Top 150+ Solved Strategic Tourism Management and Entrepreneurial Development MCQ Questions Answer
Q. Strategic management includes __________________
a. Vision
b. Mission
c. Objectives
d. Strategy
e. All of these
Q. ________________thus reflects managerial choices and directions among alternatives and provides the answer of how to achieve the targeted results in the light of organization’s mission and prospects
a. A vision
b. A mission
c. A strategy
d. A goal
e. An objective
Q. The strategic advantages of a small business firm are ___________________
a. Mobility
b. Unanimity
c. Innovative potential
d. Size of investment
e. All of these
Q. The corporate level management help each strategic business unit ot define its __________________
a. Goal of ifrm
b. Goal of production
c. Goal of nature
d. Scope of operation
e. Profit
Q. The _________________________is given the authority to make its own strategic decision within corporate guidelines as long as it meets corporate activities
a. Strategic business unit
b. Information centre
c. Corporate level
d. Corporate goal
e. Cost
Q. Which is an alternatives objective of SBUs as per Kotler?
a. Build
b. Hold
c. Harvest
d. Divest
e. All of these
Q. Business is affected by technological environment to a large extent because it affect the ________________________
a. Fund of a firm
b. Profit of a firm
c. Product of the firm
d. Operations of the company
e. Profit
Q. SWOT analysis includes _________________________
a. Strengths
b. Opportunities
c. Threats
d. Weakness
e. Al of the above
Q. The _______________________analysis is a tool of environment analysis
a. SWOT
b. EOQ
c. PLC
d. DATA
e. RAM
Q. Internal environment of an organization includes _______________________
a. Market value
b. Exchange price
c. Political system
d. Weaknesses
e. International laws
Q. Opportunities are _____________________________
a. Global market
b. Cost advantage
c. Lack of govt regulation
d. All of these
e. None of these
Q. Strength includes ______________________________
a. Low cost of production
b. Better product quality
c. Product innovation skills
d. All of these
e. None of these
Q. Weaknesses include _________________
a. Lack of external relationships
b. Low skilled personnel
c. Inadequate use of production capacity
d. No patent right
e. All of these
Q. Strength cover ____________________
a. Highly skilled personnel
b. Advantages of tax concessions
c. Effective sales force
d. All of these
e. None of these
Q. Weakness are ___________________
a. Defective marketing
b. High capital cost
c. No patent right
d. Ineffective inventory control system
e. All of these