KRISHNA UNIVERSITY, MACHILIPATNAM MBA 401-STRATEGIC MANAGEMENT 1.

Which of following factors is not considered under political legal environmental scanning? (d) a) Government policies b) infrastructure c) Stability d) retrenchment 2. Changes in company structure leads to changes in the _______ (b) a)environment b)systems c)organizational structure d)employees 3. What business should we be in? (a) a) Corporate strategy b) stability strategy c) turn around d) integrate 4. Limited product range in narrowly defined market is ______ (a) a)Defender b)Analyzer c)Reactor d) pro actor 5. _________ are plans expressed in numerical terms usually in financial terms. (c) a)Accounts b)systems c)budgets d) Strategy 6. How do we succeed in a business? (a) a) Business strategy b) retrenchment strategy c) Diversification d) Growth strategy 7. _________ on productivity is not a strategic decision? (c) a) Growth programme b) Diversification c).Training d) merging programme 8. Which of the following is not an information system? (a) a) Employee level systems b) operational level systems c) Knowledge level systems d) management level systems 9. In the sketch of BCG matrix, what is the label of the vertical axis? (a) a) Industry growth rate b)Demand c)supply d)market share 10. Creating new opportunity by stretching and exploiting capabilities in new ways is called ________ (a) a)Strategic stretch b) Strategic intent c) Strategic plan d) Strategic decision 11.Activities that have competitive advertisement and are difficult for competences to imitate are called________ (a) a)core competencies b)liquidation competencies c)divestment competencies d)Diversified competencies 12. The value chain attempts to identify those activities which add value to _____ (a) a)Customer or final user b)Employee c)Distributor d)Supplier 13.Cost effiency is also determined by __________ (a) a)supply cost b)production cost c)marketing cost d)Distribution cost 14.Bench marking seeks to assess organizational per against: (b) a) The competitor who is weak b) The competitor who is best in class c) The competitor who is strong d) The competitor who is in threats 15. The purpose of SWOT analysis is to analyse: (c) a)political environment b)ethical environment c) Business environment d)Legal environment 16. Develops new products and searches for new markets (a) a) prospector b)Reactor c)Defender d)analyzer 17.With drawl ,consolidation and building are examples of _____ (a) a)ground strategies b)business strategies

c) functional strategies d)cooperative strategies 18.__________ is not a part of strategies management (d)a) decision making b)SWOT analysis c)Environmental scanning d) Scheduling 19. Merger takes place to ____________ (d) a)decrease growth place b)decrease market rates c)increase Diversification d)increase growth rate 20. _________ Changes only when environmental pressure is strong (a) a)Reactor b)Defender c)Analyzer d)Proactor 21.The marketing strategies emphasis price as the key to good value, operations runs with tight control development focuses on cost reduction .Which of the porters competitive strategies is illustratedhere? a)Divisionalisation b) cost leader ship c)Differential d)Diversification 22 In the sketch of BCD matrix What is the level of the horizontal axis? (b) a)Market share b)Life cycle c)market growth d)supply demand 23.One of the following model is considered under CSR (a) a)Friedman model b)Porters c ) Mc Kinseys model d) Ansoffs model 24.Market penetration is based on _____________ (b) a) Diversification b) Cost reduction c) Differentiation d) High cost 25. ______________ involves dividing environmentr into sectors (d) a) SWOT b) TOWS c) WoTS OP d) ETOP 26. Seeks efficiency and copies best of competitors (a) a) Analyser b) defender c) Reactor d) Proactor 27. Value chain analysis is an effective tool for_____________ (B) a) External analysis b) Internal analysis c) SWOT analysis d) Strategic analysis 28. Money is invested by way of_______________ (a) a) Equity b) Credit c) Loans d)Liquidity 29. Environmental competitiveness tends to encourage ___________(a) a) Ethical behavior b) Unethical behavior c) Employee behavior d) Top management behavior 30. Strategy formulation is an _____ process (b) a) Interactional b) Intellectual c) Interpersonal d) Inventional 31. Competency model reveals one of the following capabilities___(b) a) Human skills b) Technical skills c) Problem solving skills d) Decision skills 32. The process of forecasting organizations future demands and supply ________________ a) Strategic planning b) Manpower planning c) Carrer planning d) Performance planning 33.Which of the following does not require for strategicmanagement?(d) a) Conceptual skills b) Human skills c) Intellectual skills d) Technical skills 34. Strategic Management is mainly the responsibility of_____ (a) a) Top management b) Operational management c) Middle management d) Functional management 35. Strategy implementation is______ forces during the action (b) 36. What a company wishes to became (or) aspires to be? (b) a) Vision b) Mission c) Company profile d) Strategic Intent

