC
mission
SWOT analysis
o .p m
Vision
Correct Answer
d.c
Your Answer
P iza D r F
Correct Answer False
Multiple Choice Multiple Answer Question Measures to take corrective action
Do
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
al
Multiple Choice Multiple Answer Question The reasons for acquisition are
T om ri
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
decision tree
d.c
Your Answer
P iza D r F
Correct Answer decision tree
Select The Blank Question Value chain analysis is an effective tool for ________.
o .p m
Correct Answer internal analysis internal analysis
dfw
Your Answer
cuC
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Business process
ww w
Your Answer
Do
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
Correct Answer long- range planning Your Answer
long- range planning
P iza D r F
Select The Blank Question GATT stands for ________.
T om ri
Multiple Choice Single Answer Question Strategic management is concerned with
al
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
d.c
Correct Answer general agreement on trade & tariff general agreement on trade & tariff
True/False Question
Scheduling is a part of strategic management.
Correct Answer False False
cuC
Your Answer
dfw
o .p m
Your Answer
ww w
Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity
Do
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
fit between the firm and its environment
T om ri
Your Answer
al
Correct Answer fit between the firm and its environment
Capital structure planning
Multiple Choice Single Answer Question In SWOT , S stands for
d.c
Your Answer
P iza D r F
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
Correct Answer favorable condition in the organization's environment. favorable condition in the organization's environment.
dfw
o .p m
Your Answer
cuC
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence core competence
ww w
Your Answer
Do
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 True
Select The Blank Question ETOP stands for ________.
environmental threat & opportunity profile
True/False Question
P iza D r F
Your Answer
T om ri
Correct Answer environmental threat & opportunity profile
al
Your Answer
Your Answer
True
d.c
Arranging training program on productivity is a strategic decision. Correct Answer False
more usage
cuC
Your Answer
dfw
o .p m
Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage
True/False Question
ww w
Three C's affecting today's companies are customer, competition & change Correct Answer True
Do
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.
Your Answer
Goals , Resources , Expertise
T om ri
Correct Answer Goals , Resources
al
Multiple Choice Multiple Answer Question They have time based utility
d.c
Your Answer
P iza D r F
Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Research and planning , Division of labour , Departmentalisation
o .p m
Multiple Choice Multiple Answer Question Organizational models are
dfw
cuC
Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
ww w
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management
Do
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
Ballast business
Correct Answer Fit well but low opportunities
Gap analysis
Difference between desired and projected performance
Corporate parenting
Fit well but low opportunities
Managing SBU's by a corporate
Difference between desired and projected performance
Give the highest priority
Managing SBU's by a corporate Give the highest priority
o .p m
Heartland business
Your Answer
d.c
Match The Following Question
T om ri
Informal
P iza D r F
Your Answer
al
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal
Acquisitions which are friendly are termed as "take-overs".
cuC
Correct Answer False False
ww w
Your Answer
dfw
True/False Question
Select The Blank Question Modern Accounting uses ________ as a unit of measure
Do
Correct Answer Time Your Answer
Time
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 what the company is and why it exists. 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
True/False Question
Business process
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
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Ruchi 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 two or more entities join hands for mutual benefit. hands for mutual benefit. vertical forward integration means
becoming your own customer
becoming your own customer
horizontal integration means
additional product/service additional product/service for same customers 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
Vinit
Easy availability of resources
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 what the company is and why it exists. 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
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 Your Answer
Select The Blank Question
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy 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 True/False Question
External auditor
Correct Answer
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. 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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Correct Answer
Counterfeiter copy but with a difference that can be seen. False
Your Answer True/False Question
True
Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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
Select The Blank Question
Reserve the right to play
________ 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
True/False
Conceptual, human & intellectual skills , Decision making ability , communication skills
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 Your Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates 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 Your Answer
Select The Blank Question
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy clarity in strategy & responsibilities , blending cultures
________ 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 Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. True
Your Answer
True
True/False Question Correct Answer
Change in company's strategy gives rise to problems necessitating a new structure to be made 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 Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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 Your Answer
True/False Question
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. obsession with an organization , what the organization strives for. , concept of optimization
Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. False
Your Answer
False
Select The Blank Question Correct Answer
________ should have the ability to develop a visionto see patterns into the future. 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 Correct Answer
Changes in company structure also necessitates changes in the systems in various degrees True
Your Answer
False
Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Your Answer Select The Blank Question
Operational level system , Knowledge level system , Management level system Knowledge level system , Management level system , Operational level system
Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 Your Answer
Increased market power , Increased diversification , Increased speed to market 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
True/False Question
Resources , Competence , Time , Strategies
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 Your Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information 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 Correct Answer
Japan's major productivity gains are the results of social changes brought about by ________ 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 Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Self-awareness
Your Answer
Emotional quotient
True/False Question Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees 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 Select The Blank Question
Company secretary , Auditor , Financial controller
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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
Companies have strenghts in a number of areas but their key strength are few in number True
Your Answer
True/False Question
True
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 Your Answer
Select The Blank Question
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Correct Answer
________ relationships are effective in communicating complex information 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 Correct Answer
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. 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 Your Answer
favorable condition in the organization's environment. Strategy
Select The Blank Question Control should involve________ amount of information. Correct Answer Your Answer
Minimum Maximum
Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Your Answer
Premise control 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 Your Answer
common enemy 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 Correct Answer Your Answer
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. False False
Multiple Choice Single Answer Question Core purpose Correct Answer Your Answer
mission 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 CRM Answer Your Answer CRM
True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Three C's affecting today's companies are customer, competition & change True True
The super structure indicates ways in which company's tasks are integrated or coordinated True True
Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer Your Answer
contraction of business activities contraction of business activities
Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Your Answer
Research and planning , Forecasting 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 Your Answer
True/False Question Correct Answer Your Answer
core competence core competence
The actual performance matches the budgeted performance. This is a realistic situation. False False
Multiple Choice Multiple Answer Question market research is conducted by Correct Answer Your Answer
True/False Question Correct Answer Your Answer
by employees , by research agencies , by consultants by employees , by research agencies , by consultants
Excelling in one market guarantees success in a new. False False
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Adapters Answer Your Answer Options
Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Your Answer
True/False Question
Austere Model , Vendors Model , Civic Model Austere Model , Vendors Model , Civic Model
Scheduling is a part of strategic management.
Correct Answer Your Answer
True/False Question Correct Answer Your Answer
False False
Micro environment is the internal environment of a company. False True
Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Reserve the right to play Answer Your Answer Reserve the right to play
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Your Answer
Checking performance , Reformulate strategies , Standard check Checking performance , Formulate plans , Standard check
Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Your Answer
Intelligence , Information , Expertise Information , Expertise , Intelligence
Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Your Answer
Inner Circle , Intermediate circle , Outer Circle Inner Circle , Intermediate circle , Outer Circle
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Your Answer
True/False Question Correct Answer
Personal Personal
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 operational decisions Answer Your Answer operational decisions
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer Your Answer
core competence core competence
Multiple Choice Single Answer Question Export entry modes are Correct Answer Your Answer
direct/indirect export 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 Culture Answer Your Answer Class
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Rites , Myths , Rituals Myths
Environmental competitiveness tends to encourage ethical behaviour. False 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 Operational level systems Answer Your Answer Operational level systems
Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Your Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient 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 Your Answer
more usage more usage
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of nonproducing Correct Traditional Answer Your Answer Mathematical
True/False Question Correct Answer Your Answer
Systems are formal and informal rules and regulations that complements the company structure True True
Multiple Choice Multiple Answer Question They have time based utility Correct Answer Your Answer
Goals , Resources Goals , Resources
Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Your Answer
Assumes factory as an isolated entity , It measures only the cost of producing 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 Your Answer
internal analysis SWOT analysis
Multiple Choice Multiple Answer
Question Correct Answer Your Answer
Niche marketing means end user specialist , specific customer specialist , geographic specialist 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 Your Answer
Systems Statistical quality control
Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Chief executive Answer Your Answer Board of directors
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Delegation Answer Your Answer Direction
Multiple Choice Single Answer Question Associated external agencies means Correct Answer Your Answer
channel members, customers, suppliers etc. 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 Correct Answer
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. 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
Match The Following Question
Forecasting , Control mechanism , Departmentalisation , Specialisation
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 Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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 Correct Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. 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
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 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 Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. 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
Select The Blank Question
Operational evaluation
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
product performance analysis
Select The Blank Question Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders 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 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. 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 Your Answer
Select The Blank Question
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export , internal inadequacies
Correct Answer
________ should have the ability to develop a visionto see patterns into the future. 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 Correct Answer
Numerator may bring short-term results, but there may be serious longterm sacrifices. False
Your Answer
True
Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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
Select The Blank Question
Research and planning , Forecasting , Division of labour , Departmentalisation
Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. 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
True/False Question
Culture
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 Correct Answer
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc. Operational level systems
Your Answer
Operational level systems
Match The Following Question strategic alliances means
Correct Answer
Your Answer
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 Your Answer
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy blending cultures , provide for an exit strategy , clarity in strategy & responsibilities
Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer Your Answer
Select The Blank Question
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Correct Answer
Cadbury's add in which Amitabh Bachchan clarifies abou t the safety of the product (dairy milk) is an example of ________ defense. counteroffensive
Your Answer
counteroffensive
Select The Blank Question Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 & S.M. is the formulation & implementation of plans related to implementation of plans related to total organization. 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
True/False Question
Funcational streategies
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
Select The Blank Question
Environment Protection Act
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 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. 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 Correct Answer
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. 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
True/False Question
favorable condition in the organization's environment.
