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Showing posts with label Strategic Management. Show all posts
Showing posts with label Strategic Management. Show all posts

Thursday, December 9, 2010

Strategic Management
























Monday, October 25, 2010

One line study for Strategic Management

Strategic Management (One Line Study)
1.      Capital = Total asset – Current Liabilities
2.      There are two kinds of funds used by a firm i.e. debt and equity.
3.      The NI (Net Income) Approach has following three assumptions:
·         There are no taxes
·         Cost of debt is less than equity capitalization rate.
·         Use of debt does not change the risk perception of the investors.

4.      With a judicious mixture of debt and equity, a firm can evolve an optimum capital structure which makes value of firm highest and cost of capital is lowest.
5.      In case of NOI (Net Operating Income): The overall capitalization rate remains constant for all levels of financial leverage.
6.       Modigliani –Miller Theorem: There is no relationship between a firm’s market value and capital structure. Profitability of the firm’s activities is the only factor that determines the market value.
7.      Arbitrage process ensures to the investor the same return at lower outlay as he was getting by investing in the firm whose total value was higher and yet his is not increased.
8.      The use of debt by the investor for arbitrage is called homemade and personal leverage.
9.      At a certain point, the raise of bankruptcy costs is higher than the tax shield.
10.  Firm Manager (Insiders) knows more about their firm than shareholders and debt financiers (Outsiders).
11.  The result of asymmetrical information is that companies must provide reliable information, which costs money.
12.  Firms use different kind of accounting methods. Examples are FIFO, LIFO and accrual accounting.
13.  The result of this packing theory is that a firm does not have a certain target debt ratio.
14.  A negative correlation should always exist between cost of capital and profitability. SO Increase in cost of capital means decrease in profitability.
15.  Theoretical and empirical research suggests that financial planner should plan optimal capital structure.
16.  Net Income Approach: A change in financial leverage will lead to corresponding change in overall cost of capital as well as total value of the firm.
17.  The objective of a dividend policy should be to maximize shareholder’s return so that the value of his investment is maximized.
18.  Shareholders return consists of two components namely dividend and capital gains.
19.  A Low payout policy: more retention of profit and less payout of dividend.
20.  A high payout policy: more current dividend and less retained earning that may consequently results in slower growth and perhaps lower market price per share.
21.  Dividend Relevance: Walter’s Model says choice of dividend policies almost always affect the value of the firm.
22.  Growth Firms: Internal rate more than opportunity.
23.  Normal firms: Internal rate equals opportunity.
24.  Declining Firms: Internal rate less than opportunity.
25.  Perfect capital markets: the firm operates in perfect markets where
·         Investors behave rationally.
·         Information is freely available to all.
·         Transaction and floatation costs don’t exist
·         No investor is large enough to affect the market price of share.
26.  The crux of M-M hypothesis is that shareholders do not necessarily depend upon dividends for obtaining cash.
27.  According to the M&M, the only important determinant of a company’s market value is its investment policy because it is responsible for the company future profitability.
28.  Types of dividend Policy:
·         Constant Payout policy(based on earning)
·         Regular and stable dividend payment policy(The most popular kind of dividend policy is one that pays a regular, steady dividend)
·         Multiple Increate in dividend
·         Regular and extra dividend
29.  Declaration date: The date on which the announcement is made of new dividend is called dividend “declaration date”.
30.  Record Date: The dividend payment is made to the members whose names appear in the register of members on a particular date is called “Record date”.
31.  Ex-dividend date: The date from which the stock begins to trade without the right to receive the dividend declared is called “ex-dividend date”.
32.  Payment Date: The date on which company actually mails the dividend warrants is called “payment date”.
33.  FEI survey (The US) of reason of share repurchase is distributing cash to shareholders 28%.
34.  Methods of Buyback: Repurchase Tender Offers, Open market Purchases and Privately Negotiated Repurchases.
35.  The Tender offer price is generally higher than the market price at the time of offer.
36.  Tender offers are used primarily for large equity repurchases.
37.  Open market operations can be spread out over longer period of time offers and are much more widely used for smaller repurchases.
38.  Open market share repurchases programs are weaker signals of stock undervaluation than the tender offers.
39.  Negotiated purchases have been associated with unwelcome suitors for the company and are used to ward off a group sometimes called “Raiders”.
40.  Further issue after buyback: Where a company has resorted to buyback of its shares, it cannot make a further issue of the same kind of securities within a period of six month.
41.  The public announcement shall be made at least seven days before commandment of buy-back.
42.  The deposit in the escrow account shall be made before the date of the public announcement
43.  Theories Behind Share Repurchase:
·         Dividend or Personal Taxation Hypothesis(See Definition)
·         Leverage Hypothesis(See Definition)
·         Information or signaling Hypothesis(See Definition)
·         Wealth Transfer Among Shareholders(See Definition)
·         Defense Against  Outside Takeovers(See Definition)
44.  Capital Asset Pricing Model (CAPM) is an equilibrium model, which describes the pricing of assets as well as derivatives.
45.  Risk that can be away is called diversifiable risk or non systematic.
46.  Rationale of CAPM: This method of valuing assets and calculating the cost of for an alternative i.e. the capital asset pricing model has come to dominate modern finance.
47.  Investors can eliminate some sorts of risks known as Residual risk or alpha, by holding a diversified portfolio.
48.  Some risk such as global recession cannot be eliminated through diversification.
49.  Absorption: It is a combination of two or more companies into an existing company.
50.  Consolidation: It is a combination of two or more companies into a new company.
51.  Forms of Mergers: Horizontal Mergers, Vertical Mergers and Conglomerate Mergers.
52.  Horizontal Merger: This type of merger involves two firms that operate and compete in a similar kind of business.
53.  Vertical Mergers: Vertical mergers take place between firms in different stages of production/operations, either as forward or backward integration. Forward integration take place when a raw material supplier finds a regular procurer of its products while backward integration take place when a manufacturer finds a cheap source  of raw material supplier.
54.   Conglomerates Mergers: Conglomerates mergers are affected among firms that are in different or unrelated business activity. Firms that plan to increase their product lines carry out these types of mergers.
55.  Financial Conglomerates: These conglomerates provide a flow of funds to every segment of their operations, exercise control and are the ultimate financial risk takers.
56.  Friendly Takeover: The acquiring firm makes a financial proposal to target firm’s management and board.
