STRATEGIC MGMT LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Reasons , Planned performance , Variances
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management
Select The Blank Question ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept
Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic
True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer FALSE
Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
True/False
Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer FALSE
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
Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment.
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile
Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation
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
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment
Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure
Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image
True/False
Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer FALSE
Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures
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
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation
Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc.
True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer TRUE
Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital
True/False Question Micro environment is the internal environment of a company. Correct Answer FALSE
True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer TRUE
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
Match The Following Question Correct Answer Ballast business Fit well but low opportunities Gap analysis Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Heartland business Give the highest priority
Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage
True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer TRUE
Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness
Match The Following Question Correct Answer 4 Ps are Product, Price, Place, Promotion Sources of funds Factor leading to financial capability The retrieval and usage of information Factor leading to Information Management Capability The Personnel System Factor leading to Personnel Capability
True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer FALSE
Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc.
Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles
True/False Question Scheduling is a part of strategic management. Correct Answer FALSE
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
Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment.
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
True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer TRUE SECOND PAPER True/False Question Getting new users is a position defense strategy. Correct Answer FALSE
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates Correct Answer Shapers
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
Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength
True/False Question Focused company is generally protected from competition. Correct Answer TRUE
Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation
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.
Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation
Multiple Choice Single Answer Question General Electric Matrix is divided into how many cells Correct Answer 9
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Reformulate strategies , Checking performance , Standard check
Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer FALSE
Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system
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
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets
Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business
Multiple Choice Single Answer Question Degree to which the decision maker is accountable for the outcomes of the decision is Correct Answer accountability
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
Select The Blank Question Economics of scale requires ________. Correct Answer high market share
Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders
Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment.
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization
Multiple Choice Single Answer Question The tool used for future decision making in 'True Ambiguity' scenario is Correct Answer Non-linear dynamic model
Match The Following Question Correct Answer Comparative analysis is historical analysis Benchmarking is competitive analysis
Michael Hammer & James Chapy Reengineering GDP stands for gross domestic product
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals
Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose
True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer TRUE
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
True/False Question Analysis of variances leads to a plan for corrective action Correct Answer TRUE
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis
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
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward )
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff
True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer TRUE
Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer TRUE
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.
Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines
Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time
Match The Following Question Correct Answer Programs Combination of goals, policies, rules Policies General statements and understanding which, guide thinking in decision-making Procedures Are plans and a guide to action Rules Spell out specific action or non-action
Multiple Choice Multiple Answer Question Factors determining HRP (Human Resource Planning ) Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of information
Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla
True/False Question Divestiture is opposed to diversification. Correct Answer FALSE
THIRD PAPER Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff
Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates Correct Answer Shapers
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal
True/False Question Analysis of variances leads to a plan for corrective action Correct Answer TRUE
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.
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile
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
True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer TRUE
True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer TRUE
Multiple Choice Multiple Answer Question Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer TRUE
True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer TRUE
Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation
Multiple Choice Multiple Answer Question The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market
Multiple Choice Single Answer Question They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct 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.
Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act
Match The Following
Question Correct Answer Premise control Identifies key assumptions Emergency alert control evaluation Type of strategic control Strategic evaluation Effectiveness of strategy Rely on short term assessment Barrier in evaluation
True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer FALSE
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB
Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation
True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer TRUE
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
True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct 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
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization
Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time
Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation
Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc.
Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc.
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists
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
Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis
Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack
Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by employees , by research agencies , by consultants
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management
True/False Question Getting new users is a position defense strategy. Correct Answer FALSE
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets
Match The Following Question Correct Answer Fit SWOT analysis Vision what a company wishes to become or aspires to be. mission what the company is and why it exists. BHAG big headed audacious goals
True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer TRUE
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Fourth Paper
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal
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
Select The Blank Question The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer FALSE
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists
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
Multiple Choice Single Answer Question Core purpose Correct Answer mission
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile
Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management
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
True/False Question Analysis of variances leads to a plan for corrective action Correct Answer TRUE
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
Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management
Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources
True/False
Question Arranging training program on productivity is a strategic decision. Correct 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
True/False Question Excelling in one market guarantees success in a new. Correct Answer FALSE
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence
Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation
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
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning
Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc.
True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer FALSE
True/False Question Focused company is generally protected from competition.
Correct Answer TRUE True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer FALSE
Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director
Match The Following Question Correct Answer Board of Directors Link between company & external environment Profit centers S.B.U. s S.B.U.s are more focused on their Product line/business Manufacturing strategy Productivity
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
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional
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
True/False Question The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer TRUE
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc.
Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer FALSE
Multiple Choice Single Answer Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning
Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure
Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff
Match The Following Question Correct Answer Fit SWOT analysis Vision what a company wishes to become or aspires to be. mission what the company is and why it exists. BHAG big headed audacious goals
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
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
Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment.
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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 Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum
Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Strategic surveillance
Match The Following Question Correct Answer Your Answer Maintain strategy stable environment diversification Market follower are imitator bypass attack Market challenger are bypass attack imitator Turnaround strategy V.R.S. differentiation
Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer competitive
Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Availability of resources Environmental Analysis Social, Political, legal & technology Life cycle considerations Swot Analysis Matching, converting, minimizing & avoiding strategies Product formulated Marketing strategy Life cycle considerations Mass segmentation
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 Single Answer Question Core purpose Correct Answer mission Your Answer strategy
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
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True
True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True
Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities
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
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False
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 Excelling in one market guarantees success in a new. Correct Answer False Your Answer False
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 Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Options
Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False
True/False Question Micro environment is the internal environment of a company. Correct Answer False
Your Answer True
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 Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Formulate plans , Standard check
Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Intelligence , Information , Expertise Your Answer Information , Expertise , Intelligence
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
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal
True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False
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 Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export
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 Class
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Myths
True/False Question Environmental competitiveness tends to encourage ethical behaviour. 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 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 , Integrity
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
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Mathematical
True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources
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
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer SWOT analysis
Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , research specialist
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Statistical quality control
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 In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Direction
Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Civic Model , Austere Model , Vendors Model
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 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 diversification , Increased speed to market
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 , Yields growth, profits etc , may result in disaster if inappropriate
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
Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines
Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla
Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process
Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis value chain analysis Benchmarking is competitive analysis historical analysis Michael Hammer & James Chapy Reengineering competitive analysis GDP stands for gross domestic product gross domestic product
Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
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 Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists
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 Flotilla concept
Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth
Multiple Choice Multiple Answer Question supplier & technological environment is concerned with Correct Answer trends and rate of change of technology , quality & no. of suppliers , logistics , raw material Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
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 They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director
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 HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
Match The Following Question Correct Answer Your Answer Programs Combination of goals, policies, rules Combination of goals, policies, rules Policies General statements and understanding which, guide thinking in decision-making General statements and understanding which, guide thinking in decision-making Procedures Are plans and a guide to action Are plans and a guide to action Rules Spell out specific action or non-action Spell out specific action or non-action
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
True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward )
Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share
Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc.
Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export
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 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
True/False Question Environmental competitiveness tends to encourage ethical behaviour. 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
True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False
True/False
Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True
True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional
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
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 Divestiture is opposed to diversification. Correct Answer False 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 , Leadership , Wrong motivational styles
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors Heartland business Give the highest priority Give the highest priority
Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer market reaction , taxes , availability of buyers Your Answer taxes , availability of buyers , market reaction
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional
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 Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
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 , Yields growth, profits etc , may result in disaster if inappropriate
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 Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
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
Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc.
