Dashboard → My courses → School of Online Education (SOE) → JULY 2021 Batch → SOE-PUNE → MBA (Online) → 2nd Year
→ Semester III → MBA SEM III - Strategic Management → Quadrant IV : Assessment → Internal Assessment 1
Started on Wednesday, 4 January 2023, 10:41 AM
State Finished
Completed on Wednesday, 4 January 2023, 12:35 PM
Time taken 1 hour 54 mins
Grade 18.00 out of 20.00 (90%)
Question 1 The Characteristics of Good Mission Statement does not include
Correct
Mark 1.00 out a. Memorable
of 1.00 b. Active
c. Create Expectation
d. Positive views about company
The correct answer is: Positive views about company
Question 2 Which one of the following is not a primary task of strategic
Correct managers?
Mark 1.00 out
of 1.00 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
The correct answer is: Developing the steps to follow in
implementing operational level plans
Question 3 Strategy is developed by the visionary chief executive in (fill
Correct blank) mode of strategic management
Mark 1.00 out
of 1.00 a. planning mode
b. adaptive mode
c. strategic mode
d. entrepreneurial mode
The correct answer is: entrepreneurial mode
Question 4 The origins of Strategic Management can be retraced to
Correct
Mark 1.00 out a. 1930
of 1.00
b. 1911
c. 1879
d. 1938
The correct answer is: 1911
Question 5 A mission statement:
Correct
Mark 1.00 out a. Succinctly describes the financial vision of an organization
of 1.00 b. Succinctly describes the marketing mandate of an
organization
c. Succinctly describes the core mandate or core business
of an organization
d. Succinctly describes the production plan of an
organization
The correct answer is: Succinctly describes the core mandate or
core business of an organization
Question 6 The (___) of a company is variously called a statement of
Correct philosophy, a statement of beliefs, and a statement of purpose.
Mark 1.00 out
of 1.00 a. mission statement
b. vision statement
c. quality principles
d. policy
The correct answer is: mission statement
Question 7 The origins of Strategic Management can be retraced to
Correct
Mark 1.00 out a. 1930
of 1.00 b. 1911
c. 1879
d. 1938
The correct answer is: 1911
Question 8 The Question “Where do we aim to be” is answered by
Correct
Mark 1.00 out a. Objectives
of 1.00
b. Vision
c. Mission
d. Goal
The correct answer is: Vision
Question 9 The vision statement answers which question?
Correct
Mark 1.00 out a. What is our business?
of 1.00
b. How can we improve ourselves?
c. What do we want to become?
d. Who are our stakeholders?
The correct answer is: What do we want to become?
Question
What are the means by which long-term objectives will be
10 achieved?
Correct
Mark 1.00 out a. Strategies
of 1.00
b. Strengths
c. Weaknesses
d. Policies
The correct answer is: Strategies
Question In the BCG model, ‘BCG’ stands for (___)
11
Correct
a. Boston Consulting Group
Mark 1.00 out
of 1.00
b. Business Communication Group
c. Business Consulting Group
d. Benchmark Consulting Group
The correct answer is: Boston Consulting Group
Question
In GE 9 cell matrix, what is the label of the horizontal axis?
12
Incorrect
a. Relative Market share
Mark 0.00 out
b. Industry Attractiveness
of 1.00
c. Industry Growth Rate
d. Market Growth Rate
The correct answer is: Industry Attractiveness
Question The GE 9 cell model is based on
13
Correct
a. Industry attractiveness & Business Strength
Mark 1.00 out
b. Industry Growth rate & Business strength
of 1.00
c. Industry Attractiveness & Relative market share
d. Industry Growth & Relative market share
The correct answer is: Industry attractiveness & Business
Strength
Question The acronym SWOT stands for:
14
Correct
a. Strengths, Weaknesses, Opportunities, Threats
Mark 1.00 out
b. Strengths, Weaknesses, Outputs, Targets
of 1.00
c. Solidarity, Willingness, Operations, Tests
d. Solidarity, Willingness, Opportunities, Threats
The correct answer is: Strengths, Weaknesses, Opportunities,
Threats
Question Which model looks at new and existing markets, and new and
15 existing products?
Correct
Mark 1.00 out a. Porter’s Generic Competitive Strategy
of 1.00
b. The Ansoff Matrix
c. Doxey’s Irridex
d. None of the above
The correct answer is: The Ansoff Matrix
Question Competitive advantage can best be described as
16
Correct
a. Perfect Competition in The Market
Mark 1.00 out
b. Advantage of competition
of 1.00
c. Increased efficiency of organisation
d. Stand out organisation
The correct answer is: Increased efficiency of organisation
Question Strategy is developed by the visionary chief executive in (fill
17 blank) mode of strategic management
Correct
Mark 1.00 out a. planning mode
of 1.00
b. adaptive mode
c. strategic mode
d. entrepreneurial mode
The correct answer is: entrepreneurial mode
Question Which one of these is NOT a __________ part of Porter's
18 competitive forces in
Incorrect
Mark 0.00 out a. Potential entry of new competitors
of 1.00
b. Bargaining power of suppliers
c. Development of substitute products
d. Threat of substitute products and services
The correct answer is: Development of substitute products
Question As our world increases in complexity, the global environment is
19 increasingly
Correct
Mark 1.00 out a. More people speaking more languages.
of 1.00
b. The flow of capital, people, and information
c. Governmental regulations
d. The flow of goods
The correct answer is: The flow of capital, people, and
information
Question
When an industry relies heavily on government contracts, which
20 forecasts can be the most important part of an external audit.
Correct
Mark 1.00 out a. Economic
of 1.00
b. Political
c. Technological
d. Competative
The correct answer is: Political
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