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190+ Strategic Tourism Management and Entrepreneurial Development Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Tourism Studies (BTS) .

51.

Strategic management includes _____________________

A. Accounting
B. Product and services
C. Demand
D. Strategic planning
E. Price
Answer» D. Strategic planning
52.

Strategic implementation is concerned with making decisions with regard to

A. Developing an organizational structure to achieve the strategy
B. Recording the financial transactions
C. Keeping the records
D. Recording the data
E. None of these
Answer» A. Developing an organizational structure to achieve the strategy
53.

Strategic management is based on _______________________

A. Corporate objectives
B. Financial planning
C. Cost
D. Product
E. Profit
Answer» A. Corporate objectives
54.

Strategic management includes ________________

A. Organizational mission
B. Organizational objectives
C. Organizational strategies
D. All of the above
E. None of these
Answer» D. All of the above
55.

The concept of strategy is _________________________________

A. Ancient
B. Old
C. Modern
D. All of these
E. None of these
Answer» A. Ancient
56.

“Strategy as a pattern in streams of decisions and actions” who said?

A. Shirley peters and Ansary
B. Michael porter
C. Henry mintzberg
D. Yavitz
E. Newman
Answer» C. Henry mintzberg
57.

A strategy is a set of decision making rules which guides and links the human and other resources of an organization and with the challenges and risk posed by

A. Outside world
B. Customer
C. Suppliers
D. Product
E. Service
Answer» A. Outside world
58.

“Strategy is the pattern of objectives, purpose or goals and major policies and plans for achieving these goals, stated in such a way, so as to define what business the company is in or to be and the kind of company it is or is to be “ who said

A. Michael porter
B. Shirley peters and Ansary
C. Andrews
D. Jauch and glueck
E. All of these
Answer» C. Andrews
59.

What is the correct statement about strategy?

A. A strategy is the means used to achieve ends
B. Strategy is concerned with matching external opportunities with corporate resources at acceptable levels of profit and risks
C. Strategy is the pattern of an organizations response to its environment overtime
D. A strategy for a firm is a long run plan
E. All of these
Answer» E. All of these
60.

Policy includes _______________________

A. Positioning
B. Operational control
C. Growth
D. Financing
E. All of these
Answer» E. All of these
61.

Corporate level strategy is formulated by ___________________-

A. Lower management
B. Top management
C. Customer
D. Bankers
E. None of these
Answer» B. Top management
62.

Functional level strategy involves decision making at the operational level with respect to specific functional areas like

A. Production
B. Marketing
C. Personnel
D. Finance
E. All of these
Answer» E. All of these
63.

Strategy intent includes _______________________

A. Vision
B. Mission
C. Objectives
D. All of these
E. None of these
Answer» D. All of these
64.

SWOT analysis includes _______________________

A. Corporate strategy
B. Business level strategy
C. Functional strategy
D. Strategic plan
E. All of these
Answer» E. All of these
65.

Strategic management begins with ____________________

A. A mission
B. A plan or planning
C. Product
D. Building
E. Employees
Answer» A. A mission
66.

“Mission is the fundamental work given by the society to an organization” who said?

A. Koontz and O’Donnell
B. Thompson
C. Daulton E Mc Fatland
D. All of these
E. None of these
Answer» A. Koontz and O’Donnell
67.

A missions aim should always to high but it should not be improper and ____________

A. Practical
B. Clear
C. Significant
D. Impractical
E. None of these
Answer» D. Impractical
68.

A mission includes ________________________

A. Distinctive from the firm
B. Precise
C. Feasible
D. Motivating
E. All of these
Answer» E. All of these
69.

The process of strategy management starts with ____________________

A. Determination of product
B. Determination of price
C. Determination of mission
D. Firm
E. Profit
Answer» C. Determination of mission
70.

“The goal is the necessary equipment for conducting of professional units in important fields , the flight of management will be aimless without this because there will neither be any signs nor any early familiar way to know the way” who said

A. Koontz and O’Donnell
B. Pearce and robinson
C. Thompson
D. Peter F Drucker
E. All of these
Answer» D. Peter F Drucker
71.

The goal includes ________________

A. Accepted
B. Challenge
C. Feedback
D. All of these
E. None of these
Answer» D. All of these
72.

Individual goal is a _________________________

A. Personal goal of an organization member
B. Productive goal
C. Co-operative goal
D. Joint goal
E. Profit
Answer» A. Personal goal of an organization member
73.

Objectives are _______________________________

A. Pioneering description of an organizations actions
B. Description of expected actions and results not real results
C. Related to future
D. Action plans or action-orientations or action commitment of an organization purpose
E. All of these
Answer» E. All of these
74.

