MCQs Strategic management1.When defining strategic management the most important thing to remember is that it is:a.Not as easy as you thinkb.Mainly the province of senior managers*c.A living evolving processd.More conceptual than practicale.A way of determining responsibilities

2.As a general statement it can be said that the earliest strategic managers were generally involved in:*a.the militaryb.ruling countriesc.developing from craft to industrial situationsd.the development of systems for large corporationse.any organisations that require management of large groups

3.In recent years the teachings and writings of Sun Tzu have enjoyed a revival because of the perceived relevance to:a.the worldwide problems with terrorism*b.the fact that his strategic teachings are timelessc.the ability to deal with competitorsd.the emphasis on management structurese.none of the above

4.Which of the following was responsible for a model of strategy which attempted to create a balance between efficiency and effectiveness?a.Sun Tzub.Max Weberc.Frederick Winslow Taylor*d.Carl Von Clausewitze.Adam Smith

5.Which of the following developed systems which combined both the physical and psychological needs of workers?a.Max Weberb.Frederick Winslow Taylor*c.Frank and Lillian Gilbrethd.Henri Fayole.Adam Smith

6.Which of the following is not a feature of Max Webers ideal type of bureaucracy?a.Clearly defined hierarchical structuresb.Efficiency and rationality*c.Clearly defined psychological needs and profilesd.Clearly defined spheres of competencese.Clearly defined roles of responsibility

7.Henry Mintzberg was responsible for developing a multidimensional approach to strategy based on the five Ps. Which of the following are the correct five Ps?*a.Plan, ploy, pattern, position perspectiveb.Plan, plot, pattern, position perspectivec.Plan, ploy, pattern, position performanced.Plan, ploy, pattern, participation perspectivee.Passion, ploy, pattern, position perspective

8.Which of the following is not one of Porters five forces that impact on competition?a.New rivals entering the industryb.Competition amongst sellers in the industry*c.A clearly defined management structured.The bargaining power of buyerse.The bargaining power of suppliers

9.An organisation's strategy:a.remains set in place longer than the mission and objectives*b.generally forms over a period of time as events unfoldc.tends to be formed at the same time the mission is developed and objectives are formulatedd.is usually conceived at a single time when managers sit down and work out a comprehensive strategic plan for the next 3-5 yearse.none of these is true

10. The primary focus of strategic management is:a.strategic analysis*b.the total organisationc.strategy formulationd.strategy implementatione.competitive advantage.

11. Which of the following applies to strategic issues?a.Require only top management decisionsb.Consider only the organisation's external environment*c.Future-orientedd.Concern allocation of small amounts of resourcese.Do not have long-term impact on the organization

12. Which of the following is not an advantage of strategic management?a.It provides organisations with a clearer sense of direction and purpose*b.It helps improve the political, economic, social and technological environment of the organisationc.It helps orientate management decisions to relevant environmental conditionsd.It helps organisations be proactive rather than reactivee.Organisations using it significantly outperform their own past results and the results of those organisations not using it

13. Which of the following defines what business or businesses the firm is in or should be in?a.Business strategy*b.Corporate strategyc.Functional strategyd.National strategye.None of the above

14. Which of the following defines how each individual business unit will attempt to achieve its mission?*a.Business strategyb.Corporate strategyc.Functional strategyd.National strategye.Corporate mission

15. Which of the following focuses on supporting the corporate and business strategies?a.Competitive strategyb.Corporate strategy*c.Operational strategyd.National strategye.Mission strategy

16. Which one of the following is not a primary task of strategic managers?a.Establishing strategic objectives*b.Developing the steps to follow in implementing operational level plansc.Defining the business and developing a missiond.Developing a strategye.Implementing and evaluating the chosen strategy

17. The task of strategy choice involves:*a.developing plans and activities which will improve the organisation's performance and competitive positionb.determining how the organisation can be more market and efficiency orientedc.monitoring whether the organisation is achieving good financial performanced.keeping the organisation free of debte.none of these are really central to strategy choice

18. Which one of the following is at the core of strategic management?a.Choosing which organisational objectives to focus onb.Being alert for opportunities to change work responsibilities*c.Adapting the organisation to a changing external environmentd.Choosing whether to make decisions autocratically or on the basis of participatione.Promoting responsiveness to changes in organisational norms and values

19. Jobs with strategic management responsibility:a.seldom exist within a functional department or in an operating unit*b.exist at the line of business level, the product line level, and are also found in not-for-profit organisationsc.are found only at the general manager level and aboved.entail operating and administrative responsibilities but do not involve entrepreneurial responsibilitiese.none of these

20. The process of strategic management is characterised by:a.the tendency of managers to develop a strategy before they set target performance objectivesb.the systematic fashion with which managers implement the strategy they have chosenc.the steps that strategic planners always go through in writing the strategic pland.the sequence with which managers move from one phase of the process to the next*e.none of theseTrue & False

1.Certain principles of strategic management are timeless and can be used in many different organisations. -T2.Military strategy may have been where it all began but the principles are really only relevant to military situations. - F3.Adam Smith is best remembered for the pig iron experiment. - F4.The book, The Wealth of Nations is Mintzbergs most important contribution to strategic management. - F5.Determining the best way of performing a task was directly related to the author of Principles of Scientific Manageent written by Frederick Winslow Taylor. -T 21. Innovation is an essential part of successful organisations. -T 22. The process of innovation in an organisation is not a natural one. -T 23. Strategic management is a process that does not require strong leadership. - F24. Strategic management is best described as an intellectual, technical pursuit. - F25. Strategic management is a complex process. -T