Model Question Bank

Institute Name St. John College of Engineering & Management

Programme Name MMS
Course (Subject Name) Strategic Managmeent
Question Bank Prepared by (Faculty Name) Mr. Alok Govil
Faculty Email Id govil2011@gmail.com
Faculty Mobile Number 9322223160
Sr. No. Question Option 1 Option 2 Option 3 Option 4 Correct Answer Marks
Companies frame ____________ to make sure that
every employee takes decisions and actions that
1 Goals Policy Vision Mission Policies 1.5
support the company mission, objectives &
strategies.
Which is not the external force acting on the Potential
2 Fund Shortage Substitutes Suppliers Fund Shortage 1.5
industry, as per Porter’s 5F model Entrants
Merger of Sangli Bank with ICICI Bank is an Horizontal Vertical Tapered
3 Suppliers Horizontal Merger 1.5
example of Merger Integration Integration
Following is/are not the generic strategy, as
Backward Horizontal Backward
4 listed by Porter Joint Venture Diversification 1.5
Integration integration Integration
Bargaining Rivalry Threat of
“Powerful vendors (like Intel to PC Bargaining Bargaining power
5 power of among substitute 1.5
manufacturers)” create :- power of buyers of suppliers
suppliers existing firms products
A crude oil
A global public A large A crude oil
refiner An
accounting firm supermarket refiner
purchasing a international
acquiring a chain getting purchasing a firm
6 A good example of vertical integration is: firm engaged coffee chain 1.5
small local or into engaged in
in drilling and acquiring local
regional public convenience drilling and
exploring for coffee firms
accounting firm food stores exploring for oil
oil
Merger of Sangli Bank with ICICI Bank is an Vertical Horizontal Backward Forward Horizontal
7 1.5
example of Integration Integration Integration Integration Integration
 Companies frame ____________ to make sure
that every employee takes decisions and actions
8 Goals Policies Vision Mission Policies 1.5
that support the company mission, objectives &
strategies.
Rivalry among competing firms __________, if Has no
9 Increases Decreases Nullifies Increases 1.5
the overall demand remains stagnant. relevance
If the exit barriers are ___________, companies
10 can become locked into an unprofitable industry Unchanged Absent High Low High 1.5
in which overall demand is static or declining.
A biscuit manufacturer setting up an additional Conglomerate
Concentric Concentric
11 line for cake manufacturing, is an example of Jint Venture Merger Diversificatio 1.5
Diversification Diversification
___________ n
Which of the following determines the take-over
Horizontal Vertical Reverse Horizontal
12 of competitor operating at the same level of Growth 1.5
Integration Integration Integration Integration
value chain -
According to Porter, the competitive strategy
that applies to the ability to provide unique and
competitive
13 superior value to the buyer in terms of product differentiation. Concentration Diversification differentiation. 1.5
scope.
quality, special features, or after sale service is
called _________
According to the BCG Growth Share Matrix,
new products which need a lot of cash for
Development, but no surety signs of success are
Question
14 called Cash Cows Cost Leaders Dogs Question Mmarks 1.5
Mmarks

Why are we
Why are we
How can we existing and
What is our Who are our existing and what
15 The vision statement answers which question? improve what do we 1.5
business? stakeholders? do we want to
ourselves? want to
become?
become?
 Which strategy seeks to increase market share of
market forward market backward market
16 present products in present markets through 1.5
penetration integration development integration penetration
greater marketing efforts.
A firm's A firms A firms
Firms
resources and sustainable Value chain sustainable
17 The VRIO framework can be used to identify organizational 1.5
external competitive analysis competitive
structure
opportunities. advantage advantage
it lies at the
it allows the it enables the it lies at the core
core of their
Companies choose not to outsource their it is less firm to focus on firm to of their business
18 business and is 1.5
functional operations when: expensive its core provide better and is critical for
critical for its
businesses, and services its success.
success.
If Tata Group sells their Tata Oil Mills Strategic
19 Liquidation Divestiture Joint Venture Divestiture 1.5
(TOMCO) business, it is called Alliance
A strategy framework based on Product-Market
20 BCG GE Ansoff Mckinsey Ansoff 1.5
matrix is attributed to