LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion It is the process of selecting people for company positions and developing skills and abilities for assignments in the companyCorrect Answer StaffingYour Answer Staffing

Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer legal system, implementation, infrastructure , import-export , govt. policies, stability, philosophy of govt.

True/FalseQuestion Change in company structure from divisional to matrix also mean changes in the systems in various degreesCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The control process requires the following types of informationCorrect Answer Planned performance , Variances , ReasonsYour Answer Planned performance , Variances , Reasons

True/FalseQuestion Budgets are plans expressed in numerical terms usually in financial termsCorrect Answer TrueYour Answer True

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Different kinds of information systems areCorrect Answer Operational level system , Knowledge level system , Management level systemYour Answer Operational level system , Knowledge level system , Management level system

True/FalseQuestion Divestiture is opposed to diversification.

Correct Answer FalseYour Answer False

Select The BlankQuestion ________ is a modern plant consisting of modules centered around a stage in the production processCorrect Answer Flotilla conceptYour Answer Flotilla concept

Multiple Choice Single AnswerQuestion Secondary sources of information areCorrect Answer newspapers, magazines, journals etc.Your Answer newspapers, magazines, journals etc.

True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False

Select The BlankQuestion Delay in ________ measurement defeats the purpose of evaluation.Correct Answer TimeYour Answer Time

Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect Answer between a buyer and a seller , to avail tax concessions , to increase growth ratesYour Answer between a buyer and a seller , to avail tax concessions , to increase growth rates

Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Distorted resource allocation , Inappropriate structure , Wrong motivational stylesYour Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 description of impact of each subfactor into a statement which is positive, neutral or negative. , dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer internal transformation

Multiple Choice Single AnswerQuestion It is used extensively in organisation and is concerned with action or performanceCorrect Answer Operational controlYour Answer Operational control

Select The BlankQuestion ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.Correct Answer Self-awarenessYour Answer Self-awareness

Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer Debt , EquityYour Answer Debt , Equity

Select The BlankQuestion ________ relationships are effective in communicating complex informationCorrect Answer PersonalYour Answer Personal

True/FalseQuestion The actual performance deviates positively over the budgeted performanve. This is an indication of superior performanceCorrect Answer TrueYour Answer True

Select The BlankQuestion Value chain analysis is an effective tool for ________.

Correct Answer internal analysisYour Answer internal analysis

True/FalseQuestion Environmental competitiveness tends to encourage ethical behaviour.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization

Match The FollowingQuestionCorrect AnswerYour AnswerComparative analysis ishistorical analysishistorical analysisBenchmarking iscompetitive analysiscompetitive analysisMichael Hammer & James ChapyReengineeringReengineeringGDP stands forgross domestic productgross domestic product

Multiple Choice Multiple AnswerQuestion Competenncy models reveal three types of capabilitiesCorrect Answer Technical skills , Cognitive skills , Emotional Intelligence QuotientYour Answer Technical skills , Cognitive skills , Emotional Intelligence Quotient

Multiple Choice Single AnswerQuestion 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 areCorrect Answer operational decisionsYour Answer operational decisions

True/FalseQuestion Adapter duplicate the leader and claim to be similar or even the same.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion The process of forecasting an organization's future demands for and supply of right type of people in right number isCorrect Answer Man-power planningYour Answer Man-power planning

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False

True/FalseQuestion Staffing function applies to all company levels irrespective of levels of hierarchyCorrect Answer TrueYour Answer True

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

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer radio, TV, internet etc.

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

Multiple Choice Multiple AnswerQuestion Various phases of Growth areCorrect Answer

Creativity , Delegation , Co-ordinationYour Answer Creativity , Delegation , Co-ordination

Multiple Choice Single AnswerQuestion Strategic management deals withCorrect Answer Business processYour Answer Business process

Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning

Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purposeYour Answer core values , core purpose

Select The BlankQuestion Displacing competitor is ________ category of goal.Correct Answer common enemyYour Answer common enemy

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital marketsYour Answer demand & supply of money, capital markets

Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization

Multiple Choice Multiple AnswerQuestion

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 occurYour Answer Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur

Match The FollowingQuestionCorrect AnswerYour AnswerFitSWOT analysisSWOT analysisVisionwhat a company wishes to become or aspires to be.what a company wishes to become or aspires to be.missionwhat the company is and why it exists.what the company is and why it exists.BHAGbig headed audacious goalsbig headed audacious goals