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 Correct Answer
Style of a company are the patterns of actions taken by members of top management over a period of time 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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
Select The Blank Question
Company secretary , Auditor , Financial controller
Correct Answer
________ models can be described as a system that describe how pieces of business fit together. 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 Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False
Your Answer
False
True/False Question Correct Answer
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 Your Answer
Audit committee Audit committee
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Your Answer
Strategic business Units Strategic business Units
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Your Answer
Strategy Strategy
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Your Answer
Systems Systems
Select The Blank Question A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. Correct role model Answer Your Answer role model
Multiple Choice Single Answer Question Secondary sources of information are Correct Answer Your Answer
newspapers, magazines, journals etc. newspapers, magazines, journals etc.
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer Your Answer
long- range planning long- range planning
Multiple Choice Single Answer Question Export entry modes are Correct Answer Your Answer True/False Question Correct Answer Your Answer
direct/indirect export direct/indirect export
Scheduling is a part of strategic management. False False
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer Your Answer
fit between the firm and its environment 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 Your Answer
radio, TV, internet etc. 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
True/False Question Correct Answer Your Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True True
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Your Answer
Time Time
Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer Your Answer
vertical ( forward ) 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 departmentation Answer Your Answer departmentation
Multiple Choice Multiple Answer Question Organizational models are Correct Answer Your Answer
multinational model , international model , global organizational model 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 Capital structure planning Answer 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
True/False Question Correct Answer Your Answer
Imitator
Excelling in one market guarantees success in a new. False False
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Your Answer
Statistical quality control Statistical quality control
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Your Answer
Checking performance , Reformulate strategies , Standard check Checking performance , Reformulate strategies , Standard check
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Your Answer
Business process Business process
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer
demand & supply of money, capital markets demand & supply of money, capital markets
Arranging training program on productivity is a strategic decision. False False
Change in company's strategy gives rise to problems necessitating a new structure to be made True
Your Answer
True
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Your Answer
Inner Circle , Intermediate circle , Outer Circle Inner Circle , Intermediate circle , Outer Circle
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Your Answer True/False Question Correct Answer Your Answer
Creativity , Delegation , Co-ordination Creativity , Delegation , Co-ordination
Three C's affecting today's companies are customer, competition & change True True
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer Your Answer
goals , policies , procedures policies , procedures , corporate strategy
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer 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 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 Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 Your Answer True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Capital Capital
Companies have strenghts in a number of areas but their key strength are few in number True True
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True True
Select The Blank Question GATT stands for ________. Correct Answer Your Answer
True/False Question Correct Answer Your Answer
general agreement on trade & tariff general agreement on trade & tariff
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False True
Multiple Choice Single Answer Question Core purpose Correct Answer Your Answer
mission mission
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer Your Answer True/False Question
competitive advantage profile competitive advantage profile
Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer Your Answer
True True
Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Strategic evaluation Answer Your Answer Strategic evaluation Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Psychologists Answer Your Answer Psychologists
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer Your Answer
True/False Question Correct Answer Your Answer
favorable condition in the organization's environment. favorable condition in the organization's environment.
Counterfeiter copy but with a difference that can be seen. False 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 Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Self-awareness
Your Answer
Self-awareness
Select The Blank Question Correct Answer
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc. 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
Select The Blank Question
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Correct Answer
________ models can be described as a system that describe how pieces of business fit together. Business
Your Answer
Business
Select The Blank Question Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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 Your Answer
True/False Question
uneconomical separate existence , risk of business gets shared , sharing competence of each other uneconomical separate existence , risk of business gets shared , sharing competence of each other
Correct Answer
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. 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
True/False Question
Conceptual, human & intellectual skills , Decision making ability , communication skills
Correct Answer
Changes in company structure also necessitates changes in the systems in various degrees 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 Correct Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. 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
True/False Question
Staffing
Correct Answer
Change in company's strategy gives rise to problems necessitating a new structure to be made True
Your Answer
True
Select The Blank Question Correct Answer
In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. 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 Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Correct Answer
Numerator may bring short-term results, but there may be serious long-term sacrifices. 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 Correct Answer
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. 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
True/False Question
Systems
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
Select The Blank Question
SWOT analysis
first intensive target
Correct Answer
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc. 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 Correct Answer
A hardware manufacture enters into software is an example of ________integration. 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 Correct Answer
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
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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True
Your Answer
True
True/False Question Correct Answer
Systems are formal and informal rules and regulations that complements the company structure 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 Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings Labour
Your Answer
Fixed
Multiple Choice Multiple Answer Question Factors encouraging joint ventures are Correct Answer Your Answer
uneconomical separate existence , risk of business gets shared , sharing competence of each other risk of business gets shared , sharing competence of each other
Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , simulation
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Correct Answer
Labour satisfaction may result in unethical behaviour as anger. False
Your Answer
True/False Question
False
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 Correct Answer
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Co-ordination
Your Answer
Centralization
Select The Blank Question Correct Answer
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. role model
Your Answer
role model
Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer Your Answer
True/False Question
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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
Multiple Choice Single Answer
Shapers
Question Correct Answer
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 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 Your Answer
True/False Question
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
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 Your Answer
True/False Question
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Multiple Choice Single Answer
Audit committee
Question Correct Answer
Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is significance
Your Answer
risk
True/False Question Correct Answer
Budgets are plans expressed in numerical terms usually in financial terms 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 Your Answer True/False Question
Increased market power , Increased diversification , Increased speed to market Increased market power , Increased diversification
Correct Answer
Companies have strenghts in a number of areas but their key strength are few in number True
Your Answer
True
True/False Question Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False
Your Answer
False
Select The Blank Question Correct Answer
Like roots of a tree, ________of organization is hidden from direct view. 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 Correct Answer
The super structure indicates ways in which company's tasks are integrated or coordinated 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
True/False Question
Staffing
Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. False
Your Answer
True
Select The Blank Question Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders 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 Your Answer
Select The Blank Question
uneconomical separate existence , risk of business gets shared , sharing competence of each other uneconomical separate existence , risk of business gets shared , sharing competence of each other
Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing Traditional
Your Answer
Traditional
Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Your Answer
Operational level system , Knowledge level system , Management level system 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
True/False Question
Structure
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 Your Answer
Increased market power , Increased diversification , Increased speed to market Increased market power , Increased diversification , Increased speed to market
Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate 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 Your Answer
uneconomical separate existence , risk of business gets shared , sharing competence of each other 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 Correct Answer
This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers 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
Your Answer
Match The Following
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process
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
Select The Blank Question
Culture
Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders Psychologists
Your Answer
Psychologists
Select The Blank Question Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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 Your Answer
trends and rate of change of technology , quality & no. of suppliers , logistics , raw material 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
True/False Question
Board of director
Correct Answer
Systems are formal and informal rules and regulations that complements the company structure True
Your Answer
True
True/False Question Correct Answer
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. 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 Correct Answer
Economics of scale requires ________. 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True
Your Answer
True
Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Your Answer
True/False Question
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
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 Correct Answer
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 Correct Answer
Companies have strenghts in a number of areas but their key strength are few in number 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 2
ND
SEM
SM 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 pre-mature 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
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-2 -
STRATEGIC MANAGEMENT 2
ND
SEM
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
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STRATEGIC MANAGEMENT 2
ND
SEM
Question
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 Marketing goals 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
Taking decisions regarding efficient and effective allocation of resources
True/False
-3 -
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STRATEGIC MANAGEMENT 2
ND
SEM
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
-4 -
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STRATEGIC MANAGEMENT 2
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SEM
LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Select The Blank Question Correct Answer
________ identifies the impact of any change on performance Statistical quality control
True/False Question Correct Answer
Three C's affecting today's companies are customer, competition & change True
True/False Question Correct Answer
Getting new users is a position defense strategy. False
Select The Blank Question Correct Answer Select The Blank Question Correct Answer True/False Question Correct Answer
Module of Flotilla strikes an optimum balance of ________ and flexibility Standardization Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Co-ordination Scheduling is a part of strategic management. 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
-5 -
Your Answer
-6 -
STRATEGIC MANAGEMENT 2
ND
SEM
Policies
General statements and Combination of goals, policies, rules understanding which, guide thinking in decision-making
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 Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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
Correct Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. 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
-6 -
-7 Question Correct Answer True/False Question Correct Answer True/False Question Correct Answer
STRATEGIC MANAGEMENT 2
ND
SEM
Modern Accounting uses ________ as a unit of measure Time Divestiture is opposed to diversification. False The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders Psychologists
Select The Blank Question Correct Answer
Bajaj started manufacturing of sunny is an example of ________. concentration strategy
True/False Question Correct Answer
Environmental competitiveness tends to encourage ethical behaviour. 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
-7 -
-8 Select The Blank Question Correct Answer
STRATEGIC MANAGEMENT 2
ND
SEM
The ________ are distinct little business set up as units in a larger company 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 Correct Answer
Numerator may bring short-term results, but there may be serious long-term sacrifices. 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. Self-awareness
Correct Answer
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
-8 -
-9 Turnaround strategy
STRATEGIC MANAGEMENT 2
V.R.S.
ND
SEM
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 Correct Answer
Scheduling is a part of strategic management. 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 Correct Answer
Staffing function applies to all company levels irrespective of levels of hierarchy True
True/False Question Correct Answer
Macro environment has got immediate impact on business. False
Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money True/False Question Correct Answer
Micro environment is the internal environment of a company. 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.
-9 -
Correct Answer
Minimum
- 10 -
STRATEGIC MANAGEMENT 2
ND
SEM
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 Correct Answer
Reciprocal responsibility means equal blames and credit. False
True/False Question Correct Answer
Excelling in one market guarantees success in a new. 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 Correct Answer
Adapter duplicate the leader and claim to be similar or even the same. 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
- 10 -
Correct Answer
- 11 -
STRATEGIC MANAGEMENT 2
ND
Conceptual, human & intellectual skills , Decision making ability , Vision
SEM
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 Correct Answer
Timing of measurement before hand serves the purpose of evaluation. False
True/False Question Correct Answer
According to Michael Porter, the core of efficiency management is strategy. 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 Correct Answer
Arranging training program on productivity is a strategic decision. False
- 11 -
SM assgn : Hemant Multiple Choice Single Answer Question Secondary sources of information are Correct Answer Your Answer True/False Question Correct Answer Your Answer
newspapers, magazines, journals etc. newspapers, magazines, journals etc.
