Started onTuesday, 24 June 2014, 06:17 PM

Completed onTuesday, 24 June 2014, 06:54 PM

Time taken37 mins 17 secs
Grade41 out of a maximum of 100
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Question 1
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________ Business strategies were constrained , controlled and protected by the
Government
Select one:

a. 1947-1980
b. 1947 -1982
c. 1947-1985
d. 1947-1987
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The correct answer is: 1947-1980.
Question 2
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_____ Approach is based on improving the competitive capacity of providing a high level
of autonomy to the operating units.
Select one:
a. Strategic control
b. Financial
c. Economic Value
d. Competitive advantage
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The correct answer is: Strategic control.
Question 3
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_________ states what the founder intends to achieve.
Select one:
a. Value
b. Scope
c. Mission
d. Vision
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The correct answer is: Mission.

Question 4
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_________ includes detailed action plans for various functional areas like HR, Finance,
Operation, Marketing etc
Select one:
a. Functional Level Strategy
b. Operational Level Strategy
c. Business Level Strategy
d. Corporate Level Strategy
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The correct answer is: Functional Level Strategy.
Question 5
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____________ represents one of the methods of formulating a value statement:
Select one:
a. Benchmarking
b. Value chain analysis
c. Balanced scorecard
d. Brainstorming
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The correct answer is: Brainstorming.

Question 6

Correct
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___________ resources cannot be seen, touched, documented or quantified
Select one:
a. Material
b. Intangible
c. Visible
d. Tangible
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The correct answer is: Intangible.
Question 7
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____________ can be steep or a gradual fall.
Select one:
a. BCG Approach
b. Competitive curve
c. Experience Curve
d. Learning Curve
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The correct answer is: Experience Curve.
Question 8
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The _________ intentions of the organization provide a focus for setting objectives.

Select one:
a. positive
b. long-term
c. Medium-term
d. short-term
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The correct answer is: long-term.
Question 9
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_________ statements give a common cause and a common sense.
Select one:
a. Mission
b. Value
c. Vision
d. All 3 options
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The correct answer is: Value.
Question 10
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__ is in the form of a matrix which classifies the products or service and companys
business units into four categories
Select one:
a. Competitive curve
b. Learning Curve
c. BCG
d. Experience Curve
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The correct answer is: BCG.

Question 11
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It is always preferable to prepare _________ objectives
Select one:
a. activity oriented
b. Result oriented
c. Operation oriented
d. Service oriented
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The correct answer is: activity oriented.
Question 12
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Cash _________ generate a lot of cash.
Select one:
a. Bird
b. Horse
c. Tiger
d. Cow
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The correct answer is: Cow.
Question 13
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Mark 1 out of 1
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__________ planning is the Way to communicate the intent of management.
Select one:
a. procurement
b. Strategic
c. production
d. Functional
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The correct answer is: Strategic.
Question 14
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________ tries to evaluate the key cash generators of the business which are called
value drivers.
Select one:
a. Economic value Added
b. Return on Assets
c. Shareholder Value Analysis
d. Cash Flow
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The correct answer is: Shareholder Value Analysis.
Question 15
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The objective of ___________ is to control efficiency, quality, innovation
andcresponsiveness to customers.

Select one:
a. Economic Value
b. Strategic control approach
c. Financial
d. Competitive advantage
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The correct answer is: Strategic control approach.
Question 16
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Daily sales outstanding=(__________)/(Total Sales/360)
Select one:
a. Accounts Receivable
b. Accounts Payable
c. Total stock
d. Invested Capital
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The correct answer is: Accounts Receivable.
Question 17
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_______ mainly concerned issues like gaining competitive advantage, new
opportunities, customer satisfaction market share growth etc.
Select one:
a. Functional Level Strategy
b. Corporate Level Strategy
c. Operational Level Strategy
d. Business Level Strategy
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The correct answer is: Business Level Strategy.

Question 18
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________ are entities that have invested their money in the companys capital and
expect a decent return on it.
Select one:
a. Stakeholders
b. Debtors
c. Creditors
d. Bankers
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The correct answer is: Stakeholders.
Question 19
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Each business prepare its own objectives which are supposed to be examined on the
basis of ____ variablesSelect one:
a. Six
b. Four
c. Seven
d. Five
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The correct answer is: Six.
Question 20
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____ Strategic Planning Process is a formal exercise using scanning and forecasting to
generate strategies; clubbing goal setting and implementation to specify objectives
followed by evaluation and eventually monitoring.
Select one:
a. Corporate
b. Operational
c. Divisional
d. Functional
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The correct answer is: Corporate.

Question 21
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The ______ are involved in setting up objectives for the Key Result Areas, divisional
levels, departmental and individual levels.
Select one:
a. Middle Level Managers
b. Marketing Executive
c. Board of Directors
d. Lower Level Managers
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The correct answer is: Middle Level Managers.
Question 22
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______ research is centered on a hierarchy of effects right form a potential buyer
becoming aware of a product,
Select one:
a. Marketing
b. Brand
c. Material
d. Product
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The correct answer is: Brand.
Question 23
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Balanced Scorecard identifies _________ core processes:
Select one:
a. Seven
b. five
c. four
d. Six
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The correct answer is: four.
Question 24
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Examples of _______companies which implemented generic strategies are DuPont and
Texas Instrument

Select one:
a. Competitive advantage
b. Differentiation
c. Focus and Niche
d. Cost leadership
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The correct answer is: Cost leadership.
Question 25
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Strategic Group Analysis Indicates degree if ease to move from one ________ group to
another
Select one:
a. funtional
b. strategic
c. operational
d. Competitive
Feedback
The correct answer is: strategic.

Question 26
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In _____ method a firm deliberately creates a misfit between the firms resources and
aspirations and then stretches its resources to achieve those extended aspirations thus
ensuring growth and development.
Select one:
a. Core Competence

b. Fit Concept
c. Stretch Concept
d. Capabilities
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The correct answer is: Stretch Concept.
Question 27
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Strategic Group Analysis Helps in identifying _______ competitors
Select one:
a. indirect
b. future
c. prospective
d. direct
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The correct answer is: direct.
Question 28
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SMART Formula stands for Specific-State,Measurable, __________,
___________,Timely etc
Select one:
a. Activity , Recources
b. Achievable ,Realistic
c. Advantage , Reproducible
d. Action , Result Oriented
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The correct answer is: Achievable ,Realistic.

Question 29
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The ____________ is a strategic management and measuring process used to help
align specific business activities with an organization's strategy and vision.
Select one:
a. Strategy Evaluation
b. Balanced Scorecard
c. Strategy Analysis
d. Benchmarking
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The correct answer is: Balanced Scorecard.
Question 30
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In _______ firms objectives are established for overall company as well as for each
division.
Select one:
a. multi-productline
b. multi-international
c. multi-divisional
d. multi-diversified
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The correct answer is: multi-divisional.

Question 31
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Versions of benefit-cost analysis: ______ _ which uses the Present value of Future
benefits to ascertain the decisions
Select one:
a. Undiscounted
b. depreciation
c. Discounted
d. accept-reject decision
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The correct answer is: Discounted.
Question 32
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_________ data can also be collected internally form various secondary sources like
Advertising, Sales Brochures, Newspaper, Magazines Reference Books and Databases.
Select one:
a. Strategic Group Analysis
b. Five Forces Model
c. Competitive profiling
d. Environmental Analysis
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The correct answer is: Environmental Analysis.
Question 33
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_______ represents the area of expertise of any firm.

Select one:
a. Differentiation
b. Quality
c. Competence
d. Value
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The correct answer is: Competence.
Question 34
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Return on Assets = Net Profit/__________.
Select one:
a. Invested Capital
b. Total Laibility
c. Total Assets
d. Net Loss
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The correct answer is: Total Assets.
Question 35
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________ level strategy deals with the questions: What business should the corporation
take up?
Select one:
a. Functional
b. Operational
c. Corporate
d. Business
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The correct answer is: Corporate.

Question 36
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Competence is measured by __________.
Select one:
a. Opportunity
b. capability
c. Rating
d. Advantage
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The correct answer is: capability.
Question 37
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________ can exercise power by forcing down prices or playing competitors to each
other.
Select one:
a. Buyers
b. Manufacturer
c. Suppliers
d. Traders
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The correct answer is: Buyers.

Question 38
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There are ___________ broad classifications for types of diversification
Select one:
a. two
b. four
c. three
d. five
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The correct answer is: two.
Question 39
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There are _________ main types of renewal strategies
Select one:
a. five
b. two
c. four
d. three
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The correct answer is: two.
Question 40
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Objective setting is generally _______ process.

Select one:
a. vertical
b. down-top
c. top-down
d. Horizantal
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The correct answer is: top-down.

Question 41
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There are __________ versions of benefit-cost analysis
Select one:
a. three
b. two
c. five
d. four
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The correct answer is: two.
Question 42
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______________ is Short-term Strategies
Select one:
a. Corporate Parenting
b. Portfolio Analysis
c. Corporate Revival

d. Growth Strategies
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The correct answer is: Corporate Revival.
Question 43
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_________ is the motivator of the organization.
Select one:
a. Vision
b. Value
c. Scope
d. Mission
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The correct answer is: Vision.
Question 44
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= /Stock Price{=Total Shareholder Return~Return On Equity ~Price-Earning Ratio
~Financial Leverage}
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The correct answer is: Stock Price(t+1) _ Stock Price(t) +dividends.
Question 45
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________ objective relate to those objective that need to be accomplished in any time

beyond a 12 month period

Select one:
a. Short-range
b. long-range
c. Medium-range
d. One time
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The correct answer is: long-range.

