mgt603 online quiz#4…lecture#1 to 42.. solved by...

Composed & SolvedHafiz Salman Majeed

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MGT603 Online Quiz#4…Lecture#1 to 42..Solved By

Hafiz Salman Majeed..Question # 1 of 15 ( Start time: 07:08:49 AM ) Total Marks: 1If market shares of competitors are declining whereas total industry sales are increasing,which strategy do you think may be the right one to pursue?Select correct option:

DivestitureMarket PenetrationMarket DevelopmentRetrenchment

Question # 2 of 15 ( Start time: 07:09:07 AM ) Total Marks: 1How many parts are there of resource allocation plan?Select correct option:

TwoThreeFourFive

Question # 3 of 15 ( Start time: 07:09:13 AM ) Total Marks: 1Research and development activity performed by R & D department of AZD companyresulted in the introducing a telecommunications system in a foreign country. This R & Dactivity is referred as:Select correct option:

Concentric diversificationMarket developmentMarket penetrationProduct development

Question # 4 of 15 ( Start time: 07:10:09 AM ) Total Marks: 1To whom a planning horizon of two to five years applies?Select correct option:

Top managementMiddle managementLower management




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All levels

Question # 5 of 15 ( Start time: 07:10:38 AM ) Total Marks: 1Which component of a mission statement addresses the firm’s distinctive competence ormajor competitive advantage?Select correct option:

TechnologyPhilosophyCustomersSelf-concept

Question # 6 of 15 ( Start time: 07:10:58 AM ) Total Marks: 1Which one of the following is the example of place decisions?Select correct option:

Safety and packagingPersonal sellingPublic relations & publicityOrder processing

Question # 7 of 15 ( Start time: 07:12:21 AM ) Total Marks: 1All of the following would represent possible threats to the ABC Company EXCEPTwhich one of the following?Select correct option:

Entrance of new competitorsImproved buyer or supplier relationshipsNew or revised regulationsSlow industry/market growth

Question # 8 of 15 ( Start time: 07:12:30 AM ) Total Marks: 1How many cost drivers Porter suggested related to Supply chain activities?Select correct option:

EightNineTenEleven

Question # 9 of 15 ( Start time: 07:13:57 AM ) Total Marks: 1All of the specified approaches could be used to determine R&D budget allocationEXCEPT:




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Select correct option:

Financing as many projects as possibleUsing percentage-of-sales methodBudgeting irrelative to competitorsDeciding how many successful new products are needed

Question # 10 of 15 ( Start time: 07:14:34 AM ) Total Marks: 1Which of the following is a strategy in which companies create a co-owned business thatoperates for their mutual benefit?Select correct option:

RetrenchmentDivestitureJoint ventureLiquidation

Question # 11 of 15 ( Start time: 07:14:50 AM ) Total Marks: 1Which of the following is NOT a SPACE Matrix quadrant?Select correct option:

AggressiveDefensiveCompetitiveOffensive

Question # 12 of 15 ( Start time: 07:14:56 AM ) Total Marks: 1All of the following strategies are recommended to be perused by Question Markdivisions EXCEPT:Select correct option:

Market penetrationMarket developmentHorizontal integrationProduct development

Question # 13 of 15 ( Start time: 07:15:54 AM ) Total Marks: 1Which of these is the allocation and reallocation of capital and resources to projects,products, assets and divisions of an organization?Select correct option:

Investment decisionFinancing decisions




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Restructuring decisionsStrategic decision

Question # 14 of 15 ( Start time: 07:16:09 AM ) Total Marks: 1Which one of the following is NOT a major region of IE matrix?Select correct option:

Grow and buildGrow and maintainHold and maintainHarvest or divest

Question # 15 of 15 ( Start time: 07:16:35 AM ) Total Marks: 1Which term is referred as a central management activity that allows for strategyexecution?Select correct option:

Policy-makingResource allocationSetting GoalsEstablishing objectives

Question # 1 of 15 ( Start time: 07:44:41 AM ) Total Marks: 1Exclusive access to high grade natural resources is an example of which of the following?Select correct option:

StrengthWeaknessOpportunityThreat

Question # 2 of 15 ( Start time: 07:44:58 AM ) Total Marks: 1All of the following are the examples of the actions that can be taken in strategyimplementation stage EXCEPT:Select correct option:

Changing organization's pricing strategyDeveloping new employee benefitsTransferring managers among divisionsTaking corrective action when needed

Question # 3 of 15 ( Start time: 07:46:18 AM ) Total Marks: 1Conglomerate diversification is another name for which of the following?




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Related diversificationUnrelated diversificationPortfolio diversificationAcquisition diversification

Question # 4 of 15 ( Start time: 07:47:47 AM ) Total Marks: 1Adding new, unrelated products or services is called:Select correct option:

Forward integrationBackward integrationConglomerate diversificationConcentric diversification

Question # 5 of 15 ( Start time: 07:48:03 AM ) Total Marks: 1Which one of the following is NOT a SMART criterion?Select correct option:

MeasurableStrategyAchievableRelevant

Question # 6 of 15 ( Start time: 07:49:03 AM ) Total Marks: 1Which alternative becomes more attractive financing technique when cost of capital ishigh?Select correct option:

Debt financingCombination financingRaising equityBorrowing

Question # 7 of 15 ( Start time: 07:50:16 AM ) Total Marks: 1Which organizational structure has ambiguous roles for senior executives as a majordisadvantage?Select correct option:

Strategic business unitFunctional structureDivisional structure




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Matrix structure

Question # 8 of 15 ( Start time: 07:51:10 AM ) Total Marks: 1XYZ Company has controlled its distributors so that no other firm can access the scarcenatural resources available in the country, which are used in XYZ’s production. Thisaction is to reduce which of the following:Select correct option:

The bargaining power of customersThe bargaining power of suppliersThe threat of new entrantsThe threat of substitute products

Question # 9 of 15 ( Start time: 07:52:23 AM ) Total Marks: 1How many cost drivers Porter suggested related to Supply chain activities?Select correct option:

EightNineTenEleven

Question # 10 of 15 ( Start time: 07:52:29 AM ) Total Marks: 1Backward integration is effective in all of the following situations EXCEPT:Select correct option:

When an organization competes in an industry that is growing rapidlyWhen an organization needs to acquire a needed resource quicklyWhen the advantage of stable prices are not importantWhen present suppliers have high profit margins

Question # 11 of 15 ( Start time: 07:52:41 AM ) Total Marks: 1Which of the following is the highest possible weighted score for the organization in IFEmatrix?Select correct option:

1.01.52.54.0

Question # 12 of 15 ( Start time: 07:53:00 AM ) Total Marks: 1What kind of strategy retrenchment is?




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A reorganization strategyAn expansion strategyA diversification strategyAn integration strategy

Question # 13 of 15 ( Start time: 07:53:30 AM ) Total Marks: 1Which of the following is the first step in developing QSPM?Select correct option:

Developing a list of the firm’s key external and internal factors.Determining the Attractiveness Scores for each strategy.Examine the Stage 2 matrices and identify alternative strategies.Assigning weights to each key external and internal factor.

Question # 14 of 15 ( Start time: 07:53:59 AM ) Total Marks: 1The inventory is viewed as which of the following in Just In Time Inventory system:Select correct option:

Incurring costsAdding valueDisburse expenseNone of the above options

Question # 15 of 15 ( Start time: 07:55:12 AM ) Total Marks: 1The in-house R & D is a preferred solution in which of the following situation:Select correct option:

Technological progress is slow and market growth is moderateTechnology is changing rapidly and market is growing slowlyIf technology is changing slowly and market is growing quicklyIf both, technological progress and market growth rate are fast

Question # 1 of 15 ( Start time: 06:48:03 PM ) Total Marks: 1Most likely, what was the cash cow in the past?Select correct option:

DogFailureQuestion markStar




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Question # 2 of 15 ( Start time: 06:49:30 PM ) Total Marks: 1Which of the following are the two external dimensions to be considered in SPACEMatrix?Select correct option:

Environmental stability and industrial strengthEnvironmental stability and competitive advantageIndustrial strength and competitive advantageIndustrial strength and Financial strength

Question # 3 of 15 ( Start time: 06:50:08 PM ) Total Marks: 1Which of the following can be best described as short-term in nature?Select correct option:

Mission statementsAnnual objectivesStrategiesVision statement

Question # 4 of 15 ( Start time: 06:50:23 PM ) Total Marks: 1When a merger or acquisition is not desired by both the parties of merger, then it isknown as:Select correct option:

DivestitureTakeoverOutsourcingIntegration

Question # 5 of 15 ( Start time: 06:50:54 PM ) Total Marks: 1Which of the following is NOT a characteristic of well-constructed goals?Select correct option:

Address important issuesEasy to rememberPrecise and measurableChallenging but realistic

Question # 6 of 15 ( Start time: 06:51:09 PM ) Total Marks: 1Which of the following is an example of Intensive strategies?Select correct option:

Conglomerate strategy




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Forward integrationMarket penetrationRetrenchment

Question # 7 of 15 ( Start time: 06:51:45 PM ) Total Marks: 1In adapting to change an organization must monitor which of the following?Select correct option:

Ongoing processesInternal and external eventsTimely changesAll of the given options

Question # 8 of 15 ( Start time: 06:52:01 PM ) Total Marks: 1Which statements best represents ‘Restructuring’?Select correct option:

Radical redesign of an organization’s processAn agreement between two or more firmsPersonnel downsizing and asset revaluationCombination of two or more companies

Question # 9 of 15 ( Start time: 06:52:48 PM ) Total Marks: 1A joining of two companies through one company buying more than one half of the othercompany's stocks is known as:Select correct option:

MonopolizationA spin-offAn acquisitionA merger

Question # 10 of 15 ( Start time: 06:53:50 PM ) Total Marks: 1Firm with its SPACE matrix vector in conservative quadrant may peruse all of thefollowing strategies EXCEPT:Select correct option:

Market penetrationProduct developmentMarket developmentDivestiture

Question # 11 of 15 ( Start time: 06:55:15 PM ) Total Marks: 1




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What refers to a strategy of seeking ownership of or increased control over a firm’scompetitors?Select correct option:

Conglomerate diversificationBackward integrationHorizontal integrationConcentric diversification

Question # 12 of 15 ( Start time: 06:55:36 PM ) Total Marks: 1Which element in the projected income statement cannot be forecasted using thepercentage-of-sales method?Select correct option:

Cost of goods soldInterest expenseSelling expenseAdministrative expense

Question # 13 of 15 ( Start time: 06:56:47 PM ) Total Marks: 1The effort made by a firm in R & D may be risky in which of the following situation:Select correct option:


Question # 14 of 15 ( Start time: 06:57:58 PM ) Total Marks: 1Which of the following refers to the belief related to objectives setting that "the truemeasure of a really good strategist is the ability to solve problems"?Select correct option:

Managing by objectivesManaging by extrapolationManaging by crisisManaging by subjectives

Question # 15 of 15 ( Start time: 06:58:10 PM ) Total Marks: 1In Competitive Profile Matrix, the rating 4 indicates what?Select correct option:

Major weakness




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Major strengthMinor strengthMinor weakness

Question # 1 of 15 ( Start time: 07:41:26 PM ) Total Marks: 1Which of the following strategy generally entails large research and developmentexpenditures?Select correct option:

Market penetrationRetrenchmentForward integrationProduct development

Question # 2 of 15 ( Start time: 07:43:00 PM ) Total Marks: 1Which of the following describes a differentiation strategy?Select correct option:

Higher quality products or services than competitorsInnovation of products or services greater than competitionProviding different products with competencesOffering unique products that are widely valued by customers

Question # 3 of 15 ( Start time: 07:43:58 PM ) Total Marks: 1Din Mohammad, a farmer sells his crops at the local market rather than to a distributioncenter. This action of Din Mohammad comes under which of the following?Select correct option:

Backward integrationProduct developmentForward integrationHorizontal integration

Question # 4 of 15 ( Start time: 07:44:16 PM ) Total Marks: 1In BCG matrix, the size of circle corresponding to a division represents what?Select correct option:

Relative market share of that divisionFinancial strength of that divisionRevenue genet rated by that divisionRelative market share of the division





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Matching stage of the strategy formulation framework comprises of formulating which ofthe following set of strategies?Select correct option:

BCG, SPACE and QSPM MatrixBCG, SPACE and TOWS MatrixSPACE, TOWS and IFE MatrixBCG, SPACE and EFE Matrix

Question # 6 of 15 ( Start time: 07:45:25 PM ) Total Marks: 1Which of the following directs at developing new products before competitors do atimproving product quality or at improving manufacturing processes to reduce costs?Select correct option:

MarketingOpportunity analysisResearch and developmentManagement

Question # 7 of 15 ( Start time: 07:45:38 PM ) Total Marks: 1Which one of the following is the drawback of mass marketing?Select correct option:

It reduces costs through economies of scale by the increased volumeIt does not try to please all customers with same offeringIt allows economies of scale to be realized through mass productionIt offers same offering that is likely to be viewed as optimal by all customers

Question # 8 of 15 ( Start time: 07:47:03 PM ) Total Marks: 1Research and development activity performed by R & D department of AZD companyresulted in the introducing a telecommunications system in a foreign country. This R & Dactivity is referred as:Select correct option:


Question # 9 of 15 ( Start time: 07:47:26 PM ) Total Marks: 1To whom a planning horizon of two to five years applies?Select correct option:




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Top managementMiddle managementLower managementAll levels

Question # 10 of 15 ( Start time: 07:47:33 PM ) Total Marks: 1Which of the following refers to Kanban?Select correct option:

Manufacturing systemProduction unitSignalsProcess

Question # 11 of 15 ( Start time: 07:48:10 PM ) Total Marks: 1Which of the following categories of ratios includes return on total assets and return onstockholders’ equity as its types?Select correct option:

ProfitabilityLeverageGrowthLiquidity

Question # 12 of 15 ( Start time: 07:48:24 PM ) Total Marks: 1Which one of the following is NOT among the Michael Porter’s forces?Select correct option:

The bargaining power of customersThe bargaining power of suppliersThe intensity of differentiation strategyThe threat of substitute products

Question # 13 of 15 ( Start time: 07:49:17 PM ) Total Marks: 1Which stage of the strategy-formulation framework consists of the Quantitative StrategicPlanning Matrix?Select correct option:

Formulation frameworkMatching stageDecision stageAll of the given options




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Question # 14 of 15 ( Start time: 07:49:56 PM ) Total Marks: 1Buyer switching costs is an important factor for which of the following forces?Select correct option:

The intensity of competitive rivalryThe bargaining power of suppliersThe threat of new entrantsThe threat of substitute products

Question # 15 of 15 ( Start time: 07:50:57 PM ) Total Marks: 1R&D expertise should be obtained through acquisition of a well-established firm in theindustry in which of the following situation?Select correct option:

If both technical progress and market growth are fastIf technology is changing slowly but the market is growing fastIf the technical progress is slow, market growth the rate is moderateIf technology is changing rapidly and the market is growing slowly

Question # 1 of 15 ( Start time: 08:04:13 PM ) Total Marks: 1Which strategic management analytical tool has four quadrants based on two dimensionsi.e. competitive position and market growth?Select correct option:

Internal-External MatrixSPACE MatrixGrand Strategy MatrixQSPM

Question # 2 of 15 ( Start time: 08:04:56 PM ) Total Marks: 1Lack of access to key distribution channel indicates which of the following?Select correct option:


Question # 3 of 15 ( Start time: 08:05:11 PM ) Total Marks: 1Strategies that are designed to appeal customers with a special sensitivity for a particularproduct attribute are dependent on which of the following?Select correct option:




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Differentiation strategyFocus strategyNiche strategyLow cost strategy

Question # 4 of 15 ( Start time: 08:05:40 PM ) Total Marks: 1A system of several rites connected with a single occasion or event is known as:Select correct option:

MythCeremonialSagaLegend

Question # 5 of 15 ( Start time: 08:05:53 PM ) Total Marks: 1Which of the following can be considered one of the factors of external opportunities andthreats of an organization?Select correct option:

Production/ operationsResearch & developmentCompetitive trendsManagement information system

Question # 6 of 15 ( Start time: 08:06:05 PM ) Total Marks: 1According to the Grand Strategy Matrix, which strategy is recommended for a firm withrapid market growth and a strong competitive position?Select correct option:

Market penetrationConglomerate diversificationJoint ventureRetrenchment

Question # 7 of 15 ( Start time: 08:07:26 PM ) Total Marks: 1Which approach for managing and resolving conflict involves playing down differencesbetween conflicting parties while stressing on similarities and common interests?Select correct option:

AvoidanceComplianceDiffusionConfrontation




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Question # 8 of 15 ( Start time: 08:07:55 PM ) Total Marks: 1Test marketing is commonly applied by which of the following companies?Select correct option:

Industrial goods companiesConsumer goods companiesPublic sector companiesPrivate sector companies

Question # 9 of 15 ( Start time: 08:08:01 PM ) Total Marks: 1Which statements best represents ‘Restructuring’?Select correct option:


Question # 10 of 15 ( Start time: 08:08:08 PM ) Total Marks: 1All of the following are used as a base for market segmentation EXCEPT:Select correct option:

SocioeconomicGeographicDemographicPsychographic



Question # 12 of 15 ( Start time: 08:09:31 PM ) Total Marks: 1Which of the following statements is NOT correct about a mission statement?Select correct option:

It contains the definition of the company's businessIt is called the picture of a company’s future.