57.  Hostile Takeover: A hostile takeover may not follow a preliminary attempt at a friendly takeover.
58.  Motive and Benefit of Merger: Limit competition, Utilize under-utilized market power, overcome the problem of slow growth and profitability, achieve diversification, and utilize under-utilized resources like human, physical and managerial skills.
59.  Enhanced profitability: Economies of scale, operating economies and synergy.
60.  Investor can reduce the non-systematic risk (i.e. company related risk) by diversification of their investment in share of a large number of companies.
61.  The managerial synergy hypothesis is an extension of the differential efficiency theory. It states that a firm, whose management team has greater competency than is required by the current task in the firm.
62.  The managerial synergy hypothesis is not relevant to the conglomerate type of mergers.
63.  Financial synergy occurs as a result of the lower costs of internal financing versus external financing.
64.  Operating economies of scale are achieved through Horizontal, Vertical and Conglomerate mergers.
65.  Analysis of mergers and acquisitions:  Planning, Searching and screening and Financial evaluation.
66.  Book value: This based on the balance sheet value of owner’s equity. It is determined by giving net worth by the number of equity shares outstanding.
67.  Appraisal value: This value is normally based on the replacement Cost of assets.
68.  Market Value: Market value in the stock market quotations comprising yet another approach for estimating the value of a business.
69.  For a firm having a high P/E ratio, ordinary shares represent ideal method for financing mergers and acquisitions.
70.  Equity share is advantageous when the P/E ratio is high, for both the parties.
71.  Tender offers as a method of acquiring a firm involve a bid by acquiring firm for controlling interest in the acquired firm. This approach is that purchaser approaches the shareholders of the firm rather than the management to encourage them to sell their share generally at a premium over the current market price.
72.   A number of defensive tactics can be used to counter tender offer. Theses defensive tactics include white knights and Pac-Mans.
73.  Interest of small investor: Usually the “Controlling Block” tends to be between 20 and 40 percent and is usually acquired from a single seller.
74.  Notification: The acquire should intimate to the target company and the concerned stock exchange as soon as its holding touches 5% of the voting capital of the target company.
75.  Some time amalgamation and consolidation is used interchangeably.
76.  ABC is a technique to quantitatively measure the cost and performance of activities, resources and cost objects, including when appropriate, overhead.
77.  ABC is a process of simplifying and clarifying decisions required by the process evaluators and senior management using activity costs rather than gross allocations.
78.  Most current established accounting systems normally capture and distribute resource costs by one of the following methods: Organizational element, budgetary account and Traditional cost accounting with direct and indirect cost allocation.
79.  Direct Traceable cost: only raw material.
80.  Traceable Cost: accounted for per activity.
81.  Non Traceable cost: Small proportion that cannot be traced, like postage.
82.  An activity model is a tool to assist in understanding and defining an organization.
83.   An activity is the transformation of inputs into outputs performed by mechanism under the constraint set by controls.
84.  Mechanism is never a part of the output while inputs are always in some way or the other part of the output.
85.  Budgetary records maintained separately from the accounting systems. The records are useful to validate accounting costs, provide a rationale for division of costs or to replace missing data.
86.  The number of employees is normally expressed in full-time equivalent (FTE).
87.  Cost Benefit Analysis: This is the simplest form of comparison between ideas to determine which is faster, better or cheaper.
88.  Characteristics of working capital are :
·         It is continually required for a going concern.
·         Quantum of working capital fluctuates depending on the level of activity.
·         It is impacted by numerous transactions on a continuous basis.
·         Decisions related to it are repetitive and frequent.
89.  Factor influencing working capital requirements: Nature of Business, Seasonality of Operations, Production Policy, Market Conditions and Conditions of supply.
90.  Net Working Capital: It is the difference between current assets and current liabilities.
91.  Working capital is considered as life blood of an enterprise.
92.  As per the study conducted by RBI, current assets constitute more than 50 percent of the total assets of the companies covered by study.
93.  Flexible or conservative Policy: The investments in the current assets are high in this case. I.e. Maintenance of huge cash balances and marketable securities, large stock of inventories, generous term of credit are adopted under this policy. Therefore results fewer production stoppages, ensures quick deliveries, to customers and stimulates sales.
94.   Aggressive Approach: There is very large risk of shortage of funds, leading to liquidity problems. This may cause frequent stoppages, delayed deliveries to customers and loss of sales.
95.   A quantity discount is offered on large shipment.
96.  Accrued Expenses:  The expenses is incurred or accrued but not yet paid. Usually a date specified when the accrued expense must be paid. Wages, Income Tax, Property Tax are the example of it.
97.  The float indicates the difference between the bank balances as per the bank book and as per the bank pass book/bank statement.
98.  Postal Float: Time required from receiving the cheque from the customer through the post office. 
99.  Deposit Float: Time required by the company to process the received cheque and deposit the same in the bank.
100.    Bank Float:  Time required by the banker of the company to collect the payment from customers bank.
101.    The cost of an investment includes acquisition charges such as brokerages, fees and duties.
102.    Equity is the residual interest in the assets of an enterprise after deducting all its liabilities.
103.    Significant influence may be gained by share ownership, statute or agreement.
104.    Shares, Debentures and other securities held as “Stock in Trade” are not investment as defined in this statement.
105.    Recognition of Interest, dividend and rental earned on investment are covered by Accounting Standard 9 “Revenue Recognition”.
106.    Accounting Standard (AS) 13 ---à Accounting for investment.
107.    Accounting Standard (AS) 19 ---à for lease.
108.    Accounting Standard (AS) 23 ---à Accounting for investments in associates in consolidated financial statements.
109.    Accounting Standard (AS) 27 ---à Financial reporting of interests in Joint Ventures.
110.    Accounting Standard (AS) 4 ---à Contingencies and event occurring after balance sheet date.
111.    Accounting Standard (AS) 21 ---à Consolidated Financial Statement.
112.    Accounting Standard (AS) 02 ---à Inventory.
113.    Human Capital also provides expert services such as consulting, financial planning and assurance services, which are valuable and very much in demand.
114.    HRA can help in creating goodwill for a company. The company can project itself in having best practices with superior policies in place. Expert believes that this may help in the organization attract more investments.
115.    Exit Cost Analysis: Exit costs can be classified into three categories, of lost efficiency prior to separation, job vacancy cost during the new search and termination pay.
116.    Deterrents are low awareness and acceptance and lack of an industry statndard.








