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)

STRATEGIC
MANAGBMENT
AND
CORPORATE
GOVERNANCE
l. Horizontal
integration
is concerned
with
(A)
production
(B)
Quarity
(c)
produ*
pranning
(D)
AIr of the
above
2. It refers
to formar
and informar
rures,
regurations
and procedures
that complement
the company
structure
(A)
srrategy (B)
systems
(c)
Environment
(D)
All of the above
3. Micro
environment
is the..........
environment
of a company.
(A)
Working
(B)
Human (C)
External (D)
Intemal
4. Techniques
used in environmental
appraisal
are
(A)single-variable
extrapolation/mu
ltivariable
interaction
analys is
(B
)
structured/
unstructured
expert/inexpert
op in i on
(C)
Dynamic
modes
and mapping
(D)
All of the above
5. The actuar performance
deviates positivery
over the
budgeted
performance.
This is an indication
of ........... performance.
(A)
Superior
(B) inferior (C)
constant
(D)
any of the above
6. Criteria for making
an evaluation
is (are)
(A)
consistency
with goars (B)
consistency
with environmenr
(c)
Money (D)
All of the above
7. The...........
of any organization
is,,the
aggregate
of ail corditions,
events and influences
that surround
and affect it.,,
(A)
system (B)
environment
(C)
structure (D)
strategy
8' strategic
management
is mainry the responsibirity
ot
FirstRanker.com - FirstRanker's Choice
STRATEGIC
MANAGBMENT
AND
CORPORATE
GOVERNANCE
l. Horizontal
integration
is concerned
with
(A)
production
(B)
Quarity
(c)
produ*
pranning
(D)
AIr of the
above
2. It refers
to formar
and informar
rures,
regurations
and procedures
that complement
the company
structure
(A)
srrategy (B)
systems
(c)
Environment
(D)
All of the above
3. Micro
environment
is the..........
environment
of a company.
(A)
Working
(B)
Human (C)
External (D)
Intemal
4. Techniques
used in environmental
appraisal
are
(A)single-variable
extrapolation/mu
ltivariable
interaction
analys is
(B
)
structured/
unstructured
expert/inexpert
op in i on
(C)
Dynamic
modes
and mapping
(D)
All of the above
5. The actuar performance
deviates positivery
over the
budgeted
performance.
This is an indication
of ........... performance.
(A)
Superior
(B) inferior (C)
constant
(D)
any of the above
6. Criteria for making
an evaluation
is (are)
(A)
consistency
with goars (B)
consistency
with environmenr
(c)
Money (D)
All of the above
7. The...........
of any organization
is,,the
aggregate
of ail corditions,
events and influences
that surround
and affect it.,,
(A)
system (B)
environment
(C)
structure (D)
strategy
8' strategic
management
is mainry the responsibirity
ot
(A)
Lower management (B)
Middle
management (c)
Top management
(D) All of the above
9. The major issue(s)
of appraisal
system is (are)
(A)
Factors of appraisar (B)
Relevance
of appraisar (c)
procedure
of
appraisal (D)
All of the above
lO.Formal
systems
are adopted
to bring
& amalgamation
of
decentralized
units into product
groups.
(A)
Manpower
(B)
co-ordination
(c)
production
(D)
All of the
above
I l.Market
research
is conducted
by
(A)
By employees(B)
By research
agencies(c)
By consurtants(D)
ail of
the above
l2.Vertical
integration
is concerned
with
(A)
suppty chain(B) production(C)
eualiry(D)
planning
l3.ETOP
stands for
(A)environmental
threat & opportunity project
(B)environmental
threat & opportunity profile
(C)environmental
treaty & opportunity profile
(D)environmental
threat & optimum profile
l4.The control process
requires
the following
types of information
(A) Planned performance
(B) Variances (c)
Reasons (D)
All of the
above
l5.Financial
environment
is concerned
with
(A)
demand& supply of money (B) capitar markets (c) both
.A,
and
.8,
(D)
None of the above
l6.The process
of forecasting
an organization,s
future demands for and
supply of right type of people
in right number is
(A) Product planning (B)
process
pranning
(c) Man power pranning
(D)
All of the above
FirstRanker.com - FirstRanker's Choice
STRATEGIC
MANAGBMENT
AND
CORPORATE
GOVERNANCE
l. Horizontal
integration
is concerned
with
(A)
production
(B)
Quarity
(c)
produ*
pranning
(D)
AIr of the
above
2. It refers
to formar
and informar
rures,
regurations
and procedures
that complement
the company
structure
(A)
srrategy (B)
systems
(c)
Environment
(D)
All of the above
3. Micro
environment
is the..........
environment
of a company.
(A)
Working
(B)
Human (C)
External (D)
Intemal
4. Techniques
used in environmental
appraisal
are
(A)single-variable
extrapolation/mu
ltivariable
interaction
analys is
(B
)
structured/
unstructured
expert/inexpert
op in i on
(C)
Dynamic
modes
and mapping
(D)
All of the above
5. The actuar performance
deviates positivery
over the
budgeted
performance.
This is an indication
of ........... performance.
(A)
Superior
(B) inferior (C)
constant
(D)
any of the above
6. Criteria for making
an evaluation
is (are)
(A)
consistency
with goars (B)
consistency
with environmenr
(c)
Money (D)
All of the above
7. The...........
of any organization
is,,the
aggregate
of ail corditions,
events and influences
that surround
and affect it.,,
(A)
system (B)
environment
(C)
structure (D)
strategy
8' strategic
management
is mainry the responsibirity
ot
(A)
Lower management (B)
Middle
management (c)
Top management
(D) All of the above
9. The major issue(s)
of appraisal
system is (are)
(A)
Factors of appraisar (B)
Relevance
of appraisar (c)
procedure
of
appraisal (D)
All of the above
lO.Formal
systems
are adopted
to bring
& amalgamation
of
decentralized
units into product
groups.