Question 46
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Example of __________ resources are Technology, Innovation and Reputation
Select one:
a. Intangible
b. Visible
c. Tangible
d. Material
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The correct answer is: Intangible.
Question 47
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Opportunity and threats and societal expectations are _________
Select one:
a. basic factor

b. External Factors
c. Value Chain Factors
d. Internal Factors
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The correct answer is: External Factors.
Question 48
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In the recent past many Indian IT companies acquired companies in _____and _______
which are having the good customer base
Select one:
a. US , Europe
b. Europe , Russia
c. Middle East, Africa
d. Middle East , Russia
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The correct answer is: US , Europe.
Question 49
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The primary driving forces roughly fall into ______ categories.
Select one:
a. Three
b. Two
c. four
d. Six
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The correct answer is: four.

Question 50
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TATA has been able to achieve this success because it catered to its _________.
Select one:
a. creditors
b. Shareholders
c. Debtors
d. employees
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The correct answer is: employees.

Question 51
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___________ is somewhat a loose scanning activity.
Select one:
a. Strategic Surveillance
b. Premise control
c. Implementation control
d. Special alert control
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The correct answer is: Strategic Surveillance.
Question 52
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_____ where the firm tries to locate a segment of market within the industry and tries to
cater to the special needs of the customers in that target market.
Select one:
a. Forecast
b. Focus and Niche
c. Target
d. Competitive advantage
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The correct answer is: Focus and Niche.
Question 53
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_____ Level Strategy is mainly concerned with overall scope of the organization
Select one:
a. Business
b. Corporate
c. Operational
d. Functional
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The correct answer is: Corporate.
Question 54
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_________ is two or more firms create a jointly owned legal organization to access new
technologies.
Select one:
a. Passive pre-emption
b. Active pre-emption

c. Joint Ventures
d. Creation of shortage
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The correct answer is: Joint Ventures.
Question 55
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_______ being the second largest conglomerate in India
Select one:
a. Wipro
b. Birla
c. TATA
d. Reliance
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The correct answer is: TATA.

Question 56
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________ refers to a state where a firm enjoys the benefits of economies of scale.
Select one:
a. saves money as it produces higher quantities due to its good strategy implementation
b. Competitive advantage
c. Differentiation
d. Focus and Niche
Feedback

The correct answer is: saves money as it produces higher quantities due to its good
strategy implementation.
Question 57
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____ analysis looks at the deployment of resource and performance measures by
comparison with previous years to identify any significant changes.
Select one:
a. SWOT
b. PESTLE
c. Case
d. Industry
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The correct answer is: Industry.
Question 58
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Functional Level Strategy also known as ___________ tactics.
Select one:
a. Operational
b. Corporate
c. Business
d. functional
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The correct answer is: functional.
Question 59
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McKinsey came out with a model popularly known as _________ framework.
Select one:
a. 7-S
b. 5-S
c. 6-S
d. 8-S
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The correct answer is: 7-S.
Question 60
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_________=Current Assets/ Current Liability
Select one:
a. Current ratio
b. Debt-Equity Ratio
c. Price-Earning Ratio
d. Total Shareholder Return
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The correct answer is: Current ratio.
Question 61
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______ process assesses the available options and tries to align these with the intent
(vision, mission) of the firm.
Select one:

a. Strategic Management
b. strategic option
c. strategic decision
d. strategic Choice
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The correct answer is: strategic Choice.
Question 62
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Organizational structure and culture are important elements of ____________
Select one:
a. organizational Graph
b. organizational Policies
c. organizational design
d. cultural web
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The correct answer is: organizational design.
Question 63
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The rate at which the Learning Curve relation operates is known as ___________
Select one:
a. Unpredictable rate
b. Competitive rate
c. Forcasting rate
d. Predictable rate
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The correct answer is: Predictable rate.

Question 64
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Satyam started its operations in ________ and __________.
Select one:
a. China , UK
b. China , Dubai
c. UK , Germany
d. China , Malaysia
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The correct answer is: China , Dubai.
Question 65
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_____ are those components of strategy where the company must excel to outperform
competitors.
Select one:
a. CSFs
b. SCFs
c. FSCs
d. CFSs
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The correct answer is: CSFs.

Question 66
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The main objective of the _____ exercise is to identify What competitive strategies to be
followed?
Select one:
a. Competitive profiling
b. operational model
c. Strategic Group Analysis
d. five forces model
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The correct answer is: five forces model.
Question 67
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There are ________ levels of strategies moving top to down
Select one:
a. Three
b. Six
c. Five
d. four
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The correct answer is: four.
Question 68
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Environmental Scanning Model is a _____ step model
Select one:

a. Two
b. four
c. Three
d. Five
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The correct answer is: four.
Question 69
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It was observed that in a game of _______ the person who won all the shots would
neither stand too close to the target nor too far.
Select one:
a. ting the ring
b. wing the ring
c. ring the ting
d. ring the wing
Feedback
The correct answer is: ring the wing.
Question 70
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There are ________ methods of rating opportunity
Select one:
a. four
b. two
c. three
d. one
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The correct answer is: two.

Question 71
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_______ being one such asset the value of which depreciates with time it is important to
understand the future value of cash generated by cash cows.
Select one:
a. Fixed Asset
b. Stock
c. Cash
d. Machine
Feedback
The correct answer is: Cash.
Question 72
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Strategic Group Analysis Identify _________ opportunities
Select one:
a. Competitive
b. funtional
c. operational
d. strategic
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The correct answer is: strategic.
Question 73

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_________ benchmarking deals with top management.
Select one:
a. Functional
b. Financial
c. Strategic
d. Operational
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The correct answer is: Strategic.
Question 74
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A competitive advantage can be achieved by reconfiguring the __________ chain
Select one:
a. quality
b. top-bottom
c. value
d. model
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The correct answer is: value.
Question 75
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____________ is designed to also help communicate and measure goals and
performance.

Select one:
a. Benchmarking
b. Balanced Scorecard
c. Strategy Evaluation
d. Strategy Analysis
Feedback
The correct answer is: Balanced Scorecard.

Started onFriday, 25 July 2014, 05:34 PM

Completed onFriday, 25 July 2014, 05:35 PM
Time taken1 min 48 secs
Grade0 out of a maximum of 100
FeedbackOOps! you don't seem to have studied at all! You still have some time to catch up !!
Devote some extra hours for this subject! You can still do it, if you try hard!
Question 1
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Business level strategy answers the following questions: How those needs will be satisfied?
Select one:
a. Business
b. Corporate
c. Operational
d. Functional
Feedback
The correct answer is: Business.
Question 2
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______ has proved it that objective setting is best when it is not restricted by a particular flow.

Select one:
a. Reliance
b. Wipro
c. Tata
d. L&T
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The correct answer is: Wipro.
Question 3
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Strategic plans at times get _________ and difficult to decipher.
Select one:
a. descriptive
b. informative
c. precise
d. over-informative
Feedback
The correct answer is: over-informative.
Question 4
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___________ statements give a common cause and a common sense.
Select one:
a. Vision
b. Strategy
c. Value
d. Mission
Feedback
The correct answer is: Value.
Question 5

Not answered
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Care should be taken that a company should not set too many ____as they may dilute the
drive for accomplishment.
Select one:
a. Target
b. objectives
c. Rules
d. Task
Feedback
The correct answer is: objectives.
Question 6
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Post independence period w.r.t. industrialization can be divided into _______ phases.
Select one:
a. three
b. four
c. two
d. ive
Feedback
The correct answer is: three.
Question 7
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___________ resources cannot be seen, touched, documented or quantified
Select one:
a. Visible

b. Material
c. Intangible
d. Tangible
Feedback
The correct answer is: Intangible.
Question 8
Not answered
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Question text
The objective of ___________ is to control efficiency, quality, innovation andcresponsiveness
to customers.
Select one:
a. Financial
b. Economic Value
c. Strategic control approach
d. Competitive advantage
Feedback
The correct answer is: Strategic control approach.
Question 9
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To become a research-based international pharmaceutical company is a mission statement
of ________.
Select one:
a. Ranbaxy Laboratories
b. DHL
c. Infosys
d. Wipro
Feedback
The correct answer is: Ranbaxy Laboratories.
Question 10

Not answered
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Standard systems of controls are generally classified into _________ types
Select one:
a. two
b. three
c. five
d. four
Feedback
The correct answer is: four.
Question 11
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Strength and Weakness and personal values of implementer are _________
Select one:
a. basic factor
b. External Factors
c. Value Chain Factors
d. Internal Factors
Feedback
The correct answer is: Internal Factors.
Question 12
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Satyam started its operations in ________ and __________.
Select one:
a. China , UK
b. China , Malaysia

c. China , Dubai
d. UK , Germany
Feedback
The correct answer is: China , Dubai.
Question 13
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___________ was developed by Michael Porter.
Select one:
a. Strategic Group Analysis
b. Competitive profiling
c. operational model
d. Five Forces Model
Feedback
The correct answer is: Five Forces Model.
Question 14
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Each business prepare its own objectives which are supposed to be examined on the basis
of ____ variablesSelect one:
a. Seven
b. Six
c. Four
d. Five
Feedback
The correct answer is: Six.
Question 15
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Flag question

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_______ Objectives are relating to companys market position and competitiveness.
Select one:
a. Strategic
b. Corporate
c. Financial
d. Marketing
Feedback
The correct answer is: Strategic.
Question 16
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________ refers to a state where a firm enjoys the benefits of economies of scale.
Select one:
a. Focus and Niche
b. Competitive advantage
c. saves money as it produces higher quantities due to its good strategy implementation
d. Differentiation
Feedback
The correct answer is: saves money as it produces higher quantities due to its good strategy
implementation.
Question 17
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A mission statement incorporates three distinct and identifiable components Which of the
option is not one of them:
Select one:
a. Expansion
b. Distinction

c. The key market

d. Contribution
Feedback
The correct answer is: Expansion.
Question 18
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There are ________ methods of rating opportunity
Select one:
a. three
b. two
c. one
d. four
Feedback
The correct answer is: two.
Question 19
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There are ___________ broad approaches to corporate strategies
Select one:
a. four
b. five
c. Six
d. Three
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The correct answer is: four.
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Return on Invested Capital= ________/ Invested Capital
Select one:
a. Net Profit
b. Total Profit
c. Total Equity
d. Gross Profit
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The correct answer is: Net Profit.
Question 21
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There are ________ levels of strategies moving top to down
Select one:
a. four
b. Five
c. Six
d. Three
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The correct answer is: four.
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In Fit Concept we can mention about the _________ framework of McKinsey
Select one:
a. 5-S
b. 8-S
c. 6-S
d. 7-S
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The correct answer is: 7-S.