Friday, July 23, 2010

Strategic Management









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
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
legal system, implementation, infrastructure , import-export , govt. policies, stability, philosophy of govt.

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
The control process requires the following types of information
Correct Answer
Planned performance , Variances , Reasons
Your Answer
Planned performance , Variances , Reasons

True/False
Question
Budgets are plans expressed in numerical terms usually in financial terms
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
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

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
Secondary sources of information are
Correct Answer
newspapers, magazines, journals etc.
Your Answer
newspapers, magazines, journals etc.

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
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
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
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
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

Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
internal analysis

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
It is used extensively in organisation and is concerned with action or performance
Correct Answer
Operational control
Your Answer
Operational 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 Multiple Answer
Question
Money is invested by way of
Correct Answer
Debt , Equity
Your Answer
Debt , Equity

Select The Blank
Question
________ relationships are effective in communicating complex information
Correct Answer
Personal
Your Answer
Personal

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
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
internal analysis

True/False
Question
Environmental competitiveness tends to encourage ethical behaviour.
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

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
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
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

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
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

True/False
Question
Arranging training program on productivity is a strategic decision.
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

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
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

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
Strategic management deals with
Correct Answer
Business process
Your Answer
Business process

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
Displacing competitor is ________ category of goal.
Correct Answer
common enemy
Your Answer
common enemy

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
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
W in SWOT stands for
Correct Answer
inherent inadequacy of organization
Your Answer
inherent inadequacy of organization

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

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
CAP related to internal appraisal of firm stands for
Correct Answer
competitive advantage profile
Your Answer
competitive advantage profile

Multiple Choice Single Answer
Question
It enables the strategists to take corrective action at the right time
Correct Answer
Premise control

True/False
Question
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.
Correct Answer
False

True/False
Question
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
Correct Answer
True

Multiple Choice 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
Contractual entry modes are
Correct Answer
licensing / franchising

Match The Following
Question
Correct Answer
Market follower are
Imitator
Horizontal integration means
Additional product/service for same customers
Vertical forward integration means
Becoming your own customer
Position defense means
Fortification around one's territory

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

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

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

Multiple Choice Multiple Answer
Question
Measures to take corrective action
Correct Answer
Checking performance , Reformulate strategies , Standard check

Match The Following
Question
Correct Answer
Your Answer
strategic alliances means
two or more entities join hands for mutual benefit.
vertical forward integration means
becoming your own customer
horizontal integration means
additional product/service for same customers
vertical backward integration means
becoming your own supplier

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
The various models of social responsibility are
Correct Answer
Austere Model , Vendors Model , Civic Model

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 Multiple Answer
Question
What is Statistical Quality Control(SQC)
Correct Answer
Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process

True/False
Question
The super structure indicates ways in which company's tasks are integrated or coordinated
Correct Answer
True

Multiple Choice Multiple Answer
Question
The Hallmarks for self-regulation are
Correct Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness

Multiple Choice Single Answer
Question
Strategic management is mainly the responsibility of
Correct 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

True/False
Question
The actual performance matches the budgeted performance. This is a realistic situation.
Correct 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

Multiple Choice Single Answer
Question
The discipline which deals with what is good and bad and which moral obligation is
Correct Answer
Ethics

True/False
Question
Arranging training program on productivity is a strategic decision.
Correct Answer
False

True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False

True/False
Question
Under functional strategics we have vertical fit & horizontal fit.
Correct Answer
True

Multiple Choice Multiple Answer
Question
Program is a combination of
Correct Answer
goals , policies , procedures

Multiple Choice Single Answer
Question
T in SWOT, refers to
Correct Answer
unfavorable conditions in external environment.

True/False
Question
Numerator may bring short-term results, but there may be serious long-term sacrifices.
Correct Answer
False

True/False
Question
Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer
True

Multiple Choice Single Answer
Question
In SWOT , S stands for
Correct Answer
favorable condition in the organization's environment.

Multiple Choice Multiple Answer
Question
Different kinds of information systems are
Correct Answer
Operational level system , Knowledge level system , Management level system

Multiple Choice Single Answer
Question
Strategic management deals with
Correct Answer
Business process

Select The Blank
Question
________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer
Traditional

True/False
Question
Getting new users is a position defense strategy.
Correct Answer
False

Select The Blank
Question
Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer
Psychologists

Multiple Choice Single Answer
Question
Associated external agencies means
Correct Answer
channel members, customers, suppliers etc.

Select The Blank
Question
Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer
core competence

Select The Blank
Question
Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer
vertical ( forward )

Multiple Choice Single Answer
Question
Financial environment is concerned with
Correct Answer
demand & supply of money, capital markets

Select The Blank
Question
A hardware manufacture enters into software is an example of ________ integration.
Correct Answer
horizontal

Select The Blank
Question
________ should have the ability to develop a visionto see patterns into the future.
Correct Answer
Leaders

True/False
Question
Macro environment has got immediate impact on business.
Correct Answer
False

Multiple Choice Single Answer
Question
Strategic management is concerned with
Correct Answer
long- range planning

Multiple Choice Multiple Answer
Question
Performance is affected by
Correct Answer
Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Select The Blank
Question
In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.
Correct Answer
Delegation

Select The Blank
Question
________ is the drive to achieve beyond one's expectations
Correct Answer
Motivation

Multiple Choice Multiple Answer
Question
Money is invested by way of
Correct Answer
Debt , Equity

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

Multiple Choice Multiple Answer
Question A Company's strategy
Correct Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Your Answer Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate

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 Mass media includes
Correct Answer radio, TV, internet etc.
Your Answer radio, TV, internet etc.

Select The Blank
Question ________ and greater accountability replace formal control.
Correct Answer Self-discipline
Your Answer Self-discipline

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 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 Scheduling is a part of strategic management.
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 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 Business is rated on which dimensions
Correct Answer Market attractiveness , Business strength
Your Answer Market attractiveness , Business strength

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 ________ should have the ability to develop a visionto see patterns into the future.
Correct Answer Leaders
Your Answer Leaders

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 Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer
Question Principles to manage strategic alliances are
Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Your Answer 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 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 Horizontal integration is concerned with
Correct Answer product lines
Your Answer product lines

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 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 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

True/False
Question Excelling in one market guarantees success in a new.
Correct Answer False
Your Answer False

True/False
Question Analysis of variances leads to a plan for corrective action
Correct Answer True
Your Answer True

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 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

Board of Directors Link between company & external environment Link between company & external environment

Profit centers S.B.U. s S.B.U. s

S.B.U.s are more focused on their Product line/business Product line/business

Manufacturing strategy Productivity Productivity


True/False
Question Arranging training program on productivity is a strategic decision.
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 They have time based utility
Correct Answer Goals , Resources
Your Answer Goals , Resources

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 culture of a company is conveyed through
Correct Answer Rites , Myths , Rituals
Your Answer Rites , Myths , Rituals

Select The Blank
Question ________ is the company's most critical and scarest resource.
Correct Answer Capital
Your Answer Capital

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 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

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 These people are charged with the responsibility of continuous screening of performance?
Correct Answer Audit committee
Your Answer Audit committee

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 It is the most important feature in the implementation of strategic management
Correct Answer leadership
Your Answer leadership

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

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

Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer internal analysis

True/False
Question The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer
Question Core ideology
Correct Answer core values , core purpose
Your Answer core values , core purpose

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 Economics of scale requires ________.
Correct Answer high market share
Your Answer high market share

at 5:35 AM 0 comments Links to this post

Labels: Strategic Management

Strategic Management - 1

LIST OF ATTEMPTED QUESTIONS AND ANSWERS



True/False
Question
Macro environment has got immediate impact on business.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
These people are charged with the responsibility of continuous screening of performance?
Correct Answer
Audit committee
Your Answer
Audit committee

Multiple Choice Multiple Answer
Question
Factors to be considered in political- legal environmental scanning are
Correct Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure

Multiple Choice Multiple Answer
Question
The preparation of ETOP involves
Correct Answer
dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
Your Answer
dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.

