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Multiple Choice Single Answer Question

This document contains a list of multiple choice, fill in the blank, true/false and matching questions from a strategic management assignment. For each question, the correct answer and the student's answer is provided. The questions cover topics like economics of scale, leadership, time management, joint ventures, goals, motivation, decision making, strategic management responsibilities and limitations of traditional cost accounting. Overall, the document appears to summarize the student's responses to an assessment on strategic management concepts.

Uploaded by

Mohammed Ibrahim
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© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
89 views

Multiple Choice Single Answer Question

This document contains a list of multiple choice, fill in the blank, true/false and matching questions from a strategic management assignment. For each question, the correct answer and the student's answer is provided. The questions cover topics like economics of scale, leadership, time management, joint ventures, goals, motivation, decision making, strategic management responsibilities and limitations of traditional cost accounting. Overall, the document appears to summarize the student's responses to an assessment on strategic management concepts.

Uploaded by

Mohammed Ibrahim
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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SM assgn

Multiple Choice Single Answer


Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Select The Blank


Question ________ should have the ability to develop a visionto see patterns into the future.

Correct Answer Leaders

Your Answer Leaders

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time

Your Answer Time

Multiple Choice Multiple Answer


Question Factors encouraging joint ventures are

Correct Answer uneconomical separate existence , risk of business gets shared , sharing competence of each
other
Your Answer uneconomical separate existence , risk of business gets shared , sharing competence of each
other

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________ category of goal.

Correct Answer internal transformation

Your Answer specialization

True/False
Question Systems are formal and informal rules and regulations that complements the company structure

Correct Answer True

Your Answer True

Select The Blank


Question ________ is the drive to achieve beyond one's expectations
Correct Answer Motivation

Your Answer Motivation

Multiple Choice Single Answer


Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer


Question Knowledge of the relationships between choices, environment & outcomes is

Correct Answer familiarity

Your Answer familiarity

Select The Blank


Question Economics of scale requires ________.

Correct Answer high market share

Your Answer high market share

Multiple Choice Single Answer


Question Strategic management deals with

Correct Answer Business process

Your Answer Business process

Match The Following


Question Correct Answer Your Answer

Comparative analysis is historical analysis historical analysis

Benchmarking is competitive analysis value chain analysis


Michael Hammer & James Reengineering Reengineering
Chapy
GDP stands for gross domestic product gross domestic product

Multiple Choice Multiple Answer


Question Techniques used in environmental appraisal are

Correct Answer single-variable extrapolation/multivariable interaction analysis , structured/


unstructured expert/inexpert opinion , Dynamic modes and mapping
Your Answer single-variable extrapolation/multivariable interaction analysis , structured/
unstructured expert/inexpert opinion , simulation , Dynamic modes and mapping

True/False
Question Getting new users is a position defense strategy.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer


Question How does 'structure' reduce external uncertainity arising out of human behaviour

Correct Answer Research and planning , Forecasting

Your Answer Research and planning , Forecasting , Division of labour , Departmentalisation

Select The Blank


Question Bajaj started manufacturing of sunny is an example of ________.

Correct Answer concentration strategy

Your Answer integration strategy

Multiple Choice Multiple Answer


Question Macro environment

Correct Answer Political- legal , socio-cultural , economic-demographic

Your Answer Political- legal , socio-cultural , economic-demographic , technology

Select The Blank


Question A cycling accessory firm strive to become 'the nike of the cycling industry' is
________category of goal.
Correct Answer role model

Your Answer role model

Multiple Choice Multiple Answer


Question They have time based utility

Correct Answer Goals , Resources


Your Answer Goals , Employess , Resources

Multiple Choice Multiple Answer


Question Factors determining HRP (Human Resource Planning )

Correct Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of
information
Your Answer Type & Strategy of organisation , Environmental uncertainties , Type & quality of
information

Multiple Choice Multiple Answer


Question market research is conducted by

Correct Answer by employees , by research agencies , by consultants

Your Answer by employees , by research agencies , by consultants

True/False
Question The actual performance deviates positively over the budgeted performanve. This is
an indication of superior performance
Correct Answer True

Your Answer True

Multiple Choice Single Answer


Question A major part of strategy implementation is

Correct Answer resource allocation

Your Answer resource allocation

Multiple Choice Single Answer


Question These people are charged with the responsibility of continuous screening of
performance?
Correct Answer Audit committee

Your Answer Audit committee

Multiple Choice Single Answer


Question T in SWOT, refers to

Correct Answer unfavorable conditions in external environment.

Your Answer unfavorable conditions in external environment.