Objectives should be __________________

A. Measurable
B. Defined in quantitative form
C. Practical
D. Realistic
E. All of these
Answer» E. All of these
75.

Strategy is designed or formulated on the basis of ______________________

A. Product
B. Profit
C. Budget
D. Goals
E. Action
Answer» D. Goals
76.

Strategic management includes __________________

A. Vision
B. Mission
C. Objectives
D. Strategy
E. All of these
Answer» E. All of these
77.

________________thus reflects managerial choices and directions among alternatives and provides the answer of how to achieve the targeted results in the light of organization’s mission and prospects

A. A vision
B. A mission
C. A strategy
D. A goal
E. An objective
Answer» C. A strategy
78.

The strategic advantages of a small business firm are ___________________

A. Mobility
B. Unanimity
C. Innovative potential
D. Size of investment
E. All of these
Answer» E. All of these
79.

The corporate level management help each strategic business unit ot define its __________________

A. Goal of ifrm
B. Goal of production
C. Goal of nature
D. Scope of operation
E. Profit
Answer» D. Scope of operation
80.

The _________________________is given the authority to make its own strategic decision within corporate guidelines as long as it meets corporate activities

A. Strategic business unit
B. Information centre
C. Corporate level
D. Corporate goal
E. Cost
Answer» A. Strategic business unit
81.

Which is an alternatives objective of SBUs as per Kotler?

A. Build
B. Hold
C. Harvest
D. Divest
E. All of these
Answer» E. All of these
82.

Business is affected by technological environment to a large extent because it affect the ________________________

A. Fund of a firm
B. Profit of a firm
C. Product of the firm
D. Operations of the company
E. Profit
Answer» D. Operations of the company
83.

SWOT analysis includes _________________________

A. Strengths
B. Opportunities
C. Threats
D. Weakness
E. Al of the above
Answer» E. Al of the above
84.

The _______________________analysis is a tool of environment analysis

A. SWOT
B. EOQ
C. PLC
D. DATA
E. RAM
Answer» A. SWOT
85.

Internal environment of an organization includes _______________________

A. Market value
B. Exchange price
C. Political system
D. Weaknesses
E. International laws
Answer» E. International laws
86.

Opportunities are _____________________________

A. Global market
B. Cost advantage
C. Lack of govt regulation
D. All of these
E. None of these
Answer» D. All of these
87.

Strength includes ______________________________

A. Low cost of production
B. Better product quality
C. Product innovation skills
D. All of these
E. None of these
Answer» D. All of these
88.

Weaknesses include _________________

A. Lack of external relationships
B. Low skilled personnel
C. Inadequate use of production capacity
D. No patent right
E. All of these
Answer» E. All of these
89.

Strength cover ____________________

A. Highly skilled personnel
B. Advantages of tax concessions
C. Effective sales force
D. All of these
E. None of these
Answer» D. All of these
90.

Weakness are ___________________

A. Defective marketing
B. High capital cost
C. No patent right
D. Ineffective inventory control system
E. All of these
Answer» E. All of these
91.

Strategy is related with _____________________

A. Choice and operation of road
B. Fund
C. Cost
D. Profit and management
E. Choice and direction of an organization
Answer» E. Choice and direction of an organization
92.

Which is the basic mode of strategic thinking

A. Intuition mode
B. The entrepreneurial mode
C. The adaptive mode
D. Integrated mode
E. All of these
Answer» E. All of these
93.

Which is the component of retrenchment strategy?

A. Turnaround strategy
B. Divestment strategy
C. Liquidation strategy
D. All of these
E. None of these
Answer» D. All of these
94.

Which is the issue of strategy implementation?

A. Project implementation
B. Procedural implementation
C. Organizational structure
D. Entrepreneurial structure
E. All of these
Answer» E. All of these
95.

Strength and weakness analysis includes _____________________

A. Identifying strength and weakness
B. Strategic cost analysis
C. Distinctive competencies
D. Strategic cost analysis
E. All of these
Answer» E. All of these
96.

SWOT analysis should appraise a firms _________________________________

A. Strengths
B. Weaknesses
C. Opportunities
D. Threats
E. All of these
Answer» E. All of these
97.

Which is the stage of strategic management?

A. Strategic formulation
B. Strategy implementation
C. Strategy evaluation
D. All of these
E. None of these
Answer» D. All of these
98.

Concept of entrepreneurship includes ________________________

A. Risk bearing capacity
B. A function of organization and coordination
C. Managerial skill
D. Innovation ability
E. All of these
Answer» E. All of these
99.

Which is the part of concept of entrepreneurship?

A. Group level reaction
B. Organization building
C. High achievement capacity
D. All of these
E. None of these
Answer» D. All of these
100.

Entrepreneurship includes ___________________________

A. Risk
B. Innovation
C. Ability of organization construction
D. Leadership
E. All of these
Answer» E. All of these

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