Multiple Choice Multiple Answer
Question
Factors to be considered while deciding candidates for divestiture are
Correct Answer
taxes , availability of buyers , market reaction
Your Answer
taxes , availability of buyers , market reaction

True/False
Question
Style of a company are the patterns of actions taken by members of top management over a period of time
Correct Answer
True
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
analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative. , dividing environment into sectors , sub factors

Match The Following
Question
Correct Answer
Your Answer
Maintain strategy
stable environment
stable environment
Market follower are
imitator
imitator
Market challenger are
bypass attack
bypass attack
Turnaround strategy
V.R.S.
V.R.S.

Multiple Choice Multiple Answer
Question
Factors encouraging joint ventures are
Correct Answer
uneconomical separate existence , risk of business gets shared , sharing competence of each other
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

True/False
Question
The key principle of moral management is "Can we make money with this action decision or behaviour"?
Correct Answer
False
Your Answer
False

Select The Blank
Question
A hardware manufacture enters into software is an example of ________integration.
Correct Answer
vertical ( forward )
Your Answer
horizontal

Multiple Choice Multiple Answer
Question
The preparation of ETOP involves
Correct Answer
dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.
Your Answer
dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.

Multiple Choice Single Answer
Question
The strategies which deal with the relative and restricted function for allocation of resources is
Correct Answer
Funcational streategies
Your Answer
Funcational streategies

Multiple Choice Multiple Answer
Question
Techniques used in environmental appraisal are
Correct Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

Multiple Choice Multiple Answer
Question
supplier & technological environment is concerned with
Correct Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Your Answer
quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
internal analysis

Multiple Choice Single Answer
Question
The decisions which are applied to structured or routine problems are
Correct Answer
programmed decisions
Your Answer
programmed decisions

Multiple Choice Multiple Answer
Question
These following factors determine the desire of risk
Correct Answer
Strategies , Resources
Your Answer
Strategies , Resources , Competence

Multiple Choice Single Answer
Question
In SWOT , S stands for
Correct Answer
favorable condition in the organization's environment.
Your Answer
potentials and competencies of organization.

Multiple Choice Single Answer
Question
Financial environment is concerned with
Correct Answer
demand & supply of money, capital markets
Your Answer
demand & supply of money, capital markets

Multiple Choice Multiple Answer
Question
Harveststrategy is used for
Correct Answer
Dogs , Question marks
Your Answer
Dogs , Question marks

True/False
Question
Timing of measurement before hand serves the purpose of evaluation.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Degree to which the decision maker is accountable for the outcomes of the decision is
Correct Answer
accountability
Your Answer
accountability

True/False
Question
Systems are formal and informal rules and regulations that complements the company structure
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the
Correct Answer
Environment Protection Act
Your Answer
Environment Protection Act

True/False
Question
Change in company structure from divisional to matrix also mean changes in the systems in various degrees
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
They are ultimately responsible for all the administrative aspects of strategic evaluation and control
Correct Answer
Chief executive
Your Answer
External auditor

Multiple Choice Single Answer
Question
This portfolio involves major capital investments which will result in either large pay offs or large losses
Correct Answer
Big bets
Your Answer
Big bets

True/False
Question
Getting new users is a position defense strategy.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is
Correct Answer
Receivables planning
Your Answer
Taxation planning

Match The Following
Question
Correct Answer
Your Answer
Board of Directors
Link between company & external environment
Link between company & external environment
Profit centers
S.B.U. s
S.B.U. s
S.B.U.s are more focused on their
Product line/business
Product line/business
Manufacturing strategy
Productivity
Productivity

True/False
Question
Macro environment has got immediate impact on business.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
Three important managerial qualities required for the effective strategic management
Correct Answer
Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer
Conceptual, human & intellectual skills , Decision making ability , Vision

Select The Blank
Question
________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.
Correct Answer
Operational level systems
Your Answer
Operational level systems

Multiple Choice Multiple Answer
Question
Money is invested by way of
Correct Answer
Debt , Equity
Your Answer
Debt , Risk , Equity

True/False
Question
Numerator may bring short-term results, but there may be serious long-term sacrifices.
Correct Answer
False
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
4 Ps are
Product, Price, Place, Promotion
Product, Price, Place, Promotion
Sources of funds
Factor leading to financial capability
Factor leading to financial capability
The retrieval and usage of information
Factor leading to Information Management Capability
Factor leading to Information Management Capability
The Personnel System
Factor leading to Personnel Capability
Factor leading to Personnel Capability

Multiple Choice Multiple Answer
Question
The culture of a company is conveyed through
Correct Answer
Rites , Myths , Rituals
Your Answer
Rites , Myths , Rituals

Select The Blank
Question
In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.
Correct Answer
Delegation
Your Answer
Delegation

True/False
Question
Micro environment is the internal environment of a company.
Correct Answer
False
Your Answer
False

True/False
Question
Style of a company are the patterns of actions taken by members of top management over a period of time
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Business is rated on which dimensions
Correct Answer
Market attractiveness , Business strength
Your Answer
Market attractiveness , Business strength , Competition level

Multiple Choice Single Answer
Question
It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour
Correct Answer
Culture
Your Answer
Culture

True/False
Question
According to Michael Porter, the core of efficiency management is strategy.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
These people are primarily responsible for operating control based on budgeting, reporting and financial analysis
Correct Answer
Company secretary , Auditor , Financial controller
Your Answer
Company secretary , Auditor , Financial controller

Multiple Choice Multiple Answer
Question
Factors to be considered in political- legal environmental scanning are
Correct Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export

Multiple Choice Single Answer
Question
W in SWOT stands for
Correct Answer
inherent inadequacy of organization
Your Answer
inherent inadequacy of organization

Multiple Choice Multiple Answer
Question
Factors encouraging joint ventures are
Correct Answer
uneconomical separate existence , risk of business gets shared , sharing competence of each other
Your Answer
uneconomical separate existence , risk of business gets shared , sharing competence of each other

Multiple Choice Single Answer
Question
It refers to formal and informal rules, regulations and procedures that complements the company structure
Correct Answer
Systems
Your Answer
Systems

Multiple Choice Single Answer
Question
It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected events
Correct Answer
Emergency alert contriol
Your Answer
Emergency alert contriol

Select The Blank
Question
Control should involve________ amount of information.
Correct Answer
Minimum
Your Answer
Minimum

True/False
Question
Macro environment has got immediate impact on business.
Correct Answer
False
Your Answer
True