Match The Following Question Correct Answer Your Answer Rely on short term assessment Barrier in evaluation Barrier in evaluation 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
Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Technology forecasting
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB
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 The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions
True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer Few stars , More dogs
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Statistical quality control
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 Horizontal integration is concerned with Correct Answer product lines Your Answer product lines
True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer False
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
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
True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated 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
True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True
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 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 modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept
Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check
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 , Division of labour , Departmentalisation
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False
Select The Blank Question A hardware manufacture enters into software is an example of ________ integration. Correct Answer horizontal Your Answer horizontal
True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation Your Answer Strategic evaluation
Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority
Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic
Your Answer Political- legal , socio-cultural , economic-demographic LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Goals
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
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 Systems approach
Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer joint venture/alliances with MNCs
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False
True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True
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
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 Self-awareness
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
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
Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share
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 ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control
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
structured/ unstructured expert/inexpert opinion , simulation
True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False
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 the most important feature in the implementation of strategic management Correct Answer leadership Your Answer planning system
True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True
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
Match The Following Question Correct Answer Your Answer 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion Sources of funds
Factor leading to financial capability Factor leading to financial capability The retrieval and usage of information Factor leading to Information Management Capability Value chain analysis The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability
Match The Following Question Correct Answer Your Answer 7-S Framework Skills, super ordinate goals, structure Skills, super ordinate goals, structure Alternate futures Option valuation model Option valuation model Staffing Acquiring human resources Acquiring human resources Gap analysis Difference between desired and projected performance Difference between desired and projected performance
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
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 consultants
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
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer
vertical ( forward ) Your Answer vertical ( forward )
Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rituals , Style
Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer budgets
Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth
Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Goals
Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer what the organization strives for. , concept of optimization
True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer False
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline
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 Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength , Profit margin
Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Shapers
Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Infrastructure
True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True
Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction
Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum
True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True
Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure Your Answer Structure LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. 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 Macro environment has got immediate impact on business. Correct Answer False Your Answer False 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 diversification , Increased speed to market True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Crisis Management leads to organisational learning leads to organisational learning Milestone review Another method of implementation control Balanced approach to evaluation Long and short term controls Balanced approach to evaluation Another method of implementation control Variance Actual and budgeted performance Actual and budgeted performance Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Competence , Time Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer ITC Ltd. Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer SWOT analysis Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength , Competition level Select The Blank
Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Centralization 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 , Emotional Intelligence Quotient , Integrity 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 structured/ unstructured expert/inexpert opinion , simulation , single-variable extrapolation/multivariable interaction analysis True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates 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 policy framing Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists 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 , impact of organization on each sector , trends and rate of change of technology True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True 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 , Yields growth, profits etc , may result in disaster if inappropriate
Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Chartered accountant , Auditor , Financial controller Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer organizational hierarchy True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Internal streategies 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 Adapters Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy Match The Following Question Correct Answer Your Answer Premise control Identifies key assumptions Type of strategic control Emergency alert control evaluation Type of strategic control Identifies key assumptions Strategic evaluation Effectiveness of strategy Effectiveness of strategy Rely on short term assessment Barrier in evaluation Audit and Executive committee True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( forward ) 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 They are ultimately responsible for all the administrative aspects of strategic evaluation and control
Correct Answer Chief executive Your Answer Executive committee Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal 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 , Money , Knowledge 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 Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Marketing plan Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries 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 Strategic management deals with Correct Answer Business process Your Answer Business process 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 The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance Correct Answer True
Your Answer True True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True 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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process 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 Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business
Your Answer Modular 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 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion Sources of funds Factor leading to financial capability Factor leading to financial capability The retrieval and usage of information Factor leading to Information Management Capability Factor leading to Information Management Capability The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile 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 accountability True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) 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 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 True/False Question Divestiture is opposed to diversification. Correct Answer False
Your Answer False True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Multiple Choice Single Answer Question The aim in stability strategies is- Correct Answer move slowly & surely Your Answer move slowly & surely 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 Multiple Choice Single Answer Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning 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 Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures 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 Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False 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 Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning 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 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 Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True Select The Blank Question A hardware manufacture enters into software is an example of ________ integration. Correct Answer horizontal Your Answer vertical ( forward) True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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
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 Mass media includes Correct Answer radio, TV, internet etc. Your Answer customer & dealers
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
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 various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Outer Circle , Middle Circle
Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Inspiration
Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer External auditor
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 True
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 CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction
True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer True
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 Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis
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
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Co-operation
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True
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 , communication skills
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True
Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters
Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , Enrichment attack
Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to increase growth rates , to end rivalry between the two
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control
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
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority
True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True
True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer False
Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Possession
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer True
Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Product formulated Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Availability of resources
Marketing strategy Life cycle considerations Product formulated
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 policy framing
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 taxes , availability of buyers , willingness of employees
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 Flotilla concept
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars
Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , what the organization strives for. , concept of optimization
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 ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Inspectors
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
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 , Motivation
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination
Multiple Choice Single Answer
Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal
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 Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model
Multiple Choice Single Answer Question A LIST OF ATTEMPTED QUESTIONS AND ANSWERS 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 Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time Match The Following Question Correct Answer Your Answer Turnaround Strategies Retrenchments - either internally or externally Retrenchments - either internally or externally Retrenchment Strategies Contraction of activities through elimination of the scope of one or more of its business Contraction of activities through elimination of the scope of one or more of its business Divestment Strategies Involves the sale or liquidation of a portion of a business Involves the sale or liquidation of a portion of a business Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Multiple Answer
Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Individual appraisal 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 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 Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model 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 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 Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy 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 accountability Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose 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 True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain 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 Denominator management Correct Answer cost reduction Your Answer cost reduction True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True 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. True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True 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 A hardware manufacture enters into software is an example of ________ integration. Correct Answer horizontal Your Answer vertical ( forward)
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation 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 Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False 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 Core purpose Correct Answer mission Your Answer mission Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength 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 Match The Following Question Correct Answer Your Answer Programs Combination of goals, policies, rules Combination of goals, policies, rules Policies General statements and understanding which, guide thinking in decision-making General statements and understanding which, guide thinking in decision-making Procedures Are plans and a guide to action Are plans and a guide to action
Rules Spell out specific action or non-action Spell out specific action or non-action Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources 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 is Correct Answer Supply chains Your Answer Supply chains
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
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time
Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation Your Answer Strategic evaluation
Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Expertise , Information , Intelligence Your Answer Information , Expertise , Intelligence
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity
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
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
True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing
Correct Answer Traditional Your Answer Traditional
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 , Money
Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing
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
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True
True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True
Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics
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
Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves
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 Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer potentials and competencies of organization.
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
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
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
True/False Question Timing of measurement before hand serves the purpose of evaluation. 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 Division of labour , Departmentalisation
Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller
Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer leadership Your Answer leadership
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
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 diversification , Increased speed to market
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
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars
True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True
True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals
True/False Question Macro environment has got immediate impact on business. 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 Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
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
True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Multiple Choice Single Answer
Question Strategic management deals with Correct Answer Business process Your Answer Business process
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
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
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 Strategic evaluation
Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum
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 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
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems
Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share
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 False
Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Expertise , Intelligence
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in internal environment.
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
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 Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer licensing/franchising
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
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
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy
Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic progress
Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB
True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees 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 Macro environment has got immediate impact on business. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures
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
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
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals
Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission
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
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks
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
Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc.
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 internal transformation
Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth
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 Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False
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 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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS 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 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 Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Cost Accounting Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer legal system, implementation, infrastructure , import-export , internal inadequacies True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Executive summary Synopsis of marketing plan Marketing goals Line Managers Responsibility Ensuring Implementation of marketing actions Taking decisions regarding efficient and effective allocation of resources Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes Top level Executives Taking decisions regarding efficient and effective allocation of resources customized marketing 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 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 Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Informal 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 taxes , availability of buyers , market reaction True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation
Your Answer Orientation Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer mission Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer PR Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Lower Management Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer entirely new business Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Employee grievances 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 conventional decisions 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 qualitative Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer ambitions in proportion to their existing resources & capabilities , what the organization strives for. , concept of optimization Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Inspectors Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer mission Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Formal 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 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 Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral 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 uses time as a unit of measure , Savings are in terms of time saved 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 Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff 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 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 , impact of organization on each sector 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 True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer Premise control Identifies key assumptions Identifies key assumptions Emergency alert control evaluation Type of strategic control Effectiveness of strategy Strategic evaluation Effectiveness of strategy Control Rely on short term assessment Barrier in evaluation Barrier in evaluation True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer False Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer Options 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 internal inadequacies Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Plans Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Style 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 , Type & quality of information , Nature of the manager 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 , Yields growth, profits etc , Only factor determing it's success or failure Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer True Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer Finance department 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 Alien Territory Business Multiple Choice Multiple Answer
Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks , Stars 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 Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Business strength , Profit margin , Competition level Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile 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 Management True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer SWOT analysis Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Capital , Information , Expertise Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Premise control Match The Following Question Correct Answer Your Answer The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Process Sources of funds Factor leading to financial capability Factor leading to financial capability The retrieval and usage of information Factor leading to Information Management Capability Factor leading to Information Management Capability Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure Your Answer Structure Select The Blank
Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer PRM True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer Crisis Management leads to organisational learning First step of signal detection Milestone review Another method of implementation control Chacking of performance Long and short term controls Balanced approach to evaluation Another method of implementation control Variance Actual and budgeted performance Actual and budgeted performance True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True 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 Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Multiple Choice Single Answer Question The tool used for decision making in ' The alternate futures ' scenario is Correct Answer Option Valuation model Your Answer Scenario planning 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 Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree True/False Question All policies are 'statements' 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 , Emotional Intelligence Quotient , Integrity 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 Strategic evaluation True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer True 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 , Motivation Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Modern Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Employess , Resources True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model Multiple Choice Single Answer Question The tool used for future decision making in 'True Ambiguity' scenario is Correct Answer Non-linear dynamic model Your Answer Technology forecasting Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. 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 Micro environment is the internal environment of a company. Correct Answer False Your Answer False 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 CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer central assessment programme Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer mission Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Systems approach 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 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 Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer dependent LIST OF ATTEMPTED QUESTIONS AND ANSWERS 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 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 , impact of organization on each sector Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer PRM True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management 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 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 simulation , Dynamic modes and mapping Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Resources , Competence Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Statistical quality control True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer True Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Possession Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer maintain discipline True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Inspectors True/False Question Macro environment has got immediate impact on business. 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 Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer SWOT analysis
True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack 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 Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( backward ) Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Chief executive Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Premise control Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Strengths Match The Following Question Correct Answer Your Answer Fit SWOT analysis what the company is and why it exists. Vision what a company wishes to become or aspires to be. big headed audacious goals mission what the company is and why it exists. first intensive target BHAG big headed audacious goals SWOT analysis True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer True Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising 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 The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Match The Following Question Correct Answer Your Answer 7-S Framework Skills, super ordinate goals, structure Fit well but low opportunities Alternate futures Option valuation model Acquiring human resources Staffing Acquiring human resources Difference between desired and projected performance Gap analysis Difference between desired and projected performance Skills, super ordinate goals, structure Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer stretch of business activities Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Forecasting Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer True 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 diversification Multiple Choice Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance 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 qualitative 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 , Yields growth, profits etc , may result in disaster if inappropriate 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 True/False Question Focused company is generally protected from competition.
Correct Answer True Your Answer False Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Suspension LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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 Macro environment has got immediate impact on business. Correct Answer False Your Answer False
Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders
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
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
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 Secondary sources of information are Correct Answer newspapers, magazines, journals etc.
Your Answer newspapers, magazines, journals etc.
True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Relevance of apprasial , Procedure of appraisal , Individual appraisal
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy
Multiple Choice Single Answer Question The aim in stability strategies is- Correct Answer move slowly & surely Your Answer move slowly & surely
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 taxes , availability of buyers , market reaction
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
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 Scheduling is a part of strategic management. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose
Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission
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 A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Statistical quality control
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 Self-awareness
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
Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True
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 They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer External auditor
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
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy
True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True
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
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 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
Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength
Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities
True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer False
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True
True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True
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 Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True
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
Multiple Choice Single Answer
Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation
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
True/False Question Arranging training program on productivity is a strategic decision. 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.
