MGT603 Strategic Management Solved MCQS

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You are here: Home (/) MCQs (/mcqs.html) MGT603: Strategic Management MCQs (/mcqs/230-mgt603-strategic-management.html)
MGT603 Strategic management Solved MCQS

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MGT603 Strategic management Solved MCQS

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In Competitive Profile Matrix, the rating 4 indicates what?

Major weakness
Major strength
Minor strength
Minor weakness

Most of the human resource management practices evolved out of which one of the following functions of Management:

Staffing

Controlling

Leading

Organizing

The Strategic Management as an academic discipline is:

An isolated discipline from the rest of the business functions.

A discipline which integrates or combines all the courses related to the rest of the business functions.
/
A discipline which is not practically used in the business world.

A philosophical doctrine.

Mr. Ali is a manager of packaging in a baking items company. His packaging method is the one he is continously using for 5 years and nothing wrong has
happened yet. He will this technique until or unless something bad happens. He is an example of which concept?

Managing by Objectives

Managing by Subjectives

Managing by Extrapolation
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Managing by Hope

Strategy formulation stage includes all of the following EXCEPT:

Vision and mission

Strength and weakness

Opportunities and threats

Annual objectives

What is Debt-to-Equity Ratio?

The percentage of total funds provided by creditors versus by stockholders.

The percentage of total funds provided by creditors versus by stakeholders.

The percentage of total funds provided by owners versus by stockholders.

None of the above.

Focus strategy is also called ?

Magnifying Strategy

Niche Strategy

Cost Leadership Strategy

None of the above.

Which of the following statement is TRUE about a Vision statement of a company?

It concentrates on future

It defines the customers

It identify critical processes

It informs about the desired level of performance

All of the following are the broad categories of External forces EXCEPT:

Economic forces

Socioeconomic forces

Technological forces

Competitive forces

Buyers can exercise high bargaining power over their suppliers under which one of the following conditions?

When there are many good substitutes of raw material

There are few buyers in the market

They have few suppliers to choose from

There is a high concentration of suppliers

Which one of the following is an E-Commerce website?


/
Wikipedia.org

Ebay.com (http://Ebay.com)

Twitter.com (http://Twitter.com)

Pakistan.gov.pk

In adapting to change an organization must monitor which of the following?

Ongoing processes

Internal and external events

Timely changes
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All of the given options

External forces directly affects all of the following EXCEPT:

Market segmentation strategies

Types of products/services offered

Management structure of organization

Choice of businesses to acquire or sell

Which of the following is the benefit of strategic management?

Fewer complexes

More complex

Less static

More profitable

Which one of the following activities is NOT a "Selling" activity?

Advertising

Sales Promotion

Total Quality Management

Sales Force Management

Which one of the following is not a function of Management:

Staffing

Controlling

Depriving

Leading

‘Sino-American relations’ means:

The relations of Sri Lanka&USA

The relations of Papua New Guinea & USA

The relations of China & USA

The relations of Singapore & USA

Which of the following period strategic management was considered to be cure for all problems?

Mid 1950s to mid 1960s

Mid 1960s to mid 1970s

Mid 1970s to mid 1980s

Mid 1980s to mid 1990s

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