Select The Blank
Question
________ models can be described as a system that describe how pieces of business fit together.
Correct Answer
Business
Your Answer
Business

Select The Blank
Question
Economics of scale requires ________.
Correct Answer
high market share
Your Answer
high market share

Multiple Choice Single Answer
Question
Financial environment is concerned with
Correct Answer
demand & supply of money, capital markets
Your Answer
demand & supply of money, capital markets

Multiple Choice Multiple Answer
Question
They have time based utility
Correct Answer
Goals , Resources
Your Answer
Employess , Resources



Multiple Choice Single Answer
Question
Vertical integration is concerned with
Correct Answer
supply chain
Your Answer
supply chain

True/False
Question
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
Correct Answer
True
Your Answer
True

True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
False

True/False
Question
All policies are 'statements'
Correct Answer
False
Your Answer
False

Match The Following
Question
Correct Answer
Your Answer
Rely on short term assessment
Barrier in evaluation
Audit and Executive committee
Premise control
Identifies key assumptions
Identifies key assumptions
Emergency alert control evaluation
Type of strategic control
Control
Strategic evaluation
Effectiveness of strategy
Effectiveness of strategy

Select The Blank
Question
Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer
core competence
Your Answer
core competence

Multiple Choice Multiple Answer
Question
Critical resources in the emerging information age are
Correct Answer
Information , Expertise , Intelligence
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
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

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
Your Answer
Austere Model , Vendors Model , Civic Model

Select The Blank
Question
A cycling accessory firm strive to become 'the nike of the cycling industry' is ________category of goal.
Correct Answer
role model
Your Answer
role model

Multiple Choice Single Answer
Question
Denominator management
Correct Answer
cost reduction
Your Answer
cost reduction

Multiple Choice Single Answer
Question
A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is
Correct Answer
Supply chains
Your Answer
Supply chains

Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
internal analysis

Multiple Choice Multiple Answer
Question
market research is conducted by
Correct Answer
by employees , by research agencies , by consultants
Your Answer
by employees , by research agencies , by consultants

Select The Blank
Question
________ is a modern plant consisting of modules centered around a stage in the production process
Correct Answer
Flotilla concept
Your Answer
Flotilla concept

True/False
Question
Companies have strenghts in a number of areas but their key strength are few in number
Correct Answer
True
Your Answer
True

True/False
Question
Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Horizontal integration is concerned with
Correct Answer
product lines
Your Answer
product lines

True/False
Question
Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer
False
Your Answer
False

True/False
Question
Three C's affecting today's companies are customer, competition & change
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Mass media includes
Correct Answer
radio, TV, internet etc.
Your Answer
radio, TV, internet etc.

True/False
Question
Focused company is generally protected from competition.
Correct Answer
True
Your Answer
False

Select The Blank
Question
Module of Flotilla strikes an optimum balance of ________ and flexibility
Correct Answer
Standardisation
Your Answer
Standardisation

Multiple Choice Single Answer
Question
T in SWOT, refers to
Correct Answer
unfavorable conditions in external environment.
Your Answer
unfavorable conditions in external environment.

Match The Following
Question
Correct Answer
Your Answer
Market follower are
Imitator
Imitator
Horizontal integration means
Additional product/service for same customers
Additional product/service for same customers
Vertical forward integration means
Becoming your own customer
Becoming your own customer
Position defense means
Fortification around one's territory
Fortification around one's territory

Multiple Choice Multiple Answer
Question
Organizational models are
Correct Answer
multinational model , international model , global organizational model
Your Answer
multinational model , international model , global organizational model

Select The Blank
Question
Factors leading to personnel capability are________.
Correct Answer
IR, OB
Your Answer
IR, OB

Multiple Choice Multiple Answer
Question
market research is conducted by
Correct Answer
by employees , by research agencies , by consultants
Your Answer
by employees , by research agencies , by consultants

Multiple Choice Single Answer
Question
Retrenchment strategy means
Correct Answer
contraction of business activities
Your Answer
contraction of business activities

Multiple Choice Single Answer
Question
The discipline which deals with what is good and bad and which moral obligation is
Correct Answer
Ethics
Your Answer
Ethics

Select The Blank
Question
The benefits of a change in process are defined in terms of ________ cost savings
Correct Answer
Labour
Your Answer
Labour

Multiple Choice Single Answer
Question
An approach that strives to follow ethical principles and percepts is
Correct Answer
Moral management
Your Answer
Moral management

Match The Following
Question
Correct Answer
Your Answer
vertical forward integration means
becoming your own customer
becoming your own customer
horizontal integration means
additional product/service for same customers
additional product/service for same customers
vertical backward integration means
becoming your own supplier
becoming your own supplier
strategic alliances means
two or more entities join hands for mutual benefit.
two or more entities join hands for mutual benefit.

Multiple Choice Single Answer
Question
Strategic management deals with
Correct Answer
Business process
Your Answer
Business process

Select The Blank
Question
Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer
Time
Your Answer
Time

Multiple Choice Single Answer
Question
A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them is
Correct Answer
CRM
Your Answer
CRM

True/False
Question
Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices.
Correct Answer
False
Your Answer
False

Select The Blank
Question
________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer
Traditional
Your Answer
Traditional

True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
Three important managerial qualities required for the effective strategic management
Correct Answer
Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer
Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Multiple Answer
Question
Techniques used in environmental appraisal are
Correct Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer
single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

Multiple Choice Single Answer
Question
At this strategic level, the effort is directed at assessing how well the organisation is pursuing a given strategy
Correct Answer
Operational evaluation
Your Answer
Implementation evaluation

Multiple Choice Single Answer
Question
Corporate strategy ensures
Correct Answer
fit between the firm and its environment
Your Answer
Easy availability of resources

Multiple Choice Single Answer
Question
Core purpose
Correct Answer
mission
Your Answer
mission

Multiple Choice Single Answer
Question
CAP related to internal appraisal of firm stands for
Correct Answer
competitive advantage profile
Your Answer
competitive advantage profile

True/False
Question
The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer
False
Your Answer
False

True/False
Question
Micro environment is the internal environment of a company.
Correct Answer
False
Your Answer
False

True/False
Question
Acquisitions which are friendly are termed as "take-overs".
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Mission
Correct Answer
philosophy, public image
Your Answer
philosophy, public image

Select The Blank
Question
________ identifies the impact of any change on performance
Correct Answer
Statistical quality control
Your Answer
Statistical quality control

True/False
Question
Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer
vision
Your Answer
vision

Select The Blank
Question
Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer
Psychologists
Your Answer
Psychologists

Multiple Choice Single Answer
Question
They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications
Correct Answer
Board of director
Your Answer
Board of director

True/False
Question
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Associated external agencies means
Correct Answer
channel members, customers, suppliers etc.
Your Answer
channel members, customers, suppliers etc.

