Symbiosis International Education Centre 2009 M.B.A Human Resource Management Strategic Management - exam paper

 Select The Blank

  Question  

Module of Flotilla strikes an optimum balance of ________ and flexibility

  Correct Answer  

Standardisation

  Your Answer  

Standardisation

 Multiple Choice Multiple Answer

  Question  

Organizational models are

  Correct Answer  

multinational model , international model , global organizational model

  Your Answer  

international model , global organizational model , multinational model

 Multiple Choice Multiple Answer

  Question  

Three important managerial qualities required for the effective strategic management

  Correct Answer  

Conceptual, human & intellectual skills , Decision making ability , Vision

  Your Answer  

Conceptual, human & intellectual skills , Decision making ability , communication skills

 Multiple Choice Single Answer

  Question  

Secondary sources of information are

  Correct Answer  

newspapers, magazines, journals etc.

  Your Answer  

newspapers, magazines, journals etc.

 Match The Following

 True/False

  Question  

Arranging training program on productivity is a strategic decision.

  Correct Answer  

False

  Your Answer  

False

 True/False

  Question  

According to Michael Porter, the core of efficiency management is strategy.

  Correct Answer  

True

  Your Answer  

False

 Match The Following

 Multiple Choice Multiple Answer

  Question  

These people are primarily responsible for operating control based on budgeting, reporting and financial analysis

  Correct Answer  

Company secretary , Auditor , Financial controller

  Your Answer  

Company secretary , Chartered accountant , Financial controller

 True/False

  Question  

Divestiture is opposed to diversification.

  Correct Answer  

False

  Your Answer  

False

 Multiple Choice Single Answer

  Question  

It concentrates on organisation design and work flow

  Correct Answer  

Flotilla

  Your Answer  

Systems approach

 Multiple Choice Single Answer

  Question  

Strategic management is concerned with

  Correct Answer  

long- range planning

  Your Answer  

long- range planning

 True/False

  Question  

Three C's affecting today's companies are customer, competition & change

  Correct Answer  

True

  Your Answer  

True

 Multiple Choice Multiple Answer

  Question  

How does 'structure' reduce external uncertainity arising out of human behaviour

  Correct Answer  

Research and planning , Forecasting

  Your Answer  

Research and planning , Forecasting

 Select The Blank

  Question  

GATT stands for ________.

  Correct Answer  

general agreement on trade & tariff

  Your Answer  

global agreement on trade & taxes

 Select The Blank

  Question  

Control should involve________ amount of information.

  Correct Answer  

Minimum

  Your Answer  

Formal

 Multiple Choice Multiple Answer

  Question  

The preparation of ETOP involves

  Correct Answer  

dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.

  Your Answer  

dividing environment into sectors , sub factors , analyze impact of each sector & sub factor on organization , description of impact of each subfactor into a statement which is positive, neutral or negative.

 Multiple Choice Single Answer

  Question  

Corporate strategy ensures

  Correct Answer  

fit between the firm and its environment

  Your Answer  

Easy availability of resources

 Multiple Choice Multiple Answer

  Question  

What is Statistical Quality Control(SQC)

  Correct Answer  

Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur

  Your Answer  

Identifies quality and productivity from a production process , Identifies impact of any change on performance , Instantly spots malfunctions and show where they occur

 Select The Blank

  Question  

________cost accounting measures the cost of producing and ignores the cost of non-producing

  Correct Answer  

Traditional

  Your Answer  

Traditional

 Multiple Choice Multiple Answer

  Question  

The control process requires the following types of information

  Correct Answer  

Planned performance , Variances , Reasons

  Your Answer  

Planned performance , Variances , Reasons

 Multiple Choice Single Answer

  Question  

Knowledge of the relationships between choices, environment & outcomes is

  Correct Answer  

familiarity

  Your Answer  

familiarity

 Multiple Choice Single Answer

  Question  

The process of forecasting an organization's future demands for and supply of right type of people in right number is

  Correct Answer  

Man-power planning

  Your Answer  

Man-power planning

 Select The Blank

  Question  

A hardware manufacture enters into software is an example of ________integration.

