Mgt603 Online Quiz No. 3
Tuesday, January 25, 2011 Posted In MGT Edit This
Question # 1 of 15 (Start time: 08:34:41 PM) Total Marks: 1
Firms in quadrant-IV of grand strategy matrix have which of the following characteristics?
Select correct option:
Rapid market growth and strong competitive position
Rapid market growth and weak competitive position
Slow market growth and strong competitive position
Slow market growth and weak competitive position
Question # 2 of 15 ( Start time: 08:35:29 PM ) Total Marks: 1
Assigning rating 3 to an internal factor in IFE matrix indicates what?
Select correct option:
Major weakness
Minor weakness
Minor strength
Major strength
Question # 3 of 15 ( Start time: 08:36:28 PM ) Total Marks: 1
Which one of the following dimensions is NOT a recommended component of a mission statement?
Select correct option:
Self-concept
Markets
Strategies
Customers
Question # 4 of 15 ( Start time: 08:37:04 PM ) Total Marks: 1
All of the following are used as a base for market segmentation EXCEPT:
Select correct option:
Socioeconomic
Geographic
Demographic
Psychographic
Question # 5 of 15 ( Start time: 08:37:43 PM ) Total Marks: 1
Majority of the businesses follow which of the following organizational structure?
Select correct option:
Strategic business unit
Functional structure
Divisional structure
Matrix structure
Question # 6 of 15 ( Start time: 08:38:28 PM ) Total Marks: 1
In the SPACE analysis, what does (+6, +3) strategy profile portray?
Select correct option:
A strong industry with strong financial strength
A stable environment with strong financial strength
A stable environment for highly competitive firm
A strong industry operating in stable environment
Question # 7 of 15 ( Start time: 08:39:59 PM ) Total Marks: 1
Which of the following statement is referred to 'Price fluctuation'?
Select correct option:
Decrease in prices
Increase in prices
Fluctuation in the prices of a particular commodity
Fluctuation in general price level
Question # 8 of 15 ( Start time: 08:40:23 PM ) Total Marks: 1
Long-term objectives are needed at which level(s) of the organization?
Select correct option:
Corporate level
Divisional level
Functional level
All of the given options
Question # 9 of 15 ( Start time: 08:40:59 PM ) Total Marks: 1
For the past four years the ABC Corporation has been planning to expand its operations in order to reach out to the world market. Essentially, the ABC Corporation desires to do what?
Select correct option:
Become an online business
Become a brick-n-mortar business
Embrace globalization
Become a click-n-mortar business
Question # 10 of 15 ( Start time: 08:41:43 PM ) Total Marks: 1
Establishing and implementing ways of making things work is known as:
Select correct option:
Planning
Organizing
Leading
Controlling
Question # 11 of 15 ( Start time: 08:42:35 PM ) Total Marks: 1
All of the following are functional support roles of Management Information System EXCEPT:
Select correct option:
Recording and storing accounting records
Recording and storing inventory data
Recording and storing business intelligence data
The enhanced ability to explore "what if"
Question # 12 of 15 ( Start time: 08:43:05 PM ) Total Marks: 1
Strategy formulation stage includes all of the following EXCEPT:
Select correct option:
Vision and mission
Strength and weakness
Opportunities and threats
Annual objectives
Question # 13 of 15 ( Start time: 08:43:52 PM ) Total Marks: 1
During which stage of strategic management, firm's specific internal strengths and weaknesses are determined?
Select correct option:
Formulation
Implementation
Evaluation
Feedback
Question # 14 of 15 ( Start time: 08:44:21 PM ) Total Marks: 1
The SPACE matrix of XYZ company shows that the coordinates of its directional vector are (-5, -5). What strategy would you recommend for the ABC Company?
Select correct option:
Concentric diversification
Market development
Backward integration
Joint venture
Question # 15 of 15 ( Start time: 08:45:14 PM ) Total Marks: 1
Which one of the following is NOT a basic mission of a competitive intelligence program?
Select correct option:
To provide a general understanding of an industry
To provide a general understanding of a company's competitors
To identify industry executives who could be hired by the firm
To identify potential moves a competitor might make that would endanger a firm
Firms in quadrant-IV of grand strategy matrix have which of the following characteristics?
Select correct option:
Rapid market growth and strong competitive position
Rapid market growth and weak competitive position
Slow market growth and strong competitive position
Slow market growth and weak competitive position
Question # 2 of 15 ( Start time: 08:35:29 PM ) Total Marks: 1
Assigning rating 3 to an internal factor in IFE matrix indicates what?
Select correct option:
Major weakness
Minor weakness
Minor strength
Major strength
Question # 3 of 15 ( Start time: 08:36:28 PM ) Total Marks: 1
Which one of the following dimensions is NOT a recommended component of a mission statement?
Select correct option:
Self-concept
Markets
Strategies
Customers
Question # 4 of 15 ( Start time: 08:37:04 PM ) Total Marks: 1
All of the following are used as a base for market segmentation EXCEPT:
Select correct option:
Socioeconomic
Geographic
Demographic
Psychographic
Question # 5 of 15 ( Start time: 08:37:43 PM ) Total Marks: 1
Majority of the businesses follow which of the following organizational structure?
Select correct option:
Strategic business unit
Functional structure
Divisional structure
Matrix structure
Question # 6 of 15 ( Start time: 08:38:28 PM ) Total Marks: 1
In the SPACE analysis, what does (+6, +3) strategy profile portray?
Select correct option:
A strong industry with strong financial strength
A stable environment with strong financial strength
A stable environment for highly competitive firm
A strong industry operating in stable environment
Question # 7 of 15 ( Start time: 08:39:59 PM ) Total Marks: 1
Which of the following statement is referred to 'Price fluctuation'?
Select correct option:
Decrease in prices
Increase in prices
Fluctuation in the prices of a particular commodity
Fluctuation in general price level
Question # 8 of 15 ( Start time: 08:40:23 PM ) Total Marks: 1
Long-term objectives are needed at which level(s) of the organization?