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It is a statement containing the company's major goalsIt is known as statement of the corporate philosophy

Question # 13 of 15 ( Start time: 08:09:48 PM ) Total Marks: 1Which of the following refers to the belief related to objectives setting that "the future isladen with great uncertainty and that if we try and do not succeed, then we hope oursecond (or third) attempt will succeed"?Select correct option:

Managing by hopeManaging by extrapolationManaging by crisisManaging by subjectives

Question # 14 of 15 ( Start time: 08:10:04 PM ) Total Marks: 1“A Good mission statement identifies the utility of a firm's products to its customers”;which of the following represents this statement?Select correct option:

Organization’s philosophyCustomer orientationSocial policyDeclaration of attitude

Question # 15 of 15 ( Start time: 08:10:19 PM ) Total Marks: 1Firms in quadrant-IV of grand strategy matrix have which of the followingcharacteristics?Select correct option:

Rapid market growth and strong competitive positionRapid market growth and weak competitive positionSlow market growth and strong competitive positionSlow market growth and weak competitive position

Question # 1 of 15 ( Start time: 08:17:22 PM ) Total Marks: 1What type of strategies would you recommend when a firm’s SPACE Matrix directionalvector has coordinates (-2, +3)?Select correct option:

AggressiveConservativeCompetitiveDefensive




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Question # 2 of 15 ( Start time: 08:17:53 PM ) Total Marks: 1Which of the following statement is refered to ‘Price fluctuation’?Select correct option:

Decrease in pricesIncrease in pricesFluctuation in the prices of a particular commodityFluctuation in general price level

Question # 3 of 15 ( Start time: 08:18:19 PM ) Total Marks: 1All of the following are the examples of Operations EXCEPT:Select correct option:

MachiningPackagingWarehousingAssembly

Question # 4 of 15 ( Start time: 08:18:25 PM ) Total Marks: 1If the rate of technical progress is slow, the rate of market growth is moderate, and thereare significant barriers to possible new entrants then the firm should take which of thefollowing step?Select correct option:

A major effort in R&D may be very riskyIn-house R&D is the preferred solutionAcquisition of a well-established firm in the industryObtain R&D expertise on an nonexclusive basis



Question # 6 of 15 ( Start time: 08:19:31 PM ) Total Marks: 1Smoothies Tire & Rubber Co. is selling its North American tire business to AvinzaInternational, is an example of which type of strategy?Select correct option:




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Related diversificationRetrenchmentDivestitureLiquidation

Question # 7 of 15 ( Start time: 08:19:51 PM ) Total Marks: 1Defensive strategies include all of the following EXCEPT:Select correct option:

RetrenchmentAcquisitionDivestitureLiquidation



Question # 9 of 15 ( Start time: 08:20:14 PM ) Total Marks: 1A strategy involving major business modification usually associated with personneldownsizing and selling the part of company for the purpose of getting effectiveness atmaximum is known as:Select correct option:

RestructuringRe-engineeringDownsizingDivestiture

Question # 10 of 15 ( Start time: 08:21:20 PM ) Total Marks: 1Which one of the following strategies is referred as presenting products, often with a littleor no modification, to customers in related marketing areas?Select correct option:

Market developmentMarket penetration




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Horizontal integrationProduct development

Question # 11 of 15 ( Start time: 08:21:37 PM ) Total Marks: 1All of the following would be considered as weaknesses to a business EXCEPT:Select correct option:

Maturing marketsLimited industry expertiseBrand nameLimited financial resources

Question # 12 of 15 ( Start time: 08:22:18 PM ) Total Marks: 1Which component of a mission statement addresses the firm’s distinctive competence ormajor competitive advantage?Select correct option:




Question # 14 of 15 ( Start time: 08:22:49 PM ) Total Marks: 1Which of the following are two negative-rated dimensions on SPACE Matrix?Select correct option:

FS and CACA and ESFS and ISIS and ES

Question # 15 of 15 ( Start time: 08:23:16 PM ) Total Marks: 1Which of the following statement applies to Vision Statement?Select correct option:




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Describes the purpose of existence of an organizationIdentify the customers of the organizationThe key measure or measures of the organization’s successDepict the values of an organization

Question # 1 of 15 ( Start time: 08:30:14 PM ) Total Marks: 1Which of the following is NOT an advantage of a functional structure?Select correct option:

Increased capacity for specializationCentralized decision making and accountabilityExcellent Communication and coordinationQuick access to technical expertise

Question # 2 of 15 ( Start time: 08:30:30 PM ) Total Marks: 1In the SPACE analysis, what does (-1, -5) strategy profile portray?Select correct option:

A highly competitive firm operating in an unstable environmentA highly competitive firm operating in a weak industryA firm with weak competitiveness operating in stable environmentA financially strong firm operating in an unstable environment

Question # 3 of 15 ( Start time: 08:31:58 PM ) Total Marks: 1In Grand strategy matrix what will be the appropriate quadrant for the Ahmad textiles if itis operating in slow growing market and holds weak competitive position?Select correct option:

Quadrant IQuadrant IIQuadrant IIIQuadrant IV

Question # 4 of 15 ( Start time: 08:32:42 PM ) Total Marks: 1While preparing an External Factor Evaluation matrix, a total score of 0.8 indicates what?Select correct option:

Firm is taking advantages of strengths and avoiding threatsFirm is not taking advantages of opportunities and is avoiding threatsFirm is not taking advantages of opportunities and is not avoiding threatsFirm is taking advantage of opportunities and is avoiding the threats




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Question # 5 of 15 ( Start time: 08:32:59 PM ) Total Marks: 1Which one of the following is NOT considered as a difficulty in evaluation of strategies?Select correct option:

Difficulty predicting future with accuracyDecreasing number of variablesIncrease in environment’s complexityRate of obsolescence of plans

Question # 6 of 15 ( Start time: 08:34:01 PM ) Total Marks: 1HTML stands for which of the following?Select correct option:

Hybrid text markup languageHypertext Markup LanguageHyper text manufacture languageHighly technical markup language

Question # 7 of 15 ( Start time: 08:34:13 PM ) Total Marks: 1The purpose of an external audit is to prepare a list of which of the following?Select correct option:

Opportunities and weaknessesThreats and strengthsOpportunities and threatsStrengths and weaknesses

Question # 8 of 15 ( Start time: 08:34:28 PM ) Total Marks: 1Which group would be classified as a stakeholder?Select correct option:

CommunitiesBanksSuppliersAll of the given options


ProfitabilityLeverage




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GrowthLiquidity

Question # 10 of 15 ( Start time: 08:35:01 PM ) Total Marks: 1All of these are pitfalls an organization should avoid in strategic planning EXCEPT:Select correct option:

Using plans as a standard for measuring performance.Using strategic planning to gain control over decisions and resourcesFailing to involve key employees in all phases of planningBeing so formal in planning that flexibility and creativity are stifled

Question # 11 of 15 ( Start time: 08:35:15 PM ) Total Marks: 1According to Freund, Which one of the following should NOT be the characteristics ofkey external factors?Select correct option:

MeasurableRelatively few in numberApplicable to all competing firmsImportant to achieve long-term objectives

Question # 12 of 15 ( Start time: 08:35:27 PM ) Total Marks: 1Which of the following are Porter's generic strategies?Select correct option:

Low price, differentiation, focusCost leadership, differentiation, focusPrice leadership, differentiation, focusLow cost, differentiation, focus differentiation


Major weaknessMajor strengthMinor strengthMinor weakness

Question # 14 of 15 ( Start time: 08:36:42 PM ) Total Marks: 1Smoothies Tire & Rubber Co. is selling its North American tire business to AvinzaInternational, is an example of which type of strategy?




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Question # 1 of 15 ( Start time: 08:48:01 PM ) Total Marks: 1Which approach for managing and resolving conflict involves playing down differencesbetween conflicting parties while stressing on similarities and common interests?Select correct option:


Question # 2 of 15 ( Start time: 08:48:14 PM ) Total Marks: 1Which one of the following best describes the Rumelt’s criterion “Advantage”?Select correct option:

Strategy should not present inconsistent goals and policiesIt refers to the need for strategies to examine sets of trendsStrategy should neither overtaxes resources nor creates unsolvable sub problemsStrategy should provide the reaction or maintenance of competitive advantage

Question # 3 of 15 ( Start time: 08:49:20 PM ) Total Marks: 1Which of the following is more concerned with employee and customer well-being thanshareholder well-being?Select correct option:

BenchmarkingReengineeringE-engineering




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Restructuring

Question # 4 of 15 ( Start time: 08:49:35 PM ) Total Marks: 1Various job titles of a strategist may includes all of the following EXCEPT:Select correct option:

OwnerForemanChancellorChief executive officer

Question # 5 of 15 ( Start time: 08:49:48 PM ) Total Marks: 1Which of these basic questions a vision statement answers?Select correct option:

What is our business?Who are our employees?What do we want to become?Who are our competitors?

Question # 6 of 15 ( Start time: 08:50:00 PM ) Total Marks: 1What is the purpose of strategy evaluation?Select correct option:

Increase the budget annuallyAlert management of problemsMake budget changesEvaluate employees’ performance

Question # 7 of 15 ( Start time: 08:50:55 PM ) Total Marks: 1Just in Time process works on series of signals which are called:Select correct option:

KaizanKanbanKansanNone of the given options

Question # 8 of 15 ( Start time: 08:51:08 PM ) Total Marks: 1All of the following strategies are recommended to be perused by Question Markdivisions EXCEPT:Select correct option:




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Question # 9 of 15 ( Start time: 08:51:23 PM ) Total Marks: 1Where an organization takes into account the effect of its strategic decisions on thesociety, the firm is taking care of which of these?Select correct option:

Corporate governanceBusiness policyBusiness ethicsSocial policy

Question # 10 of 15 ( Start time: 08:51:37 PM ) Total Marks: 1Which of the following is NOT a SPACE Matrix quadrant?Select correct option:


Question # 11 of 15 ( Start time: 08:51:52 PM ) Total Marks: 1Which stage of the strategy-formulation framework focuses on generating feasiblealternative strategies?Select correct option:

InputOutputDecisionMatching

Question # 12 of 15 ( Start time: 08:52:25 PM ) Total Marks: 1Which of the following describes a differentiation strategy?Select correct option:





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Question # 13 of 15 ( Start time: 08:52:41 PM ) Total Marks: 1The inventory is viewed as which of the following in Just In Time Inventory system:Select correct option:

Incurring costsAdding valueDisburse expenseNone of the above options



Question # 15 of 15 ( Start time: 08:53:10 PM ) Total Marks: 1Firms in quadrant-IV of grand strategy matrix have which of the followingcharacteristics?Select correct option:


Question # 1 of 15 ( Start time: 08:57:08 PM ) Total Marks: 1Which of the following is an example of a narrow mission?Select correct option:

We sell packaged pineapplesThe firm deals in beveragesStationery is our productCompany manufactures food items

Question # 2 of 15 ( Start time: 08:57:24 PM ) Total Marks: 1A & C Corporation currently possesses a low share of its available market. Moreover,this company's portfolio reveals it has extremely low market growth. A & C Corporationis most likely to be classed as which one of the following?Select correct option:




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DogQuestion markStarCash cow

Question # 3 of 15 ( Start time: 08:58:27 PM ) Total Marks: 1What is the range for a firm’s total weighted score in an External Factor EvaluationMatrix?Select correct option:

0 to 50 to 41 to 51 to 4

Question # 4 of 15 ( Start time: 08:58:44 PM ) Total Marks: 1Matching stage of the strategy formulation framework comprises of formulating which ofthe following set of strategies?Select correct option:


Question # 5 of 15 ( Start time: 08:58:58 PM ) Total Marks: 1Restructuring is also known as:Select correct option:

Up-sizingDelayeringDiversifyingIntegrating

Question # 6 of 15 ( Start time: 08:59:45 PM ) Total Marks: 1The IE Matrix consists of how many cells?Select correct option:

SevenEightNineTen




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Question # 7 of 15 ( Start time: 09:00:03 PM ) Total Marks: 1Which of the following is NOT one of the major approaches to R&D?Select correct option:

To be the first firm to market new technological productsTo be an innovative imitator of successful productsTo be a low-cost producer by mass-producing productsTo be a differentiated products manufacturer in industry

Question # 8 of 15 ( Start time: 09:00:53 PM ) Total Marks: 1A strategy involving major business modification usually associated with personneldownsizing and selling the part of company for the purpose of getting effectiveness atmaximum is known as:Select correct option:

RestructuringRe-engineeringDownsizingDivestiture

Question # 9 of 15 ( Start time: 09:01:17 PM ) Total Marks: 1Corporate social policy should be designed and articulated during which phase ofstrategic management?Select correct option:

ImplementationFormulationEvaluationManagement



Question # 11 of 15 ( Start time: 09:01:51 PM ) Total Marks: 1Which pay strategy is not a form of incentive compensation?Select correct option:




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BonusHourly wageGain sharingProfit sharing

Question # 12 of 15 ( Start time: 09:02:53 PM ) Total Marks: 1All of the following are the examples of inbound logistics EXCEPT:Select correct option:

ReceivingOrder fulfillmentInventory controlStoring

Question # 13 of 15 ( Start time: 09:03:55 PM ) Total Marks: 1The number of personnel that a supervisor is responsible for is known as:Select correct option:

Command and controlOrganizational structureScope of supervisionSpan of control

Question # 14 of 15 ( Start time: 09:04:56 PM ) Total Marks: 1The organizations, where resource allocation is not based on strategic-managementapproach to decision making, which approach is used for resource allocation?Select correct option:

Financial budgetRelative importance of departmentsOn political or personal factorsRelative cost of each resources

Question # 15 of 15 ( Start time: 09:05:31 PM ) Total Marks: 1Which one of the following is NOT a major region of IE matrix?Select correct option:





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Question # 1 of 15 ( Start time: 09:11:11 PM ) Total Marks: 1Strategic management integrates all of the following areas EXCEPT:Select correct option:

ManagementMarketingResearch and developmentHuman resource management



Question # 3 of 15 ( Start time: 09:11:30 PM ) Total Marks: 1Which one of the following is NOT an advantage of QSPM?Select correct option:

Sets of strategies can be examined simultaneously.No limit for number of strategies to be evaluated.Can be used by large as well as small firms.It integrates only external factors in decision process.

Question # 4 of 15 ( Start time: 09:12:56 PM ) Total Marks: 1The organizations that conduct business operations across national borders are known aswhich of the following?Select correct option:

Domestic firmsMultinational corporationsParent companiesFranchises


Benchmarking




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ReengineeringE-engineeringRestructuring

Question # 6 of 15 ( Start time: 09:13:25 PM ) Total Marks: 1Which marketing function includes test marketing?Select correct option:

Selling products/servicesCustomer analysisProduct/service planningDistributing

Question # 7 of 15 ( Start time: 09:13:45 PM ) Total Marks: 1Which of the following can be the weakness of an organization?Select correct option:

Price warPoor location of businessIncreased trade barriersInnovative substitute product

Question # 8 of 15 ( Start time: 09:14:08 PM ) Total Marks: 1Which of the following are the two internal dimensions represented on the axes of theSPACE Matrix?Select correct option:

Environmental stability and industrial strengthIndustrial strength and competitive advantageCompetitive advantage and financial strengthFinancial strength and environmental stability

Question # 9 of 15 ( Start time: 09:14:48 PM ) Total Marks: 1Which of the following issues may not require a management policy?Select correct option:

To operate on, two or more shiftsTo increase motivational levelTo discourage insider tradingTo stress quality control greatly

Question # 10 of 15 ( Start time: 09:15:09 PM ) Total Marks: 1All of the following are Porter's Generic Strategies EXCEPT:




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DifferentiationHybridCost leadershipFocus



Question # 12 of 15 ( Start time: 09:15:33 PM ) Total Marks: 1If technology is changing rapidly and the market is growing slowly then what decisionthe firm should take regarding R & D?Select correct option:

In-house R&D is the preferred solutionAcquisition of a well-established firm in the industryA major effort in R&D may be very riskyObtain R&D expertise on a nonexclusive basis

Question # 13 of 15 ( Start time: 09:16:12 PM ) Total Marks: 1Conglomerate diversification is another name for which of the following?Select correct option:

Related diversificationUnrelated diversificationPortfolio diversificationAcquisition diversification

Question # 14 of 15 ( Start time: 09:16:28 PM ) Total Marks: 1Buyer switching costs is an important factor for which of the following forces?Select correct option:

The intensity of competitive rivalryThe bargaining power of suppliersThe threat of new entrantsThe threat of substitute products




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Question # 15 of 15 ( Start time: 09:16:35 PM ) Total Marks: 1All of the following fall under Pricing decisions EXCEPT:Select correct option:

DiscountsCredit termsMarkupsDealer relations

Question # 1 of 15 ( Start time: 09:23:07 PM ) Total Marks: 1When the Chief Executive of a chain of pharmacies decided to sell off or close some ofthe locations that were not profitable, he was performing which of the managementfunction?Select correct option:

LeadingPlanningControllingOrganizing

Question # 2 of 15 ( Start time: 09:23:19 PM ) Total Marks: 1External assessment is performed in which of the strategic management phase?Select correct option:

Strategy formulation stageStrategy implementation stageStrategy evaluation stageAll of the given options

Question # 3 of 15 ( Start time: 09:23:32 PM ) Total Marks: 1Which of the following refers to determining the best capital structure for the company?Select correct option:

Restructuring decisionsFinancing decisionsStrategic decisionInvestment decision

Question # 4 of 15 ( Start time: 09:23:44 PM ) Total Marks: 1All of the following are the examples of Operations EXCEPT:Select correct option:




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MachiningPackagingWarehousingAssembly

Question # 5 of 15 ( Start time: 09:23:49 PM ) Total Marks: 1All of the following are the examples of the actions that can be taken in strategyimplementation stage EXCEPT:Select correct option:

Changing organization's pricing strategyDeveloping new employee benefitsTransferring managers among divisionsTaking corrective action when needed

Question # 6 of 15 ( Start time: 09:24:05 PM ) Total Marks: 1All of the following are the key questions that can reveal internal strengths andweaknesses in the management department EXCEPT:Select correct option:

Is the organization’s structure appropriate?Are reward and control mechanisms effective?Are the organization’s products positioned well?Does the firm use strategic management concepts?

Question # 7 of 15 ( Start time: 09:24:24 PM ) Total Marks: 1When the firm is located in Quadrant I of grand strategy matrix and it has excessiveresources, it is effective to peruse what strategies?Select correct option:

Diversification strategiesIntensive strategiesIntegration strategiesDefensive strategies

Question # 8 of 15 ( Start time: 09:24:45 PM ) Total Marks: 1Financial ratios are helpful in analyzing the relationship among which of the following?Select correct option:

All assets and liabilitiesProfits and costsAll functional areas of businessSales and profitability




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Question # 9 of 15 ( Start time: 09:25:03 PM ) Total Marks: 1Which is the most important benefit required from restructuring?Select correct option:

Employee involvementCost reductionIncreased moraleIncreased innovation

Question # 10 of 15 ( Start time: 09:26:08 PM ) Total Marks: 1Marketing decisions generally fall into four controllable categories. Which one of thefollowing is NOT one of marketing decisions category?Select correct option:

ProductProcessDistributionPromotion



Question # 12 of 15 ( Start time: 09:26:51 PM ) Total Marks: 1According to Porter, which strategy offers products or services to a small range ofcustomers at the lowest price available on the market?Select correct option:

Low costBest valueCost focusDifferentiation

Question # 13 of 15 ( Start time: 09:27:08 PM ) Total Marks: 1Which of the following is NOT one of the major approaches to R&D?Select correct option:




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Question # 14 of 15 ( Start time: 09:27:22 PM ) Total Marks: 1Which of the following is not a key question that can reveal internal strengths andweaknesses of the marketing department?Select correct option:

Does the firm have an effective sales organization?Are markets segmented effectively?Are the firm’s products and services priced appropriately?Does the firm have good liquidity?

