CS MCQ QUESTIONS WITH ANSWERS

No Questions Answers
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1 What is the strategy in the organization Looking at the organization what they are doing
2 How do you define a stakeholder Are people who have interest in the organization
3 Three porters generic strategies Cost leadership, Differenciation and Focus
4 Four porters generic strategies Cost leader, Cost focus, Differentiation and Differenciation
Focus
5 Typically profits are highest in which stage of industry life cycle Maturity stage
6 Organization acquires its supplier Backward vertical integration
7 Organization acquiring Its distributor Forward vertical integration
8 Identify one of the strategies for exploiting first mover advantageous Strategic alliance or joint venture
9 Activity based costing helps in Allocates overheads and assigns activity cost pools
10 According to the five Porters model an attractive industry would have all of the following except Buyers with high bargaining power
11 The corporate level is where top management directs Overall strategy
12 Interms of the PESTLE analysis the liberalizing of international trade and tarif which environment would you Political, economic and legal
put in
13 According to porter even an organization does not follow the cost leadership strategy or differentiation Stuck in the middle
strategy they are
14 Corporate governance is concerned with executive remuneration and disclosure of information
15 When a firm seek the benefit of global integration and local adaptation Transnational
16 Technological paradigm shift are more likely to occur with Introduction of new disruptive technology
17 Identify one of the pitfalls of low cost strategies Becoming overly aggressive
18 Which of the following is not an entry barrier to an industry Bargaining power of suppliers
19 What is the starting point of strategic intent Vision
20 In the context of strategic management resources can be defined as Something that an organization owns, controls or has access
to…
21 Changes in a companies strategy may be necessary when Freshman competitors
22 Which of the following might be sources of synergy between two units They have similar customers and use similar distribution
channels
23 At the introductory stage of an industry products and services are likely to be differentiated at Functionality
24 MacDonald they want to expand in to some other equipment in china and at what level did the decision will Top level or corporate level
be made
25 What are the strategies for managing digital rights Incription software
26 The merging of analysis of internal and external factors and influencing the organization strategy SWOT analysis
27 I in VRIO stands for what Inimitable
28 Which of the following statement is not true when you are describing a successful strategy It guarantees long term survival
 CS MCQ QUESTIONS WITH ANSWERS

29 Porters five forces the level of competition in the industry are The five forces or types
30 In Porters generic model what do you mean by a focus strategy Narrow customer segment
31 ________ establish networks of link the merchandising outlets that are interconnected by IT and function at Chaining
the large company
32 What is horizontal merger Building up a unit that is arrival in the same product
33 What are the strategy for bringing of format one Insure supply of compliments
34 The two internal elements of SWOT analysis are Strength and weakness
35 Formal and informal rules, regulations and procedures and all other compliments the company's structure System
36 Competitive environment is stated to be an attractive from the stand point of earning profits even the rivalry Rivalry is vigorous
is crushed
37 H&M a company retail most of its products in the following which generic strategy Hybrid
38 Low sales can happen in _______ and _______ stages Introduction and decline
39 Which of the following is franchising Licensing and maintaining the quality
40 Which one of the strategy for dealing with the declining in the industry Harvesting
41 Which of the following is not a form of non price competition Price signaling
42 Sharing activities and resources enhances competitive advantage by Lowering cost and differentiation
43 Which of the following is not a major element of the strategic management process Assigning the administrative task
44 An organization core competency likes in its skills and abilities deployed to Achieve competitive advantages in which that others can
not
45 The value chain is subdivided in to two main headings Primary activity and support or secondary activity
46 Low investment cost is in _________ and _________ stages Maturity and decline
47 Substantial changes to the range of offerings or the market are known as Diversification
48 Identify the strategy to manage industry rivalry Price signaling
49 What is likely to be the effect of a logical corporate strategy … Structural and stylistic flows
50 __________ arises when a firm is able to perform an activity that is distinct from competitors Competitive advantage
51 The statement that best associates with a business successful strategy Maintaining strategic fit
52 Which force in the external environment as major impact on the business when a business relies heavily on political
government contract
53 In the value chain primary activities directly involved in The production of marketing and delivery those activities
are all undertaken
54 Both innovators and early adopters enter the market while it is in what stage Embryonic stage /introduction stage
55 Corporate level diversification comes about when a firm is involved in two or more Industry sectors
56 Identify the strategy to better entry in to the mature industry Product proliferation
57 _________ and _______ are outcomes from the study of external environment Threats and opportunity
58 Which of the following would not be considered a barrier to entry Products
59 In PESTLE Which environment do you think can create new opportunity Technological
60 The operation in passenger in alliance airlines would be
 CS MCQ QUESTIONS WITH ANSWERS

