Quiz Submissions - Quiz 1

ADRIAN SAKALA (username: adrian.sakala)

Attempt 1
Written: Jun 16, 2021 1:13 AM - Jun 16, 2021 2:11 AM
Submission View
Released: Sep 26, 2021 9:50 AM

Question 1

Identify the characteristics of vision statement.

Future Focused, Dynamic, Relevant, Challenging,

Inspirational

Structured, Clarity, Relevant, Challenging, Inspirational

Future Focused, Clarity, Directing, Challenging, Inspirational

Future Focused, Clarity, Relevant, Challenging, Inspirational

Question 2
The system by which companies are directed and controlled is
called:

Corporate regulations

Corporate administration
 Corporate compliance

Corporate governance

Question 3
Strategy is a tool for utilizing ________________dynamically in a
changing environment.

Resources and skill sets

Opportunities and resources

Skill sets and opportunities

Opportunities and skill sets

Question 4
Identify the economy where the government has major control over
all activities.

Mixed Economy

Capitalist Economy

Socialist Economy

Question 5
 Strategic management is the set of _______________
and_______________ in formulation and implementation of strategies
designed to achieve the objectives of an organisation.

Policies and Programs

Plans and Actions

Decisions and Action

Objectives and Goals

Question 6
Expectations, one of the factors to be considered for environmental
scanning are the:

Relevant and specific incidents which take place in the

different environmental factors.

General courses of action along which the events take place.

Demands and requirements of the concerned groups in view

of the trends and issues.

Current matters that may arise as a result of the events and

trends.

Question 7
State whether the given statement is TRUE/FALSE.
The purpose of having a well defined strategic intent is to ensure
 that the employees understand, believe and live according to it.

True
False

Question 8
State whether the given statement is TRUE/FALSE.
The four stages of strategic management process are formulation,
implementation, evaluation and control.

True
False

Question 9
Select the tool that encourages management into proactive and
structured thinking in its decision making.

PESTLE analysis

SWOT analysis

QUEST analysis

Regression analysis

Question 10
The framework for establishing good corporate governance and
accountability was originally set up by:

Hampel Committee
 Greenbury Committee

Cadbury Committee

Nestle Committee

Attempt Score:5 / 10 - 50 %
Overall Grade (highest attempt):5 / 10 - 50 %

Done
Quiz Submissions - Quiz 2
ADRIAN SAKALA (username: adrian.sakala)

Attempt 1
Written: Jun 30, 2021 1:12 PM - Jun 30, 2021 1:30 PM
Submission View
Released: Sep 26, 2021 9:51 AM

Question 1

Utilitarian customers are the ones who seek value and are generally
price sensitive.

True
False

Question 2
 Identify the most fundamental and persistent advantage that the
target companies possess over its competitors over the very long
term.

Competitive advantage

Persistent advantage

Strategic advantage

Short term advantage

Question 3
Choose the first step in VIRO framework.

Combine firm’s quality into particular capacities

Appraise-profit potential, sustainable competitive advantage,

ability to convert it to a profitable proposition

Identify firm’s assets Strengths and Weaknesses

Select strategy -firm’s resources & capability relative to

external opportunity

Question 4
VIRO stands for:

Valuable, Interesting, Rare & Original

Valuable, Interesting, Rare & Organised

Valuable, Innovation, Rare & Organised

Valuable, Rare, Inimitable & Organized

Question 5
Directional strategy, Portfolio strategy and Corporate parenting
strategy are components of:
 Corporate level strategies

Business level strategies

Functional level strategies

Business-unit level strategies

Question 6
Tapered integration is a scenario where a firm builds positions only
in selected stages of the vertical chain.

True
False

Question 7
Value chain analysis was proposed by:

William F. Glueck

Henry Fayol

Michael Porter

Ian Sanders

Question 8
 Which of the following is NOT the part of Michael Porter’s five force
model?

Entry barriers

Trade union power

Supplier power

Buyer power

Question 9
When a firm combines the activities related to the present activity
on the basis of value chain, is known as

Integration strategy

Horizontal strategy

Forward strategy

Backward strategy

Question 10
 Synergy that occurs when existing price, place, promotion support
each other.

