Advanced Strategic Management MCQ Online Quiz for exam and assignments 2022

Advanced Strategic Management MCQ Online Quiz for exam and live assignments. Its huge database from online multiple choice question and very useful for all type online assignment as well as exam.

Search Question from huge online question bank and get answers from home pages. OMCQ is a portal where online MCQs test with answers.

Advanced Strategic Management

1 / 40

1. Q: The various organizational routines and processes that determine how efficiently and effectively the organization transforms its inputs into outputs are called:

A. strengths.

B. core competencies.

C. capabilities.

D. customer value.

2 / 40

2. Q: It refers to formal and informal rules, regulations and procedures That complement the company structure

A. Strategy

B. Systems

C. Environment

D. All of the above

3 / 40

3. Q: Which of the following resources is used by all organizations to achieve Desired objectives?

A. Financial resources,

B. Physical resources

C. Human resources

D. All of the mentioned options

4 / 40

4. Q: In PEST analysis, "T" stands for___

A. Tactical factors

B. Threat factors

C. Task factors

D. Technological factors

5 / 40

5. Q: Which of the following is not a basic determinant of Competitive advantage?

A. Target market

B. Competition

C. USP

D. None of the above.

6 / 40

6. Q: The central purpose of strategic evaluation is___

A. Evaluate effectiveness of strategy to achieve organisational objectives

B. Evaluate effectiveness of control system to measure achievements.

C. Evaluate effectiveness of strategies to be implemented efficiently.

D. Evaluate effectiveness of the strategy implementation process.

7 / 40

7. Q: According to the five factors model, an attractive industry would have all of the following characteristics EXCEPT:

A. low barriers to entry.

B. suppliers with low bargaining power.

C. a moderate degree of rivalry among competitors.

D. few good products substitute.

8 / 40

8. Q: An integrated and coordinated set of commitments and actions designed to exploit Core competencies and gain a competitive advantage in a specific product market is a definition of:

A. business strategy.

B. core competencies.

C. sustained competitive advantage.

D. strategic mission.

9 / 40

9. Q: Which of the following is/are component/s of 'Four Corner Analysis'?

A. future goals

B. current strategy

C. assumptions

D. All of these

10 / 40

10. Q: Strategy-formulation concepts and tools

A. Do not differ greatly for different size and type of organizations

B. Differ greatly for different size and type of organizations

C. Do not differ greatly for profit or non-profit organizations but differ in small and large organizations

D. None of the mentioned options

11 / 40

11. Q: is not part of an external audit.

A. Analysing competitors

B. Analysing financial ratios

C. Analysing available technologies

D. Studying the political environment

12 / 40

12. Q: Organizing means an identifiable group of people contributing their efforts towards the attainment of same goal. It is important at the time of:

A. Environmental scanning

B. Strategy formulation

C. Strategy Implementation

D. Strategy evaluation

13 / 40

13. Q: An analysis of the economic segment of the external environment would include all of the following EXCEPT:

A. interest rates.

B. international trade.

C. the strength of the U.S. dollar.

D. the move toward a contingent workforce.

14 / 40

14. Q: Three C's affecting today's companies are

A. Customer, Competition, Change

B. Cost, Competition, Change

C. Customer, Competition, Cost

D. Customer, Cost, Change

15 / 40

15. Q: Which of these is the cornerstone of effective strategy evaluation?

A. Adequate and timely feedback

B. Quality and quantity of managers

C. Smaller ratio of top- to lower-level management

D. Evaluation preceding implementation stage

16 / 40

16. Q: A firm's mission:

A. is a statement of a firm's business in which it intends to compete and the customers which it intends to serve.

B. is an internally-focused affirmation of the organization's financial, social, and ethical goals.

C. is mainly intended to emotionally inspire Employees and other stakeholders.

D. is developed by a firm before the firm develops its vision.

17 / 40

17. Q: Market research is conducted by

A. By employees

B. By research agencies

C. By consultants

D. All of the above

18 / 40

18. Q: The word "strategy" is derived from the Greek word "___"

A. Strategos

B. Stratum

C. Strategy

D. All of these

19 / 40

19. Q: 'Four Corner Analysis model' is developed by

A. Robert S Kaplan

B. Peter F Drucker

C. C K Prahalad

D. Michael Porter

20 / 40

20. Q: Opportunities to achieve further growth within current businesses are:

A. Intensive Opportunities

B. Integrative Opportunities

C. Diversification Opportunities

D. None of the above

21 / 40

21. Q: Strategic-management audit is known as:

A. Environmental scanning

B. Strategy formulation

C. Strategy control

D. Strategy evaluation

22 / 40

22. Q: A strategy is a company's

A. Value statement

B. Pricing policy

C. Game Plan to outsmart competitor

D. Long-term objective

23 / 40

23. Q: It directs at developing new products before competitors do at improving product quality or at improving manufacturing processes to reduce costs.

