MCQ Bank
Which of the following are two negative-rated dimensions on SPACE Matrix?
- A) FS and IS
- B) CA and ES
- C) IS and ES
- D) FS and CA
Which of the following depicts the signs of strength of a company's competitive position?
- A) A debt-to-asset ratio below 0.50 and higher EPS.
- B) A strongly differentiated product, a strong or rising market share.
- C) A website with extensive information about the company and its product line.
- D) An annual R&D and advertising expenditures greater than $10 million.
Where an organization is considering development in an existing market with existing products it is pursuing which of the following strategy?
- A) Market penetration
- B) Market development
- C) Diversification
- D) Product development
All of the following are the indicators of industry strength for an organization EXCEPT:
- A) Geographic and product freedom
- B) Ease of entry into the market
- C) Control over suppliers
- D) Financial stability
Swan Shoes is a company that specializes in manufacturing stylish shoes. Its managers are trying to answer such questions as: What is the current situation of the company? Swan Shoes is most likely to conduct which one of the following?
- A) TOWS analysis
- B) WT analysis
- C) WS analysis
- D) OS analysis
Adding new, unrelated products or services for present customers is called/known as?
- A) Concentric diversification
- B) None of the given options
- C) Conglomerate diversification
- D) Horizontal diversification
In BCG growth-share matrix, which of the following would be most likely to possess a low market share and a high growth rate?
- A) Cash cow
- B) Dog
- C) Star
- D) Question mark
All of the following would be considered organizational skills and resources that will be used in differentiation strategy EXCEPT which one?
- A) Products designed for ease of manufacture
- B) Creative, talented and skilled personnel
- C) Strong research and development department
- D) Corporate reputation for quality and reliability
Which one of the following best describes the market penetration strategy?
- A) None of the given options
- B) Introducing present products or services into new geographic areas
- C) To increase market share for present products or services in the present markets through greater marketing efforts
- D) Seeking increased sales by improving or modifying present products or services
What can be the limitation of QSPM?
- A) The cost of doing the analysis is very high.
- B) Only a few strategies can be evaluated simultaneously.
- C) Intuitive judgments and educated assumption are required.
- D) It requires equal participation of everyone in organization.
According to the Grand Strategy Matrix, which strategy is recommended for a firm with rapid market growth and a strong competitive position?
- A) Retrenchment
- B) Conglomerate diversification
- C) Market penetration
- D) Joint venture
Microsoft is opening its own retail stores. It is following which one of the following type of strategies?
- A) Forward integration
- B) Backward integration
- C) Market penetration
- D) Horizontal integration
Focus strategy is also called:
- A) Magnifying Strategy
- B) Niche Strategy
- C) None of the given options
- D) Cost Leadership Strategy
Selling all of a company’s assets in parts for their tangible worth is known as:
- A) Joint venture
- B) Liquidation
- C) Integration
- D) Divestiture
A position vector with (-6, +6) coordinates describes which of the following statements regarding SPACE analysis matrix?
- A) A financially strong firm but competitively weak
- B) A financially as well as competitively weak firm
- C) A financially strong and highly competitively firm
- D) A financially weak and highly competitively firm
A strategy that seeks increased sales by improving or modifying present products or services is known as?
- A) Product development
- B) None of the given options
- C) Market penetration
- D) Market development
Which one of the following type of strategy may be effective only when a division of an organization is responsible for overall poor performance?
- A) Product development
- B) Liquidation
- C) Retrenchment
- D) Divestiture
Which one of the following generic strategy is adopted by Walmart inc?
- A) Differentiation
- B) Focus
- C) None of the given options
- D) Cost leadership
The reason to develop QSPM is to evaluate the alternative strategies derived from all of these EXCEPT:
- A) CPM Matrix
- B) Space Matrix
- C) BCG Matrix
- D) Grand Strategy Matrix
What will be the location of a firm in Grand strategy matrix, if it is operating in rapidly growing market and holds weak competitive position?
- A) Quadrant II
- B) Quadrant I
- C) Quadrant IV
- D) Quadrant III