Multiple Choice Questions (MCQ) on Strategic Management
- An approach that strives to follow ethical principles and percepts is
(A) Moral management
(B) Immoral management
(C) Amoral management
(D) None of the above
- Niche marketing means
(A) End user specialist
(B) Specific customer specialist
(C) Geographic specialist
(D) all of the above
- Type(s) important managerial skill(s) required for the effective strategic management
(A) Conceptual skill
(B) Human skill
(C) Intellectual skill
(D) all of the above
- The model(s) of social responsibility is (are)
(A) Austere Model
(B) Vendors Model
(C) Civic Model
(D) all of the above
- Delay in ________ measurement defeats the purpose of evaluation.
(A) Time
(B) Quality
(C) Production
(D) All of the above
- Module of Flotilla strikes an optimum balance of ________ and flexibility
(A) Optimisation
(B) Standardisation
(C) Organization
(D) All of the above
- The ________ are distinct little business set up as units in a larger company.
(A) Small business Units
(B) Strategic business Units
(C) Internal business Units
(D) All of the above
- Knowledge of the relationships between choices, environment & outcomes is
(A) Familiarity
(B) Conversancy
(C) Informality
(D) Normality
- ________ should have the ability to develop a vision to see patterns into the future.
(A) Leaders
(B) Managers
(C) Management
(D) Workers
- Factors encouraging joint ventures are
(A) Uneconomical separate existence
(B) Risk of business gets shared
(C) Sharing competence of each other
(D) All of the above
- ________ is the drive to achieve beyond one’s expectations.
(A) Motivation
(B) Training
(C) Development programme
(D) All of the above
- The decisions which are applied to structured or routine problems are
(A) Semi-programmed decisions
(B) Un-programmed
(C) Programmed
(D) Any of the above
- Strategic management deals with
(A) Production and quality
(B) Profit and loss
(C) Business process
(D) All of the above
- Benchmarking is
(A) Historical analysis
(B) Competitive analysis
(C) Re-engineering
(D) All of the above
- GDP stands for
(A) Gross domestic product
(B) Gross domestic production
(C) Gross daily production
(D) Gross domestic process
Answers:
31-(), 32-(), 33-(D), 34-(D), 35-(A), 36-(B), 37-(B), 38-(A), 39-(A), 40-(D), 41-(A), 42-(C), 43-(C), 44-(B), 45-(A)