Question # 15 of 15 ( Start time: 09:27:37 PM ) Total Marks: 1Intuition is based on all of the following factors EXCEPT:Select correct option:

Past experiencesJudgmentsUncertaintiesFeelings

Question # 1 of 15 ( Start time: 11:08:10 PM ) Total Marks: 1Which of the following is NOT a decision that may require finance/accounting policies?Select correct option:

To extend the time of accounts receivableTo determine an appropriate dividend payout ratioTo use LIFO, FIFO, or a market-value accounting approachTo determine the amount of product diversification

Question # 2 of 15 ( Start time: 11:08:44 PM ) Total Marks: 1Which of the following was NOT included in Borden's marketing mix?Select correct option:

Product planningDisplayStylingPhysical handling




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Question # 3 of 15 ( Start time: 11:09:35 PM ) Total Marks: 1What kind of strategy retrenchment is?Select correct option:




Question # 5 of 15 ( Start time: 11:09:56 PM ) Total Marks: 1Which of the following environment includes all those factors which affect theorganization and itself affected by the organization?Select correct option:

External environmentSocial environmentTask environmentInternal environment

Question # 6 of 15 ( Start time: 11:10:18 PM ) Total Marks: 1If market shares of competitors are declining whereas total industry sales are increasing,which strategy do you think may be the right one to pursue?Select correct option:



Communities




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BanksSuppliersAll of the given options

Question # 8 of 15 ( Start time: 11:10:42 PM ) Total Marks: 1Firm with its SPACE matrix vector in conservative quadrant may peruse all of thefollowing strategies EXCEPT:Select correct option:

Market penetrationProduct developmentMarket developmentDivestiture

Question # 9 of 15 ( Start time: 11:10:57 PM ) Total Marks: 1Assigning rating 3 to an internal factor in IFE matrix indicates what?Select correct option:

Major weaknessMinor weaknessMinor strengthMajor strength

Question # 10 of 15 ( Start time: 11:11:14 PM ) Total Marks: 1Which of the following groups represents the stakeholders of a company?Select correct option:

The owners of the companyThe people who purchases the shares of the companyThe people who have a special stake or claim on the companyAre the people who are in the management a company

Question # 11 of 15 ( Start time: 11:11:33 PM ) Total Marks: 1Which of the following is NOT a part of resource allocation plan?Select correct option:

Basic allocation decisionContingency mechanismsPrimary allocation mechanismNone of the given options

Question # 12 of 15 ( Start time: 11:12:08 PM ) Total Marks: 1Which strategy seeks to increase market share of present products or services in present




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markets through greater marketing efforts?Select correct option:

Market penetrationMarket developmentBackward integrationProduct development

Question # 13 of 15 ( Start time: 11:12:37 PM ) Total Marks: 1R & D expertise should be obtained through acquisition of a well-established in theindustry in which of the following situation:Select correct option:




Question # 15 of 15 ( Start time: 11:13:23 PM ) Total Marks: 1Adding new but unrelated products or services for appealing present customers is knownas:Select correct option:

Forward integrationBackward integrationConglomerate diversificationHorizontal diversification

Question # 1 of 15 ( Start time: 11:22:39 PM ) Total Marks: 1All of the following would be considered as opportunities for a business, EXCEPT:Select correct option:

Removal of international trade barriersEmergence of unfulfilled customer need




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Emergence of substitute productsLoosening of regulations

Question # 2 of 15 ( Start time: 11:23:21 PM ) Total Marks: 1All of the following strategies are recommended to be perused by Question Markdivisions EXCEPT:Select correct option:




Question # 4 of 15 ( Start time: 11:23:42 PM ) Total Marks: 1All of the following are the examples of inbound logistics EXCEPT:Select correct option:



It contains the definition of the company's businessIt is called the picture of a company’s future.It is a statement containing the company's major goalsIt is known as statement of the corporate philosophy

Question # 6 of 15 ( Start time: 11:24:08 PM ) Total Marks: 1ABC Corporation can have competitive advantage over its competitor by taking all of thefollowing actions EXCEPT:




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By increasing product qualityBy having debt/equity ratio equals to 1By altering product life cycleBy increasing customer base

Question # 7 of 15 ( Start time: 11:24:59 PM ) Total Marks: 1Which of the following is the highest possible weighted score for the organization in IFEmatrix?Select correct option:

1.01.52.54.0

Question # 8 of 15 ( Start time: 11:25:11 PM ) Total Marks: 1Which of the following statement is NOT true about Employee stock ownership plan?Select correct option:

These corporations are owned in whole or in part by their employeesTheir employees can buy shares at any time or after a certain length of employmentTheir shares are traded on public stock marketThe profits of these corporations are shared with their employees

Question # 9 of 15 ( Start time: 11:26:19 PM ) Total Marks: 1Which of the following is best identified as being an adaptation of the divisionalstructure?Select correct option:

Vertical IntegrationStrategic business unitsJoint ventureNone of the given options

Question # 10 of 15 ( Start time: 11:26:49 PM ) Total Marks: 1Which of the following decisions determine the amount of funds that are retained in afirm compared to the amount paid out to stockholders?Select correct option:

FinancingInvestment




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CapitalDividend

Question # 11 of 15 ( Start time: 11:27:06 PM ) Total Marks: 1Which one of the following is NOT a SMART criterion?Select correct option:

MeasurableStrategyAchievableRelevant

Question # 12 of 15 ( Start time: 11:27:11 PM ) Total Marks: 1Which of the following strategy generally entails large research and developmentexpenditures?Select correct option:


Question # 13 of 15 ( Start time: 11:27:50 PM ) Total Marks: 1The strategy implemented by ABC Corporation has failed. Further an investigation intothe matters has revealed that strategy was not reasonable in terms of organization’sresources. Which of the Rumelt’s criteria did not meet?Select correct option:

ConsistencyConsonanceFeasibilityAdvantage

Question # 14 of 15 ( Start time: 11:29:16 PM ) Total Marks: 1All of the following are Primary activities of Porter’s supply chain model EXCEPT:Select correct option:

Marketing and SalesOutbound LogisticsFirm InfrastructureInbound Logistics





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Defensive strategies include all of the following EXCEPT:Select correct option:


Question # 1 of 15 ( Start time: 11:46:03 PM ) Total Marks: 1The SMART goal criteria ‘Relevant’ suggests which one of the following?Select correct option:

Are you able to assess your progress?Do you know exactly what you want to accomplish?Is your goal relevant towards your purpose in life?What is the deadline for completing your goal?

Question # 2 of 15 ( Start time: 11:47:10 PM ) Total Marks: 1The in-house R & D is a preferred solution in which of the following situation:Select correct option:


Question # 3 of 15 ( Start time: 11:47:38 PM ) Total Marks: 1How many cost drivers Porter suggested related to Supply chain activities?Select correct option:

EightNineTenEleven

Question # 4 of 15 ( Start time: 11:47:44 PM ) Total Marks: 1All of the following are Porter's Generic Strategies EXCEPT:Select correct option:

DifferentiationHybridCost leadershipFocus




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Question # 5 of 15 ( Start time: 11:47:50 PM ) Total Marks: 1The strategy implemented by ABC Corporation has failed. Further an investigation intothe matters has revealed that strategy was not reasonable in terms of organization’sresources. Which of the Rumelt’s criteria did not meet?Select correct option:

ConsistencyConsonanceFeasibilityAdvantage

Question # 6 of 15 ( Start time: 11:48:09 PM ) Total Marks: 1Identify the term that is known as a “mean of providing guidance to actions andprocedures, including how resources are to be allocated and how tasks assigned to theorganization might be accomplished”.Select correct option:

AspirationsObjectivesPoliciesGoals

Question # 7 of 15 ( Start time: 11:48:26 PM ) Total Marks: 1Which management function includes breaking tasks into jobs, combining jobs to formdepartments and delegating authority?Select correct option:

MotivatingStaffingOrganizingPlanning

Question # 8 of 15 ( Start time: 11:48:39 PM ) Total Marks: 1Which of the following is a defensive strategy that involves the reduction of costs andassets by a company in order to survive and recover from declining profits?Select correct option:

DivestitureRetrenchmentLow costLiquidation




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Question # 9 of 15 ( Start time: 11:49:14 PM ) Total Marks: 1Which alternative becomes more attractive financing technique when cost of capital ishigh?Select correct option:

Debt financingCombination financingRaising equityBorrowing

Question # 10 of 15 ( Start time: 11:49:19 PM ) Total Marks: 1Of the following, which one would NOT be considered one of the components of amission statement?Select correct option:

The target market for XYZ is oil and gas producers as well as producers of chemicalsXYZ shall hire only those individuals who have with sufficient educational levels so as

to be of benefit to our customersThe customers of XYZ shall include global and local consumers of gas and oil products

and domestic users of nontoxic chemicalsThe technologies utilized by XYZ shall focus upon development of alternative sources

of gas and oil so as to remain competitive within the industry

Question # 11 of 15 ( Start time: 11:49:51 PM ) Total Marks: 1All of the following are included in the five functions of the management processEXCEPT:Select correct option:

PlanningOrganizingLeadingDelegating

Question # 12 of 15 ( Start time: 11:50:05 PM ) Total Marks: 1The process of monitoring performance, comparing it with goals, and correcting anysignificant deviations is known as:Select correct option:

PlanningOrganizingLeadingControlling




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Question # 13 of 15 ( Start time: 11:50:17 PM ) Total Marks: 1Which of the following is NOT included in the strategic management model?Select correct option:

Measure and evaluate performance.Perform internal research to identify customers.Establish long-term objectives.Develop mission and vision statements.



Question # 15 of 15 ( Start time: 11:50:59 PM ) Total Marks: 1All of the following are Richard Rumelt’s criteria to evaluate a strategy EXCEPT:Select correct option:

DistinctivenessFeasibilityAdvantageConsistency

Question # 1 of 15 ( Start time: 12:00:16 AM ) Total Marks: 1Which one of the following leads to only allowing the other to "win" the conflict?Select correct option:

High concern for the other party's outcomesHigh concern for one's own and other party's outcomesHigh concern for one's own outcomesNo concern for either side's outcomes

Question # 2 of 15 ( Start time: 12:00:55 AM ) Total Marks: 1Financial ratios are helpful in analyzing the relationship among which of the following?Select correct option:

All assets and liabilitiesProfits and costsAll functional areas of business




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Sales and profitability

Question # 3 of 15 ( Start time: 12:01:08 AM ) Total Marks: 1A firm should practice Joint Venture strategy in which of the following cases?Select correct option:

When the SPACE matrix vector lies in defensive quadrantWhen the SPACE matrix vector lies in aggressive quadrantWhen the SPACE matrix vector lies in conservative quadrantWhen the SPACE matrix vector lies in competitive quadrant

Question # 4 of 15 ( Start time: 12:02:23 AM ) Total Marks: 1Which of the following strategy generally entails large research and developmentexpenditures?Select correct option:


Question # 5 of 15 ( Start time: 12:02:39 AM ) Total Marks: 1All of the following are the examples of inbound logistics EXCEPT:Select correct option:


Question # 6 of 15 ( Start time: 12:02:54 AM ) Total Marks: 1Which of the following is a defensive strategy that involves the reduction of costs andassets by a company in order to survive and recover from declining profits?Select correct option:


Question # 7 of 15 ( Start time: 12:03:00 AM ) Total Marks: 1Swan Shoes is a company that specializes in manufacturing stylish shoes. Its managersare trying to answer such questions as: What is the current situation of the company?




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Swan Shoes is most likely to conduct which one of the following?Select correct option:

WS analysisTOWS analysisWT analysisOS analysis



Question # 9 of 15 ( Start time: 12:04:10 AM ) Total Marks: 1Which one of the following best describes the Rumelt’s criterion “Consonance”?Select correct option:


Question # 10 of 15 ( Start time: 12:04:30 AM ) Total Marks: 1In BCG growth-share matrix, which of the following would be most likely to possess alow market share and a high growth rate?Select correct option:

DogQuestion markCash cowStar

Question # 11 of 15 ( Start time: 12:05:14 AM ) Total Marks: 1The last remedy for Quadrant II firm is to follow which strategy?Select correct option:

Horizontal integration




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Market developmentForward integrationDivestiture

Question # 12 of 15 ( Start time: 12:05:31 AM ) Total Marks: 1Which of the following marketing entity is NOT an intermediary?Select correct option:

BrokersAgentsProducerVendors

Question # 13 of 15 ( Start time: 12:05:48 AM ) Total Marks: 1Which of the following refers to a functional support role of an information system?Select correct option:

What if…?" questionsWhat is the capacity of plant?What do we do?What if tax rate increases by 10%?

Question # 14 of 15 ( Start time: 12:06:21 AM ) Total Marks: 1Defensive strategies include all of the following EXCEPT:Select correct option:


Question # 15 of 15 ( Start time: 12:06:27 AM ) Total Marks: 1Re-engineering process innovation which involves all EXCEPT:Select correct option:

Improvement in qualityImprovement of divisionsImprovement in serviceImprovement of speed

Question # 1 of 15 ( Start time: 12:24:30 AM ) Total Marks: 1Which of the following is more concerned with employee and customer well-being thanshareholder well-being?




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BenchmarkingReengineeringE-engineeringRestructuring

Question # 2 of 15 ( Start time: 12:24:46 AM ) Total Marks: 1What is the purpose of strategy evaluation?Select correct option:


Question # 3 of 15 ( Start time: 12:25:00 AM ) Total Marks: 1While evaluating a strategy, Corrective actions are almost always needed EXCEPT:Select correct option:

When external and internal factors have not significantly changedWhen the firm is not progressing satisfactorily toward objectivesWhen the firm has not achieved the stated organizational goalsWhen there are differences between desired results and achieved results

Question # 4 of 15 ( Start time: 12:25:46 AM ) Total Marks: 1In adapting to change an organization must monitor which of the following?Select correct option:


Question # 5 of 15 ( Start time: 12:25:51 AM ) Total Marks: 1Which category of ratios measures a firm’s ability to meet maturing short-termobligations?Select correct option:

ProfitabilityLeverageLiquidityActivity




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Question # 6 of 15 ( Start time: 12:26:10 AM ) Total Marks: 1Which of the following is not a strategy-implementation activity?Select correct option:

Long term goals and objectivesDeveloping strategy supportive cultureRedirecting marketing effortsDeveloping and utilizing information system

Question # 7 of 15 ( Start time: 12:26:31 AM ) Total Marks: 1Which one of the following strategies is referred as presenting products, often with a littleor no modification, to customers in related marketing areas?Select correct option:

Market developmentMarket penetrationHorizontal integrationProduct development

Question # 8 of 15 ( Start time: 12:26:46 AM ) Total Marks: 1Departmentalization can be done on the basis of many factors EXCEPT:Select correct option:

FunctionsNumber of employeesStrategic business unitsDivisions

Question # 9 of 15 ( Start time: 12:27:14 AM ) Total Marks: 1What is represented by the pie slice in BCG matrix?Select correct option:

Relative market share captured by that divisionCompetitive position possessed by that divisionFinancial strength of the division in relation to other divisionsProportion of corporate profits generated by the division

Question # 10 of 15 ( Start time: 12:28:45 AM ) Total Marks: 1All of the following are the limitations of BCG Matrix EXCEPT:Select correct option:

It is one-dimensional to view every business as a star, cash cow, dog or question mark.




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BCG can not be developed if a firm have at less than least three years data.The businesses that fall in the centre of BCG matrix can not be classified.Other variables such as size of market and competitive advantages are not considered.

Question # 11 of 15 ( Start time: 12:29:12 AM ) Total Marks: 1Which statement is CORRECT about strategic-management process?Select correct option:

It occurs once a yearIt is a continuous processIt applies mostly to large businessIt applies mostly to small businesses



Question # 13 of 15 ( Start time: 12:29:34 AM ) Total Marks: 1The reason to develop QSPM is to evaluate the alternative strategies derived from all ofthese EXCEPT:Select correct option:

Grand Strategy MatrixBCG MatrixSpace MatrixCPM Matrix

Question # 14 of 15 ( Start time: 12:30:11 AM ) Total Marks: 1Which of the following is NOT a component of external environment analysis?Select correct option:

Customer satisfaction feedbackGlobal impactsLegal issues within the industryCompetitive position of rival companies

Question # 15 of 15 ( Start time: 12:31:30 AM ) Total Marks: 1External forces directly affects all of the following EXCEPT:




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Market segmentation strategiesTypes of products/services offeredManagement structure of organizationChoice of businesses to acquire or sell

Question # 1 of 15 ( Start time: 12:47:39 AM ) Total Marks: 1What is NOT a major benefit of having a diverse workforce?Select correct option:

Improvement of the bottom lineAn increase in training costsAn increase in productivityA decrease in complaints

Question # 2 of 15 ( Start time: 12:48:11 AM ) Total Marks: 1Which of these strategies is effective when the number of suppliers is small and thenumber of competitors is large?Select correct option:

Conglomerate diversificationForward integrationBackward integrationHorizontal diversification

Question # 3 of 15 ( Start time: 12:48:36 AM ) Total Marks: 1All of the following are the key opportunities or threats in external environment becauseof Political, Govt. & lLegal force EXCEPT:Select correct option:

Tax ratesTrust in governmentPak-India relationshipsPatent laws

Question # 4 of 15 ( Start time: 12:49:01 AM ) Total Marks: 1Which of the following is NOT included in the strategic management model?Select correct option:

Measure and evaluate performance.Perform internal research to identify customers.Establish long-term objectives.




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Develop mission and vision statements.

Question # 5 of 15 ( Start time: 12:49:14 AM ) Total Marks: 1All of the following fall under Pricing decisions EXCEPT:Select correct option:


Question # 6 of 15 ( Start time: 12:49:20 AM ) Total Marks: 1Most likely, what was the cash cow in the past?Select correct option:


Question # 7 of 15 ( Start time: 12:49:26 AM ) Total Marks: 1A joining of two companies through one company buying more than one half of the othercompany's stocks is known as:Select correct option:


Question # 8 of 15 ( Start time: 12:49:33 AM ) Total Marks: 1Which one of the following is the characteristic of Question marks?Select correct option:

Excess cash generationLow cash generationOpportunities for growthNo-market-growth industry

Question # 9 of 15 ( Start time: 12:50:47 AM ) Total Marks: 1The analysis of industry’s major competitors’ strengths may give an insight of which oneof these?Select correct option:




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Key threats for the firmKey opportunities for the firmBoth opportunities and strengths for the firmNone of the given options

Question # 10 of 15 ( Start time: 12:51:02 AM ) Total Marks: 1The XYZ Organization has a statement that describes the needs for which theorganization was created to fill and answers the basic question of why the organizationexists. XYZ is most likely to have any one of the following?Select correct option:

StrategyVision statementMission statementFunctional tactics

Question # 11 of 15 ( Start time: 12:51:15 AM ) Total Marks: 1Which of the following is not a pitfall an organization should avoid in strategic planning?Select correct option:

Failing to involve key employees in all phases of planningInvolving all managers rather than delegating planning to a plannerTop managers not actively supporting the strategic planning processDoing strategic planning only to satisfy accreditation or regulatory requirements

Question # 12 of 15 ( Start time: 12:51:29 AM ) Total Marks: 1Which of the following is not a key question that can reveal internal strengths andweaknesses of the marketing department?Select correct option:


Question # 13 of 15 ( Start time: 12:51:47 AM ) Total Marks: 1“Substantial changes to the range of offerings or the markets served or both” is referredas:Select correct option:

DifferentiationDiversification




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RelocationBrand extension

Question # 14 of 15 ( Start time: 12:52:07 AM ) Total Marks: 1Which of the following is NOT included in SWOT Matrix?Select correct option:

Matching strengths and threatsMatching weaknesses and threatsMatching weaknesses and opportunitiesMatching weaknesses and strengths

Question # 15 of 15 ( Start time: 12:52:23 AM ) Total Marks: 1Technological advancements can create which of the following advantage besides manyother existing powerful advantages for the businesses?Select correct option:

EconomicCompetitiveSocialEnvironmental

Question # 1 of 15 ( Start time: 03:47:00 AM ) Total Marks: 1All of the following are the examples of pricing decisions EXCEPT:Select correct option:

Volume discountsBundlingPrice flexibilityRepairs and Support


It is one-dimensional to view every business as a star, cash cow, dog or question mark.BCG can not be developed if a firm have at less than least three years data.The businesses that fall in the centre of BCG matrix can not be classified.Other variables such as size of market and competitive advantages are not considered.

Question # 3 of 15 ( Start time: 03:47:46 AM ) Total Marks: 1Input stage of strategy-formulation framework includes developing which of thefollowing set of strategies?




