Corporate Strategy exam quiz with answer

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Corporate Strategy

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Q: Are the guidelines to decision making

1. Objectives

2. Goals

3. Policies

4. Decisions

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Q: In the activities are grouped according to functions of management such as finance, accounting, purchasing

1. product/ market structure

2. Line organistion

3. staff organisation

4. functional structure

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Q: Walls" ice cream purchase "Polka" in order to capture the market. Such kind of integration is called:

1. Forward Integration

2. Backward Integration

3. Horizontal Integration

4. Product Development

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Q: What can be defined as the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives

1. Strategy formulation

2. Strategy evaluation

3. Strategy implementation

4. Strategic management

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Q: Structural change often lags a change in strategy

1. Yes

2. No

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Q: Are you aware of Strategic Control? Can you explain

1. Yes

2. No

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Q: Do you know the reasons for the unsuccessful implementation of strategy

1. Yes

2. No

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Q: Can objectives be arranges in hierarchy

1. Yes

2. No

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Q: A hardware manufacture enters into software is an example of integration

1. Vertical (forward) integration

2. Vertical (backward) integration

3. Horizontal integration

4. Diversification

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Q: Make or buy decision is related with strategy

1. Vertical (forward) integration

2. Vertical (backward) integration

3. Horizontal integration

4. Diversification

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Q: In Porter's Generic Strategies model, a focus strategy involves:

1. Selling a limited range of products

2. Selling to a narrow customer segment

3. Selling to one region only

4. Selling simple products that are cheap to produce

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Q: TQM is a strategy that is designed to change the quality of a product to satisfy customer needs by using the concept of

1. reverse brainstorming

2. brainstorming

3. product life cycle analysis

4. benchmarking

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Q: Disney is in the business of:

1. Building theme parks

2. Designing new imaginative characters

3. Making money

4. Creating entertainment, fun and fantasy

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Q: Competitive rivalry will be high if:

1. There are a few strong players in the industry

2. There is a high degree of differentiation

3. The industry is in its infancy

4. The industry is fragmented

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Q: Which matrix illustrates the relationship between current and new markets and products

1. Abell's

2. Ansoff's

3. Porter's

4. Hamel's

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Q: Penetration comes under

1. Intensive growth

2. Integrative Growth

3. Diversification Growth

4. Cumulative Growth

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Q: How many primary activities are present in a value chain

1. 5

2. 6

3. 7

4. 8

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Q: Mission statement tells about

1. Business

2. Leadership

3. Competition

4. Environment

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Q: Reliance getting loans at lower rates of interest will come under their Financial:

1. Capabilities

2. Management

3. Leverage

4. Strength

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Q: Who gave Generic Strategy concept

1. Porter

2. Glueck

3. Abell

4. Ansoff

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FAQ Corporate Strategy exam quiz

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Corporate Strategy exam quiz with answer

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