Business is affected by technological environment to a large extent because it affect the
| A. | Profit of firm |
| B. | Fund of the firm |
| C. | Product of the firm |
| D. | Operations of the company |
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Option: D Explanation : Click on Discuss to view users comments. |
Strategic management as distinct management process that involves
| A. | An organisation's engaging in strategic planning and then an acting on those plans |
| B. | An accounting system |
| C. | An organisation's activity in respect of finance |
| D. | An organisation |
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Option: A Explanation : Click on Discuss to view users comments. |
Match the following:
List-I (Types of Firm) List-II (Role)
(A) Troubled Firm 1. Disinvestment
(B) Threatened Firm 2. Vertical Integration
(C) Ideal Firm 3. Transformation
(D) Opportune Firm 4. Return
5. Merger
| A. | (A) (B) (C) (D) 1 2 3 4 |
| B. | (A) (B) (C) (D) 1 3 2 5 |
| C. | (A) (B) (C) (D) 3 1 2 4 |
| D. | (A) (B) (C) (D) 2 4 1 3 |
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Option: B Explanation : Click on Discuss to view users comments. |
Match the following
List-I (Thinkers) List-II (Books)
(A) Lloyd L. Byans 1. Strategy
(B) Cart. R. Anderson 2. Strategic Management : Planning and
Implementation
(C) Jauch and Glueck 3. Management
(D) Alfred D. Chandler 4. Business Policy and Strategic Management
5. Strategy and Structure
| A. | (A) (B) (C) (D) 1 2 3 4 |
| B. | (A) (B) (C) (D) 2 3 4 5 |
| C. | (A) (B) (C) (D) 3 4 2 1 |
| D. | (A) (B) (C) (D) 1 4 3 2 |
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Option: B Explanation : Click on Discuss to view users comments. |
All of the following are stated advantage of a divisional structure except
| A. | it allows local control of local situations |
| B. | it leads to a competitive climate within a firm |
| C. | accountability is clear |
| D. | it promotes specialization of labour. |
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Option: D Explanation : Click on Discuss to view users comments. |
