Classical

Corporate Strategy - Corporate Strategy Multiple Choice Questions

21:  

The average employee performance bonus is __________ percent of pay for individual performance, _________ percent of pay for group productivity, and _________ percent of pay for company-wide profitability.

A.

10.5; 5.5; 2.8

B.

6.8; 5.5; 6.4

C.

10.8; 8.5; 12.4

D.

15.4; 12.4; 10.4

 
 

Option: B

Explanation :

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22:  

Match the following

List-I (Types of Objective)                List-II (Concepts)

(A) Performance Objective                   1. Promotion in Position

(B) Individual Objective                       2. Production

(C) Improvement Objective                 3. Job Work

(D) Social Objective                             4. Pollution Control

                                                          5. Innovation

A.

(A) (B) (C) (D)

3    1    2    4

B.

(A) (B) (C) (D)

1    2    3    4

C.

(A) (B) (C) (D)

1    2    5    4

D.

(A) (B) (C) (D)

4    1    3    2

 
 

Option: A

Explanation :

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23:  

Which is the functional area of Strategic Management?

A.

Production or Operations

B.

Finance

C.

Marketing

D.

All of the above

 
 

Option: D

Explanation :

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24:  

____________ system is basically one of private enterprise in which decisions about what and how much to produce are left to discretion of owners and managers

A.

Political System

B.

Capitalistic Economic System

C.

Economic System

D.

Legal System

 
 

Option: B

Explanation :

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25:  

______ is a tool used to establish processes, costs and performance indicator and to compare them against identical organisations with the objectives of identifying and progressing towards 'best practice and best value' through continuous improvement.

A.

Cash Flow

B.

Fund Flow

C.

Strategic Management

D.

Bench Marking

 
 

Option: D

Explanation :

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