61 The strategy in which cash flow is optimized Harvest

62 Identify two reasons to companies undertake mergers and acquisition Provide in broad capacity utilization in technological
advantage
63 One of the characteristics of shakod stage is Increasing the market share during fear competition what are Weak competition to exit the industry
those strategies
64 Which of the following is not a limitation of SWOT Focus external environment
65 An example of core competency Communicating with a customers
66 The statement that does not befit corporate strategy among the following The organization is concerned how it is going to compete in
a specific business or industry
67 The dominant characteristics of a buyers market segment Buyers purchase in large volume
68 One of the strategic decisions in relating to the value chain concerns vertical integration Whether activities should be performed or want to
outsource
69 Average cost decrease continuously in High take companies
70 On an average highest level of profitability are shown by Avoiding of diversified businesses
71 Technical standards lead to Differential advantages for individual companies
72 What is the strategy a company is following when it is offering unique products that are widely valued by its Differentiation strategy
customers
73 All of this except _________ are part of the competitive five forces Bargaining power of the union
74 Randy being the top layer manager spends most of the day trying to insure the material waste of a company Controlling
does not exceed more than 20%, which function of management is Randy performing
75 The bargaining power of a consumer is high when There is low differentiation
76 ________ or the resources skills another advantage of the firm enjoy relative to its competitors Strength
77 Technology curve is known as Series of S-curve
78 Economies of scale are derived from
79 Which of the following statements are true on technical standards and format wash Many patents in a high take industries revolve around the
companies ….
80 Andy is a top level executive is involved in a bench marking formal industry what is it trying to compare Organization performance in the same industry sector
81 Disruptive technology possess
82 Which of the following outcomes is not an advantage of a completely vertically integrated business Lowering of risk is achieved
83 Which of the strategies dealing with a declining industry Niche marketing
84 Which of the following is not a primary activity of a value chain Technology development
85 Developing the vision mission identifying the opportunities threats and all this are _____ activities Strategy formulation
86 The sequence in which strategic management process is activated Environmental scanning, formulation, implementation
87 The amount and type of resources and capital needed to pursue a company’s business model depends on
88 A business unit within a large corporation is called Strategic business unit (SBU)
89 Which of the following outcome is the potential benefit of outsourcing Higher flexibility
90 Which of the following is the declining industry market Not all segments typically decline at the same rate
 CS MCQ QUESTIONS WITH ANSWERS

91 The purpose of an organization conducting SWOT analysis Analyse the business environment
92 Which of the following is not a part of a macro environment suppliers
93 Which type of asset is rarely strategic Financial asset
94 Which of the following is the force in porters five forces model of industry attractiveness Bargaining power of suppliers
95 Integration can be vertical or Horizontal
96 Vertical Integration can be backward or Forward
97 Identify the correct reason for slow growth in market demand of a company’s product Limited performance
98 What is a joint venture Legally formed for a separate entity
99 The term used for the deriving the benefit
100 What is the micro environment Internal environment
101 Strategic management is the responsibility of which level of management Top level of management
102 What is not a generic strategy of Michael porter
103 Business excess acquired a merge with a major competitor why and this type of integration is called Horizontal integration
104 The essential question that a corporate pairing need to ask Are they adding value at a corporate pairing
105 What is one of the reason for a decline of an industry Technological changes
106 Full form of EVA Economic value added
107 If a resource is inimitable the competitor will find it Difficult to copy
108 Which one of the following is not a primary task undertaken by managers of the strategic level
109 What are the steps developing to follow how to implement the strategy
110 Technological advancement can create which of the following advantage Competitive
111 Follow firms compete by using what kind of strategy focused
112 Identify one of the characteristics of fragmented industries Low barriers
113 Joint ventures are likely to be more attractive than acquisitions horizontal integration
114 What is the primary benefit of firm acquires when it undertakes restructuring Cost reduction
115 Assigning cost to the activity responsible for creating the cost Activity based costing
116 In business _______ generally refers to the five of market share which serve with same customer basic Competition
needs
117 The essence of a broad differentiation strategy is to Great number of differentiation
118 What is the advantage of chaining It lowers the transportation cost
119 Which of the following is not an important element to look for when selecting an alliance partner Very similar culture and resources
120 The slowest way to create a business is likely to be true Internal development
121 Growth rates for new kinds of products seem to accelerate over time because of Use of mass media
122 Innovators and early adopters are
123 Potential area between considerably up on business in developing corporate strategy relates to What resources do we have to implement our strategy
124 The reason attributed for a company’s diversification
125 What are the main reasons for a business adopted by another company
 CS MCQ QUESTIONS WITH ANSWERS

