Multiple Choice Single Answer
Question Knowledge of the relationships between choices, environment
& outcomes is
Correct Answer familiarity
Your Answer familiarity
Select The Blank
Question Economics of scale requires ________.
Correct Answer high market share
Your Answer high market share
Select The Blank
Question ________ should have the ability to develop a visionto see
patterns into the future.
Correct Answer Leaders
Your Answer Leaders
Select The Blank
Question Delay in ________ measurement defeats the purpose of
evaluation.
Correct Answer Time
Your Answer Time
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
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 specialization
True/False
Question Systems are formal and informal rules and regulations that
complements the company structure
Correct Answer True
Your Answer True
Select The Blank
Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation
Your Answer Motivation
Multiple Choice Single Answer
Question The decisions which are applied to structured or routine
problems are
Correct Answer programmed decisions
Your Answer programmed decisions
Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of
Correct Answer Top Management
Your Answer Top Management
 	LIST OF ATTEMPTED QUESTIONS AND ANSWERS 	 
 	 
 
 Multiple Choice Single Answer
  Question  	Knowledge of the relationships between choices, environment
& outcomes is
  Correct Answer  	familiarity
  Your Answer  	familiarity
 
 
 Select The Blank
  Question  	Economics of scale requires ________.
  Correct Answer  	high market share
  Your Answer  	high market share
 
 
 Multiple Choice Single Answer
  Question  	Strategic management deals with
  Correct Answer  	Business process
  Your Answer  	Business process
 
 
 Match The Following
Question	Correct Answer	Your Answer
Comparative analysis is historical analysis historical analysis
Benchmarking is competitive analysis value chain analysis
Michael Hammer & James Chapy Reengineering Reengineering
GDP stands for gross domestic product gross domestic product
 
 
 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 , simulation ,
Dynamic modes and mapping 
 
 
 True/False
  Question  	Getting new users is a position defense strategy.
  Correct Answer  	False
  Your Answer  	False
 
 
 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 , Division of labour ,
Departmentalisation 
 
 
 Select The Blank
  Question  	Bajaj started manufacturing of sunny is an example of
________.
  Correct Answer  	concentration strategy
  Your Answer  	integration strategy
 
 
 Multiple Choice Multiple Answer
  Question  	Macro environment
  Correct Answer  	Political- legal , socio-cultural ,
economic-demographic 
  Your Answer  	Political- legal , socio-cultural , economic-demographic ,
technology 
 
 
 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  	They have time based utility
  Correct Answer  	Goals , Resources 
  Your Answer  	Goals , Employess , Resources 
 
 
 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 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 actual performance deviates positively over the budgeted
performanve. This is an indication of superior performance
  Correct Answer  	True
  Your Answer  	True
 
 
 Multiple Choice Single Answer
  Question  	A major part of strategy implementation is
  Correct Answer  	resource allocation
  Your Answer  	resource allocation
 
 
 Multiple Choice Single Answer
  Question  	These people are charged with the responsibility of
continuous screening of performance?
  Correct Answer  	Audit committee
  Your Answer  	Audit committee
 
 
 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  	It is the process of analyzing, dividing and arranging work
or activities into manageable portion for individuals, sections &
departments
  Correct Answer  	departmentation
  Your Answer  	departmentation
 
 
 Multiple Choice Single Answer
  Question  	Strategic management is mainly the responsibility of
  Correct Answer  	Top Management
  Your Answer  	Top Management
 
 
 Select The Blank
  Question  	________ and greater accountability replace formal control.
  Correct Answer  	Self-discipline
  Your Answer  	Self-Appraisal
 
 
 True/False
  Question  	Staffing function applies to all company levels irrespective
of levels of hierarchy
  Correct Answer  	True
  Your Answer  	True
 
 
 Multiple Choice Multiple Answer
  Question  	Performance is affected by
  Correct Answer  	Distorted resource allocation , Inappropriate
structure , Wrong motivational styles 
  Your Answer  	Distorted resource allocation , Inappropriate structure ,
Wrong motivational styles 
 
 
 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  	Strategic management is concerned with
  Correct Answer  	long- range planning
  Your Answer  	long- range planning
 
 
 Multiple Choice Single Answer
  Question  	It provides a way to bring in the people dimension in macro
company analysis without using psychological models of human behaviour
  Correct Answer  	Culture
  Your Answer  	Culture
 
 
 Select The Blank
  Question  	________ should have the ability to develop a visionto see
patterns into the future.
  Correct Answer  	Leaders
  Your Answer  	Leaders
 
 
 Select The Blank
  Question  	Delay in ________ measurement defeats the purpose of
evaluation.
  Correct Answer  	Time
  Your Answer  	Time
 
 
 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 
 
 
 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  	specialization
 
 
 True/False
  Question  	Systems are formal and informal rules and regulations that
complements the company structure
  Correct Answer  	True
  Your Answer  	True
 
 
 Select The Blank
  Question  	________ is the drive to achieve beyond one's expectations
  Correct Answer  	Motivation
  Your Answer  	Motivation
 
 
 Multiple Choice Single Answer
  Question  	The decisions which are applied to structured or routine
problems are
  Correct Answer  	programmed decisions
  Your Answer  	programmed decisions
 
 
 Multiple Choice Single Answer
  Question  	Strategic management is mainly the responsibility of
  Correct Answer  	Top Management
  Your Answer  	Top Management
 
 
 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 
 
 
 Match The Following
Question	Correct Answer	Your Answer
Marketing a product Mass segmentation Mass segmentation
Environmental Analysis	Social, Political, legal & technology	Social,
Political, legal & technology
Swot Analysis	Matching, converting, minimizing & avoiding strategies	Life
cycle considerations
Marketing strategy	Life cycle considerations	Matching,
converting, minimizing & avoiding strategies
 
 
 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  	ETOP stands for ________.
  Correct Answer  	environmental threat & opportunity profile
  Your Answer  	environmental threat & opportunity profile
 
 
 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 , description of impact
of each subfactor into a statement which is positive, neutral or negative. 
 
 
 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 
 
 
 Multiple Choice Single Answer
  Question  	It is used extensively in organisation and is concerned with
action or performance
  Correct Answer  	Operational control
  Your Answer  	Operational control
 
 
 True/False
  Question  	Acquisitions which are friendly are termed as "take-overs".
  Correct Answer  	False
  Your Answer  	False
 
 
 True/False
  Question  	Macro environment has got immediate impact on business.
  Correct Answer  	False
  Your Answer  	True
 
 
 Select The Blank
  Question  	Companies employ trained ________ to develop "competency
models" to identify potential leaders
  Correct Answer  	Psychologists
  Your Answer  	Psychologists
 
 
 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 Single Answer
  Question  	The cornerstone of financial planning process of all
organizations because of the cost, control and risk considerations which
influence overall value of the firm is
  Correct Answer  	Capital structure planning
  Your Answer  	Capital structure planning
 
 
 Multiple Choice Single Answer
  Question  	It concentrates on organisation design and work flow
  Correct Answer  	Flotilla
  Your Answer  	Systems approach
 
 
 Select The Blank
  Question  	The benefits of a change in process are defined in terms of
________ cost savings
  Correct Answer  	Labour
  Your Answer  	Infrastructure
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