Changes in company structure also necessitates changes in the systems in various degrees True True
Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Asian Paints Answer Your Answer Asian Paints Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Your Answer
Conceptual, human & intellectual skills , Decision making ability , Vision Conceptual, human & intellectual skills , Decision making ability , Vision
Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Your Answer
Operational level system , Knowledge level system , Management level system 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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Your Answer
Creativity , Delegation , Co-ordination Creativity , Delegation , Co-ordination
Multiple Choice Single Answer Question Secondary sources of information are
Correct Answer Your Answer
newspapers, magazines, journals etc. 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 Crisis Answer Your Answer Emergency Multiple Choice Multiple Answer Question Niche marketing means Correct Answer Your Answer
end user specialist , specific customer specialist , geographic specialist 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 Your Answer
Conceptual, human & intellectual skills , Decision making ability , Vision 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 Flotilla concept Answer Your Answer Flotilla concept Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer Your Answer
True/False Question Correct Answer Your Answer
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy provide for an exit strategy , clarity in strategy & responsibilities , blending cultures
Environmental competitiveness tends to encourage ethical behaviour. False False
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Your Answer
Personal Personal
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer Your Answer
unfavorable conditions in external environment. 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 Staffing Answer Your Answer Staffing
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer Your Answer
True/False Question Correct Answer Your Answer
internal analysis internal analysis
According to Michael Porter, the core of efficiency management is strategy. True True
Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates Correct Answer Your Answer
Shapers Shapers
Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Planned performance , Variances , Reasons Planned performance , Variances , Reasons
Systems are formal and informal rules and regulations that complements the company structure True 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 Your Answer
True/False Question Correct Answer Your Answer
high market share high market share
Style of a company are the patterns of actions taken by members of top management over a period of time True True
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer Your Answer
concentration strategy concentration strategy
Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Your Answer
Capital 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 Strategic surveillance Answer 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 Your Answer
True/False Question Correct Answer Your Answer
Leaders Leaders
Excelling in one market guarantees success in a new. False False
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer Your Answer
vertical ( forward ) vertical ( forward )
Multiple Choice Single Answer Question Mass media includes Correct Answer Your Answer
radio, TV, internet etc. radio, TV, internet etc.
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer Your Answer
long- range planning long- range planning
Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Your Answer
Structure Structure
Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Your Answer
Debt , Equity Debt , Risk , Equity
True/False Question Correct Answer Your Answer
Macro environment has got immediate impact on business. False 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 Your Answer
vertical ( backward ) integration horizontal integration
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer Your Answer
More dogs , Few stars More dogs , Few stars
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer
Labour Labour
Counterfeiter copy but with a difference that can be seen. False False
Three C's affecting today's companies are customer, competition & change True
Your Answer
True
Multiple Choice Single Answer Question Investment entry mode are Correct Answer Your Answer
True/False Question Correct Answer Your Answer
joint venture/independent ventures/subsidiaries joint venture/independent ventures/subsidiaries
Under functional strategics we have vertical fit & horizontal fit. True True
Multiple Choice Multiple Answer Question Merger takes place Correct Answer Your Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates 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 Your Answer
Minimum 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 Your Answer
True/False Question
dividing environment into sectors , sub factors , analyze impact of each secto r & 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 , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
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
True/False Question
risk
Correct Answer
Change in company's strategy gives rise to problems necessitating a new structure to be made True
Your Answer
True
Multiple Choice Multiple Answer Question A Company's strategy
Correct Answer Your Answer
Select The Blank Question
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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
True/False Question
Board of directors
Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. 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 Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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
Select The Blank Question
Structure
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 Correct Answer
Companies have strenghts in a number of areas but their key strength are few in number 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 Taking decisions regarding efficient efficient and effective allocation of and effective allocation of resources 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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 Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. 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 Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. 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
Select The Blank Question Correct Answer
Company secretary , Auditor , Financial controller
________ identifies the impact of any change on performance Statistical quality control
Your Answer
Statistical quality control
Multiple Choice Multiple Answer Question Strategic intent Correct Answer Your Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. 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
True/False Question
Adapters
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 Correct Answer
A hardware manufacture enters into software is an example of ________integration. 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 Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 Select The Blank Question
Research and planning , Forecasting
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
True/False Question
Business process
Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. 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 Your Answer
Operational level system , Knowledge level system , Management level system 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 Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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 Link between company & external environment 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 Your Answer
Assumes factory as an isolated entity , It measures only the cost of producing 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 Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate 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
Your Answer
Select The Blank Question
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. 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.
Correct Answer
In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. 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 True/False
leadership
Question Correct Answer
Staffing function applies to all company levels irrespective of levels of hierarchy 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
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
Your Answer
Correct Answer
Japan's major productivity gains are the results of social changes brought about by ________ Statistical quality control
Your Answer
Statistical quality control
Multiple Choice Single Answer Question Strategic management deals with Correct Answer
Business process
Your Answer
True/False Question
Business process
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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees 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 Correct Answer
Changes in company structure also necessitates changes in the systems in various degrees 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
Select The Blank Question
Research and planning , Forecasting
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 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 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 strategic alliances means
Correct Answer
Your Answer
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 Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. 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 Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. 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
Select The Blank Question
Company secretary , Auditor , Financial controller
Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer
core competence
Your Answer
core competence
Select The Blank Question Correct Answer
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc. Operational level systems
Your Answer
Operational level systems
Select The Blank Question Correct Answer
________ models can be described as a system that describe how pieces of business fit together. 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 Correct Answer
Staffing function applies to all company levels irrespective of levels of hierarchy True
Your Answer
True
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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 Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Your Answer
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 v
Board of director
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 Life cycle considerations & avoiding strategies
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
True/False Question
Operational control
Acquisitions which are friendly are termed as "take-overs".
Correct Answer False Your Answer
True/False Question
False
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 Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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 Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders Psychologists
Your Answer
Psychologists
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer Your Answer
dividing environment into sectors , sub factors , analyze impact of each sub factor on organization , description of impact of each subfactor into statement which is positive, neutral or negative. dividing environment into sectors , sub factors , analyze impact of each sub factor on organization , description of impact of each subfactor into statement which is positive, neutral or negative.
sector & a sector & a
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 Correct Answer
Numerator may bring short-term results, but there may be serious long-term sacrifices. False
Your Answer
True
True/False Question Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees True
Your Answer
True
Match The Following Question
Correct Answer
Your Answer
Top level Executives
Taking decisions regarding Taking decisions regarding efficient efficient and effective allocation of and effective allocation of resources 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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. False
Your Answer
False
True/False Question Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True
Your Answer
True
Select The Blank Question Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Self-awareness
Your Answer
Self-awareness
Multiple Choice Multiple Answer Question Strategic intent Correct Answer Your Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Multiple Choice Single Answer
Question Correct Answer
Empower people through great software anytime , any place, on any device'Microsoft 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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
Your Answer
of any change on performance , Instantly spots malfunctions and show where they occur 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
True/False Question
Chief executive
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
Select The Blank Question
Conceptual, human & intellectual skills , Decision making ability
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 Your Answer
Ethics Ethics
Multiple Choice Multiple Answer Question Core ideology Correct Answer Your Answer
core values , core purpose core values , core purpose
Select The Blank Question Factors leading to personnel capability are________. Correct Answer Your Answer
IR, OB IR, OB
Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Systems Answer Your Answer Systems
Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Your Answer
Structure Status
Multiple Choice Single Answer Question Associated external agencies means Correct Answer Your Answer
channel members, customers, suppliers etc. channel members, customers, suppliers etc.
Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer Your Answer
supply chain supply chain
Select The Blank
Question Correct Answer Your Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders Psychologists Psychiatrists
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Your Answer
Checking performance , Reformulate strategies , Standard check Checking performance , Reformulate strategies , Standard check
Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer Your Answer
True/False Question Correct Answer Your Answer
programmed decisions programmed decisions
Micro environment is the internal environment of a company. False False
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Your Answer
Control mechanism , Departmentalisation Control mechanism , Departmentalisation , Specialisation
Multiple Choice Multiple Answer Question Competenncy models reveal three types of capabilities Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient Technical skills , Cognitive skills , Emotional Intelligence Quotient
Focused company is generally protected from competition. True True
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of nonproducing
Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Traditional Traditional
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True True
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer Your Answer
unfavorable conditions in external environment. unfavorable conditions in external environment.
Select The Blank Question ETOP stands for ________. Correct Answer Your Answer
environmental threat & opportunity profile environmental threat & opportunity profile
Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Your Answer
Debt , Equity Risk , Equity , Return
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Your Answer
vertical ( forward ) 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 Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
environmental threat & opportunity profile environmental threat & opportunity profile
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True True
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. False False
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True True
Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Co-ordination Answer Your Answer Co-operation
True/False Question Correct Answer Your Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. False False
Select The Blank Question ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Self-awareness Answer
Your Answer
Emotional quotient
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Your Answer
Statistical quality control Statistical quality control
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer Your Answer
inherent inadequacy of organization inherent inadequacy of organization
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer Your Answer
concentration strategy 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 Your Answer
decision tree decision tree
Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer Your Answer
No-regret moves No-regret moves
Multiple Choice Multiple Answer
Question Correct Answer Your Answer
Three important managerial qualities required for the effective strategic management Conceptual, human & intellectual skills , Decision making ability , Vision Conceptual, human & intellectual skills , Decision making ability , Vision
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Your Answer
Dogs , Question marks Question marks , Stars , Cash cowsCash cowsc
Multiple Choice Multiple Answer Question A Company's strategy Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False False
Multiple Choice Single Answer Question Export entry modes are Correct Answer Your Answer
direct/indirect export direct/indirect export
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Your Answer
Self-discipline 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 Taking decisions regarding efficient efficient and effective allocation of and effective allocation of resources resources
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Factors of appraisal , Relevance of apprasial , Procedure of appraisal Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Counterfeiter copy but with a difference that can be seen. False 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 Culture Answer Your Answer Culture
Multiple Choice Multiple Answer Question Techniques used in environmental appraisal are Correct Answer Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Your Answer
inherent inadequacy of organization inherent inadequacy of organization
Multiple Choice Single Answer Question Mass media includes Correct Answer Your Answer
radio, TV, internet etc. radio, TV, internet etc.