Select correct option:
Corporate level
Divisional level
Functional level
All of the given options
Question # 9 of 15 ( Start time: 08:40:59 PM ) Total Marks: 1
For the past four years the ABC Corporation has been planning to expand its operations in order to reach out to the world market. Essentially, the ABC Corporation desires to do what?
Select correct option:
Become an online business
Become a brick-n-mortar business
Embrace globalization
Become a click-n-mortar business
Question # 10 of 15 ( Start time: 08:41:43 PM ) Total Marks: 1
Establishing and implementing ways of making things work is known as:
Select correct option:
Planning
Organizing
Leading
Controlling
Question # 11 of 15 ( Start time: 08:42:35 PM ) Total Marks: 1
All of the following are functional support roles of Management Information System EXCEPT:
Select correct option:
Recording and storing accounting records
Recording and storing inventory data
Recording and storing business intelligence data
The enhanced ability to explore "what if"
Question # 12 of 15 ( Start time: 08:43:05 PM ) Total Marks: 1
Strategy formulation stage includes all of the following EXCEPT:
Select correct option:
Vision and mission
Strength and weakness
Opportunities and threats
Annual objectives
Question # 13 of 15 ( Start time: 08:43:52 PM ) Total Marks: 1
During which stage of strategic management, firm's specific internal strengths and weaknesses are determined?
Select correct option:
Formulation
Implementation
Evaluation
Feedback
Question # 14 of 15 ( Start time: 08:44:21 PM ) Total Marks: 1
The SPACE matrix of XYZ company shows that the coordinates of its directional vector are (-5, -5). What strategy would you recommend for the ABC Company?
Select correct option:
Concentric diversification
Market development
Backward integration
Joint venture
Question # 15 of 15 ( Start time: 08:45:14 PM ) Total Marks: 1
Which one of the following is NOT a basic mission of a competitive intelligence program?
Select correct option:
To provide a general understanding of an industry
To provide a general understanding of a company's competitors
To identify industry executives who could be hired by the firm
To identify potential moves a competitor might make that would endanger a firm
........
Question # 1 of 15 ( Start time: 08:49:07 PM ) Total Marks: 1
According to Porter, which strategy offers products or services to a small range of customers at the lowest price available on the market?
Select correct option:
Low cost
Best value
Cost focus
Differentiation
Question # 2 of 15 ( Start time: 08:49:48 PM ) Total Marks: 1
All of the following are the indicators of industry strength for an organization EXCEPT:
Select correct option:
Financial stability
Ease of entry into the market
Geographic and product freedom
Control over suppliers
Question # 3 of 15 ( Start time: 08:50:40 PM ) Total Marks: 1
The strategy embraced by Ahmad Bros. is to address the needs of a very selected and specialized market segment. That is most likely to engage in which one of the following types of strategy?
Select correct option:
Differentiation strategy
Generic strategy
Focus strategy
Low cost strategy
Question # 4 of 15 ( Start time: 08:51:22 PM ) Total Marks: 1
Ethnic balance is affected due to which of the following?
Select correct option:
Change in ethnic values
Awareness of ethnic norms
Migration of the people towards different areas
Introduction of new laws relating to ethnicity
Question # 5 of 15 ( Start time: 08:51:56 PM ) Total Marks: 1
All of the following are examples of marketing decisions that require policies EXCEPT:
Select correct option:
To be a market leader or follower
Whether to advertise online or not
Either to offer a complete or limited warranty
To use billboards for outdoor advertising
Question # 6 of 15 ( Start time: 08:52:35 PM ) Total Marks: 1
A system of several rites connected with a single occasion or event is known as:
Select correct option:
Myth
Ceremonial
Saga
Legend
Question # 7 of 15 ( Start time: 08:53:04 PM ) Total Marks: 1
Test marketing is commonly applied by which of the following companies?
Select correct option:
Industrial goods companies
Consumer goods companies
Public sector companies
Private sector companies
Question # 8 of 15 ( Start time: 08:53:44 PM ) Total Marks: 1
Business units that have low market share and are operating in slow-growing industry should choose all of the following EXCEPT:
Select correct option:
Distribution efficiency
Production efficiency
New investments
Product innovation
Question # 9 of 15 ( Start time: 08:54:12 PM ) Total Marks: 1
The purpose of an external audit is to prepare a list of which of the following?
Select correct option:
Opportunities and weaknesses
Threats and strengths
Opportunities and threats
Strengths and weaknesses
Question # 10 of 15 ( Start time: 08:54:50 PM ) Total Marks: 1
What strategies are appropriate for the divisions that fall in grow and build region of IE matrix?
Select correct option:
Defensive and integrative strategies
Intensive and integrative strategies
Diversification and intensive strategies
Defensive and diversification strategies
Question # 11 of 15 ( Start time: 08:55:44 PM ) Total Marks: 1
Adding new, unrelated products or services is called:
Select correct option:
Forward integration
Backward integration
Conglomerate diversification
Concentric diversification
Question # 12 of 15 ( Start time: 08:56:24 PM ) Total Marks: 1
Which one of the following is the organizational structure that most of the medium-size organizations follow?
Select correct option:
Divisional structure
Strategic business unit
Functional structure
Matrix structure
Question # 13 of 15 ( Start time: 08:57:07 PM ) Total Marks: 1
Which of the following is the first step in the controlling function of management?
Select correct option:
Take corrective actions
Restrict breaks employees take
Evaluate expense reports
Establish performance standards
Question # 14 of 15 ( Start time: 08:57:55 PM ) Total Marks: 1
Which of the following factors can predict the stability or non-stability of the environment, the firm is operating in?
Select correct option:
Rate of inflation
Ease of exit from market
Customer loyalty
Financial stability
Question # 15 of 15 ( Start time: 08:58:33 PM ) Total Marks: 1
Which of the followings best describes the Horizontal integration?