37. Which approach is provided for addressing key organizational issues? (a) a) Partnership b) Divestment c) Diversification d) Stable 38. Which of the following is not considered under International strategies? (a) a) Global strategy b) Tranational c) Interactional d) Multidomestic 39. ___________ denote the demand on a firm to minimize its unit costs (d) a) Cost structure b) Cost benefit c) Cost lender d) Cost pressures 40. Pressures for ___________ make a firm tailor its strategies to respond to nationallevel differences. (a) a) Local responsiveness b) Cost structure c) Cost Benefit d) Cost leadership 41. Firms adopt an _______ strategy when they create value by transferring products and services to foreign markets, where these products and services are not available (d) a) Multidomestic b) Global c) Transnational d) International 42. __________ strategies essentially involve the external approach to expansion. (a) a) Mergers & Acquisitions b) Joint ventures c) Strategic Alliances d) Consolation 43. If both organsations dissolve their identity to create a new organization, it is ___ (d) a) Acquisition b) Merger c) Joint venture d) Consolidation 4. _________ mergers take place when place when there is a combination of two (or) more organizations in the same business (b) a) Vertical b) Horizontal c) Integrated d) Concentric 45. ________ mergers takes place when there is a combination of two (or) more organizations, not necessarily in the same business (a) a) Vertical b) Horizontal c) Concentric d) Conglomerate 46. __________ mergers take place when place when there is a combination of two (or) more organizations unrelated to each other (d) a) Vertical b) Horizontal c) ncentric d) Conglomerate 47. The foreign partner in the JV can bring in_____________ (c) a) High-class innovation b) High-class combination c) High-class Technology d) High-class inspection 48. Two (or) more firms unite to pursue a set of agreed goals, but remain independent subsequent to the formation of _________ (b) a) M & Acqui b) SA c) JV d) corporate governance 9. Which of the following is not considered under SA? (d) a) Reducing manufacturing cost b) Entering new markets c) Developing technology d) Strategic evolution 50. Which of the following is not a type of SA? (d) a) competitive b) Pro-competitive c) Low competitive d) Post-competitive 51. _________ are partnerships that brings two rival forms in a cooperative arrangement under SA (c) Pre-competitive b) Pro-competitive c) Competitive d) Non-competitive 52. __________ is a difficult co-operative strategy to manage (a) a) SA b) JV c) M & A d) Amalgamation 53. Expansion strategy does not consider ______ (d) a) Concentration b) Co-operation c) Integration d) Innovation 54. _________- involves total (or) partial withdrawl of a firm (c) a) Stability b) Growth c) Retrenchment d) Combination 55. Combination does not consider _________(c) a) Simultaneous b) Sequential c) stable d) Simultaneous & Sequential 56. The _________ strategy followed when an organization adopts a mixture of all strategies (a)