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_______ is a rapid but a thorough review of the entire strategy in the light of sudden and
unexpected events.
Select one:
a. Special Alert Control
b. Premise control
c. Strategic Surveillance
d. Implementation control
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The correct answer is: Special Alert Control.
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______ is seen in the possibility of unforeseen fluctuations or derivations in its expected cash
flows.
Select one:
a. treats
b. benefits
c. Risk
d. Opportunities
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The correct answer is: Risk.
Question 25
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____________ are also known as functional tactics.

Select one:
a. Functional Level Strategy
b. Business Level Strategy
c. Corporate Level Strategy
d. Operational Level Strategy
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The correct answer is: Functional Level Strategy.
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_____ states the benefits tat a firm enjoys because of specialization in a particular business,
product or service.
Select one:
a. Experience Curve
b. Learning Curve
c. Competitive curve
d. BCG Approach
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The correct answer is: Experience Curve.
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The 7 elements of McKinseys model are Shared
values,Structure,System,Strategy,_______,Staff,Skill.
Select one:
a. Sensitivity
b. scope
c. socialize
d. Style
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The correct answer is: Style.

Question 28
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Structure is only one element of ____________.
Select one:
a. organizational design
b. organizational Report
c. organizational Policies
d. organizational Graph
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The correct answer is: organizational design.
Question 29
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_________ is all about how you define a market, or how you redefine yourself.
Select one:
a. Scope
b. Value
c. Vision
d. Mission
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The correct answer is: Vision.
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Critical Success Factors is the most ________ features of an organization.

Select one:
a. Competitive
b. unique
c. differentiation
d. critical
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The correct answer is: critical.
Question 31
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____________ identifies order winners
Select one:
a. Strategic Group Analysis
b. Process profiling
c. Competitive profiling
d. Product profiling
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The correct answer is: Competitive profiling.
Question 32
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_______ measures the ability of the firm to generate a flow of cash, therefore it evaluates the
firms capacity of survival and long term growth.
Select one:
a. Return on Assets
b. Cash Flow
c. Economic value Added
d. Shareholder Value Analysis
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The correct answer is: Cash Flow.

Question 33
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_____ depends on the organizations operational factors like its
structure,culture,resources,competencies, technology
Select one:
a. Strategic Choice
b. Strategy Evaluation
c. Strategic Analysis
d. Strategy Implementation
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The correct answer is: Strategy Implementation.
Question 34
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__________ concept was introduced in 19th century by _Herman Ebinghaus
Select one:
a. Competitive curve
b. BCG Approach
c. Learning Curve
d. Experience Curve
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The correct answer is: Learning Curve.
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Business ___________ is a branch of study of ethical behavior in corporate world.
Select one:

a. Ethics
b. Custom
c. Strategy
d. Behaviour
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The correct answer is: Ethics.
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::1:: ______________ defines the existing business of the company and states as to what it
wishes to be.
Select one:
a. Strategy Evaluation
b. Strategic Analysis
c. Strategic Choice
d. Strategy Implementation
Feedback
The correct answer is: Strategic Analysis.
Question 37
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The _________ intentions of the organization provide a focus for setting objectives.
Select one:
a. positive
b. Medium-term
c. long-term
d. short-term
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The correct answer is: long-term.
Question 38

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Examples of _______companies which implemented generic strategies are Apple, Rolls
Royce
Select one:
a. Differentiation
b. Focus and Niche
c. Competitive advantage
d. Cost leadership
Feedback
The correct answer is: Focus and Niche.
Question 39
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_______ Benchmarking focuses on financial analysis and comparison of results in order
toascertain the overall competitiveness and productivity.
Select one:
a. performance
b. Investor
c. Financial
d. Strategic
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The correct answer is: Financial.
Question 40
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The first task of strategic management is formulation of organizations: _____
Select one:

a. Mission
b. All 3 options
c. vision
d. Value
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The correct answer is: vision.
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____________adds the maximum value to the product or service.
Select one:
a. PESTLE Analysis
b. Swot Analysis
c. Core Competence
d. Case Analysis
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The correct answer is: Core Competence.
Question 42
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Strategic Group Analysis Helps in identifying _______ competitors
Select one:
a. future
b. direct
c. indirect
d. prospective
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The correct answer is: direct.
Question 43
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_________ states what the founder intends to achieve.
Select one:
a. Mission
b. Value
c. Vision
d. Scope
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The correct answer is: Mission.
Question 44
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Scenario Planning creates a scenario logic through a _________ step methodology
Select one:
a. Five
b. seven
c. six
d. Four
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The correct answer is: six.
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_____ Level Strategy is mainly concerned with overall scope of the organization
Select one:
a. Business
b. Operational
c. Corporate

d. Functional
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The correct answer is: Corporate.
Question 46
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___________ provides a focus to the business
Select one:
a. Strategic Group Analysis
b. Competitive profiling
c. Product profiling
d. Process profiling
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The correct answer is: Competitive profiling.
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_______ is grabbing a disproportionately larger share of licenses either directly or indirectly
through proxy.
Select one:
a. Passive pre-emption
b. Creation of shortage
c. Active pre-emption
d. Joint Ventures
Feedback
The correct answer is: Active pre-emption.
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__________ objectives are easiest to quantify
Select one:
a. Operational
b. Financial
c. Funtional
d. Output
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The correct answer is: Financial.
Question 49
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Diversification typically takes _________ Integration forms along your value chain
Select one:
a. Vertical
b. Horizontal
c. Geographical
d. Regional
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The correct answer is: Vertical.
Question 50
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Strategies that will stop the organizations decline and put it back on a successful path are
known as ___strategies.
Select one:
a. New
b. renewal
c. Result oriented
d. sucessful

Feedback
The correct answer is: renewal.
Question 51
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_______ are involved in determining Vision, Mission and the Strategic objective of the firm
Select one:
a. Board of Directors
b. Middle Level Managers
c. Lower Level Managers
d. Marketing Executive
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The correct answer is: Board of Directors.
Question 52
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Strategic ________ of the existing firms can be analyzed with the extent and strength of
entry barriers
Select one:
a. Evaluation
b. strength
c. values
d. management
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The correct answer is: strength.
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_______ Benchmarking is used when organizations look to benchmark with partners from
different business areas of activity in order to find ways of improving like functions or work
processes.
Select one:
a. Process
b. Operational
c. Functional
d. Strategic
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The correct answer is: Functional.
Question 54
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____ Strategic Planning Process is a formal exercise using scanning and forecasting to
generate strategies; clubbing goal setting and implementation to specify objectives
followed by evaluation and eventually monitoring.
Select one:
a. Functional
b. Operational
c. Divisional
d. Corporate
Feedback
The correct answer is: Corporate.
Question 55
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_________ scope of objectives should be within the bounds of business fit
Select one:
a. Achievable
b. Timely
c. Measurable

d. Realistic
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The correct answer is: Realistic.
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________ Business strategies were constrained , controlled and protected by the
Government
Select one:
a. 1947 -1982
b. 1947-1987
c. 1947-1980
d. 1947-1985
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The correct answer is: 1947-1980.
Question 57
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the _____ model can be utilized as a tool for defining a firms core competencies and the
activities in which it can gain competitive advantage
Select one:
a. quality chain
b. competitive Chain
c. value chain
d. Five Forces
Feedback
The correct answer is: value chain.
Question 58
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Flag question

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_________ benchmarking deals with top management.
Select one:
a. Functional
b. Operational
c. Strategic
d. Financial
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The correct answer is: Strategic.
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Steps in Environmental Scanning Model are Scanning , ________ , Forecasting , Monitoring
________
Select one:
a. Recording
b. Evaluating
c. Analysing
d. studying
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The correct answer is: Evaluating.
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These days ______ companies are providing, offshore facilities, project management,
program management, management consulting services etc.
Select one:
a. Export
b. Chemical

c. IT
d. Sourcing
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The correct answer is: IT.
Question 61
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In Corporate Level Strategy ________ headquarters play the crucial role here.
Select one:
a. Functional
b. Operational
c. Business
d. Corporate
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The correct answer is: Corporate.
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Strategy formulation needs ________ factors to be considered.
Select one:
a. Two
b. three
c. five
d. four
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The correct answer is: four.
Question 63
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Question text
Organizational structure and culture are important elements of ____________
Select one:
a. organizational Graph
b. cultural web
c. organizational Policies
d. organizational design
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The correct answer is: organizational design.
Question 64
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Functional Level Strategy also known as ___________ tactics.
Select one:
a. Business
b. Operational
c. functional
d. Corporate
Feedback
The correct answer is: functional.
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________ is to be done at the start of a new project and at each new phase in the running
project.
Select one:
a. Economic value Added
b. Return on Assets
c. Analyzing Risk
d. Shareholder Value Analysis

Feedback
The correct answer is: Analyzing Risk.
Question 66
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There are ______ levels of Grand strategies moving top to down
Select one:
a. four
b. Three
c. two
d. five
Feedback
The correct answer is: four.
Question 67
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Competence is measured by __________.
Select one:
a. Advantage
b. Rating
c. Opportunity
d. capability
Feedback
The correct answer is: capability.
Question 68
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_____________ highlights and verifies whether these are valid premises or not.