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer expansion strategy
True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True
Multiple Choice Single Answer Question The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
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
True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True
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 internal transformation
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 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 , taxes
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 , Money
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission
True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer True
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 The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders
True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True
Multiple Choice Single Answer Question Maintain strategies means Correct Answer no change in strategies Your Answer move slowly & surely
Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc.
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 The ________ are distinct little business set up as units in a larger company Correct Answer Strategic business Units Your Answer Strategic business Units
Select The Blank Question A hardware manufacture enters into software is an example of ________ integration. Correct Answer horizontal Your Answer vertical ( forward)
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
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
Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures
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 , Division of labour , Departmentalisation
True/False Question Micro environment is the internal environment of a company. Correct Answer True Your Answer False
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
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 Flotilla concept
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer mission LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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 Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Delegation , Co-ordination , Creativity
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation , Specialisation Your Answer Departmentalisation
Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist
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 Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems
Your Answer Systems
True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Systems approach
Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer licensing/franchising
True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act
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
Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing
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
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 Core ideology Correct Answer core purpose , core values Your Answer core values , core purpose
True/False Question All policies are 'statements' Correct Answer False Your Answer True
Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer competitive
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 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
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
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
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 Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals
Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time
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
Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image
Your Answer philosophy, public image
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation Your Answer Operational evaluation
True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer False
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation
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
Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment.
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 S.B.U. s S.B.U.s are more focused on their Product line/business Product line/business Manufacturing strategy Productivity Productivity
True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
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.
True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False
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
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists
True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False
Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Binary 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
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 Multiple Answer Question The control process requires the following types of information Correct Answer Reasons , Planned performance , Variances Your Answer Reasons , Planned performance , Variances
Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Latent demand research
True/False Question All policies are 'statements' Correct Answer False Your Answer True
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
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
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 diversification , Increased speed to market
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export
Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc.
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists
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 Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment.
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
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 It indicates the degree of differentiation Correct Answer Structure Your Answer Culture
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 Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True
Match The Following Question Correct Answer Your Answer Top level Executives Taking decisions regarding efficient and effective allocation of resources Taking decisions regarding efficient and effective allocation of resources Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer Easy availability of resources
Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer vision
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False
True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False
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
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 Self-awareness
Multiple Choice Multiple Answer
Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision
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
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB
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 Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc.
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 Flotilla concept
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose
Select The Blank Question Control should involve________ amount of information.
Correct Answer Minimum Your Answer Maximum
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Match The Following Question Correct Answer Your Answer 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion Sources of funds Factor leading to financial capability Factor leading to financial capability The retrieval and usage of information Factor leading to Information Management Capability Factor leading to Information Management Capability The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability
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
True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False
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
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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
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 Mass media includes Correct Answer radio, TV, internet etc. Your Answer customer & dealers
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
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 various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Outer Circle , Middle Circle
Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Inspiration
Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer External auditor
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 True
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 CAP related to internal appraisal of firm stands for
Correct Answer competitive advantage profile Your Answer competitive advantage profile
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction
True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer True
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 Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis
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
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Co-operation
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True
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 , communication skills
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True
Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters
Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , Enrichment attack
Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to increase growth rates , to end rivalry between the two
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control
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
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority
True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True
True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer False
Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Possession
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
True/False Question Divestiture is opposed to diversification. Correct Answer False
Your Answer True
Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Product formulated Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Availability of resources Marketing strategy Life cycle considerations Product formulated
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 policy framing
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 taxes , availability of buyers , willingness of employees
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 Flotilla concept
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars
Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , what the organization strives for. , concept of optimization
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 ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Inspectors
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
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 , Motivation
Select The Blank
Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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 The reasons for acquisition are Correct Answer Increased market power , Increased diversification , Increased speed to market Your Answer Increased diversification , Increased speed to market , Increased market power
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward )
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Goals
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy
Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints
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 It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla
Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal
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 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 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 The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions
True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False
True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False
True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
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
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
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True
Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum
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 True
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority
Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , what the organization strives for. , concept of optimization
Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack
Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral 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
Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Business strength , Profit margin , Competition level
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer goodwill
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer PRM
True/False Question All policies are 'statements' Correct Answer False Your Answer True
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
True/False Question Divestiture is opposed to diversification. Correct Answer False 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 The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning
Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product
Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Strategic surveillance
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
Multiple Choice Single Answer Question The aim in stability strategies is- Correct Answer move slowly & surely Your Answer move slowly & surely
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
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 General Electric Matrix is divided into how many cells Correct Answer 9 Your Answer 9 LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer False
Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Knowledge level system , Management level system , Operational level system
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional
Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer leadership Your Answer leadership
Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics
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 Horizontal integration is concerned with Correct Answer product lines Your Answer product lines
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Procedure of appraisal , Individual appraisal
Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising
Match The Following Question Correct Answer Your Answer Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Taking decisions regarding efficient and effective allocation of resources Middle- level Managers Ensuring proper tactical changes Ensuring proper tactical changes Top level Executives Taking decisions regarding efficient and effective allocation of resources Marketing goals
Multiple Choice Single Answer Question General Electric Matrix is divided into how many cells Correct Answer 9 Your Answer 4
Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis value chain analysis Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product
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 diversification , Encourage excessive competition
Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Resources , Competence , Time , Strategies
True/False Question Arranging training program on productivity is a strategic decision. 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
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 Core purpose
Correct Answer mission Your Answer mission
Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer target
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 Michael Porter's model for Industry Analysis
Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer competitive
True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True
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
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , corporate strategy
Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Inner Model
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 Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer SWOT analysis
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence
Your Answer core competence
Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities
Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Style
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer global strategy
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 environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it." Correct Answer True Your Answer True
True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False
True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True
Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer policy
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
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Question marks , Stars , Cash cowsCash cowsc
Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting
Your Answer Analogies and pattern recognition
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 , Yields growth, profits etc , may result in disaster if inappropriate
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Formal
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
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
True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process , Identifies impact of any change on performance Your Answer Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process , Identifies impact of any change on performance
Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources
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 Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
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
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Match The Following Question Correct Answer Your Answer Sharplin S.M. is the formulation & implementation of plans related to total organization. S.M. is the formulation & implementation of plans related to total organization. Glueck S.M. is a stream of decisions & actions S.M. is a stream of decisions & actions Hofer S.M. is the process, which deals with organizational renewal & growth. S.M. is the process, which deals with organizational renewal & growth. Ansoff S.M. is the systematic approach to position and relate firm to its environment. S.M. is the systematic approach to position and relate firm to its environment.
Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters
Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities
Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Binary
Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics
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
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 Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False
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
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
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 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 Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc.
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
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence
Your Answer core competence
True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False
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
Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
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 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 ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rituals
Multiple Choice Single Answer Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning
True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True
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 W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
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 Expansion strategy means Correct Answer growth Your Answer growth
Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time
Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics
Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB
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
Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Status
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 Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychiatrists
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check
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 Micro environment is the internal environment of a company. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation
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
True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional
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 T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment.
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Risk , Equity , Return
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
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
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
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
Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Co-operation
True/False
Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. Correct Answer False Your Answer False
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
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Some fit and some misfit Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors Heartland business Give the highest priority Give the highest priority
Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree
Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves
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 Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Question marks , Stars , Cash cowsCash cowsc
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 , Yields growth, profits etc , may result in disaster if inappropriate
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
Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export
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.
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-Appraisal
Match The Following Question Correct Answer Your Answer Executive summary Synopsis of marketing plan Marketing goals Line Managers Responsibility Ensuring Implementation of marketing actions customized marketing Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions Top level Executives Taking decisions regarding efficient and effective allocation of resources Taking decisions regarding efficient and effective allocation of resources
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer True
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
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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Criteria for making an evaluation are
Correct Answer Money , Consistency with goals , Consistency with environment Your Answer Money , Consistency with goals , Consistency with environment
Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure Your Answer Strategy
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy
Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic
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 relativity
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
True/False Question All policies are 'statements' Correct Answer False Your Answer False
True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline
Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision
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
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 diversification , Increased speed to market
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff
Your Answer general agreement on trade & tariff
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 internal transformation
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
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 Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal
True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
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
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False
Your Answer False
True/False Question Arranging training program on productivity is a strategic decision. 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
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation
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 The decisions which are applied to structured or routine problems are Correct Answer programmed decisions Your Answer programmed decisions
Match The Following Question Correct Answer Your Answer Rely on short term assessment Barrier in evaluation Barrier in evaluation 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
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 Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc.
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
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward )
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 takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time
Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc.
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB
Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False
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 Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
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 Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer opinions, suggestions, complaints etc. LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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 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 ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer controlling
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
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True
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
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
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 qualitative
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 In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment.
True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer True
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
Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer vision
Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer mission
Multiple Choice Single Answer Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning
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 Mission Correct Answer philosophy, public image Your Answer philosophy, public image
Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction
Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer encirclement attack , frontal attack , flank attack
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 , Integrity
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
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 Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems
True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True
True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False
Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing
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 CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB
True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True
Multiple Choice Single Answer Question Concentric diversification means
Correct Answer new activity related to existing business Your Answer new activity related to existing business
True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True
Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Latent demand research
True/False Question Macro environment has got immediate impact on business. 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
Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Structure
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True
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 Self-awareness
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
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 , communication skills LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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
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 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 , Yields growth, profits etc , may result in disaster if inappropriate
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 Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc.
Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
Multiple Choice Single Answer Question Maintain strategies means Correct Answer no change in strategies Your Answer no change in strategies
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB
Multiple Choice Single Answer Question The aim in stability strategies is- Correct Answer move slowly & surely Your Answer move slowly & surely
True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False
True/False Question Getting new users is a position defense strategy. Correct Answer False
Your Answer False
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 Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer goodwill
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
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
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 market reaction , taxes , availability of buyers
Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries
Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Labour
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
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 Flotilla concept
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 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 Strategic surveillance
Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure Your Answer Structure
True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True
Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters
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 Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False
Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation
True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack
True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True
Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Inspiration
Match The Following Question Correct Answer Your Answer Decision making Managers to develop the courage to make unconventional decisions Crusial problem that affect success 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 develop the courage to make unconventional decisions Responsiveness Managers to provide speedy responses to environmental changes Managers to provide speedy responses to environmental changes
Match The Following Question Correct Answer Your Answer Environmental Analysis Social, Political, legal & technology Formal & Systematic Synergy Vertical Integration Vertical Integration Mechanistic approach to knowledge management Better accessibility to information Better accessibility to information Explicit knowledge Formal & Systematic Social, Political, legal & technology
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
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 target
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals
True/False Question All policies are 'statements' Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Chartered accountant , Auditor , Financial controller
Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists
Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation
True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB
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
Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities
Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour
Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management
Match The Following Question Correct Answer Your Answer 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 strategic alliances means two or more entities join hands for mutual benefit. two or more entities join hands for mutual benefit.
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time
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
True/False Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. Correct Answer False Your Answer False
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True
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 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 Implementation evaluation
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer Easy availability of resources
Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False
True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False
True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False
Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control
True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True
Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists
Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director
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 Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc.
Match The Following Question Correct Answer Your Answer Benchmarking is competitive analysis historical analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Comparative analysis is historical analysis competitive analysis
True/False Question Excelling in one market guarantees success in a new.
Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination
Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity
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 How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting
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 Self-awareness
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 Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation
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 Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB
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 Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain
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
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False
True/False Question All policies are 'statements' Correct Answer False Your Answer False
Match The Following Question Correct Answer Your Answer Rely on short term assessment Barrier in evaluation Audit and Executive committee Premise control Identifies key assumptions Identifies key assumptions Emergency alert control evaluation Type of strategic control Control Strategic evaluation Effectiveness of strategy Effectiveness of strategy
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
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 It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Premise control
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 , Money
Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack
Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose
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 Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True
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 Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures
Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer common enemy
True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False
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 target
Select The Blank
Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer global agreement on trade & taxes
Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries
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 diversification , Increased speed to market
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
True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer True
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
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
Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration
Multiple Choice Single Answer Question General Electric Matrix is divided into how many cells Correct Answer 9 Your Answer 9
Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model
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 Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction
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
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
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
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 Flotilla concept
True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines
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 Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True
Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc.
True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False
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 T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment.
Match The Following Question Correct Answer Your Answer Market follower are Imitator Imitator Horizontal integration means Additional product/service for same customers Additional product/service for same customers Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory
Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal
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 Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Funcational streategies
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 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
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
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 Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources , Competence
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.
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks
True/False Question Timing of measurement before hand serves the purpose of evaluation. 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 accountability
True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True
Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act
True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True
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 External auditor
Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses
Correct Answer Big bets Your Answer Big bets
True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False
Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Taxation planning
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 S.B.U. s S.B.U.s are more focused on their Product line/business Product line/business Manufacturing strategy Productivity Productivity
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True
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 ________ 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 Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Risk , Equity
True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True
Match The Following Question Correct Answer Your Answer 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion Sources of funds Factor leading to financial capability Factor leading to financial capability The retrieval and usage of information Factor leading to Information Management Capability Factor leading to Information Management Capability The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation
True/False Question Micro environment is the internal environment of a company. 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 Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength , Competition level
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
True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
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
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
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
Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True
Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business
Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Employess , Resources LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False Question Getting new users is a position defense strategy. 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
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer global agreement on trade & taxes
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 Strategic surveillance
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Misfit with understanding of critical success factors Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority
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
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 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
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in internal environment.
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 ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems
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 Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Capital , Information , Expertise
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
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
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
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 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 Core purpose Correct Answer mission Your Answer mission
Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business
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
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 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
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 diversification , Increased speed to market
Multiple Choice Multiple Answer
Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising
True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Multiple Choice Single Answer Question It is used extensively in organisation and is concerned with action or performance Correct Answer Operational control Your Answer Premise control
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True
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
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
Match The Following Question Correct Answer Your Answer Top level Executives Taking decisions regarding efficient and effective allocation of resources Ensuring proper tactical changes Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions Middle- level Managers Ensuring proper tactical changes Taking decisions regarding efficient and effective allocation of resources
True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False
Multiple Choice Single Answer
Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc.
Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Risk , Equity
Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum
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
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 Macro environment has got immediate impact on business. Correct Answer False Your Answer False
True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental targets & objective process
Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer newspapers, magazines, journals etc.
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
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 major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline
Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity
True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True
Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing
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 diversification , Increased speed to market
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 Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Style
True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation
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
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
True/False Question Getting new users is a position defense strategy. Correct Answer False
Your Answer False
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in internal environment.
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
True/False Question Budgets are plans expressed in numerical terms usually in financial terms 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
Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by research agencies , by consultants , by employees Your Answer by employees , by research agencies , by consultants
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 Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Match The Following Question Correct Answer Your Answer Marketing a product Mass segmentation Life cycle considerations Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Availability of resources Marketing strategy Life cycle considerations Mass segmentation
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority
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 Flotilla concept
Multiple Choice Single Answer
Question Maintain strategies means Correct Answer no change in strategies Your Answer maintain environmental changes
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 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
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 Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Question marks , Cash cowsCash cowsc
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
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
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 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 The tool used for decision making in ' The alternate futures ' scenario is Correct Answer Option Valuation model Your Answer Option Valuation model
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 Scheduling is a part of strategic management. Correct Answer False Your Answer True
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time
Multiple Choice Single Answer Question The aim in stability strategies is- Correct Answer move slowly & surely Your Answer move slowly & surely
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis
True/False Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. Correct Answer False Your Answer True
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 Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Myths , Rituals , Style
Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False 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 Strategic surveillance Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour Multiple Choice Single Answer Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning
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 Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is Correct Answer significance Your Answer risk Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals 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 accountability True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False 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 Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision 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 Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Circular True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True True/False Question Micro environment is the internal environment of a company. Correct Answer False
Your Answer False Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Funcational streategies True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer True 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 Match The Following Question Correct Answer Your Answer Role of Chief Executive Officer Responsible right from formulation / implementation to review of strategic management Link between company & external environment Role of SUB-level Executive More focussed on product line & responsible for the co-ordination between SUBs & Senior managements Important link between strategizing & implementation Role of consultants Hired for specialized for new business or expertise Hired for specialized for new business or expertise Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer complexity 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 Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum 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 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 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 Flotilla concept Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer policies , procedures Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer IR, OB 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 Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis 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 Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Match The Following Question Correct Answer Your Answer Gap analysis Difference between desired and projected performance Difference between desired and projected performance 7-S Framework Skills, super ordinate goals, structure Skills, super ordinate goals, structure Alternate futures Option valuation model Fit well but low opportunities
Staffing Acquiring human resources Acquiring human resources Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer establish rapport with competitors Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Profit margin , Competition level 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 Focused company is generally protected from competition. Correct Answer True Your Answer True 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 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 Single Answer Question Vertical integration is concerned with Correct Answer supply chain Your Answer production process Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Resources , Time True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer weakness of competitors Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy 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 Self-awareness
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer mission Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum 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 Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management 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 internal transformation Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rituals , Rites , Myths Your Answer Rites , Myths , Rituals Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration 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 Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True 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 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 CAP related to internal appraisal of firm stands for
Correct Answer competitive advantage profile Your Answer Corporate appraisal programme True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer True True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures 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 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 True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False 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 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 True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer
Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters 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 True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer Market follower are Imitator Imitator Horizontal integration means Additional product/service for same customers Additional product/service for same customers Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose 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 Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time 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 It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla 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 Multiple Choice Single Answer Question Export entry modes are
Correct Answer direct/indirect export Your Answer direct/indirect export Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Multiple True/False Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. Correct Answer False Your Answer False 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 Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
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 Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure
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 Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , market reaction
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
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment.
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 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 Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , what the organization strives for.
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
Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
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 analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative. , dividing environment into sectors , sub factors
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.
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 Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Control mechanism , Departmentalisation , Specialisation
True/False Question Arranging training program on productivity is a strategic decision. 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 Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer Easy availability of resources 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 ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True
True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer True
Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation
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
True/False Question Scheduling is a part of strategic management. 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 , Intelligence
Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer newspapers, magazines, journals etc.
Match The Following Question Correct Answer Your Answer Sources of funds Factor leading to financial capability Product, Price, Place, Process The retrieval and usage of information Factor leading to Information Management Capability Factor leading to Personnel Capability The Personnel System Factor leading to Personnel Capability Product, Price, Place, Promotion 4 Ps are Product, Price, Place, Promotion Value chain analysis
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation Your Answer Forecasting , Control mechanism , Departmentalisation , Specialisation
Match The Following Question Correct Answer Your Answer Policies General statements and understanding which, guide thinking in decision-making Combination of goals, policies, rules Procedures Are plans and a guide to action General statements and understanding which, guide thinking in decision-making Rules Spell out specific action or non-action Are plans and a guide to action Programs Combination of goals, policies, rules Is a statement of expected resultsin numbers
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Infrastructure
Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Funcational streategies
Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist
Your Answer end user specialist , specific customer specialist , geographic specialist , research specialist
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
True/False Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. Correct Answer False Your Answer True
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Less dogs , Few stars , More stars
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Integrates manufacturing with business strategy , Instantly spots malfunctions and show where they occur
Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer career development
Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources , Competence , Time
Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries
True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer True
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 rivals , by consultants
Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Possession
True/False Question Divestiture is opposed to diversification.
Correct Answer False Your Answer True
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 Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc.
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
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity
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 , description of impact of each subfactor into a statement which is positive, neutral or negative.
