Classical

Corporate Strategy - Corporate Strategy Multiple Choice Questions

31:  

Match the following

List-I (Level of Strategy)      List-II (Areas)

(A) Operating Level              1. Plants Strategy

(B) Functional Level             2. Personnel Strategy

(C) Business Level                3. Particular Line Strategy of Business

(D) Corporate Strategy         4. Objectives

                                           5. Cost

A.

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

3    4    2    1

B.

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

1    2    5    4

C.

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

1    2    3    4

D.

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

1    5    4    3

 
 

Option: C

Explanation :

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32:  

Which statement is true?

A.

An offensive strategy, if successful, can open up a competitive advantage over competitors

B.

All firms are subject to attacks from competitors in a competitive environment

C.

A grand offensive involving several major initiatives may be sometimes launched by the aggressors

D.

There is a benefit period, after a successful competitive offensive.

 
 

Option: A

Explanation :

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33:  

In the context of strategic management resources can be defined as

A.

The knowledge and skills within the organisation

B.

Something that an organisation owns, controls or has access to on a semi-permanent basis

C.

The physical assets of the organisation

D.

None of the above

 
 

Option: A

Explanation :

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34:  

___________ is the managerial process of developing and maintaining a viable fit between the organisation's objectives, skills and resources and its changing market opportunities.

A.

Cost

B.

Product Oriented Strategic Planning

C.

Product

D.

All of the above

 
 

Option: D

Explanation :

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35:  

The corporate level management help each strategic business unit to define its

A.

goal of nature

B.

goal of production

C.

goal of firm

D.

scope of operation

 
 

Option: D

Explanation :

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