126 Managing, formulating and differentiation strategies are most likely working at Business level
127 Strategies enable organizations to compete successfully in market place Business level
128 Major advantage of differentiation Gives competitive advantage in the market
129 Strategic decisions are associated with the following Long term directions
130 _______ are importers and exporters they have no investment outside of their home country International companies
131 Strategic management is a pure science with mainly an intuition needed mainly when organization based on quantitative and qualitative information
the use of
132 Marketing strategy is a Functional strategy
133 Amazon has business as seller intermediary and e commerce provider
134 What is the main reason behind organization entering in to alliances to do with the synergy
135 Annual objectives need not be Should be measurable
135 Horizontal integration is likely to result in Product differentiation
137 Horizontal integration is The process of acquiring or merging with the same
companies
138 The probability of opportunism of an alliance partner and be reduced by Having proper contractual safeguards
139 An advantage of a joint venture Take advantage of the local partners
140 Tracking the strategy and making necessary adjustment control
141 Bringing synergy between business units of the task (which level of management / strategy brings synergy Task of corporate level
between the various business units)
142 Right to use go straight mark processes
143 LNT acquiring min try is an example of Hostile takeover
144 Renault nishan plant in chennai is an example of Strategic alliance
145 Reliance petroleum opening up in their own petrol pump is an example of Forward vertical integration
146 In what stage of the advertising and promotion for retaining the existing customers Maturity stage
147 The firm divided to invest in outer shape design of a bottle in which they will fill the perfume produced by Trade mark
them
148 Cost mover advantages suggest that finering business are able in higher profits
149 The stage in the product life cycle where the strategic focus is on market penetration and building intensive Decline stage
distribution
150 An industry characterize by irregular patterns of stability and rapid technological change uncertainty in Hyper competitive
global competition can be described as
151 Which stage of product life cycle should consider investing heavily in the advertising Introductory and emergent stage
152 All of the following are key to winning standard pattern except Choosing a higher marginal even at the cost of ….
153 Tony loss the standards one because VHS is more open than better match
154 Which of the following is not true of standards Standard is comparability and hence the inter operability
reduces
155 In a declining industry more players enter the market and hence competition intensify In the
 CS MCQ QUESTIONS WITH ANSWERS

156 A mature industry is Dominated by a small number of large companies

157 Not a source of competitive advantage All are sources of competitive advantage
158 Rolex is an example of creation using _________ differentiation team Prestige
159 One popular model in game theory relating to strategy Prisoners dilemma
160 Offering unique products to broad markets Differentiation
161 Firm and an industry with similar business models or similar combination of strategies Strategic group analysis
162 What is the other name for growth share matrix BCG
163 A differentiation strategy works best when Buyers needs and use of the product are diverse
164 Cost leadership strategy involves Becoming the lowest cost organization ….
165 Substitute product is an example hundai for maruti colgate for pepsident LG for samsung … Lesser eye glass for eye surgery
166 Chain of transforming inputs in to outputs that customers value is called Value chain
167 The four letter alternative attributes to analyze the firms resources and capabilities VRIO
168 Entering on an contested space in the market is called Blue ocean strategy
169 One s in mckensys 7th model that drives the other success Strategy
170 Potential of a hostile takeover is an example of Threat
171 Internal environment scanning involves Resources capabilities and distinctive competencies
172 Substitute products for a strong force When they are readily available
173 The bargaining power of suppliers is higher when needed inputs are in When inputs are in short fry
174 The company an industry that have superior performance when Better than the company’s in the same
175 The strategic management that possess is
176 The statement that best associates with business successful strategy Creating and maintaining strategic fit
177 Strategy as an emergent process is propagated by Henry Mintsberg
178 Strategic choices for a company should not be based on Personal ambition with the top management
179 Strategic leaders clarify strategic intent clearly on two issues Vision and performance
180 Unique purpose a company apart from others in its style Mission
181 Strategy originally crafted Intended strategy
182 First strategic management process Develop vision and mission
183 Capturing cross business synergy Corporate strategy
184 Not one of the typical characteristics of strategy start on the lower level management