Research and development synergy

 Marketing synergy

Financial synergy

Production synergy

Attempt Score:9 / 10 - 90 %
Overall Grade (highest attempt):9 / 10 - 90 %

Done
Quiz Submissions - Quiz 3
ADRIAN SAKALA (username: adrian.sakala)

Attempt 1
Written: Jul 11, 2021 4:22 AM - Jul 11, 2021 4:42 AM
Submission View
Released: Sep 26, 2021 9:51 AM

Question 1

Strategic analysis tool that is used in industry, government and any

non-profit organization in the word to align business tasks to the
vision and strategy adopted by the organization:

Growth share matrix

SWOT analysis

TOWS analysis

Balance Score Card

Question 2
Choose the correct definition of 'Horizontal merger'.

Two companies which are producing products of one finished

product.
 Two companies with delivering same product and are in direct
competition.

Two companies selling same products in different markets.

Two companies selling different but related products in the

same market.

Question 3
A technique that deals with the internal and the external
atmosphere of the business of a firm.

TOWS analysis

Growth share matrix

SWOT analysis

General electric's stoplight matrix

Question 4
Identify the level of diversification when the firm adopts unrelated
diversification strategy and none of the business have
interlinkages.

Very high diversification

Moderate diversification
 Low diversification

High diversification

Question 5
Which of the following is considered as the best strategy that firms
use to change the situation when their profitability is at stake?

Stability strategy

Defensive strategy

Expansion strategy

Combination strategy

Question 6
Identify the type of alliance where partner companies have unequal
shares in the new a venture created.

Equity strategic alliance

Nonequity strategic alliance

Joint venture

Question 7
 State whether the given statement is True/False.
The divestment strategy is only used when the turnaround strategy
has been proven to be unsuccessful.

True
False

Question 8
Identify the strategy which involves adding new unrelated products
or services for present customers.

Conglomerate diversification strategy

Horizontal diversification strategy

Unrelated diversification strategy

Concentric diversification strategy

Question 9
When the firm develops new products for new markets, this
strategy is known as:

Product development

Market development

Diversification
 Market penetration

Question 10
State whether the given statement is True/False.
The General Electric Company Matrix graphically portrays
differences among divisions (of a firm) in terms of relative market
share position and industry growth rate.

True
False

Attempt Score:7 / 10 - 70 %
Overall Grade (highest attempt):7 / 10 - 70 %

Done
Quiz Submissions - Quiz 4
ADRIAN SAKALA (username: adrian.sakala)

Attempt 1
Written: Aug 1, 2021 9:40 AM - Aug 1, 2021 10:00 AM
Submission View
Released: Sep 26, 2021 9:52 AM

Question 1

Identify the internal aspects of an organization that need to be

aligned together to achieve effectiveness in an organization as per
the 7-S model.

Strategy, Structure, System, Skills, Staff, Style and Shared

values

Strategy, Structure, System, Skills, Staff, Style and Support

Strategy, Structure, Support, Skills, Staff, Style and Shared

values

Strategy, Structure, System, Skills, Staff, Support and Shared

values

Question 2
Choose the four types of internationalisation strategies.

International, Transdomestic, National and Global

 International, Multi domestic, National and Transnational

Domestic, National, International and Global

International, Multi domestic, Global and Transnational

Question 3
A series of repeatable steps performed by stakeholders with a
definite goal:

Strategic advantage

Strategic orientation

Business process

Corporate value

Question 4
Identify the type of unethical behaviour where monopolistic
behaviour is expressed by selling goods at such a low price that all
other smaller competitors are ruined with the passage of time.

Information manipulation

Self-dealing

Anti-competitive behaviour
 Opportunistic exploitation

Question 5
Match the description with the value.
The organization does what is says it will do for members, and staff
follow through on promises; what is promised in a membership is
delivered.

Peak attitude

Performance

Innovation

Integrity

Question 6
State whether the given statement is True/False.
The 7-S model is a valuable tool that helps the company to frame
the organizational design in times of uncertainty.

True
False

Question 7
State whether the given statement is True/False.
Corporate Culture and strategy together decide the present and
future performance of the organization.
 True
False

Question 8

Which of the following structure allows effective knowledge

management since separate areas of skills and resources will be
integrated across organizational boundaries?

Virtual structure

Functional structure

Divisional structure

Matrix structure

Question 9
State whether the given statement is True/False.
Sustainable competitive advantage is the key focus of Strategic
Leadership.

True
False

Question 10
Identify the true statement.

Strategy implementation is a rational process

 Strategy implementation emphasizes on effectiveness.

Strategy implementation follows strategy formulation.

Strategy implementation requires a great deal of initiative

and logical skills.