A. Marketing

B. Opportunity analysis

C. Research and development

D. Management

24 / 40

24. Q: An organisation's strategy:

A. remains set in place longer than the mission and objectives

B. generally, forms over a period of time as events unfold

C. tends to be formed at the same time the mission is developed and objectives are formulated

D. is usually conceived at a single time when managers sit down and work out a comprehensive strategic plan for the next 3-5 years

25 / 40

25. Q: Strategies such as diversification, penetration and market development are part of

A. extensive growth

B. intensive growth

C. integrative growth

D. disintegrative growth

26 / 40

26. Q: ___can also be defined as "a general direction set for the company and Its various components to achieve a desired state in the future.

A. Goal

B. Objectives

C. Mission

D. Strategy

27 / 40

27. Q: In PEST analysis, "P" stands for___

A. Profitability factors

B. Productivity factors

C. Political factors

D. Pricing factors

28 / 40

28. Q: Market development strategy focuses on

A. Current products and new markets

B. Current products and current markets

C. New products and current markets

D. New products and new markets

29 / 40

29. Q: Strategic issues require which level of management decisions?

A. Operative

B. Top

C. Front-line

D. Middle

30 / 40

30. Q: The primary focus of strategic management is:

A. strategic analysis

B. the total organisation

C. strategy formulation

D. strategy implementation.

31 / 40

31. Q: 'Diversification strategy' is used to gain market share in

A. current product in current market

B. new products for new markets

C. new products in new market

D. new products in current markets

32 / 40

32. Q: Which of the following defines what business or businesses the firm is in or should be in

A. Business strategy

B. Corporate strategy

C. Functional strategy

D. National strategy

33 / 40

33. Q: Typically, how many strategic decision levels are in the corporate decision-makinghierarchy?

A. 3

B. 4

C. could be more than 5

D. 2

34 / 40

34. Q: They have time-based utility

A. Goals

B. Resources

C. both 'A' and 'B'

D. None of the above

35 / 40

35. Q: External assessment is performed in which of the strategic management phase?

A. Strategy formulation stage

B. Strategy implementation stage

C. Strategy evaluation stage

D. All of the given options

36 / 40

36. Q: The three main organizational levels are:

A. corporate level, business level, functional level

B. corporate level, business unit level, functional level

C. corporate strategy level, business unit level, functional level

D. corporate strategy level, business level, specialist level

37 / 40

37. Q: Harvest strategy is used for

A. Dogs

B. Question marks

C. Cash cow

D. both 'A' and 'B'

38 / 40

38. Q: ___strategy defines the day to day actions need to deliver the corporate and business strategies.

A. Core strategy

B. Operational Strategy

C. Corporate strategy

D. Functional strategy

39 / 40

39. Q: Which of the following is/are not an element/s of strategic management Process?

A. Scanning

B. Formulation

C. Implementation

D. None of these

40 / 40

40. Q: The strategic management Process is

A. a set of activities that will assure a temporary advantage and average returns for the firm.

B. a decision-making activity concerned with a firm's internal resources, capabilities, and competencies, independent of the conditions in its external environment.

C. a Process directed by top-management with input from other stakeholders that seeks to achieve above-average returns for investors through effective use of the organization's resources.

D. the full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness.

Insert details

Insert correct name and email. We never spam or sale your data.

Your score is

The average score is 0%

FAQ Advanced Strategic Management MCQ

Q1: How do I take the MCQ test online?

Answer: Simply go in respective subject online quiz, click on Start button and choose correct answer one-by-one. After final the quiz, you have to insert Name and valid email id for result and view correct/incorrect answers. We never spam our visitor/customer, so you can trust and insert your valid email.

Q2: How can I get a free MCQ test online?

Answer: OMCQ.in is FREE MCQ online Test portal and you can give online quiz test for try your knolwedge. Its all about academic quiz portal for different subjects.

Q3: What are multiple-choice questions?

Answer: A multiple-choice questions (MCQs) is composed of two parts: a stem that identifies the question or problem, and a set of alternatives or most appropriate answers that contain a key that is the best answer to the question, and a number of distractors that are plausible but incorrect answers to the question.

Also Try these subjects quiz

Advance Marketing Management
Advanced Management Accounting
Advanced Strategic Management
Basics of Database Management System
Business Relationship Management
Consumer Behavior
Corporate Governance and Business Ethics
Cost Management
Digital Business

Advanced Strategic Management MCQ Online Quiz

Insert details

FAQ Advanced Strategic Management MCQ

Also Try these subjects quiz

Submit a Comment Cancel reply

Recent Posts

Recent Comments

Archives

Categories