a) Cost leadership
b) Differentiation
c) Focus
d) Both differentiation and focus
Wrong!
Try again.
Wrong!
The correct answer is
" Cost leadership "
Correct!
" Cost leadership "
3.
Which type of organization allows specialization,
thereby encouraging greater efficiency and refinement of
a particular functional expertise?
a)
Matrix organization
b)
Divisional organization
c) Functional organization
d) Simple organization
Wrong!
Try again.
Wrong!
The correct answer is
" Functional organization "
Correct!
Functional organization
4.
Through which
strategy does a business gain new strength by
streamlining its operations and eliminating waste?
a)
Vertical integration strategy
b)
Turnaround strategy
c) Divestiture strategy
d) Liquidation strategy
Wrong!
Try again.
Wrong!
The correct answer is
" Turnaround strategy "
Correct!
Turnaround strategy
5.
Which of the following is an integral part of the
internal financing of a firm?
a) Capital allocation
b) Dividend management
c) Retrenchment
d) Working capital allocation
Wrong!
Try again.
Wrong!
The correct answer is
" Dividend management "
Correct!
" Dividend management "
6.
Which type of budget provides an outline specific to
expenditure for plants, equipment, machinery,
inventories and other requirements needed during the
budget period?
a)
Revenue budget
b)
Capital budget
c) Expenditure budget
d) Income budget
Wrong!
Try again.
Wrong!
The correct answer is
" Capital budget "
Correct!
" Capital budget "
7.
Technology licenses, supply agreements, marketing
agreements and joint ventures are examples of _______.
a) Industry scope
b) Geographic scope
c) Mergers
d) Coalitions
Wrong!
Try again.
Wrong!
The correct answer is
" Coalitions "
8.
Who creates and implements strategic change in an
organization?
a) Strategist
b) Directors
c) Consultants
d) HR managers
Wrong!
Try again.
Wrong!
The correct answer is
" Strategist "
9.
Technological transfer, market sharing and investment
sharing are seen in _________.
a) Acquisitions
b)
Management contracts
c) Turnkey operations
d) Joint ventures
Wrong!
Try again.
Wrong!
The correct answer is
" Joint ventures "
Correct!
" Joint ventures "
10.
Which of the following is the main difference between a
technology leader and a technology follower?
a) A technology leader aims at
differentiation, while a technology follower seeks to
achieve cost leadership
b) A technology leader aims at cost
leadership, while a technology follower seeks to achieve
differentiation
c) A technology leader aims at cost
leadership and focus, while a technology follower seeks
to achieve differentiation
d) A technology leader aims at
differentiation and focus, while a technology follower
seeks to achieve cost leadership
Wrong!
Try again.
Wrong!
The correct
answer is " A technology leader aims at differentiation, while a technology follower seeks to achieve cost leadership
"
Correct!
" A technology leader aims at differentiation, while a technology follower seeks to achieve cost leadership
"
11. Which of the following management tools
is referred to as an improvement philosophy?
a) Business process reengineering
b) Benchmarking
c) Balanced Scorecard
d) IntegrationWrong!
Try again.
Wrong!
The correct answer is
" Business process reengineering "
Correct!
" Business process reengineering "
12.
Excessive use of _________ can lead to the shifting of
wealth from bondholders to shareholders.
a) Manpower
b) Debt
c) Shareholders money
d) ESOPs
Wrong!
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Wrong!
The correct answer is
" Debt "
13.
According to the regulations framed by the Securities
Exchange Board of India (SEBI), promoters who hold
ownership rights between 15 and 75 percent can increase
their stake at a slow pace. This is often referred to as
_________.
a) Sleeping acquisition
b)
Creeping acquisition
c) Slow acquisition
d) Crawling acquisition
Wrong!
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Wrong!
The correct answer is
" Creeping acquisition "
Correct!
" Creeping acquisition "
14.
What type of
benchmarking is used by companies to improve their
processes or activities by benchmarking with other
companies from different business sectors or areas of
activity but involved in similar functions or work
processes?
a)
Internal benchmarking
b)
Competitive benchmarking
c) Process benchmarking
d) Generic benchmarking
Wrong!
Try again.
Wrong!
The correct answer is
" Generic benchmarking "
Correct!
" Generic benchmarking "
15.
In__________, the incumbent management of a company buys
out all or a majority of the shares of the company.
a) A spin off
b) A leveraged buy out
c) Management buy-outs
d) Joint venture
Wrong!
Try again.
Wrong!
The correct answer is
" Management buy-outs "
Correct!
" Management buy-outs "
