Strategic Management

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 -

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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

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

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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 )

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

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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

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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

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

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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

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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

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

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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

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