When both divestiture and retrenchment have been pursued unsuccessfully, which of the following strategies is effective to pursue?

• A) Liquidation
• B) Takeover
• C) Merger
• D) Forward integration

You are asked to prepare the IE Matrix of Roxon Incorporation. Your findings reveal that its Southern division falls in IX cell of IE Matrix. How will you interpret your findings?

• A) It can be managed best with Grow and Maintain strategies
• B) It can be managed best with Hold and Maintain strategies
• C) It can be managed best with Harvest or divest strategies
• D) It can be managed best with Grow and Build strategies

Which one of the following is/are included in Michael Porter's generic strategies?

• A) All of the given options
• B) Differentiation
• C) Cost leadership
• D) Focus

In which one of the following matrix where strategists requires to integrate all the internal and external factors into the decision process?

• A) SPACE Matrix
• B) GS Matrix
• C) BCG
• D) QSPM

All of the following are the advantages of functional structure of an organization EXCEPT:

• A) Minimizes career development
• B) Simple and Inexpensive
• C) Allows for rapid decision making
• D) Minimizes need for elaborate control system

Which of the following is the last step in the development of QSPM?

• A) Compute the Sum Total Attractiveness Score
• B) Assigning weights to each key external and internal factor
• C) Determining the Attractiveness Scores for each strategy
• D) Developing a list of the firm’s key external and internal factors

On the x-axis of the IE Matrix, an IFE total weighted score of a firm is 3.5 represents that firm has:

• A) A strong internal position
• B) A weak internal position
• C) A strong external position
• D) A weak external position

Which matrix is included in the decision stage of the strategy formulation framework?

• A) IE Matrix
• B) QSPM Matrix
• C) BCG Matrix
• D) SPACE Matrix

The SMART goal criteria ‘Relevant’ suggests which one of the following?

• A) Do you know exactly what you want to accomplish?
• B) Are you able to assess your progress?
• C) Is your goal relevant towards your purpose in life?
• D) What is the deadline for completing your goal?

What refers to a strategy of seeking ownership or increased control over a firm’s competitors?

• A) Horizontal integration
• B) Conglomerate diversification
• C) Concentric diversification
• D) Backward integration

ABC company is competing in an industry where the growth rate of that industry from year to year has reached or is close to zero, ABC is operating in which industry?

• A) Growing industry
• B) Declining industry
• C) Mature industry
• D) Emerging industry

In BCG matrix, identify the right quadrant for “Question Marks”.

• A) Quadrant I
• B) Quadrant II
• C) Quadrant IV
• D) Quadrant III

In which one of the following businesses, a firm’s cash needs are high while cash generation is low in BCG matrix portfolio?

• A) Dogs
• B) Stars
• C) Cash cows
• D) Question marks

What is the last stage of three-stage strategy formulation framework?

• A) Formulation
• B) Decision
• C) None of the given options
• D) Matching

According to Porter, which strategy offers products or services to a small range of customers at the lowest price available on the market?

• A) Low cost
• B) Cost focus
• C) Best value
• D) Differentiation

Which one of the following is the organizational structure that most of the medium-size organizations follow?

• A) Strategic business unit
• B) Functional structure
• C) Matrix structure
• D) Divisional structure

BCG matrix is used in matching stage of strategy formulation framework. It plots the business units along which of the following dimensions?

• A) Market share and industry strength
• B) Market growth rate and competitive position
• C) Market share and market growth rate
• D) Market growth rate and environment stability

Which term is referred as a central management activity that allows for strategy execution?

• A) Resource allocation
• B) Establishing objectives
• C) Policy-making
• D) Setting Goals

If the average score of a firm in financial strength (FS) & industry strength (IS) is +5 & +1, identify the strategic position of a firm while undertaking the SPACE Matrix.

• A) Conservative
• B) Defensive
• C) Competitive
• D) Aggressive

Which one of the following best describes “the product is often a basic no-frills product that is produced at a relatively low cost and made available to a very large customer base”?

• A) Differentiation
• B) Focus
• C) Cost leadership
• D) None of the given options