Ptvaim MMS SM
Ptvaim MMS SM
Ptvaim MMS SM
7. What are the means by which long term objectives will be achieved?
a. Strategies
b. Policies
c. Strengths
d. Weakness
8. Divestment is what kind of strategy:
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Sample Questions for Practice
14. Which refers to decline in the per unit cost of production as volume grows?
a. Product Differentiation
b. Economic of scale
c. Switching Cost
d. Brand Identity
16. What is a unified, comprehensive & integrated plan designed to assure that basic
objectives of enterprise are achieved?
a. Strategy
b. Execution
c. Monitoring
d. Management
17. Rivals firms, operating in the same industry rely on different __________ due to their
strategic choice
a. Mission
b. Goals & Objective
c. Business Definition
d. Business Model
e.
18. Best-worded ______ statement clearly & crisply illuminates direction in which
organization is headed.
a. Vision
b. Mission
c. Goals
d. Objective
19. Which of these refers to a strategy where the business seeks to sell its existing products
into new market & this can be achieved by new product packaging, distribution channel
etc?
a. Market Penetration
b. Market Development
c. Product Development
d. Diversification
20. Which strategy is adopted by organization when if it chooses to focus on ways & means
to reserve process of decline?
a. Turnaround
b. Expansion
c. Stability
d. Stratification
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Sample Questions for Practice
22. Which is a relationship between two or more businesses that enables each to achieve
certain strategic objectives which neither would be able to achieve on its own?
a. Diversification
b. Acquisition
c. Strategic Alliance
d. Merger
25. Which strategy has its objective to sell or liquidate the business because resources
can be better used elsewhere?
a. Build
b. Hold
c. Harvest
d. Divest
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