Strategic Management - 14

STRATEGIC MGMT


LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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