(A)
Manpower
(B)
co-ordination
(c)
production
(D)
All of the
above
I l.Market
research
is conducted
by
(A)
By employees(B)
By research
agencies(c)
By consurtants(D)
ail of
the above
l2.Vertical
integration
is concerned
with
(A)
suppty chain(B) production(C)
eualiry(D)
planning
l3.ETOP
stands for
(A)environmental
threat & opportunity project
(B)environmental
threat & opportunity profile
(C)environmental
treaty & opportunity profile
(D)environmental
threat & optimum profile
l4.The control process
requires
the following
types of information
(A) Planned performance
(B) Variances (c)
Reasons (D)
All of the
above
l5.Financial
environment
is concerned
with
(A)
demand& supply of money (B) capitar markets (c) both
.A,
and
.8,
(D)
None of the above
l6.The process
of forecasting
an organization,s
future demands for and
supply of right type of people
in right number is
(A) Product planning (B)
process
pranning
(c) Man power pranning
(D)
All of the above
17'It is designed to monilor
a broad range
of events inside
and
outside
the company
that are rikery to threaten
a firm,s
strategy
(A)
Strategic
surveillance
(B)
Strategic planning
(C)
both
,A,
and
.8,
(D)
None
of the above
l8.Haruest
strategy is used for
(A)
Dogs (B)
Question
marks (C)
both
'A' and 'B,
(D)
none of the
above
l9'These
are critical
situations
that occur unexpectedly
and threaten
the
course
of a firm,s
strategy
(A)
crisis (B)
Emergency (c)
Shutdown (D)
Ail of the above
20.Attack
strategies
are
(A)
frontal atrack (B)
flank attack (c)
encirclement
attack (D)
all of
the above
2l.An approach
that strives to foilow ethicar principres
and percepts
is
(A)
Moral management (B) Immoral
management (c)
Amorar
management (D) None of the above
22. Niche marketing
means
(A)
End user specialist (B)
Specific customer
specialist (c)
Geographic
specialisr (D)
all of the above
23.Type(s)
important
managerial
skill(s) required
for the effective
strategic
management
(A)
Conceptual
skill (B) Human skill (C) Intellectual
skil (D)
a1 of the
above
24.The model(s)
of social responsibility
is (are)
(A) Austere Model
'(B)
vendors Model (c)
civic Model (D)
all of the
above
25'Delay in
-
measurement
defeats the purpose
of evaluation.
(A) Time (B)
Quality
(c)
production
(D) Alr of the above
FirstRanker.com - FirstRanker's Choice
STRATEGIC
MANAGBMENT
AND
CORPORATE
GOVERNANCE
l. Horizontal
integration
is concerned
with
(A)
production
(B)
Quarity
(c)
produ*
pranning
(D)
AIr of the
above
2. It refers
to formar
and informar
rures,
regurations
and procedures
that complement
the company
structure
(A)
srrategy (B)
systems
(c)
Environment
(D)
All of the above
3. Micro
environment
is the..........
environment
of a company.
(A)
Working
(B)
Human (C)
External (D)
Intemal
4. Techniques
used in environmental
appraisal
are
(A)single-variable
extrapolation/mu
ltivariable
interaction
analys is
(B
)
structured/
unstructured
expert/inexpert
op in i on
(C)
Dynamic
modes
and mapping
(D)
All of the above
5. The actuar performance
deviates positivery
over the
budgeted
performance.
This is an indication
of ........... performance.
(A)
Superior
(B) inferior (C)
constant
(D)
any of the above
6. Criteria for making
an evaluation
is (are)
(A)
consistency
with goars (B)
consistency
with environmenr
(c)
Money (D)
All of the above
7. The...........
of any organization
is,,the
aggregate
of ail corditions,
events and influences
that surround
and affect it.,,
(A)
system (B)
environment
(C)
structure (D)
strategy
8' strategic
management
is mainry the responsibirity
ot
(A)
Lower management (B)
Middle
management (c)
Top management
(D) All of the above
9. The major issue(s)
of appraisal
system is (are)
(A)
Factors of appraisar (B)
Relevance
of appraisar (c)
procedure
of
appraisal (D)
All of the above
lO.Formal
systems
are adopted
to bring
& amalgamation
of
decentralized
units into product
groups.
(A)
Manpower
(B)
co-ordination
(c)
production
(D)
All of the
above
I l.Market
research
is conducted
by
(A)
By employees(B)
By research
agencies(c)
By consurtants(D)
ail of
the above
l2.Vertical
integration
is concerned
with
(A)
suppty chain(B) production(C)
eualiry(D)
planning
l3.ETOP
stands for
(A)environmental
threat & opportunity project
(B)environmental
threat & opportunity profile
(C)environmental
treaty & opportunity profile
(D)environmental
threat & optimum profile
l4.The control process
requires
the following
types of information
(A) Planned performance
(B) Variances (c)
Reasons (D)
All of the
above
l5.Financial
environment
is concerned
with
(A)
demand& supply of money (B) capitar markets (c) both
.A,
and
.8,
(D)
None of the above
l6.The process
of forecasting
an organization,s
future demands for and
supply of right type of people
in right number is
(A) Product planning (B)
process
pranning
(c) Man power pranning
(D)
All of the above
17'It is designed to monilor
a broad range
of events inside
and
outside
the company
that are rikery to threaten
a firm,s
strategy
(A)
Strategic
surveillance
(B)
Strategic planning
(C)
both
,A,
and
.8,
(D)
None
of the above
l8.Haruest
strategy is used for
(A)
Dogs (B)
Question
marks (C)
both
'A' and 'B,
(D)
none of the
above
l9'These
are critical
situations
that occur unexpectedly
and threaten
the
course
of a firm,s
strategy
(A)
crisis (B)
Emergency (c)
Shutdown (D)
Ail of the above
20.Attack
strategies
are
(A)
frontal atrack (B)
flank attack (c)
encirclement
attack (D)
all of
the above
2l.An approach
that strives to foilow ethicar principres
and percepts
is
(A)
Moral management (B) Immoral
management (c)
Amorar
management (D) None of the above
22. Niche marketing
means
(A)
End user specialist (B)
Specific customer
specialist (c)
Geographic
specialisr (D)
all of the above
23.Type(s)
important
managerial
skill(s) required
for the effective
strategic
management
(A)
Conceptual
skill (B) Human skill (C) Intellectual
skil (D)
a1 of the
above
24.The model(s)
of social responsibility
is (are)
(A) Austere Model
'(B)
vendors Model (c)
civic Model (D)
all of the
above
25'Delay in
-
measurement
defeats the purpose
of evaluation.
