Which one of the following is weakness of MBO?

• A) Foster employee motivation
• B) Coordination of goals and plans
• C) Requires training of employees
• D) Clarify priorities and expectation

Which of the following is NOT a process for motivating employees through management by objectives (MBO)?

• A) Managers make performance appraisals of employees
• B) Managers set objectives for the employees
• C) Managers develop action plans
• D) Managers and employees periodically review the employee's performance

MBO (Management by Objective) makes______objectives by devising a process in which they cascade down through the organization.

• A) Strategic
• B) Realistic
• C) Directional
• D) Operational

Which quadrant of the BCG Matrix indicates products that have low market share in a slow-growing market?

• A) Dogs
• B) Question Marks
• C) Stars
• D) Cash Cows

Which of the following BEST describes directional plans?

• A) Meet the needs of a unique situation
• B) Identify general guidelines
• C) Last for 3–5 years
• D) Have clearly defined objectives

Budget is drafted to achieve the:

• A) Long-term goals
• B) Strategic goals
• C) Financial goals
• D) Short-term goals

Plans that provide guidelines for activities to be performed repeatedly like policy and procedure are called:

• A) Single use plans
• B) Short term plans
• C) Standing plans
• D) Contingency plans

Strategic management is the process of bringing about the strategy. The key activities in the strategic management process are:

• A) Formulation, analysis, evaluation
• B) Analysis, implementation, review
• C) Analysis, formulation, review
• D) Planning, implementation ,evaluation

Which one of the following is the future end results that usually set by middle management for specific department or unit?

• A) All of the given options
• B) Strategic goals
• C) Tactical goals
• D) Operational goals

"XYZ Company focuses solely on personal hygiene products like deodorant and body creams. What type of strategy is this?"

• A) Focus
• B) Prospecting
• C) Cost leadership
• D) Emergent

A strategy that promotes a superior alignment between the organization and its environment and the achievement of strategic goals, is called:

• A) Scope
• B) Deliberate strategy
• C) Effective strategy
• D) Emergent strategy

When objectives are not written down or rarely verbalized, and the planning is general and lacks continuity, which of the following types of planning is used?

• A) Informal planning
• B) Formal planning
• C) Economic planning
• D) Environmental planning

Which one of the following options is included in strategic plans?

• A) Financial information
• B) Benchmarking
• C) Participation from all levels
• D) The formulation of objectives

A comprehensive plan that coordinates a complex set of activities related to a major non-recurring goal is:

• A) Procedure
• B) Program
• C) Single use plan
• D) Policy

Which of the following is NOT one of Porter’s Five Forces?

• A) Bargaining power of suppliers
• B) Threat of new entrants
• C) Market saturation
• D) Competitive rivalry

Which of the following can be defined as the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives?

• A) Strategy implementation
• B) Strategy formulation
• C) Strategic management
• D) Strategy evaluation

Which of the following identifies the order of activities to be performed in order to achieve a particular goal?

• A) Linear programming
• B) Scheduling
• C) Break-even analysis
• D) Budgeting

Most managers believe that if an MBO (management by objective) program is to be successful, it must start at:

• A) Non-managerial level
• B) Top Level
• C) Lower level
• D) Middle level

Simulation model is:

• A) A number of stations draw from a single line
• B) A consistent view of what future is likely to be
• C) A mathematical imitation of reality
• D) A service provided at a single point

All of the following are the examples of the actions that can be taken in strategy implementation stage EXCEPT:

• A) Changing organization's pricing strategy
• B) Transferring managers among divisions
• C) Taking corrective action when needed
• D) Developing new employee benefits