MGT603+STRATEGIC+MANAGEMENT+MCQs+VUABID

MGT603+STRATEGIC+MANAGEMENT+MCQs+VUABID - 1. 2. 3. Which...

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1.
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2.
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3.
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Which strategies aim at improving internal weaknesses by taking advantage of external opportunities? a. SO 1. WO b. SW c. ST d. WT 4. How many cells are in a SWOT Matrix? a. Two b. Four c. Six d. Eight e. Nine 5. What are two external dimensions of the SPACE Matrix? a. Environmental stability and industry strength b. Environmental stability and competitive advantage c. Industry strength and competitive advantage d. Competitive advantage and financial strength e. Financial strength and industry strength 6. In the SPACE analysis, what does a (+6, +3) strategy profile portray? a. A strong industry b. An unstable environment c. A stable environment d. A weak industry (i) A weak financial position 7. Selling all of a company’s assets in parts for their tangible worth is called a. Joint venture. b. Divestiture. c. Concentric diversification. d. Liquidation. e. Unrelated integration 8. Which stage of the strategy-formulation framework involves the Quantitative Strategic Planning Matrix? a. Stage 1 b. Stage 2
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c. Stage 3 d. Stage 4 e. Stage 5
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9.
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10. Which strategy should be implemented when a division is responsible for an organization’s overall poor performance? a. Backward integration
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b. Divestiture c. Forward integration b. Cost leadership c. Related diversification 11. What analytical tool has four quadrants based on two dimensions: competitive position and market growth? a. Competitive Profile Matrix b. Internal-External Matrix c. SPACE Matrix d. Grand Strategy Matrix e. QSPM. 12. Which of the following is not true about objectives? a. They should be communicated throughout the organization. b. They should have an appropriate time dimension. c. They should incorporate policies. d. They should be measurable. e. They should be consistent. 13. _______ is not a major factor that commonly prohibits effective resource allocation. a. Under protection of resources b. Organizational politics c. Vague strategy targets d. Reluctance to take risks e. Lack of sufficient knowledge 1) Strategy-formulation concepts and tools do not differ greatly  a. For small, large, for profit, or nonprofit organizations b. Among different types and sizes of organizations c. Both of the options mentioned options d. None of the mentioned options 2) Which of the following statement is true about strategy implementation? a. The role of managers and employees in strategy implementation should not build  upon prior involvement in strategy-formulation activities b. Managers and employees in an organization should participate early and  directly in strategy-implementation decisions
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c. Strategists' genuine personal commitment to implementation is not a necessary  thing for employees. d.
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MGT603+STRATEGIC+MANAGEMENT+MCQs+VUABID - 1. 2. 3. Which...

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