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 : The innovation strategy is characterized by……………… (a) A mixture of loose with tight properties ; (b) Looser controls for new undertakings (c) Low specialization and low formalization ; (d) Tight controls over current activity
Last Answer : (c) Low specialization and low formalization ;
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 elements of International Strategy framework? A. Trade policies B. Lingual Advancements C. Economic Stability D. Climatic conditions
Last Answer : Trade policies
Description : How many models are for technological innovation- (i) Two (ii) Three (iii) Four (iv) None of the above
Last Answer : (ii) Three
Description : What inhibits innovation at the bottom of the Pryamid? A. The assumptions of Multi-National Companies B. The buying habits of poor people C. The scale of investment required for success in the BoP market D. All of these options are valid
Last Answer : All of these options are valid
Description : The expression “Bottom of the Pyramid” refers to: A. Those buildings in Egypt B. The lowest income earners of the global society C. The foundations of innovation D. The lowest tier of management in an organisation
Last Answer : The lowest income earners of the global society
Description : What is said to be the key factor in maintaining Organizational Growth ? [Hurst : 1995] A. Entrepreneurial Vision B. Planning C. Innovation D. Flexibility
Last Answer : Flexibility
Description : The planning process can be used to promote _______________ inorganization (a) Advancement ; (b) Technologies ; (c) Innovation ; (d) Discoveries
Last Answer : (c) Innovation ;
Description : Which type of organization outsources major business functions? (a) Modular ; (b) Innovation ; (c) Virtual ; (d) Feminine
Last Answer : (a) Modular ;
Description : Needs that impel creativity and innovation, along with the desire to have a productive impact on our surroundings are ___________ needs. (a) Existence ; (b) Relatedness ; (c) Growth ; (d) None of the Above
Last Answer : (c) Growth ;
Description : Transformational leadership is about change, _________, and entrepreneurship. (a) Motivation ; (b) innovation ; (c) loyalty ; (d) enthusiasm
Last Answer : (b) innovation ;
Description : Last month, Jennifer‟s department experienced constructive conflict during a meeting. Which of the following is not an outcome of this functional conflict? (a) improved quality of decisions ; (b) creativity and innovation are stimulated (c) tensions are released ; (d) communication is retarded
Last Answer : (d) communication is retarded
Description : You decide to do more research on the view that conflict should be encouraged as a means to achieve change and innovation. This view is termed: (a) the traditional view. ; (b) the human relations view. ; (c) the interactionist view. (d) the acceptance view.
Last Answer : ; (c) the interactionist view.
Description : Conflict is constructive when: (a) it improves the quality of decisions. ; (b) it stimulates creativity and innovation. (c) it fosters an environment of self-evaluation and change. ; (d) all of the above
Last Answer : (d) all of the above
Description : According to the interactionist‟s perspective, a group that functions without conflict is: (a) the ideal situation but is rarely achieved. ; (b) prone to becoming static and apathetic. (c) likely to be responsive to the need for change and innovation. ; (d)the most productive.
Last Answer : (b) prone to becoming static and apathetic.
Description : _________________________ looks at financial and non-financial factors to evaluate strrategic performance? A. Business Process Re-engineering B. Balanced Scorecard C. Benchmarking D. Blue Ocean Thinking
Last Answer : Balanced Scorecard
Description : What metaphor is used to describe the competitive space where products are not yet well defined, competitors are not structured and the market is relatively unknown? A. Blue ocean B. Red sea C. Blue lagoon D. Red ocean
Last Answer : Blue ocean
Description : What metaphor is used to describe the competitive space where products are not yet well defined, competitors are not structured, and the market is relatively unknown? A. Blue ocean B. Red sea C. Blue lagoon D. Red ocean
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 : A sustainable competitive advantage requires that: Select one: a. Other companies are not able to duplicate the strategy b. The value creating strategy be in a formulation stage c. Average returns be earned by the company d. Competitors are simultaneously implementing the strategy.
Last Answer : Other companies are not able to duplicate the strategy
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 : 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 environments ... . C. Through concentrating on a narrow market segment. D. Through establishing their uniqueness.
Last Answer : Through establishing their uniqueness.
Description : Which of the following is associated with a La Niña event? (a) The Southern Oscillation Index (SOI) is strongly negative. (b) The ocean surface off the coast of South America is warmer than usual. (c) There is an increased chance of above average rainfall in eastern Australia. (d) All of the above.
Last Answer : (c) There is an increased chance of above average rainfall in eastern Australia.
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. 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 : 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 : 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 : 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