Strategic Management -1

Strategic Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer*Question
It is the process of selecting people for company positions and developing skills and abilities for assignments in the companyCorrect Answer
Staffing
Your Answer
Staffing

Multiple Choice Multiple Answer*Question
Factors to be considered in political- legal environmental scanning areCorrect 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 degreesCorrect Answer
True
Your Answer
True

Multiple Choice Multiple Answer*Question
The control process requires the following types of informationCorrect Answer
Planned performance , Variances , Reasons
Your Answer
Planned performance , Variances , Reasons

True/False*Question
Budgets are plans expressed in numerical terms usually in financial termsCorrect 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 areCorrect 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 processCorrect Answer
Flotilla concept
Your Answer
Flotilla concept

Multiple Choice Single Answer*Question
Secondary sources of information areCorrect 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 placeCorrect 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 byCorrect 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 involvesCorrect Answer
dividing environment into sectors , sub factors , 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 performanceCorrect 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 ofCorrect Answer
Debt , Equity
Your Answer
Debt , Equity

Select The Blank*Question
________ relationships are effective in communicating complex informationCorrect Answer
Personal
Your Answer
Personal

True/False*Question
The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect 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 forCorrect 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 capabilitiesCorrect 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 areCorrect 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 isCorrect Answer
Man-power planning
Your Answer
Man-power planning

Multiple Choice Multiple Answer*Question
Three important managerial qualities required for the effective strategic managementCorrect 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 hierarchyCorrect 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 includesCorrect Answer
radio, TV, internet etc.
Your Answer
radio, TV, internet etc.

Multiple Choice Single Answer*Question
Strategic management is mainly the responsibility ofCorrect Answer
Top Management
Your Answer
Top Management

Multiple Choice Multiple Answer*Question
Various phases of Growth areCorrect Answer
Creativity , Delegation , Co-ordination
Your Answer
Creativity , Delegation , Co-ordination

Multiple Choice Single Answer*Question
Strategic management deals withCorrect Answer
Business process
Your Answer
Business process

Multiple Choice Single Answer*Question
Strategic management is concerned withCorrect Answer
long- range planning
Your Answer
long- range planning

Multiple Choice Multiple Answer*Question
Core ideologyCorrect 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 managementCorrect 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 withCorrect Answer
demand & supply of money, capital markets
Your Answer
demand & supply of money, capital markets

Multiple Choice Single Answer*Question
W in SWOT stands forCorrect 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 forCorrect Answer
competitive advantage profile
Your Answer
competitive advantage profile

at 5:36 AM 0 comments Links to this post  

Labels: Strategic Management

Strategic Management - 3

Multiple Choice Single Answer*Question
It enables the strategists to take corrective action at the right timeCorrect 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 involvesCorrect Answer
dividing environment into sectors , sub factors , 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 areCorrect 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 withCorrect 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 byCorrect Answer
Asian Paints

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

Multiple Choice Multiple Answer*Question
Measures to take corrective actionCorrect 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 eventsCorrect Answer
Emergency alert contriol

Multiple Choice Multiple Answer*Question
The various models of social responsibility areCorrect Answer
Austere Model , Vendors Model , Civic Model

Multiple Choice Multiple Answer*Question
Techniques used in environmental appraisal areCorrect 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 coordinatedCorrect Answer
True

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

Multiple Choice Single Answer*Question
Strategic management is mainly the responsibility ofCorrect Answer
Top Management

Multiple Choice Multiple Answer*Question
Limitations of Traditional cost accounting areCorrect 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 placeCorrect 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 isCorrect 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 ofCorrect Answer
goals , policies , procedures

Multiple Choice Single Answer*Question
T in SWOT, refers toCorrect 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 degreesCorrect Answer
True

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

Multiple Choice Multiple Answer*Question
Different kinds of information systems areCorrect Answer
Operational level system , Knowledge level system , Management level system

Multiple Choice Single Answer*Question
Strategic management deals withCorrect Answer
Business process

Select The Blank*Question
________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect 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 leadersCorrect Answer
Psychologists

Multiple Choice Single Answer*Question
Associated external agencies meansCorrect 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 withCorrect 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 withCorrect Answer
long- range planning

Multiple Choice Multiple Answer*Question
Performance is affected byCorrect 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 expectationsCorrect Answer
Motivation

Multiple Choice Multiple Answer*Question
Money is invested by way ofCorrect Answer
Debt , Equity

at 5:35 AM 0 comments Links to this post  

Labels: Strategic Management

Strategic Management - 2

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer*QuestionA strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them isCorrect Answer CRM
Your Answer CRM

