vu mgt603 Final Term - Quiz No.16
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: All of the following tasks are performed by R&D employees and managers EXCEPT:
Transferring complex technology
Adapting processes to local markets
Adjusting process to local raw materials
Make sure the availability of resource
Question 2: Which of the following refers to determining the best capital structure for the company?
Restructuring decisions
Financing decisions
Strategic decision
Investment decision
Question 3: Which of the following is NOT a part of resource allocation plan?
Basic allocation decision
Contingency mechanisms
Primary allocation mechanism
None of the given options
Question 4: Test marketing is commonly applied by which of the following companies?
Industrial goods companies
Consumer goods companies
Public sector companies
Private sector companies
Question 5: What happens to the demand for discretionary goods when interest rates rise?
Rises
Declines
Remains the same
First rises then declines
Question 6: Which one of the following is not an approach to resolve conflicts?
Avoidance
Diffusion
Confrontation
Ignorance
Question 7: Which of these basic questions a vision statement answers?
What is our business?
Who are our employees?
What do we want to become?
Who are our competitors?
Question 8: Which component of a mission statement addresses the firm's distinctive competence or major competitive advantage?
Technology
Philosophy
Customers
Self-concept
Question 10: Which of the following are developed in strategy implementation phase of strategic management?
Vision and mission
Annual objectives
Strengths and weaknesses
Opportunities and threats