Select one:
a. Premise control
b. Strategic Surveillance
c. Special alert control
d. Implementation control
Feedback
The correct answer is: Premise control.
Question 69
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_________dynamics - electoral eg, will tax policy change?
Select one:
a. Technological
b. Political
c. Economic
d. Social
Feedback
The correct answer is: Political.
Question 70
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_________ Level Strategy focuses its concern to the particulars of a specific market.
Select one:
a. Functional
b. Business
c. Corporate
d. Operational
Feedback
The correct answer is: Business.
Question 71

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_________ level strategy answers the following questions: Who will it serve?
Select one:
a. Operational
b. Business
c. Functional
d. Corporate
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The correct answer is: Business.
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TATA has a proper ____________ System in place to cater to the sensitive unsaid concerns
of its employees
Select one:
a. Marketing management
b. Finance management
c. Human Resource
d. Export management
Feedback
The correct answer is: Human Resource.
Question 73
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__________ is a step further to the learning Curve.
Select one:
a. Experience Curve

b. Competitive curve
c. Predictable rate
d. BCG Approach
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The correct answer is: Experience Curve.
Question 74
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__________ represents the competitive universe of the firm.
Select one:
a. Five Forces Model
b. Competitive profiling
c. operational model
d. Strategic Group Analysis
Feedback
The correct answer is: Five Forces Model.
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TATA has been able to achieve this success because it catered to its _________.
Select one:
a. creditors
b. Debtors
c. Shareholders
d. employees
Feedback
The correct answer is: employees.
Started onFriday, 25 July 2014, 05:40 PM
Completed onFriday, 25 July 2014, 05:42 PM
Time taken1 min 50 secs

Grade0 out of a maximum of 100

FeedbackOOps! you don't seem to have studied at all! You still have some time to catch up !!
Devote some extra hours for this subject! You can still do it, if you try hard!
Question 1
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There are ________ methods of rating opportunity
Select one:
a. one
b. two
c. three
d. four
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The correct answer is: two.
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There are __________ generic strategies
Select one:
a. three
b. four
c. one
d. two
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The correct answer is: three.
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Question text
____ Benchmarking embraces everything from staffing and productivity to office flow and
analysis of procedures performed.
Select one:
a. Performance
b. Strategic
c. Operational
d. Functional
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The correct answer is: Operational.
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_________ concept was introduced by Bruce Handerson.
Select one:
a. Predictable rate
b. Competitive curve
c. Learning Curve
d. Experience Curve
Feedback
The correct answer is: Experience Curve.
Question 5
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_______ benchmarking focuses on comparison with peer companies which can be
considered as alternate investment options by existing investors
Select one:
a. Investor
b. Functional
c. performance
d. Operational

Feedback
The correct answer is: Investor.
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__________ is a set of values, beliefs, norms that are accepted by majority of people in the
organization.
Select one:
a. Policies
b. Culture
c. Quality book
d. Custom
Feedback
The correct answer is: Culture.
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______ level strategy is basically concerned with selection of the business and development
and co-ordination of the portfolio of that business.
Select one:
a. Business
b. Operational
c. Corporate
d. Functional
Feedback
The correct answer is: Corporate.
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Question text
_________ statements give a common cause and a common sense.
Select one:
a. Vision
b. Mission
c. Value
d. All 3 options
Feedback
The correct answer is: Value.
Question 9
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____________ identifies order winners
Select one:
a. Strategic Group Analysis
b. Process profiling
c. Competitive profiling
d. Product profiling
Feedback
The correct answer is: Competitive profiling.
Question 10
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Strategic Group Analysis Helps in identifying _______ competitors
Select one:
a. indirect
b. future
c. prospective
d. direct
Feedback

The correct answer is: direct.

Question 11
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The rate at which the Learning Curve relation operates is known as ___________
Select one:
a. Forcasting rate
b. Predictable rate
c. Competitive rate
d. Unpredictable rate
Feedback
The correct answer is: Predictable rate.
Question 12
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_______ represents the area of expertise of any firm.
Select one:
a. Competence
b. Differentiation
c. Quality
d. Value
Feedback
The correct answer is: Competence.
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The ___________ Level is based on societys laws and norms.

Select one:
a. conventional
b. principled
c. pre-conventional
d. Competence
Feedback
The correct answer is: conventional.
Question 14
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Opportunity is assessed by the ___________ the firm has.
Select one:
a. Demand
b. Supply
c. resources
d. Crediter
Feedback
The correct answer is: resources.
Question 15
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_____ where the firm tries to locate a segment of market within the industry and tries to cater
to the special needs of the customers in that target market.
Select one:
a. Focus and Niche
b. Target
c. Forecast
d. Competitive advantage
Feedback
The correct answer is: Focus and Niche.

Next

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____ Strategic Planning Process is a formal exercise using scanning and forecasting to
generate strategies; clubbing goal setting and implementation to specify objectives
followed by evaluation and eventually monitoring.
Select one:
a. Operational
b. Corporate
c. Functional
d. Divisional
Feedback
The correct answer is: Corporate.
Question 17
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Utilitarian Approach _ ethical behavior is when people behave in such a way that produces
greatest benefit to the society or produces least harm to it
Select one:
a. Individual rights
b. Utilitarian
c. Competitive
d. Justice
Feedback
The correct answer is: Utilitarian.
Question 18
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Daily sales outstanding=(__________)/(Total Sales/360)

Select one:
a. Accounts Receivable
b. Accounts Payable
c. Invested Capital
d. Total stock
Feedback
The correct answer is: Accounts Receivable.
Question 19
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The primary driving forces roughly fall into ______ categories.
Select one:
a. four
b. Three
c. Two
d. Six
Feedback
The correct answer is: four.
Question 20
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Satyam started its operations in ________ and __________.
Select one:
a. UK , Germany
b. China , Dubai
c. China , UK
d. China , Malaysia
Feedback
The correct answer is: China , Dubai.

Question 21
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A competitive advantage can be achieved by reconfiguring the __________ chain
Select one:
a. value
b. quality
c. model
d. top-bottom
Feedback
The correct answer is: value.
Question 22
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This strategy aims at achieving __________.
Select one:
a. accuracy
b. efficiency
c. perfectness
d. Results
Feedback
The correct answer is: efficiency.
Question 23
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According to ____ Five Force Model there are five environmentalelement that a firm needs to
consistently dealwith
Select one:

a. Hendersun
b. Porters
c. bob proter
d. steve mechille
Feedback
The correct answer is: Porters.
Question 24
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________ analysis is a technique for making accept-reject decisions.
Select one:
a. Discounted Cash Flow
b. Benefit-Cost
c. Sensitivity
d. Financial
Feedback
The correct answer is: Benefit-Cost.
Question 25
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Competence is measured by __________.
Select one:
a. Advantage
b. Rating
c. Opportunity
d. capability
Feedback
The correct answer is: capability.
Question 26
Not answered

Marked out of 1
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_________ is all about how you define a market, or how you redefine yourself.
Select one:
a. Scope
b. Vision
c. Value
d. Mission
Feedback
The correct answer is: Vision.
Question 27
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Question text
Growth Strategies are _________ strategies
Select one:
a. One time
b. Long-term
c. Short-term
d. Medium-term
Feedback
The correct answer is: Long-term.
Question 28
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The _________ level is characterized by concern for self.
Select one:
a. conventional
b. pre-conventional
c. principled

d. Competence
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The correct answer is: pre-conventional.
Question 29
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There are _________ main types of renewal strategies
Select one:
a. three
b. five
c. four
d. two
Feedback
The correct answer is: two.
Question 30
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Only firm that can survive the threat of Existence of Substitute Products is one that
possesses some distinctive competencies like ________ etc.
Select one:
a. Cost Cutting
b. Mass Production
c. Quality product
d. Patents
Feedback
The correct answer is: Patents.
Question 31
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Question text
_______represents the collective experience built up over years and all organizations
develop a degree of coherence in their culture to be able to function effectively
Select one:
a. Social web
b. organizational Policies
c. organizational design
d. cultural web
Feedback
The correct answer is: cultural web.
Question 32
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___________ provides a focus to the business
Select one:
a. Process profiling
b. Competitive profiling
c. Strategic Group Analysis
d. Product profiling
Feedback
The correct answer is: Competitive profiling.
Question 33
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_______ diversification is when the firm diversifies into products that are not related to each
other.
Select one:
a. Concentric
b. Focused
c. Conglomerate
d. Targeted

Feedback
The correct answer is: Conglomerate.
Question 34
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________ products limit the potential of an industry by putting a ceiling on the prices other
firms can charge.
Select one:
a. substitute
b. Quality
c. similar
d. Cheap
Feedback
The correct answer is: substitute.
Question 35
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_______ are involved in determining Vision, Mission and the Strategic objective of the firm
Select one:
a. Lower Level Managers
b. Middle Level Managers
c. Marketing Executive
d. Board of Directors
Feedback
The correct answer is: Board of Directors.
Question 36
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In the recent past many Indian IT companies acquired companies in _____and _______
which are having the good customer base
Select one:
a. Middle East , Russia
b. Middle East, Africa
c. Europe , Russia
d. US , Europe
Feedback
The correct answer is: US , Europe.
Question 37
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________ is to be done at the start of a new project and at each new phase in the running
project.
Select one:
a. Analyzing Risk
b. Return on Assets
c. Shareholder Value Analysis
d. Economic value Added
Feedback
The correct answer is: Analyzing Risk.
Question 38
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__________ set up objectives of units as well as their subordinates
Select one:
a. Marketing Executive
b. Middle Level Managers
c. Lower Level Managers
d. Board of Directors
Feedback

The correct answer is: Lower Level Managers.