Multiple Choice Multiple Answer*QuestionVarious phases of Growth areCorrect Answer Creativity , Delegation , Co-ordination
Your Answer Creativity , Delegation , Co-ordination

Multiple Choice Multiple Answer*QuestionA Company's strategyCorrect 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*QuestionValue chain analysis is an effective tool for ________.Correct Answer internal analysis
Your Answer internal analysis

Multiple Choice Single Answer*QuestionMass media includesCorrect 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*QuestionCritical resources in the emerging information age areCorrect Answer Information , Expertise , Intelligence
Your Answer Information , Expertise , Intelligence

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

True/False*QuestionScheduling is a part of strategic management.Correct Answer False
Your Answer False

Multiple Choice Multiple Answer*QuestionProgram is a combination ofCorrect Answer goals , policies , procedures
Your Answer goals , policies , procedures

Multiple Choice Multiple Answer*QuestionStrategic intentCorrect 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*QuestionBusiness is rated on which dimensionsCorrect Answer Market attractiveness , Business strength
Your Answer Market attractiveness , Business strength

Multiple Choice Single Answer*QuestionIt enables the strategists to take corrective action at the right timeCorrect 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*QuestionW in SWOT stands forCorrect Answer inherent inadequacy of organization
Your Answer inherent inadequacy of organization

True/False*QuestionChanges in company structure also necessitates changes in the systems in various degreesCorrect Answer True
Your Answer True

Multiple Choice Multiple Answer*QuestionPrinciples to manage strategic alliances areCorrect 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*QuestionIn SWOT , S stands forCorrect Answer favorable condition in the organization's environment.
Your Answer favorable condition in the organization's environment.

Multiple Choice Multiple Answer*QuestionMerger takes placeCorrect 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*QuestionHorizontal integration is concerned withCorrect Answer product lines
Your Answer product lines

Select The Blank*Question________ identifies the impact of any change on performanceCorrect Answer Statistical quality control
Your Answer Statistical quality control

Multiple Choice Single Answer*QuestionThey enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implicationsCorrect Answer Board of director
Your Answer Board of director

Multiple Choice Single Answer*QuestionThe 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 areCorrect Answer operational decisions
Your Answer operational decisions

True/False*QuestionExcelling in one market guarantees success in a new.Correct Answer False
Your Answer False

True/False*QuestionAnalysis of variances leads to a plan for corrective actionCorrect Answer True
Your Answer True

Multiple Choice Single Answer*QuestionKnowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarity
Your Answer familiarity

Multiple Choice Single Answer*QuestionThese are critical situations that occur unexpectedly and threaten the course of a firm's strategyCorrect Answer Crisis
Your Answer Crisis

Match The Following*QuestionCorrect 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*QuestionArranging training program on productivity is a strategic decision.Correct Answer False
Your Answer False

True/False*QuestionSystems are formal and informal rules and regulations that complements the company structureCorrect Answer True
Your Answer True

Multiple Choice Multiple Answer*QuestionThey have time based utilityCorrect Answer Goals , Resources
Your Answer Goals , Resources

Select The Blank*QuestionCompanies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer Psychologists
Your Answer Psychologists

Multiple Choice Multiple Answer*QuestionThe culture of a company is conveyed throughCorrect 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*QuestionThe super structure indicates ways in which company's tasks are integrated or coordinatedCorrect Answer True
Your Answer True

Multiple Choice Multiple Answer*QuestionWhat 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*QuestionThese people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committee
Your Answer Audit committee

Match The Following*QuestionCorrect 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*QuestionIt is the most important feature in the implementation of strategic managementCorrect 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*QuestionTata 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*QuestionValue chain analysis is an effective tool for ________.Correct Answer internal analysis
Your Answer internal analysis

True/False*QuestionThe 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*QuestionCore ideologyCorrect Answer core values , core purpose
Your Answer core values , core purpose

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

Select The Blank*QuestionEconomics 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 areCorrect 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 involvesCorrect Answer
dividing environment into sectors , sub factors , 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 areCorrect 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 timeCorrect 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 forCorrect 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 meansCorrect 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 managementCorrect 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 ofCorrect Answer
Top Management
Your Answer
Top Management

Multiple Choice Multiple Answer*Question
Strategic intentCorrect 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 areCorrect 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 withCorrect Answer
long- range planning
Your Answer
long- range planning

Multiple Choice Multiple Answer*Question
The preparation of ETOP involvesCorrect Answer
dividing environment into sectors , sub factors , 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 areCorrect 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 withCorrect Answer
Business process
Your Answer
Business process

Multiple Choice Multiple Answer*Question
How does 'structure' reduce internal uncertainity arising out of human behaviourCorrect 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 ensuresCorrect Answer
fit between the firm and its environment
Your Answer
Easy availability of resources