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IFE, EFE and QSPM MatrixIFE, IE and BCG MatrixIFE, CPM and EFE MatrixEFE, IE and CPM Matrix

Question # 4 of 15 ( Start time: 03:48:52 AM ) Total Marks: 1Strategic management integrates all of the following areas EXCEPT:Select correct option:


Question # 5 of 15 ( Start time: 03:49:07 AM ) Total Marks: 1Which of the following is the benefit of strategic management?Select correct option:

Fewer complexesMore complexLess staticMore profitable

Question # 6 of 15 ( Start time: 03:49:19 AM ) Total Marks: 1Which stage of the strategy-formulation framework focuses on generating feasiblealternative strategies?Select correct option:







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Question # 9 of 15 ( Start time: 03:50:01 AM ) Total Marks: 1Swan Shoes is a company that specializes in manufacturing stylish shoes. Its managersare trying to answer such questions as: What is the current situation of the company?Swan Shoes is most likely to conduct which one of the following?Select correct option:


Question # 10 of 15 ( Start time: 03:50:07 AM ) Total Marks: 1Corporate social policy should be designed and articulated during which phase ofstrategic management?Select correct option:


Question # 11 of 15 ( Start time: 03:50:19 AM ) Total Marks: 1Which of the following depicts the signs of strength of a company's competitive position?Select correct option:

A debt-to-asset ratio below 0.50 and higher EPS.A website with extensive information about the company and its product line.An annual R&D and advertising expenditures greater than $10 million.A strongly differentiated product, a strong or rising market share.

Question # 12 of 15 ( Start time: 03:51:05 AM ) Total Marks: 1




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In BCG growth-share matrix, which of the following would be most likely to possess alow market share and a high growth rate?Select correct option:


Question # 13 of 15 ( Start time: 03:51:33 AM ) Total Marks: 1Which type of trend can be exemplified by the increase in average level of education in asociety?Select correct option:

SocialEconomicCulturalTechnological

Question # 14 of 15 ( Start time: 03:52:05 AM ) Total Marks: 1Which of the following groups represents the stakeholders of a company?Select correct option:


Question # 15 of 15 ( Start time: 03:52:20 AM ) Total Marks: 1Which stage of the "Strategy Formulation Framework" includes an External FactorEvaluation Matrix and a Competitive Profile Matrix?Select correct option:

Input stageOutput stageMatching stageDecision stage

Question # 1 of 15 ( Start time: 03:57:35 AM ) Total Marks: 1What happens to the demand for discretionary goods when interest rates rise?Select correct option:

Rises




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DeclinesRemains the sameFirst rises then declines

Question # 2 of 15 ( Start time: 03:58:01 AM ) Total Marks: 1Research and development activity performed by R & D department of AZD companyresulted in the introducing a telecommunications system in a foreign country. This R & Dactivity is referred as:Select correct option:


Question # 3 of 15 ( Start time: 03:58:16 AM ) Total Marks: 1Adding new but unrelated products or services for appealing present customers is knownas:Select correct option:

Forward integrationBackward integrationConglomerate diversificationHorizontal diversification

Question # 4 of 15 ( Start time: 03:58:23 AM ) Total Marks: 1Of the following, which one would NOT be considered one of the components of amission statement?Select correct option:





Question # 5 of 15 ( Start time: 03:58:38 AM ) Total Marks: 1In order to avoid the emergence of substitute products, AF & Z Corporation has obtainedan access and control over the scarce natural resources necessary to produce theirproducts. Thus, which of the following strategies is being practiced by AF & ZCorporation?




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SO StrategyWO StrategySW StrategyST Strategy

Question # 6 of 15 ( Start time: 04:00:06 AM ) Total Marks: 1On the x-axis of IE Matrix, an IFE total weighted score of 1.50 depicts what?Select correct option:

A weak internal positionAn average internal positionA strong internal positionA low internal position



Question # 8 of 15 ( Start time: 04:01:49 AM ) Total Marks: 1Which one of the following leads to only allowing the other to "win" the conflict?Select correct option:

High concern for the other party's outcomesHigh concern for one's own and other party's outcomesHigh concern for one's own outcomesNo concern for either side's outcomes

Question # 9 of 15 ( Start time: 04:01:54 AM ) Total Marks: 1All of the following are the basic functions of marketing EXCEPT:Select correct option:

Selling products/servicesProduct and service planningMarketing researchArranging for finance




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Question # 10 of 15 ( Start time: 04:02:00 AM ) Total Marks: 1Developing a vision and a mission statement is important because of the followingreasons EXCEPT:Select correct option:

They are useful for large firms onlyThey establish organizational cultureThey are the basis for allocating resourcesThey translate objectives into work structure

Question # 11 of 15 ( Start time: 04:02:16 AM ) Total Marks: 1A & Ammar is the sole manufacturer of leather goods in Pakistan. Government haslowered the tax rates for this industry keeping in view of promoting other new firms toenter this industry. Lowering the tax rates of this industry will confront A & Ammar withwhich of the following?Select correct option:


Question # 12 of 15 ( Start time: 04:03:39 AM ) Total Marks: 1During which stage of strategic management, firm’s specific internal strengths andweaknesses are determined?Select correct option:

FormulationImplementationEvaluationFeedback

Question # 13 of 15 ( Start time: 04:03:51 AM ) Total Marks: 1“A desired future state that the organization attempts to realize”. Identify the termrelevant to the given statement.Select correct option:

GoalStrategyPolicyProcedure




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Question # 14 of 15 ( Start time: 04:04:05 AM ) Total Marks: 1All of the following are Primary activities of Porter’s supply chain model EXCEPT:Select correct option:

Marketing and SalesOutbound LogisticsFirm InfrastructureInbound Logistics

Question # 15 of 15 ( Start time: 04:04:20 AM ) Total Marks: 1“Focusing all marketing decisions on a very specific group of people which a businesswants to reach” is known as:Select correct option:

Target marketingSegmentationMass marketingPositioning

Question # 1 of 15 ( Start time: 04:23:06 AM ) Total Marks: 1Defensive strategies include all of the following EXCEPT:Select correct option:


Question # 2 of 15 ( Start time: 04:23:11 AM ) Total Marks: 1Effective mission statements don’t have one of the following features:Select correct option:

Generate range of feasible strategic alternativesReconcile interests among diverse stakeholdersWhat does the firm want to becomeProvide criteria for selecting strategies

Question # 3 of 15 ( Start time: 04:23:30 AM ) Total Marks: 1Reasons due to which some firms do “No Strategic Planning” incorporate all of thefollowing EXCEPT:Select correct option:

Wastage of time




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Fire-fightingContent with successPrivileged reward structures

Question # 4 of 15 ( Start time: 04:23:47 AM ) Total Marks: 1In the SPACE analysis, what does (+7, -6) coordinates depict?Select correct option:

A firm operating in a strong industry with an unstable environmentA firm operating in a strong industry with a stable environmentA highly competitive firm operating in an unstable environmentA financially strong firm operating in an unstable environment

Question # 5 of 15 ( Start time: 04:25:12 AM ) Total Marks: 1Firms in quadrant-IV of grand strategy matrix have which of the followingcharacteristics?Select correct option:


Question # 6 of 15 ( Start time: 04:25:29 AM ) Total Marks: 1What is the purpose of strategy evaluation?Select correct option:


Question # 7 of 15 ( Start time: 04:25:35 AM ) Total Marks: 1Which management function includes breaking tasks into jobs, combining jobs to formdepartments and delegating authority?Select correct option:






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The general conditions for competition that influence business firms, which providesimilar products and services is known:Select correct option:

Remote environmentInternational environmentExternal environmentIndustry environment



Question # 10 of 15 ( Start time: 04:26:08 AM ) Total Marks: 1Ethnic balance is affected due to which of the following?Select correct option:

Change in ethnic valuesAwareness of ethnic normsMigration of the people towards different areasIntroduction of new laws relating to ethnicity

Question # 11 of 15 ( Start time: 04:26:21 AM ) Total Marks: 1ABC Corporation can have competitive advantage over its competitor by taking all of thefollowing actions EXCEPT:Select correct option:

By increasing product qualityBy having debt/equity ratio equals to 1By altering product life cycleBy increasing customer base

Question # 12 of 15 ( Start time: 04:26:35 AM ) Total Marks: 1ABC firm is facing high production costs in Pakistan due to expensive raw material. Thefirm is formulating a strategy of capturing European market because of low priced rawmaterial and high demand of their products in Europe. Keeping in view the mentionedsituation which of the following strategies ABC firm must pursue?Select correct option:




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WO StrategySW StrategyST StrategyWT Strategy

Question # 13 of 15 ( Start time: 04:28:03 AM ) Total Marks: 1All of the following would be considered as weaknesses to a business EXCEPT:Select correct option:


Question # 14 of 15 ( Start time: 04:28:10 AM ) Total Marks: 1Which of the following statements is NOT correct about a mission statement?Select correct option:







Question # 1 of 15 ( Start time: 04:38:43 AM ) Total Marks: 1Following are the examples of the sectors that are more technologically orientedEXCEPT:Select correct option:

Textile




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PharmaceuticalTelecommunicationsBeverages

Question # 2 of 15 ( Start time: 04:38:58 AM ) Total Marks: 1Identify the stages of strategic management process in a precise sequence.Select correct option:

Strategy evaluation, strategy formulation & strategy implementationStrategy evaluation, strategy implementation & strategy formulationStrategy formulation, strategy implementation & strategy evaluationStrategy implementation, strategy evaluation & strategy formulation

Question # 3 of 15 ( Start time: 04:39:14 AM ) Total Marks: 1Which of the following is NOT included in the strategic management model?Select correct option:


Question # 4 of 15 ( Start time: 04:39:32 AM ) Total Marks: 1Which of the following is more concerned with employee and customer well-being thanshareholder well-being?Select correct option:

BenchmarkingReengineeringE-engineeringRestructuring

Question # 5 of 15 ( Start time: 04:39:46 AM ) Total Marks: 1Which of the following are the two external dimensions to be considered in SPACEMatrix?Select correct option:






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Which of these is not a correct step in product positioning?Select correct option:

Select the criteria that differentiate products or services in the industryDiagram a two-dimensional product-positioning map with specified criteriaPlot major competitors’ products or services in the resultant matrixCompare competitor's and company's products or services on resultant matrix

Question # 7 of 15 ( Start time: 04:41:24 AM ) Total Marks: 1Which of the following statement applies to Vision Statement?Select correct option:


Question # 8 of 15 ( Start time: 04:41:42 AM ) Total Marks: 1All of the following are the examples of promotion decision EXCEPT:Select correct option:

Personal sellingVolume discountsPublic relationsAdvertising

Question # 9 of 15 ( Start time: 04:42:16 AM ) Total Marks: 1All of the following would be considered as weaknesses to a business EXCEPT:Select correct option:


Question # 10 of 15 ( Start time: 04:42:21 AM ) Total Marks: 1All of the following are the examples of Service activity of Porter’s supply chain modelEXCEPT:Select correct option:

Customer supportPackagingRepair services




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Installation



Question # 12 of 15 ( Start time: 04:43:08 AM ) Total Marks: 1Which one of the following is NOT a key external force?Select correct option:

Social responsibilityOzone reductionCompany managementEnergy conservation



Question # 14 of 15 ( Start time: 04:43:54 AM ) Total Marks: 1Which of the following is an example of a narrow mission?Select correct option:


Question # 15 of 15 ( Start time: 04:44:07 AM ) Total Marks: 1Product development involves going in the direction of which one of the following?Select correct option:




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Present products to present marketsPresent products to new marketsNew products to present marketsNew products to new markets

Question # 1 of 15 ( Start time: 04:47:29 AM ) Total Marks: 1All of the following are the examples of inbound logistics EXCEPT:Select correct option:




Question # 3 of 15 ( Start time: 04:47:53 AM ) Total Marks: 1Which one of the following statement is TRUE about EBIT (Earnings Before Interest andTaxes)?Select correct option:

It is calculated as revenue minus depreciation and interest expensesIt is calculated as revenue minus expenses excluding tax and interestIt is calculated as revenue minus cost of goods sold and sales taxesIt is calculated as revenues minus selling and administrative expenses

Question # 4 of 15 ( Start time: 04:49:03 AM ) Total Marks: 1“The process of dividing markets into groups of consumers who are similar to eachother”. Which of the following terms describes the statement?Select correct option:

PositioningSegmentationMarketingTargeting




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Question # 5 of 15 ( Start time: 04:49:28 AM ) Total Marks: 1Abdullah group of industries is involved in the sale of its marginal business. It is motlikely to say that Abdullah group is implementing which one of the following strategies?Select correct option:

RetrenchmentLiquidationAcquisitionJoin venture

Question # 6 of 15 ( Start time: 04:50:46 AM ) Total Marks: 1Which one of the following best describes the Rumelt’s criterion “Consonance”?Select correct option:


Question # 7 of 15 ( Start time: 04:51:01 AM ) Total Marks: 1Which one of the following actions is more effective regarding the change inorganizational culture?Select correct option:

A strategy should be changed to fit an existing cultureA strategy and culture both should be changed at the same timeA firm culture should be changed to fit a new strategyAll of the given options

Question # 8 of 15 ( Start time: 04:52:24 AM ) Total Marks: 1Which of the following is NOT one of the major approaches to R&D?Select correct option:






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Question # 10 of 15 ( Start time: 04:52:45 AM ) Total Marks: 1Which statements best represents ‘Restructuring’?Select correct option:


Question # 11 of 15 ( Start time: 04:52:51 AM ) Total Marks: 1Various job titles of a strategist may includes all of the following EXCEPT:Select correct option:


Question # 12 of 15 ( Start time: 04:52:56 AM ) Total Marks: 1Which stage of the strategy-formulation framework consists of the Quantitative StrategicPlanning Matrix?Select correct option:

Formulation frameworkMatching stageDecision stageAll of the given options

Question # 13 of 15 ( Start time: 04:53:11 AM ) Total Marks: 1While evaluating a strategy, Corrective actions are almost always needed EXCEPT:Select correct option:

When external and internal factors have not significantly changedWhen the firm is not progressing satisfactorily toward objectivesWhen the firm has not achieved the stated organizational goalsWhen there are differences between desired results and achieved results





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Which of these is not a correct step in product positioning?Select correct option:

Select the criteria that differentiate products or services in the industryDiagram a two-dimensional product-positioning map with specified criteriaPlot major competitors’ products or services in the resultant matrixCompare competitor's and company's products or services on resultant matrix

Question # 15 of 15 ( Start time: 04:53:33 AM ) Total Marks: 1What kind of strategy retrenchment is?Select correct option:




Question # 2 of 15 ( Start time: 02:18:01 AM ) Total Marks: 1Which of the following groups represents the stakeholders of a company?Select correct option:


Question # 3 of 15 ( Start time: 02:18:42 AM ) Total Marks: 1Which of the following are developed in strategy implementation phase of strategicmanagement?Select correct option:

Vision and missionAnnual objectivesStrengths and weaknesses




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Opportunities and threats

Question # 4 of 15 ( Start time: 02:19:13 AM ) Total Marks: 1Which of the following are the two external dimensions to be considered in SPACEMatrix?Select correct option:


Question # 5 of 15 ( Start time: 02:20:19 AM ) Total Marks: 1All of the following statements are true about a firm’s mission statement EXPECT:Select correct option:

A mission statement does not directly contribute positively to financial performance.A mission statement directly contributes positively to financial performance.A mission statement should not provide useful criteria for selecting among alternative

strategies.Primary reason to develop a mission statement is not to attract the customers

Question # 6 of 15 ( Start time: 02:21:10 AM ) Total Marks: 1Which of these basic questions a vision statement answers?Select correct option:


Question # 7 of 15 ( Start time: 02:21:46 AM ) Total Marks: 1Which of the followings deals with the management of inputs, transformations andoutputs that vary across industries and markets?Select correct option:

MarketingFinanceOperationsDistribution





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Financial benefits of strategic management includes all of the following EXCEPT:Select correct option:

Progression in profitabilityImprovement in employee productivityExpansion in the sales of businessEnhancement in productivity

Question # 9 of 15 ( Start time: 02:22:47 AM ) Total Marks: 1Which of the following categories of ratios includes return on total assets and return onstockholders’ equity as its types?Select correct option:


Question # 10 of 15 ( Start time: 02:23:14 AM ) Total Marks: 1Which one variable falls under the category of the Social, Cultural, Demographic, andEnvironmental Variable?Select correct option:

Propensity of people to spendBuying habitsLevel of disposable incomeIncome differences by region

Question # 11 of 15 ( Start time: 02:23:38 AM ) Total Marks: 1Which of the following describes a differentiation strategy?Select correct option:






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Wastage of timeFire-fightingContent with successPrivileged reward structures

Question # 14 of 15 ( Start time: 02:26:50 AM ) Total Marks: 1Din Mohammad, a farmer sells his crops at the local market rather than to a distributioncenter. This action of Din Mohammad comes under which of the following?Select correct option:


Question # 15 of 15 ( Start time: 02:27:27 AM ) Total Marks: 1Which marketing function includes test marketing?Select correct option:


Question # 1 of 15 ( Start time: 02:33:56 AM ) Total Marks: 1Which one variable falls under the category of the Social, Cultural, Demographic, andEnvironmental Variable?Select correct option:




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Question # 3 of 15 ( Start time: 02:34:56 AM ) Total Marks: 1Which of the following is NOT a part of resource allocation plan?Select correct option:

Basic allocation decisionContingency mechanismsPrimary allocation mechanismNone of the given options

Question # 4 of 15 ( Start time: 02:35:52 AM ) Total Marks: 1During which stage of strategic management, firm’s specific internal strengths andweaknesses are determined?Select correct option:


Question # 5 of 15 ( Start time: 02:36:58 AM ) Total Marks: 1Which of the following refers to the belief related to objectives setting that "the future isladen with great uncertainty and that if we try and do not succeed, then we hope oursecond (or third) attempt will succeed"?Select correct option:




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Question # 7 of 15 ( Start time: 02:38:05 AM ) Total Marks: 1Which of the following is one of the Political, Governmental & legal factors?Select correct option:

Ethical concernsTraffic congestionLobbying activitiesAverage level of education

Question # 8 of 15 ( Start time: 02:38:34 AM ) Total Marks: 1Majority of the businesses follow which of the following organizational structure?Select correct option:

Strategic business unitFunctional structureDivisional structureMatrix structure

Question # 9 of 15 ( Start time: 02:40:03 AM ) Total Marks: 1External forces directly affects all of the following EXCEPT:Select correct option:




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Question # 10 of 15 ( Start time: 02:40:54 AM ) Total Marks: 1As managers move up the organization, they perform which of the management functionmore?Select correct option:

LeadingControllingOrganizingPlanning

Question # 11 of 15 ( Start time: 02:41:33 AM ) Total Marks: 1Firms in quadrant-IV of grand strategy matrix have which of the followingcharacteristics?Select correct option:


Question # 12 of 15 ( Start time: 02:43:00 AM ) Total Marks: 1When both divestiture and retrenchment have been pursued unsuccessfully, which of thefollowing strategies is effective to pursue?Select correct option:

Forward integrationLiquidationMergerTakeover

Question # 13 of 15 ( Start time: 02:43:44 AM ) Total Marks: 1Investment decisions are also known as:Select correct option:




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Business financeCapital structureCapital budgetingDividend policy

Question # 14 of 15 ( Start time: 02:44:08 AM ) Total Marks: 1Which of these strategies is effective when the number of suppliers is small and thenumber of competitors is large?Select correct option:


Question # 15 of 15 ( Start time: 02:44:54 AM ) Total Marks: 1Which of the following is the process of influencing people to accomplish specificobjectives?Select correct option:

StaffingMotivatingControllingOrganizing



Question # 2 of 15 ( Start time: 02:49:32 AM ) Total Marks: 1IE matrix is based on which dimensions?Select correct option:

Market share and industry growth




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Financial strength and industry strengthWeighed scores of IFE and EFE matricesMarket growth and competitive position

Question # 3 of 15 ( Start time: 02:50:45 AM ) Total Marks: 1A & C Corporation currently possesses a low share of its available market. Moreover,this company's portfolio reveals it has extremely low market growth. A & C Corporationis most likely to be classed as which one of the following?Select correct option:

DogQuestion markStarCash cow

Question # 4 of 15 ( Start time: 02:51:48 AM ) Total Marks: 1Which of the following is the first step in developing QSPM?Select correct option:


Question # 5 of 15 ( Start time: 02:52:33 AM ) Total Marks: 1Which one of the following is the characteristic of Question marks?Select correct option:


Question # 6 of 15 ( Start time: 02:53:20 AM ) Total Marks: 1Which statement is CORRECT about strategic-management process?