Match The Following
Question
Correct Answer
Your Answer
Benchmarking is
competitive analysis
historical analysis
Michael Hammer & James Chapy
Reengineering
Reengineering
GDP stands for
gross domestic product
gross domestic product
Comparative analysis is
historical analysis
competitive analysis

True/False
Question
Excelling in one market guarantees success in a new.
Correct Answer
False
Your Answer
False

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

Multiple Choice Single Answer
Question
Knowledge of the relationships between choices, environment & outcomes is
Correct Answer
familiarity
Your Answer
familiarity

Multiple Choice Single Answer
Question
Strategic management is mainly the responsibility of
Correct Answer
Top Management
Your Answer
Top Management

Multiple Choice Multiple Answer
Question
How does 'structure' reduce external uncertainity arising out of human behaviour
Correct Answer
Research and planning , Forecasting
Your Answer
Research and planning , Forecasting

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

Select The Blank
Question
The ________ are distinct little business set up as units in a larger company
Correct Answer
Strategic business Units
Your Answer
Strategic business Units

Multiple Choice Multiple Answer
Question
What is Statistical Quality Control(SQC)
Correct Answer
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Your Answer
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur

Multiple Choice Multiple Answer
Question
How does 'structure' reduce internal uncertainity arising out of human behaviour
Correct Answer
Control mechanism , Departmentalisation
Your Answer
Control mechanism , Departmentalisation , Specialisation

Multiple Choice Multiple Answer
Question
Factors determining HRP (Human Resource Planning )
Correct Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Your Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

Multiple Choice Single Answer
Question
Strategic management is concerned with
Correct Answer
long- range planning
Your Answer
long- range planning

Select The Blank
Question
Factors leading to personnel capability are________.
Correct Answer
IR, OB
Your Answer
IR, OB

True/False
Question
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Contractual entry modes are
Correct Answer
licensing / franchising
Your Answer
licensing / franchising

True/False
Question
Arranging training program on productivity is a strategic decision.
Correct Answer
False
Your Answer
False

Multiple Choice Multiple Answer
Question
Merger takes place
Correct Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates
Your Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates

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.

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

True/False
Question
Changes in company structure also necessitates changes in the systems in various degrees
Correct Answer
True
Your Answer
False

Multiple Choice Multiple Answer
Question
Different kinds of information systems are
Correct Answer
Operational level system , Knowledge level system , Management level system
Your Answer
Knowledge level system , Management level system , Operational level system

Select The Blank
Question
________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer
Traditional
Your Answer
Traditional

Multiple Choice Single Answer
Question
It is the most important feature in the implementation of strategic management
Correct Answer
leadership
Your Answer
leadership

Multiple Choice Single Answer
Question
The discipline which deals with what is good and bad and which moral obligation is
Correct Answer
Ethics
Your Answer
Ethics

Multiple Choice Single Answer
Question
Strategic management is concerned with
Correct Answer
long- range planning
Your Answer
long- range planning

Multiple Choice Single Answer
Question
Horizontal integration is concerned with
Correct Answer
product lines
Your Answer
product lines

Multiple Choice Multiple Answer
Question
The major issues of appraisal system are
Correct Answer
Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Your Answer
Factors of appraisal , Procedure of appraisal , Individual appraisal

Multiple Choice Single Answer
Question
Contractual entry modes are
Correct Answer
licensing / franchising
Your Answer
licensing / franchising

Match The Following
Question
Correct Answer
Your Answer
Executive summary
Synopsis of marketing plan
Synopsis of marketing plan
Line Managers Responsibility
Ensuring Implementation of marketing actions
Taking decisions regarding efficient and effective allocation of resources
Middle- level Managers
Ensuring proper tactical changes
Ensuring proper tactical changes
Top level Executives
Taking decisions regarding efficient and effective allocation of resources
Marketing goals

Multiple Choice Single Answer
Question
General Electric Matrix is divided into how many cells
Correct Answer
9
Your Answer
4

Match The Following
Question
Correct Answer
Your Answer
Comparative analysis is
historical analysis
value chain analysis
Benchmarking is
competitive analysis
competitive analysis
Michael Hammer & James Chapy
Reengineering
Reengineering
GDP stands for
gross domestic product
gross domestic product

Multiple Choice Multiple Answer
Question
The reasons for acquisition are
Correct Answer
Increased market power , Increased diversification , Increased speed to market
Your Answer
Increased market power , Increased diversification , Encourage excessive competition

Multiple Choice Multiple Answer
Question
These following factors determine the desire of risk
Correct Answer
Strategies , Resources
Your Answer
Resources , Competence , Time , Strategies

True/False
Question
Arranging training program on productivity is a strategic decision.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
Critical resources in the emerging information age are
Correct Answer
Information , Expertise , Intelligence
Your Answer
Capital , Information , Expertise

Multiple Choice Multiple Answer
Question
Factors determining HRP (Human Resource Planning )
Correct Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Your Answer
Type & Strategy of organisation , Environmental uncertainties , Type & quality of information

Multiple Choice Single Answer
Question
Core purpose
Correct Answer
mission
Your Answer
mission

Multiple Choice Single Answer
Question
Mission
Correct Answer
philosophy, public image
Your Answer
target

Select The Blank
Question
Japan's major productivity gains are the results of social changes brought about by ________
Correct Answer
Statistical quality control
Your Answer
Michael Porter's model for Industry Analysis

Select The Blank
Question
Displacing competitor is ________ category of goal.
Correct Answer
common enemy
Your Answer
competitive

True/False
Question
The super structure indicates ways in which company's tasks are integrated or coordinated
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Competenncy models reveal three types of capabilities
Correct Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient
Your Answer
Technical skills , Cognitive skills , Emotional Intelligence Quotient

Multiple Choice Multiple Answer
Question
Program is a combination of
Correct Answer
goals , policies , procedures
Your Answer
goals , policies , corporate strategy

Multiple Choice Multiple Answer
Question
The various models of social responsibility are
Correct Answer
Austere Model , Vendors Model , Civic Model
Your Answer
Austere Model , Vendors Model , Inner Model

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

True/False
Question
Change in company structure from divisional to matrix also mean changes in the systems in various degrees
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
These people are primarily responsible for operating control based on budgeting, reporting and financial analysis
Correct Answer
Company secretary , Auditor , Financial controller
Your Answer
Company secretary , Auditor , Financial controller

Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
SWOT analysis

Select The Blank
Question
Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer
core competence
Your Answer
core competence

Multiple Choice Single Answer
Question
Retrenchment strategy means
Correct Answer
contraction of business activities
Your Answer
contraction of business activities

Multiple Choice Single Answer
Question
It indicates the degree of differentiation
Correct Answer
Structure
Your Answer
Style

Select The Blank
Question
Bajaj started manufacturing of sunny is an example of ________.
Correct Answer
concentration strategy
Your Answer
global strategy