Multiple Choice Single AnswerQuestion CAP related to internal appraisal of firm stands forCorrect Answer competitive advantage profileYour Answer competitive advantage profile

POSTED BY MINDGRILL AT 5 :36 AM 0 COMMENTS L INKS TO THIS POST

LABELS: STRATEGIC MANAGEMENT

Strategic Management - 3

Multiple Choice Single AnswerQuestion It enables the strategists to take corrective action at the right timeCorrect Answer Premise control

True/FalseQuestion HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct Answer False

True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer True

Multiple Choice Multiple AnswerQuestion 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 AnswerQuestion Contractual entry modes areCorrect Answer licensing / franchising

Match The FollowingQuestionCorrect AnswerMarket follower areImitatorHorizontal integration meansAdditional product/service for same customersVertical forward integration meansBecoming your own customerPosition defense meansFortification around one's territory

Multiple Choice Multiple AnswerQuestion supplier & technological environment is concerned withCorrect Answer quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

Multiple Choice Single AnswerQuestion A Large-scale community development project was funded to enable farmers to use local resources effectively byCorrect Answer Asian Paints

Multiple Choice Multiple AnswerQuestion Three important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Multiple AnswerQuestion Measures to take corrective actionCorrect Answer Checking performance , Reformulate strategies , Standard check

Match The FollowingQuestionCorrect AnswerYour Answerstrategic alliances meanstwo or more entities join hands for mutual benefit.vertical forward integration meansbecoming your own customerhorizontal integration meansadditional product/service for same customersvertical backward integration meansbecoming your own supplier

Multiple Choice Single AnswerQuestion

It is based on a trigger mechanism for rapid response and immediate reassessment of strategy in the light of sudden and unexpected eventsCorrect Answer Emergency alert contriol

Multiple Choice Multiple AnswerQuestion The various models of social responsibility areCorrect Answer Austere Model , Vendors Model , Civic Model

Multiple Choice Multiple AnswerQuestion Techniques used in environmental appraisal areCorrect Answer single-variable extrapolation/multivariable interaction analysis , structured/ unstructured expert/inexpert opinion , Dynamic modes and mapping

Multiple Choice Multiple AnswerQuestion What is Statistical Quality Control(SQC)Correct Answer Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur , Identifies quality and productivity from a production process

True/FalseQuestion The super structure indicates ways in which company's tasks are integrated or coordinatedCorrect Answer True

Multiple Choice Multiple AnswerQuestion The Hallmarks for self-regulation areCorrect Answer Trust & fairness , Changed Management , Integrity & thoughtfulness

Multiple Choice Single AnswerQuestion Strategic management is mainly the responsibility ofCorrect Answer Top Management

Multiple Choice Multiple AnswerQuestion Limitations of Traditional cost accounting areCorrect Answer Assumes factory as an isolated entity , It measures only the cost of producing

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

Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect Answer between a buyer and a seller , to avail tax concessions , to increase growth rates

Multiple Choice Single Answer

Question The discipline which deals with what is good and bad and which moral obligation isCorrect Answer Ethics

True/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer False

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

True/FalseQuestion Under functional strategics we have vertical fit & horizontal fit.Correct Answer True

Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , procedures

Multiple Choice Single AnswerQuestion T in SWOT, refers toCorrect Answer unfavorable conditions in external environment.

True/FalseQuestion Numerator may bring short-term results, but there may be serious long-term sacrifices.Correct Answer False

True/FalseQuestion Changes in company structure also necessitates changes in the systems in various degreesCorrect Answer True

Multiple Choice Single AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.

Multiple Choice Multiple AnswerQuestion Different kinds of information systems areCorrect Answer Operational level system , Knowledge level system , Management level system

Multiple Choice Single AnswerQuestion Strategic management deals with

Correct Answer Business process

Select The BlankQuestion ________cost accounting measures the cost of producing and ignores the cost of non-producingCorrect Answer Traditional

True/FalseQuestion Getting new users is a position defense strategy.Correct Answer False

Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer Psychologists

Multiple Choice Single AnswerQuestion Associated external agencies meansCorrect Answer channel members, customers, suppliers etc.