Select correct option:
A firm takes over a supplier
A firm takes over a distributor
A firm takes over a competitor
A firm takes over a manufacturer
According to Porter, which strategy offers products or services to a small range of customers at the lowest price available on the market?
Select correct option:
Low cost
Best value
Cost focus
Differentiation
Question # 2 of 15 ( Start time: 08:49:48 PM ) Total Marks: 1
All of the following are the indicators of industry strength for an organization EXCEPT:
Select correct option:
Financial stability
Ease of entry into the market
Geographic and product freedom
Control over suppliers
Question # 3 of 15 ( Start time: 08:50:40 PM ) Total Marks: 1
The strategy embraced by Ahmad Bros. is to address the needs of a very selected and specialized market segment. That is most likely to engage in which one of the following types of strategy?
Select correct option:
Differentiation strategy
Generic strategy
Focus strategy
Low cost strategy
Question # 4 of 15 ( Start time: 08:51:22 PM ) Total Marks: 1
Ethnic balance is affected due to which of the following?
Select correct option:
Change in ethnic values
Awareness of ethnic norms
Migration of the people towards different areas
Introduction of new laws relating to ethnicity
Question # 5 of 15 ( Start time: 08:51:56 PM ) Total Marks: 1
All of the following are examples of marketing decisions that require policies EXCEPT:
Select correct option:
To be a market leader or follower
Whether to advertise online or not
Either to offer a complete or limited warranty
To use billboards for outdoor advertising
Question # 6 of 15 ( Start time: 08:52:35 PM ) Total Marks: 1
A system of several rites connected with a single occasion or event is known as:
Select correct option:
Myth
Ceremonial
Saga
Legend
Question # 7 of 15 ( Start time: 08:53:04 PM ) Total Marks: 1
Test marketing is commonly applied by which of the following companies?
Select correct option:
Industrial goods companies
Consumer goods companies
Public sector companies
Private sector companies
Question # 8 of 15 ( Start time: 08:53:44 PM ) Total Marks: 1
Business units that have low market share and are operating in slow-growing industry should choose all of the following EXCEPT:
Select correct option:
Distribution efficiency
Production efficiency
New investments
Product innovation
Question # 9 of 15 ( Start time: 08:54:12 PM ) Total Marks: 1
The purpose of an external audit is to prepare a list of which of the following?
Select correct option:
Opportunities and weaknesses
Threats and strengths
Opportunities and threats
Strengths and weaknesses
Question # 10 of 15 ( Start time: 08:54:50 PM ) Total Marks: 1
What strategies are appropriate for the divisions that fall in grow and build region of IE matrix?
Select correct option:
Defensive and integrative strategies
Intensive and integrative strategies
Diversification and intensive strategies
Defensive and diversification strategies
Question # 11 of 15 ( Start time: 08:55:44 PM ) Total Marks: 1
Adding new, unrelated products or services is called:
Select correct option:
Forward integration
Backward integration
Conglomerate diversification
Concentric diversification
Question # 12 of 15 ( Start time: 08:56:24 PM ) Total Marks: 1
Which one of the following is the organizational structure that most of the medium-size organizations follow?
Select correct option:
Divisional structure
Strategic business unit
Functional structure
Matrix structure
Question # 13 of 15 ( Start time: 08:57:07 PM ) Total Marks: 1
Which of the following is the first step in the controlling function of management?
Select correct option:
Take corrective actions
Restrict breaks employees take
Evaluate expense reports
Establish performance standards
Question # 14 of 15 ( Start time: 08:57:55 PM ) Total Marks: 1
Which of the following factors can predict the stability or non-stability of the environment, the firm is operating in?
Select correct option:
Rate of inflation
Ease of exit from market
Customer loyalty
Financial stability
Question # 15 of 15 ( Start time: 08:58:33 PM ) Total Marks: 1
Which of the followings best describes the Horizontal integration?
Select correct option:
A firm takes over a supplier
A firm takes over a distributor
A firm takes over a competitor
A firm takes over a manufacturer
..........
Question # 1 of 15 ( Start time: 09:02:21 PM ) Total Marks: 1
Which of these is an attractive strategy for a cash cow division?
Select correct option:
Concentric diversification
Horizontal integration
Conglomerate diversification
Backward integration
Question # 2 of 15 ( Start time: 09:03:20 PM ) Total Marks: 1
All of the following are the types of cooperative arrangements EXCEPT:
Select correct option:
R&D partnerships
Joint-bidding consortia
Cross-licensing agreements
Diversification
Question # 3 of 15 ( Start time: 09:04:34 PM ) Total Marks: 1
Which of the following is the first step in developing QSPM?
Select correct option:
Developing a list of the firm's key external and internal factors.
Determining the Attractiveness Scores for each strategy.
Examine the Stage 2 matrices and identify alternative strategies.
Assigning weights to each key external and internal factor.
Question # 4 of 15 ( Start time: 09:05:15 PM ) Total Marks: 1
The reason to develop QSPM is to evaluate the alternative strategies derived from all of these EXCEPT:
Select correct option:
Grand Strategy Matrix
BCG Matrix
Space Matrix
CPM Matrix
Question # 5 of 15 ( Start time: 09:06:14 PM ) Total Marks: 1
All of the following situations are conducive to market development EXCEPT:
Select correct option:
When new untapped or unsaturated markets exist
When new channels of distribution are expensive
When an organization has excess production capacity
When an organization's basic industry is becoming rapidly global
Question # 6 of 15 ( Start time: 09:06:58 PM ) Total Marks: 1
All of the following are the examples of promotion decision EXCEPT:
Select correct option:
Personal selling
Volume discounts
Public relations
Advertising
Question # 7 of 15 ( Start time: 09:08:03 PM ) Total Marks: 1
Which strategy seeks to increase market share of present products or services in present markets through greater marketing efforts?