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Question # 7 of 15 ( Start time: 02:53:39 AM ) Total Marks: 1What is the product of weights and attractiveness scores for each strategy in QSPM?Select correct option:

Sum total attractiveness scoresTotal attractiveness scoresWeighted scoresTotal weighted scores

Question # 8 of 15 ( Start time: 02:54:37 AM ) Total Marks: 1Which of the following is NOT a Corporate level objective?Select correct option:

Achieving return on investment of at least 15%Aiming to achieve a market share of 10%Attaining operating profit of over Rs.10 millionIncrease earnings per share by at least 10% every year



Question # 10 of 15 ( Start time: 02:57:26 AM ) Total Marks: 1Which of these strategies is effective when the number of suppliers is small and thenumber of competitors is large?




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Question # 11 of 15 ( Start time: 02:58:03 AM ) Total Marks: 1In order to avoid the emergence of substitute products, AF & Z Corporation has obtainedan access and control over the scarce natural resources necessary to produce theirproducts. Thus, which of the following strategies is being practiced by AF & ZCorporation?Select correct option:

SO StrategyWO StrategySW StrategyST Strategy

Question # 12 of 15 ( Start time: 02:59:32 AM ) Total Marks: 1Assessment of competitive rivalry does NOT include an understanding of which of thefollowing?Select correct option:

Mergers and acquisition in industryMarket growth ratesExit barriers and operational efficiency of competitorThe management structure of an organization

Question # 13 of 15 ( Start time: 03:00:26 AM ) Total Marks: 1The organizations that conduct business operations across national borders are known aswhich of the following?Select correct option:





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Question # 14 of 15 ( Start time: 03:00:52 AM ) Total Marks: 1Which one of the following is a reason for NOT choosing relative market share in BCGmatrix than profits?Select correct option:

It carries less information than just cash flowIt shows where the brand is positioned against competitorsIt indicates where it might be likely to go in the futureIt can also show what type of marketing activities

Question # 15 of 15 ( Start time: 03:02:19 AM ) Total Marks: 1"Other than ranking strategies to achieve the prioritized list, there is only one analyticaltechnique which is designed to determine the relative attractiveness of feasible alternativeactions". This technique is known as:Select correct option:

SPACEQSPMIFECPM

Question # 1 of 15 ( Start time: 03:20:14 AM ) Total Marks: 1Identify the term that is known as a “mean of providing guidance to actions andprocedures, including how resources are to be allocated and how tasks assigned to theorganization might be accomplished”.Select correct option:


Question # 2 of 15 ( Start time: 03:21:05 AM ) Total Marks: 1Which of the following stages of strategy formulation framework involves developingInternal-External (IE) Matrix?Select correct option:

Input stage




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Output stageMatching stageDecision stage

Question # 3 of 15 ( Start time: 03:22:27 AM ) Total Marks: 1Which of the following is an example of Intensive strategies?Select correct option:

Conglomerate strategyForward integrationMarket penetrationRetrenchment

Question # 4 of 15 ( Start time: 03:23:31 AM ) Total Marks: 1Internal strengths and weaknesses that can significantly benefit or harm an organizationmay include all of the following EXCEPT:Select correct option:

Production/ operationsResearch & developmentE-commerceManagement information system



Question # 6 of 15 ( Start time: 03:25:11 AM ) Total Marks: 1Which component of a mission statement addresses the firm’s distinctive competence ormajor competitive advantage?Select correct option:




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Question # 8 of 15 ( Start time: 03:27:31 AM ) Total Marks: 1While preparing an External Factor Evaluation matrix, a total score of 0.8 indicates what?Select correct option:




Question # 10 of 15 ( Start time: 03:29:03 AM ) Total Marks: 1In BCG growth-share matrix, which of the following would be most likely to possess alow market share and a high growth rate?Select correct option:




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Question # 11 of 15 ( Start time: 03:29:56 AM ) Total Marks: 1Retrenchment strategy should be followed by which one of the following firms?Select correct option:

Firm with its SPACE matrix vector in defensive quadrantFirm with its SPACE matrix vector in aggressive quadrantFirm with its SPACE matrix vector in conservative quadrantFirm with its SPACE matrix vector in competitive quadrant

Question # 12 of 15 ( Start time: 03:31:23 AM ) Total Marks: 1You are asked to prepare the IE Matrix of Roxon Incorporation. Your findings reveal thatits Southern division falls in IX cell of IE Matrix. How will you interpret your findings?Select correct option:

It can be managed best with Harvest or divest strategiesIt can be managed best with Grow and Build strategiesIt can be managed best with Grow and Maintain strategiesIt can be managed best with Hold and Maintain strategies

Question # 13 of 15 ( Start time: 03:32:50 AM ) Total Marks: 1What strategies are appropriate for the divisions that fall in grow and build region of IEmatrix?Select correct option:

Defensive and integrative strategiesIntensive and integrative strategiesDiversification and intensive strategiesDefensive and diversification strategies

Question # 14 of 15 ( Start time: 03:34:20 AM ) Total Marks: 1According to the Grand Strategy Matrix, in which quadrant organizations have a strongcompetitive position but are in a slow-growth industry?Select correct option:




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IIIIIIIV





Question # 2 of 15 ( Start time: 03:55:26 AM ) Total Marks: 1Which of the following is the greatest advantage of international operations?Select correct option:

Reduced tariffs and taxesAccess to global business practicesGaining new customersLess-intense competition

Question # 3 of 15 ( Start time: 03:56:07 AM ) Total Marks: 1Intuition is based on all of the following factors EXCEPT:Select correct option:




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Question # 4 of 15 ( Start time: 03:57:03 AM ) Total Marks: 1What term refers to selling a division of an organization?Select correct option:

Joint ventureDivestitureLiquidationHorizontal integration

What is the systematic gathering, recording, and analyzing of data about problemsrelating to the marketing of goods and services?Select correct option:

ManagementPlanningMarketing ResearchMarket segmentation

Which of the following is the process of influencing people to accomplish specificobjectives?Select correct option:


Which strategy should an organization use if it competes in a no-growth or a slow-growthindustry?Select correct option:

Related diversificationBackward integrationUnrelated diversification




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Retrenchment

The XYZ Organization has a statement that describes the needs for which theorganization was created to fill and answers the basic question of why the organizationexists. XYZ is most likely to have any one of the following?Select correct option:


Departmentalization can be done on the basis of many factors EXCEPT:Select correct option:


The strategy embraced by Ahmad Bros. is to address the needs of a very selected andspecialized market segment. That is most likely to engage in which one of the followingtypes of strategy?Select correct option:

Differentiation strategyGeneric strategyFocus strategyLow cost strategy

In the process of developing a mission statement, which of the following is CORRECT?Select correct option:

To involve as few managers as possibleTo involve as many managers as possibleTo involve upper-level management onlyTo involve the board of directors only




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A chance for advancement, progress or profit prevailing in external environment of acompany is known as:Select correct option:


Which of the following is a defensive strategy that involves the reduction of costs andassets by a company in order to survive and recover from declining profits?Select correct option:


All of the following are the basic functions of marketing EXCEPT:Select correct option:


In the SPACE analysis, what does (+6, +3) strategy profile portray?Select correct option:

A strong industry with strong financial strengthA stable environment with strong financial strengthA stable environment for highly competitive firmA strong industry operating in stable environment





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Question # 2 of 15 ( Start time: 03:55:26 AM ) Total Marks: 1Which of the following is the greatest advantage of international operations?Select correct option:


Question # 3 of 15 ( Start time: 03:56:07 AM ) Total Marks: 1Intuition is based on all of the following factors EXCEPT:Select correct option:


Question # 4 of 15 ( Start time: 03:57:03 AM ) Total Marks: 1What term refers to selling a division of an organization?Select correct option:

Joint ventureDivestitureLiquidationHorizontal integration

Question # 5 of 15 ( Start time: 03:58:07 AM ) Total Marks: 1What is the systematic gathering, recording, and analyzing of data about problemsrelating to the marketing of goods and services?Select correct option:

ManagementPlanningMarketing Research




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Market segmentation



Question # 7 of 15 ( Start time: 03:59:25 AM ) Total Marks: 1Which strategy should an organization use if it competes in a no-growth or a slow-growthindustry?Select correct option:

Related diversificationBackward integrationUnrelated diversificationRetrenchment



Question # 9 of 15 ( Start time: 04:01:23 AM ) Total Marks: 1Departmentalization can be done on the basis of many factors EXCEPT:Select correct option:





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Question # 10 of 15 ( Start time: 04:01:50 AM ) Total Marks: 1The strategy embraced by Ahmad Bros. is to address the needs of a very selected andspecialized market segment. That is most likely to engage in which one of the followingtypes of strategy?Select correct option:


Question # 11 of 15 ( Start time: 04:02:37 AM ) Total Marks: 1In the process of developing a mission statement, which of the following is CORRECT?Select correct option:


Question # 12 of 15 ( Start time: 04:03:26 AM ) Total Marks: 1A chance for advancement, progress or profit prevailing in external environment of acompany is known as:Select correct option:



DivestitureRetrenchment




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Low costLiquidation



Question # 15 of 15 ( Start time: 04:05:35 AM ) Total Marks: 1In the SPACE analysis, what does (+6, +3) strategy profile portray?Select correct option:

A strong industry with strong financial strengthA stable environment with strong financial strengthA stable environment for highly competitive firmA strong industry operating in stable environment

Question # 1 of 15 ( Start time: 11:24:48 AM ) Total Marks: 1Which of the following refers to the belief related to objectives setting that "the future isladen with great uncertainty and that if we try and do not succeed, then we hope oursecond (or third) attempt will succeed"?Select correct option:


Question # 2 of 15 ( Start time: 11:25:26 AM ) Total Marks: 1All of the specified approaches could be used to determine R&D budget allocationEXCEPT:Select correct option:

Financing as many projects as possibleUsing percentage-of-sales methodBudgeting irrelative to competitors




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Deciding how many successful new products are needed

Question # 3 of 15 ( Start time: 11:25:55 AM ) Total Marks: 1Which of the following are two positive-rated dimensions on SPACE Matrix?Select correct option:

FS and CACA and ESFS and ISIS and ES

Question # 4 of 15 ( Start time: 11:26:35 AM ) Total Marks: 1Smoothies Tire & Rubber Co. is selling its North American tire business to AvinzaInternational, is an example of which type of strategy?Select correct option:


Question # 5 of 15 ( Start time: 11:27:03 AM ) Total Marks: 1All of the following would be considered as opportunities for a business, EXCEPT:Select correct option:

Removal of international trade barriersEmergence of unfulfilled customer needEmergence of substitute productsLoosening of regulations

Question # 6 of 15 ( Start time: 11:28:32 AM ) Total Marks: 1When two organizations of about equal size unite to form one enterprise, which of thefollowing takes place?Select correct option:

Hostile takeoverMergerLiquidationDivestiture

Question # 7 of 15 ( Start time: 11:29:39 AM ) Total Marks: 1Which of the followings best describes the Horizontal integration?




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A firm takes over a supplierA firm takes over a distributorA firm takes over a competitorA firm takes over a manufacturer

Question # 8 of 15 ( Start time: 11:30:05 AM ) Total Marks: 1IE matrix is based on which dimensions?Select correct option:

Market share and industry growthFinancial strength and industry strengthWeighed scores of IFE and EFE matricesMarket growth and competitive position

Question # 9 of 15 ( Start time: 11:30:56 AM ) Total Marks: 1A & Ammar is the sole manufacturer of leather goods in Pakistan. Government haslowered the tax rates for this industry keeping in view of promoting other new firms toenter this industry. Lowering the tax rates of this industry will confront A & Ammar withwhich of the following?Select correct option:


Question # 10 of 15 ( Start time: 11:31:46 AM ) Total Marks: 1Which of the following statement is refered to ‘Price fluctuation’?Select correct option:


Question # 11 of 15 ( Start time: 11:32:25 AM ) Total Marks: 1Which approach for managing and resolving conflict involves playing down differencesbetween conflicting parties while stressing on similarities and common interests?




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Question # 12 of 15 ( Start time: 11:33:19 AM ) Total Marks: 1Which strategy seeks to increase market share of present products or services in presentmarkets through greater marketing efforts?Select correct option:




Question # 14 of 15 ( Start time: 11:34:17 AM ) Total Marks: 1Developing a vision and a mission statement is important because of the followingreasons EXCEPT:Select correct option:






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Question # 1 of 15 ( Start time: 11:42:58 AM ) Total Marks: 1A firm that is involved in two or more distinct businesses is known as:Select correct option:

A diversified companyA ventured companyA restructured companyA multinational corporation

Question # 2 of 15 ( Start time: 11:43:35 AM ) Total Marks: 1Strategy formulation techniques can be integrated into how many stages of decisionmaking framework?Select correct option:

TwoThreeFourFive

Question # 3 of 15 ( Start time: 11:44:20 AM ) Total Marks: 1‘Harvest or divest’ is one of the major regions of which of the following?Select correct option:

Competitive Profile MatrixInternal-External MatrixSPACE MatrixGrand Strategy Matrix






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Question # 5 of 15 ( Start time: 11:45:49 AM ) Total Marks: 1Which of the following factors can predict the stability or non-stability of theenvironment, the firm is operating in?Select correct option:

Rate of inflationEase of exit from marketCustomer loyaltyFinancial stability

Question # 6 of 15 ( Start time: 11:47:18 AM ) Total Marks: 1Which of the following depicts the signs of strength of a company's competitive position?Select correct option:

A debt-to-asset ratio below 0.50 and higher EPS.A website with extensive information about the company and its product line.An annual R&D and advertising expenditures greater than $10 million.A strongly differentiated product, a strong or rising market share.

Question # 7 of 15 ( Start time: 11:48:10 AM ) Total Marks: 1When two organizations of about equal size unite to form one enterprise, which of thefollowing takes place?Select correct option:

Hostile takeoverMergerLiquidationDivestiture

Question # 8 of 15 ( Start time: 11:48:49 AM ) Total Marks: 1In Grand strategy matrix what will be the appropriate quadrant for the Ahmad textiles if itis operating in slow growing market and holds weak competitive position?Select correct option:

Quadrant IQuadrant IIQuadrant IIIQuadrant IV





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Various job titles of a strategist may includes all of the following EXCEPT:Select correct option:


Question # 10 of 15 ( Start time: 11:50:29 AM ) Total Marks: 1Which one of the following is a reason for NOT choosing relative market share in BCGmatrix than profits?Select correct option:

It carries less information than just cash flowIt shows where the brand is positioned against competitorsIt indicates where it might be likely to go in the futureIt can also show what type of marketing activities

Question # 11 of 15 ( Start time: 11:51:34 AM ) Total Marks: 1How many parts are there of resource allocation plan?Select correct option:

TwoThreeFourFive

Question # 12 of 15 ( Start time: 11:52:57 AM ) Total Marks: 1All of the following would be considered while judging the financial strength of anorganization EXCEPT:Select correct option:

Increase in revenuesMarket shareReturn on InvestmentCash-flow statement





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Question # 14 of 15 ( Start time: 11:55:06 AM ) Total Marks: 1Selling all of a company’s assets in parts for their tangible worth is known as:Select correct option:

Joint ventureDivestitureLiquidationIntegration

Question # 15 of 15 ( Start time: 11:55:51 AM ) Total Marks: 1Which of the following is NOT an advantage of a functional structure?Select correct option:









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Question # 3 of 15 ( Start time: 01:10:02 PM ) Total Marks: 1Which of the following immediately precedes the decision regarding organizationalstructure?Select correct option:

External environment analysisInternal environment analysisStrategy formulationMission statement formulation

Question # 4 of 15 ( Start time: 01:11:32 PM ) Total Marks: 1Which statement is CORRECT about strategic-management process?Select correct option:


Question # 5 of 15 ( Start time: 01:12:13 PM ) Total Marks: 1If market shares of competitors are declining whereas total industry sales are increasing,which strategy do you think may be the right one to pursue?Select correct option:


Question # 6 of 15 ( Start time: 01:13:01 PM ) Total Marks: 1All of the following are the broad categories of External forces EXCEPT:Select correct option:

Economic forcesSocioeconomic forcesTechnological forcesCompetitive forces

Question # 7 of 15 ( Start time: 01:13:34 PM ) Total Marks: 1All of the following fall under the category of "Process” function of productionmanagement EXCEPT:Select correct option:




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Choice of technologyQuality assuranceProcess flow analysisTransportation analysis

Question # 8 of 15 ( Start time: 01:14:33 PM ) Total Marks: 1In the SPACE analysis, what does (+7, -6) coordinates depict?Select correct option:

A firm operating in a strong industry with an unstable environmentA firm operating in a strong industry with a stable environmentA highly competitive firm operating in an unstable environmentA financially strong firm operating in an unstable environment

Question # 9 of 15 ( Start time: 01:16:01 PM ) Total Marks: 1Which of the followings best describes the Horizontal integration?Select correct option:

A firm takes over a supplierA firm takes over a distributorA firm takes over a competitorA firm takes over a manufacturer

Question # 10 of 15 ( Start time: 01:16:53 PM ) Total Marks: 1The mission statement answers which of the following question?Select correct option:

What is our business?How can we improve ourselves?What do we want to become?Who are our stakeholders?






