McqMate
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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