(State True or False) Strategy allows an organization to exert control over its own destiny. ________ is defined as a general set of directions for the corporate to achieve a desirable state in the future. (A) Batch production (B) Jobbing production (C) Process production (D) Service production 23. ANSWER: A 2. The fundamental purpose of an organization’s mission statement is to a. create a good human relations climate in the … MCQ & Answer Vault for Exam 1910 Exam MCQ consist 10% of the total paper. They are – Company, Customer and the Competitor. b. they sell a commodity product. Ans: Operations, 46. Ans: Two sets, 18. Transactional leaders are good at short term planning. Multiple Choice Questions on Management set-2 MCQ on Planning & organizing at supervisory level. a. create a good human relations … 10. 6. Business Policy and Strategic Management MCQ with Answers for preparation competitive, MBA, BBA distance and regular mode coureses Strategic Management MCQ: Multiple Choice Questions and Answers on Strategic Management 1. Ans: Peter F Drucker, 35. ________ of the organization can be defined as the reason for existence of the organization and is an insight into the future. Suppliers are powerful when: a. satisfactory substitutes are available. A. Latin. Ans: True, 41. List out the 3 processes involved in strategic management. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. According to the growth-share matrix for competitive analysis created by the Boston Consulting Group, such an SBU is considered a SWOT analysis refers to the analysis of the organization’s ______________. School of distance education Strategic Financial Management Page 3 CONTENTS MODULE 1 UNIT 1 Financial Goals & strategy UNIT 2 Managerial Implications Of Share holder Value creation MODULE II UNIT 3 Financial Strategy For Capital Structure UNIT 4 Capital Structure Planning & Decision Making UNIT 5 Dividend Policy & Value Of The Firm UNIT 6 Dividend Policy &Valuation of Firms ADVERTISEMENTS: b. mission . 34. 15. It acts to achieve corporate and business unit objectives by maximizing resource productivity. In a large organization, strategic management activities occur at what level(s)? According to the growth-share matrix for competitive analysis created by the Boston Consulting Group, such an SBU is considered a Star. A. Ans: True. 1. The process of making the employees understand about the strategic direction of the company is called as__. Ans: Impossible to handle various issues relating to the business, 60. The market sensing process, one of the core business processes, includes _____ . D. German. The achievement of _______ indicates that the organization is preceding along the right course of growth. Ans: Political, Economic, Social and Technological, 61. Strategic Management MCQ is important for exams like MAT, CAT, CA, CS, CMA, CPA, CFA, UPSC, Banking and other Management department exam. b) Technopreneur. Typically, a strategic business unit operates as a separate unit, but it is also an important part of the company. Ans: Business policy, 59. Strategic analysis is a part and parcel of the __________ process of organisations. In some cases, they are run as a completely separate business.Alternatively, a strategic business unit may be primarily a marketing team that shares administrative and operational functions with the rest of an organization.. 5 Examples of a Strategic Business Unit - Simplicable Submit . Introduction A strategic business unit is a significant organization segment that is analyzed to develop organizational strategy aimed at generating future business or revenue. b. Retail Management MCQ Questions and Answers Part – 1 Retail Management MCQ Questions and Answers Part – 2 Retail Management MCQ Questions and Answers Part – 3 1. UNIT: 1 INTRODUCTION HUMAN RESOURCE MANAGEMENT (MCQ) Que:1 Human resource management emphasis- a. Business Strategy Multiple Choice Questions (MCQ) and Answers pdf for preparation of academic and competitive examinations. c. they offer a credible threat of forward integration. Strategic marketing means identifying the customers' needs or public and creating a marketing strategy plan to satisfy customer's requirement and improve the company's performance and increase profit. The 3 strategies advocated by Porter for the business unit level are _____, _____ and _____. The term “Core Competency” has its origin in an article titled __________, written by C K Prahalad and Gary Hamel for the Harvard Business Review in 1990. How the firm intends to make money. Strategic Management MCQ: Multiple Choice Questions and Answers on Strategic Management 1. b. a privately owned franchise under the auspices of a larger group or organization bearing the same name. Ans: Leadership, 62. C. English. 44. The three types of strategies adopted by an organization are ______ , ______ and ______. _______ defines the products of the firm, the geographical area of its market and the activities undertaken to establish the product. Variable cost per unit remains same/increases/decreases due to increase in production. The two types of global strategies pursued by multinational corporations ______ and ______. Ans: Mutual benefit, 17. Business Policies are influenced by ____________sets of factors. 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