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Question # 12 of 15 ( Start time: 01:18:48 PM ) Total Marks: 1Which of the following is one of the Political, Governmental & legal factors?Select correct option:


Question # 13 of 15 ( Start time: 01:19:14 PM ) Total Marks: 1Which of the following statement is TRUE about a Vision statement of a company?Select correct option:

It concentrates on futureIt defines the customersIt identify critical processesIt informs about the desired level of performance





Question # 1 of 15 ( Start time: 01:47:16 PM ) Total Marks: 1Which strategy seeks to increase market share of present products or services in presentmarkets through greater marketing efforts?Select correct option:




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Question # 2 of 15 ( Start time: 01:48:03 PM ) Total Marks: 1Which matrices are also known as Portfolio matrices?Select correct option:

SPACE and BCG matrixIE and BCG matrixTOWS and IE matrixSPACE and TOWS matrix

Question # 3 of 15 ( Start time: 01:49:33 PM ) Total Marks: 1Backward integration is effective in all of the following situations EXCEPT:Select correct option:


Question # 4 of 15 ( Start time: 01:50:08 PM ) Total Marks: 1“It gives you a systematic approach for evaluating alternate strategies, and helps youdecide which strategy is best suited to your organization.” The statement is true for whichof the following matrix?Select correct option:

BCG MatrixSPACE MatrixTOWS MatrixQSPM

Question # 5 of 15 ( Start time: 01:51:22 PM ) Total Marks: 1Which of the follwoing term represents the enduring statement of purpose that distinguishone business from other similar firms?Select correct option:

Vision




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StrategyMissionTactics



Question # 7 of 15 ( Start time: 01:52:18 PM ) Total Marks: 1The social factors that affect a firm involve all of the following EXCEPT:Select correct option:

Attitudes of people in the external environmentLifestyles of peoplePer capita incomeValues and beliefs of persons outside the firm

Question # 8 of 15 ( Start time: 01:53:15 PM ) Total Marks: 1All of the following are the basic functions of marketing EXCEPT:Select correct option:


Question # 9 of 15 ( Start time: 01:53:32 PM ) Total Marks: 1“Substantial changes to the range of offerings or the markets served or both” is referredas:Select correct option:

DifferentiationDiversificationRelocationBrand extension





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Rehman industries is analyzing the technological forces for the firm which may provide itopportunities and threats for which of the following stage/s of strategic managementprocess?Select correct option:

Strategy formulationStrategy implementationStrategy evaluationAll of the given options

Question # 11 of 15 ( Start time: 01:55:15 PM ) Total Marks: 1Which of the following is an example of Intensive strategies?Select correct option:

Conglomerate strategyForward integrationMarket penetrationRetrenchment

Question # 12 of 15 ( Start time: 01:55:53 PM ) Total Marks: 1What is the systematic gathering, recording, and analyzing of data about problemsrelating to the marketing of goods and services?Select correct option:


Question # 13 of 15 ( Start time: 01:56:23 PM ) Total Marks: 1Which of the following is the best example for acheiving long-term objectives?Select correct option:

StrengthsStrategiesPoliciesOpportunities

Question # 14 of 15 ( Start time: 01:57:26 PM ) Total Marks: 1When a division of an organization has a high relative market share and is in a fast-growing industry, it will be categorized as which type in BCG matrix?Select correct option:




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StarCash cowQuestion markDog







Question # 3 of 15 ( Start time: 02:01:53 PM ) Total Marks: 1Which stage of the strategy-formulation framework consists of the Quantitative StrategicPlanning Matrix?Select correct option:

Formulation frameworkMatching stage




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Decision stageAll of the given options





Question # 6 of 15 ( Start time: 02:04:02 PM ) Total Marks: 1Which term is preferable to be incorporated into written objective statements?Select correct option:

Maximize profitsMinimize loss10% increased productionAdequate capacity

Question # 7 of 15 ( Start time: 02:04:59 PM ) Total Marks: 1Where an organization is considering development in an existing market with existingproducts it is pursuing which of the following strategy?Select correct option:

DiversificationMarket developmentMarket penetrationProduct development

Question # 8 of 15 ( Start time: 02:06:21 PM ) Total Marks: 1What is the range for a firm’s total weighted score in an External Factor Evaluation




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Matrix?Select correct option:

0 to 50 to 41 to 51 to 4

Question # 9 of 15 ( Start time: 02:07:41 PM ) Total Marks: 1BCG matrix is used in matching stage of strategy formulation framework. It plots thebusiness units along which of the following dimensions?Select correct option:

Market share and industry strengthMarket share and market growth rateMarket growth rate and competitive positionMarket growth rate and environment stability

Question # 10 of 15 ( Start time: 02:08:59 PM ) Total Marks: 1The strategy embraced by Ahmad Bros. is to address the needs of a very selected andspecialized market segment. That is most likely to engage in which one of the followingtypes of strategy?Select correct option:


Question # 11 of 15 ( Start time: 02:09:48 PM ) Total Marks: 1The analysis of industry’s major competitors’ strengths may give an insight of which oneof these?Select correct option:


Question # 12 of 15 ( Start time: 02:10:34 PM ) Total Marks: 1All of the following would be considered organizational skills and resources that will beused in differentiation strategy EXCEPT which one?




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Strong research and development departmentProducts designed for ease of manufactureCorporate reputation for quality and reliabilityCreative, talented and skilled personnel

Question # 13 of 15 ( Start time: 02:11:42 PM ) Total Marks: 1A position vector with (-6, +6) coordinates describes which of the following statementsregarding SPACE analysis matrix?Select correct option:

A financially weak and highly competitively firmA financially strong and highly competitively firmA financially strong firm but competitively weakA financially as well as competitively weak firm






It contains the definition of the company's businessIt is called the picture of a company’s future.It is a statement containing the company's major goals




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It is known as statement of the corporate philosophy





Question # 4 of 15 ( Start time: 02:34:11 PM ) Total Marks: 1Which of the following immediately precedes the decision regarding organizationalstructure?Select correct option:

External environment analysisInternal environment analysisStrategy formulationMission statement formulation



Question # 6 of 15 ( Start time: 02:35:30 PM ) Total Marks: 1The XYZ Organization has a statement that describes the needs for which the




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organization was created to fill and answers the basic question of why the organizationexists. XYZ is most likely to have any one of the following?Select correct option:


Question # 7 of 15 ( Start time: 02:36:38 PM ) Total Marks: 1Which of the following is the benefit of strategic management?Select correct option:


Question # 8 of 15 ( Start time: 02:37:07 PM ) Total Marks: 1In which of the following phase of strategic management, annual objectives areespecially important?Select correct option:

FormulationEvaluationImplementationManagement



Question # 10 of 15 ( Start time: 02:37:49 PM ) Total Marks: 1Which strategic management analytical tool has four quadrants based on two dimensionsi.e. competitive position and market growth?Select correct option:




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Internal-External MatrixSPACE MatrixGrand Strategy MatrixQSPM






Market developmentMarket penetrationHorizontal integrationProduct development

Question # 14 of 15 ( Start time: 02:40:52 PM ) Total Marks: 1Which of the following step in the strategic development process involves mobilizingemployees and managers to put strategies into action?Select correct option:

Formulating strategyStrategy evaluationImplementing strategy




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Strategy planning





Question # 2 of 15 ( Start time: 04:39:59 PM ) Total Marks: 1Different types of consumers are created due to new trends, which in turn require whichtype of products?Select correct option:

Different productsDifferent servicesDifferent strategiesAll of the given options







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Which of the following is the last step in the development of QSPM?Select correct option:

Developing a list of the firm’s key external and internal factorsDetermining the Attractiveness Scores for each strategyCompute the Sum Total Attractiveness ScoreAssigning weights to each key external and internal factor

Question # 5 of 15 ( Start time: 04:42:00 PM ) Total Marks: 1The last remedy for Quadrant II firm is to follow which strategy?Select correct option:

Horizontal integrationMarket developmentForward integrationDivestiture

Question # 6 of 15 ( Start time: 04:42:36 PM ) Total Marks: 1Financial benefits of strategic management includes all of the following EXCEPT:Select correct option:


Question # 7 of 15 ( Start time: 04:43:12 PM ) Total Marks: 1When the firm is located in Quadrant I of grand strategy matrix and it has excessiveresources, it is effective to peruse what strategies?Select correct option:

Diversification strategiesIntensive strategiesIntegration strategiesDefensive strategies

Question # 8 of 15 ( Start time: 04:44:40 PM ) Total Marks: 1When the Chief Executive of a chain of pharmacies decided to sell off or close some of




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the locations that were not profitable, he was performing which of the managementfunction?Select correct option:


Question # 9 of 15 ( Start time: 04:45:23 PM ) Total Marks: 1Which of the following are the five forces that affect the level of competition in anindustry?Select correct option:

Threat of entrants; power of buyers; power of suppliers; threat of substitutes; competitiverivalryThreat of buyers; power of entry; power of substitutes; threat of suppliers; threat of

recessionThreat of recession; power of buyers; power of suppliers; threat of management failure;

competitive rivalryThreat of entry; power of buyers; power of suppliers; threat of substitutes; government

action

Question # 10 of 15 ( Start time: 04:46:29 PM ) Total Marks: 1Which of the following is NOT a component of external environment analysis?Select correct option:


Question # 11 of 15 ( Start time: 04:47:18 PM ) Total Marks: 1Which of the following is a strategy in which companies create a co-owned business thatoperates for their mutual benefit?Select correct option:

RetrenchmentDivestiture




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Joint ventureLiquidation

Question # 12 of 15 ( Start time: 04:47:43 PM ) Total Marks: 1Which of the following are the two external dimensions to be considered in SPACEMatrix?Select correct option:


Question # 13 of 15 ( Start time: 04:48:15 PM ) Total Marks: 1What is the last stage of three-stage strategy formulation framework?Select correct option:

FormulationDecisionMatchingNone of the given options

Question # 14 of 15 ( Start time: 04:49:37 PM ) Total Marks: 1What type of strategies would you recommend when a firm’s SPACE Matrix directionalvector has coordinates (-2, +3)?Select correct option:

AggressiveConservativeCompetitiveDefensive

Question # 15 of 15 ( Start time: 04:50:22 PM ) Total Marks: 1Following are the examples of the sectors that are more technologically orientedEXCEPT:




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TextilePharmaceuticalTelecommunicationsBeverages

Question # 1 of 15 ( Start time: 05:03:24 PM ) Total Marks: 1Which of the following is the first step in developing QSPM?Select correct option:


Question # 2 of 15 ( Start time: 05:05:02 PM ) Total Marks: 1The organizations, where resource allocation is not based on strategic-managementapproach to decision making, which approach is used for resource allocation?Select correct option:

Financial budgetRelative importance of departmentsOn political or personal factorsRelative cost of each resources



Question # 4 of 15 ( Start time: 05:06:56 PM ) Total Marks: 1Smoothies Tire & Rubber Co. is selling its North American tire business to Avinza




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International, is an example of which type of strategy?Select correct option:


Question # 5 of 15 ( Start time: 05:07:22 PM ) Total Marks: 1BCG matrix is used in matching stage of strategy formulation framework. It plots thebusiness units along which of the following dimensions?Select correct option:

Market share and industry strengthMarket share and market growth rateMarket growth rate and competitive positionMarket growth rate and environment stability



Question # 7 of 15 ( Start time: 05:08:39 PM ) Total Marks: 1Which one of the following dimensions is NOT a recommended component of a missionstatement?Select correct option:

Self-conceptMarketsStrategiesCustomers





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Question # 9 of 15 ( Start time: 05:10:08 PM ) Total Marks: 1Strategy formulation stage includes all of the following EXCEPT:Select correct option:

Vision and missionStrength and weaknessOpportunities and threatsAnnual objectives

Question # 10 of 15 ( Start time: 05:10:36 PM ) Total Marks: 1Which of the following identified that “strategic management encourages forwardthinking, favorable attitudes towards change and discipline to the management ofbusiness”?Select correct option:

GreeleyGreenlyGreenleyGreenwich

Question # 11 of 15 ( Start time: 05:11:09 PM ) Total Marks: 1Matching stage of the strategy formulation framework comprises of formulating which ofthe following set of strategies?Select correct option:


Question # 12 of 15 ( Start time: 05:12:39 PM ) Total Marks: 1Exclusive access to high grade natural resources is an example of which of the following?Select correct option:

Strength




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WeaknessOpportunityThreat

Question # 13 of 15 ( Start time: 05:13:16 PM ) Total Marks: 1A firm that is involved in two or more distinct businesses is known as:Select correct option:

A diversified companyA ventured companyA restructured companyA multinational corporation





Question # 1 of 15 ( Start time: 05:19:07 PM ) Total Marks: 1What happens to the demand for discretionary goods when interest rates rise?Select correct option:

RisesDeclines




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Remains the sameFirst rises then declines

Question # 2 of 15 ( Start time: 05:19:58 PM ) Total Marks: 1When a merger or acquisition is not desired by both the parties of merger, then it isknown as:Select correct option:

DivestitureTakeoverOutsourcingIntegration

Question # 3 of 15 ( Start time: 05:21:02 PM ) Total Marks: 1Different types of consumers are created due to new trends, which in turn require whichtype of products?Select correct option:


Question # 4 of 15 ( Start time: 05:21:25 PM ) Total Marks: 1Investment decisions are also known as:Select correct option:


Question # 5 of 15 ( Start time: 05:22:27 PM ) Total Marks: 1Which of the following is not a pitfall an organization should avoid in strategic planning?Select correct option:

Failing to involve key employees in all phases of planning




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Involving all managers rather than delegating planning to a plannerTop managers not actively supporting the strategic planning processDoing strategic planning only to satisfy accreditation or regulatory requirements



Question # 7 of 15 ( Start time: 05:23:20 PM ) Total Marks: 1Which of the follwoing term represents the enduring statement of purpose that distinguishone business from other similar firms?Select correct option:

VisionStrategyMissionTactics

Question # 8 of 15 ( Start time: 05:23:39 PM ) Total Marks: 1Assigning a rate=2 in IFE matrix indicates what?Select correct option:

A major weaknessA minor weaknessA minor strengthA major strength

Question # 9 of 15 ( Start time: 05:25:07 PM ) Total Marks: 1Identify the stages of strategic management process in a precise sequence.Select correct option:

Strategy evaluation, strategy formulation & strategy implementation




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Strategy evaluation, strategy implementation & strategy formulationStrategy formulation, strategy implementation & strategy evaluationStrategy implementation, strategy evaluation & strategy formulation

Question # 10 of 15 ( Start time: 05:25:47 PM ) Total Marks: 1A planned activity aimed at discovery of new knowledge with the hope of developingnew or improved products and services and translation of its findings into a plan ordesign of new or improved products and services is known as:Select correct option:

MarketingResearch and developmentProductionManagement information system

Question # 11 of 15 ( Start time: 05:26:25 PM ) Total Marks: 1Most likely, what was the cash cow in the past?Select correct option:


Question # 12 of 15 ( Start time: 05:27:08 PM ) Total Marks: 1Opportunity analysis is one of the basic functions of which one of the following?Select correct option:

Computer information systemsMarketingProduction/operationsResearch and development

2

Question # 13 of 15 ( Start time: 05:27:46 PM ) Total Marks: 1Which one of the following is the characteristic of Question marks?Select correct option:




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Question # 14 of 15 ( Start time: 06:08:53 PM ) Total Marks: 1Which of these strategies is effective when the number of suppliers is small and thenumber of competitors is large?Select correct option:


Question # 15 of 15 ( Start time: 06:09:21 PM ) Total Marks: 1All of the following statements are true about a firm’s mission statement EXPECT:Select correct option:






RetrenchmentAcquisitionDivestiture




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Liquidation

Question # 3 of 15 ( Start time: 06:51:02 PM ) Total Marks: 1A chance for advancement, progress or profit prevailing in external environment of acompany is known as:Select correct option:




Question # 5 of 15 ( Start time: 06:51:55 PM ) Total Marks: 1Which of the following is NOT included in SWOT Matrix?Select correct option:

Matching strengths and threatsMatching weaknesses and threatsMatching weaknesses and opportunitiesMatching weaknesses and strengths



Question # 7 of 15 ( Start time: 06:54:01 PM ) Total Marks: 1Which of these is the allocation and reallocation of capital and resources to projects,




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products, assets and divisions of an organization?Select correct option:

Investment decisionFinancing decisionsRestructuring decisionsStrategic decision

Question # 8 of 15 ( Start time: 06:54:28 PM ) Total Marks: 1All of the following are the types of cooperative arrangements EXCEPT:Select correct option:

R&D partnershipsJoint-bidding consortiaCross-licensing agreementsDiversification






BenchmarkingReengineeringE-engineering




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Restructuring



Question # 13 of 15 ( Start time: 06:58:44 PM ) Total Marks: 1All of the following are the indicators of industry strength for an organization EXCEPT:Select correct option:

Financial stabilityEase of entry into the marketGeographic and product freedomControl over suppliers

Question # 14 of 15 ( Start time: 07:00:09 PM ) Total Marks: 1Swan Shoes is a company that specializes in manufacturing stylish shoes. Its managersare trying to answer such questions as: What is the current situation of the company?Swan Shoes is most likely to conduct which one of the following?Select correct option:








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According to Porter, which strategy offers products or services to a small range ofcustomers at the lowest price available on the market?Select correct option:


Question # 2 of 15 ( Start time: 08:03:35 PM ) Total Marks: 1Which category of ratios measures “how effectively a firm can maintain its economicposition in the growth of the economy and industry”?Select correct option:

LiquidityLeverageActivityGrowth



Question # 4 of 15 ( Start time: 08:04:37 PM ) Total Marks: 1Which strategy is appropriate when an organization competes in an industrycharacterized by rapid technological developments?Select correct option:

RetrenchmentProduct developmentLiquidationMarket penetration

Question # 5 of 15 ( Start time: 08:06:05 PM ) Total Marks: 1Technological advancements can create which of the following advantage besides manyother existing powerful advantages for the businesses?Select correct option:




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Question # 8 of 15 ( Start time: 08:07:16 PM ) Total Marks: 1What strategies are appropriate for the divisions that fall in grow and build region of IEmatrix?Select correct option:

Defensive and integrative strategiesIntensive and integrative strategiesDiversification and intensive strategiesDefensive and diversification strategies

Question # 9 of 15 ( Start time: 08:07:45 PM ) Total Marks: 1Product development involves going in the direction of which one of the following?Select correct option:

Present products to present marketsPresent products to new marketsNew products to present marketsNew products to new markets




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Question # 10 of 15 ( Start time: 08:09:16 PM ) Total Marks: 1Which stage of the "Strategy Formulation Framework" includes an External FactorEvaluation Matrix and a Competitive Profile Matrix?Select correct option:


Question # 11 of 15 ( Start time: 08:09:40 PM ) Total Marks: 1How many parts are there of resource allocation plan?Select correct option:

TwoThreeFourFive






Industrial goods companiesConsumer goods companies




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Public sector companiesPrivate sector companies

Question # 15 of 15 ( Start time: 08:10:56 PM ) Total Marks: 1Non-financial benefits of strategic management includes all of the following EXCEPT:Select correct option:

Better awareness of external threatsEnhanced awareness of threatsReduced resistance to changeIncrease in sales

Question # 1 of 15 ( Start time: 08:14:38 PM ) Total Marks: 1When an industry relies heavily on government contracts, which of the following isimportant for the firm to foresee as a part of its external audit?Select correct option:

Economic forcesPolitical forcesTechnological forcesCompetitive forces

Question # 2 of 15 ( Start time: 08:14:56 PM ) Total Marks: 1Which of these is the allocation and reallocation of capital and resources to projects,products, assets and divisions of an organization?Select correct option:


Question # 3 of 15 ( Start time: 08:15:15 PM ) Total Marks: 1Where an organization is considering development in an existing market with existingproducts it is pursuing which of the following strategy?Select correct option:

DiversificationMarket developmentMarket penetrationProduct development





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All of the following would represent possible threats to the ABC Company EXCEPTwhich one of the following?Select correct option:


Question # 5 of 15 ( Start time: 08:16:16 PM ) Total Marks: 1What are the four dimensions of a SPACE matrix?Select correct option:

Environmental stability; Industrial strength; Competitive advantage; Market growth rateEnvironmental stability; Industrial strength; Competitive advantage; Financial strengthIndustrial strength; Competitive advantage; financial strength; Market shareEnvironmental stability; Industrial strength; Market growth rate; Market share



Question # 7 of 15 ( Start time: 08:17:55 PM ) Total Marks: 1Firms located in which quadrant of the Grand Strategy Matrix are in an excellent strategicposition?Select correct option:

IIIIIIIV


Market development




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Market penetrationHorizontal integrationProduct development

Question # 9 of 15 ( Start time: 08:20:04 PM ) Total Marks: 1A firm’s division with a high relative market share position in a low-growth industry canbe referred to which of the following category?Select correct option:

StarCash cowQuestion markDog

Question # 10 of 15 ( Start time: 08:21:11 PM ) Total Marks: 1Which term is referred as a central management activity that allows for strategyexecution?Select correct option:

Policy-makingResource allocationSetting GoalsEstablishing objectives

Question # 11 of 15 ( Start time: 08:22:22 PM ) Total Marks: 1You are asked to prepare the IE Matrix of Roxon Incorporation. Your findings reveal thatits Southern division falls in IX cell of IE Matrix. How will you interpret your findings?Select correct option:

