MULTIPLE CHOICE QUESTIONS
1. The for PepsiCo is inspirational—something that can ignite the loyalty of employees and others with whom the
... [Show More] organization comes in contact.
a) mission statement
b) organisational code of conduct
c) functional code
d) benefits statement
e) marketing concept
2. Emergent strategy comes about through
a) Implementing new ideas
b) Leveraging core competences into new markets
c) Strategic plans
d) Everyday routines, activities and processes in organisations
3. Which of the following best describes an 'intended' strategy?
a) An expression of desired strategic direction deliberately formulated or planned by managers
b) A strategic direction that emerges from a stream of decisions
c) An expression of desired strategic direction deliberately formulated or planned by managers that is realised in the fullness of time
d) A strategy that is the product of competitive pressure
4. Which of the following best describes the process of strategic management
a) Strategic management is the process of determining and meeting the requirements of shareholder groups that are affected by the organisation activities
b) Strategic management is the process of identifying, evaluating and
implementing strategies in order to meet the organisations’ objective
c) Strategic management is the annual planning prose’s which determines the financial targets and budget allocations
d) The strategic management process identifies organisational issues and
provided a plan to address them
5. An effective short-hand summary of the situation analysis is a:
a) BCG analysis
b) SWOT analysis
c) SBU analysis
d) Competition analysis
e) AWOL
Corporate Strategy
6. Which of the following term represents the enduring statement of purpose that distinguish one business from other similar firms?
a) Vision
b) Strategy
c) Mission
d) Tactics
7. Able& Ammar is the sole manufacturer of leather goods in Gauteng. The local. Government has lowered the tax rates for this industry keeping in view of promoting other new firms to enter this industry. Lowering the tax rates of this industry will confront Able& Ammar with which of the following?
a) Strength
b) Weakness
c) Opportunity
d) Threat
8. Abdullah group of industries is involved in the sale of its marginal businesses. It is most likely to say that Abdullah group is implementing which one of the following strategies?
a) Retrenchment
b) Liquidation
c) Acquisition
d) Joint venture
9. What kind of strategy is retrenchment?
a) A reorganization strategy
b) An expansion strategy
c) A diversification strategy
d) An integration strategy
10. Adding new but unrelated products or services for appealing present customers is known as:
a) Forward integration
b) Backward integration
c) Conglomerate diversification
d) Horizontal diversification
11. The three levels of strategy in organizations are:
a) product mix, product line, unit product
b) strategic, tactical, and functional
c) corporate, business unit, and functional.
d) corporate, functional, and departmental.
e) strategic, corporate, and departmental
12. Selling all of a company’s assets in parts for their tangible worth is known as:
a) Joint venture
b) Divestiture
c) Liquidation
d) Integration
13. The external environmental trends and events that could significantly harm an organization in the future may be known as:
a) Strengths
b) Weaknesses
c) Opportunities
d) Threats
14. Which of the following is a strategy in which companies create a co-owned business that operates for their mutual benefit?
a) Retrenchment
b) Divestiture
c) Joint venture
d) Liquidation
15. Which of these basic questions does a vision statement answers?
a) What is our business?
b) Who are our employees?
c) What do we want to become?
d) Who are our competitors
16. Most likely, what was the cash cow in the past?
a) Dog
b) Failure
c) Question mark
d) Star [Show Less]