Strategic Management

Strategic Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Match:

 1. Question- Correct Answer -

A) Milestone review -  

     Implementation control

B) Monitor a broad range of events inside and outside the company

   - Strategic surveillance

C) It enables the strategists to take corrective action at the right time - Premise Control

D) First step of signal detection –

Emergency Alert Control

Multiple Choice Single Responses

2. Question- Bacardi acquired Martini and Rossi, the _________vermouth maker who had products in almost as many markets.

Correct Answer -: Italian

3. Question-. ___________ Customization involves a permanent cutting to fit mixing or tailoring.

Correct Answer -: Dimensional

4. Question-.. __________ systematic efforts to assess conformance to organizational ethics.

Correct Answer -: Ethics Audit

5. Question-.. _______________ funded a large scale community development project to enable farmers to use local resources effectively.

Correct Answer -: Asian Paints

6. Question-.. Decision Making is the core of ___________

  Correct Answer -: Planning

7. Question-.. _______________ number of  complex variables and criteria to consider.

  Correct Answer -: Complexity

8. Question-.. The axis of SPACE matrix has ________ external dimensions.

  Correct Answer -: 2

9. Question-.. In which year the world suffered Traumatic Depression ?

Correct Answer -: 1930

10. Question-.. How many brothers of Arvind Mills decided to put up a mill to produce a superfine fabric?

Correct Answer -: Three

11. Question-... Which Company failed to innovate and adopt to new technology ?

Correct Answer -: Firestone

Multiple Choice Multiple Response type :

12. Question-... Advantages of Concentration Strategies are :

  Correct Answer -:

(A) It involves fewer organizational changes

     (B)    It is less threatening and more comfortable staying with present business.

     (C)    The decision making has a high level of predictability.

13. Question-... Jerry Porras and James Collins have given a good framework

     For developing a vision and a mission . They divided into two

     Parts:

  Correct Answer -:

(A) Core ideology

        (B)    Envisioned Future

14. Question-... Match the following:

A ) Range of Futures -                Level 3

B) True Ambiguity -                   Level 4

C) A clear enough future -        Level 1

D) Alternate futures -                 Level 2

15. Question-... Match

A) First task of Strategic Planning Process -

     Clarifying the mission of the corporation

B ) Pre- requisite for selecting the right  Opportunities -

      Defining the business

C) Central to Strategic Planning -

     Surveying the environment

D) The most crucial task of Corporate Strategy-

      Formulate the corporate strategy

True / False :

16. Question-...Ethics Hotline is a special telephone line established to enable employees  to

Bypass the normal chain of command in reporting grievances and serious ethical problems.

Correct Answer -: True

17. Question-... Cash Cows generate cash.

Correct Answer -: True

18. Question-... The Strategic factors that boost ROI  does not contribute to long term value.

Correct Answer -: False