What is the starting point of strategic intent?
A. Objectives
B. Goals
C. Mission
D. Vision
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Corporate level strategy deals with:
A. objectives of specific functions
B. objective of Single strategic Business Unit
C. objectives of the corporate
D. objectives of specific operations
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From the following activity which does not comes under the primary activities of value Chain analysis:
A. Operations
B. Technology development
C. Marketing and sales
D. Services
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Which of the following can be identified as a best statement that represents a firms big picture statements, describing a desired end state, general in scope and not restrictive?
A. Corporate philosophy statement
B. Company creed
C. Vision statement
D. Mission statement
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One of the top level manager of a large manufacturing plant uses to spend her day trying to ensure that the material waste is not more than 10% , she spends her day performing the management process of:
A. Planning
B. Organizing
C. Leading
D. Controlling
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All of the following are key opportunities and threats in external environment because of political, government and legal forces except:
A. Tax rate
B. Social security program
C. Cross boarder relationship
D. Patent law
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Internal audit is done:
A. Before external audit
B. After external audit
C. Parallel to external audit
D. Vertical to external audit
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Bargaining power of customers is high if:
A. Differentiation of competitors product is low
B. Switching costs are low for substitute products
C. The buyer has little information about the market
D. The buyer requires a high quality product for own production
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The magnitude and changes that may affect an organization is survival owing to all of the following except:
A. Merger-mania
B. Demographics
C. E-commerce
D. Dubious firms
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Which of the following requires a firm to establish annual objectives, devise, policies, motivates employees and allocate resources for the execution of strategies?
A. Strategy formulation
B. Strategy evaluation
C. Strategy implementation
D. Strategy estimation
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Which type of trend can be exemplified by the increasing numbers of two income households in a society?
A. Solid
B. Economic
C. Cultural
D. Technological
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The primary benefit brought from restructuring is:
A. employee involvement
B. cost reduction
C. increased morale
D. increased number and organizational hierarchy
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Technological advancements can create which of the following advantage besides many other existing powerful advantages for the businesses?
A. Economic
B. Social
C. Environmental
D. Competitive
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Which strategies aim at improving internal weakness by taking advantage of external opportunities?
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the sketch of the BCG matrix, what is the label of the horizontal axis?
A. Industry growth rate
B. Market share
C. Market growth rate
D. Business strength
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the sketch of the BCG matrix, what is the label of the vertical axis?
A. Market growth rate
B. Business strength
C. Market share
D. Industry growth rate
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What is the purpose of an activity map?
A. A system to facilitate better time-planning
B. It is used in business process reengineering to show how the different activities of an organisation are linked together
C. It is used to identify and understand strategic capability by mapping how the different activities of an organisation are linked together
D. A list of activities undertaken by an organisation
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Industry/sector benchmarking compares:
A. Organisational performance between firms/public sector organisations in different industries or sectors
B. Organisational performance between firms/public sector organisations in the same industry or sector
C. Organisational performance between firms/public sector organisations in different countries
D. Organisational performance between different divisions of the firm
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Which of the following statements is not true reg corporate strategies?
A. They are concerned with the broad and more long-term issues of the organization
B. They are concerned with how the organization is going to compete in a specific business or industry
C. are concerned with the direction the organization is headed
D. They are concerned with the business(es) that the organization is in and the businesses they want to be in
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Abdullah group of industries is involved in the sale of its marginal business. It is most likely to say that Abdullah group is implementing which one of the following strategies?
A. Retrenchment
B. Liquidation
C. Acquisition
D. Join venture
Select an option to see the answer and solution.