Description : Acquisition of competitors for growth is… A. Horizontal integration B. Forward integration C. Backward integration D. None of these options
Last Answer : Horizontal integration
Description : Acquiring one or more suppliers for growth is…. A. Horizontal integration B. Forward integration C. Backward integration D. None of these options
Last Answer : Backward integration
Description : In the case where an organization acquires its supplier, this is an example of: a) Horizontal integration b) Forwards vertical integration c) Backwards vertical integration d) Downstream vertical integration
Last Answer : Backwards vertical integration
Description : Which strategy would be effective when the new products have a counter cyclical sales pattern compared to an organization's present products? a. Forward integration b. Retrenchment c. Horizontal diversification d.Market diversification
Last Answer : Forward integration
Description : The type of diversification in which the company adds up same type of products at the same level of production is ____________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration.
Last Answer : B. horizontal integration.
Description : Cost Unit is defined as: (a) Unit of quantity of product, service or time in relation to which costs may be ascertained or expressed (b) A location, person or an item ... the responsibility of generating and maximising profits (d) Centres concerned with earning an adequate return on investment
Last Answer : Unit of quantity of product, service or time in relation to which costs may be ascertained or expressed
Description : Neoclassical economics concerns itself with the determination of various prices. In the branch of Microeconomics, economists are concerned with _________, while in Macroeconomics they consider _________ (a) Price ... prices: the aggregate price level ; (d) Costs to consumers: costs to producer
Last Answer : (c) Individual product prices: the aggregate price level ;
Description : The type of diversification in which the company adds complementary to the existing product or service line is _________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration.
Last Answer : C. vertical integration.
Description : What term is used for corporate development beyond current products and markets, but within the capabilities or the value network of the organisation? A. Backward integration B. Related diversification C. Vertical integration D. Divergent diversification
Last Answer : Related diversification
Description : A film company and a music recording company may choose to combine, believing that the result will be more effective than the sum of the two component parts. What term is used for the benefits? A. Synergy B. Diversification C. Integration D. Consolidation
Last Answer : Synergy
Description : An alliance between a supplier and a buyer that agree to use and share skills and capabilities in the supply chain, is called: a) Diversification alliance b) Shared supply alliance c) Complementary alliance d) Vertical integration alliance
Last Answer : Vertical integration alliance
Description : A partnership between companies in different lines of business, is called: a) Vertical integration alliance b) Diversification alliance c) Shared supply alliance d) International expansion alliance
Last Answer : Diversification alliance
Description : Which of the following is NOT a dimension of global strategy? a) Localization b) Coordination and configuration c) Standardization d) Integration
Last Answer : Localization
Description : When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? a) Transnational b) Global c) Multi-national d) Global-local
Last Answer : Transnational
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 : __________ is adding new, unrelated products or services for present customers. a. Concentric diversification b. Horizontal diversification c. Conglomerate diversification d. Product development
Last Answer : Horizontal diversification
Description : 6. Budgeted sales of X for March are 18000 units. At the end of the production process for X, 10% of production units are scrapped as defective. Opening inventories of X for March are ... have successfully passed the quality control check. The production budget for X for March, in units is:
Last Answer : (d) 16,000
Description : Which of the following would explain an adverse variable production overhead efficiency variance? 1. Employees were of a lower skill level than specified in the standard 2. Unexpected idle time resulted from a series of machine breakdown 3. ... b) (1) and (2) (c) (2) and (3) (d) (1) and (3)
Last Answer : (d) (1) and (3)
Description : Which of the following is not a typical attribute of goods? (a) output can be inventoried ; (b) aspects of quality difficult to measure (c) output can be resold ; (c) production and consumption are separate
Last Answer : (b) aspects of quality difficult to measure
Description : Walter Shewhart is listed among the important people of operations management because of his contributions to (a) assembly line production ; (b) measuring the productivity in the service sector (c) statistical quality control ; (d) all of the above
Last Answer : (c) statistical quality control ;
Description : The Strategic Management Process is ------------- : A. A set of activities that is guaranteed to prevent Organizational failure B. A process concerned with a Firm's Resources, ... D. A dynamic process involving the full set of commitments, decisions and actions related to the Company
Last Answer : A dynamic process involving the full set of commitments, decisions and actions related to the Company
Description : Which of the following is NOT a characteristic of Strategic Mgt that makes it different : A. It is interdisciplinary B. It has an external focus C. It has an internal focus D. It is concerned with the present direction of the Organisation
Last Answer : It is concerned with the present direction of the Organisation
Description : Which oil tycoon used horizontal integration to decrease cost and increase profit?
Last Answer : John D. Rockefeller
Description : What Cartels monopolies trusts as well as horizontal and vertical integration all share the goal of?
