vu mgt603 Final Term - Quiz No.5
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: Adding new but unrelated products or services for appealing present customers is known as:
Forward integration
Backward integration
Conglomerate diversification
Horizontal diversification
Question 3: How many parts are there of resource allocation plan?
Two
Three
Four
Five
Question 4: Business units that have low market share and are operating in slow-growing industry should choose all of the following EXCEPT:
Distribution efficiency
Production efficiency
new investments
Product innovation
Question 5: Which of the following is best identified as being an adaptation of the divisional structure?
Vertical Integration
Strategic business units
Joint venture
None of the given options
Question 7: Which stage of the strategy-formulation framework focuses on generating feasible alternative strategies?
Input
Output
Decision
Matching
Question 8: Which of these is not one of the tests used to determine whether a performance-pay plan will benefit an organization?
Do employees understand the plan?
Is the plan improving communications?
Does the plan pay out when it should?
Does the plan reduce management layers?
Question 9: SPACE matrix stands for:
Strategic position and action evaluation matrix
Strategic power and commerce evaluation matrix
Strategy performance and activity evaluation matrix
Strategy position and competitiveness evaluation matrix
Question 10: Reasons due to which some firms do "No Strategic Planning" incorporate all of the following EXCEPT:
Wastage of time
Fire-fighting
Content with success
Privileged reward structures