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include Profitability , Growth {Increase in total Assets}, Utilization of resources {ROE or
ROI} and Market Leadership {Market Share}{=Corporate Goals ~Marketing Goals
~Operational Goals ~Functional Goals}
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The correct answer is: Net Profit.
Question 40
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There are ________ levels of strategies moving top to down
Select one:
a. Six
b. Three
c. four
d. Five
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The correct answer is: four.
Question 41
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________ are the parties interested in a companys financial status.
Select one:
a. Stakeholders
b. Debtors
c. Creditors

d. Bankers
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The correct answer is: Stakeholders.
Question 42
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_____ is by maintaining a large number of dormant companies on whose names they grab
licenses.
Select one:
a. Creation of shortage:
b. Active pre-emption
c. Joint Ventures:
d. Passive pre-emption
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The correct answer is: Passive pre-emption.
Question 43
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_____ depends on the organizations operational factors like its
structure,culture,resources,competencies, technology
Select one:
a. Strategy Evaluation
b. Strategic Analysis
c. Strategic Choice
d. Strategy Implementation
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The correct answer is: Strategy Implementation.
Question 44
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Flag question

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A well defined vision statement should be __________
Select one:
a. Realistic and credible
b. Appropriate and ambitious
c. Specific and flexible.
d. Well articulated and easily understood
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The correct answer is: Realistic and credible.
Question 45
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Financial, Physical, Human resource and Organizational are __________ Resources.
Select one:
a. Invisible
b. Tangible
c. Material
d. Intangible
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The correct answer is: Tangible.
Question 46
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The first task of strategic management is formulation of organizations: _____
Select one:
a. Mission
b. Value
c. All 3 options
d. vision

Feedback
The correct answer is: vision.
Question 47
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____________ is designed to also help communicate and measure goals and performance.
Select one:
a. Benchmarking
b. Strategy Analysis
c. Balanced Scorecard
d. Strategy Evaluation
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The correct answer is: Balanced Scorecard.
Question 48
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___________ is of two types Assessing Strategic Thrust and Milestone Review
Select one:
a. Special alert control
b. Premise control
c. Strategic Surveillance
d. Implementation control
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The correct answer is: Implementation control.
Question 49
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_____represents the relation between number of times a task is done and the cost incurred

in every repetition
Select one:
a. Experience Curve
b. BCG Approach
c. Competitive curve
d. Learning Curve
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The correct answer is: Experience Curve.
Question 50
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_________ level strategy answers the following questions:What are the needs of those
targeted customers that it will satisfy?
Select one:
a. Corporate
b. Operational
c. Functional
d. Business
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The correct answer is: Business.
Question 51
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TATA has been able to achieve this success because it catered to its _________.
Select one:
a. creditors
b. Shareholders
c. employees
d. Debtors
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The correct answer is: employees.

Question 52
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_______ Approach _ a behavior that does not interfere with the rights of others.
Select one:
a. Individual rights
b. Justice
c. Utilitarian
d. Competitive
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The correct answer is: Individual rights.
Question 53
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Strategic plans at times get _________ and difficult to decipher.
Select one:
a. precise
b. over-informative
c. descriptive
d. informative
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The correct answer is: over-informative.
Question 54
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_______ being the second largest conglomerate in India

Select one:
a. Birla
b. TATA
c. Reliance
d. Wipro
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The correct answer is: TATA.
Question 55
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____________ are also known as functional tactics.
Select one:
a. Functional Level Strategy
b. Business Level Strategy
c. Operational Level Strategy
d. Corporate Level Strategy
Feedback
The correct answer is: Functional Level Strategy.
Question 56
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An objective should carry _______ theme at time.
Select one:
a. Four
b. Three
c. one
d. Two
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The correct answer is: one.
Question 57

Not answered
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_____ Objectives are relating to monetary aspects like present worth, future financial position
Select one:
a. Corporate
b. Strategic
c. Financial
d. Marketing
Feedback
The correct answer is: Financial.
Question 58
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Return on Assets = __________/Total Assets
Select one:
a. Total Equity
b. Gross Profit
c. Net Profit
d. Total Profit
Feedback
The correct answer is: Net Profit.
Question 59
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____ is Where the aim of the firm is to provide some sort of uniqueness in its products to
outshine the competing products
Select one:
a. Competitive advantage

b. Substitution
c. Differentiation
d. Similarities
Feedback
The correct answer is: Differentiation.
Question 60
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_________ is the motivator of the organization.
Select one:
a. Scope
b. Vision
c. Value
d. Mission
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The correct answer is: Vision.
Question 61
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________ Business strategies were constrained , controlled and protected by the
Government
Select one:
a. 1947-1985
b. 1947-1987
c. 1947-1980
d. 1947 -1982
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The correct answer is: 1947-1980.
Question 62
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In _______ firms objectives are established for overall company as well as for each division.
Select one:
a. multi-international
b. multi-productline
c. multi-divisional
d. multi-diversified
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The correct answer is: multi-divisional.
Question 63
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The objective of ___________ is to control efficiency, quality, innovation andcresponsiveness
to customers.
Select one:
a. Strategic control approach
b. Economic Value
c. Competitive advantage
d. Financial
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The correct answer is: Strategic control approach.
Question 64
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Examples of ______ are examples are the customer complaint process, the billing process,
the order fulfillment process, and the recruitment process
Select one:
a. Process Benchmarking

b. Strategic benchmarking
c. Functional Benchmarking
d. Operational Benchmarking
Feedback
The correct answer is: Process Benchmarking.
Question 65
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_________ is two or more firms create a jointly owned legal organization to access new
technologies.
Select one:
a. Joint Ventures
b. Creation of shortage
c. Active pre-emption
d. Passive pre-emption
Feedback
The correct answer is: Joint Ventures.
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________ is more like a learning tool than being a management tool.
Select one:
a. Core Competence Analysis
b. PESTLE Analysis
c. Swot Analysis
d. Case Analysis
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The correct answer is: Case Analysis.
Question 67
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Marked out of 1
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_______________ fall depends upon the experience curve rate
Select one:
a. Learning Curve
b. Competitive curve
c. Experience Curve
d. BCG Approach
Feedback
The correct answer is: Experience Curve.
Question 68
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IT Companies Along with business diversification these are also expanding through
_________ diversification
Select one:
a. Technology
b. Product
c. Process
d. geographical
Feedback
The correct answer is: geographical.
Question 69
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_________ resources are the ones which can be seen, touched, documented or quantified.
Select one:
a. Invisible
b. Intangible

c. Material
d. Tangible
Feedback
The correct answer is: Tangible.
Question 70
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Strategy is a direction and not a ________.
Select one:
a. plan
b. destination
c. Result
d. Action
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The correct answer is: plan.
Question 71
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Business ___________ is a branch of study of ethical behavior in corporate world.
Select one:
a. Strategy
b. Behaviour
c. Custom
d. Ethics
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The correct answer is: Ethics.
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Question text
A __________ statement should speak loudly and clearly for them, elicit personal effort and
dedication and generate enthusiasm for the firms future _ strategy of the organization.
Select one:
a. Strategy
b. vision
c. Value
d. Mission
Feedback
The correct answer is: vision.
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In Building a Scorecard ____ Round Implementation {=Second ~First ~Third ~Fourth}
Answer:
Feedback
The correct answer is: workshop senior manager, direct subordinates, middle managers.
Question 74
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________ objective relate to those objective that need to be accomplished in any time
beyond a 12 month period
Select one:
a. One time
b. long-range
c. Short-range
d. Medium-range
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The correct answer is: long-range.

Question 75
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__________ Approach Decision makers should be equitable, fair and impartial.
Select one:
a. Individual rights
b. Justice
c. Competitive
d. Utilitarian
Feedback
The correct answer is: Justice.

Started onFriday, 25 July 2014, 11:49 AM

Completed onFriday, 25 July 2014, 12:10 PM
Time taken20 mins 59 secs
Grade20 out of a maximum of 100
FeedbackOOps! you don't seem to have studied at all! You still have some time to catch up !!
Devote some extra hours for this subject! You can still do it, if you try hard!
Question 1
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Return on Assets = Net Profit/__________.
Select one:
a. Total Assets
b. Invested Capital
c. Net Loss
d. Total Laibility
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The correct answer is: Total Assets.

Question 2
Correct
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Examples of _______companies which implemented generic strategies are DuPont and
Texas Instrument
Select one:
a. Focus and Niche
b. Cost leadership
c. Competitive advantage
d. Differentiation
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The correct answer is: Cost leadership.
Question 3
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Balanced Scorecard identifies _________ core processes:
Select one:
a. Seven
b. Six
c. five
d. four
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The correct answer is: four.
Question 4
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________ are the parties interested in a companys financial status.
Select one:

a. Debtors
b. Stakeholders
c. Bankers
d. Creditors
Feedback
The correct answer is: Stakeholders.
Question 5
Correct
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Question text
Benchmarking is one of the methods used by the firms to assess their positioning in the
industry.
Select one:
a. Benchmarking
b. Brainstorming
c. Balanced scorecard
d. Value chain analysis
Feedback
The correct answer is: Benchmarking.
Question 6
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_________ resources are the ones which can be seen, touched, documented or quantified.
Select one:
a. Material
b. Invisible
c. Intangible
d. Tangible
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The correct answer is: Tangible.
Question 7

Correct
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The limitations in the traditional long-term planning model lead to the development of
________ Scanning Model
Select one:
a. Performance
b. Strategic
c. Environmental
d. Result
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The correct answer is: Environmental.
Question 8
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___________ answers how much profit a firm is making by the use of its assets
Select one:
a. Return on Assets
b. Economic value Added
c. Shareholder Value Analysis
d. Cash Flow
Feedback
The correct answer is: Return on Assets.
Question 9
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TATA has a proper ____________ System in place to cater to the sensitive unsaid concerns
of its employees
Select one:

a. Finance management
b. Human Resource
c. Export management
d. Marketing management
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The correct answer is: Human Resource.
Question 10
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__________ planning is the Way to communicate the intent of management.
Select one:
a. Strategic
b. procurement
c. production
d. Functional
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The correct answer is: Strategic.
Question 11
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___________ resources cannot be seen, touched, documented or quantified
Select one:
a. Material
b. Intangible
c. Visible
d. Tangible
Feedback
The correct answer is: Intangible.
Question 12

