Strategic Management-3

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


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
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