Select correct option:
Market penetration
Market development
Backward integration
Product development
Question # 8 of 15 ( Start time: 09:08:33 PM ) Total Marks: 1
All of the following would be considered as weaknesses to a business EXCEPT:
Select correct option:
Maturing markets
Limited industry expertise
Brand name
Limited financial resources
Question # 9 of 15 ( Start time: 09:09:28 PM ) Total Marks: 1
According to Porter, which strategy offers products or services to a small range of customers at the lowest price available on the market?
Select correct option:
Low cost
Best value
Cost focus
Differentiation
Question # 10 of 15 ( Start time: 09:10:39 PM ) Total Marks: 1
When a merger or acquisition is not desired by both the parties of merger, then it is known as:
Select correct option:
Divestiture
Takeover
Outsourcing
Integration
Question # 11 of 15 ( Start time: 09:11:23 PM ) Total Marks: 1
What are the four dimensions of a SPACE matrix?
Select correct option:
Environmental stability; Industrial strength; Competitive advantage; Market growth rate
Environmental stability; Industrial strength; Competitive advantage; Financial strength
Industrial strength; Competitive advantage; financial strength; Market share
Environmental stability; Industrial strength; Market growth rate; Market share
Question # 12 of 15 ( Start time: 09:11:56 PM ) Total Marks: 1
Selling all of a company's assets in parts for their tangible worth is known as:
Select correct option:
Joint venture
Divestiture
Liquidation
Integration
Question # 13 of 15 ( Start time: 09:12:35 PM ) Total Marks: 1
Market segmentation is especially used in implementing strategies by which of the following firms?
Select correct option:
Small firms
Medium-size firms
Large firms
All of these firms
Question # 14 of 15 ( Start time: 09:13:04 PM ) Total Marks: 1
When two organizations of about equal size unite to form one enterprise, which of the following takes place?
Select correct option:
Hostile takeover
Merger
Liquidation
Divestiture
Question # 15 of 15 ( Start time: 09:13:50 PM ) Total Marks: 1
Which of the following strategy generally entails large research and development expenditures?
Select correct option:
Market penetration
Retrenchment
Forward integration
Product development
Which of these is an attractive strategy for a cash cow division?
Select correct option:
Concentric diversification
Horizontal integration
Conglomerate diversification
Backward integration
Question # 2 of 15 ( Start time: 09:03:20 PM ) Total Marks: 1
All of the following are the types of cooperative arrangements EXCEPT:
Select correct option:
R&D partnerships
Joint-bidding consortia
Cross-licensing agreements
Diversification
Question # 3 of 15 ( Start time: 09:04:34 PM ) Total Marks: 1
Which of the following is the first step in developing QSPM?
Select correct option:
Developing a list of the firm's key external and internal factors.
Determining the Attractiveness Scores for each strategy.
Examine the Stage 2 matrices and identify alternative strategies.
Assigning weights to each key external and internal factor.
Question # 4 of 15 ( Start time: 09:05:15 PM ) Total Marks: 1
The reason to develop QSPM is to evaluate the alternative strategies derived from all of these EXCEPT:
Select correct option:
Grand Strategy Matrix
BCG Matrix
Space Matrix
CPM Matrix
Question # 5 of 15 ( Start time: 09:06:14 PM ) Total Marks: 1
All of the following situations are conducive to market development EXCEPT:
Select correct option:
When new untapped or unsaturated markets exist
When new channels of distribution are expensive
When an organization has excess production capacity
When an organization's basic industry is becoming rapidly global
Question # 6 of 15 ( Start time: 09:06:58 PM ) Total Marks: 1
All of the following are the examples of promotion decision EXCEPT:
Select correct option:
Personal selling
Volume discounts
Public relations
Advertising
Question # 7 of 15 ( Start time: 09:08:03 PM ) Total Marks: 1
Which strategy seeks to increase market share of present products or services in present markets through greater marketing efforts?
Select correct option:
Market penetration
Market development
Backward integration
Product development
Question # 8 of 15 ( Start time: 09:08:33 PM ) Total Marks: 1
All of the following would be considered as weaknesses to a business EXCEPT:
Select correct option:
Maturing markets
Limited industry expertise
Brand name
Limited financial resources
Question # 9 of 15 ( Start time: 09:09:28 PM ) Total Marks: 1
According to Porter, which strategy offers products or services to a small range of customers at the lowest price available on the market?
Select correct option:
Low cost
Best value
Cost focus
Differentiation
Question # 10 of 15 ( Start time: 09:10:39 PM ) Total Marks: 1
When a merger or acquisition is not desired by both the parties of merger, then it is known as:
Select correct option:
Divestiture
Takeover
Outsourcing
Integration
Question # 11 of 15 ( Start time: 09:11:23 PM ) Total Marks: 1
What are the four dimensions of a SPACE matrix?
Select correct option:
Environmental stability; Industrial strength; Competitive advantage; Market growth rate
Environmental stability; Industrial strength; Competitive advantage; Financial strength
Industrial strength; Competitive advantage; financial strength; Market share
Environmental stability; Industrial strength; Market growth rate; Market share
Question # 12 of 15 ( Start time: 09:11:56 PM ) Total Marks: 1
Selling all of a company's assets in parts for their tangible worth is known as:
Select correct option:
Joint venture
Divestiture
Liquidation
Integration
Question # 13 of 15 ( Start time: 09:12:35 PM ) Total Marks: 1
Market segmentation is especially used in implementing strategies by which of the following firms?
Select correct option:
Small firms
Medium-size firms
Large firms
All of these firms
Question # 14 of 15 ( Start time: 09:13:04 PM ) Total Marks: 1
When two organizations of about equal size unite to form one enterprise, which of the following takes place?