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Your Answer
Factors of appraisal , Relevance of apprasial , Procedure of appraisal Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Your Answer
Creativity , Delegation , Co-ordination Creativity , Delegation , Co-ordination
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Your Answer
Self-discipline Self-discipline
Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Debt , Equity Debt , Equity
Under functional strategics we have vertical fit & horizontal fit. True 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 Your Answer
Staffing Staffing
Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Your Answer
Increased market power , Increased diversification , Increased speed to market 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 role model Answer Your Answer role model Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Your Answer True/False Question Correct Answer Your Answer
Structure Style
Reciprocal responsibility means equal blames and credit. False False
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Delegation Answer Your Answer Delegation Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Statistical quality control Answer Your Answer Statistical quality control Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer Your Answer
fit between the firm and its environment fit between the firm and its environment
True/False Question Correct Answer Your Answer
Getting new users is a position defense strategy. False False
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer Your Answer
unfavorable conditions in external environment. 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 Systems Answer Your Answer Systems True/False Question Correct Answer Your Answer True/False Question Correct Answer Your Answer
Budgets are plans expressed in numerical terms usually in financial terms True True
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False False
Multiple Choice Multiple Answer Question market research is conducted by Correct Answer Your Answer True/False Question Correct Answer Your Answer
by research agencies , by consultants , by employees by employees , by research agencies , by consultants
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True True
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of
Correct Answer Your Answer
Top Management 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 Flotilla concept Answer Your Answer Flotilla concept Multiple Choice Single Answer Question Maintain strategies means Correct Answer Your Answer
no change in strategies maintain environmental changes
Multiple Choice Multiple Answer Question The preparation of ETOP involves Correct Answer 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. 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 Correct Answer Your Answer
Different kinds of information systems are Operational level system , Knowledge level system , Management level system 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 Operational level systems Answer Your Answer Operational level systems Multiple Choice Multiple Answer Question Core ideology Correct Answer Your Answer
core values , core purpose core values , core purpose
Select The Blank Question GATT stands for ________. Correct Answer Your Answer
general agreement on trade & tariff general agreement on trade & tariff
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Your Answer True/False Question Correct Answer Your Answer True/False Question Correct Answer Your Answer
Dogs , Question marks Question marks , Cash cowsCash cowsc
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. False False
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Your Answer
Option Valuation model 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 Crisis Answer Your Answer Crisis True/False Question Correct Answer Your Answer
Scheduling is a part of strategic management. False True
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Your Answer
Time Time
Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer Your Answer
move slowly & surely move slowly & surely
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer Your Answer True/False
internal analysis product performance analysis
Question Correct Answer Your Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. False True
Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Your Answer
Conceptual, human & intellectual skills , Decision making ability , Vision Conceptual, human & intellectual skills , Decision making ability , Vision
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Your Answer
Rites , Myths , Rituals 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 Big bets Answer 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 Select The Blank Question
Strategy
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 Your Answer Select The Blank Question
Increased market power , Increased diversification , Increased speed to market Increased market power , Increased diversification , Increased speed to market GATT stands for ________.
Correct Answer
general agreement on trade & tariff
Your Answer
general agreement on trade & tariff
Select The Blank Question Correct Answer
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. 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 Select The Blank Question
Conceptual, human & intellectual skills , Decision making ability , Vision
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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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
True/False Question
Conceptual, human & intellectual skills , Decision making ability , Vision
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 Correct Answer
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. more usage
Your Answer
more usage
Select The Blank Question Correct Answer
A hardware manufacture enters into software is an example of ________integration. 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
Select The Blank Question
Adapters
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 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. 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Multiple Choice Single Answer Question Secondary sources of informatio n 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 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 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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 Correct Answer
Macro environment has got immediate impact on business. False
Your Answer
True/False Question
False
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
True/False Question
Man-power planning
Staffing function applies to all company levels irrespective of levels of hierarchy
Correct Answer
True
Your Answer
True
True/False Question Correct Answer
Style of a company are the patterns of actions taken by members of top management over a period of time 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 Correct Answer
Style of a company are the patterns of actions taken by members of top management over a period of time 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 Correct Answer
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. role model
Your Answer
qualitative
Match The Following Question
Correct Answer
strategic alliances means
Your Answer
two or more entities join hands for two or more entities join hands for mutual benefit. 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 Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False
Your Answer
True
Select The Blank Question Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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
Select The Blank Question
Man-power planning
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 Link between company & external environment 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
Your Answer
dividing environment into sectors , sub factors , analyze impact of each sub factor on organization , description of impact of each subfactor into statement which is positive, neutral or negative. dividing environment into sectors , sub factors , analyze impact of each sub factor on organization , description of impact of each subfactor into statement which is positive, neutral or negative.
sector & a sector & a
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
Select The Blank Question
Staffing
Correct Answer
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. 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 Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees 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 Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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 Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate 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 Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 Select The Blank Question
Receivables planning
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 Select The Blank Question
significance
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 Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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 Select The Blank Question
Adapters
Correct Answer
Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. 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
True/False Question
resource allocation
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 Crusial problem that affect success to make unconventional decisions
Social Responsibility
Managers to maintain high ethical Managers to maintain high ethical standards 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
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
Match The Following Question
Explicit knowledge
Select The Blank Question
Formal & Systematic
Social, Political, legal & technology
Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. more usage
Your Answer
more usage
Select The Blank Question Correct Answer
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. 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 Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders 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 , For ecasting 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 Correct Answer
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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 Correct Answer
Change in company's strategy gives rise to problems necessitating a new structure to be made True
Your Answer
True
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer Your Answer
Select The Blank Question
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
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 Your Answer
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy 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 Correct Answer
Counterfeiter copy but with a difference that can be seen. 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 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. 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 Your Answer
True/False Question
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
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 Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. 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 Correct Answer
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 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 Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance 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 Correct Answer
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Co-ordination
Your Answer
Select The Blank Question
Centralization
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
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
Your Answer
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)
33.
Chief executive External auditor Financial controller These are moves that will pay off irrespective of what happens in the future
a) b) c) d) 39.
Audit committee
Options Big bets No-regret moves Reserve the right to play 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 Correct Answer
The super structure indicates ways in which company's tasks are integrated or coordinated 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 Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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 Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 Correct Answer
Japan's major productivity gains are the results of social changes brought about by ________ 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
True/False Question
Control
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
Select The Blank Question
Company secretary , Auditor , Financial controller
Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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 Managers to develop the courage to make unconventional decisions to make unconventional decisions
Social Responsibility
Managers to maintain high ethical Managers to maintain high ethical standards 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 Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders 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 Your Answer
True/False Question Correct Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Focused company is generally protected from competition. True
Your Answer
Select The Blank Question
False
________ 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 Matching, converting, minimizing & avoiding strategies & 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 Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate 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
True/False Question
goals , policies , procedures
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/False Question
True
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
True/False Question
licensing / franchising
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 Another method of implementation control 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
True/False Question
Planned performance , Variances , Motivation
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 Correct Answer Your Answer
Staffing function applies to all company levels irrespective of levels of hierarchy True True
Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Your Answer
Increased market power , Increased diversification , Increased speed to market Increased diversification , Increased speed to market , Increased market power
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer Your Answer
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Multiple Choice Multiple Answer Question Merger takes place Correct Answer Your Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates 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 Your Answer
vertical ( forward ) vertical ( forward )
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Your Answer
Time Goals
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer Your Answer
concentration strategy concentration strategy
Multiple Choice Single Answer
Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
A Large-scale community development project was funded to enable farmers to use local resources effectively by Asian Paints Asian Paints
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True True
Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Your Answer
Flotilla 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 Staffing Answer Your Answer Staffing
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer Your Answer
vertical ( forward ) horizontal
Multiple Choice Single Answer Question This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments Correct Reserve the right to play Answer Your Answer Reserve the right to play
Multiple Choice Multiple Answer Question The various areas covered by social responsibility are Correct Answer Your Answer
Inner Circle , Intermediate circle , Outer Circle Inner Circle , Intermediate circle , Outer Circle
Multiple Choice Multiple Answer Question supplier & technological environment is concerned with
Correct Answer Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
True/False Question Correct Answer Your Answer
programmed decisions programmed decisions
Labour satisfaction may result in unethical behaviour as anger. False False
Reciprocal responsibility means equal blames and credit. False False
Excelling in one market guarantees success in a new. False False
Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer Your Answer
vision vision
Select The Blank Question ETOP stands for ________. Correct Answer Your Answer
environmental threat & opportunity profile 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 Your Answer
True/False Question Correct Answer Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate Vital ingredient in determinig it's future , Only factor determing it's success or failure , may result in disaster if inappropriate
Three C's affecting today's companies are customer, competition & change True True
Select The Blank Question Control should involve________ amount of information. Correct Answer Your Answer
True/False Question Correct Answer Your Answer
Minimum Maximum
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. False 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 Your Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. obsession with an organization , what the organization strives for. , concept of optimization
Multiple Choice Multiple Answer
Question Correct Answer Your Answer
Attack strategies are frontal attack , flank attack , encirclement attack frontal attack , flank attack , encirclement attack
Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Your Answer
Moral management Moral management
Multiple Choice Multiple Answer Question Limitations of Traditional cost accounting are Correct Answer Your Answer
Assumes factory as an isolated entity , It measures only the cost of producing 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 Your Answer
Market attractiveness , Business strength Business strength , Profit margin , Competition level
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer Your Answer
core competence goodwill
Select The Blank Question Factors leading to personnel capability are________. Correct Answer Your Answer
True/False Question Correct Answer Your Answer
IR, OB PRM
All policies are 'statements' False True
Multiple Choice Single Answer Question W in SWOT stands for
Correct Answer Your Answer
True/False Question Correct Answer Your Answer
inherent inadequacy of organization inherent inadequacy of organization
Divestiture is opposed to diversification. False True
Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Your Answer
Leaders 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 Man-power planning Answer 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 Your Answer
multinational model , international model , global organizational model 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 Your Answer
Premise control Strategic surveillance
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer Your Answer
internal analysis internal analysis
Multiple Choice Single Answer Question The aim in stability strategies isCorrect Answer Your Answer
True/False Question Correct Answer Your Answer
move slowly & surely move slowly & surely
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. False 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 Operational level systems Answer Your Answer Operational level systems
Multiple Choice Single Answer Question General Electric Matrix is divided into how many cells Correct Answer Your Answer
9 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 Difference between desired and projected performance 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 Your Answer
Operational level system , Knowledge level system , Management level system 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
Select The Blank Question
Strategic evaluation
Control should involve________ amount of information.
