Asslam O Alikum 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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