Attempt Score:9 / 10 - 90 %
Overall Grade (highest attempt):9 / 10 - 90 %

Done
Quiz Submissions - Quiz 5
ADRIAN SAKALA (username: adrian.sakala)

Attempt 1
Written: Aug 17, 2021 2:07 PM - Aug 17, 2021 2:25 PM
Submission View
Released: Sep 26, 2021 9:53 AM

Question 1

Identify the type of strategic change that refers to fundamental

changes in both strategy and culture.

Evolution

Reconstruction

Adaptation

Revolution

Question 2
Which of the following is the cornerstone of effective strategic
evaluation?

Timely and adequate feedback

Consonance and advantage

 Consistency and feasibility

Preconceived notions of the managers

Question 3
State whether true/false.
Explicit knowledge is intangible kind of knowledge, which is
personal in nature, context specific and difficult to translate or
record.

True
False

Question 4
Which of the following refers to the measure of responsiveness of a
strategy of an organisation for the individual trends and set of
trends?

Feasibility

Advantage

Consistency

Consonance

Question 5
Who developed Balanced scorecard?
 Peter Drucker and Kurt Lewin

Rubenstein and Kurt Lewin

Peter Drucker and Richard Rumelt

Robert Kaplan and David Norton

Question 6
Identify the four components of a balanced score card.

Mission, vision, objectives and measures

Mission, perspectives, objectives and measures

Vison, mission, goals and measures

Vision, perspectives, objectives and measures

Question 7
Identify the type of strategic control that helps the management to
take corrective actions at the appropriate time and discontinue the
original strategy that was based on invalid assumptions.

Implementation control

Premise control

Strategic surveillance control

 Special Alert Control

Question 8

Identify the form of change at the organisational level that are

directed towards performance improvement, group cohesion,
dedication and loyalty to the organisation.

Structural change

Process oriented change

People oriented change

Strategic change

Question 9
Who described change as a three-stage process (Unfreeze—Change
—Refreeze)?

Kotter

Kubler

Lewin

John
Question 10
State whether true/false.
House of quality is a matrix that maps customer requirements
against product attributes.

True
False

Attempt Score:8 / 10 - 80 %
Overall Grade (highest attempt):8 / 10 - 80 %

Done
Quiz Submissions - Quiz 6
ADRIAN SAKALA (username: adrian.sakala)

Attempt 1
Written: Aug 26, 2021 3:21 PM - Aug 26, 2021 3:33 PM
Submission View
Released: Sep 26, 2021 9:53 AM

Question 1

Identify the most important entrepreneurial characteristics that is

at the heart of entrepreneurship.

A sense of urgency

Opportunity recognition

Collaboration

Question 2
State whether the given statements are True/False.
1. Technology proliferation affects more in case of low technology
industries.
2. Commercial criteria can be used to determine the success of an
invention whereas technical criteria can be used to determine the
success of an innovation.

1-True,2-False
 1- False,2-False

1-True,2-True

1- False,2-True

Question 3
State whether the given statement True/False.
The productivity of the employees led by strategic leader is not
determined by the leadership style adopted by the leader.

True
False

Question 4
Identify the strategic risk that arises due to sudden technological
obsolescence.

Transition risk

Operational risk

Stagnation risk

Brand risk

Question 5
State whether the given statement is True/False.
Risk Optimization refers to acceptance of loss or benefit arising out
 of a risk when it takes place.

True
False

Question 6
State whether the given statement True/False.

The entrepreneurial mindset is referred to as the ability to notice

new opportunities.

True
False

Question 7
The risk of loss resulting from inadequate or failed internal
processes, people and systems or from any external events is
called as

Market risk

Operational risk

Project risk

Transition risk

Question 8

The central purpose of corporate governance is

 to make managers accountable to shareholders.

to ensure the conditions under which organization's

management and directors act in larger interest of the
organization and shareholder.

to keep managers in check by limiting their power and, often,

by tying their pay to company's performance.

 to enhance its value and to maximize the wealth of its

shareholders.

Question 9
State whether the given statement True/False.
Strategic productivity is the primary objective of strategic
leadership.

True
False

Question 10
Which of the following innovations refers to building on existing
knowledge base and provides small improvements in the current
product lines?

Radical innovations

Incremental innovations
 Attempt Score:10 / 10 - 100 %
Overall Grade (highest attempt):10 / 10 - 100 %

Done