Correct Answer
Minimum
Your Answer
Minimum
Select The Blank
Question Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Self-awareness
Your Answer
Emotional quotient
True/False Question Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." True
Your Answer
True
Select The Blank Question Correct Answer
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. 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 Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees True
Your Answer
True
True/False Question Correct Answer
Business ethics is how personal norms do not apply to activities & goals of a commercial firm. 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
Select The Blank Question
Supply chains
Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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 Correct Answer
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. 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 True/False
vertical ( forward )
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 what the company is and why it exists. 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
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 H ammer & 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 Correct Answer
________ should have the ability to develop a visionto see patterns into the future. 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
True/False Question
Supply chains
Style of a company are the patterns of actions taken by members of top management over a period of time
1
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
2
Your Answer
True/False Question
Conceptual, human & intellectual skills , Decision making ability , Vision
Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. True
Your Answer
True
Select The Blank Question Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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
Select The Blank Question
Staffing
Correct Answer
Japan's major productivity gains are the results of social changes brought about by ________ 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
3
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 Correct Answer
Cadbury's add in which Amitabh Bachchan clarifies about the safety of the product (dairy milk) is an example of ________ defense. 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.
4
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
Select The Blank Question Correct Answer
leadership
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Self-awareness
5
Your Answer
Emotional quotient
Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Your Answer
Select The Blank Question
Increased market power , Increased diversification , Increased speed to market Increased market power , Increased diversification , Increased speed to market
Correct Answer
Brush your teeth twice a day is an example of expanding the total market by________. 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
6
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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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
7
Topics Evolution of Stratigic Management Importance of Strategic Management Alfred Chandler William Glueck Strategic Business Unit Levels of Strategy Issues in Strategic Decision Making Stragists and their role in Strategic Management Glueck Hofer Ansoff Sharplin Harrison & St. John StrategicPlanning Process Company Mission & vision Core Values Core Purpose Benefits of a Vision Characteristics of a Mission Statement Key Elements in Developing a Mission Statement Characteristics/Features of a Mission Statement Function of a Mission Statement Need for a Written Mission Statement Contents of Mission Statement C.K. Prahlad & Gray Hamel Strategic Indent Stretch, Leverage and FIT Goals & Objectives Role of Objectives Characteristics of Objective Factors to be considered Objective- setting Critical Success Factors Concept of Environment External & Internal Environment Environment Scanning Sources of Information for Enviornment Scanning Methods and techniques used for environmental scanning Organizational Appraisal Factors Method & Techniques Structuring Environmental Appraisal Grand Strategies Bdimensions of Business Definition Stability Strategy Different type of Diversification strategies Expansion through cooperation Mergers Strategic Alliances Type of Internal Strategies Stopford & Well's International Structure Model Three Differenet Organization Models
Page No 1 2 8 8 10 11 12 13 17 17 17 17 17 18 20 21 21 23 23 23 24 25 25 25 26 26 28 29 29 29 30 30 35 37 38 38 39 42 44 45 45 49 49 50 51 52 52 58 59 59 61
Entry Modes Retrenchment Strategies Turnaround Strategies Divestment Strategies Costs of the corporation Cost of the Unit Depressesd Exit Price Making it Happen Identifying candidates for divestiture Structure the deal and communicate the decision creation and destruction combination Strategies Dimensions of Grand Strategies Business Level Strategies Cost Leadership Differentiation Focus Other Business Strategies Defending Market Share Strategies for a Market Follower Strategies of Market Challenger Strategies of Niche Marketer Strategic Decision Making Under Uncertainty Strategic Posture That can be taken Strategic Portfolio of Actions MCKINSEY 7 S Model Mckinsey 7-S Framework Super ordinate goals Structure System Style Skills Crating New Market Space Looking Across Substitutes Looking across strategic groups within industries Looking across chain of Buyers Looking across complementary product and service offering Looking across functional or emotional appeal to Buyers Looking across time Regenerating large companies Emerging theory of manufacturing Statistical quality control (SQC) Modern Manufacturing Accounting Methods Flotila System Approach Comparative study of thefour concepts Boston consulting group appoach Product Portfolio Star of the portfolio Anatomy of the cash cow portfolio concept
61 61 62 63 63 64 64 64 64 65 65 65 65 66 66 66 67 67 68 68 68 69 73 74 75 75 76 76 77 77 77 78 78 78 80 80 80 80 81 81 81 82 82 82 83 83 83 84 86 87 88 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 Data vs information knowledge level system management level system control system appraisal system motivation system leadership emotional intelligence EQ empathy factors affecting strategic decision making administrative contraints financial constraints The CEO's agenda and management approach Social responsibilities of a business Johnson and Johnson Corporate social responsibility contrasting perspectives Kuntz and O Donnell Peter Dructcher Abraham Maslow Doctrine of Social responsibility Rationale of Social responsibility ethics moral management ammoral management factors mechanisms for ethical management functional strategies budgeting manpower planning HRP HR demand HR supply Production management policies and plans Capacity and utilization POM capital expenditure planning capital structure planning cash flow planning working capital planning dividend planning taxation planning marketing plan (MP) R & D Planning offensive or defensive strategies the knowledge creating company spiral of knowledge from Metaphor to model managing the knowledge creating company redundancy
141 141 142 142 142 143 143 144 145 144 146 146 147 147 147 148 148 148 149 151 151 151 151 151 157 159 159 160 160 161 162 164 165 165 165 166 166 167 168 168 169 170 171 171 171 174 174 175 175 176 176 176
supply chain management customer relationship management (CRM) mass customization spontaneous supply chain customize products Knowledge management system knowledge outsourcing mergers , acquisions , takeovers and restructuring synergy bias sizing the prize strategic evaluation barriers in evaluation strategic survillance emergency alert control operation control measures of performance analyzing variances corrective action Sumantra Ghoshal setting direction by deploying key people internalized behaviours managing information flows through personal relationships employment contract manifestations of the emerging information age age of empowerment interactive control system evaluate corporate strategy transformational efforts transformation process circle Hallmarks big bets adapters Integration Titan Program Policies Procedure premise control strategic surveillance risk competencies ETOP model
177 181 182 184 185 185 186 191 192 194 195 196 201 202 203 204 204 204 205 206 206 207 208 208 209 209 210 211 211 215 216 153 145 75 75 53 54 31 31 31 203 203 215 42 137
Score Card 200525262 Rambabu Sirisetty Strategic Management 09/04/2006 Result for this Assignment 09/04/2006
Number of Correct Questions
43
Number of Skipped Questions
6
Number of Wrong Questions
4
Total Questions attempted
53
P iza D r F
T om ri
Assignment Date
al
Registration Number: Name: Subject: Assignment Status As On:
94 Out of 100.
Total Marks obtained
Pass
d.c
Result
Click here to view the list of attempted question and answers.
o .p m
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
dfw
Multiple Choice Multiple Answer Question Business is rated on which dimensions
cuC
Correct Answer Market attractiveness , Business strength Market attractiveness , Business strength
ww w
Your Answer
Do
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.
Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer
Political- legal , socio-cultural , economic-demographic
Your Answer
vertical ( forward )
T om ri
Correct Answer vertical ( forward )
al
Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer long- range planning Your Answer
long- range planning
o .p m
Multiple Choice Single Answer Question Strategic management deals with
d.c
P iza D r F
Multiple Choice Single Answer Question Strategic management is concerned with
Business process
cuC
Your Answer
dfw
Correct Answer Business process
ww w
Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines
Do
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
Your Answer
concentration strategy
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis internal analysis
al
Your Answer
True/False Question
False
P iza D r F
Your Answer
T om ri
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
d.c
Multiple Choice Single Answer Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment. unfavorable conditions in external environment.
o .p m
Your Answer
cuC
Correct Answer Standardisation
True/False Question
Standardisation
ww w
Your Answer
dfw
Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility
Timing of measurement before hand serves the purpose of evaluation.
Do
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
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
al
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization inherent inadequacy of organization
T om ri
Your Answer
Correct Answer Structure Structure
d.c
Your Answer
P iza D r F
Multiple Choice Single Answer Question It indicates the degree of differentiation
Your Answer
Systems
dfw
o .p m
Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems
cuC
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process
Business process
ww w
Your Answer
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, Matching, converting, minimizing minimizing & avoiding strategies & avoiding strategies
Marketing strategy
Life cycle considerations
Do
Match The Following Question
Multiple Choice Single Answer
Life cycle considerations
Question
Strategic management is concerned with
Correct Answer long- range planning Your Answer
long- range planning
al
Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist end user specialist , specific customer specialist , geographic specialist
T om ri
Your Answer
Multiple Choice Multiple Answer Question Factors encouraging joint ventures are
d.c
P iza D r F
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
Top Management
dfw
Your Answer
o .p m
Correct Answer Top Management
cuC
Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Goals , Resources
ww w
Your Answer
Do
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
Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is
Technology forecasting
True/False Question
Scheduling is a part of strategic management.
