Question 1

SWOT analysis should appraise a firms _________________________________

Accepted Answer

A) Strengths 
B) Weaknesses 
C) Opportunities 
D) Threats 
E) All of these 
A) Strengths 
B) Weaknesses 
C) Opportunities 
D) Threats 
E) All of these E

Question 2

Strength and weakness analysis includes _____________________

Accepted Answer

A) Identifying strength and weakness 
B) Strategic cost analysis. 
C) Distinctive competencies 
D) Strategic cost analysis 
E) All of these 
A) Identifying strength and weakness 
B) Strategic cost analysis. 
C) Distinctive competencies 
D) Strategic cost analysis 
E) All of these E

Question 3

Which is the basic mode of strategic thinking

Accepted Answer

A) Intuition mode 
B) The entrepreneurial mode 
C) The adaptive mode 
D) Integrated mode 
E) All of these 
A) Intuition mode 
B) The entrepreneurial mode 
C) The adaptive mode 
D) Integrated mode 
E) All of these E

Question 4

Strength cover ____________________

Accepted Answer

A) Highly skilled personnel 
B) Advantages of tax concessions 
C) Effective sales force 
D) All of these 
E) None of these 
A) Highly skilled personnel 
B) Advantages of tax concessions 
C) Effective sales force 
D) All of these 
E) None of these

Question 5

Which is the stage of strategic management?

Accepted Answer

A) Strategic formulation 
B) Strategy implementation 
C) Strategy evaluation 
D) All of these 
E) None of these 
A) Strategic formulation 
B) Strategy implementation 
C) Strategy evaluation 
D) All of these 
E) None of these

Question 6

Concept of entrepreneurship includes ________________________

Accepted Answer

A) Risk bearing capacity 
B) A function of organization and coordination 
C) Managerial skill 
D) Innovation ability 
E) All of these 
A) Risk bearing capacity 
B) A function of organization and coordination 
C) Managerial skill 
D) Innovation ability 
E) All of these

Question 7

Which is the issue of strategy implementation?

Accepted Answer

A) Project implementation 
B) Procedural implementation 
C) Organizational structure 
D) Entrepreneurial structure 
E) All of these 
A) Project implementation 
B) Procedural implementation 
C) Organizational structure 
D) Entrepreneurial structure 
E) All of these

Question 8

Entrepreneurship includes ___________________________

Accepted Answer

A) Risk 
B) Innovation 
C) Ability of organization construction 
D) Leadership 
E) All of these 
A) Risk 
B) Innovation 
C) Ability of organization construction 
D) Leadership 
E) All of these

Question 9

Strength includes ______________________________

Accepted Answer

A) Low cost of production 
B) Better product quality 
C) Product innovation skills 
D) All of these 
E) None of these 
A) Low cost of production 
B) Better product quality 
C) Product innovation skills 
D) All of these 
E) None of these

Question 10

Which is the component of retrenchment strategy?

Accepted Answer

A) Turnaround strategy 
B) Divestment strategy 
C) Liquidation strategy 
D) All of these 
E) None of these 
A) Turnaround strategy 
B) Divestment strategy 
C) Liquidation strategy 
D) All of these 
E) None of these

Question 11

Strategic management includes __________________

Accepted Answer

A) Vision 
B) Mission 
C) Objectives 
D) Strategy 
E) All of these 
A) Vision 
B) Mission 
C) Objectives 
D) Strategy 
E) All of these

Question 12

________________thus reflects managerial choices and directions among alternatives and provides the answer of how to achieve the targeted results in the light of organization's mission and prospects

Accepted Answer

A) A vision 
B) A mission 
C) A strategy 
D) A goal 
E) An objective 
A) A vision 
B) A mission 
C) A strategy 
D) A goal 
E) An objective

Question 13

Which is the part of concept of entrepreneurship?