(A) Time (B)
Quality
(c)
production
(D) Alr of the above
26.Module of Flotilla strikes an optimum barance of and
flexibility
(A) optimisation (B) Standardisation (c)
organization (D) All of the
above
27.The are distinct little business set up as units in a larger
company.
(A) Small business Units (B) Strategic business Units (c) Internal
business Units (D) All of the above
2S.Knowledge of the relationships between choices, environment &
outcomes is
(A) Familiarity (B) conversancy (c) Infbrmality (D) Nosmality
29.-shouldhavetheabilitytodevelopavisiontoseepatterns
into the future.
(A) Leaders (B) Managers (C) Managemenr (D) Workers
30.Product differentiation rel'ers to the:
(A).
ability of the buyers of a product to negotiate a lower price.
(B). response of incumbent firms to new entrants.
(C). belief by customers that a product is unique.
(D). fbct that as more of a product is produced
the cheaper it becomes per
unit.
3l.which of the following is Nor an entry barrier to an industry?
(A). expected competitor retal iation
(B). economies of scale
(C). customer product loyalty
(D). bargaining power of suppliers
32.Switching costs refer to the:
(A). cost to a producer to exchange equipment in a facility when new
technologies emerge.
FirstRanker.com - FirstRanker's Choice
STRATEGIC
MANAGBMENT
AND
CORPORATE
GOVERNANCE
l. Horizontal
integration
is concerned
with
(A)
production
(B)
Quarity
(c)
produ*
pranning
(D)
AIr of the
above
2. It refers
to formar
and informar
rures,
regurations
and procedures
that complement
the company
structure
(A)
srrategy (B)
systems
(c)
Environment
(D)
All of the above
3. Micro
environment
is the..........
environment
of a company.
(A)
Working
(B)
Human (C)
External (D)
Intemal
4. Techniques
used in environmental
appraisal
are
(A)single-variable
extrapolation/mu
ltivariable
interaction
analys is
(B
)
structured/
unstructured
expert/inexpert
op in i on
(C)
Dynamic
modes
and mapping
(D)
All of the above
5. The actuar performance
deviates positivery
over the
budgeted
performance.
This is an indication
of ........... performance.
(A)
Superior
(B) inferior (C)
constant
(D)
any of the above
6. Criteria for making
an evaluation
is (are)
(A)
consistency
with goars (B)
consistency
with environmenr
(c)
Money (D)
All of the above
7. The...........
of any organization
is,,the
aggregate
of ail corditions,
events and influences
that surround
and affect it.,,
(A)
system (B)
environment
(C)
structure (D)
strategy
8' strategic
management
is mainry the responsibirity
ot
(A)
Lower management (B)
Middle
management (c)
Top management
(D) All of the above
9. The major issue(s)
of appraisal
system is (are)
(A)
Factors of appraisar (B)
Relevance
of appraisar (c)
procedure
of
appraisal (D)
All of the above
lO.Formal
systems
are adopted
to bring
& amalgamation
of
decentralized
units into product
groups.
(A)
Manpower
(B)
co-ordination
(c)
production
(D)
All of the
above
I l.Market
research
is conducted
by
(A)
By employees(B)
By research
agencies(c)
By consurtants(D)
ail of
the above
l2.Vertical
integration
is concerned
with
(A)
suppty chain(B) production(C)
eualiry(D)
planning
l3.ETOP
stands for
(A)environmental
threat & opportunity project
(B)environmental
threat & opportunity profile
(C)environmental
treaty & opportunity profile
(D)environmental
threat & optimum profile
l4.The control process
requires
the following
types of information
(A) Planned performance
(B) Variances (c)
Reasons (D)
All of the
above
l5.Financial
environment
is concerned
with
(A)
demand& supply of money (B) capitar markets (c) both
.A,
and
.8,
(D)
None of the above
l6.The process
of forecasting
an organization,s
future demands for and
supply of right type of people
in right number is
(A) Product planning (B)
process
pranning
(c) Man power pranning
(D)
All of the above
17'It is designed to monilor
a broad range
of events inside
and
outside
the company
that are rikery to threaten
a firm,s
strategy
(A)
Strategic
surveillance
(B)
Strategic planning
(C)
both
,A,
and
.8,
(D)
None
of the above
l8.Haruest
strategy is used for
(A)
Dogs (B)
Question
marks (C)
both
'A' and 'B,
(D)
none of the
above
l9'These
are critical
situations
that occur unexpectedly
and threaten
the
course
of a firm,s
strategy
(A)
crisis (B)
Emergency (c)
Shutdown (D)
Ail of the above
20.Attack
strategies
are
(A)
frontal atrack (B)
flank attack (c)
encirclement
attack (D)
all of
the above
2l.An approach
that strives to foilow ethicar principres
and percepts
is
(A)
Moral management (B) Immoral
management (c)
Amorar
management (D) None of the above
22. Niche marketing
means
(A)
End user specialist (B)
Specific customer
specialist (c)
Geographic
specialisr (D)
all of the above
23.Type(s)
important
managerial
skill(s) required
for the effective
strategic
management
(A)
Conceptual
skill (B) Human skill (C) Intellectual
skil (D)
a1 of the
above
24.The model(s)
of social responsibility
is (are)
(A) Austere Model
'(B)
vendors Model (c)
civic Model (D)
all of the
above
25'Delay in
-
measurement
defeats the purpose
of evaluation.
(A) Time (B)
Quality
(c)
production
(D) Alr of the above
26.Module of Flotilla strikes an optimum barance of and
flexibility
(A) optimisation (B) Standardisation (c)
organization (D) All of the
above
27.The are distinct little business set up as units in a larger
company.