Select correct option:
Hostile takeover
Merger
Liquidation
Divestiture
Question # 15 of 15 ( Start time: 09:13:50 PM ) Total Marks: 1
Which of the following strategy generally entails large research and development expenditures?
Select correct option:
Market penetration
Retrenchment
Forward integration
Product development
.............
Question # 1 of 15 ( Start time: 09:23:55 PM ) Total Marks: 1
Which one of the following is NOT a SMART criterion?
Select correct option:
Measurable
Strategy
Achievable
Relevant
Question # 2 of 15 ( Start time: 09:25:01 PM ) Total Marks: 1
External forces directly affects all of the following EXCEPT:
Select correct option:
Market segmentation strategies
Types of products/services offered
Management structure of organization
Choice of businesses to acquire or sell
Question # 3 of 15 ( Start time: 09:26:06 PM ) Total Marks: 1
Identify the stages of strategic management process in a precise sequence.
Select correct option:
Strategy evaluation, strategy formulation & strategy implementation
Strategy evaluation, strategy implementation & strategy formulation
Strategy formulation, strategy implementation & strategy evaluation
Strategy implementation, strategy evaluation & strategy formulation
Question # 5 of 15 ( Start time: 09:27:47 PM ) Total Marks: 1
All of the following are the key opportunities or threats in external environment because of Political, Govt. & lLegal force EXCEPT:
Select correct option:
Tax rates
Trust in government
Pak-India relationships
Patent laws
Question # 6 of 15 ( Start time: 09:28:47 PM ) Total Marks: 1
Which of the following is NOT a SPACE Matrix quadrant?
Select correct option:
Aggressive
Defensive
Competitive
Offensive
Question # 7 of 15 ( Start time: 09:29:19 PM ) Total Marks: 1
The IE Matrix consists of how many cells?
Select correct option:
Seven
Eight
Nine
Ten
Question # 8 of 15 ( Start time: 09:29:53 PM ) Total Marks: 1
Majority of the businesses follow which of the following organizational structure?
Select correct option:
Strategic business unit
Functional structure
Divisional structure
Matrix structure
Question # 9 of 15 ( Start time: 09:30:57 PM ) Total Marks: 1
The process of monitoring performance, comparing it with goals, and correcting any significant deviations is known as:
Select correct option:
Planning
Organizing
Leading
Controlling
Question # 10 of 15 ( Start time: 09:31:46 PM ) Total Marks: 1
Marketing decisions generally fall into four controllable categories. Which one of the following is NOT one of marketing decisions category?
Select correct option:
Product
Process
Distribution
Promotion
Question # 11 of 15 ( Start time: 09:32:22 PM ) Total Marks: 1
Input stage of strategy formulation framework includes developing which of the following set of strategies?
Select correct option:
IFE, EFE and QSPM Matrix
IFE, IE and BCG Matrix
IFE, CPM and EFE Matrix
EFE, IE and CPM Matrix
Question # 12 of 15 ( Start time: 09:33:22 PM ) Total Marks: 1
Which of the following is best identified as a statement that presents "a firm's big picture statement, describing a desired end-state, general in scope, and not restrictive"?
Select correct option:
Corporate philosophy statement
Company creed
Vision statement
Mission statement
Question # 13 of 15 ( Start time: 09:34:02 PM ) Total Marks: 1
All of the following fall under Pricing decisions EXCEPT:
Select correct option:
Discounts
Credit terms
Markups
Dealer relations
Question # 14 of 15 ( Start time: 09:34:32 PM ) Total Marks: 1
According to the Grand Strategy Matrix, in which quadrant organizations have a strong competitive position but are in a slow-growth industry?
Select correct option:
I
II
III
IV
Question # 15 of 15 ( Start time: 09:35:00 PM ) Total Marks: 1
All of the following are functional support roles of Management Information System EXCEPT:
Select correct option:
Recording and storing accounting records
Recording and storing inventory data
Recording and storing business intelligence data
The enhanced ability to explore "what if"
Which one of the following is NOT a SMART criterion?
Select correct option:
Measurable
Strategy
Achievable
Relevant
Question # 2 of 15 ( Start time: 09:25:01 PM ) Total Marks: 1
External forces directly affects all of the following EXCEPT:
Select correct option:
Market segmentation strategies
Types of products/services offered
Management structure of organization
Choice of businesses to acquire or sell
Question # 3 of 15 ( Start time: 09:26:06 PM ) Total Marks: 1
Identify the stages of strategic management process in a precise sequence.
Select correct option:
Strategy evaluation, strategy formulation & strategy implementation
Strategy evaluation, strategy implementation & strategy formulation
Strategy formulation, strategy implementation & strategy evaluation
Strategy implementation, strategy evaluation & strategy formulation
Question # 5 of 15 ( Start time: 09:27:47 PM ) Total Marks: 1
All of the following are the key opportunities or threats in external environment because of Political, Govt. & lLegal force EXCEPT:
Select correct option:
Tax rates
Trust in government
Pak-India relationships
Patent laws
Question # 6 of 15 ( Start time: 09:28:47 PM ) Total Marks: 1
Which of the following is NOT a SPACE Matrix quadrant?
Select correct option:
Aggressive
Defensive
Competitive
Offensive
Question # 7 of 15 ( Start time: 09:29:19 PM ) Total Marks: 1
The IE Matrix consists of how many cells?
Select correct option:
Seven
Eight
Nine
Ten
Question # 8 of 15 ( Start time: 09:29:53 PM ) Total Marks: 1
Majority of the businesses follow which of the following organizational structure?
Select correct option:
Strategic business unit
Functional structure
Divisional structure
Matrix structure
Question # 9 of 15 ( Start time: 09:30:57 PM ) Total Marks: 1
The process of monitoring performance, comparing it with goals, and correcting any significant deviations is known as:
Select correct option:
Planning
Organizing
Leading
Controlling
Question # 10 of 15 ( Start time: 09:31:46 PM ) Total Marks: 1
Marketing decisions generally fall into four controllable categories. Which one of the following is NOT one of marketing decisions category?
