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Assignment GM14

Question 1:- Which one of the following is not one of the Ps of MINTZBERG's 5 Ps of
strategy

a) Perspective

b) Program

c) Plan

d) Ploy

Question 2:- The term corporate governance refers to the relationship among three
groups in determining the direction and performance of corporation . Which one of
the following are these three groups ?

a) Board of directors, top management , shareholders

b) Top management, shareholders , employees

c) Board of directors, employees, shareholders

d) Shareholders, stakeholders, employees

Question 3:- High latent demand potential and high barriers to entry for rivals is an
example of

a) Opportunity and scope

b) Threats and rivalry

c) Suitable Government regulations

d) Inherent strengths of an organization

Question 4:- Which one of the following is not a component of the external
environment

a) Economical

b) Legal

c) Ecological

d) Resource Mobilization

Question 5:- Which one of the following is not a component of the internal
environment

a) Human Resources

b) Intangible resources

c) Channel Intermediaries

d) Plant and Machinery

Question 6:- Vertical Integration and Grand Strategy is an integral portion of what
level of strategy

a) Corporate level

b) Operational Level

c) Business Level

d) Functional Level

Question 7:- Which of the following is NOT part of the micro environment

a) Technology

b) Suppliers

c) Customers
d) Channel Partners

Question 8:- In the case where an organization diversifies across the value chain,
this is an example of

a) Horizontal Integration

b) Top Line Integration

c) Vertical Integration

d) Horizontal mergers

Question 9:- PORTER's Competitive positioning approach to strategy implies the

ability of firms to

a) design and execute plans related to products and markets

b) Pose barriers to entry for new entrants

c) Take advantage of the early mover advantage

d) Allocate and utilize resources efficiently

Question 10:- Expansion, Diversification, mergers and acquisitions are examples of

a) Corporate level Strategy

b) Business level strategy

c) Operational level strategy

d) None of these

Question 11:- Porter's Generic strategies comprises of :

a) Cost leadership, differentiation and scope

b) Product and Market Dynamics

c) Outflanking
d) Guerilla tactics

Question 12:- Which of the following is not a component of PORTER's Five

competitive forces model

a) Power of Suppliers

b) Presence of Complements

c) Threat of substitute Products

d) Competitive rivalry

Question 13:- Which of the following industries is least likely to follow the
conventional stable life-cycle model

a) Computer software

b) Coal Mining

c) Insurance Broking

d) Oil and Gas

Question 14:- In which matrix of the BCG growth share matrix should a firm consider
to Divest and exit

a) Problem Child

b) Dog Stage

c) Cash Cow

d) None of these

Question 15:- The Grand strategies consists of the 4 Es of corporate strategy which
are

a) Expand, Extend, Exit, Elaborate

b) Expand, Extend, Enhance, Exit

c) Enter, Extend, Enhance, Exit

d) Enter, Expand, Enhance, Extend

Question 16:- Which of the following is a typical characteristic of a hypercompetitive

industry

a) Firms compete fiercely and are always cutting prices

b) Only the industry leader is profitable

c) Cost reduction initiatives pursued

d) Constant Divestiture

Question 17:- Under Business Strategy Encirclement implies that a firm competes
with rivals

a) In the zone of tolerance

b) In sensitive areas

c) In the strongest and weakest areas

d) All of these

Question 18:- Distinctive competencies are those set of internal activities of a firm
performed:

a) As good as the rivals

b) Similar to rivals

c) Better than the rivals

d) keeping in mind specific objectives

Question 19:- The GE nine cell matrix provides a framework on the basis of which
firms make a choice concerning

a) Cost effectiveness Vs. Differentiation approach

b) Harvesting or divesting business operations

c) Double angle gambling

d) Investments, expansion and divestiture

Question 20:- When an organization becomes highly diversified in respect of

products and markets then which of the organization structures is the most
appropriate for facilitating strategy execution

a) Simple structure

b) Multidivisional - SBU structure

c) Functional structure

d) Matrix structure

Question 21:- The statement which indicates the dream and aspirations of a
company and the purpose of its existence is the