Accepted Answer

A) Group level reaction 
B) Organization building 
C) High achievement capacity 
D) All of these 
E) None of these 
A) Group level reaction 
B) Organization building 
C) High achievement capacity 
D) All of these 
E) None of these

Question 14

Weakness are ___________________

Accepted Answer

A) Defective marketing 
B) High capital cost 
C) No patent right 
D) Ineffective inventory control system 
E) All of these 
A) Defective marketing 
B) High capital cost 
C) No patent right 
D) Ineffective inventory control system 
E) All of these

Question 15

Weaknesses include _________________

Accepted Answer

A) Lack of external relationships 
B) Low skilled personnel 
C) Inadequate use of production capacity 
D) No patent right 
E) All of these 
A) Lack of external relationships 
B) Low skilled personnel 
C) Inadequate use of production capacity 
D) No patent right 
E) All of these

Question 16

Business is affected by technological environment to a large extent because it affect the ________________________

Accepted Answer

A) Fund of a firm 
B) Profit of a firm 
C) Product of the firm 
D) Operations of the company 
E) Profit 
A) Fund of a firm 
B) Profit of a firm 
C) Product of the firm 
D) Operations of the company 
E) Profit

Question 17

Strategy is related with _____________________

Accepted Answer

A) Choice and operation of road 
B) Fund 
C) Cost 
D) Profit and management 
E) Choice and direction of an organization 
A) Choice and operation of road 
B) Fund 
C) Cost 
D) Profit and management 
E) Choice and direction of an organization

Question 18

Opportunities are _____________________________

Accepted Answer

A) Global market 
B) Cost advantage 
C) Lack of govt regulation 
D) All of these 
E) None of these 
A) Global market 
B) Cost advantage 
C) Lack of govt regulation 
D) All of these 
E) None of these

Question 19

Which is an alternatives objective of SBUs as per Kotler?

Accepted Answer

A) Build 
B) Hold 
C) Harvest 
D) Divest 
E) All of these 
A) Build 
B) Hold 
C) Harvest 
D) Divest 
E) All of these

Question 20

Internal environment of an organization includes _______________________

Accepted Answer

A) Market value 
B) Exchange price 
C) Political system 
D) Weaknesses 
E) International laws 
A) Market value 
B) Exchange price 
C) Political system 
D) Weaknesses 
E) International laws

SWOT analysis should appraise a firms _________________________________

Strength and weakness analysis includes _____________________

Which is the basic mode of strategic thinking

Strength cover ____________________

Which is the stage of strategic management?

Concept of entrepreneurship includes ________________________

Which is the issue of strategy implementation?

Entrepreneurship includes ___________________________

Strength includes ______________________________

Which is the component of retrenchment strategy?

Strategic management includes __________________

________________thus reflects managerial choices and directions among alternatives and provides the answer of how to achieve the targeted results in the light of organization's mission and prospects

Which is the part of concept of entrepreneurship?

Weakness are ___________________

Weaknesses include _________________

Business is affected by technological environment to a large extent because it affect the ________________________

Strategy is related with _____________________

Opportunities are _____________________________

Which is an alternatives objective of SBUs as per Kotler?

Internal environment of an organization includes _______________________

Business Policy, Strategic Management, and Entrepreneurship

Entrepreneurship: Types, Elements, and Objectives

Creativity, Entrepreneurship, and Plant Layout

Filters

Exam 2: The Importance and Components of Strategic Management and Entrepreneurship

SWOT analysis should appraise a firms _________________________________

Strength and weakness analysis includes _____________________

Which is the basic mode of strategic thinking

Strength cover ____________________

Which is the stage of strategic management?

Concept of entrepreneurship includes ________________________

Which is the issue of strategy implementation?

Entrepreneurship includes ___________________________

Strength includes ______________________________

Which is the component of retrenchment strategy?

Strategic management includes __________________

________________thus reflects managerial choices and directions among alternatives and provides the answer of how to achieve the targeted results in the light of organization's mission and prospects

Which is the part of concept of entrepreneurship?

Weakness are ___________________

Weaknesses include _________________

Business is affected by technological environment to a large extent because it affect the ________________________

Strategy is related with _____________________

Opportunities are _____________________________

Which is an alternatives objective of SBUs as per Kotler?

Internal environment of an organization includes _______________________

Business Policy, Strategic Management, and Entrepreneurship

Entrepreneurship: Types, Elements, and Objectives

Creativity, Entrepreneurship, and Plant Layout

Filters