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Management · all questions

Strategic Management
practice.

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Which of the following is not a support activity?

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Consider the following statements and identify the correct answer of true statements.
1. When an organisation's survival is threatened and it is not competing effectively, retrenchment strategies are often needed.
2. Turn around strategy is used when an organisation is performing well but has not yet reached a critical stage.
3. Divestment strategy involves selling the business or setting it up as a separate corporation.
4. Liquidation strategy involves closure of business which is no longer profitable.

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Organisation needs to think extremely hard about investing funds in business in . . . . . . . .

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Which of the following step involves translation or the practical application of chosen strategy into actions in order to achieve the objective and goals of organisation?

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Which of the following determines Competitive strength?

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Who among the following gave value chain analysis?

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Which of the following are short-term decisions that are taken on a daily basis keeping in mind the needs and welfare of the employees?

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Which of the following basically chalks the roadmap of the future of an organisation?

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Which of the following is not a step in strategy formulation?

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Which of the following statement is not true?

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. . . . . . . . are the informal rules of the organisation and includes the culture of the organisation.

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Match the following.
List-I List-II
a. Porter's Five Force Model 1. External Analysis
b. PESTEL Analysis 2. Threat of Entry
c. Resource Based View 3. External-Internal Analysis
d. SWOT Analysis 4. Internal Analysis

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Which of the component of PESTEL analysis include population growth, age distribution and health consciousness?

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Which of the following statement is true?
Statement I Setting benchmarks is important for strategy evaluation.
Statement II Strategic decisions are production relates decisions that are taken in accordance with the production.
Statement III Porter's five force model helps to gauge the level of competition existing in the industry

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Which of the following statement is true?
Statement I Strategic intent focuses on the purpose of existence of the organisation in the market.
Statement II Vision statement lays down the framework for the formulation of strategies and broad scope of the activities of the organisation.
Statement III Goals need to be precise, realistic and measurable that can be achieved in a specific time.

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Which of the following involves division and distribution of people into teams and groups and aligning them with the available resources?

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Assertion (A) In an industrial structure, the acquisition of an existing firm in the industry might be a better move than starting up a new venture.
Reason (R) There is evidence that internal development might be preferable to acquisition because of differences between culture and shared valued.

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How many elements are there in the McKinsey Framework?

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Which of the following is a plan or blueprint that helps the organisation to achieve its long-term goals and mission?

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Statement I A 'Star' is the market leads, III a high growth market; and it has sufficient cash to support other businesses.
Statement II 'Dogs' have weak market share in high-growth market.

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