Description : Which of the following statements is not true when describing a successful strategy? Select one: a. It fulfills its CSR obligations. b. It provides the means for renewing competitive advantage c. It addresses changes in the external environment d. It guarantees long term survival
Last Answer : It fulfills its CSR obligations
Description : Which of the following statements is not true when describing a successful strategy? a) It provides some property that is unique or distinctive b) It provides the means for renewing competitive advantage c) It addresses changes in the external environment d) It guarantees long term survival
Last Answer : It guarantees long term survival
Description : The primary goal of a disaster preparedness plan is: a) To protect the population b) To protect valuable resources c) To keep communications lines open d) To protect environmental health personnel
Last Answer : a) To protect the population
Description : A Goal is an open ended statement of what one wants to accomplish with no quantification of what is to be achieved and no time criteria for completion
Last Answer : False
Description : Which of the following is not a contingency theory of leadership (a) LPC theory ; (b) Path Goal theory ; (c) Vroom-Yetton-Jago theory ; (d) Job centered Leadership
Last Answer : (d) Job centered Leadership
Description : Path-goal model of Leadership was introduced by (a) Martin Evans & Robert House ; (b) Fred Fielder ; (c) Whetton ; (d) Cameron
Last Answer : (a) Martin Evans & Robert House ;
Description : Which of the following leadership behaviours are identified by the path-goal theory? (a) Supportive, employee-oriented, laissez-faire and participative (b) Achievement-oriented, supportive, ... -oriented, directive, and supportive (d) Directive, participative, supportive, and laissez-faire
Last Answer : (c) Participative, achievement-oriented, directive, and supportive
Description : Which of the following is NOT an important issue relating to goal-setting theory? (a) Goal specificity ; (b) Equity among workers ; (c) Feedback ; (d) Defining the goal
Last Answer : (b) Equity among workers ;
Description : The resources within an organization, used to achieve its goal, make up the _________ of a business. (a) External environment ; (b) Internal environment ; (c) Social responsibility ; (d) Workers motivation
Last Answer : External environment
Description : An important factor of the preplanning stage in group dynamics is determining what the group is to accomplish; this is known as………………… (a) Goal setting ; (b) Cohesion ; (c) Clarity of purpose ; (d) Group orientation
Last Answer : (c) Clarity of purpose ;
Description : __________ is counter to goal-setting theory. (a) Expectancy Theory ; (b) Reinforcement Theory ; (c) ERG Theory ; (d) None of given option
Last Answer : (b) Reinforcement Theory ;
Description : Another contingency model of leadership is the path-goal theory. This suggests that subordinates will see leadership behaviour as a motivating influence if (a) their effective performance will satisfy their needs ... support is provided (c) path-goal relationships are clarified ; (d) all the above
Last Answer : (d) all the above
Description : Employee recognition can: (a) Be a strong motivator. ; (b) Lead to unrealistic expectations. ; (c) Help with MBO program implementation. ; (d) Assist with goal setting.
Last Answer : (a) Be a strong motivator. ;
Description : The major benefit of having employees participate in goal setting is: (a) That it provides the company with greater financial stability. (b) That it appears to induce employees to accomplish more difficult ... type of system. (d) That it provides more time for management to pursue other activities.
Last Answer : (b) That it appears to induce employees to accomplish more difficult goals and tasks.
Description : Expectancy theory is an example of a: (a) Process Theory ; (b) Goal-setting Theory ; (c) Needs Theory ; (d) Cognitive Evaluation Theory
Last Answer : (a) Process Theory ;
Description : There are two dimensions to conflict-handling intentions, cooperativeness, and assertiveness. Cooperativeness is the degree to which: (a) one party attempts to satisfy the other party's concerns. (b) one party ... . (c) both parties work toward a common goal. (d) there is an absence of conflict
Last Answer : (a) one party attempts to satisfy the other party’s concerns.