Select The BlankQuestion Like roots of a tree, ________of organization is hidden from direct view.Correct Answer core competence

Select The BlankQuestion Titan going into setting their won retail outlets- this is ________ integration.Correct Answer vertical ( forward )

Multiple Choice Single AnswerQuestion Financial environment is concerned withCorrect Answer demand & supply of money, capital markets

Select The BlankQuestion A hardware manufacture enters into software is an example of ________ integration.Correct Answer horizontal

Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer Leaders

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

Multiple Choice Single AnswerQuestion Strategic management is concerned withCorrect Answer long- range planning

Multiple Choice Multiple AnswerQuestion Performance is affected byCorrect Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Select The BlankQuestion In a ________ a decentralized structure is achieved & harmonized at the plant & area levels.Correct Answer Delegation

Select The BlankQuestion ________ is the drive to achieve beyond one's expectationsCorrect Answer Motivation

Multiple Choice Multiple AnswerQuestion Money is invested by way ofCorrect Answer Debt , Equity

POSTED BY MINDGRILL AT 5 :35 AM 0 COMMENTS L INKS TO THIS POST

LABELS: STRATEGIC MANAGEMENT

Strategic Management - 2

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion A strategy used to learn more about customers need & behaviours in order to develop stronger relationship with them isCorrect Answer CRMYour Answer CRM

Multiple Choice Multiple AnswerQuestion Various phases of Growth areCorrect Answer Creativity , Delegation , Co-ordination Your Answer Creativity , Delegation , Co-ordination

Multiple Choice Multiple AnswerQuestion A Company's strategyCorrect 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 BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

Multiple Choice Single AnswerQuestion Mass media includesCorrect Answer radio, TV, internet etc.Your Answer radio, TV, internet etc.

Select The BlankQuestion ________ and greater accountability replace formal control.Correct Answer Self-disciplineYour Answer Self-discipline

Multiple Choice Multiple AnswerQuestion Critical resources in the emerging information age areCorrect Answer Information , Expertise , Intelligence Your Answer Information , Expertise , Intelligence

True/FalseQuestion HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.Correct Answer FalseYour Answer False

True/FalseQuestion Scheduling is a part of strategic management.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Program is a combination ofCorrect Answer goals , policies , procedures Your Answer goals , policies , procedures

Multiple Choice Multiple AnswerQuestion Strategic intentCorrect 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 AnswerQuestion Business is rated on which dimensionsCorrect Answer Market attractiveness , Business strength Your Answer Market attractiveness , Business strength

Multiple Choice Single AnswerQuestion It enables the strategists to take corrective action at the right timeCorrect Answer Premise controlYour Answer Premise control

Select The BlankQuestion ________ should have the ability to develop a visionto see patterns into the future.Correct Answer LeadersYour Answer Leaders

Multiple Choice Single AnswerQuestion W in SWOT stands forCorrect Answer inherent inadequacy of organizationYour Answer inherent inadequacy of organization

True/FalseQuestion Changes in company structure also necessitates changes in the systems in various degreesCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Principles to manage strategic alliances areCorrect 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 AnswerQuestion In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer favorable condition in the organization's environment.

Multiple Choice Multiple AnswerQuestion Merger takes placeCorrect 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 AnswerQuestion Horizontal integration is concerned withCorrect Answer product linesYour Answer product lines

Select The BlankQuestion ________ identifies the impact of any change on performanceCorrect Answer Statistical quality controlYour Answer Statistical quality control

Multiple Choice Single AnswerQuestion They enact the formal role of reviewing and screening executive decisions in the light of their environmental, business and organisational implicationsCorrect Answer Board of directorYour Answer Board of director

Multiple Choice Single AnswerQuestion 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 areCorrect Answer operational decisionsYour Answer operational decisions

True/FalseQuestion Excelling in one market guarantees success in a new.Correct Answer FalseYour Answer False

True/FalseQuestion Analysis of variances leads to a plan for corrective actionCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Knowledge of the relationships between choices, environment & outcomes isCorrect Answer familiarityYour Answer familiarity

Multiple Choice Single AnswerQuestion These are critical situations that occur unexpectedly and threaten the course of a firm's strategyCorrect Answer CrisisYour Answer Crisis

Match The FollowingQuestion 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/FalseQuestion Arranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer False

True/FalseQuestion Systems are formal and informal rules and regulations that complements the company structureCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion They have time based utilityCorrect Answer Goals , Resources Your Answer Goals , Resources

Select The BlankQuestion Companies employ trained ________ to develop "competency models" to identify potential leadersCorrect Answer PsychologistsYour Answer Psychologists

Multiple Choice Multiple AnswerQuestion The culture of a company is conveyed throughCorrect Answer Rites , Myths , Rituals Your Answer Rites , Myths , Rituals

Select The BlankQuestion ________ is the company's most critical and scarest resource.Correct Answer CapitalYour Answer Capital

