Classical

Corporate Strategy - Corporate Strategy Multiple Choice Questions

41:  

Which statement is true about goal?

A.

Goal setting gives base to a company for long term existence

B.

Goal is an equipment to measure of execution, it provides clear measure for control. These measures are accepted by most of the people.

C.

Goal setting is helpful in decision-making

D.

All of the above

 
 

Option: D

Explanation :


42:  

"Mission is the fundamental work given by the society to an organisation." Who said?

A.

Koontz and O'Donnell

B.

Daulton E. McFarland

C.

Thomspon

D.

All of the above

 
 

Option: A

Explanation :


43:  

Strategic Management involves

A.

The determination of the organiation's mission, strategic policies and strategic objectives

B.

Cost

C.

The determination of price of the product and service

D.

Planning with high cost

 
 

Option: A

Explanation :


44:  

The pattern of diversification includes

A.

Vertical diversification

B.

Market diversification

C.

Product diversification

D.

All of the above

 
 

Option: D

Explanation :


45:  

Which is the reasons for change of a firm from concentration strategies?

A.

Overconfidence

B.

Pressure to use idle capacity

C.

Temptations of diversification

D.

All of the above

 
 

Option: D

Explanation :




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