Question
1 The structure that organizations most commonly adopt to solve the control problems that result from producing many different kinds of products for many different
1 The structure that organizations most commonly adopt to solve the control problems that result from producing many different kinds of products for many different market segments is the _______ structure.
Product
Matrix
Functional
Network
2 Among the following, who is not a Management expert?
Peter F. Drucker
Mc Kinsey
Albert Grahmbell
Elton Mayo
3 The external factors may include physical resources, value system, labour unions etc
True
False
4 Experience Curve was developed by the Boston Consulting Group.
True
False
5 Product Objectivemay be expressed in terms of ratio of input to output.
True
False
6 Strategic management helps organizations to be more proactive instead of reactive in shaping its future.
True
False
7 Intensication involves expansion within different line of business.
True
False
8 Human resourceObjective may be described in terms of absenteeism, turnover, Strategic Framework number of grievances, strikes and lockouts etc.
True
False
9 Choose the the correct options with regards to the origin of the root 'Strategos' from the term strategy is derived
Latin
Greek
German
Italian
10 Identify from the options the last stage of strategic management process
Strategic Intent
Strategy Formulation
Strategy Implementation
Strategic evaluation and control
11 Choose from the following the correct element of the strategy.
Direction
Goals
Scope
Logic
12 Select from the following which is not a part of the micro environment of the business
Technology
Shareholders
Competitors
Public
13 Identify from the following which is not a part of macro environment of the business.
Laws & Policies
Demographics
Suppliers
Social Values
14 Select from the following the level of strategy that represents the pattern of entrpreneural actions
Corporate level
Business level strategy
Functional level strategy
Operational strategy
15 Choose in context of Michael Porter's Five forces what does 'threat of new entrants' relate to
Barriers to entry
Substitutes
Switching costs
Buyer power
16 Choose from the alternative the correct description about firm's Mission
is a statement of firm's business in which it intends to compete and the customer's which it intends to serve.
is an internally focused affirmation of the organization's financial social and ethical goals.
is mainly intended to emotionally inspire employees and other stakeholders
is developed by a firm before the firm develops its mission
17 Select from the following questions a vision statement provides an answer
What is our business?
Who are our employees?
Why do we exist?
What do we want to become?
18 Identify the correct phrase for the description "A possible and desirable future state of an organization "
Vision
Mission
Goal
Strategy
19 Identify the correct expansion of the acronym SWOT
Special Weapons for Operations Timeliness
Services, Worldwide Optimization, and Transport
Strengths Worldwide Overcome Threats
Strengths, Weaknesses, Opportunities, and Threats
20 Identfy which from the following is not an advantage of strategic management
It provides organisations with a clearer sense of direction and purpose
It helps improve the political, economic, social and technological environment of the organisation
It helps orientate management decisions to relevant environmental conditions
It helps organisations be proactive rather than reactive
21 Select from the following types of strategy which defines what business or businesses the firm is in or should be in.
Business strategy
Corporate strategy
Functional strategy
National strategy
22 Infer what type of industry an industry largely dominated by a few large rms is
Densely concentrated industry
Highly concentrated
Low concentrated industry
Medium concentrated industry
23 Identify the level of strategy represents the pattern of entrepreneurial actions
Corporate level strategy
Business level strategy
Functional level strategy
Tactical level strategy
24 Identify the term with which Strategy has often been used as a synonym mistakenly
Procedure
Policy
Vision
Tactics
25 Strategy may operate at different levels of an organization -corporate level, business level, Identify the remaining strategy.
Functional level
Departmental level
Senior Level
Operational Level
26 Choose which of the following is not the feature of vision
Motivator
Objective
Mental exercise
Flexibility
27 ________ is not part of an external audit.
Analyzing competitors
Analyzing financial ratios
Analyzing available technologies
Studying the political environment
28 Strategic management process activate in the sequence of_______
Environmental scanning, Strategy formulation, Implementation, control and evaluation
Strategy formulation, Environmental scanning, Implementation, control and evaluation
Environmental scanning, Strategy Implementation, formulation, control and evaluation
Strategy formulation, Implementation, control, evaluation, Environmental scanning
29 For intensive growth, the company first considers whether it could gain more market share with its current products in their current market, using a _________
Market-penetration strategy
Market development strategy
Product-development strategy
Diversification strategy
30 The strategic management process is _______ and continuous.
Time consuming
Dynamic
Flexible
Useless
1 | The structure that organizations most commonly adopt to solve the control problems that result from producing many different kinds of products for many different market segments is the _______ structure.
| ||||||||
2 | Among the following, who is not a Management expert?
| ||||||||
3 | The external factors may include physical resources, value system, labour unions etc
| ||||||||
4 | Experience Curve was developed by the Boston Consulting Group.
| ||||||||
5 | Product Objectivemay be expressed in terms of ratio of input to output.
| ||||||||
6 | Strategic management helps organizations to be more proactive instead of reactive in shaping its future.
| ||||||||
7 | Intensication involves expansion within different line of business.