Description : What does the acronym ISDR stand for? a) International Significant Disaster Resources b) International Sustainable Development Report c) International Strategy for Disaster Reduction d) Intergovernmental Strategy for Developing Recreation
Last Answer : c) International Strategy for Disaster Reduction
Description : Which of the following is a disaster mitigation strategy? a. Constructing cyclone shelters b. Giving loans from banks c. Providing cheap electricity d. Providing school uniforms to children
Last Answer : a. Constructing cyclone shelters
Description : Low geographical concentration with High co-ordination suggests which International Strategy? A. Complex Export B. Multi-Domestic C. Simple Export D. Global Strategy
Last Answer : Global Strategy
Description : Low geographical dispersion with Low co-ordination suggests which International Strategy? A. Multi-Domestic B. Global Strategy C. Simple Export D. None of the above
Last Answer : Simple Export
Description : High geographical concentration with High co-ordination suggests which International Strategy? A. Global Strategy B. Complex Export C. Simple Export D. None of the above
Last Answer : Complex Export
Description : High geographical dispersion but Low co-ordination suggests which International Strategy? A. Simple Export B. Global Strategy C. Multi-Domestic D. None of the above
Last Answer : Multi-Domestic
Description : Which of the following are elements of International Strategy framework? A. Market Selection B. Geographic Advantages C. Mode of Entry D. All of the above
Last Answer : All of the above
Description : Which of the following are elements of International Strategy framework? A. Climatic Conditions B. Country specific migrants C. Lingual Advancements D. Factor Conditions
Last Answer : Factor Conditions
Description : Which of the following are elements of International Strategy framework? A. Trade policies B. Lingual Advancements C. Economic Stability D. Climatic conditions
Last Answer : Trade policies
Description : Which of the following are elements of International Strategy framework? A. Lingual Advancements B. Climatic conditions C. Favourable logistics D. None of these options
Last Answer : Favourable logistics
Description : ________________ is a set of competitive moves to achieve organizational objectives? A. Competitive Analysis B. Strategy C. Management D. None of the above
Last Answer : Strategy
Description : Competitive view of strategy looks at_____________ ? A. Industry Analysis B. Competencies C. VRIO D. All the above
Last Answer : Industry Analysis
Description : Matrices like BCG Growth Share & GE Mckinsey Business Portfolio are use to evaluate___________________? A. Business Level Strategy B. Product Level Strategy C. Corporate Level Strategy D. Functional Level Strategy
Last Answer : Corporate Level Strategy
Description : Blue Ocean Strategy is about_________________?10 A. Value Innovation B. Value Cost Trade-off C. Value Protection D. All the above
Last Answer : Value Innovation
Description : Eliminate, Reduce, Raise, Create (ERRC) Grid is a tool used in which of the following? A. Benchmarking B. Blue Ocean Strategy C. Business Process Re-engineering D. Balanced Scorecard
Last Answer : Blue Ocean Strategy
Description : Which of the following are not so easy for management to influence and change during strategy implementation? A. Style of Leadership B. Strategy C. Systems D. Structure
Last Answer : Style of Leadership
Description : Which of the following are easier for management to influence and change during strategy implementation? A. Staffing B. Style of Leadership C. Structure D. Skills
Last Answer : Structure
Description : Porter's notion of a differentiation strategy is best described as one in which firms seek a competitive advantage . A. Through achieving a match between their internal and external ... competitors. C. Through concentrating on a narrow market segment. D. Through establishing their uniqueness
Last Answer : Through establishing their uniqueness
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 : In this defensive strategy, the firm agrees to a complete distribution of firm assets to creditors A. Divestiture strategy: B. Liquidation strategy: C. Bankruptcy: D. None of these options
Last Answer : Bankruptcy:
Description : In this defensive strategy, the firm typically is sold in parts, or as a whole, for its tangible asset value and not as a going concern. A. Divestiture strategy: B. Liquidation strategy: C. Bankruptcy: D. None of these options
Last Answer : Liquidation strategy:
Description : This defensive strategy involves the sale of a part of a firm or a major component of a firm; A. Divestiture strategy: B. Liquidation strategy: C. Bankruptcy: D. None of these options
Last Answer : Divestiture strategy:
Description : In this growth strategy, the company may seek new opportunities that have no relation with its current technology, products, or markets. A. Concentric diversification B. Horizontal diversification C. Conglomerate diversification D. None of these options
Last Answer : Conglomerate diversification
Description : In this growth strategy, the company would seek new products that have marketing or technological synergies with existing product lines appealing to a new group of customers. A. Concentric diversification B. Horizontal diversification C. Conglomerate diversification D. None of these options
Last Answer : Concentric diversification
Description : Product development strategy for achieving intensive growth focuses on…. A. Current products and new markets B. Current products and current markets C. New products and current markets D. New products and new markets
Last Answer : New products and current markets
Description : Market development strategy focuses on…. A. Current products and new markets B. Current products and current markets C. New products and current markets D. New products and new markets
Last Answer : Current products and new markets
Description : For intensive growth, the company first considers whether it could gain more market share with its current products in their current market, using the following…. A. Market-penetration strategy B. Market development strategy C. Product-development strategy D. Diversification strategy
Last Answer : Market-penetration strategy
Description : Mr. Singh has decided to expand his store hours and offer discounted pricing on his existing line of pet supplies. Which strategy is he considering? A. Market penetration B. Diversification C. Product development D. Promotions
Last Answer : Market penetration
Description : Ansoff's matrix is useful for what? A. Integrating a business's marketing strategy with general strategic direction B. Establishing an editorial calendar for staff to follow C. Understanding buyer personas and buyer behaviour D. Hiring new staff and training them on marketing tactics
Last Answer : Integrating a business's marketing strategy with general strategic direction
Description : This strategy develops over time, through everyday routines, activities and processes that may not be directly related to strategy development. A. Intended strategy B. Realized strategy C. Emergent strategy D. None of these options are valid
Last Answer : Emergent strategy
Description : This strategy is strategy that is actually being followed by an organisation. A. Intended strategy B. Realized strategy C. Emergent strategy D. None of these options are valid
Last Answer : Realized strategy
Description : This strategy is an expression of desired strategic direction deliberately formulated & planned in terms of resource allocation, control systems, organizational structure etc. A. Intended strategy B. Realized strategy C. Emergent strategy D. None of these options are valid.
Last Answer : Intended strategy
Description : If a company adopts a blue ocean strategy, which of the following will it not do? A. Innovate B. Create value C. Offer a low cost D. Compete head-on
Last Answer : Compete head-on
Description : Which of the following is NOT a major element of the strategic management process? A. Formulating strategy B. Implementing strategy C. Evaluating strategy D. Assigning administrative tasks
Last Answer : Assigning administrative tasks