(A) Small business Units (B) Strategic business Units (c) Internal
business Units (D) All of the above
2S.Knowledge of the relationships between choices, environment &
outcomes is
(A) Familiarity (B) conversancy (c) Infbrmality (D) Nosmality
29.-shouldhavetheabilitytodevelopavisiontoseepatterns
into the future.
(A) Leaders (B) Managers (C) Managemenr (D) Workers
30.Product differentiation rel'ers to the:
(A).
ability of the buyers of a product to negotiate a lower price.
(B). response of incumbent firms to new entrants.
(C). belief by customers that a product is unique.
(D). fbct that as more of a product is produced
the cheaper it becomes per
unit.
3l.which of the following is Nor an entry barrier to an industry?
(A). expected competitor retal iation
(B). economies of scale
(C). customer product loyalty
(D). bargaining power of suppliers
32.Switching costs refer to the:
(A). cost to a producer to exchange equipment in a facility when new
technologies emerge.
(B).
cost of changing
the firm,s strategic
group.
(c)'
one-time
costs
suppliers
incur
when
selling
to a different
customer.
(D).
one-time
costs customers
incur
when
buying
from
a different
supplier.
33.The
framework
for estabrishing
good
corporate
governance
and
accountability
was originally
set up by the
(A)Thomton
committee
(B)
Rowntree
cornmittee
(c)
Nesrrd
Committee
(D)
Cacibury
Committee
34'which
of the foilowing
is not one the underrying
principres
of the
corporate
governance
(A)
accountabirity
(B)
acceprabirity
(c)
openness
(D)
integrity
35.In
a two-tier
structure
of corporate
governance:
(A)Members
of the supervisory
board are appointed
by the executive
board.
(B)The
chair of the non-executive
board is arso chair
of the executive
board.
(C)
CEO and chair of the board
are split.
(D)Non-executives
are responsibre
tbr the day-to-day
operations.
36.which
of the foilowing
is not a responsibirity
of audit committees?
(A)Reviewing
corporate
reporting
processes.
(B)
Management
compensation.
(B)Relations
with the independent
auditor. (D)Monitoring
management.
3T.Benchmarking
is
(A)
Historical
anarysis (B)
competitive
anarysis (c)
Re-engineering
(D)
All of the above
38.Macro
envi.onr.nt
(A)
Political-
legal (B)
socio-currural
(c)
economic-demographic
(D)
All of the above
FirstRanker.com - FirstRanker's Choice
STRATEGIC
MANAGBMENT
AND
CORPORATE
GOVERNANCE
l. Horizontal
integration
is concerned
with
(A)
production
(B)
Quarity
(c)
produ*
pranning
(D)
AIr of the
above
2. It refers
to formar
and informar
rures,
regurations
and procedures
that complement
the company
structure
(A)
srrategy (B)
systems
(c)
Environment
(D)
All of the above
3. Micro
environment
is the..........
environment
of a company.
(A)
Working
(B)
Human (C)
External (D)
Intemal
4. Techniques
used in environmental
appraisal
are
(A)single-variable
extrapolation/mu
ltivariable
interaction
analys is
(B
)
structured/
unstructured
expert/inexpert
op in i on
(C)
Dynamic
modes
and mapping
(D)
All of the above
5. The actuar performance
deviates positivery
over the
budgeted
performance.
This is an indication
of ........... performance.
(A)
Superior
(B) inferior (C)
constant
(D)
any of the above
6. Criteria for making
an evaluation
is (are)
(A)
consistency
with goars (B)
consistency
with environmenr
(c)
Money (D)
All of the above
7. The...........
of any organization
is,,the
aggregate
of ail corditions,
events and influences
that surround
and affect it.,,
(A)
system (B)
environment
(C)
structure (D)
strategy
8' strategic
management
is mainry the responsibirity
ot
(A)
Lower management (B)
Middle
management (c)
Top management
(D) All of the above
9. The major issue(s)
of appraisal
system is (are)
(A)
Factors of appraisar (B)
Relevance
of appraisar (c)
procedure
of
appraisal (D)
All of the above
lO.Formal
systems
are adopted
to bring
& amalgamation
of
decentralized
units into product
groups.
(A)
Manpower
(B)
co-ordination
(c)
production
(D)
All of the
above
I l.Market
research
is conducted
by
(A)
By employees(B)
By research
agencies(c)
By consurtants(D)
ail of
the above
l2.Vertical
integration
is concerned
with
(A)
suppty chain(B) production(C)
eualiry(D)
planning
l3.ETOP
stands for
(A)environmental
threat & opportunity project
(B)environmental
threat & opportunity profile
(C)environmental
treaty & opportunity profile
(D)environmental
threat & optimum profile
l4.The control process
requires
the following
types of information
(A) Planned performance
(B) Variances (c)
Reasons (D)
All of the
above
l5.Financial
environment
is concerned
with
(A)
demand& supply of money (B) capitar markets (c) both
.A,
and
.8,
(D)
None of the above
l6.The process
of forecasting
an organization,s
future demands for and
supply of right type of people
in right number is
(A) Product planning (B)
process
pranning
(c) Man power pranning
(D)
All of the above
17'It is designed to monilor
a broad range
of events inside
and
outside
the company
that are rikery to threaten
a firm,s
strategy
(A)
Strategic
surveillance
(B)
Strategic planning
(C)
both
,A,
and
.8,
(D)
None
of the above
l8.Haruest
strategy is used for
(A)
Dogs (B)
Question
marks (C)
both
'A' and 'B,
(D)
none of the
above
l9'These
are critical
situations
that occur unexpectedly
and threaten
the
course
of a firm,s
strategy
(A)
crisis (B)
Emergency (c)
Shutdown (D)
Ail of the above
20.Attack
strategies
are
(A)
frontal atrack (B)
flank attack (c)
encirclement
attack (D)
all of
the above
2l.An approach
that strives to foilow ethicar principres
and percepts
is
(A)
Moral management (B) Immoral
management (c)
Amorar
management (D) None of the above
22. Niche marketing
means
(A)
End user specialist (B)
Specific customer
specialist (c)
Geographic
specialisr (D)
all of the above
23.Type(s)
important
managerial
skill(s) required
for the effective
strategic
management
(A)
Conceptual
skill (B) Human skill (C) Intellectual
skil (D)
a1 of the
above
24.The model(s)
of social responsibility
is (are)
(A) Austere Model
'(B)
vendors Model (c)
civic Model (D)
all of the
above
25'Delay in
-
measurement
defeats the purpose
of evaluation.
