Mgt603 - Quiz # 7

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Question # 10 of 10 ( Start time: 02:33:44 AM ) Total Marks: 1

Defensive strategies include all of the following EXCEPT:

Select correct option:



Retrenchment

Acquisition

Divestiture

Liquidation



Question # 9 of 10 ( Start time: 02:33:28 AM ) Total Marks: 1

All of the following are the outputs of a system EXCEPT:

Select correct option:



Tables

Charts

Data

Graphs



Question # 8 of 10 ( Start time: 02:32:37 AM ) Total Marks: 1

Which of the following is the first step in developing QSPM?

Select correct option:



Developing a list of the firm’s key external and internal factors.

Determining the Attractiveness Scores for each strategy.

Examine the Stage 2 matrices and identify alternative strategies.

Assigning weights to each key external and internal factor.



Question # 7 of 10 ( Start time: 02:31:14 AM ) Total Marks: 1

Which of the following is a way on the basis of which divisional structure can NOT be organized?

Select correct option:



By geographic area

By product or service

By customer

By technology



Question # 6 of 10 ( Start time: 02:30:39 AM ) Total Marks: 1

Product development involves going in the direction of which one of the following?

Select correct option:



Present products to present markets

Present products to new markets

New products to present markets

New products to new markets



Question # 5 of 10 ( Start time: 02:29:54 AM ) Total Marks: 1

The organizations that conduct business operations across national borders are known as which of the following?

Select correct option:



Domestic firms

Multinational corporations

Parent companies

Franchises



Question # 4 of 10 ( Start time: 02:28:29 AM ) Total Marks: 1

According to the Grand Strategy Matrix, which strategy is recommended for a firm with rapid market growth and a strong competitive position?

Select correct option:



Market penetration

Conglomerate diversification

Joint venture

Retrenchment



Question # 3 of 10 ( Start time: 02:27:18 AM ) Total Marks: 1

Which strategy is appropriate when an organization competes in an industry characterized by rapid technological developments?

Select correct option:



Retrenchment

Product development

Liquidation

Market penetration



Question # 2 of 10 ( Start time: 02:26:06 AM ) Total Marks: 1

A firm’s division with a high relative market share position in a low-growth industry can be referred to which of the following category?

Select correct option:



Star

Cash cow

Question mark

Dog



Question # 1 of 10 ( Start time: 02:24:53 AM ) Total Marks: 1

ABC Corporation can have competitive advantage over its competitor by taking all of the following actions EXCEPT:

Select correct option:



By increasing product quality

By having debt/equity ratio equals to 1

By altering product life cycle

By increasing customer base


……………………….

Question # 1 of 10 ( Start time: 12:03:33 AM )
Effective mission statements don’t have one of the following features:
Select correct option:


Generate range of feasible strategic alternatives

Reconcile interests among diverse stakeholders

What does the firm want to become

Provide criteria for selecting strategies

Question # 2 of 10 ( Start time: 12:04:10 AM )
Which of the following is the best example for acheiving long-term objectives?
Select correct option:


Strengths

Strategies

Policies

Opportunities

Question # 3 of 10 ( Start time: 12:04:44 AM )
Din Mohammad, a farmer sells his crops at the local market rather than to a distribution center. This action of Din Mohammad comes under which of the following?
Select correct option:


Backward integration

Product development

Forward integration

Horizontal integration

Question # 4 of 10 ( Start time: 12:05:17 AM )
Establishing and implementing ways of making things work is known as:
Select correct option:


Planning

Organizing

Leading

Controlling

Question # 5 of 10 ( Start time: 12:05:49 AM )
All of the following are the TRUE regarding pro forma financial statements EXCEPT:
Select correct option:


Assemble the results in profit and loss projections

Translate this data into cash-flow projections

Compare the resulting balance sheets

These are based on forecasted future data

Question # 6 of 10 ( Start time: 12:06:30 AM )
Which one of the following is the drawback of mass marketing?
Select correct option:


It reduces costs through economies of scale by the increased volume

It does not try to please all customers with same offering

It allows economies of scale to be realized through mass production

It offers same offering that is likely to be viewed as optimal by all customers

Question # 7 of 10 ( Start time: 12:06:50 AM )
Total weighted scores of IFE matrix below 2.5 characterizes an organizations as:
Select correct option:


Organization is externally weak

Organization is internally weak

Organization is internally strong

Organization is externally strong

Question # 8 of 10 ( Start time: 12:07:20 AM )
An organization’s division that has a low relative market share position and competes in a slow-growth industry is known as:
Select correct option:


Dog

Question mark

Star

Cash cow

Question # 10 of 10 ( Start time: 12:08:29 AM )
All of the following fall under the category of "Process” function of production management EXCEPT:
Select correct option:


Choice of technology

Quality assurance

Process flow analysis
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