vu mgt603 Final Term - Quiz No.13
vu mgt603 Strategic Management Quiz
This quiz belongs to book/course code vu mgt603 Strategic Management of vu organization. We have 17 quizzes available related to the book/course Strategic Management. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Final Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
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Question 1: In Competitive Profile Matrix, the rating 4 indicates what?
Major weakness
Major strength
Minor strength
Minor weakness
Question 2: Strategist is an individual who is involved in the strategic management process, thus may be known as:
Member board of director
President
Division manager
All of the given options
Question 3: Restructuring is also known as:
Up-sizing
Delayering
Diversifying
Integrating
Question 4: Which of the following is a deliberate plan of action, guidelines, methods, procedures to guide decisions and achieve rational outcome?
Annual objectives
Strategies
Policies
Goals
Question 5: Departmentalization can be done on the basis of many factors EXCEPT:
Functions
Number of employees
Strategic business units
Divisions
Question 6: Technological advancements can create which of the following advantage besides many other existing powerful advantages for the businesses?
Economic
Competitive
Social
Environmental
Question 7: The IE Matrix consists of how many cells?
Seven
Eight
Nine
Ten
Question 8: Which of these strategies is effective when the number of suppliers is small and the number of competitors is large?
Conglomerate diversification
Forward integration
Backward integration
Horizontal diversification
Question 9: What is a central strategy-implementation technique that allows an organization to examine the expected results of various actions and approaches?
Financial budgeting
TOWS analysis
Projected financial statement
External analysis
Question 10: Market segmentation is especially used in implementing strategies by which of the following firms?
Small firms
Medium-size firms
Large firms
All of these firms