  Correct Answer  

vertical ( forward )

  Your Answer  

horizontal

 Multiple Choice Single Answer

  Question  

Mission

  Correct Answer  

philosophy, public image

  Your Answer  

target

 Multiple Choice Single Answer

  Question  

These people are charged with the responsibility of continuous screening of performance?

  Correct Answer  

Audit committee

  Your Answer  

Audit committee

 Select The Blank

  Question  

Companies employ trained ________ to develop "competency models" to identify potential leaders

  Correct Answer  

Psychologists

  Your Answer  

Psychologists

 Multiple Choice Single Answer

  Question  

Financial environment is concerned with

  Correct Answer  

demand & supply of money, capital markets

  Your Answer  

demand & supply of money, capital markets

 Select The Blank

  Question  

ETOP stands for ________.

  Correct Answer  

environmental threat & opportunity profile

  Your Answer  

environmental threat & opportunity profile

 True/False

  Question  

The key principle of moral management is "Can we make money with this action decision or behaviour"?

  Correct Answer  

False

  Your Answer  

False

 Multiple Choice Multiple Answer

  Question  

supplier & technological environment is concerned with

  Correct Answer  

quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

  Your Answer  

quality & no. of suppliers , logistics , raw material , trends and rate of change of technology

 Multiple Choice Single Answer

  Question  

They are ultimately responsible for all the administrative aspects of strategic evaluation and control

  Correct Answer  

Chief executive

  Your Answer  

Chief executive

 Multiple Choice Single Answer

  Question  

Empower people through great software anytime , any place, on any device'- Microsoft

  Correct Answer  

vision

  Your Answer  

vision

 Multiple Choice Single Answer

  Question  

Strategic management deals with

  Correct Answer  

Business process

  Your Answer  

Business process

 Multiple Choice Multiple Answer

  Question  

The various models of social responsibility are

  Correct Answer  

Austere Model , Vendors Model , Civic Model

  Your Answer  

Austere Model , Vendors Model , Civic Model

 True/False

  Question  

All policies are 'statements'

  Correct Answer  

False

  Your Answer  

False

 Multiple Choice Single Answer

  Question  

Associated external agencies means

  Correct Answer  

channel members, customers, suppliers etc.

  Your Answer  

channel members, customers, suppliers etc.

 Multiple Choice Multiple Answer

  Question  

Attack strategies are

  Correct Answer  

frontal attack , flank attack , encirclement attack

  Your Answer  

frontal attack , flank attack , encirclement attack

 True/False

  Question  

Standards of performance act as the benchmark against which the actual performance is compared.

  Correct Answer  

True

  Your Answer  

True

 Select The Blank

  Question  

ETOP stands for ________.

  Correct Answer  

environmental threat & opportunity profile

  Your Answer  

environmental threat & opportunity profile

 Multiple Choice Single Answer

  Question  

Strategic management is mainly the responsibility of

  Correct Answer  

Top Management

  Your Answer  

Top Management

 Multiple Choice Single Answer

  Question  

Core purpose

  Correct Answer  

mission

  Your Answer  

mission

 True/False

  Question  

Micro environment is the internal environment of a company.

  Correct Answer  

False

  Your Answer  

True

 True/False

  Question  

Business ethics is how personal norms do not apply to activities & goals of a commercial firm.

  Correct Answer  

False

  Your Answer  

False

 Select The Blank

  Question  

________ is a modern plant consisting of modules centered around a stage in the production process

  Correct Answer  

Flotilla concept

  Your Answer  

Flotilla concept

 Multiple Choice Multiple Answer

  Question  

Factors to be considered in political- legal environmental scanning are

  Correct Answer  

govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure , import-export

  Your Answer  

govt. policies, stability, philosophy of govt. , legal system, implementation, infrastructure

 True/False

  Question  

The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."

  Correct Answer  

True

  Your Answer  

True