Multiple Choice Single Answer


Question It is the process of analyzing, dividing and arranging work or activities into
manageable portion for individuals, sections & departments
Correct Answer departmentation

Your Answer departmentation


Multiple Choice Single Answer
Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management

Select The Blank


Question ________ and greater accountability replace formal control.

Correct Answer Self-discipline

Your Answer Self-Appraisal

True/False
Question Staffing function applies to all company levels irrespective of levels of hierarchy

Correct Answer True

Your Answer True

Multiple Choice Multiple Answer


Question Performance is affected by

Correct Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

Your Answer Distorted resource allocation , Inappropriate structure , Wrong motivational styles

True/False
Question Three C's affecting today's companies are customer, competition & change

Correct Answer True

Your Answer True

Multiple Choice Single Answer


Question Strategic management is concerned with

Correct Answer long- range planning

Your Answer long- range planning

Multiple Choice Single Answer


Question It provides a way to bring in the people dimension in macro company analysis without
using psychological models of human behaviour
Correct Answer Culture

Your Answer Culture

Select The Blank


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

Your Answer Leaders

Select The Blank


Question Delay in ________ measurement defeats the purpose of evaluation.

Correct Answer Time

Your Answer Time

Multiple Choice Multiple Answer


Question Factors encouraging joint ventures are

Correct Answer uneconomical separate existence , risk of business gets shared , sharing competence
of each other
Your Answer uneconomical separate existence , risk of business gets shared , sharing competence
of each other

Select The Blank


Question Tata motors goal of reaching middle class two wheeler owners is a ________
category of goal.
Correct Answer internal transformation

Your Answer specialization

True/False
Question Systems are formal and informal rules and regulations that complements the
company structure
Correct Answer True

Your Answer True

Select The Blank


Question ________ is the drive to achieve beyond one's expectations

Correct Answer Motivation

Your Answer Motivation

Multiple Choice Single Answer


Question The decisions which are applied to structured or routine problems are

Correct Answer programmed decisions

Your Answer programmed decisions

Multiple Choice Single Answer


Question Strategic management is mainly the responsibility of

Correct Answer Top Management

Your Answer Top Management


Multiple Choice Multiple Answer
Question Limitations of Traditional cost accounting are

Correct Answer Assumes factory as an isolated entity , It measures only the cost of producing

Your Answer Assumes factory as an isolated entity , It measures only the cost of producing , It
uses time as a unit of measure

Match The Following


Question Correct Answer Your Answer

Marketing a product Mass segmentation Mass segmentation

Environmental Analysis Social, Political, legal & Social, Political, legal &
technology technology
Swot Analysis Matching, converting, minimizing Life cycle considerations
& avoiding strategies
Marketing strategy Life cycle considerations Matching, converting, minimizing
& avoiding strategies

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

Your Answer False

Select The Blank


Question ETOP stands for ________.

Correct Answer environmental threat & opportunity profile

Your Answer environmental threat & opportunity profile

Multiple Choice Multiple Answer


Question The preparation of ETOP involves

Correct Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub
factor on organization , description of impact of each subfactor into a statement which
is positive, neutral or negative.
Your Answer dividing environment into sectors , sub factors , analyze impact of each sector & sub
factor on organization , description of impact of each subfactor into a statement which
is positive, neutral or negative.

Multiple Choice Multiple Answer


Question Three important managerial qualities required for the effective strategic management

Correct Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Your Answer Conceptual, human & intellectual skills , Decision making ability , Vision

Multiple Choice Single Answer


Question It is used extensively in organisation and is concerned with action or performance

Correct Answer Operational control

Your Answer Operational control

True/False
Question Acquisitions which are friendly are termed as "take-overs".

Correct Answer False

Your Answer False

True/False
Question Macro environment has got immediate impact on business.

Correct Answer False

Your Answer True

Select The Blank


Question Companies employ trained ________ to develop "competency models" to identify
potential leaders
Correct Answer Psychologists

Your Answer Psychologists

True/False
Question Style of a company are the patterns of actions taken by members of top management
over a period of time
Correct Answer True

Your Answer True

Multiple Choice Single Answer


Question The cornerstone of financial planning process of all organizations because of the
cost, control and risk considerations which influence overall value of the firm is
Correct Answer Capital structure planning

Your Answer Capital structure planning

Multiple Choice Single Answer


Question It concentrates on organisation design and work flow

Correct Answer Flotilla

Your Answer Systems approach

Select The Blank


Question The benefits of a change in process are defined in terms of ________ cost savings

Correct Answer Labour


Your Answer Infrastructure

A hardware manufacture enters into software is an example of integration.

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