Select correct option:
Product
Process
Distribution
Promotion
Question # 11 of 15 ( Start time: 09:32:22 PM ) Total Marks: 1
Input stage of strategy formulation framework includes developing which of the following set of strategies?
Select correct option:
IFE, EFE and QSPM Matrix
IFE, IE and BCG Matrix
IFE, CPM and EFE Matrix
EFE, IE and CPM Matrix
Question # 12 of 15 ( Start time: 09:33:22 PM ) Total Marks: 1
Which of the following is best identified as a statement that presents "a firm's big picture statement, describing a desired end-state, general in scope, and not restrictive"?
Select correct option:
Corporate philosophy statement
Company creed
Vision statement
Mission statement
Question # 13 of 15 ( Start time: 09:34:02 PM ) Total Marks: 1
All of the following fall under Pricing decisions EXCEPT:
Select correct option:
Discounts
Credit terms
Markups
Dealer relations
Question # 14 of 15 ( Start time: 09:34:32 PM ) Total Marks: 1
According to the Grand Strategy Matrix, in which quadrant organizations have a strong competitive position but are in a slow-growth industry?
Select correct option:
I
II
III
IV
Question # 15 of 15 ( Start time: 09:35:00 PM ) Total Marks: 1
All of the following are functional support roles of Management Information System EXCEPT:
Select correct option:
Recording and storing accounting records
Recording and storing inventory data
Recording and storing business intelligence data
The enhanced ability to explore "what if"
...........
Question # 1 of 15 ( Start time: 11:22:48 PM ) Total Marks: 1
In BCG growth-share matrix, which of the following would be most likely to possess a low market share and a high growth rate?
Select correct option:
Dog
Question mark
Cash cow
Star
Question # 2 of 15 ( Start time: 11:23:42 PM ) Total Marks: 1
Which one of the following strategies is referred as presenting products, often with a little or no modification, to customers in related marketing areas?
Select correct option:
Market development
Market penetration
Horizontal integration
Product development
Question # 3 of 15 ( Start time: 11:24:47 PM ) Total Marks: 1
Which of the following was NOT included in Borden's marketing mix?
Select correct option:
Product planning
Display
Styling
Physical handling
Question # 4 of 15 ( Start time: 11:25:58 PM ) Total Marks: 1
Product development involves going in the direction of which one of the following?
Select correct option:
Present products to present markets
Present products to new markets
New products to present markets
New products to new markets
Question # 5 of 15 ( Start time: 11:26:28 PM ) Total Marks: 1
Which of the following statements is NOT correct about a mission statement?
Select correct option:
It contains the definition of the company's business
It is called the picture of a company's future.
It is a statement containing the company's major goals
It is known as statement of the corporate philosophy
Question # 6 of 15 ( Start time: 11:27:00 PM ) Total Marks: 1
Which of the following directs at developing new products before competitors do at improving product quality or at improving manufacturing processes to reduce costs?
Select correct option:
Marketing
Opportunity analysis
Research and development
Management
Question # 7 of 15 ( Start time: 11:27:57 PM ) Total Marks: 1
The reason to develop QSPM is to evaluate the alternative strategies derived from all of these EXCEPT:
Select correct option:
Grand Strategy Matrix
BCG Matrix
Space Matrix
CPM Matrix
Question # 8 of 15 ( Start time: 11:28:11 PM ) Total Marks: 1
Which of these strategies is effective when the number of suppliers is small and the number of competitors is large?
Select correct option:
Conglomerate diversification
Forward integration
Backward integration
Horizontal diversification
Question # 9 of 15 ( Start time: 11:28:56 PM ) Total Marks: 1
The process of monitoring performance, comparing it with goals, and correcting any significant deviations is known as:
Select correct option:
Planning
Organizing
Leading
Controlling
Question # 10 of 15 ( Start time: 11:29:08 PM ) Total Marks: 1
Defensive strategies include all of the following EXCEPT:
Select correct option:
Retrenchment
Acquisition
Divestiture
Liquidation
Question # 11 of 15 ( Start time: 11:29:34 PM ) Total Marks: 1
In order to avoid the emergence of substitute products, AF & Z Corporation has obtained an access and control over the scarce natural resources necessary to produce their products. Thus, which of the following strategies is being practiced by AF & Z Corporation?
Select correct option:
SO Strategy
WO Strategy
SW Strategy
ST Strategy
Question # 12 of 15 ( Start time: 11:30:10 PM ) Total Marks: 1
Identify the term that is known as a "mean of providing guidance to actions and procedures, including how resources are to be allocated and how tasks assigned to the organization might be accomplished".
Select correct option:
Aspirations
Objectives
Policies
Goals
Question # 13 of 15 ( Start time: 11:31:19 PM ) Total Marks: 1
Which one of the following is NOT a SMART criterion?
Select correct option:
Measurable
Strategy
Achievable
Relevant
Question # 14 of 15 ( Start time: 11:31:29 PM ) Total Marks: 1
Which of the following is the last step in the development of QSPM?
Select correct option:
Developing a list of the firm's key external and internal factors
Determining the Attractiveness Scores for each strategy
Compute the Sum Total Attractiveness Score
Assigning weights to each key external and internal factor
Question # 15 of 15 ( Start time: 11:32:45 PM ) Total Marks: 1
Which of the following categories of ratios includes return on total assets and return on stockholders' equity as its types?
Select correct option:
Profitability
Leverage
Growth
Liquidity
In BCG growth-share matrix, which of the following would be most likely to possess a low market share and a high growth rate?
Select correct option:
Dog
Question mark
Cash cow
Star
Question # 2 of 15 ( Start time: 11:23:42 PM ) Total Marks: 1
Which one of the following strategies is referred as presenting products, often with a little or no modification, to customers in related marketing areas?
