Consulting Group Group

Q.1.
BCG in BCG matrix stands for

a) Boston Calmette Group b) British Consulting
Group
c) Boston Corporate Group d) Boston Consulting
Group
Ans: d
Q.2. What does Stars symbolize in BCG matrix?

a) Introduction b) Growth
c) Maturity d) Decline
Ans: b
Q.3. What does Question Mark (?) symbolize in BCG matrix?

a) Remain Diversified b) Invest
c) Stable d) Liquidate
Ans: a
Q.4. Low cost, Differentiation and Focus are examples of __________________

a) Corporate strategies b) Operational Strategies
c) Business Strategies d) Functional Strategies
Ans: c
Q.5. 14.'Reputation' in the context of an organization's resources can provide

competitive advantage because:
a) It is difficult to copy b) It is based on word-of-
mouth
c) It is a threshold resource d) It is explicit
Ans: a
Q.6. A strategic manager that seeks to reach acceptable profit targets as opposed
to making as much profit as possible is making decisions of which type?
a) Satisfactory b) Satisfying
c) Irrational d) Optimal
Ans: d
Q.7. Which one of these is NOT a __________ part of Porter's competitive forces
in industry analysis?
a) Potential entry of new competitors
b) Bargaining power of suppliers
c) Development of substitute products
d) Threat of substitute products and services
Ans: c
Q.8. A company's ability to meet its short-term financial obligations is measured

by which of the following categories?
a) liquidity ratios b) profitability ratios
c) activity ratios d) leverage ratios
Ans: a
Q.9. Which of the following would be thought of as part of a firm's general

environment?
a) increased trade deficit
b) decreased entry barriers
c) increased bargaining power of the firm's suppliers
d) increased competitive intensity
Ans: a
Q.10. The value chain is subdivided into two main headings. These are primary
activities and:
a) Peripheral activities b) Support activities
c) Secondary activities d) Outsourced activities
Ans: b
Q.11. A network of firms providing different parts of a value-chain in the

production of a product or service is known as:
a) Franchising b) Nearshoring
c) Orchestrating d) Co-specialization
Ans: d
Q.12. On average, the highest levels of profitability are shown by:

a) Firms focused on just one or two products
b) Firms with a moderately diverse range of related products and businesses
c) Firms with a very diverse range of related products and businesses
d) Firms with a diverse range of unrelated products and businesses
Ans: b
13. Which one of the following is not a primary task of strategic managers?
a. Establishing strategic objectives
b. Developing the steps to follow in implementing operational level plans
c. Defining the business and developing a mission
d. Developing a strategy
e. Implementing and evaluating the chosen strategy
Ans. B
14. Which one of the following is NOT included in the Porter’s Five Forces
model:
a. Potential development of substitute products
b. Bargaining power of suppliers
c. Rivalry among stockholders
d. Rivalry among competing firms
Ans. C
15. A firm’s mission

a. is a statement of a firm’s business in which it intends to compete and the
customers which it intends to serve.
b. is an internally-focused affirmation of the organization’s financial, social, and
ethical goals.
c. is mainly intended to emotionally inspire employees and other stakeholders.
d. is developed by a firm before the firm develops its vision.
Ans. A
16. The environmental segments that comprise the general environment

typically will NOT include
a. demographic factors.
b. sociocultural factors.
c. substitute products or services.
d. technological factors.
Ans. C
17. The primary focus of strategic management is:

a. strategic analysis
b. the total organisation
c. strategy formulation
d. strategy implementation.
Ans. B
18.The competencies or skills that a firm employs to transform inputs into outputs
are:
a) Tangible resources. b) Intangible resources.
c) Organizational d) Reputational
capabilities. resources.
Ans: c
19.In strategic thinking, how long is the long term, approximately?

a) 1 to 12 months b) 1 to 5 years
c) More than 5 years d) less than 5 year
Ans: c
20.Growth, retrenchment and stability are examples of __________________?
a) Corporate strategies b) Business Strategies

c) Functional Strategies d) both a and c
Ans: a

Consulting Group Group

Uploaded by

Copyright:

Available Formats

Consulting Group Group

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Consulting Group Group

Uploaded by

Copyright:

Available Formats

Q.1.

BCG in BCG matrix stands for

Q.2. What does Stars symbolize in BCG matrix?

Q.3. What does Question Mark (?) symbolize in BCG matrix?

Q.4. Low cost, Differentiation and Focus are examples of __________________

Q.5. 14.'Reputation' in the context of an organization's resources can provide

Q.8. A company's ability to meet its short-term financial obligations is measured

Q.9. Which of the following would be thought of as part of a firm's general

Q.11. A network of firms providing different parts of a value-chain in the

Q.12. On average, the highest levels of profitability are shown by:

15. A firm’s mission

16. The environmental segments that comprise the general environment

17. The primary focus of strategic management is:

19.In strategic thinking, how long is the long term, approximately?

20.Growth, retrenchment and stability are examples of __________________?

a) Corporate strategies b) Business Strategies

You might also like

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.