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Download Calicut University M.Com Latest 2020 Strategic Management and Corporate Governance Question Bank

Download UOC (University of Calicut) M.Com (Master of Commerce) Strategic Management and Corporate Governance Question Bank (Important Questions)

This post was last modified on 26 December 2019

This download link is referred from the post: Calicut University 2020 Important Questions (Question Bank) || (University of Calicut)


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STRATEGIC MANAGEMENT AND CORPORATE GOVERNANCE

  1. Horizontal integration is concerned with
    1. Production
    2. --- Content provided by FirstRanker.com ---

    3. Quality
    4. Product planning
    5. All of the above
  2. It refers to formal and informal rules, regulations and procedures that complement the company structure
    1. Strategy
    2. --- Content provided by FirstRanker.com ---

    3. Systems
    4. Environment
    5. All of the above
  3. Micro environment is the ________ environment of a company.
    1. Working
    2. --- Content provided by FirstRanker.com ---

    3. Human
    4. External
    5. Internal
  4. Techniques used in environmental appraisal are
    1. Single-variable extrapolation/multivariable interaction analysis
    2. --- Content provided by FirstRanker.com ---

    3. Structured/ unstructured expert/inexpert opinion
    4. Dynamic modes and mapping
    5. All of the above
  5. The actual performance deviates positively over the budgeted performance. This is an indication of ________ performance.
    1. Superior
    2. --- Content provided by FirstRanker.com ---

    3. Inferior
    4. Constant
    5. Any of the above
  6. Criteria for making an evaluation is (are)
    1. Consistency with goals
    2. --- Content provided by FirstRanker.com ---

    3. Consistency with environment
    4. Money
    5. All of the above
  7. The ________ of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
    1. System
    2. --- Content provided by FirstRanker.com ---

    3. Environment
    4. Structure
    5. Strategy
  8. Strategic management is mainly the responsibility of
    1. Lower management
    2. --- Content provided by FirstRanker.com ---

    3. Middle management
    4. Top management
    5. All of the above
  9. The major issue(s) of appraisal system is (are)
    1. Factors of appraisal
    2. --- Content provided by FirstRanker.com ---

    3. Relevance of appraisal
    4. Procedure of appraisal
    5. All of the above
  10. Formal systems are adopted to bring ________ & amalgamation of decentralized units into product groups.
    1. Manpower
    2. --- Content provided by FirstRanker.com ---

    3. Co-ordination
    4. Production
    5. All of the above
  11. Market research is conducted by
    1. By employees
    2. --- Content provided by FirstRanker.com ---

    3. By research agencies
    4. By consultants
    5. All of the above
  12. Vertical integration is concerned with
    1. Supply chain
    2. --- Content provided by FirstRanker.com ---

    3. Production
    4. Quality
    5. Planning
  13. ETOP stands for ________.
    1. Environmental threat & opportunity project
    2. --- Content provided by FirstRanker.com ---

    3. Environmental threat & opportunity profile
    4. Environmental treaty & opportunity profile
    5. Environmental threat & optimum profile
  14. The control process requires the following types of information
    1. Planned performance
    2. --- Content provided by FirstRanker.com ---

    3. Variances
    4. Reasons
    5. All of the above
  15. Financial environment is concerned with
    1. Demand & supply of money
    2. --- Content provided by FirstRanker.com ---

    3. Capital markets
    4. Both 'A' and 'B'
    5. None of the above
  16. The process of forecasting an organization's future demands for and supply of right type of people in right number is
    1. Product planning
    2. --- Content provided by FirstRanker.com ---

    3. Process planning
    4. Man power planning
    5. All of the above
  17. It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm's strategy
    1. Strategic surveillance
    2. --- Content provided by FirstRanker.com ---

    3. Strategic planning
    4. Both 'A' and 'B'
    5. None of the above
  18. Harvest strategy is used for
    1. Dogs
    2. --- Content provided by FirstRanker.com ---

    3. Question marks
    4. Both 'A' and 'B'
    5. None of the above
  19. These are critical situations that occur unexpectedly and threaten the course of a firm's strategy
    1. Crisis
    2. --- Content provided by FirstRanker.com ---

    3. Emergency
    4. Shutdown
    5. All of the above
  20. Attack strategies are
    1. Frontal attack
    2. --- Content provided by FirstRanker.com ---

    3. Flank attack
    4. Encirclement attack
    5. All of the above
  21. An approach that strives to follow ethical principles and percepts is
    1. Moral management
    2. --- Content provided by FirstRanker.com ---

