MCQ Bank
Which of the following factors can predict the stability or non-stability of the environment, the firm is operating in?
- A) Customer loyalty
- B) Financial stability
- C) Rate of inflation
- D) Ease of exit from market
The external environmental trends and events that could significantly harm an organization in the future may be known as:
- A) Threats
- B) Weaknesses
- C) Strengths
- D) Opportunities
Which of the following strategy should be perused first by the Irtiza Insurance Company as it is located in Quadrant III of the Grand Strategy Matrix?
- A) Diversification
- B) Divestiture
- C) Retrenchment
- D) Liquidation
Which term is preferable to be incorporated into written objective statements?
- A) 10% increased production
- B) Maximize profits
- C) Adequate capacity
- D) Minimize loss
If the average score of a firm in environmental stability (ES) & competitive advantage (CA) is -1 & -5, identify the strategic position of a firm while undertaking the SPACE Matrix.
- A) Competitive
- B) Defensive
- C) Aggressive
- D) Conservative
An organization’s division that has a low relative market share position and competes in a slow-growth industry is known as:
- A) Cash cow
- B) Dog
- C) Star
- D) Question mark
What type of strategies would you recommend when a firm’s SPACE Matrix directional vector has coordinates (-2, +3)?
- A) Conservative
- B) Aggressive
- C) Competitive
- D) Defensive
Which of the following is best identified as being an adaptation of the divisional structure?
- A) Strategic business units
- B) None of the given options
- C) Joint venture
- D) Vertical Integration
In BCG matrix, identify the right quadrant for “Stars”.
- A) Quadrant IV
- B) Quadrant II
- C) Quadrant III
- D) Quadrant I
‘Harvest or divest’ is one of the major regions of which of the following?
- A) Grand Strategy Matrix
- B) SPACE Matrix
- C) Internal-External Matrix
- D) Competitive Profile Matrix
Which of the following issues may not require a management policy?
- A) To operate on, two or more shifts
- B) To stress quality control greatly
- C) To discourage insider trading
- D) To increase motivational level
Which one of the following type of strategy that is also known as turnaround or reorganizational strategy?
- A) Product development
- B) Liquidation
- C) Divestiture
- D) Retrenchment
Which organizational structure has ambiguous roles for senior executives as a major disadvantage?
- A) Functional structure
- B) Strategic business unit
- C) Matrix structure
- D) Divisional structure
Which of the following strategy generally entails large research and development expenditures?
- A) Retrenchment
- B) Product development
- C) Forward integration
- D) Market penetration
Which one of the following leads to only allowing the other to "win" the conflict?
- A) No concern for either side's outcomes
- B) High concern for one's own and other party's outcomes
- C) High concern for the other party's outcomes
- D) High concern for one's own outcomes
When two organizations of about equal size unite to form one enterprise, which of the following takes place?
- A) Liquidation
- B) Divestiture
- C) Hostile takeover
- D) Merger
Which of the following strategies is not included in defensive strategies?
- A) Acquisition
- B) Retrenchment
- C) Liquidation
- D) Divestiture
Which one of the following best describes “firm concentrates on a few selected target markets”?
- A) Cost leadership
- B) Focus
- C) None of the given options
- D) Differentiation
AOL Europe is an example of?
- A) Liquidation
- B) Divestiture
- C) Retrenchement
- D) Joint venture
What is the product of weights and attractiveness scores for each strategy in QSPM?
- A) Sum total attractiveness scores
- B) Total weighted scores
- C) Weighted scores
- D) Total attractiveness scores