Which type of strategies are those that are adopted without specific prior intention for most of the time and are adopted as a replacement of intended strategies?

• A) Burdensome strategy
• B) Emergent strategies
• C) Unrealized strategy
• D) Realized strategy

Which school of strategy formulation emphasized that strategy formation should be a deliberate process of conscious thought?

• A) The positioning school
• B) The entrepreneurial school
• C) The design school
• D) The planning school

Umbrella strategies can be categorized as,

• A) Deliberate Strategies
• B) Emergent Strategies
• C) None of the Above options
• D) Deliberately Emergent Strategies

Which lens of strategy assumes that managers have all information and they selectively execute, make experiences and then make strategy.

• A) None of the above options
• B) Experience Lens
• C) Idea Lens
• D) Design Lens

Which school of strategy formulation has been criticized because it detaches thinking from acting?

• A) The design school
• B) The entrepreneurial school
• C) The planning school
• D) The positioning school

The formulation-implementation dichotomy is a biggest issue in _____________

• A) The Design School
• B) The Positioning School
• C) The Entrepreneurial School
• D) The Planning School

Which school of strategic management emphasizes on the specialized role of planners for the organizations?

• A) The Positioning School
• B) The Design School
• C) The Entrepreneurial School
• D) The Planning School

Selective attention is a situation ‘when managers use only that chunk of information which is needed and ignore all other which is not relevant’.

• A) False
• B) True
• C)
• D)

In which type of strategy, many different actors naturally converge on the same theme or pattern and hence the strategy is clearly emergent?

• A) The Consensus Strategy
• B) Ideological Strategy
• C) The Process Strategy
• D) The Umbrella Strategy

McDonalds opened its new fast food branches in nearby areas of KFC not just from profit perspective, but more to tackle the competition from a direct competitor and grab the potential new clients of KFC. This type of strategy can be categorized as,

• A) Position
• B) Ploy
• C) Plan
• D) Perspective

Which one of the following defines strategy as a specific "maneuver" intended to outwit the competitor through direct competition. So threats, feints and many other maneuvers are employed to gain advantage.

• A) Strategy as position
• B) Strategy as ploy
• C) Strategy as plan
• D) Strategy as perspective

Which type of control is exercised by organizational leaders while using umbrella strategy?

• A) Tight control on organizational affairs
• B) Partial control on organizational affairs
• C) No control on organizational affairs
• D) None of the above

In the real life scenario, purely deliberate strategy is as rare as the purely emergent strategy. It might be the overall external environment that dictates the pattern of strategy development and execution for an organization.

• A) False
• B) True
• C)
• D)

Which of the following was defined by Henry Mintzberg as an alternate for the word of “strategy”?

• A) Stream of success
• B) Stream of failures
• C) Stream of actions
• D) Stream of decisions

Which of the following strategies is categorized as purely emergent strategy?

• A) Consensus strategy
• B) Planned strategy
• C) Entrepreneurial strategies
• D) Ideological strategy

Entrepreneurial strategy depends a lot on the vision of the entrepreneur. Therefore, it is more of an emergent strategy.

• A) True
• B) False
• C)
• D)

Robert Katz discussed the maxim for small company which is that,

• A) All of the above options
• B) Attack when the enemy retreats.
• C) Respond quickly.
• D) Do not take full advantage of all opportunities.

In the BCG matrix, products with high market share and slow growth are called,

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

According to the entrepreneurial school, entrepreneurial strategy tends to take the form of niche, one or more pockets of market position protected from the forces of outright competition.

• A) True
• B) False
• C)
• D)

In the BCG matrix, products with low market share and slow growth are called,

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