All of the specified approaches could be used to determine R&D budget allocation EXCEPT:
Financing as many projects as possible
Using percentage-of-sales method Budgeting irrelative to competitors
Deciding how many successful new products are needed
Financing as many projects as possible
Using percentage-of-sales method Budgeting irrelative to competitors
Deciding how many successful new products are needed
In order to avoid the emergence of substitute products, AF & Z Corporation has obtained an access and control over the scarce natural resources necessary to produce their products. Thus, which of the following strategies is being practiced by AF & Z Corporation?
SO Strategy
WO Strategy
SW Strategy
ST Strategy
SO Strategy
WO Strategy
ST
Which statement is CORRECT about strategic-management process?
It occurs once a year
It is a continuous process
It applies mostly to large business
It applies mostly to small businesses
It occurs once a year
It is a continuous process
It applies mostly to large business
It applies mostly to small businesses
Internal analysis involves gathering and analyzing the information about all areas of a firm EXPECT:
Research nad development
Management information system
Marketing Competitors
Research nad development
Management information system
Marketing Competitors
Establishing and implementing ways of making things work is known as:
Planning
Organizing Leading
Controlling
Planning
Organizing Leading
Controlling
To whom a planning horizon of two to five years applies?
Top management Middle management
Lower management
All levels
Top management Middle management
Lower management
All levels
Which of the following is the benefit of strategic management?
Fewer complexes
More complex
Less static
More profitable
Fewer complexes
More complex
Less static
More profitable
The analysis of industry’s major competitors’ strengths may give an insight of which one of these?
Key threats for the firm Key opportunities for the firm
Both opportunities and strengths for the firm
None of the given options
Both opportunities and strengths for the firm
None of the given options
Identify the term that is known as a “mean of providing guidance to actions and procedures, including how resources are to be allocated and how tasks assigned to the organization might be accomplished”.
Select correct option:
Aspirations (Confusion 1 & 4)
Objectives
Policies
Goals
Select correct option:
Aspirations (Confusion 1 & 4)
Objectives
Policies
Goals
Which of these is the allocation and reallocation of capital and resources to projects, products, assets and divisions of an organization? Investment decision
Financing decisions Restructuring decisions
Strategic decision
Financing decisions Restructuring decisions
Strategic decision
A chance for advancement, progress or profit prevailing in external environment of a company is known as:
Strength
Weakness
Opportunity
Threat
Weakness
Threat
Which statement is CORRECT about strategic-management process?
Select correct option:
It occurs once a year
It is a continuous process
It applies mostly to large business
It applies mostly to small businesses
Select correct option:
It occurs once a year
It is a continuous process
It applies mostly to large business
It applies mostly to small businesses
A firm should practice Joint Venture strategy in which of the following cases? When the SPACE matrix vector lies in defensive quadrant
When the SPACE matrix vector lies in aggressive quadrant
When the SPACE matrix vector lies in conservative quadrant
When the SPACE matrix vector lies in competitive quadrant
When the SPACE matrix vector lies in aggressive quadrant
When the SPACE matrix vector lies in conservative quadrant
When the SPACE matrix vector lies in competitive quadrant
The social factors that affect a firm involve all of the following EXCEPT: Attitudes of people in the external environment
Lifestyles of people
Per capita income
Values and beliefs of persons outside the firm
Which of the following is not a strategy-implementation activity? Long term goals and objectives
Developing strategy supportive culture
Redirecting marketing efforts
Developing and utilizing information system
Adding new but unrelated products or services for appealing present customers is known as:
Forward integration
Backward integration
Conglomerate diversification
Horizontal diversification
Backward integration
Conglomerate diversification
Horizontal diversification
Financial ratios are helpful in analyzing the relationship among which of the following?
Select correct option:
All assets and liabilities
Profits and costs
All functional areas of business
Sales and profitability
Select correct option:
All assets and liabilities
Profits and costs
All functional areas of business
Sales and profitability
Which of the following is an example of Intensive strategies?
Conglomerate strategy
Forward integration
Market penetration
Retrenchment
Conglomerate strategy
Forward integration
Market penetration
Retrenchment
Which one of the following dimensions is NOT a recommended component of a mission statement?
Select correct option: Self-concept Markets
Strategies
Customers
Select correct option: Self-concept Markets
Strategies
Customers
“A Good mission statement identifies the utility of a firm's products to its customers”; which of the following represents this statement?
Select correct option:
Organization’s philosophy
Customer orientation Social policy
Declaration of attitude
Select correct option:
Organization’s philosophy
Customer orientation Social policy
Declaration of attitude
Strategic management integrates all of the following areas EXCEPT:
Management
Marketing
Research and development Human resource management
Marketing
Research and development Human resource management
Which of the following are the five forces that affect the level of competition in an industry?
Threat of entrants; power of buyers; power of suppliers; threat of substitutes; competitive rivalry
Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession
Threat of recession; power of buyers; power of suppliers; threat of management failure; competitive rivalry
Threat of entry; power of buyers; power of suppliers; threat of substitutes; government action
Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession
Threat of recession; power of buyers; power of suppliers; threat of management failure; competitive rivalry
Threat of entry; power of buyers; power of suppliers; threat of substitutes; government action
0 comments:
Post a Comment