(A) Time (B)
Quality
(c)
production
(D) Alr of the above
26.Module of Flotilla strikes an optimum barance of and
flexibility
(A) optimisation (B) Standardisation (c)
organization (D) All of the
above
27.The are distinct little business set up as units in a larger
company.
(A) Small business Units (B) Strategic business Units (c) Internal
business Units (D) All of the above
2S.Knowledge of the relationships between choices, environment &
outcomes is
(A) Familiarity (B) conversancy (c) Infbrmality (D) Nosmality
29.-shouldhavetheabilitytodevelopavisiontoseepatterns
into the future.
(A) Leaders (B) Managers (C) Managemenr (D) Workers
30.Product differentiation rel'ers to the:
(A).
ability of the buyers of a product to negotiate a lower price.
(B). response of incumbent firms to new entrants.
(C). belief by customers that a product is unique.
(D). fbct that as more of a product is produced
the cheaper it becomes per
unit.
3l.which of the following is Nor an entry barrier to an industry?
(A). expected competitor retal iation
(B). economies of scale
(C). customer product loyalty
(D). bargaining power of suppliers
32.Switching costs refer to the:
(A). cost to a producer to exchange equipment in a facility when new
technologies emerge.
(B).
cost of changing
the firm,s strategic
group.
(c)'
one-time
costs
suppliers
incur
when
selling
to a different
customer.
(D).
one-time
costs customers
incur
when
buying
from
a different
supplier.
33.The
framework
for estabrishing
good
corporate
governance
and
accountability
was originally
set up by the
(A)Thomton
committee
(B)
Rowntree
cornmittee
(c)
Nesrrd
Committee
(D)
Cacibury
Committee
34'which
of the foilowing
is not one the underrying
principres
of the
corporate
governance
(A)
accountabirity
(B)
acceprabirity
(c)
openness
(D)
integrity
35.In
a two-tier
structure
of corporate
governance:
(A)Members
of the supervisory
board are appointed
by the executive
board.
(B)The
chair of the non-executive
board is arso chair
of the executive
board.
(C)
CEO and chair of the board
are split.
(D)Non-executives
are responsibre
tbr the day-to-day
operations.
36.which
of the foilowing
is not a responsibirity
of audit committees?
(A)Reviewing
corporate
reporting
processes.
(B)
Management
compensation.
(B)Relations
with the independent
auditor. (D)Monitoring
management.
3T.Benchmarking
is
(A)
Historical
anarysis (B)
competitive
anarysis (c)
Re-engineering
(D)
All of the above
38.Macro
envi.onr.nt
(A)
Political-
legal (B)
socio-currural
(c)
economic-demographic
(D)
All of the above
39.A major part of strategy implementation
is
(A) Planning (B) communication (c) Resource allocation (D)
Monitoring
40.These people are chargcd with the responsibility
of continuous
screening of performa
nce?
(A) Managers (B) Supervisors (c) Top managemenr (D) Audit
committee
4l,-andgreateraccountabilityreplaceformalcontrol.
(A) Self-discipline (B) self appraisal (c) both
.A,
and
.B'
(D) None
of the above
42....,
... function applies to all company levels irrespective of levels
of hierarchy.
(A) Planning (B) Organizing (C)
Staffing (D) Directing
43.Three C's affecting today,s companies are
(A) customer, competition.
Change (B) cost, competition,
change
(C) Customer, Competition, Cost (D) Customer, Cost, Change
44.Strategic
management is concerned with
(A) Short range planning (B) Long range planning
(C) Both 'A' and 'B' (D) None of the above
45.\t provides
a way to bring in the people dimension in macro company
analysis without using psychological
models of human behaviour.
(A) Environmenr (B) Society (c) culture (D) All of the above
46.\t is used extensively in organisation
and is concerned with action or
performance.
(A) operational conrrol (B)
producrion
control (c)
euality
conrrol
(D) All of the above
4T.companies
employ trained
to develop
,,competency
models" to identify potential leaders.
(A) consultants (B) Psychologists (c) Trainers (D)
All of the above
FirstRanker.com - FirstRanker's Choice
STRATEGIC
MANAGBMENT
AND
CORPORATE
GOVERNANCE
l. Horizontal
integration
is concerned
with
(A)
production
(B)
Quarity
(c)
produ*
pranning
(D)
AIr of the
above
2. It refers
to formar
and informar
rures,
regurations
and procedures
that complement
the company
structure
(A)
srrategy (B)
systems
(c)
Environment
(D)
All of the above
3. Micro
environment
is the..........
environment
of a company.
(A)
Working
(B)
Human (C)
External (D)
Intemal
4. Techniques
used in environmental
appraisal
are
(A)single-variable
extrapolation/mu
ltivariable
interaction
analys is
(B
)
structured/
unstructured
expert/inexpert
op in i on
(C)
Dynamic
modes
and mapping
(D)
All of the above
5. The actuar performance
deviates positivery
over the
budgeted
performance.
This is an indication
of ........... performance.
(A)
Superior
(B) inferior (C)
constant
(D)
any of the above
6. Criteria for making
an evaluation
is (are)
(A)
consistency
with goars (B)
consistency
with environmenr
(c)
Money (D)
All of the above
7. The...........
of any organization
is,,the
aggregate
of ail corditions,
events and influences
that surround
and affect it.,,
(A)
system (B)
environment
(C)
structure (D)
strategy
8' strategic
management
is mainry the responsibirity
ot
(A)
Lower management (B)
Middle
management (c)
Top management
(D) All of the above
9. The major issue(s)
of appraisal
system is (are)
(A)
Factors of appraisar (B)
Relevance
of appraisar (c)
procedure
of
appraisal (D)
All of the above
lO.Formal
systems
are adopted
to bring
& amalgamation
of
decentralized
units into product
groups.
