Multiple Choice Multiple Answer
Question Three important managerial qualities required for the
effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision
making ability , Vision
Your Answer Conceptual, human & intellectual skills , Decision making
ability , Vision
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
Multiple Choice Single Answer
Question Associated external agencies means
Correct Answer channel members, customers, suppliers etc.
Your Answer competitors
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
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
True/False
Question According to Michael Porter, the core of efficiency
management is strategy.
Correct Answer True
Your Answer False
Multiple Choice Multiple Answer
Question The control process requires the following types of
information
Correct Answer Planned performance , Variances , Reasons
Your Answer Planned performance , Variances , Reasons
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 , simulation , Dynamic modes and mapping
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 , sharing competence of each
other , monopoly of one company
Multiple Choice Multiple Answer
Question supplier & technological environment is concerned with
Correct Answer quality & no. of suppliers , logistics , raw
material , trends and rate of change of technology
Your Answer quality & no. of suppliers , logistics , raw material ,
trends and rate of change of technology
Multiple Choice Single Answer
Question Mission
Correct Answer philosophy, public image
Your Answer target
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management
True/False
Question Changes in company structure also necessitates changes in
the systems in various degrees
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Denominator management
Correct Answer cost reduction
Your Answer cost reduction
Multiple Choice Single Answer
Question Strategic management is concerned with
Correct Answer long- range planning
Your Answer controlling
Select The Blank
Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation
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 , Only factor
determing it's success or failure , may result in disaster if inappropriate
Select The Blank
Question A cycling accessory firm strive to become 'the nike of the
cycling industry' is ________category of goal.
Correct Answer role model
Your Answer role model
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 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 Multiple Answer
Question Three important managerial qualities required for the
effective strategic management
Correct Answer Conceptual, human & intellectual skills , Decision
making ability , Vision
Your Answer Conceptual, human & intellectual skills , Decision making
ability , Vision
Match The Following
Question Correct Answer Your Answer
Decision making Managers to develop the courage to make unconventional
decisions Managers to develop the courage to make unconventional
decisions
Social Responsibility Managers to maintain high ethical standards
Managers to maintain high ethical standards
Lateral thinking Managers to learn to deal with chaotic situations
Managers to learn to deal with chaotic situations
Responsiveness Managers to provide speedy responses to environmental
changes Managers to provide speedy responses to environmental changes
Select The Blank
Question Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration
Your Answer vertical ( backward ) integration
True/False
Question Numerator may bring short-term results, but there may be
serious long-term sacrifices.
Correct Answer False
Your Answer True
True/False
Question Arranging training program on productivity is a strategic
decision.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question Degree to which the decision maker is accountable for the
outcomes of the decision is
Correct Answer accountability
Your Answer ambiguity
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
events
Correct Answer Emergency alert contriol
Your Answer Emergency alert contriol
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 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
Multiple Choice Single Answer
Question Horizontal integration is concerned with
Correct Answer product lines
Your Answer product lines
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
Select The Blank
Question The benefits of a change in process are defined in terms of
________ cost savings
Correct Answer Labour
Your Answer Labour
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 Three C's affecting today's companies are customer,
competition & change
Correct Answer True
Your Answer True
True/False
Question Business ethics is how personal norms do not apply to
activities & goals of a commercial firm.
Correct Answer False
Your Answer False
True/False
Question Scheduling is a part of strategic management.
Correct Answer False
Your Answer True
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 , Departmentalisation
True/False
Question Standards of performance act as the benchmark against which
the actual performance is compared.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's
environment.
Your Answer Strategy
Select The Blank
Question Like roots of a tree, ________of organization is hidden from
direct view.
Correct Answer core competence
Your Answer mission
Multiple Choice Multiple Answer
Question Measures to take corrective action
Correct Answer Checking performance , Reformulate strategies ,
Standard check
Your Answer Checking performance , Formulate plans , Reformulate
strategies
True/False
Question All policies are 'statements'
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question An unhealthy portfolio has
Correct Answer More dogs , Few stars
Your Answer More dogs
Multiple Choice Multiple Answer
Question market research is conducted by
Correct Answer by employees , by research agencies , by consultants
Your Answer by research agencies , by rivals , by consultants
True/False
Question Staffing function applies to all company levels irrespective
of levels of hierarchy
Correct Answer True
Your Answer True
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
Question Strategic management deals with
Correct Answer Business process
Your Answer Business process
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