FSM - CS Executive - Chapter-12 (MCQ's)






 

1. How often should strategic management activities be performed? (DEC 2019)

(a) Annually

(b) Quarterly

(c) Monthly

(d) Continuously

Option D



2. Which of the following is a force in the Porter’s five forces model of industry attractiveness? (DEC 2019)

(a) Bargaining power of suppliers

(b) Competitive market

(c) Low cost for customers

(d) Opportunity for substitutes

Option A



3. What is the term for the monitoring of events both internal and external to the organization that effects strategy? (DEC 2020)

(a) Operational control

(b) Strategic control

(c) Strategic surveillance

(d) Environmental scanning

Option D



4. What is the term for the action in which managers at an organization analyse the current situation of their organization and then develop plans to accomplish its mission and achieve its goals? (DEC 2020)

(a) Synergy planning

(b) Strategy formulation

(c) Functional planning

(d) SWOT analysis

Option B



6. In the business,Macro environment factor,what does PEST stand for? (DEC 2020)

(a) Political,environmental,strategic,testing

(b) Political,environmental,strategic,technological

(c) Political,economic,strategic,technological

(d) Political,economic,social,technological

Option D



7. Which one of the following is not part of the Porter’s Five Forces model? (AUG 2021)

(A) Rivalry among shareholders

(B) Bargaining power of suppliers

(C) Rivalry among present competitors

(D) Bargaining power of buyers

Option A



8. Which of the following is not considered as a major elements of the strategic management process? (AUG 2021)

(A) Environmental Scanning

(B) Implementing strategy

(C) Evaluating strategy

(D) Assigning administrative tasks

Option D



9. Which of the following is a part of Macro Business environment? (AUG 2021)

(A) Suppliers

(B) Customers

(C) Competitors

(D) Technology

Option D



10. Threat to New Entrants to the industry is very low when: (AUG 2021)

(A) Smaller capital is required to make an entry

(B) Existing firms do not have strong brand value

(C) There is no or little government regulation

(D) Customer switching costs are high

Option D



11. Rivalry among competitors in an industry is NOT intensed when: (AUG 2021)

(A) There are several competitors

(B) High customer loyalty is existing

(C) Exit barriers are high

(D) Products can be easily substituted

Option B



12. GE Nine-cell Matrix is based on: (AUG 2021)

(A) Market growth rate and relative market share

(B) Market growth rate and business strength

(C) Market attractiveness and relative market share

(D) Market attractiveness and business strength

Option D



13. Profitability stemming from how well a firm positions itself in the market is a keyfeature of which writer’s view on strategy? (DEC 2020)

(a) Peter Drucker

(b) Jay Barney

(c) Michael Porter

(d) Henry Mintzberg

Option C



14. Porter’s Value Chain is essentially a tool for: (DEC 2020)

(a) Calculating what a firm is worth

(b) Advising firms on how to price their products

(c) Identifying the competitive forces within an industry

(d) Diagnosing and enhancing sources of competitive advantage within an organization

Option D



15. …………………… refers to key strategic leadership roles in which a leader quickly and clearly works through the complexity of key issues problem and opportunities to affect actions. (DEC 2020)

(a) Navigator

(b) Strategist

(c) Captivator

(d) Enterprise Guardian

Option A



16. Select the correct sequence of the four phases of strategic management process: (DEC 2021)

(A) Strategy Formulation → Strategy Implementation → Environmental scanning →Strategyevaluation

(B) Environmental scanning → Strategy formulation → Strategy Implementation

(C) Environmental scanning → Strategy formulation → Strategy Implementation → Strategyevaluation

(D) Strategy Implementation → Environmental scanning → Strategy Implementation

Option C



17. A company secretary in today’s era while discharging his or her professional obligationshas to perform several roles; from the following list out the roles to be performed by a company secretary. (DEC 2021)

(1) Advisory

(2) Compliances

(3) Flawless disclosure and reporting

(4) Communication with stakeholders(A) 1,2,3,4

(B) 1,2,4

(C) 1,2,3

(D) 2,3,4

Option A



18. The Professor Michael Porter’s five forces factors are (1) Threat of new entry (2)Supplierpower (3) Buyer power (4) ………….. (5) …………… (DEC 2021)

(A) Negotiation skill,Market Alternatives

(B) Threat of substitutes,Poor marketing network

(C) Threat of substitutes,Rivalry among existing competitors

(D) Marketing Plan,Advertisement budget

Option C



19. The strategy formulation is largely a/an …………… process whereas strategyimplementation is more operational in character. (DEC 2021)

(A) Intellectual

(B) Conceptual

(C) Analytical

(D) Strategy

Option A



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