Description : )Another name of strategic planning is: 1. Short term 2. Operational 3. Tactical 4. Top down
Last Answer : 4. Top down
Description : The type of planning that is equated with more specific data or detailed in nature is called: 1. Strategic 2. Operational 3. Short term 4. Tactical
Last Answer : 4. Tactical
Description : Strategic decisions are …… A. Medium-scale B. Operational & Tactical C. Company’s “production plan” D. None of these options
Last Answer : None of these options
Description : The three major types of forecasts used by business organizations are (a) strategic, tactical, and operational ; (b) economic, technological, and demand (c) exponential smoothing, Delphi, and regression ; (d) departmental, organizational, and territorial
Last Answer : (b) economic, technological, and demand
Description : Information can be categorized into ……………. 1. Environmental information 2. Competitive information 3. Government information 4. Internal information A) 1, 2 & 3 B) 1, 2 & 4 C) 2, 3 & 4
Last Answer : B) 1, 2 & 4
Description : ………. contains data assisting day to day activities of the organization. A) Control database B) Operational database C) Strategic database D) Sequential database
Last Answer : B) Operational database
Description : What form of information collection strengthens strategic and tactical positions by knowing what an adversary is doing or planning to do?
Last Answer : Intelligence
Description : If unprepared, what strategic pressures are recognized as key factors that can weaken the Organization ? A. Competitive and Environmental pressure B. Control at the expense of flexibility C. Lack of Planners D. Competitive & Environmental pressures and excessive control
Last Answer : Competitive & Environmental pressures and excessive control
Description : Which one of the following best describes users? a. Providers of both strategic and tactical direction to the project. b. Those intended to receive benefits or operate outputs. c. Facilitators of an appropriate issue resolution procedure. d. Those providing full-time commitment to the project.
Last Answer : b. Those intended to receive benefits or operate outputs.
Description : Which one of the following best describes users? a. Providers of both strategic and tactical direction to the project. b. Those intended to receive benefits or operate outputs. c. ... of an appropriate issue resolution procedure. d. Those providing full-time commitment to the project.
Description : Outsourcing 2. Outsourcing is a decision decision with implications. implications. a. Unimportant b. Tactical Tactical c. Strategic d. Irrelevant
Last Answer : c. Strategic
Description : Strategic management can be defined as: a) a process of setting written long-term profit plans for the organization. b) a process of measuring performance of the organization. c) a process of operational planning. d) a process of setting long-term direction for the organization
Last Answer : a process of setting long-term direction for the organization
Description : Competitive interference with a test marketing programme is called A)tactical interference. B)jamming. C)test interference. D)squeezing. E)ramming.
Last Answer : B)jamming.
Description : How do strategic information systems compare with operational information system?
Last Answer : Feel Free to Answer
Description : What is NOT a ‘Critical Tasks of Strategic Management? A. Formulate the company’s mission B. Select a set of short-term objectives that will achieve the most desirable results C. Conduct an internal analysis D. Assess the external environment – competitive and general contexts
Last Answer : Select a set of short-term objectives that will achieve the most desirable results
Description : Operational audits generally have been conducted by internal and COA auditors, but may be performed by certified public accountants. A primary purpose of an operational audit is to provide: ... statements. d. A means of assurance that internal accounting controls are functioning as planned
Last Answer : A measure of management performance in meeting organizational goals
Description : Which of the following is NOT an advantage of Strategic Management ? A. It provides organizations with a clearer sense of direction and purpose B. It helps improve the political, ... orientate Mgt. decisions to relevant environmental conditions D. It helps organizations be proactive than reactive
Last Answer : It helps improve the political, economic, social and technological environment of the Orgn
Description : Given the following statements: (a) Strategic value of data mining is time stamping (b) Information collection is an expensive process in building an expert system. Which of the following options is correct ? (A) Both (a) and (b) ... true (C) (a) is true, (b) is false (D) (a) is false, (b) is true
Last Answer : (B) Both (a) and (b) are true
Description : State weather the following statement is true or false for EJB. 1. EJB exists in the middle-tier 2. EJB specifies an execution environment 3. EJB supports transaction processing A) 1-true, 2. true, 3. true B) 1- ... false, 3. true C) 1- false, 2- false, 3- false D) 1-true, 2-true, 3-false
Last Answer : A) 1-true, 2. true, 3. true
Description : The Strategic Management process should be addressed only by top-level Executives. Mid-level and Low-level Employees are best equipped to implement Co’s Strategies
Last Answer : False
Description : As compared to rental and leasing methods to acquire computer systems for a Management Information System (MIS), purchase method has following advantage : (A) It has high level of flexibility (B) It doesn’t require cash up-front (C) It is a business investment (D) Little risk of obsolescence
Last Answer : (C) It is a business investment
Description : Del Monte markets ketchup for household use to supermarkets through grocery wholesalers, and it markets ketchup for institutional use through industrial distributors and food brokers. Del Monte is using ... . C)strategic channel alliance. D)supply chain management. E)an unethical marketing channel.
Last Answer : A)dual distribution.
