Strategic Management - 21

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


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


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 ETOP stands for ________.
Correct Answer environmental threat & opportunity profile
Your Answer environmental threat & opportunity profile


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 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


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


Multiple Choice Single Answer
Question Concentric diversification means
Correct Answer new activity related to existing business
Your Answer new activity related to existing business


Multiple Choice Multiple Answer
Question The 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


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


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


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 Knowledge of the relationships between choices, environment & outcomes is
Correct Answer familiarity
Your Answer familiarity


Multiple Choice Single Answer
Question This strategic posture plays a leadership role in establishing how the industry operates
Correct Answer Shapers
Your Answer Shapers


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


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 These are critical situations that occur unexpectedly and threaten the course of a firm's strategy
Correct Answer Crisis
Your Answer Crisis


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


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


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


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


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


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


Match The Following
Question
Correct Answer Your Answer
Fit
SWOT analysis first intensive target
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 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 Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices.
Correct Answer False
Your Answer True


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


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


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


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


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


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


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


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


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


Multiple Choice Single Answer
Question The aim in stability strategies is-
Correct Answer move slowly & surely
Your Answer move slowly & surely


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


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


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


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


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


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


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


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


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

Posted in: Strategic Management (Set - VII)