a) combination b) retrenchment c) Stability d) Growth 57. ______ is followed when an organization aims at high growth (a) a) Expansion strategy b) Stability strategy c) Retrenchment strategy d) Divestment strategy 58. Increasing _________ may lead to more control over the market and also competitors (a) Size b) Fame c) Land d) Performance 59. Grand strategies are basically about ______ among the different businesses of a firm )a). Diversification b) Allocating resources c) Divestment d) Co-operation. 60. _________ involves converging resources in one (or) more of a firms businesses under expansion. (c) a) Co-operation b) Integration c) Concentration d) Diversification. 61._______ involves selling the more products to the same market by reducing cost (a a) Market penetration b) market expansion c) Market growth d) market share 62. _____ involves selling the same products to new markets (b) a) Market share b) market development c) Market penetration d) market growth 63. ________ involves selling new products to the same markets (c) a) Market development b) market penetration c) Product development d) market share 64. ___ integration means retreating to the source of raw materials (a) a) Backward b) forward c) vertical d) horizontal 65. _____ integration strategic firms purchase most of their requirements from other firms (d) a) Backward b) forward c) taper d) quasi 66. Diversification involves a ________ change in business (b) a) Subsequent b) substantial c) substitute d) subcontractors 67. _____ related concentric diversification is known as a similar type of product is offered with the help of unrelated technology (b) a) Technology b) market c) product d) economy 68. Related diversification is an ____ corporate strategy (c) a) Efficient b) effective c) attractive d) concentric 69. Excess capital means _______ (d) a) Property b) assets c) investments d) surplus 70. _______ strategies are adopted to minimize risk by spreading it over several businesses (d) a) Concentration b) integration c) cooperation d) diversification 71. Governmental ________ plays a greater role in diversification strategies (b) a) Procedures b) regulations c) firms d) departments 72. International trade and _________ have grown dramatically since the end of World War II (a) a) Investment b) development c) policies d) customs 73. _________ denotes the conversion of analogue electrical signals into digital signals (c) a) Computerization b) electronisation c) Digitization d) digitalization 74. _________ is defined as digital codling of information (d) a) digitization b) electronisation c) computerization d) digitalization 75. which of the following is not a stability strategy? (c) a) no change b) pause/proceed with caution c) market development d) profit 76. _______ concerns the managerial exercise of putting a freshly chosen strategy into place (a) a) strategy implementation b) strategy formulation c) strategy evaluation d) strategic control 77. strategies by themselves, do not lead to _______ (a) a) action b) reaction c) pre action d) pro action 78. which of the following characteristics is not considered under strategy implementation? (b) a) integrated process b) comprehensive plan c) wide ranging involvement d) demand varied skills 79. strategic implementation requires the involvement of ______ managers (b) a) operational b) middle-level c) top-level d) low-level 80. strategic implementation has to act in a _______ manner (a)

a) holistic b) required c) intellectual d) strategic 81. under BCG, hivh investment and low profit refers to ____ (b) a) cash cows b) dogs c) stars d) question marks 82. Balanced score card approach deals with ________ (a) a) strategic management b) performance management c) reward management d) inventory management 83. bench marking means comparison with ________ (a) a) competitors b) employees c) individual d) share holders 84. Corporate portfolio technique is evaluated during the mid ____ (d) a) 1970s b) 1990s c) 1980s d) 1960s 85. porters competitive strategies consists of _______ strategy (b) a) cost structure b) focused c) cost benefit d) derivation 86. divestment is followed by ________ (d) a) cows b) question marks c) stars d) dogs 87. which of the following is not considered under environmental scanning approaches? a) systematic b) process information c) adhoc d) analytical 88. ________ is the ext4ent to which customer perceive differences among products/services (d) a) Product differentiation b) product promotion c) Price variation d) product variation 89. _______ strategies is a core idea about how a firm can best compete in the market place (a) a) Generic b) grand c) expansion d) stability 90. Strategy is derived from a Greek word _______ (c) a) Strategize b) strategic c) strategia d) strategized 91. Under GE matrix ______ zone represents divestment and Liquidation (c) a) Yellow b) green c) red d) white 92. Total irresponsiveness of the company is known as ___ (b) a) Reactive b) inactive c) pre active d) pro active 93. Global strategy operates at ____ through standard products (a) a) Low cost /competitive prices b) low cost /high responsiveness c) Low responsiveness/high cost d) high responsiveness/low cost 94. ________ is the investigation of the objective factor being considers in the process of strategic choice (b) a) Strategic intent b) strategic analysis c) Strategic evaluation d) strategic control 95. Liquidation comes under _________ (d) a) Diversification b) turnaround c) expansion d) divestment 96. Which color indicates the organizational stability in GE Nine Cell matrix? (b) a) Green b) yellow c) blue d) red 97. Cash cows generate ________ (a) a) High cost b) low cost c) medium cost d) marginal cost 98. Environmental scanning is completed only when ________ takes place (a) a) Industry and competition analysis b) Industry and market analysis c) Market and environment analysis d) Environment and control analysis 99. which of the e following is not considered under corporate portfolio analysis? (c) a) BCG b) GE c) SWOT d) Mc lands 7s 100. which of the following is an uncontrollable factor of environment? (a) a) immediate b) remove c) remark d) intermediary