Dell Inc. began producing smart phones, which are similar to Apple’s iPhone. Dell Inc. is following which one of the following type of strategy?

• A) Horizontal diversification
• B) Unrelated diversification
• C) Product development
• D) Related diversification

Cola Next introduces its products in the Gilgit-Baltistan region is an example of?

• A) Market development
• B) None of the given options
• C) Product development
• D) Market penetration

If ‘Rafhan Foods’ launches a new ‘Kheer’ recipe in its custard brand series, it will be an example of which strategy?

• A) Divestiture
• B) Concentric Diversification
• C) Retrenchment
• D) Conglomerate Diversification

A firm’s division with a high relative market share position in a low-growth industry can be referred to which of the following category?

• A) Star
• B) Dog
• C) Question mark
• D) Cash cow

Business units that have low market share and are operating in slow-growing industry should choose all of the following EXCEPT:

• A) New investments
• B) Distribution efficiency
• C) Production efficiency
• D) Product innovation

Following are the examples of actions taken while implementing strategies EXCEPT:

• A) Establishing cost-control procedures
• B) Developing financial budgets
• C) Altering sales territories
• D) Conducting the SWOT analysis

In the SPACE analysis, what does (-1, -5) strategy profile portray?

• A) A highly competitive firm operating in an unstable environment
• B) A financially strong firm operating in an unstable environment
• C) A firm with weak competitiveness operating in stable environment
• D) A highly competitive firm operating in a weak industry

In the SPACE analysis, what does (+6, +3) strategy profile portray?

• A) A stable environment with strong financial strength
• B) A strong industry with strong financial strength
• C) A stable environment for highly competitive firm
• D) A strong industry operating in stable environment

The Strategic Position and Action Evaluation (SPACE) Matrix falls in which one of the following stages in comprehensive strategy formulation framework?

• A) Stage-2 (Matching stage)
• B) Stage-3 (Decision stage)
• C) Stage-1 (Input stage)
• D) Stage-1 & 2

The SPACE matrix of XYZ company shows that the coordinates of its directional vector are (-5, -5). What strategy would you recommend for the ABC Company?

• A) Concentric diversification
• B) Joint venture
• C) Backward integration
• D) Market development

The last remedy for Quadrant II firm is to follow which strategy?

• A) Divestiture
• B) Market development
• C) Forward integration
• D) Horizontal integration

Which of the following is NOT an advantage of a functional structure?

• A) Quick access to technical expertise
• B) Centralized decision making and accountability
• C) Excellent Communication and coordination
• D) Increased capacity for specialization

Which of the following are Porter's generic strategies?

• A) Low price, differentiation, focus
• B) Price leadership, differentiation, focus
• C) Low cost, differentiation, focus differentiation
• D) Cost leadership, differentiation, focus

In the SPACE analysis, what does (+7, -6) coordinates depict?

• A) A highly competitive firm operating in an unstable environment
• B) A firm operating in a strong industry with an unstable environment
• C) A financially strong firm operating in an unstable environment
• D) A firm operating in a strong industry with a stable environment

Which of the following is a strategy in which companies create a co-owned business that operates for their mutual benefit?

• A) Joint venture
• B) Retrenchment
• C) Divestiture
• D) Liquidation

The Internal-External (IE) Matrix falls in which one of the following stages in comprehensive strategy formulation framework?

• A) Stage-3 (Decision stage)
• B) Stage-1 & 2
• C) Stage-1 (Input stage)
• D) Stage-2 (Matching stage)

Which of the following is more concerned with employee and customer well-being than shareholder well-being?

• A) Benchmarking
• B) E-engineering
• C) Reengineering
• D) Restructuring

Which one of the following is not an approach to resolve conflicts?

• A) Ignorance
• B) Diffusion
• C) Avoidance
• D) Confrontation

Identify the effective strategy when a firm’s products are currently in the declining stage of the product’s life cycle.

• A) Horizontal diversification
• B) Related diversification
• C) Retrenchment
• D) Unrelated diversification

Which cell of the SWOT Matrix involves matching internal strengths with external opportunities?

• A) The SO cell
• B) The SW cell
• C) The ST cell
• D) The WT cell