On This Page
This set of Advanced Strategic Management Multiple Choice Questions & Answers (MCQs) focuses on Advanced Strategic Management Set 5
Q1 | In BCG Matrix, “BCG” stands for--------
- Budgeted and Controlled Growth
- Basic Categorised Growth
- Boston Consultancy Group
- Bata Consultancy Group
Q2 | It is often useful to complete a ------ analysis before completing a ------- analysis.
- SWOT, PEST
- Competitor, PEST
- PEST, SWOT
- Strategic, Competitor
Q3 | --------- factors include population growth, age, demographics and attitudes towardshealth.
- Political
- Economical
- Social
- None of these
Q4 | Which of the following is/are coming under ‘Porter’s Five Forces?
- Threat of new potential entrants
- Threat of substitute product/services
- Bargaining power of suppliers
- All of these
Q5 | Which of the following is/are not coming under ‘Porter’s Five Forces?
- Threat of new potential entrants
- Threat of substitute product/services
- Bargaining power of employees
- None of these.
Q6 | ‘Four Corner Analysis model’ is developed by
- Robert S Kaplan
- Peter F Drucker
- C K Prahalad
- Michael Porter
Q7 | Which of the following is/are component/s of ‘Four Corner Analysis’?
- future goals
- current strategy
- assumptions
- All of these
Q8 | Which of the following is/are not component/s of ‘Four Corner Analysis’?
- Drivers
- Capabilities
- Assumptions
- None of these
Q9 | -------------is a favourable position a business holds in the market which results in morecustomers and profits.
- Competitive Advantage
- Core Competency
- Strength
- Any of the above
Q10 | Which of the following is not a basic determinant of Competitive advantage?
- Target market
- Competition
- USP
- None of the above.
Q11 | Horizontal integration is concerned with;
- Production
- Quality
- Product planning
- All of the above
Q12 | It refers to formal and informal rules, regulations and procedures thatcomplement the company structure
- Strategy
- Systems
- Environment
- All of the above
Q13 | Micro environment is the ………. environment of a company.
- Working
- Human
- External
- Internal
Q14 | Techniques used in environmental appraisal are
- single-variable extrapolation/multivariable interaction analysis
- Structured/ unstructured expert/inexpert opinion
- Dynamic modes and mapping
- All of the above
Q15 | It enables the strategists to take corrective action at the right time
- Implementation control
- Special alert control
- Strategic Surveillance control
- Premise control
Q16 | Changes in company ………. also necessitates changes in the systems in variousdegrees
- structure
- system
- strategy
- turnover
Q17 | The actual performance deviates positively over the budgeted performance. This isan indication of ………... performance.
- superior
- inferior
- contant
- any of the above
Q18 | Criteria for making an evaluation is (are)
- Consistency with goals
- Consistency with environment
- Money
- All of the above
Q19 | They have time-based utility
- Goals
- Resources
- both ‘A’ and ‘B’
- None of the above
Q20 | Formal systems are adopted to bring & amalgamation ofdecentralized units into product groups.
- Manpower
- Co-ordination
- Production
- All of the above
Q21 | Change in company’s ………. gives rise to problems necessitating a new ……… to be made
- structure, strategy
- strategy, structure
- structure, structure
- strategy, strategy
Q22 | Systems are formal and informal rules and regulations that complement the company ………..
- strategy
- structure
- system
- environment
Q23 | The reasons for acquisition are
- Increased market power
- Increased diversification
- Increased speed to market
- All of the above
Q24 | Market research is conducted by
- By employees
- By research agencies
- By consultants
- All of the above
Q25 | Vertical integration is concerned with
- supply chain
- production
- Quality
- planning