Tuesday, September 8, 2009

Strategic Management - 24

LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Multiple Choice Single Answer
Question It refers to formal and informal rules, regulations and
procedures that complements the company structure
Correct Answer Systems
Your Answer Systems


Select The Blank
Question Displacing competitor is ________ category of goal.
Correct Answer common enemy
Your Answer common enemy


Multiple Choice Single Answer
Question T in SWOT, refers to
Correct Answer unfavorable conditions in external environment.
Your Answer Time factor


Multiple Choice Multiple Answer
Question The various areas covered by social responsibility are
Correct Answer Inner Circle , Intermediate circle , Outer Circle
Your Answer Inner Circle , Intermediate circle , Outer Circle


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 significance


Select The Blank
Question ________ is the company's most critical and scarest
resource.
Correct Answer Capital
Your Answer Capital


Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer weakness of competitors


Multiple Choice Multiple Answer
Question Limitations of Traditional cost accounting are
Correct Answer Assumes factory as an isolated entity , It measures
only the cost of producing
Your Answer Assumes factory as an isolated entity , It measures only the
cost of producing , It uses time as a unit of measure


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


Match The Following
Question Correct Answer Your Answer

strategic alliances means two or more entities join hands for mutual
benefit. two or more entities join hands for mutual benefit.

vertical forward integration means becoming your own customer
becoming your own customer

horizontal integration means additional product/service for same
customers additional product/service for same customers

vertical backward integration means becoming your own supplier
becoming your own supplier



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 Premise control


Multiple Choice Multiple Answer
Question Factors to be considered while deciding candidates for
divestiture are
Correct Answer taxes , availability of buyers , market reaction
Your Answer availability of buyers , market reaction , willingness of
employees


Match The Following
Question Correct Answer Your Answer

Board of Directors Link between company & external environment Link
between company & external environment

Profit centers S.B.U. s Profit making organizations

S.B.U.s are more focused on their Product line/business Product
line/business

Manufacturing strategy Productivity Productivity



Select The Blank
Question Module of Flotilla strikes an optimum balance of ________
and flexibility
Correct Answer Standardisation
Your Answer Standardisation


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


Multiple Choice Single Answer
Question W in SWOT stands for
Correct Answer inherent inadequacy of organization
Your Answer weakness of competitors


Multiple Choice Single Answer
Question Mass media includes
Correct Answer radio, TV, internet etc.
Your Answer radio, TV, internet etc.


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


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


Multiple Choice Single Answer
Question Secondary sources of information are
Correct Answer newspapers, magazines, journals etc.
Your Answer newspapers, magazines, journals etc.


Multiple Choice Single Answer
Question It concentrates on organisation design and work flow
Correct Answer Flotilla
Your Answer Flotilla


Select The Blank
Question Companies employ trained ________ to develop "competency
models" to identify potential leaders
Correct Answer Psychologists
Your Answer Psychologists


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


Multiple Choice Single Answer
Question Mass media includes
Correct Answer radio, TV, internet etc.
Your Answer radio, TV, internet etc.


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 speed to market ,
Encourage excessive competition


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


Select The Blank
Question ________ is seen as an integral process that converts
materials into goods
Correct Answer Systems
Your Answer Modern Accounting


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


Select The Blank
Question Cadbury's add in which Amitabh Bachchan clarifies about the
safety of the product (dairy milk) is an example of ________ defense.
Correct Answer counteroffensive
Your Answer counteroffensive


True/False
Question Labour satisfaction may result in unethical behaviour as
anger.
Correct Answer False
Your Answer False


Select The Blank
Question The ________ are distinct little business set up as units in
a larger company
Correct Answer Strategic business Units
Your Answer Strategic business Units


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 Board of directors


Select The Blank
Question Control should involve________ amount of information.
Correct Answer Minimum
Your Answer Maximum


True/False
Question Reciprocal responsibility means equal blames and credit.
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


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


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


True/False
Question Analysis of variances leads to a plan for corrective action
Correct Answer True
Your Answer True


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


Multiple Choice Single Answer
Question In SWOT , S stands for
Correct Answer favorable condition in the organization's
environment.
Your Answer potentials and competencies of organization.


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


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


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


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


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


Multiple Choice Multiple Answer
Question Different kinds of information systems are
Correct Answer Operational level system , Knowledge level system ,
Management level system
Your Answer Operational level system , Knowledge level system ,
Management level system

No comments:

Post a Comment