Porgramme : M.

COM
Semester :I
Course / Paper :. Strategic Management
Name of Paper Setter: Prof.Abdul Rasheed
Contact Number: 9892528827
Email Id – abrasheed252@gamil.com
Name of Coordinator : Prof. A Azizz Arab

Note: options in BOLD are correct answers.

Strategic Management
1) ________ level strategy is a long-term strategy.
a) Corporate
b) Competitive
c) Functional

2) Vision is shares across entire ________.

a) Organization
b) Nation
c) Society

3) _______ are time bound.

a) Mission
b) Vision
c) Goals

4) Business policy is a guideline to an _________.

a) Objective
b) Action
c) Option

5) Policies operate _______ free.

a) Loss
b) Conflict
c) Risk

6) ________ is the bridge between policy and action.

a) Management
b) Vision
c) Strategy

7) Strategic management selects a set of ________.

a) Plans
b) Options
c) Objectives
8) _________ is a unified entity.
a) SOWT
b) SBU
c) PEST

9) ________ level strategy deals with a single functional operation.

a) Functional
b) Business
c) Corporate

10) _______ is the end result.

a) Vision
b) Mission
c) Strategic intent

11) ______ is the reason for organization existence.

a) Objectives
b) Mission
c) Goals

12) _________ are class apart.

a) Administrators
b) Visionary
c) Missionary

13) Business is known to have _______ of objectives.

a) Unity
b) Hierarchy
c) Galaxy

14) SWOT analysis is used at _______ interval.

a) Frequent
b) Infrequent
c) Regular

15) Environment _______ identified opportunities and threats affecting the business.
a) Control
b) Scanning
c) Evaluation

16) Strategy formulation is an ________ process.

a) Analytical
b) Internal
c) External
17) SWOT analysis is ________.
a) Past oriented
b) Current oriented
c) Future oriented

18) _______ environment scanning is neither regulation nor continuous.

a) Fast
b) Slow
c) Ad hoc

19) Diversification is an example of _____ growth strategy.

a) Internal
b) External
c) Environmental

20) Retrenchment strategy supports ________.

a) Turnaround
b) Restricting
c) Dissolution

21) _______ strategy reserves the process of decline in business.

a) Disinvestment
b) Retrenchment
c) Turnaround

22) _______ strategy recognizes point of defeat.

a) Integration
b) Liquidation
c) Divestment

23) Integration strategy _________ supplier costs.

a) Increases
b) Reduces
c) Balances

24) _______ strategy is a type of expansion strategy.

a) Concentric
b) International
c) Turnaround

25) _______ strategy is competitive in nature.

a) Differentiation
b) Focus
c) Corporate

26) ______ strategy is usedby high technology firms.

 a) Defensive
b) Offensive
c) Withdrawal

27) McKinsey’s 7S framework includes ________.

a) System
b) Stage
c) Signal

28) ________ mode deals with short term goals.

a) Planning
b) Adaptive
c) Integrated

29) Strategic choice determines the ______ of firm.

a) Past
b) Present
c) Future

30) Strategic implementation puts plans into action to reach ________.

a) Objectives
b) Mission
c) Goals

31) Intuition mode deals with _______.

a) Regularity
b) Irregularity
c) Continuity

32) Planning mode is ______.

a) Formal
b) Informal
c) Official

33) PEST analysis is a tool of strategic ________.

a) Implementation
b) Evaluation
c) Analysis

34) _______ are high growth-high market share business.

a) Stars
b) Cash cows
c) Question marks

35) _______ assesses industry attractiveness and business strength.

 a) BCG modal
b) Porter 5 force
c) GE9 cell

36) Michael Porter’s 5 force decide the _________ intensity.

a) Market
b) Competitive
c) Investment

37) 7S framework is the focal point managerial __________.

a) Decisions
b) Alternative
c) Excellence

38) Strategy implementation is the ________ of management.

a) Vision
b) Objective
c) Commitment

39) Standards can be either quantitative or _________.

a) Numerical
b) Qualitative
c) Quote

40) Financial synergy puts capital to _______ use.

a) Future
b) Optimum
c) Perfect

41) Conducting variance analysis is apart of strategy ________.

a) Control
b) Formulation
c) Scanning

42) Milestone reviews may appear when a key uncertainty is _________.

a) Resolved
b) Unresolved
c) Postponed

43) Activity based costing concentrates on activities and not ________.

a) Variables
b) Inputs
c) Resources

44) Performance is measured through ________, reporting and communicating system.

 a) Planning
b) Organizing
c) Accounting

45) Synergy bias leads executives to ________ benefits and under estimate the costs of
synergy.
a) Balance
b) Overestimate
c) Calculate
46) Managers evaluate synergy in the light of ________ experiences.
a) Academic
b) Past
c) Present

47) Synergy streamlines _______.

a) Decisions
b) Practices
c) Operations

48) Doing better then rival firms indicates ________ advantages.

a) Financial
b) Competitive
c) Marketing

49) ________ is a by-product of system management.

a) Strategy
b) Synergy
c) Scanning

50) Budgetary control is a _____ device.

a) Controlling
b) Performance
c) Evaluation