Academic Year *

2020-21

Multiple Choice Questions (MCQs) 14 of 15 points

Strategic Management Internal Assessment

1. Converting vision and mission into a specific performance task * 1/1

Vision

Mission

Objectives

Policy

2. Targets relating to strengthening a company overall market position 1/1

and competitive viability *

A Strategic Objective

A Financial Objective

A Performance Objective

None of the above

Other:
3. Strategic management is * 1/1

A pure science.

Based mainly on intuition

Needed mainly when organizational performance falls.

Based on the use of quantitative and qualitative information

4. Large-scale, future-oriented plans, for interacting with the 1/1

competitive environment to achieve company objectives refers to its *

Strategy

Goals

Competitive analysis

Dynamic policies

5. Strategic issues require which level of management decisions? * 1/1

Operative

Top

Front-line
Middle

6. ____________ identifies a firm’s major competitors strategy through 1/1

Star, Cash cow, Dog and Question mark is a matrix of *

Competitive Profile Matrix

External Factor Evaluation matrix

Internal Factor Evaluation Matrix

Boston consulting group matrix

7. External Environmental analysis includes * 1/1

Competency

Core Competency

Competitive Advantages

Political environment

8. Internal Environmental Analysis includes * 1/1

Competency

Core Competency

Competitive Advantages
ALL

9. Which individuals are most responsible for the success and failure of 1/1
an organization? *

Strategists

Financial Planners

Personnel Directors

Stakeholders

Human resource managers

10. What are guides to decision making? * 1/1

Laws

Rules

Policies

Procedures

11. An intended course of action according to Mintzerg’s Five Ps Strategy 1/1

*

Plan

Ploy
 y

Pattern

Position

12. Manoeuvre to outwit a competitor is a strategy of * 1/1

Plan

Ploy

Pattern

Position

13. “What business are we in” is a strategy of * 0/1

Corporate Level Strategy

Business Level Strategy

Functional level strategy

All of the Above

Correct answer

Corporate Level Strategy

14. “How do we compete” is a strategy of * 1/1

Corporate Level Strategy

Business Level Strategy

Business Level Strategy

Functional Level Strategy

All of the Above

15. Creating value as a result of the eventual market transaction between 1/1
the supplier of the goods or services and the customer *

Competency

Core Competency

Value Chain

Competitive Advantage

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