Correct
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__________ represents the competitive universe of the firm.
Select one:
a. Competitive profiling
b. operational model
c. Five Forces Model
d. Strategic Group Analysis
Feedback
The correct answer is: Five Forces Model.
Question 13
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_______________ fall depends upon the experience curve rate
Select one:
a. Competitive curve
b. Learning Curve
c. BCG Approach
d. Experience Curve
Feedback
The correct answer is: Experience Curve.
Question 14
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________ tries to evaluate the key cash generators of the business which are called value
drivers.
Select one:
a. Cash Flow

b. Shareholder Value Analysis

c. Return on Assets
d. Economic value Added
Feedback
The correct answer is: Shareholder Value Analysis.
Question 15
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The 7 elements of McKinseys model are Shared
values,Structure,System,Strategy,_______,Staff,Skill.
Select one:
a. socialize
b. scope
c. Style
d. Sensitivity
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The correct answer is: Style.
Question 16
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_________ statements give a common cause and a common sense.
Select one:
a. Mission
b. Vision
c. Value
d. All 3 options
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The correct answer is: Value.
Question 17
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Strategy formulation needs ________ factors to be considered.
Select one:
a. Two
b. four
c. three
d. five
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The correct answer is: four.
Question 18
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_______ are involved in determining Vision, Mission and the Strategic objective of the firm
Select one:
a. Marketing Executive
b. Board of Directors
c. Middle Level Managers
d. Lower Level Managers
Feedback
The correct answer is: Board of Directors.
Question 19
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Strategic Group Analysis Helps in identifying _______ competitors
Select one:
a. prospective
b. indirect
c. future

d. direct
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The correct answer is: direct.
Question 20
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__________ is a set of values, beliefs, norms that are accepted by majority of people in the
organization.
Select one:
a. Culture
b. Policies
c. Quality book
d. Custom
Feedback
The correct answer is: Culture.
Question 21
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In _______ firms objectives are established for overall company as well as for each division.
Select one:
a. multi-divisional
b. multi-diversified
c. multi-productline
d. multi-international
Feedback
The correct answer is: multi-divisional.
Question 22
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Flag question

Question text
__________ set up objectives of units as well as their subordinates
Select one:
a. Middle Level Managers
b. Marketing Executive
c. Lower Level Managers
d. Board of Directors
Feedback
The correct answer is: Lower Level Managers.
Question 23
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Question text
Strategic plans at times get _________ and difficult to decipher.
Select one:
a. precise
b. informative
c. descriptive
d. over-informative
Feedback
The correct answer is: over-informative.
Question 24
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Question text
In _______ benchmarking, organizations want to look at where their product or services are
in relation to competitors on the basis of things such as reliability, quality, speed, and other
product or service characteristics.
Select one:
a. Best in class
b. Strategic

c. Financial
d. performance
Feedback
The correct answer is: performance.
Question 25
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The _________ level is characterized by concern for self.
Select one:
a. principled
b. pre-conventional
c. Competence
d. conventional
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The correct answer is: pre-conventional.
Question 26
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________ products limit the potential of an industry by putting a ceiling on the prices other
firms can charge.
Select one:
a. Cheap
b. similar
c. Quality
d. substitute
Feedback
The correct answer is: substitute.
Question 27
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Flag question

Question text
::1::______ is gaining monopoly above, they hoarded the excess produce,supplying only at
the previous level, thereby creating artificial shortage in the market leading to price rise.
Select one:
a. Passive pre-emption
b. Creation of shortage
c. Joint Ventures:
d. Active pre-emption
Feedback
The correct answer is: Creation of shortage.
Question 28
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_________ Planning Provides a structured means of analysis and thinking about complex
strategic problems.
Select one:
a. Functional
b. Strategic
c. Operational
d. Performance
Feedback
The correct answer is: Strategic.
Question 29
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Diversification typically takes _________ Integration forms along your value chain
Select one:
a. Regional
b. Geographical

c. Vertical
d. Horizontal
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The correct answer is: Vertical.
Question 30
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The ______ are involved in setting up objectives for the Key Result Areas, divisional levels,
departmental and individual levels.
Select one:
a. Board of Directors
b. Lower Level Managers
c. Marketing Executive
d. Middle Level Managers
Feedback
The correct answer is: Middle Level Managers.
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A well defined vision statement should be __________
Select one:
a. Appropriate and ambitious
b. Well articulated and easily understood
c. Specific and flexible.
d. Realistic and credible
Feedback
The correct answer is: Realistic and credible.
Question 32
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Flag question

Question text
_________ scope of objectives should be within the bounds of business fit
Select one:
a. Achievable
b. Measurable
c. Timely
d. Realistic
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The correct answer is: Realistic.
Question 33
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_______ Objectives are relating to companys market position and competitiveness.
Select one:
a. Corporate
b. Marketing
c. Strategic
d. Financial
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The correct answer is: Strategic.
Question 34
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__________ Competence cannot be replicated by competitors. Eg Patents
Select one:
a. Distinctive
b. Reproducible
c. Competitive
d. Opportunity

Feedback
The correct answer is: Distinctive.
Question 35
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_________ Control strategy is built around certain premises about future events.
Select one:
a. Implementation
b. Special alert
c. Premise
d. Strategic Surveillance
Feedback
The correct answer is: Premise.
Question 36
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_______ being the second largest conglomerate in India
Select one:
a. Reliance
b. Birla
c. TATA
d. Wipro
Feedback
The correct answer is: TATA.
Question 37
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_____ Approach is based on improving the competitive capacity of providing a high level of

autonomy to the operating units.

Select one:
a. Strategic control
b. Financial
c. Economic Value
d. Competitive advantage
Feedback
The correct answer is: Strategic control.
Question 38
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____________ is designed to also help communicate and measure goals and performance.
Select one:
a. Strategy Evaluation
b. Benchmarking
c. Strategy Analysis
d. Balanced Scorecard
Feedback
The correct answer is: Balanced Scorecard.
Question 39
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___________ provides a focus to the business
Select one:
a. Strategic Group Analysis
b. Competitive profiling
c. Process profiling
d. Product profiling
Feedback
The correct answer is: Competitive profiling.

Question 40
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_______ level strategies are detailed plans that are undertaken to achieve short-term
objectives and establish competitive edge.
Select one:
a. Business
b. Functional
c. Corporate
d. Operational
Feedback
The correct answer is: Functional.
Question 41
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Question text
The primary driving forces roughly fall into ______ categories.
Select one:
a. Two
b. Six
c. four
d. Three
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The correct answer is: four.
Question 42
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There are ____ generic strategies that arise in response to these five forces model

Select one:
a. three
b. two
c. four
d. five
Feedback
The correct answer is: three.
Question 43
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Environmental Scanning Model is a _____ step model
Select one:
a. Five
b. four
c. Two
d. Three
Feedback
The correct answer is: four.
Question 44
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Competence is measured by __________.
Select one:
a. capability
b. Opportunity
c. Advantage
d. Rating
Feedback
The correct answer is: capability.
Question 45

Not answered
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Diversification typically takes ________ Integration forms moving into new industry
Select one:
a. Regional
b. Horizontal
c. Geographical
d. Vertical
Feedback
The correct answer is: Horizontal.
Question 46
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Question text
_____ is by maintaining a large number of dormant companies on whose names they grab
licenses.
Select one:
a. Passive pre-emption
b. Active pre-emption
c. Joint Ventures:
d. Creation of shortage:
Feedback
The correct answer is: Passive pre-emption.
Question 47
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______________ is Short-term Strategies
Select one:
a. Corporate Parenting

b. Growth Strategies
c. Corporate Revival
d. Portfolio Analysis
Feedback
The correct answer is: Corporate Revival.
Question 48
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Question text
IT Companies Along with business diversification these are also expanding through
_________ diversification
Select one:
a. Product
b. Process
c. geographical
d. Technology
Feedback
The correct answer is: geographical.
Question 49
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There are ______ levels of Grand strategies moving top to down
Select one:
a. two
b. Three
c. five
d. four
Feedback
The correct answer is: four.
Question 50
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Marked out of 2
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___________ was developed by Michael Porter.
Select one:
a. Five Forces Model
b. Competitive profiling
c. operational model
d. Strategic Group Analysis
Feedback
The correct answer is: Five Forces Model.
Question 51
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Financial, Physical, Human resource and Organizational are __________ Resources.
Select one:
a. Material
b. Invisible
c. Tangible
d. Intangible
Feedback
The correct answer is: Tangible.
Question 52
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Question text
SWOT is an acronym that stands for ________, Weakness, ________ and Threats
Select one:
a. Strategy , Operational
b. Strength, Opportunity
c. Strong , Option

d. Support , Opinion
Feedback
The correct answer is: Strength, Opportunity.
Question 53
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the _____ model can be utilized as a tool for defining a firms core competencies and the
activities in which it can gain competitive advantage
Select one:
a. value chain
b. quality chain
c. competitive Chain
d. Five Forces
Feedback
The correct answer is: value chain.
Question 54
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__________ concept was introduced in 19th century by _Herman Ebinghaus
Select one:
a. Experience Curve
b. Competitive curve
c. Learning Curve
d. BCG Approach
Feedback
The correct answer is: Learning Curve.
Question 55
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Question text
__________ can exercise power by increasing prices or changing the quality of the goods
Select one:
a. Suppliers
b. Traders
c. Buyers
d. Manufacturer
Feedback
The correct answer is: Suppliers.
Question 56
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Tata has business in more than _______ countries with staff strength above ________ lakh.
Select one:
a. 80 , three
b. 50 , three
c. 70 , two
d. 60 , Four
Feedback
The correct answer is: 80 , three.
Question 57
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Opportunity and threats and societal expectations are _________
Select one:
a. Value Chain Factors
b. Internal Factors
c. External Factors
d. basic factor
Feedback

The correct answer is: External Factors.