Select correct option:
Market development
Market penetration
Horizontal integration
Product development
Question # 3 of 15 ( Start time: 11:24:47 PM ) Total Marks: 1
Which of the following was NOT included in Borden's marketing mix?
Select correct option:
Product planning
Display
Styling
Physical handling
Question # 4 of 15 ( Start time: 11:25:58 PM ) Total Marks: 1
Product development involves going in the direction of which one of the following?
Select correct option:
Present products to present markets
Present products to new markets
New products to present markets
New products to new markets
Question # 5 of 15 ( Start time: 11:26:28 PM ) Total Marks: 1
Which of the following statements is NOT correct about a mission statement?
Select correct option:
It contains the definition of the company's business
It is called the picture of a company's future.
It is a statement containing the company's major goals
It is known as statement of the corporate philosophy
Question # 6 of 15 ( Start time: 11:27:00 PM ) Total Marks: 1
Which of the following directs at developing new products before competitors do at improving product quality or at improving manufacturing processes to reduce costs?
Select correct option:
Marketing
Opportunity analysis
Research and development
Management
Question # 7 of 15 ( Start time: 11:27:57 PM ) Total Marks: 1
The reason to develop QSPM is to evaluate the alternative strategies derived from all of these EXCEPT:
Select correct option:
Grand Strategy Matrix
BCG Matrix
Space Matrix
CPM Matrix
Question # 8 of 15 ( Start time: 11:28:11 PM ) Total Marks: 1
Which of these strategies is effective when the number of suppliers is small and the number of competitors is large?
Select correct option:
Conglomerate diversification
Forward integration
Backward integration
Horizontal diversification
Question # 9 of 15 ( Start time: 11:28:56 PM ) Total Marks: 1
The process of monitoring performance, comparing it with goals, and correcting any significant deviations is known as:
Select correct option:
Planning
Organizing
Leading
Controlling
Question # 10 of 15 ( Start time: 11:29:08 PM ) Total Marks: 1
Defensive strategies include all of the following EXCEPT:
Select correct option:
Retrenchment
Acquisition
Divestiture
Liquidation
Question # 11 of 15 ( Start time: 11:29:34 PM ) Total Marks: 1
In order to avoid the emergence of substitute products, AF & Z Corporation has obtained an access and control over the scarce natural resources necessary to produce their products. Thus, which of the following strategies is being practiced by AF & Z Corporation?
Select correct option:
SO Strategy
WO Strategy
SW Strategy
ST Strategy
Question # 12 of 15 ( Start time: 11:30:10 PM ) Total Marks: 1
Identify the term that is known as a "mean of providing guidance to actions and procedures, including how resources are to be allocated and how tasks assigned to the organization might be accomplished".
Select correct option:
Aspirations
Objectives
Policies
Goals
Question # 13 of 15 ( Start time: 11:31:19 PM ) Total Marks: 1
Which one of the following is NOT a SMART criterion?
Select correct option:
Measurable
Strategy
Achievable
Relevant
Question # 14 of 15 ( Start time: 11:31:29 PM ) Total Marks: 1
Which of the following is the last step in the development of QSPM?
Select correct option:
Developing a list of the firm's key external and internal factors
Determining the Attractiveness Scores for each strategy
Compute the Sum Total Attractiveness Score
Assigning weights to each key external and internal factor
Question # 15 of 15 ( Start time: 11:32:45 PM ) Total Marks: 1
Which of the following categories of ratios includes return on total assets and return on stockholders' equity as its types?
Select correct option:
Profitability
Leverage
Growth
Liquidity
.............
Question # 1 of 15 ( Start time: 11:46:29 PM ) Total Marks: 1
In order to avoid the emergence of substitute products, AF & Z Corporation has obtained an access and control over the scarce natural resources necessary to produce their products. Thus, which of the following strategies is being practiced by AF & Z Corporation?
Select correct option:
SO Strategy
WO Strategy
SW Strategy
ST Strategy
Question # 2 of 15 ( Start time: 11:46:50 PM ) Total Marks: 1
Which of the following refers to Kanban?
Select correct option:
Manufacturing system
Production unit
Signals
Process
Question # 3 of 15 ( Start time: 11:47:40 PM ) Total Marks: 1
Buyers can exercise high bargaining power over their suppliers under which one of the following conditions?
Select correct option:
When there are many good substitutes of raw material
There are few buyers in the market
They have few suppliers to choose from
There is a high concentration of suppliers
Question # 4 of 15 ( Start time: 11:49:04 PM ) Total Marks: 1
Selling all of a company's assets in parts for their tangible worth is known as:
Select correct option:
Joint venture
Divestiture
Liquidation
Integration
Question # 5 of 15 ( Start time: 11:49:36 PM ) Total Marks: 1
The organizations, where resource allocation is not based on strategic-management approach to decision making, which approach is used for resource allocation?
Select correct option:
Financial budget
Relative importance of departments
On political or personal factors
Relative cost of each resources
Question # 6 of 15 ( Start time: 11:50:18 PM ) Total Marks: 1
Where an organization is considering development in an existing market with existing products it is pursuing which of the following strategy?
Select correct option:
Diversification
Market development
Market penetration
Product development
Question # 7 of 15 ( Start time: 11:50:49 PM ) Total Marks: 1
Non-financial benefits of strategic management includes all of the following EXCEPT:
Select correct option:
Better awareness of external threats
Enhanced awareness of threats
Reduced resistance to change
Increase in sales
Question # 8 of 15 ( Start time: 11:51:29 PM ) Total Marks: 1
Which of the following are two positive-rated dimensions on SPACE Matrix?
Select correct option:
FS and CA
CA and ES
FS and IS
IS and ES
Question # 9 of 15 ( Start time: 11:52:06 PM ) Total Marks: 1
Marketing decisions generally fall into four controllable categories. Which one of the following is NOT one of marketing decisions category?