| ||||||||
8 | Human resourceObjective may be described in terms of absenteeism, turnover, Strategic Framework number of grievances, strikes and lockouts etc.
| ||||||||
9 | Choose the the correct options with regards to the origin of the root 'Strategos' from the term strategy is derived
| ||||||||
10 | Identify from the options the last stage of strategic management process
| ||||||||
11 | Choose from the following the correct element of the strategy.
| ||||||||
12 | Select from the following which is not a part of the micro environment of the business
| ||||||||
13 | Identify from the following which is not a part of macro environment of the business.
| ||||||||
14 | Select from the following the level of strategy that represents the pattern of entrpreneural actions
| ||||||||
15 | Choose in context of Michael Porter's Five forces what does 'threat of new entrants' relate to
| ||||||||
16 | Choose from the alternative the correct description about firm's Mission
| ||||||||
17 | Select from the following questions a vision statement provides an answer
| ||||||||
18 | Identify the correct phrase for the description "A possible and desirable future state of an organization "
| ||||||||
19 | Identify the correct expansion of the acronym SWOT
| ||||||||
20 | Identfy which from the following is not an advantage of strategic management
| ||||||||
21 | Select from the following types of strategy which defines what business or businesses the firm is in or should be in.
| ||||||||
22 | Infer what type of industry an industry largely dominated by a few large rms is
| ||||||||
23 | Identify the level of strategy represents the pattern of entrepreneurial actions
| ||||||||
24 | Identify the term with which Strategy has often been used as a synonym mistakenly
| ||||||||
25 | Strategy may operate at different levels of an organization -corporate level, business level, Identify the remaining strategy.
| ||||||||
26 | Choose which of the following is not the feature of vision
| ||||||||
27 | ________ is not part of an external audit.
| ||||||||
28 | Strategic management process activate in the sequence of_______
| ||||||||
29 | For intensive growth, the company first considers whether it could gain more market share with its current products in their current market, using a _________
| ||||||||
30 | The strategic management process is _______ and continuous.
|
Assignment: 2
- Assignment 2 is based on the following text/paragraph of case study/situational exercise etc. You first need to read this text and then answer the following MCMR i.e. Multiple choice multiple response questions.
- Number of Questions: 5
- Each question carries 2 Mark
- All Five Questions are Mandatory.
- Attempts: 1
Tangy spices Ltd, the countries' biggest spices marketer has decided to launch a hostile bid for Italy's major spice marketer Chilliano. This is a rare case of an Indian company making an unsolicited hostile bid for a foreign company. The Tangy Spices Ltd. has competencies in Indian spices. The major destination markets for the Tangy spices Ltd. exports have been the Europe and America. The competencies of Chilliano lie in Italian herbs and spices. The Indian company with the takeover wishes to synergies its operations in the world market. It also wants to take advantage of the reach enjoyed by the Italian company in several countries where its products are not beng sold presently. The move of hostile takeover follows Chilliano's rejection to an agreement entered a year back. At that time Chilliano was suffering losses and it offered majority shares at a price of 2.25. A total of 20% shares were transferred at that time. In one year Chilliano was able to turnaround its operations and the company made handsome profits in the last quarter. The promoters who have residual holding of 35% in the company are reluctant to transfer the shares now. They have rejected the agreement with a plea that the earlier offer price was not sufficient. Tangy spices Ltd has revised its offer to 2.95. By this lucrative offer some of the large shareholders of Chilliano reveal their interest for selling their stakes. On the other hand, promoters maintained their position on this matter. Through the process of buying of shares in the market the Tangy spices Ltd. gradually consolidated its holding in Chilliano to 45%. Being a major shareholder they were ready for a takeover. At the same time, Tangy spices Ltd. was trying hard to improve their position so that they do not leave any space for Chilliano's promoters in future. | 1 |
2 What strategic alternative is followed by Tangy spices Ltd?
Stability | |
Expansion | |
Retrenchment | |
Combination |
3 What is the hostile takeover by an Indian company appropriate?
Hostile takeovers are extremely reasonable | |
Acquirer need to be ready to pay extra price than market price of equity | |
when a cash low company sees strategic advantage in that acquisition. | |
position much strongerin the market |
4 Why the Tangy Spices Ltd. is interested in this takeover?
takeover will synergies its operations in the world market | |
wants to take advantage of the reach enjoyed by the Italian company | |
Acceptance of promoters to transfer the shares | |
wants to take competitive adavantage |
5 Why the promoters are reluctant to transfer the shares after the agreement?
turnaround its operations and the company made huge profit | |
promoters who have residual holding of 5% in the company become reluctant to transfer the shares now | |
rejected the agreement with a plea that the earlier offer price of 2 per share was sufficient. | |
they are not getting right value for their equity or they do not intend sell equty due to increased profitability of company |
6 Why the Company rejected the offer?
takeovers are reasonable | |
retrenchment is much better than expansion | |
offer price of 2.25 per share was not sufficient | |
company should try combination |
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