True/FalseQuestion The super structure indicates ways in which company's tasks are integrated or coordinatedCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion 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

Select The BlankQuestion ________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Operational level systems

Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committeeYour Answer Audit committee

Match The FollowingQuestion 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 AnswerQuestion It is the most important feature in the implementation of strategic managementCorrect Answer leadershipYour Answer leadership

Select The BlankQuestion ________ is a deep understanding of ones emotions, strengths, weaknesses, needs, drives & their effects on self and others.Correct Answer Self-awarenessYour Answer Self-awareness

Select The BlankQuestion Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.Correct Answer internal transformationYour Answer internal transformation

Select The BlankQuestion Value chain analysis is an effective tool for ________.Correct Answer internal analysisYour Answer internal analysis

True/FalseQuestion The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Core ideologyCorrect Answer core values , core purpose Your Answer core values , core purpose

True/FalseQuestion Business ethics is how personal norms do not apply to activities & goals of a commercial firm.Correct Answer FalseYour Answer False

Select The BlankQuestion Economics of scale requires ________.Correct Answer high market shareYour Answer high market share

POSTED BY MINDGRILL AT 5 :35 AM 0 COMMENTS L INKS TO THIS POST

LABELS: STRATEGIC MANAGEMENT

Strategic Management - 1

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/FalseQuestion Macro environment has got immediate impact on business.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion These people are charged with the responsibility of continuous screening of performance?Correct Answer Audit committeeYour Answer Audit committee

Multiple Choice Multiple AnswerQuestion Factors to be considered in political- legal environmental scanning areCorrect Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-exportYour Answer govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 AnswerQuestion Factors to be considered while deciding candidates for divestiture areCorrect Answer taxes , availability of buyers , market reactionYour Answer taxes , availability of buyers , market reaction

True/FalseQuestion Style of a company are the patterns of actions taken by members of top management over a period of timeCorrect Answer TrueYour Answer True

Select The BlankGATT stands for ________.Correct Answer general agreement on trade & tariffYour Answer general agreement on trade & tariff

Multiple Choice Single Answer

In SWOT , S stands forCorrect Answer favorable condition in the organization's environment.Your Answer favorable condition in the organization's environment.

Multiple Choice Single AnswerAssociated external agencies meansCorrect Answer channel members, customers, suppliers etc.Your Answer channel members, customers, suppliers etc.

Multiple Choice Multiple AnswerThree important managerial qualities required for the effective strategic managementCorrect Answer Conceptual, human & intellectual skills , Decision making ability , VisionYour Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Single AnswerStrategic management is mainly the responsibility ofCorrect Answer Top ManagementYour Answer Top Management

Multiple Choice Multiple AnswerStrategic intentCorrect 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 BlankJapan's major productivity gains are the results of social changes brought about by ________Correct Answer Statistical quality controlYour Answer Statistical quality control

Multiple Choice Multiple AnswerOrganizational models areCorrect Answer multinational model , international model , global organizational modelYour Answer multinational model , international model , global organizational model

Multiple Choice Single AnswerStrategic management is concerned withCorrect Answer long- range planningYour Answer long- range planning

Multiple Choice Multiple AnswerQuestion The preparation of ETOP involvesCorrect 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 FollowingCorrect AnswerYour AnswerMaintain strategystable environmentstable environmentMarket follower areimitatorimitatorMarket challenger arebypass attackbypass attackTurnaround strategyV.R.S.V.R.S.

Multiple Choice Multiple AnswerFactors encouraging joint ventures areCorrect Answer uneconomical separate existence , risk of business gets shared , sharing competence of each otherYour Answer uneconomical separate existence , sharing competence of each other , monopoly of one company

Multiple Choice Single AnswerStrategic management deals withCorrect Answer Business processYour Answer Business process

Multiple Choice Multiple AnswerHow does 'structure' reduce internal uncertainity arising out of human behaviourCorrect Answer Control mechanism , DepartmentalisationYour Answer Control mechanism , Departmentalisation , Specialisation

True/FalseArranging training program on productivity is a strategic decision.Correct Answer FalseYour Answer True

Select The Blank________ support managers by keeping track of the elementary activities & transactions of the organization such as sales, receipts, raw materials etc.Correct Answer Operational level systemsYour Answer Operational level systems

Multiple Choice Single AnswerCorporate strategy ensuresCorrect Answer fit between the firm and its environmentYour Answer Easy availability of resources