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 top management
Multiple Choice Multiple Answer
Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export , internal inadequacies
Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Subordinates
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 These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer Options
True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True
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 , impact of organization on each sector , trends and rate of change of technology
Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation Your Answer Operational evaluation
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 ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others. Correct Answer Self-awareness Your Answer Self- drive True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries
Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check
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
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False
Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures
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
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 Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength
Select The Blank
Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline
True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer blending cultures , provide for an exit strategy , clarity in strategy & responsibilities
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
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
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional
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 Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Match The Following Question Correct Answer Your Answer Ansoff S.M. is the systematic approach to position and relate firm to its environment. S.M. is the systematic approach to position and relate firm to its environment. Sharplin S.M. is the formulation & implementation of plans related to total organization. S.M. is the formulation & implementation of plans related to total organization. Glueck S.M. is a stream of decisions & actions S.M. is a stream of decisions & actions Hofer S.M. is the process, which deals with organizational renewal & growth. S.M. is the process, which deals with organizational renewal & growth.
Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Funcational streategies
True/False
Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False
Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act
Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum
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 , Money
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 Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc.
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
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
Multiple Choice Single Answer Question The tool used for future decision making in 'True Ambiguity' scenario is Correct Answer Non-linear dynamic model Your Answer Technology forecasting
True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer False
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment.
True/False Question All policies are 'statements' Correct Answer False Your Answer True
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
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
Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Premise control
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
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 Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller
Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
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 The key principle of moral management is "Can we make money with this action decision or behaviour"?
Correct Answer False Your Answer False 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 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.
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
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems
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 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 Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
Match The Following Question Correct Answer Your Answer
Role of consultants Hired for specialized for new business or expertise Link between company & external environment Role of Chief Executive Officer Responsible right from formulation / implementation to review of strategic management Responsible right from formulation / implementation to review of strategic management Role of SUB-level Executive More focussed on product line & responsible for the co-ordination between SUBs & Senior managements Important link between strategizing & implementation
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 Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Changed Management , Integrity & thoughtfulness
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
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time
Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward )
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 Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
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
Match The Following Question Correct Answer Your Answer Horizontal integration means Additional product/service for same customers Additional product/service for same customers Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory Market follower are Imitator Imitator
True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control
Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check Your Answer Checking performance , Reformulate strategies , Standard check
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
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 Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer policies , procedures , corporate strategy
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
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
Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital
True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True
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
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer True
Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
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 At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation Your Answer Strategic evaluation
Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment.
True/False
Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
Match The Following Question Correct Answer Your Answer Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory Market follower are Imitator Imitator Horizontal integration means Additional product/service for same customers Additional product/service for same customers
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 Self-awareness
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 Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model
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 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
Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour
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 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 HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours. Correct Answer False Your Answer False
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 Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Comparative analysis is historical analysis historical analysis
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates Correct Answer Shapers Your Answer Adapters
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False
Multiple Choice Single Answer Question The discipline which deals with what is good and bad and which moral obligation is Correct Answer Ethics Your Answer Ethics
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 Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer True
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 , communication skills
True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True
Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer competitive
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures
True/False Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. Correct Answer False Your Answer False
Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Latent demand research
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.
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
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
Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack
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
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 is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing
True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation
True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Export entry modes are Correct Answer direct/indirect export Your Answer direct/indirect export
True/False Question Micro environment is the internal environment of a company. 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
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 Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
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 Strategic management deals with Correct Answer Business process Your Answer Business process 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 Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False
Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Labour
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 Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer True
Match The Following Question Correct Answer Your Answer Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product Comparative analysis is historical analysis value chain analysis
Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer Reserve the right to play
Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose , ideas and suggestions
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True
Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum
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
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
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
True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True
Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward )
Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries
Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model , local model
Match The Following
Question Correct Answer Your Answer 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 Fit SWOT analysis first intensive target
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 Management
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals
True/False Question All policies are 'statements' Correct Answer False Your Answer False
True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer True
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 , Savings are in terms of time saved
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
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 Strategic surveillance
Multiple Choice Single Answer Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning
Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic , technology
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True
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
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 seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Fixed
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 risk of business gets shared , sharing competence of each other
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
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 Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment.
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 , communication skills
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 , Money , Knowledge
True/False Question Labour satisfaction may result in unethical behaviour as anger.
Correct Answer False Your Answer False
True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question They have time based utility Correct Answer Goals , Resources Your Answer Goals , Employess , Resources
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
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.
Multiple Choice Multiple Answer Question Three important managerial qualities required for the effective strategic management Correct Answer Vision , Conceptual, human & intellectual skills , Decision making ability Your Answer communication 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 Centralization
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 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
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 Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints
Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters
Your Answer Shapers
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 Structural planning
Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer True
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
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 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 Magnitude of the decision outcome and scope of their impact on the decision maker's domain of activity is Correct Answer significance Your Answer risk
True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Vendors Model , Civic Model , Austere Model Your Answer Civic Model , Austere Model , Vendors Model
True/False Question Scheduling is a part of strategic management.
Correct Answer False Your Answer False
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer product performance analysis
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 diversification
True/False Question Companies have strenghts in a number of areas but their key strength are few in number 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
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer mission
Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer competitive
Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Structure
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy
True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength , Competition level
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars
Match The Following Question Correct Answer Your Answer
Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority
Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Chartered accountant , Auditor , Financial controller
Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing
True/False Question The actual performance matches the budgeted performance. This is a realistic situation. 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
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 The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Funcational streategies
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 ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional
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
Match The Following
Question Correct Answer Your Answer Comparative analysis is historical analysis competitive analysis Benchmarking is competitive analysis Reengineering Michael Hammer & James Chapy Reengineering value chain analysis GDP stands for gross domestic product gross domestic product
Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time
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
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer PR
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal
Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure Your Answer Structure
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False
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
Multiple Choice Multiple Answer Question Attack strategies are Correct Answer encirclement attack , frontal attack , flank attack
Multiple Choice Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer Taxes, availability of buyers, market reaction Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Multiple Choice Single Answer Question Vertical integration is concerned with Correct Answer Supply chain True/False Question Companies have strengths in a number of areas but their key strength are few in number Correct Answer True True/False
Question All policies are 'statements' Correct Answer False Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Misfit with understanding of critical success factors Heartland business Give the highest priority Give the highest priority 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 Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer Leadership True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Multiple Choice Single Answer Question It concentrates on organization design and work flow Correct Answer Flotilla True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Select The Blank Question Economics of scale requires ________. Correct Answer high market share Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Multiple Choice Multiple Answer Question Performance is affected by Correct Answer Inappropriate structure , Wrong motivational styles , Distorted resource allocation Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management 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 Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems 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 Multiple Choice Single Answer Question The traditional approach towards uncertainty is
Correct Answer Binary True/False Question Macro environment has got immediate impact on business. Correct Answer False Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Multiple Choice Single Answer Question The decisions which are relate to daily decisions like leave records etc. which are mundane in nature & highly routines & can be done at a junior level are Correct Answer operational decisions 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 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 Select The Blank Question Brush your teeth twice a day is an example of expanding the total market by________. Correct Answer more usage Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Multiple Choice Multiple Answer Question Measures to take corrective action Correct Answer Checking performance , Reformulate strategies , Standard check True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Select The Blank Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal. Correct Answer internal transformation Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Match The Following Question Correct Answer Your Answer Top level Executives Taking decisions regarding efficient and effective allocation of resources Marketing goals Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring Implementation of marketing actions Middle- level Managers Ensuring proper tactical changes Taking decisions regarding efficient and effective allocation of resources True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Multiple Choice Multiple Answer
Question Program is a combination of Correct Answer goals , policies , procedures Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True 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
Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc.
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 A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints
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 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
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination
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 These are critical situations that occur unexpectedly and threaten the course of a firm's strategy Correct Answer Crisis Your Answer Emergency
Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist
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 ________ is a modern plant consisting of modules centered around a stage in the production process Correct Answer Flotilla concept Your Answer Flotilla concept
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer provide for an exit strategy , clarity in strategy & responsibilities , blending cultures
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal
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 selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True
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 The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Reasons
True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True
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.
Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share
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
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy
Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital
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 Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose
Select The Blank Question ________ should have the ability to develop a visionto see patterns into the future. Correct Answer Leaders Your Answer Leaders
True/False Question Excelling in one market guarantees success in a new. Correct Answer False Your Answer False
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward )
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 Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
Multiple Choice Single Answer
Question It indicates the degree of differentiation Correct Answer Structure Your Answer Structure
Multiple Choice Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Risk , Equity
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
Match The Following Question Correct Answer Your Answer Comparative analysis is historical analysis historical analysis Benchmarking is competitive analysis competitive analysis Michael Hammer & James Chapy Reengineering Reengineering GDP stands for gross domestic product gross domestic product
Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer horizontal integration
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour
True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False
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 Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries
True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True
Multiple Choice Multiple Answer
Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction
Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer strategy
Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
Multiple Choice Single Answer Question The tool used for decision making in ' The alternate futures ' scenario is Correct Answer Option Valuation model Your Answer Option Valuation model
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 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.
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Myths , Rituals , Style
Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Technology forecasting
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline
Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer leadership Your Answer leadership
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
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 risk
True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True
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 , Yields growth, profits etc , may result in disaster if inappropriate
Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
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 They are ultimately responsible for all the administrative aspects of strategic evaluation and control Correct Answer Chief executive Your Answer Board of directors
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 Strategic management deals with Correct Answer Business process Your Answer Business process
Select The Blank Question Factors leading to personnel capability are________. Correct Answer IR, OB Your Answer PRM
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
Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength
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 Structure
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
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 diversification , Increased speed to market
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
Multiple Choice Multiple Answer Question market research is conducted by Correct Answer by research agencies , by consultants , by employees Your Answer by employees , by research agencies , by consultants
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Modern Accounting
Match The Following Question Correct Answer Your Answer Executive summary Synopsis of marketing plan Synopsis of marketing plan Line Managers Responsibility Ensuring Implementation of marketing actions Ensuring proper tactical changes Middle- level Managers Ensuring proper tactical changes Ensuring Implementation of marketing actions
Top level Executives Taking decisions regarding efficient and effective allocation of resources Taking decisions regarding efficient and effective allocation of resources
Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer common enemy
Match The Following Question Correct Answer Your Answer Role of Chief Executive Officer Responsible right from formulation / implementation to review of strategic management Link between company & external environment Role of SUB-level Executive More focussed on product line & responsible for the co-ordination between SUBs & Senior managements Important link between strategizing & implementation Role of consultants Hired for specialized for new business or expertise Hired for specialized for new business or expertise
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
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalization Your Answer Forecasting , Control mechanism
Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation
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
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 Maintain strategies means Correct Answer no change in strategies Your Answer move slowly & surely
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 Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures
True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time
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 Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc.
