Question 1

Market research is conducted by

Accepted Answer

A)  By employees
B)  By research agencies
C)  By consultants
D)  All of the above D

Question 2

Vertical integration is concerned with

Accepted Answer

A)  supply chain
B)  production
C)  Quality
D)  planning A

Question 3

Horizontal integration is concerned with;

Accepted Answer

A)  Production
B)  Quality
C)  Product planning
D)  All of the above A

Question 4

Formal systems are adopted to bring & amalgamation of decentralized units into product groups.

Accepted Answer

A)  Manpower
B)  Co-ordination
C)  Production
D)  All of the above

Question 5

It refers to formal and informal rules, regulations and procedures that complement the company structure

Accepted Answer

A)  Strategy
B)  Systems
C)  Environment
D)  All of the above

Question 6

Changes in company ………. also necessitates changes in the systems in various degrees

Accepted Answer

A)  structure
B)  system
C)  strategy
D)  turnover

Question 7

It enables the strategists to take corrective action at the right time

Accepted Answer

A)  Implementation control
B)  Special alert control
C)  Strategic Surveillance control
D)  Premise control

Question 8

Systems are formal and informal rules and regulations that complement the company ………..

Accepted Answer

A)  strategy
B)  structure
C)  system
D)  environment

Question 9

Which of the following is/are component/s of 'Four Corner Analysis'?

Accepted Answer

A)  future goals
B)  current strategy
C)  assumptions
D)  All of these

Question 10

Which of the following is/are coming under 'Porter's Five Forces?

Accepted Answer

A)  Threat of new potential entrants
B)  Threat of substitute product/services
C)  Bargaining power of suppliers
D)  All of these

Question 11

Criteria for making an evaluation is (are)

Accepted Answer

A)  Consistency with goals
B)  Consistency with environment
C)  Money
D)  All of the above

Question 12

'Four Corner Analysis model' is developed by

Accepted Answer

A)  Robert S Kaplan
B)  Peter F Drucker
C)  C K Prahalad
D)  Michael Porter

Question 13

In BCG Matrix, "BCG" stands for--------

Accepted Answer

A)  Budgeted and Controlled Growth
B)  Basic Categorised Growth
C)  Boston Consultancy Group
D)  Bata Consultancy Group

Question 14

The actual performance deviates positively over the budgeted performance. This is an indication of ………... performance.

Accepted Answer

A)  superior
B)  inferior
C)  contant
D)  any of the above

Question 15

Which of the following is not a basic determinant of Competitive advantage?

Accepted Answer

A)  Target market
B)  Competition
C)  USP
D)  None of the above.

Question 16

It is often useful to complete a ------ analysis before completing a ------- analysis.

Accepted Answer

A)  SWOT, PEST
B)  Competitor, PEST
C)  PEST, SWOT
D)  Strategic, Competitor

Question 17

Change in company's ………. gives rise to problems necessitating a new ……… to be made

Accepted Answer

A)  structure, strategy
B)  strategy, structure
C)  structure, structure
D)  strategy, strategy

Question 18

They have time-based utility

Accepted Answer

A)  Goals
B)  Resources
C)  both 'A' and 'B'
D)  None of the above

Question 19

Techniques used in environmental appraisal are

Accepted Answer

A)  single-variable extrapolation/multivariable interaction analysis
B)  Structured/ unstructured expert/inexpert opinion
C)  Dynamic modes and mapping
D)  All of the above

Question 20

The reasons for acquisition are

Accepted Answer

A)  Increased market power
B)  Increased diversification
C)  Increased speed to market
D)  All of the above

Exam 4: Business Strategy and Environmental Analysis