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_________ level strategy answers the following questions:What are the needs of those
targeted customers that it will satisfy?
Select one:
a. Corporate
b. Functional
c. Business
d. Operational
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The correct answer is: Business.
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A mission statement incorporates three distinct and identifiable components Which of the
option is not one of them:
Select one:
a. Expansion
b. Distinction
c. Contribution
d. The key market
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The correct answer is: Expansion.
Question 60
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Organizational structure and culture are important elements of ____________

Select one:
a. organizational Policies
b. organizational Graph
c. cultural web
d. organizational design
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The correct answer is: organizational design.
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____ is where the aim of the firm is to keep its cost lowest possible as compared to the rivals
and try to attract consumers through price reduction.
Select one:
a. Cost Cutting
b. Cost Management
c. Cost leadership
d. Cost Planning
Feedback
The correct answer is: Cost leadership.
Question 62
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Question text
A competitive advantage can be achieved by reconfiguring the __________ chain
Select one:
a. value
b. quality
c. top-bottom
d. model
Feedback

The correct answer is: value.

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_____ Level Strategy is mainly concerned with overall scope of the organization
Select one:
a. Business
b. Operational
c. Functional
d. Corporate
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The correct answer is: Corporate.
Question 64
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_________ states what the founder intends to achieve.
Select one:
a. Mission
b. Value
c. Vision
d. Scope
Feedback
The correct answer is: Mission.
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________ refers to a state where a firm enjoys the benefits of economies of scale.

Select one:
a. saves money as it produces higher quantities due to its good strategy implementation
b. Differentiation
c. Focus and Niche
d. Competitive advantage
Feedback
The correct answer is: saves money as it produces higher quantities due to its good strategy
implementation.
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There are __________ generic strategies
Select one:
a. two
b. one
c. four
d. three
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The correct answer is: three.
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__________ Approach Decision makers should be equitable, fair and impartial.
Select one:
a. Justice
b. Competitive
c. Utilitarian
d. Individual rights
Feedback
The correct answer is: Justice.

Question 68
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Satyam started its operations in ________ and __________.
Select one:
a. China , Dubai
b. UK , Germany
c. China , UK
d. China , Malaysia
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The correct answer is: China , Dubai.
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_____ involves creating a simple profile of how products and processes match up to what the
market wants and what the competitors can supply
Select one:
a. Process profiling
b. Competitive profiling
c. Strategic Group Analysis
d. Product profiling
Feedback
The correct answer is: Competitive profiling.
Question 70
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There are ___________ broad classifications for types of diversification
Select one:

a. four
b. five
c. two
d. three
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The correct answer is: two.
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There are ________ levels of strategies moving top to down
Select one:
a. four
b. Three
c. Six
d. Five
Feedback
The correct answer is: four.
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_________ benchmarking deals with top management.
Select one:
a. Strategic
b. Financial
c. Operational
d. Functional
Feedback
The correct answer is: Strategic.
Question 73
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Growth Strategies are _________ strategies
Select one:
a. Long-term
b. Medium-term
c. One time
d. Short-term
Feedback
The correct answer is: Long-term.
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The first task of strategic management is formulation of organizations: _____
Select one:
a. All 3 options
b. vision
c. Value
d. Mission
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The correct answer is: vision.
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In Fit Concept we can mention about the _________ framework of McKinsey
Select one:
a. 6-S
b. 8-S
c. 5-S

d. 7-S
Feedback
The correct answer is: 7-S

Started onFriday, 25 July 2014, 12:15 PM

Completed onFriday, 25 July 2014, 12:41 PM
Time taken26 mins 22 secs
Grade35 out of a maximum of 100
FeedbackOOps! you don't seem to have studied at all! You still have some time to catch up !!
Devote some extra hours for this subject! You can still do it, if you try hard!
Question 1
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Organizations _______ is a set of assumptions about the organization that have been
internalized.
Select one:
a. cultural web
b. organizational Policies
c. Social web
d. organizational design
Feedback
The correct answer is: cultural web.
Question 2
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__________ planning is the Way to communicate the intent of management.
Select one:
a. Functional
b. production

c. Strategic
d. procurement
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The correct answer is: Strategic.
Question 3
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SWOT is an acronym that stands for ________, Weakness, ________ and Threats
Select one:
a. Support , Opinion
b. Strong , Option
c. Strength, Opportunity
d. Strategy , Operational
Feedback
The correct answer is: Strength, Opportunity.
Question 4
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______ is seen in the possibility of unforeseen fluctuations or derivations in its expected cash
flows.
Select one:
a. Risk
b. benefits
c. treats
d. Opportunities
Feedback
The correct answer is: Risk.
Question 5
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Question text
Diversification typically takes _________ Integration forms to open up new markets
Select one:
a. Vertical
b. Geographical
c. Horizontal
d. Regional
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The correct answer is: Geographical.
Question 6
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_______ are concerned with how the component parts of an organization deliver effectively
the corporate and business-level strategies in terms of resources, processes and people.
Select one:
a. Operational Level Strategy
b. Business Level Strategy
c. Corporate Level Strategy
d. Functional Level Strategy
Feedback
The correct answer is: Operational Level Strategy.
Question 7
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_________ are a way of understanding the dynamics shaping the future.
Select one:
a. Strategy
b. Scenarios

c. Planning
d. Forecast
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The correct answer is: Scenarios.
Question 8
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Examples of _______companies which implemented generic strategies are Apple, Rolls
Royce
Select one:
a. Differentiation
b. Cost leadership
c. Focus and Niche
d. Competitive advantage
Feedback
The correct answer is: Focus and Niche.
Question 9
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IT Companies Along with business diversification these are also expanding through
_________ diversification
Select one:
a. Process
b. Product
c. Technology
d. geographical
Feedback
The correct answer is: geographical.
Question 10
Correct

Mark 1 out of 1
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Question text
Elements of ___________ are Paradigms
Select one:
a. Social web
b. cultural web
c. organizational design
d. organizational Policies
Feedback
The correct answer is: cultural web.
Question 11
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________ are the parties interested in a companys financial status.
Select one:
a. Creditors
b. Bankers
c. Stakeholders
d. Debtors
Feedback
The correct answer is: Stakeholders.
Question 12
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____________ are also known as functional tactics.
Select one:
a. Business Level Strategy
b. Functional Level Strategy

c. Operational Level Strategy

d. Corporate Level Strategy
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The correct answer is: Functional Level Strategy.
Question 13
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Question text
Critical Success Factors is the most ________ features of an organization.
Select one:
a. unique
b. critical
c. differentiation
d. Competitive
Feedback
The correct answer is: critical.
Question 14
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_______ Objectives are relating to companys market position and competitiveness.
Select one:
a. Strategic
b. Marketing
c. Corporate
d. Financial
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The correct answer is: Strategic.
Question 15
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Question text
___________ resources cannot be seen, touched, documented or quantified
Select one:
a. Tangible
b. Material
c. Visible
d. Intangible
Feedback
The correct answer is: Intangible.
Question 16
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_________ focuses its concern to the particulars of a specific market.
Select one:
a. Functional Level Strategy
b. Business Level Strategy
c. Operational Level Strategy
d. Corporate Level Strategy
Feedback
The correct answer is: Business Level Strategy.
Question 17
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________ involves differentiating it from competitors products as well as a firm's own
product.
Select one:
a. Diversification
b. Focus and Niche
c. Differentiation
d. Competitive advantage

Feedback
The correct answer is: Diversification.
Question 18
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____says that a company creates value for owners only when its operating income exceeds
the cost of capital.
Select one:
a. Return on Assets
b. Economic value Added
c. Cash Flow
d. Shareholder Value Analysis
Feedback
The correct answer is: Economic value Added.
Question 19
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Strategy formulation needs ________ factors to be considered.
Select one:
a. Two
b. three
c. five
d. four
Feedback
The correct answer is: four.
Question 20
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Question text

_______assessment is generally done as part of feasibility study.

Select one:
a. Opportunities
b. benefits
c. treats
d. Risk
Feedback
The correct answer is: Risk.
Question 21
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Question text
A curve that depicts a 15% cost reduction for every doubling of output is called an _____
experience curve
Select one:
a. 0.95
b. 0.65
c. 0.75
d. 0.85
Feedback
The correct answer is: 0.85.
Question 22
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______ has proved it that objective setting is best when it is not restricted by a particular flow.
Select one:
a. Wipro
b. L&T
c. Tata
d. Reliance
Feedback

The correct answer is: Wipro.

Question 23
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___________ is Resource allocation and Centralized management of Business Units
Select one:
a. Portfolio Analysis
b. Corporate Revival
c. Corporate Parenting
d. Growth Strategies
Feedback
The correct answer is: Corporate Parenting.
Question 24
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Question text
____ is where the aim of the firm is to keep its cost lowest possible as compared to the rivals
and try to attract consumers through price reduction.
Select one:
a. Cost Cutting
b. Cost Management
c. Cost leadership
d. Cost Planning
Feedback
The correct answer is: Cost leadership.
Question 25
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Question text
The ________ Level is characterized by a persons internal moral code.

Select one:
a. pre-conventional
b. conventional
c. Competence
d. principled
Feedback
The correct answer is: principled.
Question 26
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Question text
There are __________ versions of benefit-cost analysis
Select one:
a. two
b. five
c. four
d. three
Feedback
The correct answer is: two.
Question 27
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Question text
_______represents the collective experience built up over years and all organizations
develop a degree of coherence in their culture to be able to function effectively
Select one:
a. Social web
b. organizational design
c. cultural web
d. organizational Policies
Feedback
The correct answer is: cultural web.