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 Self-awareness
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 Matching, converting, minimizing & avoiding strategies Marketing strategy Life cycle considerations Life cycle considerations
Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control
Your Answer Statistical quality control
Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
Multiple Choice Single Answer Question This strategic posture takes the current industry structure and its future evolution as given and then react to the opportunities the market offers Correct Answer Adapters Your Answer Adapters
True/False Question Labour satisfaction may result in unethical behaviour as anger. 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 , Resources
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward )
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional
Multiple Choice Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation
True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
True/False Question Arranging training program on productivity is a strategic decision. 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
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
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
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 The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Technology forecasting
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
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
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks
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 Flotilla concept
True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False
Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share
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 S.B.U. s
S.B.U.s are more focused on their Product line/business Product line/business Manufacturing strategy Productivity Productivity
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
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination
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 , Yields growth, profits etc , may result in disaster if inappropriate
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True
True/False Question All policies are 'statements' Correct Answer False Your Answer False
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time
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.
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation
Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer leadership Your Answer leadership
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 An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars
Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Binary
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration 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.
Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment.
Match The Following Question Correct Answer Your Answer Fit SWOT analysis Vision what a company wishes to become or aspires to be. what the company is and why it exists. mission what the company is and why it exists. first intensive target BHAG big headed audacious goals
Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration
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
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
True/False Question Adapter duplicate the leader and claim to be similar or even the same.
Correct Answer False Your Answer False
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure
Multiple Choice Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc.
True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength
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 Vertical integration is concerned with Correct Answer supply chain Your Answer supply chain
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 How does 'structure' reduce external uncertainity arising out of human behaviour Correct Answer Research and planning , Forecasting Your Answer Research and planning , Forecasting
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 Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc.
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline
Your Answer Self-discipline
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
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 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 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 The various areas covered by social responsibility are Correct Answer Inner Circle , Intermediate circle , Outer Circle Your Answer Inner Circle , Intermediate circle , Outer Circle
True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False
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 Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures
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
Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller
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 ________ 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
Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Modular
True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist
Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum
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 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 Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence
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 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
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy
Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer True
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Statistical quality control
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer integration strategy
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
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
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour
True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer True
True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc.
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Multiple Choice Multiple Answer Question Harveststrategy is used for Correct Answer Dogs , Question marks Your Answer Dogs , Question marks
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
True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False
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
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 , Money
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 Single Answer Question Strategic management is concerned with Correct Answer long- range planning
Your Answer long- range planning
Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum
Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Cost Accounting
Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer career development
Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer specialization
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False
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 Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic
Match The Following Question Correct Answer Your Answer
Horizontal integration means Additional product/service for same customers Additional product/service for same customers Vertical forward integration means Becoming your own customer Becoming your own customer Position defense means Fortification around one's territory Fortification around one's territory Market follower are Imitator Imitator
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True
True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False
True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True
Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Opportunities
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 Operational planning
Multiple Choice Single Answer Question The strategies which deal with the relative and restricted function for allocation of resources is Correct Answer Funcational streategies Your Answer Ethical streategies
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer licensing/franchising
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 The traditional approach towards uncertainity is Correct Answer Binary Your Answer Binary
Multiple Choice Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars
Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Centralization
Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration
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 4 Ps are Product, Price, Place, Promotion Product, Price, Place, Promotion Sources of funds Factor leading to financial capability Factor leading to financial capability The retrieval and usage of information Factor leading to Information Management Capability Factor leading to Information Management Capability The Personnel System Factor leading to Personnel Capability Factor leading to Personnel Capability 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 The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True
Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer aggressive
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Corporate strategy ensures Correct Answer fit between the firm and its environment Your Answer fit between the firm and its environment
Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business Your Answer social activity
True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer True
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 , Integrity
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
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
Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Goals
True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision
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
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 Core purpose Correct Answer mission Your Answer mission
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional
True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer True
Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
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
True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False
True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True
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 Control
True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Competence , Time
Multiple Choice Single Answer Question The aim in stability strategies is- Correct Answer move slowly & surely Your Answer move slowly & surely
Multiple Choice Multiple Answer Question Organizational models are Correct Answer international model , global organizational model , multinational model Your Answer multinational model , international model , global organizational model
Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller
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 Flotilla concept
True/False Question Divestiture is opposed to diversification. Correct Answer False Your Answer False
Multiple Choice Single Answer Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning
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
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
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 Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment.
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
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
True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False
Select The Blank Question ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Flotilla concept
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
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 Matching, converting, minimizing & avoiding strategies Marketing strategy Life cycle considerations Life cycle considerations
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 taxes , availability of buyers , willingness of employees
Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act
Multiple Choice Single Answer Question Knowledge of the relationships between choices, environment & outcomes is Correct Answer familiarity Your Answer familiarity
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 , Yields growth, profits etc , may result in disaster if inappropriate
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
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 Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength , Profit margin
Multiple Choice Single Answer Question Denominator management Correct Answer cost reduction Your Answer cost reduction
True/False Question Systems are formal and informal rules and regulations that complements the company structure Correct Answer True Your Answer True
Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer vision
True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer True
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Individual appraisal
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal
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 internal transformation
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
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 Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline
True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer True
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time
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
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 Performance is affected by Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles Your Answer Distorted resource allocation , Inappropriate structure , Leadership
Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation
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 Multiple Answer Question supplier & technological environment is concerned with Correct Answer logistics , raw material , trends and rate of change of technology , quality & no. of suppliers Your Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology
Multiple Choice Single Answer Question This strategic posture plays a leadership role in establishing how the industry operates Correct Answer Shapers Your Answer Adapters
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate Heartland business Give the highest priority Give the highest priority
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
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation
Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile
True/False Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. Correct Answer False Your Answer False
Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer risk analysis
Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising
True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
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
Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets
Your Answer Finance department
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 diversification , Increased speed to market
Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward )
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 Single Answer Question Mass media includes Correct Answer radio, TV, internet etc. Your Answer customer & dealers
Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc.
Match The Following Question Correct Answer Your Answer Crisis Management leads to organisational learning First step of signal detection Milestone review Another method of implementation control Another method of implementation control Long and short term controls Balanced approach to evaluation Balanced approach to evaluation Variance Actual and budgeted performance Actual and budgeted performance
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 Multiple Answer Question The control process requires the following types of information Correct Answer Planned performance , Variances , Reasons Your Answer Planned performance , Variances , Motivation
True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer False
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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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
Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation
True/False Question Focused company is generally protected from competition. Correct Answer True Your Answer False
Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , global organizational model
Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Chartered accountant , Auditor , Financial controller
Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer External auditor
Multiple Choice Multiple Answer Question The Hallmarks for self-regulation are Correct Answer Trust & fairness , Changed Management , Integrity & thoughtfulness Your Answer Trust & fairness , Integrity & thoughtfulness , Lack of emotions
Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer vision
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
Match The Following Question Correct Answer Your Answer Ballast business Fit well but low opportunities Fit well but low opportunities Gap analysis Difference between desired and projected performance Difference between desired and projected performance Corporate parenting Managing SBU's by a corporate Managing SBU's by a corporate
Heartland business Give the highest priority Give the highest priority
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer import-export , govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure
Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time
Select The Blank Question ________ relationships are effective in communicating complex information Correct Answer Personal Your Answer Personal
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
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Traditional
Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing
Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile
True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer False
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 A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer ITC Ltd.
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 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 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 Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True
Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional
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 , Savings are in terms of time saved
True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True
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 Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer True
True/False Question Labour satisfaction may result in unethical behaviour as anger. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Procedure of appraisal , Individual appraisal
True/False Question Micro environment is the internal environment of a company. Correct Answer True Your Answer False
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False
Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer vertical ( forward )
Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Maximum
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 Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose
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 Role
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
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
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 Self-awareness
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 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
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 Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Milestone review
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment.
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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer Question Business is rated on which dimensions Correct Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength
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 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 Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic
Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward )
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 Strategic management deals with Correct Answer Business process Your Answer Business process
Multiple Choice Single Answer Question Horizontal integration is concerned with Correct Answer product lines Your Answer product lines
Select The Blank Question A hardware manufacture enters into software is an example of ________ integration. Correct Answer horizontal
Your Answer vertical ( forward)
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
True/False Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. Correct Answer False Your Answer False
Multiple Choice Single Answer Question T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment.
Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation
True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export
Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves
Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization
Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Structure
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
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 Marketing a product Mass segmentation Mass segmentation Environmental Analysis Social, Political, legal & technology Social, Political, legal & technology Swot Analysis Matching, converting, minimizing & avoiding strategies Matching, converting, minimizing & avoiding strategies Marketing strategy Life cycle considerations Life cycle considerations
Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning
Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist
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
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 They have time based utility Correct Answer Goals , Resources Your Answer Goals , Resources
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
Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose
Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Technology forecasting
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Concentric diversification means Correct Answer new activity related to existing business
Your Answer new activity related to existing business
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 internal transformation
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
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 Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True
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 Self-awareness
Multiple Choice Multiple Answer Question How does 'structure' reduce internal uncertainity arising out of human behaviour Correct Answer Control mechanism , Departmentalisation , Specialisation Your Answer Control mechanism , Departmentalisation
Select The Blank Question The benefits of a change in process are defined in terms of ________ cost savings Correct Answer Labour Your Answer Labour
True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False
True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False
Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc.