Correct Answer False Your Answer
False
P iza D r F
Multiple Choice Single Answer Question Concentric diversification means
T om ri
Your Answer
al
Correct Answer Technology forecasting
Correct Answer new activity related to existing business new activity related to existing business
d.c
Your Answer
True/False Question
dfw
internal transformation
cuC
Your Answer
o .p m
Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation
Do
Your Answer
True/False Question
ww w
Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True True
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
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 Self-awareness
al
Your Answer
T om ri
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation , Specialisation Control mechanism , Departmentalisation
P iza D r F
Your Answer
Getting new users is a position defense strategy.
Correct Answer False False
True/False Question
ww w
cuC
Your Answer
dfw
True/False Question
Labour
o .p m
Your Answer
d.c
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour
Counterfeiter copy but with a difference that can be seen.
Do
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
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
True
Multiple Choice Multiple Answer Question An unhealthy portfolio has
Your Answer
P iza D r F
Correct Answer More dogs , Few stars
T om ri
Your Answer
al
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True
More dogs , Few stars
d.c
True/False Question
Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False False
cuC
Match The Following Question
Vision
Do
mission BHAG
Correct Answer
Your Answer
SWOT analysis
SWOT analysis
what a company wishes to what a company wishes to become or aspires to be. become or aspires to be.
ww w
Fit
dfw
o .p m
Your Answer
what the company is and why it what the company is and why it exists. exists. big headed audacious goals
big headed audacious goals
Strategic Management—Page 1
ASSIGNMENT
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. II. III. IV. V.
The study of function and responsibilities of senior management A crucial problem that affects success in total enterprise. The decision that determine the direction of the organization and shape of its future Identity and molding of its character 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)
e) f) g) h)
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. Managers need to provide speed responses to environmental changes through informational systems and organizational process. As corporate are becoming more integrated with the public life, corporate governance is becoming important which manager may have to practice. Managers should learn to deal with confused and complex situations. They should know to deal with global managers, business protocols and market conditions. 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. b. c. d.
A plan / course of action leading to a direction. It is related to company’s activities. It deals with uncertain future. 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) b) c) d) e)
How to face the competition. Whether to undertake expansions/diversification To be focused/ broad based How to chart a turn around 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
SBU1
STRTEGIES [CORPORATE]
SBU2
FUNCTIONAL
SBU3 (SBU LEVEL)
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
SBU1
SBU2
STRTEGIES [CORPORATE]
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. 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
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.
Strategic Management—Page 11 Company Vision / Mission 1) 2) 3)
Company Vision is What a Company Wishes to become or aspire to be. Company Mission is what the Company is and why it exists 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) 2)
Requirement for success. 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. T runk 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) b)
It’s a target that a company wants to achieve in a future period of time. 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 W – Weakness
O- Opportunity 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
True/False
specialization
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 Reengineering Chapy
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
True/False Question
Self-Appraisal
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
True/False
specialization
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 ro utine 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
True/False Question
Self-Appraisal
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 p lanning 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 Ensuring Implementation of marketing actions of marketing actions
Middle- level Managers
Ensuring proper tactical changes
Ensuring proper tactical changes
Multiple Choice Multiple Answer Question Factor s 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
True/False
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 Factor leading to financial capability capability
The retrieval and usage of Factor leading to Factor leading to information Information Management Information Management Capability Capability The Personnel System
Factor leading to Personnel Capability
Multiple Choice Single Answer
Factor leading to Personnel Capability
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 skil ls 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
True/False
internal analysis
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
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
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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 long-term 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.
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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.
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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 Managers to provide speedy responses to environmental responses to environmental changes 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/False Question
True
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
True/False Question
False
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
True/False Question
Checking performance , Formulate plans , Reformulate strategies
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
True/False Question
end user specialist , specific customer specialist , research specialist
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
True/False Question
product performance analysis
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
True/False Question
Strategic surveillance
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
True/False Question
Strategy
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
True/False
programmed decisions
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 additional product/service for same customers same customers vertical backward integration becoming your own supplier becoming your own supplier means 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 Product line/business their
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
True/False Question
Psychologists
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
True/False Question
counteroffensive
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
True/False Question
Maximum
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
True/False Question
Capital , Information , Expertise
Scheduling is a part of strategic management.
Correct Answer False Your Answer
True/False Question
True
Acquisitions which are friendly are termed as "take- overs".
Correct Answer False Your Answer
True/False Question
True
Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False Your Answer
True/False Question
False
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
True/False Question
potentials and competencies of organization.
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
True/False Question
more usage
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 S.M. is the process, which deals with organizational deals with organizational renewal & growth. 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 Managers to develop the courage to make courage to make unconventional decisions unconventional decisions
Social Responsibility
Managers to maintain high ethical standards
Lateral thinking
Managers to learn to deal Managers to learn to deal with chaotic situations with chaotic situations
Responsiveness
Managers to provide speedy responses to environmental changes
Managers to maintain high ethical standards
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
True/False
specialization
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 ro utine 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
True/False Question
Self-Appraisal
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 p lanning 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
Marks : 2 37.
These following factors determine the desire of risk
a) Strategies
b)
Resources
c)
Competence
d)
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
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 perfor mance 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 Ballast business Gap analysis Corporate parenting Heartland business
Correct Answer
Your Answer
Fit well but low opportunities Difference between desired and projected performance Managing SBU's by a corporate Give the highest priority
Fit well but low opportunities Difference between desired and projected performance Misfit with understanding of critical success factors 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 True/False Question
Team work
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 Select The Blank
Creativity , Delegation , Co-ordination
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 Difference between desired and projected performance 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 Reengineering Chapy
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
True/False
specialization
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 Reengineering Chapy
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
True/False Question
Self-Appraisal
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 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
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
True/False Question
Technical skills , Cognitive skills , Emotional Intelligence Quotient
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 environm ental 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
True/False Question
False
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 customized marketing of marketing actions
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
True/False
specialization
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 ro utine 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
True/False Question
Self-Appraisal
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 p lanning 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
Retrenchment Strategies Contraction of activities through elimination of the scope of one or more of its business
Your Answer Contraction of activities through elimination of the scope of one or more of its business
Divestment Strategies
Involves the sale or Involves the sale or liquidation of a portion of a liquidation of a portion of a business business
Turnaround Strategies
Retrenchments - either internally or externally
Select The Blank Question ETOP stands for ________.
Retrenchments - either internally or externally
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 non- Spell out specific action or nonaction action
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
True/False Question
Trust & fairness , Changed Management , Integrity & thoughtfulness
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
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
Your Answer
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
True/False Question
general agreement on trade & tariff
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
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
Your Answer
Heartland business
corporate
critical success factors
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 True/False
demand & supply of money, capital markets
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 cust omer, 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 Your Answer True
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
True/False
Statistical quality control
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 two or more entities join hands for mutual benefit. hands for mutual benefit. vertical forward integration means
becoming your own customer
horizontal integration means
additional product/service additional product/service for same customers for same customers
vertical backward integration means
becoming your own supplier
True/False Question
becoming your own customer
becoming your own supplier
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
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Vinit
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 what the company is and why it exists. 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
True/False
more usage
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
sm1 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 False
al
Your Answer
Audit committee
P iza D r F
Your Answer
T om ri
Multiple Choice Single Answer Question These people are charged with the responsibility of continuous screening of performance? Correct Answer Audit committee
o .p m
d.c
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
dfw
Multiple Choice Multiple Answer Question The preparation of ETOP involves
ww w
Do
cuC
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
True/False Question
taxes , availability of buyers , market reaction
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
Multiple Choice Single Answer Question In SWOT , S stands for
al
general agreement on trade & tariff
T om ri
Your Answer
Correct Answer favorable condition in the organization's environment. favorable condition in the organization's environment.
P iza D r F
Your Answer
Multiple Choice Single Answer Question Associated external agencies means
channel members, customers, suppliers etc.
o .p m
Your Answer
d.c
Correct Answer channel members, customers, suppliers etc.
dfw
cuC
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
ww w
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of
Do
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
al
Multiple Choice Multiple Answer Question Organizational models are
T om ri
Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
P iza D r F
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning long- range planning
d.c
Your Answer
Multiple Choice Multiple Answer Question The preparation of ETOP involves
dfw
cuC
o .p m
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
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.
ww w
Correct Answer
Do
Match The Following Question
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 Business process
al
Your Answer
T om ri
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Control mechanism , Departmentalisation , Specialisation
True/False Question
Arranging training program on productivity is a strategic decision.
