161. At least how many approaches are used for
the implementation of
strategy?
► Two
► Three
► Four
► Five
162. Managerial disorder and strategic deviation will appear if there is
power
struggle
and conflicts among the departments of organization. The situation
negates
which one of the Rumelt’s criteria?
► Consistency
► Consonance
► Feasibility
► Advantage
Ref: Consistency: Strategy should not present inconsistent goals
and policies.
• Conflict and interdepartmental bickering symptomatic of
managerial disorder
and strategic inconsistency
163. All of the following are the examples of
service activity of Porter’s supply
chain model EXCEPT:
► Customer support
► Packaging
► Repair services
► Installation
Ref: Service. The activities that maintain and enhance the
product's value,
including: customer support, repair services, installation,
training, spare parts
management, upgrading, etc.
164. All of the following are primary
activities of Porter’s supply chain model
EXCEPT:
► Marketing and Sales
► Outbound Logistics
► Firm Infrastructure
► Inbound Logistics
Rationale: Firm Infrastructure is included in support
activities.(Page no.147)
165. Which of the following statement is TRUE
about Inbound Logistics?
► It includes receiving, storing, inventory
control & transportation planning
► It includes machining, packaging, assembly, equipment
maintenance & testing
► It includes activities required to deliver the finished product
to the customers'
end
► It includes the activities that maintain and enhance the
product's value
Inbound Logistics. Includes receiving, storing, inventory control, transportation
planning.
166. A revised EFE Matrix should focus on
which of the following?
► Changes in the organization's management, marketing R & D,
computer
information system and environment.
► Marketing, finance/accounting, production/operations, R&D
and computer
information systems strengths and weaknesses
► Effectiveness of a firm's strategies in
response to key opportunities and
threats
► Effectiveness of an organization’s strategy in pursuing the
competitive goals
and managerial actions
A revised EFE Matrix should indicate how effective a firm's strategies have been
in response to key opportunities and threats.
167. Alternative strategy is decided in
decision stage of Strategy-Formulation
Framework. Which matrix is used in this stage
to serve this purpose?
► BCG Matrix
► SPACE Matrix
► IE Matrix
► QSPM Matrix
Ref: The Quantitative Strategic Planning Matrix (QSPM)
The last stage of strategy formulation is decision stage. In this
stage it is decided
that which way is most appropriate or which alternative strategy
should be
select. This stage contains QSPM that is only tool for objective
evaluation of
alternative strategies. (Page no.110)
168. Input stage of strategy formulation
framework includes developing which
of the following set of matrices?
► IFE ,
EFE and QSPM matrix
► IFE ,
IE and BCG matrix
► IFE, CPM and EFE matrix
► EFE, IE and CPM matrix
Ref: Stage 1 of the formulation framework consists of the EFE
Matrix, the IFE
Matrix, and the Competitive Profile Matrix Called the Input Stage. (Page No.97)
169. Identify a case when a firm should adopt
aggressive strategies.
► If a firm’s directional vector is located in
upper-right quadrant of a SPACE
matrix
► If a firm’s directional vector is located in upper-left quadrant
of a SPACE matrix
► If a firm’s directional vector is located in lower-right
quadrant of a SPACE
matrix
► If a firm’s directional vector is located in lower-left quadrant
of a SPACE matrix
170. Firms located in which quadrant of the
Grand Strategy Matrix are in an
excellent strategic position?
► I
► II
► III
► IV
Quadrant I of the Grand Strategy Matrix is in an excellent
strategic position
51)
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