M.Com Part 1 Strategic Management MCQ
1 The hierarchy of strategic intend includes ____________.
A. Physical Resources
B. Material
C. Vision
D. Inventory
ANS: C
2 Strategy implementation requires ________ resources
A. Physical Intangible
B. Immaterial
C. Inferior
D. Quality
ANS: A
3 __________ refers to putting the organization’s chosen strategy into action so as to achieve strategic goals and objectives
A. Strategy Formulation
B. Strategy Implementation
C. Strategy Evaluation
D. Strategy Planning
ANS: B
4 Effective Strategic Management offers ______________ benefit to an organization Leads to disputes
A. Achieve organizational
B. goals
C. Adversely affect
D. corporate image Huge Losses
ANS: B
5______ strategy is adopted by the firm when it tries to hold on to their current position in the market
A. Stability
B. Growth
C. Expansion
D. Diversification
ANS: A
6 ______ strategy refers to dropping some of the products, markets or functions of the firm
A. Turnaround
B. Joint Venture
C. Divestment
D. Merger
ANS: C
7___________ strategy refers to changing product or business line
A. Diversification
B. Market Research
C. Data Mining
D. SWOT
ANS: A
8 Analysis of external business environment enables to find out __________ of the firm
A. strength and weakness
B. opportunity and threat
C. strength and threat
D. weakness and opportunity
ANS: B
9 The internal environment factor of business environment includes____________
A. Management Philosophy
B. Customers
C. Society
D. Economic Environment
ANS: A
10 The external environment factor of business environment includes___________
A. Management Philosophy
B. Customers
C. Human Resources
D. Laboure - Management Relationship
ANS: B
11 Business Environment is ______________.
A. Simple
B. Complex
C. Static
D. Still
ANS: B
12 The fundamental purpose for the existence of any organization is described by its ____________
A. Policies
B. Mission
C. Procedures
D. Strategy
ANS: B
13 What is meant by the term ‘Stakeholder’?
A. A person who owns a business
B. A person who is not related with a business
C. A person who is related with a business
D. A person who purchases the shares of a business
ANS: C
14 Strategic management process activate in the sequence of __________
A. Environmental scanning, Strategy formulation, Implementation, control and evaluation
B. Strategy formulation, Environmental scanning, Implementation, control and evaluation
C. Environmental scanning, Strategy Implementation, formulation, control and evaluation
D. Strategy formulation, Implementation, control, evaluation, Environmental scanning
ANS: A
15 Which of the following is part of the macro environment?
A. Technology
B. Shareholders
C. Competitors
D. Channel of Intermediaries
ANS: A
16 The word ‘strategy’ is taken from Greek word ____________
A. Standard
B. Strategist
C. Stipulate
D. Strategos
ANS: D
17__________ implies the blueprint of the company’s future position
A. Supply Chain
B. Trading
C. Vision
D. HRM
ANS: C
18 Strategic Management facilitates ____________
A. Poor performance of business
B. Environmental Degradation
C. Longevity of Business
D. Delay in Decision Making
ANS: C
19 Strategic Management creates risk of ___________
A. Achieve organizational goals
B. Selection of best strategy
C. Profit Maximization
D. Problem of setting higher targets
ANS: D
20 Human Resources Strategy involves ____________
A. Pricing of product
B. Quality Management
C. Financial Management
D. Recruitment and Selection
ANS: D
21____________ is one of the techniqes of Environmental Scanning
A. Tally
B. MIS
C. HRIS
D. QUEST
ANS: D
22 cloth manufacturer enter into readymade garment manufacturing is an example of ________________ diversification
A. Backward
B. Forward
C. Triangle
D. Diagonal
ANS: B
23 In ______________ diversification,new business of a company is indirectly related with existing business.
A. Concentric
B. Conglomerate
C. Triangle
D. Diagonal
ANS: A
24 __________ is a retrenchment strategy which includes converting loss making unit into a profitable one
A. Joint Venture
B. Turnaround
C. Amalgamation
D. Licensing
ANS: B
25 General Electric (GE) Matrix has __________ number of cells
A. 6
B. 7
C. 8
D. 9
ANS: D
If You Need Most Importance MCQ PDF Strategic Management Question Bank Than Pay Rs 100 Only
Contact 8652719712 / 8779537141
Telegram Group
Mumbai Univeersity :- https://t.me/mumbaiuniversityidol
Suraj Patel Education :- https://t.me/surajpateleducation
F.Y.J.C EXAM :- https://t.me/FYJCexam
S.Y.J.C EXAM :- https://t.me/SYJCexam
F.Y EXAM :- https://t.me/fyexam
S.Y EXAM :- https://t.me/syexam
T.Y EXAM :- https://t.me/tyexam
M.Com Part 1 EXAM :- https://t.me/McomPart1Exam
M.Com Part 2 EXAM :- https://t.me/McomPart2Exam
M.A EXAM :- https://t.me/mastudentsexam
YouTube Channel