Multiple Choice Multiple Answer
Question
market research is conducted by
Correct Answer
by employees , by research agencies , by consultants
Your Answer
by employees , by research agencies , by consultants

True/False
Question
The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
Correct Answer
True
Your Answer
True

True/False
Question
Acquisitions which are friendly are termed as "take-overs".
Correct Answer
False
Your Answer
False

True/False
Question
Companies have strenghts in a number of areas but their key strength are few in number
Correct Answer
True
Your Answer
True

True/False
Question
Environmental competitiveness tends to encourage ethical behaviour.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer
vision
Your Answer
policy

Multiple Choice Single Answer
Question
A network of facilities and distribution that performs the functions of procurement of materials trasforming into intermediate and finished products & distributing them to customers is
Correct Answer
Supply chains
Your Answer
Supply chains

Multiple Choice Multiple Answer
Question
Harveststrategy is used for
Correct Answer
Dogs , Question marks
Your Answer
Question marks , Stars , Cash cowsCash cowsc

Multiple Choice Single Answer
Question
The tool used for decision making in 'A range of futures' scenario is
Correct Answer
Technology forecasting
Your Answer
Analogies and pattern recognition

Multiple Choice Multiple Answer
Question
A Company's strategy
Correct Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate
Your Answer
Vital ingredient in determinig it's future , Yields growth, profits etc , may result in disaster if inappropriate

Select The Blank
Question
________ relationships are effective in communicating complex information
Correct Answer
Personal
Your Answer
Formal

Multiple Choice Single Answer
Question
Strategic management is mainly the responsibility of
Correct Answer
Top Management
Your Answer
Top Management

Select The Blank
Question
Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.
Correct Answer
Co-ordination
Your Answer
Co-ordination

True/False
Question
Under functional strategics we have vertical fit & horizontal fit.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routined & can be done at a junior level are
Correct Answer
operational decisions
Your Answer
operational decisions

Multiple Choice Single Answer
Question
Strategic management is concerned with
Correct Answer
long- range planning
Your Answer
long- range planning

Multiple Choice Single Answer
Question
Mass media includes
Correct Answer
radio, TV, internet etc.
Your Answer
customer & dealers

Multiple Choice Multiple Answer
Question
What is Statistical Quality Control(SQC)
Correct Answer
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Your Answer
Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy

Select The Blank
Question
ETOP stands for ________.
Correct Answer
environmental threat & opportunity profile
Your Answer
environmental threat & opportunity profile

Select The Blank
Question
ETOP stands for ________.
Correct Answer
environmental threat & opportunity profile
Your Answer
environmental threat & opportunity profile

Multiple Choice Multiple Answer
Question
The various areas covered by social responsibility are
Correct Answer
Inner Circle , Intermediate circle , Outer Circle
Your Answer
Inner Circle , Outer Circle , Middle Circle

Select The Blank
Question
________ is the drive to achieve beyond one's expectations
Correct Answer
Motivation
Your Answer
Inspiration

Multiple Choice Single Answer
Question
They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications
Correct Answer
Board of director
Your Answer
External auditor

True/False
Question
HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
The decisions which are applied to structured or routine problems are
Correct Answer
programmed decisions
Your Answer
programmed decisions

Multiple Choice Single Answer
Question
CAP related to internal appraisal of firm stands for
Correct Answer
competitive advantage profile
Your Answer
competitive advantage profile

Multiple Choice Multiple Answer
Question
Factors to be considered in political- legal environmental scanning are
Correct Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Your Answer
govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export

Multiple Choice Single Answer
Question
Denominator management
Correct Answer
cost reduction
Your Answer
cost reduction

True/False
Question
Counterfeiter copy but with a difference that can be seen.
Correct Answer
False
Your Answer
True

True/False
Question
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Strategic management is mainly the responsibility of
Correct Answer
Top Management
Your Answer
Top Management

Select The Blank
Question
Value chain analysis is an effective tool for ________.
Correct Answer
internal analysis
Your Answer
product performance analysis

Multiple Choice Single Answer
Question
This strategic posture invests sufficiently to stay in the race but avoids pre-mature commitments
Correct Answer
Reserve the right to play
Your Answer
Reserve the right to play

Select The Blank
Question
________ and greater accountability replace formal control.
Correct Answer
Self-discipline
Your Answer
Co-operation

True/False
Question
Macro environment has got immediate impact on business.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
Three important managerial qualities required for the effective strategic management
Correct Answer
Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer
Conceptual, human & intellectual skills , Decision making ability , communication skills

True/False
Question
Scheduling is a part of strategic management.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers
Correct Answer
Adapters
Your Answer
Adapters

Multiple Choice Multiple Answer
Question
Attack strategies are
Correct Answer
frontal attack , flank attack , encirclement attack
Your Answer
frontal attack , flank attack , Enrichment attack

Multiple Choice Multiple Answer
Question
Merger takes place
Correct Answer
between a buyer and a seller , to avail tax concessions , to increase growth rates
Your Answer
between a buyer and a seller , to increase growth rates , to end rivalry between the two

Multiple Choice Multiple Answer
Question
Principles to manage strategic alliances are
Correct Answer
clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Your Answer
clarity in strategy & responsibilities , blending cultures

Select The Blank
Question
________ identifies the impact of any change on performance
Correct Answer
Statistical quality control
Your Answer
Statistical quality control

Multiple Choice Multiple Answer
Question
The Hallmarks for self-regulation are
Correct Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness
Your Answer
Trust & fairness , Changed Management , Integrity & thoughtfulness

Match The Following
Question
Correct Answer
Your Answer
Ballast business
Fit well but low opportunities
Fit well but low opportunities
Gap analysis
Difference between desired and projected performance
Difference between desired and projected performance
Corporate parenting
Managing SBU's by a corporate
Managing SBU's by a corporate
Heartland business
Give the highest priority
Give the highest priority

True/False
Question
Standards of performance act as the benchmark against which the actual performance is compared.
Correct Answer
True
Your Answer
True

True/False
Question
Change in company's strategy gives rise to problems necessitating a new structure to be made
Correct Answer
True
Your Answer
False

Select The Blank
Question
Modern Accounting uses ________ as a unit of measure
Correct Answer
Time
Your Answer
Possession

Multiple Choice Single Answer
Question
Corporate strategy ensures
Correct Answer
fit between the firm and its environment
Your Answer
fit between the firm and its environment

True/False
Question
Divestiture is opposed to diversification.
Correct Answer
False
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
Marketing a product
Mass segmentation
Product formulated
Environmental Analysis
Social, Political, legal & technology
Social, Political, legal & technology
Swot Analysis
Matching, converting, minimizing & avoiding strategies
Availability of resources
Marketing strategy
Life cycle considerations
Product formulated