    3. Immoral management
    4. Amoral management
    5. None of the above
  22. Niche marketing means
    1. End user specialist
    2. --- Content provided by FirstRanker.com ---

    3. Specific customer specialist
    4. Geographic specialist
    5. All of the above
  23. Type(s) important managerial skill(s) required for the effective strategic management
    1. Conceptual skill
    2. --- Content provided by FirstRanker.com ---

    3. Human skill
    4. Intellectual skill
    5. All of the above
  24. The model(s) of social responsibility is (are)
    1. Austere Model
    2. --- Content provided by FirstRanker.com ---

    3. Vendors Model
    4. Civic Model
    5. All of the above
  25. Delay in ________ measurement defeats the purpose of evaluation.
    1. Time
    2. --- Content provided by FirstRanker.com ---

    3. Quality
    4. Production
    5. All of the above
  26. Module of Flotilla strikes an optimum balance of ________ and flexibility
    1. Optimisation
    2. --- Content provided by FirstRanker.com ---

    3. Standardisation
    4. Organization
    5. All of the above
  27. The ________ are distinct little business set up as units in a larger company.
    1. Small business Units
    2. --- Content provided by FirstRanker.com ---

    3. Strategic business Units
    4. Internal business Units
    5. All of the above
  28. Knowledge of the relationships between choices, environment & outcomes is
    1. Familiarity
    2. --- Content provided by FirstRanker.com ---

    3. Conversancy
    4. Informality
    5. Normality
  29. ________ should have the ability to develop a vision to see patterns into the future.
    1. Leaders
    2. --- Content provided by FirstRanker.com ---

    3. Managers
    4. Management
    5. Workers
  30. Product differentiation refers to the:
    1. ability of the buyers of a product to negotiate a lower price.
    2. --- Content provided by FirstRanker.com ---

    3. response of incumbent firms to new entrants.
    4. belief by customers that a product is unique.
    5. fact that as more of a product is produced the cheaper it becomes per unit.
  31. Which of the following is NOT an entry barrier to an industry?
    1. expected competitor retaliation
    2. --- Content provided by FirstRanker.com ---

    3. economies of scale
    4. customer product loyalty
    5. bargaining power of suppliers
  32. Switching costs refer to the:
    1. cost to a producer to exchange equipment in a facility when new technologies emerge.
    2. --- Content provided by FirstRanker.com ---

    3. cost of changing the firm's strategic group.
    4. one-time costs suppliers incur when selling to a different customer.
    5. one-time costs customers incur when buying from a different supplier.
  33. The framework for establishing good corporate governance and accountability was originally set up by the
    1. Thornton Committee
    2. --- Content provided by FirstRanker.com ---

    3. Rowntree Committee
    4. Nestlé Committee
    5. Cadbury Committee
  34. Which of the following is not one the underlying principles of the corporate governance
    1. accountability
    2. --- Content provided by FirstRanker.com ---

    3. acceptability
    4. openness
    5. integrity
  35. In a two-tier structure of corporate governance:
    1. Members of the supervisory board are appointed by the executive board.
    2. --- Content provided by FirstRanker.com ---

    3. The chair of the non-executive board is also chair of the executive board.
    4. CEO and chair of the board are split.
    5. Non-executives are responsible for the day-to-day operations.
  36. Which of the following is not a responsibility of audit committees?
    1. Reviewing corporate reporting processes.
    2. --- Content provided by FirstRanker.com ---

    3. Management compensation.
    4. Relations with the independent auditor.
    5. Monitoring management.
  37. Benchmarking is
    1. Historical analysis
    2. --- Content provided by FirstRanker.com ---

    3. Competitive analysis
    4. Re-engineering
    5. All of the above
  38. Macro environment
    1. Political- legal
    2. --- Content provided by FirstRanker.com ---

    3. socio-cultural
    4. economic-demographic
    5. All of the above
  39. A major part of strategy implementation is
    1. Planning
    2. --- Content provided by FirstRanker.com ---

    3. Communication
    4. Resource allocation
    5. Monitoring
  40. These people are charged with the responsibility of continuous screening of performance?
    1. Managers
    2. --- Content provided by FirstRanker.com ---

    3. Supervisors
    4. Top management
    5. Audit committee
  41. ________ and greater accountability replace formal control.
    1. Self-discipline
    2. --- Content provided by FirstRanker.com ---