Select correct option:
Product
Process
Distribution
Promotion
Question # 10 of 15 ( Start time: 11:52:22 PM ) Total Marks: 1
A firm that is involved in two or more distinct businesses is known as:
Select correct option:
A diversified company
A ventured company
A restructured company
A multinational corporation
Question # 11 of 15 ( Start time: 11:53:37 PM ) Total Marks: 1
Which one of the following is the organizational structure that most of the medium-size organizations follow?
Select correct option:
Divisional structure
Strategic business unit
Functional structure
Matrix structure
Question # 12 of 15 ( Start time: 11:53:53 PM ) Total Marks: 1
The total weighted score of IFE matrix developed for XYZ corporation is 3.5. Which of the following statement is TRUE about XYZ Corporation in the light of IFE matrix total weighted score?
Select correct option:
Corporation has strong external position
Corporation has weak internal position
Corporation has strong internal position
Corporation has weak external position
Question # 13 of 15 ( Start time: 11:55:13 PM ) Total Marks: 1
Local, state, and national elections, world oil, currency, and labor markets, number of patents, special tariffs are the examples of which one of the following?
Select correct option:
Economic forces
Social, cultural and, demographic forces
Political, governmental, and legal forces
Competitive forces
Question # 14 of 15 ( Start time: 11:55:58 PM ) Total Marks: 1
BCG matrix is used in matching stage of strategy formulation framework. It plots the business units along which of the following dimensions?
Select correct option:
Market share and industry strength
Market share and market growth rate
Market growth rate and competitive position
Market growth rate and environment stability
Question # 15 of 15 ( Start time: 11:57:20 PM ) Total Marks: 1
Ethnic balance is affected due to which of the following?
Select correct option:
Change in ethnic values
Awareness of ethnic norms
Migration of the people towards different areas
Introduction of new laws relating to ethnicity
In order to avoid the emergence of substitute products, AF & Z Corporation has obtained an access and control over the scarce natural resources necessary to produce their products. Thus, which of the following strategies is being practiced by AF & Z Corporation?
Select correct option:
SO Strategy
WO Strategy
SW Strategy
ST Strategy
Question # 2 of 15 ( Start time: 11:46:50 PM ) Total Marks: 1
Which of the following refers to Kanban?
Select correct option:
Manufacturing system
Production unit
Signals
Process
Question # 3 of 15 ( Start time: 11:47:40 PM ) Total Marks: 1
Buyers can exercise high bargaining power over their suppliers under which one of the following conditions?
Select correct option:
When there are many good substitutes of raw material
There are few buyers in the market
They have few suppliers to choose from
There is a high concentration of suppliers
Question # 4 of 15 ( Start time: 11:49:04 PM ) Total Marks: 1
Selling all of a company's assets in parts for their tangible worth is known as:
Select correct option:
Joint venture
Divestiture
Liquidation
Integration
Question # 5 of 15 ( Start time: 11:49:36 PM ) Total Marks: 1
The organizations, where resource allocation is not based on strategic-management approach to decision making, which approach is used for resource allocation?
Select correct option:
Financial budget
Relative importance of departments
On political or personal factors
Relative cost of each resources
Question # 6 of 15 ( Start time: 11:50:18 PM ) Total Marks: 1
Where an organization is considering development in an existing market with existing products it is pursuing which of the following strategy?
Select correct option:
Diversification
Market development
Market penetration
Product development
Question # 7 of 15 ( Start time: 11:50:49 PM ) Total Marks: 1
Non-financial benefits of strategic management includes all of the following EXCEPT:
Select correct option:
Better awareness of external threats
Enhanced awareness of threats
Reduced resistance to change
Increase in sales
Question # 8 of 15 ( Start time: 11:51:29 PM ) Total Marks: 1
Which of the following are two positive-rated dimensions on SPACE Matrix?
Select correct option:
FS and CA
CA and ES
FS and IS
IS and ES
Question # 9 of 15 ( Start time: 11:52:06 PM ) Total Marks: 1
Marketing decisions generally fall into four controllable categories. Which one of the following is NOT one of marketing decisions category?
Select correct option:
Product
Process
Distribution
Promotion
Question # 10 of 15 ( Start time: 11:52:22 PM ) Total Marks: 1
A firm that is involved in two or more distinct businesses is known as:
Select correct option:
A diversified company
A ventured company
A restructured company
A multinational corporation
Question # 11 of 15 ( Start time: 11:53:37 PM ) Total Marks: 1
Which one of the following is the organizational structure that most of the medium-size organizations follow?
Select correct option:
Divisional structure
Strategic business unit
Functional structure
Matrix structure
Question # 12 of 15 ( Start time: 11:53:53 PM ) Total Marks: 1
The total weighted score of IFE matrix developed for XYZ corporation is 3.5. Which of the following statement is TRUE about XYZ Corporation in the light of IFE matrix total weighted score?
Select correct option:
Corporation has strong external position
Corporation has weak internal position
Corporation has strong internal position
Corporation has weak external position
Question # 13 of 15 ( Start time: 11:55:13 PM ) Total Marks: 1
Local, state, and national elections, world oil, currency, and labor markets, number of patents, special tariffs are the examples of which one of the following?
Select correct option:
Economic forces
Social, cultural and, demographic forces
Political, governmental, and legal forces
Competitive forces
Question # 14 of 15 ( Start time: 11:55:58 PM ) Total Marks: 1
BCG matrix is used in matching stage of strategy formulation framework. It plots the business units along which of the following dimensions?
Select correct option:
Market share and industry strength
Market share and market growth rate
Market growth rate and competitive position
Market growth rate and environment stability
Question # 15 of 15 ( Start time: 11:57:20 PM ) Total Marks: 1
Ethnic balance is affected due to which of the following?
Select correct option:
Change in ethnic values
Awareness of ethnic norms
Migration of the people towards different areas
Introduction of new laws relating to ethnicity
..............