It can be managed best with Harvest or divest strategiesIt can be managed best with Grow and Build strategiesIt can be managed best with Grow and Maintain strategiesIt can be managed best with Hold and Maintain strategies

Question # 12 of 15 ( Start time: 08:22:45 PM ) Total Marks: 1Which of the following are the factors that concern the nature and direction of theeconomy in which a firm operates?Select correct option:

TechnologicalEcologicalSocialEconomic




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Question # 13 of 15 ( Start time: 08:23:04 PM ) Total Marks: 1Which of the following strategy should be perused first by the Irtiza Insurance Companyas it is located in Quadrant III of the Grand Strategy Matrix?Select correct option:

DiversificationLiquidationRetrenchmentDivestiture

Question # 14 of 15 ( Start time: 08:23:15 PM ) Total Marks: 1The last remedy for Quadrant II firm is to follow which strategy?Select correct option:

Horizontal integrationMarket developmentForward integrationDivestiture





Question # 2 of 15 ( Start time: 08:42:29 PM ) Total Marks: 1Reasons due to which some firms do “No Strategic Planning” incorporate all of thefollowing EXCEPT:Select correct option:




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Question # 3 of 15 ( Start time: 08:42:49 PM ) Total Marks: 1All of the following are the broad categories of External forces EXCEPT:Select correct option:

Economic forcesSocioeconomic forcesTechnological forcesCompetitive forces



Question # 5 of 15 ( Start time: 08:43:39 PM ) Total Marks: 1Which approach for managing and resolving conflict involves physical separating theconflicting individuals?Select correct option:


Question # 6 of 15 ( Start time: 08:44:59 PM ) Total Marks: 1Total weighted scores of IFE matrix below 2.5 characterizes an organizations as:Select correct option:

Organization is externally weakOrganization is internally weakOrganization is internally strongOrganization is externally strong




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Question # 7 of 15 ( Start time: 08:45:44 PM ) Total Marks: 1The IE Matrix consists of how many cells?Select correct option:

SevenEightNineTen

Question # 8 of 15 ( Start time: 08:46:20 PM ) Total Marks: 1In the process of developing a mission statement, which of the following is CORRECT?Select correct option:






Question # 11 of 15 ( Start time: 08:47:33 PM ) Total Marks: 1Which of the following immediately precede the decision regarding organizationalstructure?Select correct option:

External environment analysis




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Internal environment analysisStrategy formulationMission statement formulation





Question # 8 of 20 ( Start time: 08:32:37 PM ) Total Marks: 1Which of these strategies is effective when the number of suppliers is small and thenumber of competitors is large?Select correct option:


Question # 16 of 20 ( Start time: 08:34:56 PM ) Total Marks: 1Which of the following is not a key question that can reveal internal strengths andweaknesses of the marketing department?Select correct option:





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Question # 13 of 20 ( Start time: 05:43:44 PM ) Total Marks: 1Strategy formulation stage includes all of the following EXCEPT:Select correct option:

Vision and missionStrength and weaknessOpportunities and threatsAnnual objectives

Question # 16 of 20 ( Start time: 05:44:35 PM ) Total Marks: 1All of the following would represent possible threats to the ABC Company EXCEPTwhich one of the following?Select correct option:


Question # 20 of 20 ( Start time: 05:46:00 PM ) Total Marks: 1Exclusive access to high grade natural resources is an example of which of the following?Select correct option:




Question # 19 of 20 ( Start time: 05:54:44 PM ) Total Marks: 1Which of the followings deals with the management of inputs, transformations andoutputs that vary across industries and markets?Select correct option:




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MarketingFinanceOperationsDistribution





Question # 14 of 20 ( Start time: 06:04:35 PM ) Total Marks: 1All of the following statements are true about a firm’s mission statement EXPECT:Select correct option:









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Which of the following statement is TRUE about a Vision statement of a company?Select correct option:


Question # 12 of 20 ( Start time: 06:10:24 PM ) Total Marks: 1Which of the following is best identified as a statement that presents “a firm's big picturestatement, describing a desired end-state, general in scope, and not restrictive”?Select correct option:

Corporate philosophy statementCompany creedVision statementMission statement

Question # 5 of 20 ( Start time: 06:20:51 PM ) Total Marks: 1All of the following fall under Pricing decisions EXCEPT:Select correct option:




Question # 11 of 20 ( Start time: 03:31:39 PM ) Total Marks: 1Which of the following refers to the belief related to objectives setting that "the truemeasure of a really good strategist is the ability to solve problems"?Select correct option:

Managing by objectivesManaging by extrapolation




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Managing by crisisManaging by subjectives


MythCeremonialSagaLegend

Question # 19 of 20 ( Start time: 03:33:06 PM ) Total Marks: 1Which category of ratios measures a firm’s ability to meet maturing short-termobligations?Select correct option:


Question # 1 of 20 ( Start time: 02:20:42 AM ) Total Marks: 1Which of the following directs at developing new products before competitors do atimproving product quality or at improving manufacturing processes to reduce costs?Select correct option:


Question # 2 of 20 ( Start time: 02:21:46 AM ) Total Marks: 1All of the following are the outputs of a system EXCEPT:Select correct option:

TablesChartsDataGraphs

Question # 3 of 20 ( Start time: 02:22:28 AM ) Total Marks: 1Defensive strategies include all of the following EXCEPT:




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Question # 6 of 20 ( Start time: 02:23:23 AM ) Total Marks: 1Which group would be classified as a stakeholder?Select correct option:


Question # 7 of 20 ( Start time: 02:23:31 AM ) Total Marks: 1Which of the following statements is NOT correct about a mission statement?Select correct option:


Question # 8 of 20 ( Start time: 02:23:43 AM ) Total Marks: 1Opportunity analysis is one of the basic functions of which one of the following?Select correct option:

Computer information systemsMarketingProduction/operations




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Research and development

Question # 9 of 20 ( Start time: 02:24:53 AM ) Total Marks: 1Which of the following identified that “strategic management encourages forwardthinking, favorable attitudes towards change and discipline to the management ofbusiness”?Select correct option:


Question # 10 of 20 ( Start time: 02:26:00 AM ) Total Marks: 1Financial benefits of strategic management includes all of the following EXCEPT:Select correct option:


Question # 11 of 20 ( Start time: 02:26:23 AM ) Total Marks: 1The organizations that conduct business operations across national borders are known aswhich of the following?Select correct option:


Question # 12 of 20 ( Start time: 02:26:38 AM ) Total Marks: 1Lack of access to key distribution channel indicates which of the following?Select correct option:


Question # 13 of 20 ( Start time: 02:27:41 AM ) Total Marks: 1Which of the following is NOT a characteristic of well-constructed goals?




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Question # 14 of 20 ( Start time: 02:27:59 AM ) Total Marks: 1Principles of conduct that guide decision-making are known as:Select correct option:

Human rightsBusiness ethicsThe constitutionSocial responsibility

Question # 15 of 20 ( Start time: 02:28:17 AM ) Total Marks: 1Which of the following decisions determine the amount of funds that are retained in afirm compared to the amount paid out to stockholders?Select correct option:

FinancingInvestmentCapitalDividend

Question # 16 of 20 ( Start time: 02:29:04 AM ) Total Marks: 1What is the systematic gathering, recording, and analyzing of data about problemsrelating to the marketing of goods and services?Select correct option:


Question # 17 of 20 ( Start time: 02:29:44 AM ) Total Marks: 1Where an organization takes into account the effect of its strategic decisions on thesociety, the firm is taking care of which of these?Select correct option:

Corporate governanceBusiness policy




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Business ethicsSocial policy

Question # 18 of 20 ( Start time: 02:30:08 AM ) Total Marks: 1Which of the follwoing term represents the enduring statement of purpose that distinguishone business from other similar firms?Select correct option:


Question # 19 of 20 ( Start time: 02:30:25 AM ) Total Marks: 1Which of the following are the factors that concern the nature and direction of theeconomy in which a firm operates?Select correct option:


Question # 20 of 20 ( Start time: 02:30:40 AM ) Total Marks: 1Local, state, and national elections, world oil, currency, and labor markets, number ofpatents, special tariffs are the examples of which one of the following?Select correct option:

Economic forcesSocial, cultural and, demographic forcesPolitical, governmental, and legal forcesCompetitive forces







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Which of the following is the benefit of strategic management?Select correct option:






Question # 5 of 20 ( Start time: 02:49:13 AM ) Total Marks: 1“A Good mission statement identifies the utility of a firm's products to its customers”;which of the following represents this statement?Select correct option:


Question # 6 of 20 ( Start time: 02:49:30 AM ) Total Marks: 1Which category of ratios measures “how effectively a firm can maintain its economicposition in the growth of the economy and industry”?Select correct option:




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Question # 8 of 20 ( Start time: 02:50:58 AM ) Total Marks: 1When the Chief Executive of a chain of pharmacies decided to sell off or close some ofthe locations that were not profitable, he was performing which of the managementfunction?Select correct option:


Question # 9 of 20 ( Start time: 02:52:09 AM ) Total Marks: 1Establishing and implementing ways of making things work is known as:Select correct option:


Question # 10 of 20 ( Start time: 02:52:51 AM ) Total Marks: 1Buyers can exercise high bargaining power over their suppliers under which one of thefollowing conditions?Select correct option:




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When there are many good substitutes of raw materialThere are few buyers in the marketThey have few suppliers to choose fromThere is a high concentration of suppliers

Question # 11 of 20 ( Start time: 02:53:42 AM ) Total Marks: 1Which of the following period strategic management was considered to be cure for allproblems?Select correct option:

Mid 1950s to mid 1960sMid 1960s to mid 1970sMid 1970s to mid 1980sMid 1980s to mid 1990s



Question # 13 of 20 ( Start time: 02:54:01 AM ) Total Marks: 1Investment decisions are also known as:Select correct option:








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Ethnic balance is affected due to which of the following?Select correct option:

Change in ethnic valuesAwareness of ethnic normsMigration of the people towards different areasIntroduction of new laws relating to ethnicity



Question # 17 of 20 ( Start time: 02:55:03 AM ) Total Marks: 1Which of the following can be considered one of the factors of external opportunities andthreats of an organization?Select correct option:


Question # 18 of 20 ( Start time: 02:55:26 AM ) Total Marks: 1Which of the following ties all business functions together and provides the basis for allmanagerial decisions?Select correct option:

MarketingInformationTechnologyWorkforce

Question # 19 of 20 ( Start time: 02:56:19 AM ) Total Marks: 1To whom a planning horizon of two to five years applies?Select correct option:

Top managementMiddle management




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Lower managementAll levels

Question # 20 of 20 ( Start time: 02:57:39 AM ) Total Marks: 1When an industry relies heavily on government contracts, which of the following isimportant for the firm to foresee as a part of its external audit?Select correct option:


Question # 1 of 20 ( Start time: 06:11:37 PM ) Total Marks: 1Which of the following can reveal the demographic characteristics of an organization’scustomers?Select correct option:

Customer profilingTest marketingMarket developmentThe vision statement

Question # 2 of 20 ( Start time: 06:12:37 PM ) Total Marks: 1Which of the following is the greatest advantage of international operations?Select correct option:








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In the process of developing a mission statement, which of the following is CORRECT?Select correct option:


Question # 5 of 20 ( Start time: 06:13:35 PM ) Total Marks: 1What is the range for a firm’s total weighted score in an External Factor EvaluationMatrix?Select correct option:

0 to 50 to 41 to 51 to 4

Question # 6 of 20 ( Start time: 06:14:47 PM ) Total Marks: 1When the Chief Executive of a chain of pharmacies decided to sell off or close some ofthe locations that were not profitable, he was performing which of the managementfunction?Select correct option:




Question # 8 of 20 ( Start time: 06:15:10 PM ) Total Marks: 1Choose the economic variable from the list.Select correct option:




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Attitudes toward businessAttitudes toward product qualityPopulation changes by raceStock market trends







Question # 12 of 20 ( Start time: 06:17:08 PM ) Total Marks: 1Effective mission statements don’t have one of the following features:Select correct option:






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Corporate social policy should be designed and articulated during which phase ofstrategic management?Select correct option:


Question # 14 of 20 ( Start time: 06:17:33 PM ) Total Marks: 1“A desired future state that the organization attempts to realize”. Identify the termrelevant to the given statement.Select correct option:









Question # 17 of 20 ( Start time: 06:18:06 PM ) Total Marks: 1While preparing an External Factor Evaluation matrix, a total score of 0.8 indicates what?




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Question # 18 of 20 ( Start time: 06:19:27 PM ) Total Marks: 1All of the following are the key opportunities or threats in external environment becauseof Political, Govt. & lLegal force EXCEPT:Select correct option:


Question # 19 of 20 ( Start time: 06:19:44 PM ) Total Marks: 1Identify the term that is known as a “mean of providing guidance to actions andprocedures, including how resources are to be allocated and how tasks assigned to theorganization might be accomplished”.Select correct option:





Organization is externally weakOrganization is internally weak




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Organization is internally strongOrganization is externally strong


RisesDeclinesRemains the sameFirst rises then declines







Question # 6 of 20 ( Start time: 06:53:23 PM ) Total Marks: 1Integration strategies allow a firm to gain control over all of the following EXCEPT:Select correct option:




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DistributorsInvestorsSuppliersCompetitors

Question # 7 of 20 ( Start time: 06:54:01 PM ) Total Marks: 1What is the first step in the comprehensive strategic-management model?Select correct option:

Performing external auditsDeveloping vision and mission statementsPerforming internal auditsMeasuring and evaluating performance





Question # 10 of 20 ( Start time: 06:54:53 PM ) Total Marks: 1All of the following are functional support roles of Management Information SystemEXCEPT:Select correct option:

Recording and storing accounting recordsRecording and storing inventory dataRecording and storing business intelligence dataThe enhanced ability to explore "what if"




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Question # 11 of 20 ( Start time: 06:56:10 PM ) Total Marks: 1Which one of the following area can be the weakness of a firm?Select correct option:

Changing lifestyleHigh oil pricesIneffective MarketingIncreasing pollution

Question # 12 of 20 ( Start time: 06:56:51 PM ) Total Marks: 1All of the following are the types of Profitability ratios EXCEPT:Select correct option:

Net profit marginInventory turnoverReturn on total assetsEarnings per share






Technological




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EcologicalSocialEconomic







Question # 19 of 20 ( Start time: 06:58:48 PM ) Total Marks: 1Internal strengths and weaknesses that can significantly benefit or harm an organizationmay include all of the following EXCEPT:Select correct option:

Production/ operationsResearch & developmentE-commerceManagement information system

Question # 20 of 20 ( Start time: 06:59:00 PM ) Total Marks: 1Assigning a rate=2 in IFE matrix indicates what?




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Question # 1 of 20 ( Start time: 07:27:50 PM ) Total Marks: 1All of the following are the key opportunities or threats in external environment becauseof Political, Govt. & lLegal force EXCEPT:Select correct option:


Question # 2 of 20 ( Start time: 07:28:02 PM ) Total Marks: 1Which statement is CORRECT about strategic-management process?Select correct option:


Question # 3 of 20 ( Start time: 07:28:15 PM ) Total Marks: 1Which of the following is the first step in the controlling function of management?Select correct option:

Take corrective actionsRestrict breaks employees takeEvaluate expense reportsEstablish performance standards


RisesDeclinesRemains the sameFirst rises then declines




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Question # 10 of 20 ( Start time: 07:30:25 PM ) Total Marks: 1Which of the following identified that “strategic management encourages forwardthinking, favorable attitudes towards change and discipline to the management ofbusiness”?Select correct option:




Question # 12 of 20 ( Start time: 07:30:38 PM ) Total Marks: 1Integration strategies are sometimes collectively referred to as which of these strategies?Select correct option:

Horizontal integrationForward integrationHierarchical integrationVertical integration

Question # 13 of 20 ( Start time: 07:31:24 PM ) Total Marks: 1All of the specified approaches could be used to determine R&D budget allocationEXCEPT:Select correct option:





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Question # 15 of 20 ( Start time: 07:32:46 PM ) Total Marks: 1Which of the following period strategic management was considered to be cure for allproblems?Select correct option:










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Question # 3 of 20 ( Start time: 08:20:50 PM ) Total Marks: 1Which of the following marketing entity is NOT an intermediary?Select correct option:

BrokersAgentsProducerVendors

Question # 4 of 20 ( Start time: 08:22:09 PM ) Total Marks: 1Which of the following is the best example for acheiving long-term objectives?Select correct option:


Question # 5 of 20 ( Start time: 08:22:23 PM ) Total Marks: 1Developing a vision and a mission statement is important because of the followingreasons EXCEPT:Select correct option:


Question # 6 of 20 ( Start time: 08:23:20 PM ) Total Marks: 1All of the specified approaches could be used to determine R&D budget allocationEXCEPT:Select correct option:






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Question # 9 of 20 ( Start time: 08:24:32 PM ) Total Marks: 1Which of the following step in the strategic development process involves mobilizingemployees and managers to put strategies into action?Select correct option:

Formulating strategyStrategy evaluationImplementing strategyStrategy planning







Attitudes of people in the external environment




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Lifestyles of peoplePer capita incomeValues and beliefs of persons outside the firm

Question # 12 of 20 ( Start time: 08:25:07 PM ) Total Marks: 1Which of the following is the decision support role of management information system?Select correct option:

Processing marketing records into marketing plansAllowing users to ask "What if” questionsRecording and storing such human resource recordsProcessing operations records into production schedules





Question # 15 of 20 ( Start time: 08:26:23 PM ) Total Marks: 1External assessment is performed in which of the strategic management phase?Select correct option:

Strategy formulation stageStrategy implementation stageStrategy evaluation stageAll of the given options

Question # 16 of 20 ( Start time: 08:26:35 PM ) Total Marks: 1Strategist is an individual who is involved in the strategic management process, thus may




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be known as:Select correct option:

Member board of directorPresidentDivision managerAll of the given options

Question # 17 of 20 ( Start time: 08:26:51 PM ) Total Marks: 1The XYZ Organization has a statement that describes the needs for which theorganization was created to fill and answers the basic question of why the organizationexists. XYZ is most likely to have any one of the following?Select correct option:




Question # 19 of 20 ( Start time: 08:27:12 PM ) Total Marks: 1Which of the following is not a strategy-implementation activity?Select correct option:


Question # 20 of 20 ( Start time: 08:27:28 PM ) Total Marks: 1Which type of trend can be exemplified by the increase in average level of education in asociety?Select correct option:




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StrategyVision statementMission statement




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Functional tactics

Question # 5 of 20 ( Start time: 08:52:17 PM ) Total Marks: 1Which one of the following is NOT a basic mission of a competitive intelligenceprogram?Select correct option:

To provide a general understanding of an industryTo provide a general understanding of a company’s competitorsTo identify industry executives who could be hired by the firmTo identify potential moves a competitor might make that would endanger a firm



Question # 7 of 20 ( Start time: 08:52:42 PM ) Total Marks: 1Strategic management is the art and science of formulating, implementing and evaluatingcross-functional decisions which is usually done by all of the following EXCEPT:Select correct option:

Chairman of the companyBoard of directorsChief executive officerMarketing officer

Question # 8 of 20 ( Start time: 08:52:57 PM ) Total Marks: 1Which of the following is the first step in the controlling function of management?Select correct option:

Take corrective actionsRestrict breaks employees takeEvaluate expense reportsEstablish performance standards





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Question # 11 of 20 ( Start time: 08:54:43 PM ) Total Marks: 1For the past four years the ABC Corporation has been planning to expand its operationsin order to reach out to the world market. Essentially, the ABC Corporation desires to dowhat?Select correct option:

Become an online businessBecome a brick-n-mortar businessEmbrace globalizationBecome a click-n-mortar business





action

Question # 13 of 20 ( Start time: 08:55:38 PM ) Total Marks: 1Reasons due to which some firms do “No Strategic Planning” incorporate all of thefollowing EXCEPT:




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Question # 14 of 20 ( Start time: 08:55:55 PM ) Total Marks: 1The total weighted score of IFE matrix developed for XYZ corporation is 3.5. Which ofthe following statement is TRUE about XYZ Corporation in the light of IFE matrix totalweighted score?Select correct option:

Corporation has strong external positionCorporation has weak internal positionCorporation has strong internal positionCorporation has weak external position









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Question # 19 of 20 ( Start time: 08:58:44 PM ) Total Marks: 1Which of the following is the highest possible weighted score for the organization in IFEmatrix?Select correct option:

1.01.52.54.0









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Non-financial benefits of strategic management includes all of the following EXCEPT:Select correct option:


Question # 3 of 20 ( Start time: 09:20:48 PM ) Total Marks: 1Which one variable falls under the category of the Social, Cultural, Demographic, andEnvironmental Variable?Select correct option:




Question # 5 of 20 ( Start time: 09:21:13 PM ) Total Marks: 1What are historical narratives describing the unique accomplishments of a group and itsleaders, usually in heroic terms?Select correct option:

RitesSagasStoriesMyths


Marketing




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Opportunity analysisResearch and developmentManagement













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All of the following are the outputs of a system EXCEPT:Select correct option:

TablesChartsDataGraphs





Question # 14 of 20 ( Start time: 09:24:39 PM ) Total Marks: 1Which of the following best describes this statement; “a Systematic and ethical processfor gathering and analyzing information about the competition’s activities and generalbusiness trends to further a business’ own goals”?Select correct option:

External assessmentIndustry analysisCompetitive intelligence programBusiness ethics

Question # 15 of 20 ( Start time: 09:25:01 PM ) Total Marks: 1Which of the following are the five forces that affect the level of competition in anindustry?




