Q. An organisation’s strategy:
a. remains set in place longer than the mission and objectives
b. generally, forms over a period of time as events unfold
c. tends to be formed at the same time the mission is developed and objectives are formulated
d. is usually conceived at a single time when managers sit down and work out a comprehensive strategic plan for the next 3-5 years
Q. The primary focus of strategic management is:
a. strategic analysis
b. the total organisation
c. strategy formulation
d. strategy implementation.
Q. Which of the following is not an advantage of strategic management?
a. It provides organisations with a clearer sense of direction and purpose
b. It helps improve the political, economic, social and technological environment of the organisation
c. It helps orientate management decisions to relevant environmental conditions
d. It helps organisations be proactive rather than reactive
Q. Which of the following defines what business or businesses the firm is in or should be in
a. Business strategy
b. Corporate strategy
c. Functional strategy
d. National strategy
Q. Which of the following defines how each individual business unit will attempt toachieve its mission?
a. Business strategy
b. Corporate strategy
c. Functional strategy
d. National strategy
Q. ---------- strategy defines the uses of corporate strategy and specific tactics for eachmarket.
a. Business strategy
b. Corporate strategy
c. Functional strategy
d. Operational strategy
Q. ----------- strategy defines the day to day actions need to deliver the corporate andbusiness strategies.
a. Core strategy
b. Operational Strategy
c. Corporate strategy
d. Functional strategy
Q. Which of the following focuses on supporting the corporate and business strategies?
a. Competitive strategy
b. Corporate strategy
c. Operational strategy
d. Mission strategy
Q. Which one of the following is not a primary task of strategic managers?
a. Establishing strategic objectives
b. Developing the steps to follow in implementing operational level plans
c. Defining the business and developing a mission
d. Developing a strategy
Q. The task of strategy choice involves:
a. developing plans and activities which will improve the organisation’s performance and competitive position
b. determining how the organisation can be more market and efficiency oriented
c. monitoring whether the organisation is achieving good financial performance
d. keeping the organisation free of debt
Q. Which one of the following is at the core of strategic management?
a. Choosing which organisational objectives to focus on
b. Being alert for opportunities to change work responsibilities
c. Adapting the organisation to a changing external environment
d. Choosing whether to make decisions autocratically or on the basis of participation
Q. The corporate level is where top management directs:
a. all employees for orientation
b. its efforts to stabilize recruitment needs
c. overall strategy for the entire organization
d. overall sales projections
Q. The three main organizational levels are:
a. corporate level, business level, functional level
b. corporate level, business unit level, functional level
c. corporate strategy level, business unit level, functional level
d. corporate strategy level, business level, specialist level
Q. The functional level strategy of marketing function is divided into various operating levelssuch as marketing research, sales promotion, etc. these types of strategies are called.
a. Business strategy
b. Corporate strategy
c. Functional strategy
d. Operational strategy
Q. Which of the following is/are not an element/s of strategic management Process?
a. Scanning
b. Formulation
c. Implementation
d. None of these