Classical

JUNE 2013 - Paper 2

36:  
In context of Industry Analysis which matrix allows strategists to summarise and evaluate economic, social, cultural, demographic, environmental, political, governmental, legal, technological and competitive information?
A.

EFE Matrix

B.

CPM Matrix

C.

BCG Matrix

D.

IFE Matrix

 
 

Option: A

Explanation :


37:  
Which among the following best describes the process of gaining competitive advantage in a firm ?
A.
Strengths --> Weaknesses --> Distinctive Competencies --> Competitive Advantage
B.

Weaknesses --> Strengths --> Distinctive Advantages--> Competitive Advantage

C.

Weaknesses --> Strengths --> Distinctive Competencies--> Competitive Advantage

D.

Distinctive Competencies--> Weaknesses --> Strengths --> Competitive Advantage

 
 

Option: C

Explanation :


38:  
According to Porter, the nature of competitiveness in a given industry can be viewed as a composite of the following five forces :
1. Rivalry among competing firms.
2. Potential entry of new competitors.
3. Potential development of substitute products.
4. Bargaining power of suppliers.
5. Bargaining power of consumers.
Identify the force which is central (most powerful) to remaining four :
A.
Potential development of substitute products.
B.

Potential entry of new competitors.

C.

Bargaining power of consumers.

D.

Rivalry among competing firms.

 
 

Option: A

Explanation :


39:  

Match the following:

        Organizational Structure

     Advantage

 a. Functional Structure

1. Clarity of project objectives

 b. Divisional Structure

2. Smooth delegation of authority and responsibility

 c. Matrix Structure

3. Simple and unexpensive

 d. Strategic Business Unit (SBU)

4. Ease of fixing accountability

 

A.

a   b   c   d

1   2   3   4

B.

a   b   c   d

3   4   1   2

C.

a   b   c   d

3   4   2   1

D.

a   b   c   d

4   3   1   2

 
 

Option: A

Explanation :


40:  
A sound business opportunity is the result of appropriate interaction between:
A.

needs of the society .

B.

capabilities of an entrepreneur

C.

resources available in the environment

D.

All of the above

 
 

Option: D

Explanation :




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