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action

Question # 16 of 20 ( Start time: 09:25:07 PM ) Total Marks: 1Which of the following refers to a functional support role of an information system?Select correct option:

What if…?" questionsWhat is the capacity of plant?What do we do?What if tax rate increases by 10%?\

Question # 17 of 20 ( Start time: 09:25:21 PM ) Total Marks: 1Which of the following is the decision support role of management information system?Select correct option:

Processing marketing records into marketing plansAllowing users to ask "What if” questionsRecording and storing such human resource recordsProcessing operations records into production schedules

Question # 18 of 20 ( Start time: 09:25:36 PM ) Total Marks: 1During which stage of strategic management, firm’s specific internal strengths andweaknesses are determined?Select correct option:






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Question # 20 of 20 ( Start time: 09:26:15 PM ) Total Marks: 1Selling includes all of the following marketing activities EXCEPT:Select correct option:

AdvertisingPricingSales promotionCustomer relations

Question # 1 of 20 ( Start time: 09:39:45 PM ) Total Marks: 1Which of the following is NOT included in the strategic management model?Select correct option:










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Which one variable falls under the category of the Social, Cultural, Demographic, andEnvironmental Variable?Select correct option:






action



Question # 7 of 20 ( Start time: 09:40:37 PM ) Total Marks: 1The general conditions for competition that influence business firms, which providesimilar products and services is known:Select correct option:






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Which of the following is the process of influencing people to accomplish specificobjectives?Select correct option:


Question # 9 of 20 ( Start time: 09:42:24 PM ) Total Marks: 1Which management function includes breaking tasks into jobs, combining jobs to formdepartments and delegating authority?Select correct option:






Question # 12 of 20 ( Start time: 09:43:06 PM ) Total Marks: 1Assessment of competitive rivalry does NOT include an understanding of which of thefollowing?Select correct option:




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Mergers and acquisition in industryMarket growth ratesExit barriers and operational efficiency of competitorThe management structure of an organization

Question # 13 of 20 ( Start time: 09:44:28 PM ) Total Marks: 1Integration strategies allow a firm to gain control over all of the following EXCEPT:Select correct option:

DistributorsInvestorsSuppliersCompetitors










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Question # 17 of 20 ( Start time: 09:45:36 PM ) Total Marks: 1Buyers can exercise high bargaining power over their suppliers under which one of thefollowing conditions?Select correct option:








Question # 16 of 20 ( Start time: 11:34:05 PM ) Total Marks: 1Which of the following is a standardized, detailed set of techniques and behaviors thatmanage anxieties, but seldom produce intended, technical consequences of practical




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results?Select correct option:

FolktalesRitesRitualsValues

Question # 20 of 20 ( Start time: 11:35:04 PM ) Total Marks: 1As managers move up the organization, they perform which of the management functionmore?Select correct option:

LeadingControllingOrganizingPlanning

Question # 1 of 20 ( Start time: 11:42:03 PM ) Total Marks: 1Which of the following refers to the belief related to objectives setting that "there is nogeneral plan for which way to go and what to do"?Select correct option:

Managing by crisisManaging by extrapolationManaging by hopeManaging by subjectives




Restructuring decisionsFinancing decisions




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Strategic decisionInvestment decision







Question # 7 of 20 ( Start time: 11:43:26 PM ) Total Marks: 1Rehman industries is analyzing the technological forces for the firm which may provide itopportunities and threats for which of the following stage/s of strategic managementprocess?Select correct option:





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Question # 10 of 20 ( Start time: 11:43:54 PM ) Total Marks: 1Assigning rating 3 to an internal factor in IFE matrix indicates what?Select correct option:

Major weaknessMinor weaknessMinor strengthMajor strength







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Question # 13 of 20 ( Start time: 11:46:28 PM ) Total Marks: 1Buyers can exercise high bargaining power over their suppliers under which one of thefollowing conditions?Select correct option:












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HTML stands for which of the following?Select correct option:


Question # 18 of 20 ( Start time: 11:47:10 PM ) Total Marks: 1Which type of trend can be exemplified by the increase in average level of education in asociety?Select correct option:


Question # 19 of 20 ( Start time: 11:47:23 PM ) Total Marks: 1Departmentalization can be done on the basis of many factors EXCEPT:Select correct option:




Question # 1 of 20 ( Start time: 01:15:05 AM ) Total Marks: 1Which of the follwoing term represents the enduring statement of purpose that distinguishone business from other similar firms?Select correct option:

Vision




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StrategyMissionTactics

Question # 2 of 20 ( Start time: 01:15:23 AM ) Total Marks: 1Selling includes all of the following marketing activities EXCEPT:Select correct option:

AdvertisingPricingSales promotionCustomer relations

Question # 3 of 20 ( Start time: 01:15:29 AM ) Total Marks: 1Which of the following is the best example for acheiving long-term objectives?Select correct option:


Question # 4 of 20 ( Start time: 01:15:36 AM ) Total Marks: 1Which of the following step in the strategic development process involves mobilizingemployees and managers to put strategies into action?Select correct option:

Formulating strategyStrategy evaluationImplementing strategyStrategy planning

Question # 5 of 20 ( Start time: 01:15:52 AM ) Total Marks: 1Backward integration is effective in all of the following situations EXCEPT:Select correct option:


Question # 6 of 20 ( Start time: 01:16:01 AM ) Total Marks: 1What is the first step in the comprehensive strategic-management model?




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Question # 7 of 20 ( Start time: 01:16:08 AM ) Total Marks: 1Strategist is an individual who is involved in the strategic management process, thus maybe known as:Select correct option:


Question # 8 of 20 ( Start time: 01:16:16 AM ) Total Marks: 1All of the following are functional support roles of Management Information SystemEXCEPT:Select correct option:

Recording and storing accounting recordsRecording and storing inventory dataRecording and storing business intelligence dataThe enhanced ability to explore "what if"



Question # 10 of 20 ( Start time: 01:16:35 AM ) Total Marks: 1According to Freund, Which one of the following should NOT be the characteristics ofkey external factors?Select correct option:

MeasurableRelatively few in number




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Applicable to all competing firmsImportant to achieve long-term objectives

Question # 11 of 20 ( Start time: 01:16:41 AM ) Total Marks: 1Identify the stages of strategic management process in a precise sequence.Select correct option:


Question # 12 of 20 ( Start time: 01:16:47 AM ) Total Marks: 1Which category of ratios measures “how effectively a firm can maintain its economicposition in the growth of the economy and industry”?Select correct option:


Question # 13 of 20 ( Start time: 01:16:54 AM ) Total Marks: 1Establishing and implementing ways of making things work is known as:Select correct option:


Question # 14 of 20 ( Start time: 01:17:23 AM ) Total Marks: 1Which one of the following area can be the weakness of a firm?Select correct option:


Question # 15 of 20 ( Start time: 01:17:29 AM ) Total Marks: 1All of the following are the types of Profitability ratios EXCEPT:Select correct option:




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Question # 16 of 20 ( Start time: 01:17:36 AM ) Total Marks: 1Which of the following can be best described as short-term in nature?Select correct option:




Question # 18 of 20 ( Start time: 01:17:50 AM ) Total Marks: 1Different types of consumers are created due to new trends, which in turn require whichtype of products?Select correct option:


Question # 19 of 20 ( Start time: 01:17:57 AM ) Total Marks: 1Which one of the following is NOT a key external force?Select correct option:

Social responsibilityOzone reductionCompany managementEnergy conservation




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Question # 20 of 20 ( Start time: 01:18:17 AM ) Total Marks: 1Following are the examples of the sectors that are more technologically orientedEXCEPT:Select correct option:






Question # 3 of 20 ( Start time: 03:36:21 PM ) Total Marks: 1Which of the following can reveal the demographic characteristics of an organization’scustomers?Select correct option:

Customer profilingTest marketingMarket developmentThe vision statement

Question # 4 of 20 ( Start time: 03:36:38 PM ) Total Marks: 1Establishing and implementing ways of making things work is known as:Select correct option:




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Question # 6 of 20 ( Start time: 03:37:01 PM ) Total Marks: 1“A desired future state that the organization attempts to realize”. Identify the termrelevant to the given statement.Select correct option:


Question # 7 of 20 ( Start time: 03:37:33 PM ) Total Marks: 1Long-term objectives are needed at which level(s) of the organization?Select correct option:

Corporate levelDivisional levelFunctional levelAll of the given options






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Question # 9 of 20 ( Start time: 03:38:55 PM ) Total Marks: 1Internal analysis involves gathering and analyzing the information about all areas of afirm EXPECT:Select correct option:

Research nad developmentManagement information systemMarketingCompetitors

Question # 10 of 20 ( Start time: 03:40:23 PM ) Total Marks: 1Which of the follwoing are the guidelines of decision making?Select correct option:

LawsRulesPoliciesGoals





Question # 13 of 20 ( Start time: 03:41:04 PM ) Total Marks: 1Which of the following are developed in strategy implementation phase of strategicmanagement?Select correct option:




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Vision and missionAnnual objectivesStrengths and weaknessesOpportunities and threats

Question # 14 of 20 ( Start time: 03:41:19 PM ) Total Marks: 1Political variables have a significant effect on which one of the following?Select correct option:

Formulation and implementation of strategyFormulation and Evaluation of a strategyImplementation and evaluation of a strategyFormulation, implementation and evaluation of a strategy



Question # 16 of 20 ( Start time: 03:41:48 PM ) Total Marks: 1Which of the following best describes this statement; “a Systematic and ethical processfor gathering and analyzing information about the competition’s activities and generalbusiness trends to further a business’ own goals”?Select correct option:

External assessmentIndustry analysisCompetitive intelligence programBusiness ethics

Question # 17 of 20 ( Start time: 03:41:57 PM ) Total Marks: 1Which of the following arise when a company can take advantage of conditions in itsenvironment to formulate and implement strategies that enable it to become moreprofitable?Select correct option:

StrengthsOpportunitiesWeaknesses




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Threats



Question # 19 of 20 ( Start time: 03:43:02 PM ) Total Marks: 1Which of the following refers to the belief related to objectives setting that "there is nogeneral plan for which way to go and what to do"?Select correct option:

Managing by crisisManaging by extrapolationManaging by hopeManaging by subjectives









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Question # 8 of 20 ( Start time: 03:53:57 PM ) Total Marks: 1Following are the examples of the sectors that are more technologically orientedEXCEPT:Select correct option:






Question # 11 of 20 ( Start time: 03:54:25 PM ) Total Marks: 1“A desired future state that the organization attempts to realize”. Identify the term




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relevant to the given statement.Select correct option:








Question # 15 of 20 ( Start time: 03:55:32 PM ) Total Marks: 1Which of the following ties all business functions together and provides the basis for allmanagerial decisions?Select correct option:




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Question # 17 of 20 ( Start time: 03:55:55 PM ) Total Marks: 1Non-financial benefits of strategic management includes all of the following EXCEPT:Select correct option:









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Question # 4 of 20 ( Start time: 04:06:09 PM ) Total Marks: 1As managers move up the organization, they perform which of the management functionmore?Select correct option:

LeadingControlling




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OrganizingPlanning









Question # 9 of 20 ( Start time: 04:07:21 PM ) Total Marks: 1Following are the examples of the sectors that are more technologically oriented




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EXCEPT:Select correct option:


Question # 10 of 20 ( Start time: 04:07:27 PM ) Total Marks: 1External forces directly affects all of the following EXCEPT:Select correct option:







MythCeremonialSaga




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Legend

Question # 14 of 20 ( Start time: 04:08:15 PM ) Total Marks: 1The total weighted score of IFE matrix developed for XYZ corporation is 3.5. Which ofthe following statement is TRUE about XYZ Corporation in the light of IFE matrix totalweighted score?Select correct option:

Corporation has strong external positionCorporation has weak internal positionCorporation has strong internal positionCorporation has weak external position











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Political variables have a significant effect on which one of the following?Select correct option:

Formulation and implementation of strategyFormulation and Evaluation of a strategyImplementation and evaluation of a strategyFormulation, implementation and evaluation of a strategy

Question # 19 of 20 ( Start time: 04:09:04 PM ) Total Marks: 1Assigning a rate=2 in IFE matrix indicates what?Select correct option:






Question # 2 of 20 ( Start time: 05:03:36 PM ) Total Marks: 1Which of the following arise when a company can take advantage of conditions in itsenvironment to formulate and implement strategies that enable it to become moreprofitable?Select correct option:

Strengths




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OpportunitiesWeaknessesThreats








PlanningOrganizingLeading




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Controlling



Question # 8 of 20 ( Start time: 05:06:29 PM ) Total Marks: 1Investment decisions are also known as:Select correct option:


Question # 9 of 20 ( Start time: 05:06:47 PM ) Total Marks: 1Which one variable falls under the category of the Social, Cultural, Demographic, andEnvironmental Variable?Select correct option:


Question # 10 of 20 ( Start time: 05:06:53 PM ) Total Marks: 1Which one of the followings best describes this statement; “The conditions that acompany must satisfy in order to be able to enter an industry”?Select correct option:

Economies of scaleBarriers to entryDifferentiationCompetitive environment





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Which of the follwoing term represents the enduring statement of purpose that distinguishone business from other similar firms?Select correct option:






Question # 14 of 20 ( Start time: 05:08:46 PM ) Total Marks: 1Following are the examples of the sectors that are more technologically orientedEXCEPT:Select correct option:


Question # 15 of 20 ( Start time: 05:08:52 PM ) Total Marks: 1Ethnic balance is affected due to which of the following?Select correct option:

Change in ethnic values




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Awareness of ethnic normsMigration of the people towards different areasIntroduction of new laws relating to ethnicity



Question # 17 of 20 ( Start time: 05:09:17 PM ) Total Marks: 1All of the following fall under the category of "Process” function of productionmanagement EXCEPT:Select correct option:

Choice of technologyQuality assuranceProcess flow analysisTransportation analysis




Organization is externally weakOrganization is internally weakOrganization is internally strongOrganization is externally strong





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All of these are pitfalls an organization should avoid in strategic planning EXCEPT:Select correct option:


Question # 1 of 20 ( Start time: 05:24:42 PM ) Total Marks: 1Principles of conduct that guide decision-making are known as:Select correct option:


Question # 2 of 20 ( Start time: 05:25:04 PM ) Total Marks: 1Choose the economic variable from the list.Select correct option:

Attitudes toward businessAttitudes toward product qualityPopulation changes by raceStock market trends




RetrenchmentAcquisitionDivestiture




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Liquidation

Question # 5 of 20 ( Start time: 05:25:35 PM ) Total Marks: 1Strategist is an individual who is involved in the strategic management process, thus maybe known as:Select correct option:








Question # 9 of 20 ( Start time: 05:26:01 PM ) Total Marks: 1Which of the following statement is refered to ‘Price fluctuation’?




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Question # 11 of 20 ( Start time: 05:27:06 PM ) Total Marks: 1Which of these is the allocation and reallocation of capital and resources to projects,products, assets and divisions of an organization?Select correct option:





ManagementMarketingResearch and development




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Human resource management





Question # 16 of 20 ( Start time: 05:28:30 PM ) Total Marks: 1Which of the following ties all business functions together and provides the basis for allmanagerial decisions?Select correct option:




Question # 18 of 20 ( Start time: 05:29:33 PM ) Total Marks: 1Identify the stages of strategic management process in a precise sequence.




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Question # 19 of 20 ( Start time: 05:29:39 PM ) Total Marks: 1Which one of the following area can be the weakness of a firm?Select correct option:


Question # 20 of 20 ( Start time: 05:29:47 PM ) Total Marks: 1Effective mission statements don’t have one of the following features:Select correct option:




Question # 2 of 20 ( Start time: 05:34:18 PM ) Total Marks: 1Establishing and implementing ways of making things work is known as:Select correct option:





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Question # 3 of 20 ( Start time: 05:34:36 PM ) Total Marks: 1Various job titles of a strategist may includes all of the following EXCEPT:Select correct option:




Question # 5 of 20 ( Start time: 05:35:00 PM ) Total Marks: 1Where an organization takes into account the effect of its strategic decisions on thesociety, the firm is taking care of which of these?Select correct option:

Corporate governanceBusiness policyBusiness ethicsSocial policy

Question # 6 of 20 ( Start time: 05:35:07 PM ) Total Marks: 1Which of the following is not a strategy-implementation activity?Select correct option:



To involve as few managers as possibleTo involve as many managers as possible




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To involve upper-level management onlyTo involve the board of directors only









Question # 12 of 20 ( Start time: 05:36:08 PM ) Total Marks: 1When the Chief Executive of a chain of pharmacies decided to sell off or close some ofthe locations that were not profitable, he was performing which of the management




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function?Select correct option:


Question # 13 of 20 ( Start time: 05:36:40 PM ) Total Marks: 1Which of the following statement is refered to ‘Price fluctuation’?Select correct option:







Progression in profitabilityImprovement in employee productivity




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Expansion in the sales of businessEnhancement in productivity

Question # 17 of 20 ( Start time: 05:37:08 PM ) Total Marks: 1Which category of ratios measures a firm’s ability to meet maturing short-termobligations?Select correct option:


Question # 18 of 20 ( Start time: 05:37:23 PM ) Total Marks: 1Internal analysis involves gathering and analyzing the information about all areas of afirm EXPECT:Select correct option:

Research nad developmentManagement information systemMarketingCompetitors





mgt603 online quiz#4…lecture#1 to 42.. solved by...

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