Strategic Management - 10

Interview Questions at http://mindgrillQ.blogspot.com
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