Corporate Policies exam quiz with answer

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Corporate Policies

1 / 20

Q: Special process requires pre-qualification of the process capability

1. True

2. False

2 / 20

Q: Samuel Ho is famous for

1. PDCA cycle

2. BPR

3. TQMEX model

4. Benchmarking

3 / 20

Q: Warranty claims is

1. External failure cost

2. Internal failure cost

3. Appraisal cost

4. Prevention cost

4 / 20

Q: Cost incurred on quality audit is

1. Prevention cost

2. Internal failure cost

3. Appraisal cost

4. External failure cost

5 / 20

Q: PAF model of quality costs is the contribution of

1. Deming

2. Juran

3. Crosby

4. Garvin

6 / 20

Q: Quality as understood in TQM context means

1. Fitness for use

2. Adherence to specification

3. Zero defect manufacturing

4. Meeting or exceeding customer needs and expectations

7 / 20

Q: The 'operation' ace to value chain in a passenger airline service would be:

1. Getting passengers and baggage from A to B by means of flying in an aircraft

2. The design of the price structure and yield plan

3. Selling the tickets to passengers

4. The manufacture of the aircraft

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Q: The first functional areas to be heavily outsourced were

1. R & D and customer service

2. Customer services and information systems,

3. Finance and manufacturing

4. Manufacturing and marketing

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Q: Strategic planning is often distinguished from operational planning by the

1. number of executives involved in the formulation

2. complexity of the planning forms

3. use of outside consultants

4. length of time in the planning period

10 / 20

Q: Railroads may have let other forms of transportation take business away from them because their vision included only the railroad business, rather than the broader vision of

1. transportation

2. wholesaling

3. entertainment

4. aerospace

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Q: Once an organization has determined how each of its business units should be labeled in terms of the BCG portfolio analysis, it is time to decide what strategy should be used with each. Which of the following is NOT one of the strategies available for use with each SBU?

1. Build

2. Harvest

3. Divest

4. Milk

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Q: A firm can acknowledge the critical importance of its..., by having explicit goals that state its intention to improve work conditions by adding more lighting and providing the workers with more and better safety equipment. (a)

1. Employee welfare

2. market share

3. Sales revenue

4. satisfaction

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Q: The price of a product is determined by-

1. producer

2. consumer

3. retailer

4. competitor

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Q: A leader ensures effective and smooth implementation of strategy by overcoming-

1. Line and staff conflict

2. Barr iers to communication

3. Commun al tension

4. Resistance to change

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Q: The PLC curve exhibits the relationship of sales with respect to one as the product passes through

1. Introductory stage

3. Declining stage

2. Growth stage

4. All stages

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Q: Merger and acquisition strategies basically involve

1. internal dimension of expansion

2. backward integration

3. external dimension

4. forward dimension

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Q: Business form of SWOT analysis to assess the

1. internal environment

3. national environment

2. international environment

4. internal and external environment

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Q: The definition of strategy as a "unified, comprehensive and integrated plan designed to assure that the basic objectives of the firm are achieved" was given by

1. Igor Ansoff

2. Alfred Chandler

3. William F. Glueck

4. Kenneth Andrews

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Q: Contingency planning comes into operation due to changes in a firm's

1. organisational set-up

2. external environment

3. board of directors

4. CEO's dismissal

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Q: The term long range planning, corporate planning and - are used synonymously

1. contingency planning

2. strategic planning

3. short term planning

4. project planning

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FAQ Corporate Policies exam quiz

Q1: Is this free online quiz for Corporate Policies?

Answer: Yes! you can test your skills and its 100% free to give test from Corporate Policies subjects. You can study from question bank on home pages and search from entire question bank.

Q2: How many question in this online quiz for Corporate Policies multiple choice question?

Answer: There are 20s multiple choice question from question bank of Corporate Policies. Every time question will swap from online question bank. So you can test your knowledge and check percentages of correct/incorrect along-with answers.

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Corporate Policies exam quiz with answer

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