True
o .p m
Your Answer
d.c
Correct Answer False
P iza D r F
Your Answer
Operational level systems
ww w
Your Answer
dfw
cuC
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
Do
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer
Easy availability of resources
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 Select The Blank Question
Ethics
Correct Answer
The benefits of a change in process are defined in terms of ________ cost savings 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 True/False Question
CRM
Correct Answer
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. False
Your Answer
False
Select The Blank Question Correct Answer
________cost accounting measures the cost of producing and ignores the cost of non-producing 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Correct Answer
The actual performance matches the budgeted performance. This is a realistic situation. 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
Select The Blank Question
vision
Correct Answer
Companies employ trained ________ to develop "competency models" to identify potential leaders 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
True/False Question Correct Answer
Board of director
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Correct Answer
________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. 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 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 Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfu nctions 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 Your Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information 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 Correct Answer
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." 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 Your Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates 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 Ballast business opportunities
Your Answer
Fit well but low opportunities
Fit well but low
Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting corporate
Managing SBU's by a corporate
Managing SBU's by a
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
Benchmarking is competitive analysis Michael Hammer & James Chapy GDP stands for
historical analysis
competitive analysis
Reengineering
gross domestic product
Reengineering
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
Your Answer
True
Your Answer
False
True/False Question
All policies are 'statements' False
Your Answer
False
o .p m
Correct Answer
Correct Answer
cuC
Match The Following Question
T om ri
False
d.c
Correct Answer
P iza D r F
Scheduling is a part of strategic management.
dfw
True/False Question
al
Correct Answer
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance True
Your Answer
Barrier in evaluation
Audit and Executive committee
Premise control
Identifies key assumptions
Identifies key assumptions
Type of strategic control
Control
Effectiveness of strategy
Effectiveness of strategy
Do
Emergency alert control evaluation Strategic evaluation
Select The Blank Question
ww w
Rely on short term assessment
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
Your Answer
Information , Expertise , Intelligence
Correct Answer
Premise control
Your Answer
Premise control
Multiple Choice Multiple Answer Question Criteria for making an evaluation are
al
Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time
Consistency with goals , Consistency with environment , Money
Your Answer
Consistency with goals , Consistency with environment , Money
P iza D r F
Multiple Choice Multiple Answer Question Attack strategies are
T om ri
Correct Answer
frontal attack , flank attack , encirclement attack
Your Answer
frontal attack , flank attack , encirclement attack
Multiple Choice Multiple Answer Question Core ideology
core values , core purpose
dfw
Your Answer
core values , core purpose
o .p m
Correct Answer
d.c
Correct Answer
cuC
Multiple Choice Multiple Answer Question Performance is affected by
Do
Your Answer
True/False Question
Distorted resource allocation , Inappropriate structure , Wrong motivational styles Distorted resource allocation , Inappropriate structure , Wrong motivational styles
ww w
Correct Answer
Analysis of variances leads to a plan for corrective action
Correct Answer
True
Your Answer
True
True/False Question Correct Answer
Standards of performance act as the benchmark against which the actual performance is compared. 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 , technology
Multiple Choice Multiple Answer Question Program is a combination of goals , policies , procedures
Your Answer
goals , policies , procedures
Displacing competitor is ________ category of goal. common enemy
Your Answer
common enemy
Your Answer
False
target
Select The Blank Question
Do
Correct Answer Your Answer
ww w
cuC
Your Answer
Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. internal transformation
dfw
Correct Answer
o .p m
False
d.c
Counterfeiter copy but with a difference that can be seen.
Correct Answer
Select The Blank Question
P iza D r F
Correct Answer
True/False Question
T om ri
Select The Blank Question
al
Correct Answer
GATT stands for ________. general agreement on trade & tariff global agreement on trade & taxes
Multiple Choice Multiple Answer Question Strategic intent Correct Answer Your Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. 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
Multiple Choice Multiple Answer Question The reasons for acquisition are
Your Answer
Increased market power , Increased diversification , Increased speed to market Increased market power , Increased diversification , Increased speed to market
Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are
al
Correct Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
Your Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
Reciprocal responsibility means equal blames and credit. False
Your Answer
True
d.c
Correct Answer
P iza D r F
True/False Question
T om ri
Correct Answer
operational decisions
dfw
Your Answer
o .p m
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
cuC
Multiple Choice Multiple Answer Question The various areas covered by social responsibility are
Do
Your Answer
Select The Blank Question
Inner Circle , Intermediate circle , Outer Circle
ww w
Correct Answer
Inner Circle , Intermediate circle , Outer Circle
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
Your Answer
Austere Model , Vendors Model , Civic Model
Select The Blank Question
Your Answer
role model
Multiple Choice Single Answer Question Denominator management cost reduction
Your Answer
cost reduction
P iza D r F
Correct Answer
T om ri
al
Correct Answer
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal. role model
d.c
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
internal analysis internal analysis
ww w
Correct Answer
dfw
Value chain analysis is an effective tool for ________.
cuC
Select The Blank Question
Supply chains
o .p m
Your Answer
Do
Multiple Choice Multiple Answer Question market research is conducted by Correct Answer Your Answer
Select The Blank Question
by employees , by research agencies , by consultants by employees , by research agencies , by consultants
Correct Answer
________ is a modern plant consisting of modules centered around a stage in the production process 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
Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer
False
Your Answer
False
product lines
Your Answer
product lines
Correct Answer
False
Your Answer
False
Correct Answer
True True
cuC
Your Answer
Three C's affecting today's companies are customer, competition & change
o .p m
True/False Question
d.c
Adapter duplicate the leader and claim to be similar or even the same.
dfw
True/False Question
P iza D r F
Correct Answer
T om ri
Multiple Choice Single Answer Question Horizontal integration is concerned with
al
True/False Question
Correct Answer
Do
Your Answer
True/False Question
ww w
Multiple Choice Single Answer Question Mass media includes
radio, TV, internet etc. radio, TV, internet etc.
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.
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
P iza D r F
T om ri
al
Match The Following Question
d.c
Multiple Choice Multiple Answer Question Organizational models are
multinational model , international model , global organizational model
Your Answer
multinational model , international model , global organizational model
dfw
ww w
Do
cuC
o .p m
Correct Answer
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 Executive summary marketing plan
Your Answer Synopsis of marketing plan
Synopsis of
Line Managers Responsibility Ensuring Implementation of marketing actions Taking decisions regarding efficient and effective allocation of resources Middle- level Managers tactical changes
Ensuring proper tactical changes Ensuring proper
Top level Executives allocation of resources
Taking decisions regarding efficient and effective 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
Benchmarking is competitive analysis Michael Hammer & James Chapy GDP stands for
value chain analysis
competitive analysis
Reengineering
gross domestic product
Reengineering
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 Correct Answer
The key principle of moral management is "Can we make money with this action decision or behaviour"? 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 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. 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 Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping 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 Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology 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 True/False Question
Environment Protection Act
Correct Answer
Change in company structure from divisional to matrix also mean changes in the systems in various degrees 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
True/False Question
Big bets
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 Board of Directors
Correct Answer
Your Answer
Link between company & external Link between company & external environment 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
True/False Question
Productivity
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 Correct Answer
Numerator may bring short-term results, but there may be serious long-term sacrifices. 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
True/False Question
Delegation
Micro environment is the internal environment of a company.
Correct Answer
False
Your Answer
False
True/False Question Correct Answer
Style of a company are the patterns of actions taken by members of top management over a period of time 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
True/False Question
Culture
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 Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export 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 Your Answer
uneconomical separate existence , risk of business gets shared , sharing competence of each other 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. company wishes to become or aspires to be. mission what the company is and why it exists. why it exists. BHAG
big headed audacious goals
what a
what the company is and
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 & actions
S.M. is a stream of decisions
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 Ballast business opportunities
Your Answer
Fit well but low opportunities
Fit well but low
Gap analysis Difference between desired and projected performance Some fit and some misfit Corporate parenting Managing SBU's by a corporate understanding of critical success factors Heartland business
Misfit with
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
Your Answer
SM5 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
Line Managers Responsibility customized marketing
Marketing goals
Ensuring Implementation of marketing actions
Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions
Page 6
Top level Executives allocation of resources allocation of resources
SM5 Taking decisions regarding efficient and effective Taking decisions regarding efficient and effective
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
SM6 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. company wishes to become or aspires to be. mission what the company is and why it exists. why it exists. BHAG
big headed audacious goals
what a
what the company is and
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
Your Answer
SM6 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 evaluation
Barrier in evaluation
Barrier in
Premise control Identifies key assumptions Identifies key assumptions Emergency alert control evaluation strategic control Strategic evaluation
Type of strategic control Type of
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 their Product line/business line/business Manufacturing strategy
Productivity
Product
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 develop the courage to make unconventional decisions
Managers to
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 Page 5
Social, Political, legal &
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 Your Answer True
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 Michael Hammer & James Chapy GDP stands for
historical analysis
Reengineering
gross domestic product
Comparative analysis is
Reengineering
gross domestic product
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
Your Answer
SM9 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 committee
Barrier in evaluation
Audit and Executive
Premise control Identifies key assumptions Identifies key assumptions Emergency alert control evaluation Strategic evaluation
Type of strategic control Control
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
Your Answer
SM10 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 Your Answer False
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 Position defense means around one's territory
Becoming your own customer
Fortification around one's territory
Fortification
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 their Product line/business line/business Manufacturing strategy
Productivity
Product
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 4 Ps are
Your Answer
Product, Price, Place, Promotion Page 4
Product, Price, Place,
SM11 Promotion Sources of funds Factor leading to financial capability financial capability
Factor leading to
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 leading to Personnel Capability
Factor
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 Crisis Management organisational learning
Your Answer leads to organisational learning
leads to
Milestone review Another method of implementation control Balanced approach to evaluation
Page 1
SM12 Long and short term controls Balanced approach to evaluation method of implementation control
Another
Variance Actual 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 key assumptions Strategic evaluation
Type of strategic control Identifies
Effectiveness of strategy
Rely on short term assessment committee
Effectiveness of strategy
Barrier in evaluation
Audit and Executive
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 Quotient
Technical skills , Cognitive skills , Emotional Intelligence
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
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 False
True/False Question
Macro environment has got immediate impact on business.
T om ri
al
Your Answer
Correct Answer False False
P iza D r F
Your Answer
Leaders
o .p m
Your Answer
d.c
Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders
True/False Question
True
ww w
Your Answer
dfw
cuC
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True
Select The Blank Question ETOP stands for ________.