(A)
Manpower
(B)
co-ordination
(c)
production
(D)
All of the
above
I l.Market
research
is conducted
by
(A)
By employees(B)
By research
agencies(c)
By consurtants(D)
ail of
the above
l2.Vertical
integration
is concerned
with
(A)
suppty chain(B) production(C)
eualiry(D)
planning
l3.ETOP
stands for
(A)environmental
threat & opportunity project
(B)environmental
threat & opportunity profile
(C)environmental
treaty & opportunity profile
(D)environmental
threat & optimum profile
l4.The control process
requires
the following
types of information
(A) Planned performance
(B) Variances (c)
Reasons (D)
All of the
above
l5.Financial
environment
is concerned
with
(A)
demand& supply of money (B) capitar markets (c) both
.A,
and
.8,
(D)
None of the above
l6.The process
of forecasting
an organization,s
future demands for and
supply of right type of people
in right number is
(A) Product planning (B)
process
pranning
(c) Man power pranning
(D)
All of the above
17'It is designed to monilor
a broad range
of events inside
and
outside
the company
that are rikery to threaten
a firm,s
strategy
(A)
Strategic
surveillance
(B)
Strategic planning
(C)
both
,A,
and
.8,
(D)
None
of the above
l8.Haruest
strategy is used for
(A)
Dogs (B)
Question
marks (C)
both
'A' and 'B,
(D)
none of the
above
l9'These
are critical
situations
that occur unexpectedly
and threaten
the
course
of a firm,s
strategy
(A)
crisis (B)
Emergency (c)
Shutdown (D)
Ail of the above
20.Attack
strategies
are
(A)
frontal atrack (B)
flank attack (c)
encirclement
attack (D)
all of
the above
2l.An approach
that strives to foilow ethicar principres
and percepts
is
(A)
Moral management (B) Immoral
management (c)
Amorar
management (D) None of the above
22. Niche marketing
means
(A)
End user specialist (B)
Specific customer
specialist (c)
Geographic
specialisr (D)
all of the above
23.Type(s)
important
managerial
skill(s) required
for the effective
strategic
management
(A)
Conceptual
skill (B) Human skill (C) Intellectual
skil (D)
a1 of the
above
24.The model(s)
of social responsibility
is (are)
(A) Austere Model
'(B)
vendors Model (c)
civic Model (D)
all of the
above
25'Delay in
-
measurement
defeats the purpose
of evaluation.
(A) Time (B)
Quality
(c)
production
(D) Alr of the above
26.Module of Flotilla strikes an optimum barance of and
flexibility
(A) optimisation (B) Standardisation (c)
organization (D) All of the
above
27.The are distinct little business set up as units in a larger
company.
(A) Small business Units (B) Strategic business Units (c) Internal
business Units (D) All of the above
2S.Knowledge of the relationships between choices, environment &
outcomes is
(A) Familiarity (B) conversancy (c) Infbrmality (D) Nosmality
29.-shouldhavetheabilitytodevelopavisiontoseepatterns
into the future.
(A) Leaders (B) Managers (C) Managemenr (D) Workers
30.Product differentiation rel'ers to the:
(A).
ability of the buyers of a product to negotiate a lower price.
(B). response of incumbent firms to new entrants.
(C). belief by customers that a product is unique.
(D). fbct that as more of a product is produced
the cheaper it becomes per
unit.
3l.which of the following is Nor an entry barrier to an industry?
(A). expected competitor retal iation
(B). economies of scale
(C). customer product loyalty
(D). bargaining power of suppliers
32.Switching costs refer to the:
(A). cost to a producer to exchange equipment in a facility when new
technologies emerge.
(B).
cost of changing
the firm,s strategic
group.
(c)'
one-time
costs
suppliers
incur
when
selling
to a different
customer.
(D).
one-time
costs customers
incur
when
buying
from
a different
supplier.
33.The
framework
for estabrishing
good
corporate
governance
and
accountability
was originally
set up by the
(A)Thomton
committee
(B)
Rowntree
cornmittee
(c)
Nesrrd
Committee
(D)
Cacibury
Committee
34'which
of the foilowing
is not one the underrying
principres
of the
corporate
governance
(A)
accountabirity
(B)
acceprabirity
(c)
openness
(D)
integrity
35.In
a two-tier
structure
of corporate
governance:
(A)Members
of the supervisory
board are appointed
by the executive
board.
(B)The
chair of the non-executive
board is arso chair
of the executive
board.
(C)
CEO and chair of the board
are split.
(D)Non-executives
are responsibre
tbr the day-to-day
operations.
36.which
of the foilowing
is not a responsibirity
of audit committees?
(A)Reviewing
corporate
reporting
processes.
(B)
Management
compensation.
(B)Relations
with the independent
auditor. (D)Monitoring
management.
3T.Benchmarking
is
(A)
Historical
anarysis (B)
competitive
anarysis (c)
Re-engineering
(D)
All of the above
38.Macro
envi.onr.nt
(A)
Political-
legal (B)
socio-currural
(c)
economic-demographic
(D)
All of the above
39.A major part of strategy implementation
is
(A) Planning (B) communication (c) Resource allocation (D)
Monitoring
40.These people are chargcd with the responsibility
of continuous
screening of performa
nce?
(A) Managers (B) Supervisors (c) Top managemenr (D) Audit
committee
4l,-andgreateraccountabilityreplaceformalcontrol.
(A) Self-discipline (B) self appraisal (c) both
.A,
and
.B'
(D) None
of the above
42....,
... function applies to all company levels irrespective of levels
of hierarchy.
(A) Planning (B) Organizing (C)
Staffing (D) Directing
43.Three C's affecting today,s companies are
(A) customer, competition.
Change (B) cost, competition,
change
(C) Customer, Competition, Cost (D) Customer, Cost, Change
44.Strategic
management is concerned with
(A) Short range planning (B) Long range planning
(C) Both 'A' and 'B' (D) None of the above
45.\t provides
a way to bring in the people dimension in macro company
analysis without using psychological
models of human behaviour.