Multiple Choice Single Answer
Question
It is the process of analyzing, dividing and arranging work or activities into manageable portion for individuals, sections & departments
Correct Answer
departmentation
Your Answer
policy framing

Multiple Choice Multiple Answer
Question
Factors to be considered while deciding candidates for divestiture are
Correct Answer
taxes , availability of buyers , market reaction
Your Answer
taxes , availability of buyers , willingness of employees

Select The Blank
Question
________ is a modern plant consisting of modules centered around a stage in the production process
Correct Answer
Flotilla concept
Your Answer
Flotilla concept

Multiple Choice Multiple Answer
Question
An unhealthy portfolio has
Correct Answer
More dogs , Few stars
Your Answer
More dogs , Few stars

Multiple Choice Multiple Answer
Question
Strategic intent
Correct Answer
obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Your Answer
obsession with an organization , what the organization strives for. , concept of optimization

True/False
Question
The actual performance matches the budgeted performance. This is a realistic situation.
Correct Answer
False
Your Answer
False

Select The Blank
Question
________ should have the ability to develop a visionto see patterns into the future.
Correct Answer
Leaders
Your Answer
Inspectors

Multiple Choice Single Answer
Question
Financial environment is concerned with
Correct Answer
demand & supply of money, capital markets
Your Answer
demand & supply of money, capital markets

Multiple Choice Multiple Answer
Question
The control process requires the following types of information
Correct Answer
Planned performance , Variances , Reasons
Your Answer
Planned performance , Variances , Motivation

Select The Blank
Question
Strategic evaluation determines the effectiveness of ________
Correct Answer
Strategy
Your Answer
Strategy

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

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 non-producing
Correct Answer Traditional
Your Answer Traditional

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

True/False
Question Acquisitions which are friendly are termed as "take-overs".
Correct Answer False
Your Answer True

Multiple Choice Multiple Answer
Question Different kinds of information systems are
Correct Answer Operational level system , Knowledge level system , Management level system
Your Answer Knowledge level system , Management level system , Operational level system

True/False
Question Under functional strategics we have vertical fit & horizontal fit.
Correct Answer True
Your Answer True

Match The Following
Question Correct Answer Your Answer

Premise control Identifies key assumptions Identifies key assumptions

Emergency alert control evaluation Type of strategic control Type of strategic control

Strategic evaluation Effectiveness of strategy Effectiveness of strategy

Rely on short term assessment Barrier in evaluation Audit and Executive committee


Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's environment.
Your Answer Strategy

Multiple Choice Multiple Answer
Question Organizational models are
Correct Answer multinational model , international model , global organizational model
Your Answer multinational model , international model , local model

Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management

Multiple Choice Single Answer
Question The decisions which are applied to structured or routine problems are
Correct Answer programmed decisions
Your Answer programmed decisions

Multiple Choice Multiple Answer
Question Merger takes place
Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates

Multiple Choice Single Answer
Question It refers to the relatively more durable company arrangements and relationships
Correct Answer Structure
Your Answer Strategy

True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer False

Select The Blank
Question Value chain analysis is an effective tool for ________.
Correct Answer internal analysis
Your Answer internal analysis

Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
Your Answer long- range planning

Select The Blank
Question Companies employ trained ________ to develop "competency models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists

Multiple Choice Single Answer
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process

Multiple Choice Single Answer
Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is
Correct Answer Receivables planning
Your Answer Dividend planning

Multiple Choice Single Answer
Question CAP related to internal appraisal of firm stands for
Correct Answer competitive advantage profile
Your Answer Corporate appraisal programme

Multiple Choice Multiple Answer
Question Three important managerial qualities required for the effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer Conceptual, human & intellectual skills , Decision making ability , communication skills

Select The Blank
Question Titan going into setting their won retail outlets- this is ________ integration.
Correct Answer vertical ( forward )
Your Answer vertical ( forward )

Select The Blank
Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.
Correct Answer internal transformation
Your Answer target

Multiple Choice Multiple Answer
Question Factors to be considered in political- legal environmental scanning are
Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies

Multiple Choice Multiple Answer
Question Attack strategies are
Correct Answer frontal attack , flank attack , encirclement attack
Your Answer frontal attack , flank attack , encirclement attack

True/False
Question Arranging training program on productivity is a strategic decision.
Correct Answer False
Your Answer True

Multiple Choice Multiple Answer
Question Factors to be considered in political- legal environmental scanning are
Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies

Select The Blank
Question The ________ are distinct little business set up as units in a larger company
Correct Answer Strategic business Units
Your Answer Strategic business Units

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

True/False
Question According to Michael Porter, the core of efficiency management is strategy.
Correct Answer True
Your Answer True

Multiple Choice Single Answer
Question Expansion strategy means
Correct Answer growth
Your Answer growth

True/False
Question Reciprocal responsibility means equal blames and credit.
Correct Answer False
Your Answer True

Multiple Choice Single Answer
Question It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected events
Correct Answer Emergency alert contriol
Your Answer Emergency alert contriol

Multiple Choice Multiple Answer
Question Techniques used in environmental appraisal are
Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

Multiple Choice Multiple Answer
Question Strategic intent
Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Your Answer obsession with an organization , what the organization strives for.

Select The Blank
Question Displacing competitor is ________ category of goal.
Correct Answer common enemy
Your Answer aggressive

Multiple Choice Single Answer
Question Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer vision
Your Answer vision

Select The Blank
Question Like roots of a tree, ________of organization is hidden from direct view.
Correct Answer core competence
Your Answer mission

Select The Blank
Question Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer diagonal integration

Select The Blank
Question Delay in ________ measurement defeats the purpose of evaluation.
Correct Answer Time
Your Answer Strategy

True/False
Question Macro environment has got immediate impact on business.
Correct Answer False
Your Answer False

Multiple Choice Single Answer
Question A pictorial depiction of various outcomes of a decision is
Correct Answer decision tree
Your Answer decision tree

Match The Following
Question Correct Answer Your Answer

Crisis Management leads to organisational learning leads to organisational learning

Milestone review Another method of implementation control Chacking of performance

Long and short term controls Balanced approach to evaluation Another method of implementation control

Variance Actual and budgeted performance Actual and budgeted performance


Multiple Choice Single Answer
Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the
Correct Answer Environment Protection Act
Your Answer Environment Protection Act

Multiple Choice Single Answer
Question The process of forecasting an organization's future demands for and supply of right type of people in right number is
Correct Answer Man-power planning
Your Answer Man-power planning

Multiple Choice Multiple Answer
Question Three important managerial qualities required for the effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision
Your Answer Conceptual, human & intellectual skills , Decision making ability , communication skills

True/False
Question Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False
Your Answer True

True/False
Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees
Correct Answer True
Your Answer True

True/False
Question Budgets are plans expressed in numerical terms usually in financial terms
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer
Question Techniques used in environmental appraisal are
Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping





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