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naveedahmedPosted - 1 February 2008 21:22  Show Profile
Quiz
1. Which of the following is not a stage of strategy formulation techniques?
a. Formulation Framework
b. Matching stage
c. External factor evaluation
d. Decision stage
2. ST Strategies is an important strategy to
a. Match weakness with opportunities of the firm
b. Overcome external threats
c. Obtain benefit form its resources
d. Overcome its weakness and reducing threats
3. Strategic Position and Action Evaluation Matrix is used in
a. Formulation Framework
b. Matching stage
c. External factor evaluation
d. Decision stage
4. Cash cows are always in
a. Introductory industry
b. Growing industry
c. Mature industry
d. Declining industry
5. In BCG matrix, the reason for choosing relative market share, rather than just profits,
is that
a. It carries more information than just cash flow
b. It shows where the brand is positioned against its main competitors
c. It indicates where it might be likely to go in the future
d. All of the mentioned options
6. Those firms must make some drastic changes quickly to avoid further demise and
possible liquidation that fall in__________ of grand strategy matrix
a. Qurdant-1
b. Qurdant-2
c. Qurdant-3
d. Qurdant-4
7. Strategy-formulation concepts and tools
a. Do not differ greatly for different size and type of organizations
b. Differ greatly for different size and type of organizations
c. Do not differ greatly for profit or nonprofit organizations but differ in small and
large organizations
d. None of the mentioned options
8. Annual objectives
a. Are not critical to success
b. Serve as guidelines for action, directing and channeling efforts and activities of
organization members
c. Are not important for employee motivation and identification
d. Do not provide a basis for organizational design
9. Annual objectives
a. Need not to be consistent
b. Should be easily achievable
c. Should be measurable
d. Should be confidential and not to be communicated throughout the organization
10. Which of the following resources is used by all organizations to achieve desired
objectives?
a. Financial resources,
b. Physical resources,
c. Human resources
d. All of the mentioned options
11. Matching Stage consists of the EFE Matrix, the IFE Matrix, and the Competitive Profile
Matrix.
True
False
12. Strengths are external conditions that are helpful to the achievement of the objective.
True
False
13. All nine techniques included in the strategy-formulation framework require integration
of intuition and analysis.
True
False
14. Many businesses fall right in the middle of the Grand strategy matrix and thus are
not easily classified
True
False
15. Only a diversified company with a balanced portfolio can use its strengths to truly
capitalize on its growth opportunities.
True
False
16. Viewing every business as a star, cash cow, dog, or question mark is overly complicated.
True
False
17. Many companies repeatedly fail to truly motivate their people to work with enthusiasm
True
False
18. Strategy implementation varies substantially among different types and sizes of
organizations.
True
False
19. Annual objectives, stated in terms of profitability, growth, and market share by
business segment, geographic area, customer groups, and product are not common in
organizations.
True
False
20. Resource allocation is a major management activity that allows for strategy execution
True
False

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