Question 28
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Question text
Opportunity and threats and societal expectations are _________
Select one:
a. basic factor
b. External Factors
c. Internal Factors
d. Value Chain Factors
Feedback
The correct answer is: External Factors.
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_______ analysis is a method which calculates the present value of a future cash amount.
Select one:
a. Financial
b. Benefit-Cost
c. Sensitivity
d. Discounted Cash Flow
Feedback
The correct answer is: Discounted Cash Flow.
Question 30
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Question text
Environmental Scanning Model is a _____ step model
Select one:
a. Five

b. four
c. Two
d. Three

Question 31
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This strategy aims at achieving __________.
Select one:
a. perfectness
b. efficiency
c. accuracy
d. Results
Feedback
The correct answer is: efficiency.
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______benchmarking focuses on how companies compete
Select one:
a. Best in class
b. Strategic
c. Financial
d. Performance
Feedback
The correct answer is: Strategic.
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Question text
________ can exercise power by forcing down prices or playing competitors to each other.
Select one:
a. Manufacturer
b. Traders
c. Suppliers
d. Buyers
Feedback
The correct answer is: Buyers.
Question 34
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Example of __________ resources are Technology, Innovation and Reputation
Select one:
a. Material
b. Tangible
c. Intangible
d. Visible
Feedback
The correct answer is: Intangible.
Question 35
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________ dynamics _ quantitative and demography related eg, how will be the youth of
tomorrow?
Select one:
a. Political
b. Technological
c. Economic
d. Social

Feedback
The correct answer is: Social.
The correct answer is: four.

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scenario planning highlights the ________ forces that can push the future into various
directions.
Select one:
a. sales
b. large-scale
c. Small-scale
d. Meidum-scale
Feedback
The correct answer is: large-scale.
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Steps in Environmental Scanning Model are Scanning , ________ , Forecasting , Monitoring
________
Select one:
a. Recording
b. studying
c. Analysing
d. Evaluating
Feedback
The correct answer is: Evaluating.

Question 38
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There are ___________ broad classifications for types of diversification
Select one:
a. three
b. two
c. four
d. five
Feedback
The correct answer is: two.
Question 39
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_____ involves creating a simple profile of how products and processes match up to what the
market wants and what the competitors can supply
Select one:
a. Process profiling
b. Product profiling
c. Competitive profiling
d. Strategic Group Analysis
Feedback
The correct answer is: Competitive profiling.
Question 40
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Question text
Growth Strategies are _________ strategies
Select one:

a. Short-term
b. One time
c. Medium-term
d. Long-term
Feedback
The correct answer is: Long-term.

Question 41
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Porter identified _________ drivers for uniqueness
Select one:
a. 6
b. 5
c. 7
d. 8
Feedback
The correct answer is: 7.
Question 42
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Cash _________ generate a lot of cash.
Select one:
a. Cow
b. Horse
c. Bird
d. Tiger
Feedback
The correct answer is: Cow.

Question 43
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___________ statements give a common cause and a common sense.
Select one:
a. Mission
b. Value
c. Vision
d. Strategy
Feedback
The correct answer is: Value.
Question 44
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__________ Approach Decision makers should be equitable, fair and impartial.
Select one:
a. Individual rights
b. Justice
c. Utilitarian
d. Competitive
Feedback
The correct answer is: Justice.
Question 45
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__________ can exercise power by increasing prices or changing the quality of the goods
Select one:
a. Traders

b. Buyers
c. Suppliers
d. Manufacturer
Feedback
The correct answer is: Suppliers.
Question 46
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________ objectives specify the speed and level of performance.
Select one:
a. Medium-range
b. Short-range
c. One time
d. Long-range
Feedback
The correct answer is: Short-range.
Question 47
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___________ deals with the dynamics around the fit concept.
Select one:
a. Capabilities
b. Stretch Concept
c. Core Competence
d. Value Concept
Feedback
The correct answer is: Stretch Concept.
Question 48
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Flag question

Question text
Objectives list should be kept ______ so that it is motivation enough for the employees.
Select one:
a. Descriptive
b. short
c. Clear
d. Long
Feedback
The correct answer is: short.
Question 49
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Strength and Weakness and personal values of implementer are _________
Select one:
a. Value Chain Factors
b. External Factors
c. basic factor
d. Internal Factors
Feedback
The correct answer is: Internal Factors.
Question 50
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Opportunity is assessed by the ___________ the firm has.
Select one:
a. resources
b. Supply
c. Demand
d. Crediter

Feedback
The correct answer is: resources.
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Each business prepare its own objectives which are supposed to be examined on the basis
of ____ variablesSelect one:
a. Seven
b. Five
c. Four
d. Six
Feedback
The correct answer is: Six.
Question 52
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_____ are those components of strategy where the company must excel to outperform
competitors.
Select one:
a. CFSs
b. FSCs
c. SCFs
d. CSFs
Feedback
The correct answer is: CSFs.
Question 53
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Question text
_________ is the motivator of the organization.
Select one:
a. Vision
b. Mission
c. Value
d. Scope
Feedback
The correct answer is: Vision.
Question 54
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Question text
Organizational structure and culture are important elements of ____________
Select one:
a. cultural web
b. organizational design
c. organizational Policies
d. organizational Graph
Feedback
The correct answer is: organizational design.
Question 55
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Question text
Functional Level Strategy also known as ___________ tactics.
Select one:
a. functional
b. Corporate
c. Operational
d. Business
Feedback

The correct answer is: functional.

Question 56
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Question text
CSF analysis into ______- identify the performance standards that needs to be achieved.
Select one:
a. Information requirement
b. Key Decisions
c. performance standards
d. Identification
Feedback
The correct answer is: Information requirement.
Question 57
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_______ is grabbing a disproportionately larger share of licenses either directly or indirectly
through proxy.
Select one:
a. Active pre-emption
b. Passive pre-emption
c. Creation of shortage
d. Joint Ventures
Feedback
The correct answer is: Active pre-emption.
Question 58
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In _______ firms objectives are established for overall company as well as for each division.

Select one:
a. multi-divisional
b. multi-diversified
c. multi-productline
d. multi-international
Feedback
The correct answer is: multi-divisional.
Question 59
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________ analysis also beneficial in assessing the profitability of various projects and make
decisions accordingly.
Select one:
a. Sensitivity
b. Benefit-Cost
c. Financial
d. Discounted Cash Flow
Feedback
The correct answer is: Discounted Cash Flow.
Question 60
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Question text
Post independence period w.r.t. industrialization can be divided into _______ phases.
Select one:
a. three
b. ive
c. two
d. four
Feedback
The correct answer is: three.

Question 61
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Question text
Once the value chain is defined a ____ analysis can be performed by assigning costs to the
value chain activities.
Select one:
a. five forces model
b. cost
c. Strategic Group
d. competitive
Feedback
The correct answer is: cost.
Question 62
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Question text
To become a research-based international pharmaceutical company is a mission statement
of ________.
Select one:
a. DHL
b. Ranbaxy Laboratories
c. Infosys
d. Wipro
Feedback
The correct answer is: Ranbaxy Laboratories.
Question 63
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__________ is simply a ratio between the benefits expected and costs required in a project

Select one:
a. Benefit-Cost
b. Sensitivity
c. Financial
d. Discounted Cash Flow
Feedback
The correct answer is: Benefit-Cost.
Question 64
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Question text
_________ states what the founder intends to achieve.
Select one:
a. Scope
b. Mission
c. Value
d. Vision
Feedback
The correct answer is: Mission.
Question 65
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Question text
The ______ are involved in setting up objectives for the Key Result Areas, divisional levels,
departmental and individual levels.
Select one:
a. Board of Directors
b. Lower Level Managers
c. Middle Level Managers
d. Marketing Executive
Feedback
The correct answer is: Middle Level Managers.

Question 66
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_______ level strategies are detailed plans that are undertaken to achieve short-term
objectives and establish competitive edge.
Select one:
a. Functional
b. Business
c. Operational
d. Corporate
Feedback
The correct answer is: Functional.
Question 67
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Question text
the _____ model can be utilized as a tool for defining a firms core competencies and the
activities in which it can gain competitive advantage
Select one:
a. quality chain
b. competitive Chain
c. value chain
d. Five Forces
Feedback
The correct answer is: value chain.
Question 68
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::1::______ is gaining monopoly above, they hoarded the excess produce,supplying only at
the previous level, thereby creating artificial shortage in the market leading to price rise.

Select one:
a. Creation of shortage
b. Passive pre-emption
c. Active pre-emption
d. Joint Ventures:
Feedback
The correct answer is: Creation of shortage.
Question 69
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include Profitability , Growth {Increase in total Assets}, Utilization of resources {ROE or
ROI} and Market Leadership {Market Share}{=Corporate Goals ~Marketing Goals
~Operational Goals ~Functional Goals}
Feedback
The correct answer is: Net Profit.
Question 70
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The objective of ___________ is to control efficiency, quality, innovation andcresponsiveness
to customers.
Select one:
a. Economic Value
b. Strategic control approach
c. Competitive advantage
d. Financial
Feedback
The correct answer is: Strategic control approach.
Question 71
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Question text
CSF analysis into ________ _ scrutinize the list to ensure if they are sufficient enough to give
competition and assess its distinctiveness
Select one:
a. Identification
b. Information requirement
c. performance standards
d. Key Decisions
Feedback
The correct answer is: Key Decisions.
Question 72
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__________ is the process of distinguishing a product or service from others, to make it
more attractive to a particular target market.
Select one:
a. Focus and Niche
b. Differentiation
c. Competitive advantage
d. Diversification
Feedback
The correct answer is: Diversification.
Question 73
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Examples of _______companies which implemented generic strategies are DuPont and
Texas Instrument
Select one:
a. Focus and Niche
b. Competitive advantage
c. Differentiation

d. Cost leadership
Feedback
The correct answer is: Cost leadership.
Question 74
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______________ is Short-term Strategies
Select one:
a. Growth Strategies
b. Portfolio Analysis
c. Corporate Revival
d. Corporate Parenting
Feedback
The correct answer is: Corporate Revival.
Question 75
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Balanced Scorecard identifies _________ core processes:
Select one:
a. Seven
b. five
c. four
d. Six
Feedback
The correct answer is: four.