(A) Environmenr (B) Society (c) culture (D) All of the above
46.\t is used extensively in organisation
and is concerned with action or
performance.
(A) operational conrrol (B)
producrion
control (c)
euality
conrrol
(D) All of the above
4T.companies
employ trained
to develop
,,competency
models" to identify potential leaders.
(A) consultants (B) Psychologists (c) Trainers (D)
All of the above
48.Style of a company are the patterns
of actions taken by members of
.... management
over a period
of time
(A)
Top (B)
Middle (C)
Lower (D)
Any of the above
49.It concentrates
on organisation design and work flow
(A)
Systems approach (B)
Flotilla (C)
Method study (D)
Work study
50.The benefits ofa change in process
are defined in terms of
cost savings
(A)
Labour (B)
Infyastructure (C)
production
(D)
Raw material
5l.According to the five factors model, an attractive industry would
have all of the following characteristics
EXCEpT:
(A
low barriers ro entry.
(B).
suppliers with low bargaining power.
(C).
a moderate degree of rivalry among competitors. (D).
few good
product substitutes.
52.Internal analysis enables a firm to determine what the firm
(A).
can do. (B).
should do. (C).
wiltdo. (D).
might do.
53.To be a core competency,
a capability must satisfy all of the following
criteria EXCEPT:
(A).
be technologically
innovative.
(B).
be hard for competing firms to duplicate.
(C).
be without good
substitutes. (D).
be valuable to customers.
54.BCG in BCG matrix stands for
(A)Boston
Calmette Group
(B)British
Consulting Group
(C)Boston
Corporate
Group
(D)Boston
Consulting Group
55.What does Dog symbolise in BCG matrix
(A) introduction (B) growth (C) maturiry (D) decline
FirstRanker.com - FirstRanker's Choice
STRATEGIC
MANAGBMENT
AND
CORPORATE
GOVERNANCE
l. Horizontal
integration
is concerned
with
(A)
production
(B)
Quarity
(c)
produ*
pranning
(D)
AIr of the
above
2. It refers
to formar
and informar
rures,
regurations
and procedures
that complement
the company
structure
(A)
srrategy (B)
systems
(c)
Environment
(D)
All of the above
3. Micro
environment
is the..........
environment
of a company.
(A)
Working
(B)
Human (C)
External (D)
Intemal
4. Techniques
used in environmental
appraisal
are
(A)single-variable
extrapolation/mu
ltivariable
interaction
analys is
(B
)
structured/
unstructured
expert/inexpert
op in i on
(C)
Dynamic
modes
and mapping
(D)
All of the above
5. The actuar performance
deviates positivery
over the
budgeted
performance.
This is an indication
of ........... performance.
(A)
Superior
(B) inferior (C)
constant
(D)
any of the above
6. Criteria for making
an evaluation
is (are)
(A)
consistency
with goars (B)
consistency
with environmenr
(c)
Money (D)
All of the above
7. The...........
of any organization
is,,the
aggregate
of ail corditions,
events and influences
that surround
and affect it.,,
(A)
system (B)
environment
(C)
structure (D)
strategy
8' strategic
management
is mainry the responsibirity
ot
(A)
Lower management (B)
Middle
management (c)
Top management
(D) All of the above
9. The major issue(s)
of appraisal
system is (are)
(A)
Factors of appraisar (B)
Relevance
of appraisar (c)
procedure
of
appraisal (D)
All of the above
lO.Formal
systems
are adopted
to bring
& amalgamation
of
decentralized
units into product
groups.
(A)
Manpower
(B)
co-ordination
(c)
production
(D)
All of the
above
I l.Market
research
is conducted
by
(A)
By employees(B)
By research
agencies(c)
By consurtants(D)
ail of
the above
l2.Vertical
integration
is concerned
with
(A)
suppty chain(B) production(C)
eualiry(D)
planning
l3.ETOP
stands for
(A)environmental
threat & opportunity project
(B)environmental
threat & opportunity profile
(C)environmental
treaty & opportunity profile
(D)environmental
threat & optimum profile
l4.The control process
requires
the following
types of information
(A) Planned performance
(B) Variances (c)
Reasons (D)
All of the
above
l5.Financial
environment
is concerned
with
(A)
demand& supply of money (B) capitar markets (c) both
.A,
and
.8,
(D)
None of the above
l6.The process
of forecasting
an organization,s
future demands for and
supply of right type of people
in right number is
(A) Product planning (B)
process
pranning
(c) Man power pranning
(D)
All of the above
17'It is designed to monilor
a broad range
of events inside
and
outside
the company
that are rikery to threaten
a firm,s
strategy
(A)
Strategic
surveillance
(B)
Strategic planning
(C)
both
,A,
and
.8,
(D)
None
of the above
l8.Haruest
strategy is used for
(A)
Dogs (B)
Question
marks (C)
both
'A' and 'B,
(D)
none of the
above
l9'These
are critical
situations
that occur unexpectedly
and threaten
the
course
of a firm,s
strategy
(A)
crisis (B)
Emergency (c)
Shutdown (D)
Ail of the above
20.Attack
strategies
are
(A)
frontal atrack (B)
flank attack (c)
encirclement
attack (D)
all of
the above
2l.An approach
that strives to foilow ethicar principres
and percepts
is
(A)
Moral management (B) Immoral
management (c)
Amorar
management (D) None of the above
22. Niche marketing
means
(A)
End user specialist (B)
Specific customer
specialist (c)
Geographic
specialisr (D)
all of the above
23.Type(s)
important
managerial
skill(s) required
for the effective
strategic
management
(A)
Conceptual
skill (B) Human skill (C) Intellectual
skil (D)
a1 of the
above
24.The model(s)
of social responsibility
is (are)
(A) Austere Model
'(B)
vendors Model (c)
civic Model (D)
all of the
above
25'Delay in
-
measurement
defeats the purpose
of evaluation.
(A) Time (B)
Quality
(c)
production
(D) Alr of the above
26.Module of Flotilla strikes an optimum barance of and
flexibility
(A) optimisation (B) Standardisation (c)
organization (D) All of the
above
27.The are distinct little business set up as units in a larger
company.
