Strategic Management m.com part 1 mcq pdf
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Strategic Management https://www.surajpateleducation.com/2020/11/strategic-management-mcom-part-1.html Advanced Cost Accounting surajpateleducation.com/2020/11/advanced-cost-accounting-mcom-part-1.html ECONOMICS OF GLOBAL TRADE AND FINANCE https://www.surajpateleducation.com/2020/11/mcom-part-1-economics-of-global-trade.html ADVANCED FINANCIAL ACCOUNTING https://www.surajpateleducation.com/2020/11/advanced-financial-accounting-mcom-part.html HUMAN RESOURCE MANAGEMENT https://www.surajpateleducation.com/2020/11/human-resource-management-mcom-part-1.html 1. The process of forecasting an organization’s future demands for and supply of right type of people in right number is(A) Product planning (B) Process planning (C) Man power planning (D) All of the above ANS: C 2. It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm’s strategy(A) Strategic surveillance (B) Strategic planning (C) both ‘A’ and ‘B’ (D) None of the above ANS: A 3. Horizontal integration is concerned with(A) Production (B) Quality (C) Product planning (D) All of the above ANS: A 4. It refers to formal and informal rules, regulations and procedures that complement the company structure(A) Strategy (B) Systems (C) Environment (D) All of the above ANS: B 5. Micro environment is the ………. environment of a company.(A) Working (B) Human (C) External (D) Internal ANS: D 6. Techniques used in environmental appraisal are(A) single-variable extrapolation/multivariable interaction analysis (B) Structured/ unstructured expert/inexpert opinion (C) Dynamic modes and mapping (D) All of the above ANS: D 7. It enables the strategists to take corrective action at the right time(A) Implementation control (B) Special alert control (C) Strategic Surveillance control (D) Premise control ANS: D 8. Like roots of a tree, ________of organization is hidden from direct view.(A) Performance (B) Strategy (C) Core competence (D) All of the above ANS: C 9. Changes in company ………. also necessitates changes in the systems in various degrees(A) structure (B) system (C) strategy (D) turnover ANS: B 10. The actual performance deviates positively over the budgeted performance. This is an indication of ……….. performance.(A) superior (B) inferior (C) constant (D) any of the above ANS: A 11. Criteria for making an evaluation is (are)(A) Consistency with goals (B) Consistency with environment (C) Money (D) All of the above ANS: D 12. The ………. of any organization is “the aggregate of all conditions, events and influences that surround and affect it.”(A) system (B) environment (C) structure (D) strategy ANS: B 13. Strategic management is mainly the responsibility of(A) Lower management (B) Middle management (C) Top management (D) All of the above ANS: C 14. The major issue(s) of appraisal system is (are)(A) Factors of appraisal (B) Relevance of appraisal (C) Procedure of appraisal (D) All of the above ANS: D 15. They have time based utility(A) Goals (B) Resources (C) both ‘A’ and ‘B’ (D) None of the above ANS: C 16. Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.(A) Manpower (B) Co-ordination (C) Production (D) All of the above ANS: B 17. Change in company’s ………. gives rise to problems necessitating a new ……… to be made(A) structure, strategy (B) strategy, structure (C) structure, structure (D) strategy, strategy ANS: B 18. Systems are formal and informal rules and regulations that complement the company ………..(A) strategy (B) structure (C) system (D) environment ANS: B 19. The reasons for acquisition are(A) Increased market power (B) Increased diversification (C) Increased speed to market (D) All of the above ANS: D 20. Market research is conducted by(A) By employees (B) By research agencies (C) By consultants (D) all of the above ANS: D 21. Harvest strategy is used for(A) Dogs (B) Question marks (C) both ‘A’ and ‘B’ (D) none of the above ANS: C 22. These are critical situations that occur unexpectedly and threaten the course of a firm’s strategy (A) Crisis (B) Emergency (C) Shutdown (D) All of the above ANS: A 23. Attack strategies are (A) frontal attack (B) flank attack (C) encirclement attack (D) all of the above ANS: D 24. To find out what an organization’s strategy is, you should: a) Read the mission statement b) Look at what the organization actually does c) Read the strategic plan d) Ask the CEO ANS: B 25. Which of the following statements is not true when describing a successful strategy? a) It provides some property that is unique or distinctive b) It provides the means for renewing competitive advantage c) It addresses changes in the external environment d) It guarantees long term survival ANS: D 26. In the context of strategic management resources can be defined as: a) The knowledge and skills within the organization b) Something that an organization owns or controls that cannot be copied c) Something that an organization owns, controls or has access to on a semi-permanent basis d) The physical assets of the organization ANS: C 27. In the context of strategic management, stakeholders can be defined as: a) An individual or group with a financial stake in the organization b) An external individual or group that is able to impose constraints on the organization c) Internal groups or individuals that are able to influence strategic direction of the organization d) An individual or group with an interest in the organization’s activities and who seeks to influence them ANS: D 28. Corporate governance is concerned with: a) Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations’ management structures b) Elections to the board of directors c) Relationships with national governments d) Corporate-level strategy ANS: A 29. The principal-agent problem is concerned with: a) Procurement b) Appropriation of shareholders’ investment by a firm’s managers c) How to control a firm’s distributors and dealers d) Corporate social responsibility ANS: B If You Need Most Importance MCQ PDF Strategic Management Question Bank Than Pay Rs 100 Only Contact 8652719712 / 8779537141 Telegram Group Mumbai Univeersity :- https://t.me/mumbaiuniversityidol Suraj Patel Education :- https://t.me/surajpateleducation F.Y.J.C EXAM :- https://t.me/FYJCexam S.Y.J.C EXAM :- https://t.me/SYJCexam F.Y EXAM :- https://t.me/fyexam S.Y EXAM :- https://t.me/syexam T.Y EXAM :- https://t.me/tyexam M.Com Part 1 EXAM :- https://t.me/McomPart1Exam M.Com Part 2 EXAM :- https://t.me/McomPart2Exam M.A EXAM :- https://t.me/mastudentsexam YouTube Channel https://www.youtube.com/channel/UCNxVWIrZ1JYB4y-bWXfaBAw