(Attock VU Group) mgt 603 current solved quiz by afaaq

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mgt 603 current solved quiz by afaaq

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Question # 1 of 15 ( Start time: 10:13:33 AM )  Total Marks: 1 

Internal strengths and weaknesses that can significantly benefit or harm an organization may include all of the following EXCEPT: 

Select correct option: 

 

 Production/ operations

 Research & development

 E-commerce

 Management information system

 

Question # 2 of 15 ( Start time: 10:14:24 AM )  Total Marks: 1 

When the Chief Executive of a chain of pharmacies decided to sell off or close some of the locations that were not profitable, he was performing which of the management function? 

Select correct option: 

 

 Leading 

 Planning 

 Controlling

 Organizing 

 

Question # 3 of 15 ( Start time: 10:15:06 AM )  Total Marks: 1 

Which term is preferable to be incorporated into written objective statements? 

Select correct option: 

 

 Maximize profits

 Minimize loss

 10% increased production

 Adequate capacity 

 

Question # 4 of 15 ( Start time: 10:15:47 AM )  Total Marks: 1 

What is the first step in the comprehensive strategic-management model? 

Select correct option: 

 

 Performing external audits

 Developing vision and mission statements

 Performing internal audits

 Measuring and evaluating performance 

 

 

 Question # 5 of 15 ( Start time: 10:16:09 AM )  Total Marks: 1 

Which of the following statement applies to Vision Statement? 

Select correct option: 

 

 Describes the purpose of existence of an organization

 Identify the customers of the organization

 The key measure or measures of the organization's success 

 Depict the values of an organization 

 

Question # 6 of 15 ( Start time: 10:16:32 AM )  Total Marks: 1 

Strategy formulation techniques can be integrated into how many stages of decision making framework? 

Select correct option: 

 

 Two

 Three

 Four

 Five

 

Question # 7 of 15 ( Start time: 10:17:03 AM )  Total Marks: 1 

Which one of the following area can be the weakness of a firm? 

Select correct option: 

 

 Changing lifestyle

 High oil prices

 Ineffective Marketing

 Increasing pollution 

 

Question # 8 of 15 ( Start time: 10:17:32 AM )  Total Marks: 1 

Departmentalization can be done on the basis of many factors EXCEPT: 

Select correct option: 

 

 Functions

 Number of employees

 Strategic business units

 Divisions

 

 

    

 

Question # 9 of 15 ( Start time: 10:17:56 AM )  Total Marks: 1 

Corporate social policy should be designed and articulated during which phase of strategic management? 

Select correct option: 

 

 Implementation

 Formulation

 Evaluation

 Management 

 

Question # 10 of 15 ( Start time: 10:18:16 AM )  Total Marks: 1 

The organizations, where resource allocation is not based on strategic-management approach to decision making, which approach is used for resource allocation? 

Select correct option: 

 

 Financial budget

 Relative importance of departments

 On political or personal factors

 Relative cost of each resources

 

Question # 11 of 15 ( Start time: 10:18:54 AM )  Total Marks: 1 

All of the following fall under Pricing decisions EXCEPT: 

Select correct option: 

 

 Discounts

 Credit terms

 Markups

 Dealer relations 

 

Question # 12 of 15 ( Start time: 10:19:16 AM )  Total Marks: 1 

The external environmental trends and events that could significantly harm an organization in the future may be known as: 

Select correct option: 

 

 Strengths

 Weaknesses

 Opportunities 

 Threats

 

 

Question # 13 of 15 ( Start time: 10:20:20 AM )  Total Marks: 1 

Various job titles of a strategist may includes all of the following EXCEPT: 

Select correct option: 

 

 Owner

 Foreman

 Chancellor

 Chief executive officer

 

Question # 14 of 15 ( Start time: 10:20:40 AM )  Total Marks: 1 

Identify the term that is known as a "mean of providing guidance to actions and procedures, including how resources are to be allocated and how tasks assigned to the organization might be accomplished". 

Select correct option: 

 

 Aspirations

 Objectives

 Policies

 Goals 

 

    

 

Question # 15 of 15 ( Start time: 10:21:14 AM )  Total Marks: 1 

"The company is growing but is unable to compete effectively, and needs to determine why the firm's current approach is ineffective." According to Grand strategy matrix, this statement is true for a company falling in which quadrant. 

Select correct option: 

 

 I

 II

 III

 IV 

   

Remember Me In Your Prayers
Best regard's
Muhammad Afaaq
MBA 4th (Final Semester) Finance Group
0346-5329264
Islamabad
Afaaq_Tariq@yahoo.com

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