Description : Compaq Computers collects information about political, legal, regulatory, societal, VU Cafeteria economic, competitive and technological forces that may affect its marketing activities. This ... scanning B)survey of environment C)marketing information analysis D)environmental analysis
Last Answer : D)environmental analysis
Description : Which risk is connected to the circumstance outside the project that may influence the scope of work and the performance of the organization? A.Operational Risk B.Financial Risk C.Strategic Risk D.Contextual Risk
Last Answer : D.Contextual Risk
Description : A planning method, which provides details of the work to accomplish, but also provide some preliminary description of the work to be done in later phases is called : 1. Progressive detailing 2. Rolling wave 3. Strategic 4. Operational
Last Answer : 2. Rolling wave
Description : Which of the following statem Which of the following statements does NOT apply to ents does NOT apply to a production plan? a production plan? a)Plans are consistent with company's strategic ... a bridge between the strategic and operational plans d)Provides a view of detailed work-force schedules
Last Answer : c)Serves as a bridge between the strategic and operational plans
Description : A service firm's aggregate plan A service firm's aggregate plan links the firm's st links the firm's strategic goals and objectives wit rategic goals and objectives with detailed h detailed operational plans called: a)Production plan b)Staffing plan c)Work-force schedule d) None of the above
Last Answer : c)Work-force schedule
Description : How can you describe the thinking and outlook of transformational leaders? A. Strategic B. Operational C. Functional D. Developmental
Last Answer : D. Developmental
Description : Which of the following is not one of three software product aspects addressed by McCall's software quality factors? (1) Ability to undergo change. (2) Adaptability to new environments. (3) Operational characteristics (4) Production costs and scheduling
Last Answer : Answer: 4
Description : This following is not a strategy for creating a sustainable competitive advantage; A. Operational efficiency B. Lock-In C. Leap-frog D. All of these are valid options
Last Answer : Leap-frog
Description : While preparing sales budget, which of the following factors are considered? A. Non-operational factors B. Environmental factors C. Both a and b D. None of the above
Last Answer : B. Environmental factors
Description : What are the responsibilities of top management and leaders in relation to corporate governance strategic planning?
Description : Strategic management execution is mainly responsibility of a. Top Management b. Middle Management C. Lower Management D. All of the above
Last Answer : Top Management
Description : Which type of decision making is carried out by lower level management and deals with specific dayto-day processes? (a) Programmed decision making ; (b) Operational decision making ; (c) Administrative decision making ; (d) Mid-level decision making
Last Answer : (b) Operational decision making ;
Description : International strategic options can be derived, from a consideration of geographical dispersion or concentration of various activities and.... A. Degree of international co-ordination B. Degree of Political Stability C. Degree of Competitive Advantage D. None of the above
Last Answer : Degree of international co-ordination
Description : For international companies, sources of competitive advantage can be drawn from the..............configuration of their........ network A. Technology, Security B. Strategic, Resource C. International, Value D. None of the above
Last Answer : International, Value
Description : A strategic gap is an un-exploited competitive opportunity. The following is an examples of a Strategic Gap. A. Opportunities in substitute industries B. Opportunities for complementary products and services C. Opportunities over time D. All of these options are valid
Last Answer : All of these options are valid
Description : A strategic gap is an un-exploited competitive opportunity. The following is an example of a Strategic Gap. A. Opportunities in substitute industries B. Opportunities for complementary products and services C. Opportunities over time D. All of these options are valid
Description : Which of these is not a reason why some firms do no strategic planning? a. Laziness b. Competitive leadership c. Honest difference of opinion d. Poor reward structures
Last Answer : Competitive leadership
Description : Which of these is NOT a reason why some Firms do no Strategic Planning ? A. Company is Lazy B. Competitive Leadership C. Honest difference of opinion D. Poor reward structure
Last Answer : Competitive Leadership
Description : A __________ is created when a company matches its distinctive competency to the opportunities it has discovered in the market. A)market opportunity B)market requirement C)competitive advantage D)strategic window E)competitive opportunity
Last Answer : C)competitive advantage
Description : A __________ is something that an organisation does extremely well--sometimes so well that it gives a company an advantage over its competition. A)competitive advantage B)sustainable competitive advantage C)distinctive competency D)strategic vision E)marketing opportunity
Last Answer : C)distinctive competency
Description : Corporate strategy planners are concerned with many different issues as they attempt to match the organisation's __________ with the opportunities and risks in the environment. A)strengths B)mission statement C)strategic business units D)resources E)competitive advantages
Last Answer : D)resources
Description : ………………… approach reduces time and effort required for design and lesser risk in database management. A) Single global database B) Top-down approach C) Multiple databases D) None of the above
Last Answer : C) Multiple databases
Description : Strategic drift is…. A. When strategies progressively fail to address the environmental dynamics, and performance deteriorates. B. Mismatch between Vision Statement and Value Statement C. Mismatch between Vision Statement and Mission Statement D. Mismatch between Mission Statement and Resources
Last Answer : When strategies progressively fail to address the environmental dynamics, and performance deteriorates.
Description : The term "marketing mix" describes: A. A composite analysis of all environmental factors inside and outside the fir B. A series of business decisions that aid in selling a product ... strengths and its business weaknesses D. A blending of four strategic elements to satisfy specific target markets
Last Answer : D. A blending of four strategic elements to satisfy specific target markets