Last Answer : cartels, monopolies, trust, and horizontal and verticalintegration all share the goal of
Description : In the case where an organization acquires its supplier, this is an example of: A. Horizontal integration B. Forwards vertical integration C. Backwards vertical integration D. Downstream vertical integration
Last Answer : Downstream vertical integration
Description : In __________ , the marketing and technology of new products are related to current products, but the new ones are introduced into new markets. A)backward integration B)conglomerate diversificatio n C)forward integration D)horizontal diversification E)concentric diversification
Last Answer : E)concentric diversificati
Description : Coors Brewing implemented a growth strategy by acquiring a can manufacturer. This type of growth strategy is called A)conglomerate diversification. B)horizontal integration. C)forward integration. D)backward integration. E)concentric integration.
Last Answer : D)backward integration.
Description : To expand the number of its retail outlets in Ireland, the Dress Barn merged with a small chain of women's apparel stores in the West of Ireland. This type of integration is called: A)vertical. B)retail. C)horizontal. D)backward. E)forward.
Last Answer : C)horizontal
Description : Warner Bros. sells cookie jars, puzzles, photo albums, and other items featuring its popular cartoon characters directly through its retail outlets. This is an example of A)channel leadership. ... co -operation. C)channel conflict D)horizontal channel integration. E)vertical channel integration..
Last Answer : E)vertical channel integration..
Description : Louis Vuitton makes luggage available through both department stores and its own retail outlets. This is an example of A)dual distribution. B)vertical integration. C)horizontal integration. D)tying agreements. E)exclusive dealing.
Last Answer : A)dual distribution.
Description : Benetton, a leading manufacturer of knitwear, expanded its operations to include retail outlets in the United States and Europe. This type of integration is called A)horizontal. B)vertical. C)multilevel. D)retail. E)merchandising.
Last Answer : B)vertical
Description : When Benetton, the sportswear designer and manufacturer, decided to open its own specialty shops to sell its merchandise, the firm was engaging in A)channel repetition B)vertical channel integration. C)a conventional marketing channel. D)horizontal channel integration. E)channel expansion.
Last Answer : B)vertical channel integration.
Description : When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing ______________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration
Last Answer : A. conglomerate diversification.
Description : When a firm enters into some business which is related with its present business in terms of technology, marketing or both it is called as _____________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration.
Last Answer : D. concentric integration.
Description : The cost per unit of a product manufactured in a factory amounts to Rs. 160 (75% variable) when the production is 10,000 units. When production increases by 25%, the cost of production will be Rs. per unit. (a) Rs. 145 (b) Rs. 150
Last Answer : (c) Rs. 152
Description : In case of joint products, the main objective of accounting of the cost is to apportion the joint costs incurred up to the split off point. For cost apportionment one company has chosen Physical Quantity Method. Three joint ... 20,000 (b) Rs. 60,000 (c) Rs. 1,80,000 (d) None of the these
Last Answer : (c) Rs. 1,80,000
Description : 3. S produces and sells one product, P, for which the data are as follows: Selling price Rs 28 Variable cost Rs 16 Fixed cost Rs 4 The fixed costs are based on a budgeted production and sales level of 25 ... period(a) 10.1% decrease (b) 11.2% decrease (c) 13.3% decrease (d) 16.0% decrease
Last Answer : (a) 10.1% decrease
Description : Q.61. CA Co manufactures a single product and has drawn up the following flexed budget for the year. 60% 70% 80% Rs Rs Rs Direct materials 120,000 140,000 160,000 Direct labour 90,000 105,000 120,000 Production ... activity? (a) Rs 330,300 (b) Rs 370,300 (c) Rs 373,300 (d) Rs 377,300
Last Answer : (b) Rs 370,300
Description : CG Co manufactures a single product T. Budgeted production output of product T during June is 200 units. Each unit of product T requires 6 labour hours for completion and CG Co anticipates 20 per cent idle time. Labour is paid at ... for March is (a) Rs 6,720 (b) 8,400 (c) 10,080 (d) 10,500
Last Answer : (d) 10,500
Description : Which of the following is not a typical service attribute? (a) intangible product ; (b) customer interaction is high ; (c) simultaneous production and consumption ; (d) difficult to resell
Last Answer : (b) customer interaction is high ;
Description : Current trends in operations management include all of the following except (a) Just-in-time performance ; (b) rapid product development ; (c) mass customization (d) mass production
Last Answer : (d) mass production
Description : Which of the following is a mode of entry which can be chosen when going international? A. Circular B. Horizontal C. Vertical D. None of the above
Last Answer : None of the above
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 GE 9 cell matrix, what is the label of the horizontal axis? a. Relative Market share b. Industry Attractiveness c. Industry Growth Rate d. Market Growth Rate
Last Answer : Industry Attractiveness