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    Chapter 1 Fundamentals of Strategic Management

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    sanket sawant
    This document appears to be a report showing the answers to multiple choice questions about strategic management and strategy. It indicates the answers chosen by the user and whether they are correct or incorrect by showing them in light green or light red colors. There are 14 questions in total covering topics like the strategic management process, strategic decisions at different levels of an organization, factors for strategic success or failure, and components of strategy.

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    © All Rights Reserved
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    Chapter 1 Fundamentals of Strategic Management

    Uploaded by

    sanket sawant
    44 views3 pages
    This document appears to be a report showing the answers to multiple choice questions about strategic management and strategy. It indicates the answers chosen by the user and whether they are correct or incorrect by showing them in light green or light red colors. There are 14 questions in total covering topics like the strategic management process, strategic decisions at different levels of an organization, factors for strategic success or failure, and components of strategy.

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    © © All Rights Reserved

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    This document appears to be a report showing the answers to multiple choice questions about strategic management and strategy. It indicates the answers chosen by the user and whether they are correct or incorrect by showing them in light green or light red colors. There are 14 questions in total covering topics like the strategic management process, strategic decisions at different levels of an organization, factors for strategic success or failure, and components of strategy.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    44 views3 pages

    Chapter 1 Fundamentals of Strategic Management

    Uploaded by

    sanket sawant
    This document appears to be a report showing the answers to multiple choice questions about strategic management and strategy. It indicates the answers chosen by the user and whether they are correct or incorrect by showing them in light green or light red colors. There are 14 questions in total covering topics like the strategic management process, strategic decisions at different levels of an organization, factors for strategic success or failure, and components of strategy.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    6/5/22, 9:54 AM Check Your Answers :: ELearning System

    Check Answer Report

    Here indicate UserGiven Answer


    Light Green color Indicates Correct Answer.
    Light Red Color Indicates Wrong Answer.

    1 Deepak, Head of Strategy Department at ABC Limited would like understand which of the
    following is least likely to lead to success of his organization?
    Ability to execute the strategy
    Deviating from the strategic management process
    Stay focused on the target
    Constantly review the strategy and implementation process

    2 Which of the following is least likely to be refined/ replaced frequently by the organization to
    address the changing market requirements?
    CEO of the Company
    Strategies and structure
    Products and services
    Markets and competitive advantage

    3 Which of the following is most likely to be important difference between Strategy and Strategic
    Management?
    Strategic management requires analysis to be done before strategy formulation
    Strategic management requires analysis to be done after strategy implementation
    There is no difference between the two
    None of the above

    4 Which of the following is least likely to be an approach to strategic management as highlighted by


    Whittington?
    Classical
    Processual
    Evolutionary
    Mysterious

    5 Which of the following steps the organization is least likely to take after identification of its
    strengths and weaknesses?
    Leverage the weaknesses
    Overcome the weaknesses
    Build inclusiveness
    Leverage the strengths

    6 Which of the following is most likely to be a reason for failure organizations in spite of having a
    robust strategic management process?
    Discipline
    Governance
    elearning.nokomis.in/CheckAnswers.aspx 1/3
    6/5/22, 9:54 AM Check Your Answers :: ELearning System

    Over ambitious strategies


    Review and monitoring of process

    7 Which of the following is least likely to be an outcome of the strategic management process?
    Does ensure unconditional success
    Leads to an evolved framework
    Ensures risks are minimized
    Provide good perspective to management based on analysis of facts

    8 Which of the following is most likely to be a new world economy company?


    IT and Internet
    Aviation
    Consumer electronics
    Automobile

    9 Which of the following strategies are most likely to work for an organization which may take
    their own paths?
    Cost focused
    Value focused
    Both 1 and 2
    None of the above

    10 Aman, new joiner in Strategy Function of GHT Limited confused and unable to identify which
    of the following is not a strategic decision. Assist him to identify the appropriate one?
    Choosing the right market segment
    Purchase of vehicle for CEO’s use
    Developing the right products and services
    Creation of partner ecosystem

    11 Which of the following is most likely to help an organization to faster decision making to support
    the business and its stakeholders?
    Responsibility Matrix
    Delegation of Authority Matrix
    Reporting Matrix
    Order approval matrix

    12 The Strategic Business Unit (SBU) is most likely to take the following strategic decision?
    What businesses are we in?
    How do we compete?
    How do we support business level strategy
    All of the above

    13 Dia, Head of Operations at GTF Limited is of the view that the top decision makers in an
    organization must understand the complex the relationship between the various factors across the
    business spectrum to take timely decisions and create actions. True or False?
    True

    elearning.nokomis.in/CheckAnswers.aspx 2/3
    6/5/22, 9:54 AM Check Your Answers :: ELearning System

    False

    14 Corporate Strategy is the ___________ term strategy encompassing the entire organization.
    Long
    Medium
    Short
    Near

    Give Your Comments

    elearning.nokomis.in/CheckAnswers.aspx 3/3

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