Question 1

______________is a set of rules aimed at taking decisions for substance and growth of an organization in a given environment

Accepted Answer

A) Marketing management 
B) Strategic management 
C) Accounting 
D) Financial management 
E) Plan 
A) Marketing management 
B) Strategic management 
C) Accounting 
D) Financial management 
E) Plan

Question 2

In strategic thinking how long is the long term approximately

Accepted Answer

A) 1 month to 1 year 
B) 2 to 3 years 
C) 3 to 5 years 
D) More than 5 years 
A) 1 month to 1 year 
B) 2 to 3 years 
C) 3 to 5 years 
D) More than 5 years

Question 3

The most likely problem encountered by innovative entrepreneurs in raising finance is

Accepted Answer

A) Limited security since R&D is an intangible asset 
B) The costs of the patenting system 
C) The exhaustion of personal equality in R&D 
D) Inability of potential external funders to understand technology 
A) Limited security since R&D is an intangible asset 
B) The costs of the patenting system 
C) The exhaustion of personal equality in R&D 
D) Inability of potential external funders to understand technology

Question 4

Strategy deals __________________

Accepted Answer

A) With demand 
B) With product 
C) With cost 
D) With choice and direction of an organization 
E) All of these 
A) With demand 
B) With product 
C) With cost 
D) With choice and direction of an organization 
E) All of these

Question 5

An advantage of a small firm in the innovation process

Accepted Answer

A) Ability to carry out R&D 
B) Ability to raise finance 
C) Ability of an entrepreneur to carry out multiple tasks 
D) Ability of an entrepreneur to act on new ideas or product development 
A) Ability to carry out R&D 
B) Ability to raise finance 
C) Ability of an entrepreneur to carry out multiple tasks 
D) Ability of an entrepreneur to act on new ideas or product development

Question 6

"Strategic management as the formulation and implementation of plans and carrying out of activities relating to the matters which one of vital pervasive or continuing importance to the total organization " who said it?

Accepted Answer

A) Sharplin 
B) Hofer and schendel 
C) Ansoff 
D) Lloyd L. Byans 
E) None of these 
A) Sharplin 
B) Hofer and schendel 
C) Ansoff 
D) Lloyd L. Byans 
E) None of these

Question 7

"Strategic management is a stream of decisions and actions which leads to the development of an effective strategy or strategies to help achieve corporate objectives" who said?

Accepted Answer

A) Boulton 
B) Sharplin 
C) Jauch & Glueck 
D) Loyd 
E) Anosff 
A) Boulton 
B) Sharplin 
C) Jauch & Glueck 
D) Loyd 
E) Anosff

Question 8

Firms located in science part compared to those located off science park are

Accepted Answer

A) More innovative 
B) Less innovative 
C) More or less innovative 
D) More growth oriented 
A) More innovative 
B) Less innovative 
C) More or less innovative 
D) More growth oriented

Question 9

The BCG matrix is based on

Accepted Answer

A) Industry attractiveness & business strength 
B) Industry growth rate & business strength 
C) Industry attractiveness & relative market share 
D) Industry growth rate & relative market share 
A) Industry attractiveness & business strength 
B) Industry growth rate & business strength 
C) Industry attractiveness & relative market share 
D) Industry growth rate & relative market share

Question 10

Which of the following is NOT on the three areas in which the importance of entrepreneurship can be shown?

Accepted Answer

A) Innovation 
B) No. of new start-ups 
C) Job creation and employment 
D) Bureaucracy 
A) Innovation 
B) No. of new start-ups 
C) Job creation and employment 
D) Bureaucracy

Question 11

The process of strategy management starts with ____________________

Accepted Answer

A) Determination of product 
B) Determination of price 
C) Determination of mission 
D) Firm 
E) Profit 
A) Determination of product 
B) Determination of price 
C) Determination of mission 
D) Firm 
E) Profit

Question 12

A mission includes ________________________

Accepted Answer

A) Distinctive from the firm 
B) Precise 
C) Feasible 
D) Motivating 
E) All of these 
A) Distinctive from the firm 
B) Precise 
C) Feasible 
D) Motivating 
E) All of these

Question 13

What does green symbolize in BCG matrix?

Accepted Answer

A) Invest and expand 
B) Select and earn 
C) Harvest and divest 
D) Both ( a) and (b) 
A) Invest and expand 
B) Select and earn 
C) Harvest and divest 
D) Both ( a) and (b)

______________is a set of rules aimed at taking decisions for substance and growth of an organization in a given environment

In strategic thinking how long is the long term approximately

The most likely problem encountered by innovative entrepreneurs in raising finance is

Strategy deals __________________

An advantage of a small firm in the innovation process

"Strategic management as the formulation and implementation of plans and carrying out of activities relating to the matters which one of vital pervasive or continuing importance to the total organization " who said it?

"Strategic management is a stream of decisions and actions which leads to the development of an effective strategy or strategies to help achieve corporate objectives" who said?

Firms located in science part compared to those located off science park are

The BCG matrix is based on

Which of the following is NOT on the three areas in which the importance of entrepreneurship can be shown?

The process of strategy management starts with ____________________

A mission includes ________________________

What does green symbolize in BCG matrix?

The Importance and Components of Strategic Management and Entrepreneurship

Entrepreneurship: Types, Elements, and Objectives

Creativity, Entrepreneurship, and Plant Layout

Filters

Exam 1: Business Policy, Strategic Management, and Entrepreneurship

______________is a set of rules aimed at taking decisions for substance and growth of an organization in a given environment

In strategic thinking how long is the long term approximately

The most likely problem encountered by innovative entrepreneurs in raising finance is

Strategy deals __________________

An advantage of a small firm in the innovation process

"Strategic management as the formulation and implementation of plans and carrying out of activities relating to the matters which one of vital pervasive or continuing importance to the total organization " who said it?

"Strategic management is a stream of decisions and actions which leads to the development of an effective strategy or strategies to help achieve corporate objectives" who said?

Firms located in science part compared to those located off science park are

The BCG matrix is based on

Which of the following is NOT on the three areas in which the importance of entrepreneurship can be shown?

The process of strategy management starts with ____________________

A mission includes ________________________

What does green symbolize in BCG matrix?

The Importance and Components of Strategic Management and Entrepreneurship

Entrepreneurship: Types, Elements, and Objectives

Creativity, Entrepreneurship, and Plant Layout

Filters