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lOMoARcPSD| 36782889 STRATEGIC MANAGEMENT
1) Which of the following is correct?
B. Strategy is not always perfect, flawless and optimal
2) Reactive strategy can be also termed as B. Adaptive strategy
3) Which of the following manager’s role is to translate the general statement/ strategic into concrete
strategies of individual business?
B. Business level Manager
4) Which of these serves as a corporate defense machanism against mistakes & pitfalls?A. Strategic Management
5) Which is a self-contained division?
A. Strategic business unit
6) Successful hospital strategy for future will require renewed & deepened collaboration with _____ A. Physicians
7) Public enterprise generally cannot diversify into ...
A. Unrelated businesses
8) Who is more closer to the customers?
C. Functional level manager
9) Who enjoys more freedom in strategic decision making?
B) Non-Goverment Strategists
10) Who said that “I believe we do a far better job of strategic management than any company I know”? A. Richard Cyert
11) Strategy is not for a sound, alert & responsible management? C. Substitute
12) Which is not the objective of strategic management? lOMoARcPSD| 36782889
C. To Create Ethics in employees
13) Competitive landscape requires the application of
D. Competitive intelligence
14) “Attractiveness of firms” while conducting industry analysis should be seen in A. Relative terms
15) “Competitor’s Differentiation, Customer Value” and “Application of Competitivenss” are the three important areas of: D. Core Competencies
16) “Build, Hold, Harvest and Divest” are the strategies explained by: A. BCG Matrix
17) The goal of SWOT analysis is to _____ the organization’s opportunities and strengths while _____ its threats and weaknesses. D. Exploit, advoiding
18) External opportunities and threats are usually:
D. largely uncontrolable activities outside the organization
19) The sustainability of competitive advantage and a firm’s ability to earn profits from its competitive advantage depends upon:
B. Appropriability, durability, transferability, imitability
20) Internal _____ are activities in an organization that are performed especially well. C. Strengths
21) Which is not the characteristic of globalization?
D. High Transpersonal Cost
22) Which concepts exhibits the relationship of sales with respect of time for a product that passes
through the four successive advantage? B. PLC
23) Which area of core competencies provide a company an edge compared to competitors & allows
company to provide better to market with no fear that competitor can imitate? B. Customer Value lOMoARcPSD| 36782889
24) Which strategy has its objective to increase market share, even by foregoing-short earnings? A. Buid
25) Which of these is a portfolio analysis technique that is based on the product life cycle?
C. Arthur D.Little Matrix
26) The concept of TOWs matrix was developed by C. Heinz Weihrich
27) Which strategy has its objectives to increase short term cash flows regardless of long term earning? C. Harvest
28) Which position of ADL matrix is comparatively rare position & in many cases is attribute to a monopoly? A. Dominant
29) Companies often set to reduce high transformational cost in globalization. B. Overseas plant
30) The concept of ADL Matrix is developed by _____. D. Arthur D.Little
31) In which position of ADL, a firm has considerable degree of freedom over its choice of strategies &
often able to act without its market position? D. Strong
32) Most dominant forces are called because they have biggest influence. A. Driving forces
33) Which of the following is not the characteristic of competitive advantage? D. Tractability
34) The concept of the core competency was developed by ...
C. C.K.Prahalad & Gary Hame
35) Which position in ADL matrix generally comes about when industry is fragmented & no one
competitor stand out clearly, result in market leaders a reasonable degree of freedom? C. Favorable
36) Which is not the area identified in major core competencies? lOMoARcPSD| 36782889
C. Profitability of industry
37) Which of these implies blueprint of the company’s future position & despite organization’s aspirations? A. Vision
38) Which of these is the expression of growth ambition of the firm? B. Corporate Mission
39) Which is not the characteristic of objectives? D. Uncontrollable
40) Which is the heart & soul of managing a business enterprise?
A. Crafting & Executing strategy
41) Which is time-based measurable targets, which help in accomplishment of goals? B. Objectives
42) By spelling out management indicates speed at which longer-range targets are to be approached?
A. Annual Performance Targets
43) Which is not involved in organizational analysis? B. Social Effect
44) Business organization translate their vision & mission into?
C. Goals & Objectives
45) Which of these is not related with business definition?
D. Organization Aspiration
46) Which is not the element of strategic division?
D. Modifying strategic vision
47) Which is more specific & translate goals to both short-term & long-term goals? C. Objectives
48) Best-worded statement clearly & crisply illuminates direction in which organization is headed. A. Vision
49) Acquisition of IT company by a steel manufacturer is lOMoARcPSD| 36782889 B. Corporate Strategy
50) Seletc the correct statement:
A. In general, corporate level decisions are costly to take, involve high risk and have large profit potential.
51) Vertical integration maybe beneficial when
C. Various segregated specializations will be combined.
52) Diversification primarily helps to: B. Reduce risk
53) Acquisition of one or more similar business operating at same stage of productionmarketing chain
that is going into complementary or by competitors product.
B. Horizontally integrated
54) When rivals can join together instead of compete, it is advantage of strategic alliance. D. Strategic
55) “When strategic alliance are formed with a local foreign business to gain entry into a foreign
market”, it is advantage of strategic alliance. C. Political
56) What is not one of Micheal Porter’s five competitive forces?
C. Bargaining power of unions
57) What are the three different bases given by Micheal Porter’s Generic Strategies to gain competitive advantage?
