Question # 1 of 20 ( Start time: 05:21:42 PM ) Total Marks: 1
Which one of the following includes questions like, what is our business? And what are the values and preferences of an organization?
Select correct option:
Priority Statement
Mission Statement
Motivation Statement
Problem Statement
Question # 2 of 20 ( Start time: 05:23:08 PM ) Total Marks: 1
What should be avoided by a manager among the following?
Select correct option:
Managing by Objectives
Following the Vision
Reinstating the Mission statement
Managing by Subjective
Question # 3 of 20 ( Start time: 05:24:30 PM ) Total Marks: 1
While evaluating a strategy, Corrective actions are almost always needed EXCEPT:
Select correct option:
When external and internal factors have not significantly changed
When the firm is not progressing satisfactorily toward objectives
When the firm has not achieved the stated organizational goals
When there are differences between desired results and achieved results
Question # 4 of 20 ( Start time: 05:25:57 PM ) Total Marks: 1
Buyer switching costs is an important factor for which of the following forces?
Select correct option:
The intensity of competitive rivalry
The bargaining power of suppliers
The threat of new entrants
The threat of substitute products
Question # 5 of 20 ( Start time: 05:27:02 PM ) Total Marks: 1
Which of the following are the two internal dimensions represented on the axes of the SPACE Matrix?
Select correct option:
Environmental stability and industrial strength
Industrial strength and competitive advantage
Competitive advantage and financial strength
Financial strength and environmental stability
Question # 6 of 20 ( Start time: 05:28:25 PM ) Total Marks: 1
Rehman industries is analyzing the technological forces for the firm which may provide it opportunities and threats for which of the following stage/s of strategic management process?
Select correct option:
Strategy formulation
Strategy implementation
Strategy evaluation
All of the given options
Question # 7 of 20 ( Start time: 05:29:44 PM ) Total Marks: 1
Which of the following is NOT included in the strategic management model?
Select correct option:
Measure and evaluate performance.
Perform internal research to identify customers.
Establish long-term objectives.
Develop mission and vision statements.
Question # 8 of 20 ( Start time: 05:30:29 PM ) Total Marks: 1
What are historical narratives describing the unique accomplishments of a group and its leaders, usually in heroic terms?
Select correct option:
Rites
Sagas
Stories
Myths
Question # 9 of 20 ( Start time: 05:31:13 PM ) Total Marks: 1
Which of the following is the highest possible weighted score for the organization in IFE matrix?
Select correct option:
1.0
1.5
2.5
4.0
Question # 10 of 20 ( Start time: 05:32:01 PM ) Total Marks: 1
In marketing, who is the central focus of most of the activities?
Select correct option:
Director
Supplier
Customer
Marketer
Question # 11 of 20 ( Start time: 05:33:12 PM ) Total Marks: 1
Backward integration is effective in all of the following situations EXCEPT:
Select correct option:
When an organization competes in an industry that is growing rapidly
When an organization needs to acquire a needed resource quickly
When the advantage of stable prices are not important
When present suppliers have high profit margins
Question # 12 of 20 ( Start time: 05:34:02 PM ) Total Marks: 1
Which one of the following is NOT a Demographic Factor?
Select correct option:
Ethnicity
Gender
Technology
Age
Question # 13 of 20 ( Start time: 05:35:29 PM ) Total Marks: 1
Hispanic are the people who speak which language ?
Select correct option:
Turkish
Spanish
French
Italian
Question # 14 of 20 ( Start time: 05:36:44 PM ) Total Marks: 1
The mission statement answers which of the following question?
Select correct option:
What is our business?
How can we improve ourselves?
What do we want to become?
Who are our stakeholders?
Question # 15 of 20 ( Start time: 05:37:28 PM ) Total Marks: 1
Which management function includes breaking tasks into jobs, combining jobs to form departments and delegating authority?
Select correct option:
Motivating
Staffing
Organizing
Planning
Question # 16 of 20 ( Start time: 05:38:51 PM ) Total Marks: 1
Which of the following can be the weakness of an organization?
Select correct option:
Price war
Poor location of business
Increased trade barriers
Innovative substitute product
Question # 17 of 20 ( Start time: 05:39:57 PM ) Total Marks: 1
The purpose of an external audit is to prepare a list of which of the following?
Select correct option:
Opportunities and weaknesses
Threats and strengths
Opportunities and threats
Strengths and weaknesses
Question # 18 of 20 ( Start time: 05:40:37 PM ) Total Marks: 1
Defensive strategies include all of the following EXCEPT:
Select correct option:
Retrenchment
Acquisition
Divestiture
Liquidation
Question # 19 of 20 ( Start time: 05:41:11 PM ) Total Marks: 1
Which of the following is NOT one of the bases frequently used for constructing a product positioning strategy?
Select correct option:
Positioning on specific product features
Positioning by products
Positioning on specific use categories
Positioning by cultural symbols
Question # 20 of 20 ( Start time: 05:42:43 PM ) Total Marks: 1
All of the specified approaches could be used to determine R&D budget allocation EXCEPT:
Select correct option:
Financing as many projects as possible
Using percentage-of-sales method
Budgeting irrelative to competitors
Deciding how many successful new products are needed
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