Description : Cultural values would be part of which of the following factor in macro environment? a. Demographic b. Social c. Ecological d. Natural
Last Answer : Social
Description : Macro environment consist of ______? A. public. B. political & legal. C. suppliers. D. customers.
Last Answer : B. political & legal.
Description : These are the Four Stages of Globalization A. Domestic, International, Multinational, Global (Stateless) B. Local, State, Country, World C. Micro, Macro, Geo-political, Geo-social D. Exporting, Licensing, Franchising, Joint Venture
Last Answer : Domestic, International, Multinational, Global (Stateless)
Description : All of these, except__________, are part of Porter's competitive forces in industry analysis. a. potential entry of new competitors b. bargaining power of suppliers c. development of substitute products d. bargaining power of union
Last Answer : bargaining power of union
Description : The external environment factor that states: The values and culture that affect the way people feel about the organization they are in and about work itself is: (a) Sociological factors ; (b) Political factors ; (c) Economic factors ; (d) Psychological factors
Last Answer : (a) Sociological factors ;
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 : Which group would be classified as a stakeholder? A. Communities B. Banks C. Suppliers D. All of these
Last Answer : All of these
Description : According to the five factors model, an attractive industry would have all of the following characteristics EXCEPT: A. Low barriers to entry. B. Suppliers with low bargaining power. C. A moderate degree of rivalry among competitors. D. Few good product substitutes.
Last Answer : Low barriers to entry.
Description : Switching costs refer to the: A. Cost to a producer to exchange equipment in a facility when new technologies emerge. B. Cost of changing the firm’s strategic group. C. Costs suppliers incur when selling to a different customer. D. Costs customers incur when buying from a different supplier.
Last Answer : Costs customers incur when buying from a different supplier.
Description : Which of the following is NOT an entry barrier to an industry? A. None of these B. Economies of scale C. Customer loyalty D. Bargaining power of suppliers
Last Answer : Bargaining power of suppliers
Description : Which one of the following is NOT included in the Porter’s Five Forces model: A. Potential development of substitute products B. Bargaining power of suppliers C. Rivalry among stockholders D. Rivalry among competing firms
Last Answer : Rivalry among stockholders
Last Answer : A moderate degree of rivalry among competitors.
Description : In ‘make or buy’ decision, it is profitable to buy from outside only when the supplier’s price is below the firm’s own ______________. (a) Fixed Cost (b) Variable Cost (c) Total Cost (d) Prime Cost
Last Answer : (b) Variable Cost
Description : A continually evolving network of independent companies, suppliers, customers, even competitors, linked together to share skills, costs, and access to one another s markets is called a/an ... Virtual organization ; (b) Boundaryless organization ; (c) Modular organization (d) Integrated organization
Last Answer : (a) Virtual organization ;
Description : Which of the following is not a primary concern for your Finance Department? a. Acquiring capital b. Setting credit policies for customers and suppliers c. Employee turnover d. Establishing a dividend policy e. Capital structure of the firm
Last Answer : c. Employee turnover
Description : Your finance department is primarily concerned with a. acquiring the capital needed for company activities. b. establishing a dividend policy that maximizes the return to shareholders. c. setting credit policies for customers and suppliers. d. profits. e. all of the above.
Last Answer : e. all of the above.
Description : Which of the following factors does the macro-environment not include? A. political and regulatory factors. B. customer needs in a given market. C. social and demographic factors. D. technological changes.
Last Answer : B. customer needs in a given market.
Description : Macro environment is also known as _________? A. direct environment . B. indirect environment. C. competitive environment. D. social environment.
Last Answer : B. indirect environment.
Description : What three broad factors determine global strategy of multinational firms? a) Local globalizing drivers, industry globalizing drivers, internal globalizing drivers b) Cultural globalizing ... orientation d) Macro globalizing drivers, industry globalizing drivers, internal globalizing drivers
Last Answer : Macro globalizing drivers, industry globalizing drivers, internal globalizing drivers
Description : Following is not a part of Internet Micro-Environment Customers Competitors Suppliers Technology
Last Answer : Technology
Description : All Strategists have similar Attitudes, Values, Ethics and Concerns for Social Responsibility
Last Answer : False
Description : Which is the nodal agency at the Indian Union Government for coordinating disaster management activities for all natural hazards? a. Minister of Home affairs b. Ministry of social justice and Empowerment c. Ministry of Science and Technology d. Ministry of Environment and Forests
Last Answer : a. Minister of Home affairs
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 : 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 : Changes in behavior as a result of observation and manipulation of conditions in an environment are termed……………. (a) The Hawthorne effect ; (b) Group dynamic ; (c) Social influence ; (d) Sociometry
Last Answer : (a) The Hawthorne effect ;
Description : In macro environment, 'pressure groups' and 'government agencies' are part of A. the cultural environment B. the demographic environment C. the economic environment D. the political environment
Last Answer : the political environment
Description : Competitors, Customers and Public are part of A. macro environment B. micro environment C. business necessities D. none of these
Last Answer : B. micro environment
Description : In macro environment, the 'pressure groups' and 'government agencies' are part of A. the cultural environment B. the demographic environment C. the economic environment D. the political environment
Last Answer : D. the political environment
Description : By offering Crest for Kids (attractive taste for children), Regular Crest for cavity control, and Tartar Control Crest toothpastes, Procter & Gamble is segmenting the market based on: A)benefits B)psychographics C)lifestyle D)demographics E)attitudes
Last Answer : A)benefits
Description : Which of the following are drivers of Internationalization? A. Global customers B. Host Government policies C. Transferable marketing D. All of the above
Last Answer : All of the above
Description : Which of the following are drivers of Internationalization? A. Country specific migrants B. Trade policies C. Lingual Advancements D. All of the above
Last Answer : Trade policies
Description : Which of the following are elements of International Strategy framework? A. Trade policies B. Lingual Advancements C. Economic Stability D. Climatic conditions
Description : The fundamental purpose for the existence of any organization is described by its A. policies B. mission C. procedures D. strategy
Last Answer : mission
Description : The fundamental purpose for the existence of any organization is described by its a. policies b. mission c. procedures d. Strategy
Description : What are the means by which long-term objectives could be achieved? A. Strategies B. Policies C. Strengths D. Opportunities
Last Answer : Strategies
Description : Standing plans that furnish broad guidelines for channeling management thinking in specified direction are called (a) Single-use plans ; (b) Programs ; (c) Procedures ; (d) Policies
Last Answer : (d) Policies
Description : Which of the following is not part of the micro environment? a. Technology b. Shareholders c. Competitors d. Publics
Last Answer : Technology
Description : Which one is NOT an element of internal environment ? A. Marketing Capabilities B. Operational Capabilities C. Money & Capital Market D. Personal Capabilities
Last Answer : Money & Capital Market
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 : Micro environment consists of ? A. suppliers B. marketing C. competitors D. all of the above
Last Answer : D. all of the above
Description : Macro environment consists of A. cultural forces B. technological forces C. demographic forces D. All of the above
Last Answer : D. All of the above
Description : What are the elements of business environment? A. Micro Environment. B. Macro Environment. C. Complex Environment. D. Steeple factor
Last Answer : D. Steeple factor