(A) Small business Units (B) Strategic business Units (c) Internal
business Units (D) All of the above
2S.Knowledge of the relationships between choices, environment &
outcomes is
(A) Familiarity (B) conversancy (c) Infbrmality (D) Nosmality
29.-shouldhavetheabilitytodevelopavisiontoseepatterns
into the future.
(A) Leaders (B) Managers (C) Managemenr (D) Workers
30.Product differentiation rel'ers to the:
(A).
ability of the buyers of a product to negotiate a lower price.
(B). response of incumbent firms to new entrants.
(C). belief by customers that a product is unique.
(D). fbct that as more of a product is produced
the cheaper it becomes per
unit.
3l.which of the following is Nor an entry barrier to an industry?
(A). expected competitor retal iation
(B). economies of scale
(C). customer product loyalty
(D). bargaining power of suppliers
32.Switching costs refer to the:
(A). cost to a producer to exchange equipment in a facility when new
technologies emerge.
(B).
cost of changing
the firm,s strategic
group.
(c)'
one-time
costs
suppliers
incur
when
selling
to a different
customer.
(D).
one-time
costs customers
incur
when
buying
from
a different
supplier.
33.The
framework
for estabrishing
good
corporate
governance
and
accountability
was originally
set up by the
(A)Thomton
committee
(B)
Rowntree
cornmittee
(c)
Nesrrd
Committee
(D)
Cacibury
Committee
34'which
of the foilowing
is not one the underrying
principres
of the
corporate
governance
(A)
accountabirity
(B)
acceprabirity
(c)
openness
(D)
integrity
35.In
a two-tier
structure
of corporate
governance:
(A)Members
of the supervisory
board are appointed
by the executive
board.
(B)The
chair of the non-executive
board is arso chair
of the executive
board.
(C)
CEO and chair of the board
are split.
(D)Non-executives
are responsibre
tbr the day-to-day
operations.
36.which
of the foilowing
is not a responsibirity
of audit committees?
(A)Reviewing
corporate
reporting
processes.
(B)
Management
compensation.
(B)Relations
with the independent
auditor. (D)Monitoring
management.
3T.Benchmarking
is
(A)
Historical
anarysis (B)
competitive
anarysis (c)
Re-engineering
(D)
All of the above
38.Macro
envi.onr.nt
(A)
Political-
legal (B)
socio-currural
(c)
economic-demographic
(D)
All of the above
39.A major part of strategy implementation
is
(A) Planning (B) communication (c) Resource allocation (D)
Monitoring
40.These people are chargcd with the responsibility
of continuous
screening of performa
nce?
(A) Managers (B) Supervisors (c) Top managemenr (D) Audit
committee
4l,-andgreateraccountabilityreplaceformalcontrol.
(A) Self-discipline (B) self appraisal (c) both
.A,
and
.B'
(D) None
of the above
42....,
... function applies to all company levels irrespective of levels
of hierarchy.
(A) Planning (B) Organizing (C)
Staffing (D) Directing
43.Three C's affecting today,s companies are
(A) customer, competition.
Change (B) cost, competition,
change
(C) Customer, Competition, Cost (D) Customer, Cost, Change
44.Strategic
management is concerned with
(A) Short range planning (B) Long range planning
(C) Both 'A' and 'B' (D) None of the above
45.\t provides
a way to bring in the people dimension in macro company
analysis without using psychological
models of human behaviour.
(A) Environmenr (B) Society (c) culture (D) All of the above
46.\t is used extensively in organisation
and is concerned with action or
performance.
(A) operational conrrol (B)
producrion
control (c)
euality
conrrol
(D) All of the above
4T.companies
employ trained
to develop
,,competency
models" to identify potential leaders.
(A) consultants (B) Psychologists (c) Trainers (D)
All of the above
48.Style of a company are the patterns
of actions taken by members of
.... management
over a period
of time
(A)
Top (B)
Middle (C)
Lower (D)
Any of the above
49.It concentrates
on organisation design and work flow
(A)
Systems approach (B)
Flotilla (C)
Method study (D)
Work study
50.The benefits ofa change in process
are defined in terms of
cost savings
(A)
Labour (B)
Infyastructure (C)
production
(D)
Raw material
5l.According to the five factors model, an attractive industry would
have all of the following characteristics
EXCEpT:
(A
low barriers ro entry.
(B).
suppliers with low bargaining power.
(C).
a moderate degree of rivalry among competitors. (D).
few good
product substitutes.
52.Internal analysis enables a firm to determine what the firm
(A).
can do. (B).
should do. (C).
wiltdo. (D).
might do.
53.To be a core competency,
a capability must satisfy all of the following
criteria EXCEPT:
(A).
be technologically
innovative.
(B).
be hard for competing firms to duplicate.
(C).
be without good
substitutes. (D).
be valuable to customers.
54.BCG in BCG matrix stands for
(A)Boston
Calmette Group
(B)British
Consulting Group
(C)Boston
Corporate
Group
(D)Boston
Consulting Group
55.What does Dog symbolise in BCG matrix
(A) introduction (B) growth (C) maturiry (D) decline
56.The GE 9 Cell model is based on
(A)industry
attractiveness and business strength
(B)industry growth rate and business strength
(C)industry
attractiveness and relative market share
(D)industry growth rate and relative market share
57.The word tactic is most likely to be associated with
(A)business
strategy (B) corporate strategy (c) operational strategy
(D) none
58. A whistleblower procedure
should be implemented:
(A) For receipt, retention and treatment of complaints received by the
company regarding accounting, internal controls or auditing matters.
(B) As a tool of public relations(C) To support the intemal audit deparrment.
(D) As a tool of management.
59.The goal of corporate governance
and business ethics education is to
(A) Teach students their professional
accountability and to uphold their
personal Integrity to society.(B) Change the way in which ethics is taught
to students.(c) create more ethics standards by which corporate
prof'essionals
must operate.(D) Increase the workload for accounting
students.
60. The corporate governance
structure of a company reflects the
individual companies'
(A)
cultural and economic system. (B) Legal and business system.
tr(C) Social and regularory sysrem. (D) All of the above.
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