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
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 Multiple Answer Question An unhealthy portfolio has Correct Answer More dogs , Few stars Your Answer More dogs , Few stars
True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer False
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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Different kinds of information systems are Correct Answer Operational level system , Knowledge level system , Management level system Your Answer Knowledge level system , Management level system , Operational level system True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True 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 Audit and Executive committee Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer Strategy Multiple Choice Multiple Answer Question Organizational models are Correct Answer multinational model , international model , global organizational model Your Answer multinational model , international model , local model Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management
Your Answer Top Management 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 Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Multiple Choice Single Answer Question It refers to the relatively more durable company arrangements and relationships Correct Answer Structure Your Answer Strategy True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Select The Blank Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Dividend planning Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer Corporate appraisal programme 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 , communication skills Select The Blank Question Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) 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 target Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are
Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Factors to be considered in political- legal environmental scanning are Correct Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export Your Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , internal inadequacies 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 True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False True/False Question According to Michael Porter, the core of efficiency management is strategy. Correct Answer True Your Answer True Multiple Choice Single Answer Question Expansion strategy means Correct Answer growth Your Answer growth True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer True 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 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 Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , what the organization strives for. Select The Blank Question Displacing competitor is ________ category of goal. Correct Answer common enemy Your Answer aggressive Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft
Correct Answer vision Your Answer vision Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer mission Select The Blank Question Make or buy decision is related with ________strategy. Correct Answer vertical ( backward ) integration Your Answer diagonal integration Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Strategy True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Single Answer Question A pictorial depiction of various outcomes of a decision is Correct Answer decision tree Your Answer decision tree Match The Following Question Correct Answer Your Answer Crisis Management leads to organisational learning leads to organisational learning Milestone review Another method of implementation control Chacking of performance Long and short term controls Balanced approach to evaluation Another method of implementation control Variance Actual and budgeted performance Actual and budgeted performance Multiple Choice Single Answer Question Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act Multiple Choice Single Answer Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning 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 , communication skills True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer True True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True
Your Answer True 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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer provide for an exit strategy , clarity in strategy & responsibilities , blending cultures Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy 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 Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures Select The Blank Question Module of Flotilla strikes an optimum balance of ________ and flexibility Correct Answer Standardisation Your Answer Standardisation Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence 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 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 Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False Select The Blank Question Strategic evaluation determines the effectiveness of ________ Correct Answer Strategy Your Answer Strategy Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model 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 Multiple Choice Single Answer Question They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implications Correct Answer Board of director Your Answer Board of director Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer target 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 Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. True/False Question Staffing function applies to all company levels irrespective of levels of hierarchy Correct Answer True Your Answer True True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True 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 diversification , Increased speed to market Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core values , core purpose 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. diversification True/False Question Analysis of variances leads to a plan for corrective action Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic Multiple Choice Single Answer
Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets 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 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 Self-awareness Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis Select The Blank Question Economics of scale requires ________. Correct Answer high market share Your Answer high market share Select The Blank Question Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups. Correct Answer Co-ordination Your Answer Centralization Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Multiple Choice Single Answer Question At this level , the effort is directed at assessing the consistency of strategy with the environment Correct Answer Strategic evaluation Your Answer Strategic evaluation Multiple Choice Single Answer Question Core purpose Correct Answer mission Your Answer mission 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 True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer weakness of competitors Select The Blank Question ________ is the drive to achieve beyond one's expectations Correct Answer Motivation Your Answer Motivation 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 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 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 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 True/False Question Environmental competitiveness tends to encourage ethical behaviour. 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 Single Answer Question A major part of strategy implementation is Correct Answer resource allocation Your Answer resource allocation True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False 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 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 risk 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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS 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. Multiple Choice Single Answer Question The traditional approach towards uncertainity is Correct Answer Binary Your Answer Binary Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model 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 Michael Porter's model for Industry Analysis 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 Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning Multiple Choice Single Answer Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation True/False Question Numerator may bring short-term results, but there may be serious long-term sacrifices. Correct Answer False Your Answer False Multiple Choice Single Answer Question It indicates the degree of differentiation Correct Answer Structure Your Answer Structure 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. 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 Concentric diversification means Correct Answer new activity related to existing business Your Answer new activity related to existing business True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence 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 Multiple Answer Question Factors to be considered while deciding candidates for divestiture are Correct Answer availability of buyers , market reaction , taxes Your Answer taxes , availability of buyers , market reaction
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 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. Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False 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 Core purpose Correct Answer mission Your Answer mission Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Select The Blank Question Delay in ________ measurement defeats the purpose of evaluation. Correct Answer Time Your Answer Time 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 This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy Select The Blank
Question Companies employ trained ________ to develop "competency models" to identify potential leaders Correct Answer Psychologists Your Answer Psychologists True/False Question Changes in company structure also necessitates changes in the systems in various degrees Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Attack strategies are Correct Answer frontal attack , flank attack , encirclement attack Your Answer frontal attack , flank attack , encirclement attack Multiple Choice Single Answer Question An approach that strives to follow ethical principles and percepts is Correct Answer Moral management Your Answer Moral management 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 diversification , Increased speed to market Select The Blank Question A hardware manufacture enters into software is an example of ________integration. Correct Answer vertical ( forward ) Your Answer horizontal Match The Following Question Correct Answer Your Answer Crisis Management leads to organisational learning leads to organisational learning Milestone review Another method of implementation control Another method of implementation control Long and short term controls Balanced approach to evaluation Balanced approach to evaluation Variance Actual and budgeted performance Actual and budgeted performance Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional True/False Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. Correct Answer False Your Answer False 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 Self-awareness True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False 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 , Money Multiple Choice Multiple Answer
Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates True/False Question All policies are 'statements' Correct Answer False Your Answer False Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries 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 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 Factors to be considered while deciding candidates for divestiture are Correct Answer taxes , availability of buyers , market reaction Your Answer taxes , availability of buyers , market reaction Multiple Choice Multiple Answer Question Critical resources in the emerging information age are Correct Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence Match The Following Question Correct Answer Your Answer Crisis Management leads to organisational learning leads to organisational learning Milestone review Another method of implementation control Another method of implementation control Long and short term controls Balanced approach to evaluation Balanced approach to evaluation Variance Actual and budgeted performance Actual and budgeted performance 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 True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False True/False Question All policies are 'statements' 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 Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process 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 ________ identifies the impact of any change on performance Correct Answer Statistical quality control Your Answer Statistical quality control True/False Question The actual performance matches the budgeted performance. This is a realistic situation. Correct Answer False Your Answer False 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. 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 The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc. Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment. 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
Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist Multiple Choice Single Answer Question Strategic management is concerned with Correct Answer long- range planning Your Answer long- range planning 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 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 Multiple Answer Question Money is invested by way of Correct Answer Debt , Equity Your Answer Debt , Equity 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 Titan going into setting their won retail outlets- this is ________ integration. Correct Answer vertical ( forward ) Your Answer vertical ( forward ) Select The Blank Question ________cost accounting measures the cost of producing and ignores the cost of non-producing Correct Answer Traditional Your Answer Traditional Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management True/False Question Business ethics is how personal norms do not apply to activities & goals of a commercial firm. Correct Answer False Your Answer True 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 This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets
Your Answer Big bets Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Multiple Choice Single Answer Question Retrenchment strategy means Correct Answer contraction of business activities Your Answer contraction of business activities True/False Question Adapter duplicate the leader and claim to be similar or even the same. Correct Answer False Your Answer False 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 Multiple Choice Single Answer Question Investment entry mode are Correct Answer joint venture/independent ventures/subsidiaries Your Answer joint venture/independent ventures/subsidiaries True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False 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 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 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 seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems True/False Question Macro environment has got immediate impact on business. Correct Answer False Your Answer False
Multiple Choice Single Answer Question It is the process of selecting people for company positions and developing skills and abilities for assignments in the company Correct Answer Staffing Your Answer Staffing LIST OF ATTEMPTED QUESTIONS AND ANSWERS 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 market reaction , taxes , availability of buyers Multiple Choice Single Answer Question Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets Match The Following Question Correct Answer Your Answer Sharplin S.M. is the formulation & implementation of plans related to total organization. S.M. is the formulation & implementation of plans related to total organization. Glueck S.M. is a stream of decisions & actions S.M. is a stream of decisions & actions Hofer S.M. is the process, which deals with organizational renewal & growth. S.M. is the process, which deals with organizational renewal & growth. Ansoff S.M. is the systematic approach to position and relate firm to its environment. S.M. is the systematic approach to position and relate firm to its environment. Multiple Choice Single Answer Question W in SWOT stands for Correct Answer inherent inadequacy of organization Your Answer inherent inadequacy of organization Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision Select The Blank Question ETOP stands for ________. Correct Answer environmental threat & opportunity profile Your Answer environmental threat & opportunity profile Multiple Choice Single Answer Question It concentrates on organisation design and work flow Correct Answer Flotilla Your Answer Flotilla Multiple Choice Single Answer Question A Large-scale community development project was funded to enable farmers to use local resources effectively by Correct Answer Asian Paints Your Answer Asian Paints Select The Blank Question ________ models can be described as a system that describe how pieces of business fit together. Correct Answer Business Your Answer Business Multiple Choice Multiple Answer Question Niche marketing means Correct Answer end user specialist , specific customer specialist , geographic specialist Your Answer end user specialist , specific customer specialist , geographic specialist
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 ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems Multiple Choice Single Answer Question Mission Correct Answer philosophy, public image Your Answer philosophy, public image True/False Question Counterfeiter copy but with a difference that can be seen. Correct Answer False Your Answer False True/False Question Undec the social goals the responsibilities with regard to employees includes prociding maximum possible satisfaction to consumer providing quality goods & services at reasonable prices. 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 Multiple Choice Single Answer Question CAP related to internal appraisal of firm stands for Correct Answer competitive advantage profile Your Answer competitive advantage profile Multiple Choice Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. 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 Multiple Choice Single Answer Question Secondary sources of information are Correct Answer newspapers, magazines, journals etc. Your Answer newspapers, magazines, journals etc. Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff True/False Question Three C's affecting today's companies are customer, competition & change
Correct Answer True Your Answer False Multiple Choice Single Answer Question Maintain strategies means Correct Answer no change in strategies Your Answer no change in strategies Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures Multiple Choice Multiple Answer Question What is Statistical Quality Control(SQC) Correct Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Your Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur Multiple Choice Multiple Answer Question Macro environment Correct Answer Political- legal , socio-cultural , economic-demographic Your Answer Political- legal , socio-cultural , economic-demographic True/False Question Environmental competitiveness tends to encourage ethical behaviour. Correct Answer False Your Answer False Multiple Choice Single Answer Question It is the most important feature in the implementation of strategic management Correct Answer leadership Your Answer leadership True/False Question The key principle of moral management is "Can we make money with this action decision or behaviour"? Correct Answer False Your Answer False Multiple Choice Single Answer Question The aim in stability strategies is- Correct Answer move slowly & surely Your Answer move slowly & surely 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 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 Multiple Answer Question The major issues of appraisal system are Correct Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal Your Answer Factors of appraisal , Relevance of apprasial , Procedure of appraisal
Multiple Choice Single Answer Question It enables the strategists to take corrective action at the right time Correct Answer Premise control Your Answer Premise control Select The Blank Question In a ________ a decentralized structure is achieved & harmonized at the plant & area levels. Correct Answer Delegation Your Answer Delegation 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 Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True True/False Question Micro environment is the internal environment of a company. Correct Answer False Your Answer False 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 Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Company secretary , Auditor , Financial controller Select The Blank Question Control should involve________ amount of information. Correct Answer Minimum Your Answer Minimum Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy 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 Self-awareness 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 Core purpose Correct Answer mission Your Answer mission LIST OF ATTEMPTED QUESTIONS AND ANSWERS 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
True/False Question Scheduling is a part of strategic management. Correct Answer False Your Answer False
True/False Question The super structure indicates ways in which company's tasks are integrated or coordinated Correct Answer True Your Answer True
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 , Money
True/False Question Companies have strenghts in a number of areas but their key strength are few in number Correct Answer True Your Answer True
Multiple Choice Single Answer Question Strategic management deals with Correct Answer Business process Your Answer Business process
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 Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
True/False Question Change in company's strategy gives rise to problems necessitating a new structure to be made Correct Answer True Your Answer True
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
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
Select The Blank Question Make or buy decision is related with ________strategy.