Do
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
False
T om ri
Your Answer
al
Arranging training program on productivity is a strategic decision. Correct Answer False
Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning )
d.c
P iza D r F
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
o .p m
Correct Answer newspapers, magazines, journals etc. newspapers, magazines, journals etc.
True/False Question
dfw
Your Answer
ww w
cuC
Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True
Do
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
Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Goals , Resources
P iza D r F
Your Answer
al
internal analysis
T om ri
Your Answer
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC)
o .p m
d.c
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
dfw
Multiple Choice Single Answer Question The aim in stability strategies is-
cuC
Correct Answer move slowly & surely
move slowly & surely
ww w
Your Answer
Do
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 what the company is and why it exists. why it exists.
BHAG
big headed audacious goals
Multiple Choice Multiple Answer Question Factors encouraging joint ventures are
al
big headed audacious goals
False
d.c
Scheduling is a part of strategic management.
Correct Answer False Your Answer
P iza D r F
True/False Question
T om ri
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
o .p m
Multiple Choice Multiple Answer Question Core ideology
core values , core purpose
cuC
Your Answer
dfw
Correct Answer core values , core purpose
ww w
Multiple Choice Single Answer Question Core purpose Correct Answer mission
Do
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
Statistical quality control
T om ri
Your Answer
al
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems
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 Self-awareness
P iza D r F
Your Answer
o .p m
d.c
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 Supply chains
dfw
Your Answer
ww w
cuC
Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business
Do
Your Answer
Business
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer
True/False Question
Business process
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 Standardisation
al
Your Answer
External auditor
P iza D r F
Your Answer
T om ri
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
d.c
Multiple Choice Multiple Answer Question Different kinds of information systems are
o .p m
Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Operational level system , Knowledge level system , Management level system
Psychologists
ww w
Your Answer
dfw
cuC
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists
Do
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 ________
Strategy
T om ri
Your Answer
al
Correct Answer Strategy
True/False Question
Your Answer
True
P iza D r F
Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True
o .p m
d.c
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 departmentation
dfw
Your Answer
cuC
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Top Management
ww w
Your Answer
Do
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 Market attractiveness , Business strength
Multiple Choice Single Answer Question Retrenchment strategy means
T om ri
Correct Answer contraction of business activities
al
Your Answer
contraction of business activities
True/False Question
Under functional strategics we have vertical fit & horizontal fit.
Your Answer
False
d.c
Correct Answer True
P iza D r F
Your Answer
core competence
cuC
Your Answer
dfw
o .p m
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence
ww w
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Ruchi
True/False Question
Macro environment has got immediate impact on business.
Do
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
al
Multiple Choice Single Answer Question It refers to formal and informal rules, regulations and procedures that complements the company structure Correct Answer Systems Systems
True/False Question
Micro environment is the internal environment of a company.
True
d.c
Your Answer
P iza D r F
Correct Answer False
T om ri
Your Answer
Select The Blank Question ________ identifies the impact of any change on performance
o .p m
Correct Answer Statistical quality control
True/False Question
Focused company is generally protected from competition.
dfw
Statistical quality control
cuC
Your Answer
ww w
Correct Answer True
Do
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
Match The Following Question
Correct Answer
al
specialization
Your Answer
T om ri
Your Answer
strategic alliances means two or more entities join two or more entities join hands for mutual benefit. hands for mutual benefit.
vertical backward integration means True/False Question
becoming your own customer
additional product/service additional product/service for same customers for same customers becoming your own supplier
becoming your own supplier
d.c
horizontal integration means
becoming your own customer
P iza D r F
vertical forward integration means
False
cuC
Your Answer
dfw
o .p m
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False
ww w
Multiple Choice Multiple Answer Question Different kinds of information systems are
Do
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
direct/indirect export
T om ri
Your Answer
al
Correct Answer direct/indirect export
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Strategy
True/False Question
P iza D r F
Your Answer
True
o .p m
Your Answer
d.c
Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True
cuC
Correct Answer mission mission
ww w
Your Answer
dfw
Multiple Choice Single Answer Question Core purpose
Do
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
al
True/False Question
Your Answer
T om ri
Three C's affecting today's companies are customer, competition & change Correct Answer True True
P iza D r F
Multiple Choice Multiple Answer Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants by employees , by research agencies , by consultants
d.c
Your Answer
Flotilla concept
cuC
Your Answer
dfw
o .p m
Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept
ww w
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis
Do
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.
taxes , availability of buyers , market reaction
True/False Question
P iza D r F
Your Answer
T om ri
al
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
True
d.c
Style of a company are the patterns of actions taken by members of top management over a period of time Correct Answer True
o .p m
Select The Blank Question GATT stands for ________.
general agreement on trade & tariff
cuC
Your Answer
dfw
Correct Answer general agreement on trade & tariff
ww w
Multiple Choice Single Answer Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Do
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
Top Management
Multiple Choice Multiple Answer Question Strategic intent
T om ri
Your Answer
al
Correct Answer Top Management
d.c
P iza D r F
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.
o .p m
Select The Blank Question Japan's major productivity gains are the results of social changes brought about by ________ Correct Answer Statistical quality control Statistical quality control
dfw
Your Answer
cuC
Multiple Choice Multiple Answer Question Organizational models are
ww w
Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
Do
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.
Correct Answer
Your Answer
Maintain strategy
stable environment
stable environment
Market follower are
imitator
imitator
Market challenger are
bypass attack
Turnaround strategy
V.R.S.
T om ri
al
Match The Following Question
bypass attack
P iza D r F
V.R.S.
Multiple Choice Multiple Answer Question Factors encouraging joint ventures are
o .p m
d.c
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
dfw
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Business process
cuC
Your Answer
ww w
Do
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 Operational level systems
Multiple Choice Single Answer Question Corporate strategy ensures
Your Answer
Vinit
Easy availability of resources
T om ri
Correct Answer fit between the firm and its environment
al
Your Answer
P iza D r F
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Correct Answer move slowly & surely Your Answer
move slowly & surely
o .p m
True/False Question
d.c
Multiple Choice Single Answer Question The aim in stability strategies is-
True
cuC
Your Answer
dfw
Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True
ww w
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of
Do
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
al
Correct Answer by employees , by research agencies , by consultants by employees , by research agencies , by consultants
True/False Question
Macro environment has got immediate impact on business.
T om ri
Your Answer
False
Match The Following Question Fit
what a company wishes to become or aspires to be.
dfw
SWOT analysis what a company wishes to become or aspires to be.
big headed audacious goals
big headed audacious goals
ww w
BHAG
Your Answer
what the company is and what the company is and why it exists. why it exists.
cuC
mission
SWOT analysis
o .p m
Vision
Correct Answer
d.c
Your Answer
P iza D r F
Correct Answer False
Multiple Choice Multiple Answer Question Measures to take corrective action
Do
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
al
Multiple Choice Multiple Answer Question The reasons for acquisition are
T om ri
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
decision tree
d.c
Your Answer
P iza D r F
Correct Answer decision tree
Select The Blank Question Value chain analysis is an effective tool for ________.
o .p m
Correct Answer internal analysis internal analysis
dfw
Your Answer
cuC
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Business process
ww w
Your Answer
Do
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
Correct Answer long- range planning Your Answer
long- range planning
P iza D r F
Select The Blank Question GATT stands for ________.
T om ri
Multiple Choice Single Answer Question Strategic management is concerned with
al
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
d.c
Correct Answer general agreement on trade & tariff general agreement on trade & tariff
True/False Question
Scheduling is a part of strategic management.
Correct Answer False False
cuC
Your Answer
dfw
o .p m
Your Answer
ww w
Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity
Do
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
fit between the firm and its environment
T om ri
Your Answer
al
Correct Answer fit between the firm and its environment
Capital structure planning
Multiple Choice Single Answer Question In SWOT , S stands for
d.c
Your Answer
P iza D r F
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
Correct Answer favorable condition in the organization's environment. favorable condition in the organization's environment.
dfw
o .p m
Your Answer
cuC
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence core competence
ww w
Your Answer
Do
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 True
Select The Blank Question ETOP stands for ________.
environmental threat & opportunity profile
True/False Question
P iza D r F
Your Answer
T om ri
Correct Answer environmental threat & opportunity profile
al
Your Answer
Your Answer
True
d.c
Arranging training program on productivity is a strategic decision. Correct Answer False
more usage
cuC
Your Answer
dfw
o .p m
Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage
True/False Question
ww w
Three C's affecting today's companies are customer, competition & change Correct Answer True
Do
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.
Your Answer
Goals , Resources , Expertise
T om ri
Correct Answer Goals , Resources
al
Multiple Choice Multiple Answer Question They have time based utility
d.c
Your Answer
P iza D r F
Multiple Choice Multiple Answer Question How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Research and planning , Division of labour , Departmentalisation
o .p m
Multiple Choice Multiple Answer Question Organizational models are
dfw
cuC
Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
ww w
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management
Do
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
Ballast business
Correct Answer Fit well but low opportunities
Gap analysis
Difference between desired and projected performance
Corporate parenting
Fit well but low opportunities
Managing SBU's by a corporate
Difference between desired and projected performance
Give the highest priority
Managing SBU's by a corporate Give the highest priority
o .p m
Heartland business
Your Answer
d.c
Match The Following Question
T om ri
Informal
P iza D r F
Your Answer
al
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal
Acquisitions which are friendly are termed as "take-overs".
cuC
Correct Answer False False
ww w
Your Answer
dfw
True/False Question
Select The Blank Question Modern Accounting uses ________ as a unit of measure
Do
Correct Answer Time Your Answer
Time
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 what the company is and why it exists. 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
True/False Question
Business process
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
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Ruchi 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 two or more entities join hands for mutual benefit. hands for mutual benefit. vertical forward integration means
becoming your own customer
becoming your own customer
horizontal integration means
additional product/service additional product/service for same customers 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
Vinit
Easy availability of resources
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 what the company is and why it exists. 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
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