    3. Self appraisal
    4. both 'A' and 'B'
    5. None of the above
  42. ............... function applies to all company levels irrespective of levels of hierarchy.
    1. Planning
    2. --- Content provided by FirstRanker.com ---

    3. Organizing
    4. Staffing
    5. Directing
  43. Three C's affecting today's companies are
    1. Customer, Competition, Change
    2. --- Content provided by FirstRanker.com ---

    3. Cost, Competition, Change
    4. Customer, Competition, Cost
    5. Customer, Cost, Change
  44. Strategic management is concerned with
    1. Short range planning
    2. --- Content provided by FirstRanker.com ---

    3. Long range planning
    4. Both 'A' and 'B'
    5. None of the above
  45. It provides a way to bring in the people dimension in macro company analysis without using psychological models of human behaviour.
    1. Environment
    2. --- Content provided by FirstRanker.com ---

    3. Society
    4. Culture
    5. All of the above
  46. It is used extensively in organisation and is concerned with action or performance.
    1. Operational control
    2. --- Content provided by FirstRanker.com ---

    3. Production control
    4. Quality control
    5. All of the above
  47. Companies employ trained ________ to develop "competency models" to identify potential leaders.
    1. Consultants
    2. --- Content provided by FirstRanker.com ---

    3. Psychologists
    4. Trainers
    5. All of the above
  48. Style of a company are the patterns of actions taken by members of ________ management over a period of time
    1. Top
    2. --- Content provided by FirstRanker.com ---

    3. Middle
    4. Lower
    5. Any of the above
  49. It concentrates on organisation design and work flow
    1. Systems approach
    2. --- Content provided by FirstRanker.com ---

    3. Flotilla
    4. Method study
    5. Work study
  50. The benefits of a change in process are defined in terms of ________ cost savings
    1. Labour
    2. --- Content provided by FirstRanker.com ---

    3. Infrastructure
    4. Production
    5. Raw material
  51. According to the five factors model, an attractive industry would have all of the following characteristics EXCEPT:
    1. low barriers to entry.
    2. --- Content provided by FirstRanker.com ---

    3. suppliers with low bargaining power.
    4. a moderate degree of rivalry among competitors.
    5. few good product substitutes.
  52. Internal analysis enables a firm to determine what the firm
    1. can do.
    2. --- Content provided by FirstRanker.com ---

    3. should do.
    4. will do.
    5. might do.
  53. To be a core competency, a capability must satisfy all of the following criteria EXCEPT:
    1. be technologically innovative.
    2. --- Content provided by FirstRanker.com ---

    3. be hard for competing firms to duplicate.
    4. be without good substitutes.
    5. be valuable to customers.
  54. BCG in BCG matrix stands for
    1. Boston Calmette Group
    2. --- Content provided by FirstRanker.com ---

    3. British Consulting Group
    4. Boston Corporate Group
    5. Boston Consulting Group
  55. What does Dog symbolise in BCG matrix
    1. introduction
    2. --- Content provided by FirstRanker.com ---

    3. growth
    4. maturity
    5. decline
  56. The GE 9 Cell model is based on
    1. industry attractiveness and business strength
    2. --- Content provided by FirstRanker.com ---

    3. industry growth rate and business strength
    4. industry attractiveness and relative market share
    5. industry growth rate and relative market share
  57. The word tactic is most likely to be associated with
    1. business strategy
    2. --- Content provided by FirstRanker.com ---

    3. corporate strategy
    4. operational strategy
    5. none
  58. A whistleblower procedure should be implemented:
    1. For receipt, retention and treatment of complaints received by the company regarding accounting, internal controls or auditing matters.
    2. --- Content provided by FirstRanker.com ---

    3. As a tool of public relations
    4. To support the internal audit department.
    5. As a tool of management.
  59. The goal of corporate governance and business ethics education is to
    1. Teach students their professional accountability and to uphold their personal Integrity to society.
    2. --- Content provided by FirstRanker.com ---

    3. Change the way in which ethics is taught to students.
    4. Create more ethics standards by which corporate professionals must operate.
    5. Increase the workload for accounting students.
  60. The corporate governance structure of a company reflects the individual companies'
    1. Cultural and economic system.
    2. --- Content provided by FirstRanker.com ---

    3. Legal and business system.
    4. Social and regulatory system.
    5. All of the above.

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This download link is referred from the post: Calicut University 2020 Important Questions (Question Bank) || (University of Calicut)

--- Content provided by FirstRanker.com ---