Correct Answer vertical ( backward ) integration Your Answer vertical ( backward ) integration
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 Financial environment is concerned with Correct Answer demand & supply of money, capital markets Your Answer demand & supply of money, capital markets
Multiple Choice Multiple Answer Question Principles to manage strategic alliances are Correct Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy Your Answer clarity in strategy & responsibilities , blending cultures , provide for an exit strategy
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment.
Multiple Choice Multiple Answer Question These people are primarily responsible for operating control based on budgeting, reporting and financial analysis Correct Answer Company secretary , Auditor , Financial controller Your Answer Auditor , Financial controller , Company secretary
Multiple Choice Single Answer Question Associated external agencies means Correct Answer channel members, customers, suppliers etc. Your Answer channel members, customers, suppliers etc.
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy
True/False Question All policies are 'statements' Correct Answer False Your Answer False
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 Responsibility towards society & community includes - Avoiding bad, smoky chimneys, & pollution of any kind and abiding by the Correct Answer Environment Protection Act Your Answer Environment Protection Act
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
True/False Question Arranging training program on productivity is a strategic decision. Correct Answer False
Your Answer False
Multiple Choice Single Answer Question The process of forecasting an organization's future demands for and supply of right type of people in right number is Correct Answer Man-power planning Your Answer Man-power planning
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Technology forecasting
Multiple Choice Multiple Answer Question The culture of a company is conveyed through Correct Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals
Multiple Choice Single Answer Question Contractual entry modes are Correct Answer licensing / franchising Your Answer licensing / franchising
Multiple Choice Multiple Answer Question These following factors determine the desire of risk Correct Answer Strategies , Resources Your Answer Strategies , Resources
True/False Question Acquisitions which are friendly are termed as "take-overs". 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 Mass media includes Correct Answer radio, TV, internet etc. Your Answer radio, TV, internet etc.
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
Select The Blank Question ________ is the company's most critical and scarest resource. Correct Answer Capital Your Answer Capital
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
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
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
True/False Question Arranging training program on productivity is a strategic decision. 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
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 taxes , availability of buyers , market reaction
Multiple Choice Single Answer Question The objective to maximize value of the enterprize by striking a mean between liquidity, risk and profitability is Correct Answer Receivables planning Your Answer Receivables planning
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
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 Self-awareness
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
Match The Following Question Correct Answer Your Answer Retrenchment Strategies Contraction of activities through elimination of the scope of one or more of its business Contraction of activities through elimination of the scope of one or more of its business
Divestment Strategies Involves the sale or liquidation of a portion of a business Involves the sale or liquidation of a portion of a business Turnaround Strategies Retrenchments - either internally or externally Retrenchments - either internally or externally LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer Question The tool used for decision making in 'A range of futures' scenario is Correct Answer Technology forecasting Your Answer Technology forecasting
Multiple Choice Single Answer Question Empower people through great software anytime , any place, on any device'- Microsoft Correct Answer vision Your Answer vision
Select The Blank Question Modern Accounting uses ________ as a unit of measure Correct Answer Time Your Answer Time
True/False Question Change in company structure from divisional to matrix also mean changes in the systems in various degrees Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question Various phases of Growth are Correct Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination
Select The Blank Question ________ is seen as an integral process that converts materials into goods Correct Answer Systems Your Answer Systems
Select The Blank Question Value chain analysis is an effective tool for ________. Correct Answer internal analysis Your Answer internal analysis
Select The Blank Question Bajaj started manufacturing of sunny is an example of ________. Correct Answer concentration strategy Your Answer concentration strategy
Multiple Choice Multiple Answer Question Merger takes place Correct Answer between a buyer and a seller , to avail tax concessions , to increase growth rates Your Answer between a buyer and a seller , to avail tax concessions , to increase growth rates
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
True/False Question Reciprocal responsibility means equal blames and credit. Correct Answer False Your Answer False
Multiple Choice Single Answer Question In SWOT , S stands for Correct Answer favorable condition in the organization's environment. Your Answer favorable condition in the organization's environment.
True/False Question Standards of performance act as the benchmark against which the actual performance is compared. Correct Answer True Your Answer True
True/False Question Three C's affecting today's companies are customer, competition & change Correct Answer True Your Answer True
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
Select The Blank Question Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
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 Criteria for making an evaluation are Correct Answer Consistency with goals , Consistency with environment , Money Your Answer Consistency with goals , Consistency with environment , Money
Multiple Choice Multiple Answer Question Core ideology Correct Answer core values , core purpose Your Answer core purpose , core values
Select The Blank Question ________ and greater accountability replace formal control. Correct Answer Self-discipline Your Answer Self-discipline
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
Match The Following Question Correct Answer Your Answer Sharplin S.M. is the formulation & implementation of plans related to total organization. S.M. is the formulation & implementation of plans related to total organization. Glueck S.M. is a stream of decisions & actions S.M. is a stream of decisions & actions Hofer S.M. is the process, which deals with organizational renewal & growth. S.M. is the process, which deals with organizational renewal & growth. Ansoff S.M. is the systematic approach to position and relate firm to its environment. S.M. is the systematic approach to position and relate firm to its environment.
Multiple Choice Single Answer Question Strategic management is mainly the responsibility of Correct Answer Top Management Your Answer Top Management
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 T in SWOT, refers to Correct Answer unfavorable conditions in external environment. Your Answer unfavorable conditions in external environment.
True/False Question Timing of measurement before hand serves the purpose of evaluation. Correct Answer False Your Answer False
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 Multiple Answer Question The various areas covered by social responsibility are Correct Answer Outer Circle , Inner Circle , Intermediate circle Your Answer Inner Circle , Intermediate circle , Outer Circle
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 Program is a combination of Correct Answer goals , policies , procedures Your Answer goals , policies , procedures
True/False Question Macro environment has got immediate impact on business.
Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question The various models of social responsibility are Correct Answer Austere Model , Vendors Model , Civic Model Your Answer Austere Model , Vendors Model , Civic Model
Multiple Choice Single Answer Question These are moves that will pay off irrespective of what happens in the future Correct Answer No-regret moves Your Answer No-regret moves
Select The Blank Question A hardware manufacture enters into software is an example of ________ integration. Correct Answer horizontal Your Answer vertical ( forward)
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 Multiple Answer Question Strategic intent Correct Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for. Your Answer obsession with an organization , ambitions in proportion to their existing resources & capabilities , what the organization strives for.
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
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 Like roots of a tree, ________of organization is hidden from direct view. Correct Answer core competence Your Answer core competence
Multiple Choice Single Answer Question This portfolio involves major capital investments which will result in either large pay offs or large losses Correct Answer Big bets Your Answer Big bets
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
True/False Question Getting new users is a position defense strategy. Correct Answer False Your Answer False
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
True/False Question Acquisitions which are friendly are termed as "take-overs". Correct Answer False Your Answer False
True/False Question Under functional strategics we have vertical fit & horizontal fit. Correct Answer True Your Answer True
Select The Blank Question GATT stands for ________. Correct Answer general agreement on trade & tariff Your Answer general agreement on trade & tariff
True/False Question Budgets are plans expressed in numerical terms usually in financial terms Correct Answer True Your Answer True