D. Cost leadership, differentiation and focus
58) Best-cost provider strategy involves providing customers more value for the money by emphasizing:
B. Low cost and better quality difference.
59) Assets of firm considering maybe highly specialized & therefore of little value to any other firm. C. Exit Barrier
60) Which of these maximize the power of brand, or using specific advantages that entity possesses can be
instrumental to a company’s success? C. Organization
61) A firm’s profitability tends to be ... when other firms are blocked from entering the industry. lOMoARcPSD| 36782889 C. Higher
62) Which of these is not the element of five forces?
C. Threats of complimentary
63) Introduction of products by new firm may lead incumbents firm to reduce their product prices &
increase their advertising budget.
A. Possibility of aggressive retaliation
64) When rivals feel strong motivation to utilize their capacity & therefore are inclined to cut prices when they have access capacity. C. Fixed Cost
65) Which is not the generic strategy of Micheal Porter? B. Growth Share Matrix
66) A strategic business unit is a grouping of _____ businesses. C. related
67) An organization structure with constricted middle level is:
C. Hour Glass structure
68) Change in company’s _____ requires reallocation of resources necessitating need for changes in _____ B. Strategy, Structure
69) Select a distinguishing feature between divisional and functional structure?
B. Functional departments are not accountable for profits or revenues, whereas divisional process
departments are evaluated on these criteria.
70) Which of the following situation will most likely suit a transformational leader?
A. An organization that is in trouble
71) In strategic business unit produtcs/ businesses in any group are sepatated. B. Related
72) Which structure is most useful when environment of a firm is unstable & is expected to retain so ? B. Network Structure
73) Changes to lead to change in organizational structure. C. Strategy lOMoARcPSD| 36782889
74) Which is not the phase of Matrix structure?
D. Process Matrix Management
75) Changing a _____ is very difficult because of the heavy anchor of deeply held values and habitspeople
Cling emotionally to the old & familiar: A. Problem Culture
76) A by geographic area is appropriate for organizations whose strategies are formulated to fit particualr
needs & characteristics of customer in different geographic areas.
C. Divisional Structure
77) You are the operations manager and your top management wants to adopt a strategy that you don’t
endorse, what problems would this lead to in implementation of the strategy?
B. Coordination problem
78) After an earnest attempt to bring in a strategic change in your organization, you are the operational
head of XYZ ltd, succeeded but still your organization couldn’t achieve the desired competitive position in
the market. Out of the following what could be the reason?
C. Strategy implementation 79)
As a strategists, what is your understanding of how strategies are put into action?A.
Strategies are statements of Intent realized through Implementation. 80)
You are the head of operations of the company. When you focus on total or aggregate
management functions in the sense of embracing the integrated activities of a complete department et al, you are practising: B. Management Control
81) Which of the following would be chosen by the core strategist to implement operation control: D. Budgetary Control
82) The model of change has been propouned by: C. Kurt Lewin
83) Compliance, Identification and Internalization are the three processes involved in:
C. Changing behavior patterns
84) As the head of an MNC, you have been asked to bring in radical changes in your organization through
BPR. Which of these is thrust area you would focus on reducing: A. Total cycle time lOMoARcPSD| 36782889
85) With preference to benchmarking, select the correct statement out of the following:
C. Benchmarking helps in setting goals and measuring productivity based on best industry practices.
86) BPR is an unusual improvement in operating effectiveness through the redesigning of _____ business
process and supporting business systems. C. critical
87) Which one is not the basic activity of the Strategic Audit?B. Setting the goals and
objectives of the firm.
88) Which one is NOT a type of Strategic Control? A. Operational control
89) Which of these is an action stage that requires implementation of changed strategy.
A. Institutionalize the change
90) Which of these involves internal changing of the individual’s thought processes in order to adjust to a new environment? C. Internalization
91) Which of these is not the type of Strategic Control? D. Processing Control
92) ... is a point of preference against which things maybe compared and by which something can be measured and judged. D. Benchmarking
93) _____ when new behaviors become a normal way of life. C. Refreezing
94) When strategy is formed on the basis of certain assumption about the complex & turbulent organizationla environment. A. Premise Control
95) _____ means going to the roof of the problem areas and not attempting to make any superficial changes. B. Radical Redesigning
96) A company will be succeeded only when the strategy _____ is sound & _____ is excellent.
B. Formulation, Implementation lOMoARcPSD| 36782889
97) _____ is a process of breaking down old attitudes & behaviors, customs & traditions througout organization. A. Unfreezing
98) Which of these involves general monitoring of various sources of information to uncover unanticipated
information having a bearing on the organizational strategy.
A. Strategic Surveilliance
99) Which is not the method of given by H.C.Kalman for reassigning new patterns of behavior? A. Stratification
100) Which is not the type of organizational control?
C. Qualitative control
101) Which is not the criteria of Richard Rumelt for strategic audit? D. Disharmony
102) _____ is a complex process that involves a corporate strategy focused on new markets, products,
services and new ways of doing business. A. Strategic Change
103) Which of these is achieved by strictly enforcing the reward & punishment strategy for good or bad behavior? A. Compliance
104) Which control is more inclusive & more aggregative control? A. Management Control
105) Sudden change in government, natural calamities, terrorist attacks, industrial disaters etc. A. Special Alert Control