a) Vision Statement

b) Mission Statement

c) Corporate Objectives

d) Goal Statement

Question 22:- Which of the following is not a component of the 7 S model related to
strategy execution

a) Succession planning

b) Strategy

c) Structure

d) Style

Question 23:- Change management implies that an organization needs to facilitate

changes in which of the following aspects for successful execution of strategy

a) Attitude, culture and mindset

b) Resource and systems configuration

c) Organization structure

d) All of these

Question 24:- The ADIA framework of Strategy is

a) Analysis, Development, Implementation & Audit

b) Analysis, Development, Institutionalizing & Audit

c) Analysis, Design, Implementation & Audit

d) None of these

Question 25:- Ethics in Marketing includes which of the following

a) Sustaining product quality and ensuring fair pricing

b) Selling products to a particular set of consumers

c) Marketing your own brands only

d) Anti Competitive practices

Question 26:- Ethics in Finance comprises which of the following

a) Lack of financial planning

b) Financial Intermediation

c) Financial risk management

d) Prevention of insider trading

Question 27:- Business Ethics relates to:

a) Certain principles and values

b) Planning and organizing activities

c) Moral Principles and social values

d) Demonstrating personal attention to key set of customers

Question 28:- The polycentric approach to International level strategy signifies that

a) Firms assume that what prevails in the home country will be applicable in other
nations
b) Firms consider nations having divergence in environment and cultures

c) Firms can standardize their strategy efforts

d) Firms have a strong global presence

Question 29:- Which of the following factors does not constitute PORTER'S National
Competitive Advantage Model

a) Conducive ecological and economic environment

b) Firm strategy, structure and rivalry

c) Presence of upstream and downstream supporting industries

d) Suitable Factor endowments

Question 30:- The balanced score card model considers which of the following set of
performance measures

a) Financial Perspective

b) Customer Perspective

c) Innovation and Learning

d) All of these

Question 31:- Under Global Strategy the decision making process is

a) Decentralized

b) Top management driven without coordination with other departments

c) Centralized

d) Scattered across geographical locations

Question 32:- Which of the following is not a component of the VRIO framework of
strategy

a) Valuable resources

b) Homogenous resources

c) Resources are rare

d) Non limitability of resources and strategy

Question 33:- Business process Reengineering refers to

a) Divergence of processes

b) Streamlining of processes

c) Automation and Outsourcing of Processes

d) Course corrective measures

Question 34:- It is important to carry out strategic audits periodically with a view to
ascertain

a) Outcome Gaps and adopting course corrective measures

b) The dynamics of strategy execution

c) The process of strategic planning

d) The process of environmental scanning and strategy creation

Question 35:- Which of the following is an example of Lack of Corporate Governance

a) The recent Infosys tussle leading to removal of their CEO

b) Volkswagen car giant using “defeat device” software to get its diesel cars to
pass strict emission tests
c) The recent PNB Crises and fraud leading to insolvency and rising NPAs

d) All of these
Question 36:- Under strategy control - the firm has actually control on which of the
following:

a) Financial outcome

b) Strategic outcome

c) Internal Process Reengineering

d) Learning and Development

Question 37:- Financial Restructuring and Turnaround can be achieved by adopting

which of the following methods

a) Frequent Loan Repayments

b) Raising more debt and funding expansion projects

c) Debt replacement and modification of capital structure

d) Stabilizing firm's operations

Question 38:- The Vodafone Idea Merger is an example of

a) Backward Integration

b) Collusive strategy

c) Operational level strategy

d) Corporate level strategy

Question 39:- Firms can successfully execute strategies formulated by focusing on

a) Realignment of processes

b) Organization restructuring

c) Overhaul of systems
d) All of these

Question 40:- Under Business Level strategy the term "OUTFLANKING" refers to
which of the following:

a) Attacking the competitors in their areas of strength

b) Attacking the rivals in the weakest areas only

c) Firms adopting a move radically different and in segments where the rivals are
yet to establish a position
d) Pursuing a Hit and Run Strategy throwing the market into disarray