1. The word tactics is most likely to be associated with
a) Business strategy
b) Corporate strategy
c) Operational strategy
d) All of the abvoe
2. Buyers market exist when:
a) few suppliers in the market
b) buyers purchases in small volume
c) buyers purchases in large volume
d) product of suppliers are unique and differentiated
3. How many cells are in a SWOT matrix?
a) 9
b) 6
c) 3
d) 2
4. The Reasons for diversification is:
a) to reduce competition
b) to increase organizational capabilities
c) to get tax advantage
d) to get quick entry into a business
5. Strategic Management handles:
a) external issues
b) management issues
c) internal issues
d) administrational issues
6. A possible and desirable future state of an organization is called:
a) Mission
b) Vision
c) Strategy implementation
d) Strategy formulation
7. What does Question mark symbolize in BCG matrix?
a) Remain Diversified
b) Invest
c) Stable
d) Liquidate
8. Selling all of a companys assets in parts for their tangible worth is called:
a) Divestiture
b) Concentric Diversification
c) Liquidation
d) Unrelated integration
9. What do Cash Cows symbolize in BCG matrix?
a) Remain Diversified
b) Invest
c) Stable
d) Liquidate
10. The BCG matrix is based on
a) Industry attractiveness and Business strength
b) Industry Growth rate and Business strength
c) Industry Attractiveness and Relative Market share
d) Industry growth rate and relative market share