What are the dimensions of strategic management

Assignment Help Strategic Management

Reference no: EM13909827

Part One: Multiple choices:

1. A plan of action designed to achieve a particular goal is:

a. Tactic
b. Strategy

c. Financial benefits
d. None of the above

2. It is important to develop mission statement for:

a. Allocating organizational resources

b. Provide useful criteria
c. Company creed
d. Customer orientation

3. The five forces model wasdeveloped by :

a. Airbus
b. Karin Larsson
c. Michael E.Porter

d. Boeing

4. How many elements are involve in developing in an organizational strategy:

a. Six
b. Two

c. Four
d. Nine

5. The three important steps in SWOT analysis are:

a. Identification, Conclusion, Translation

b. Opportunities, Threats, Strengths
c. People, Corporate cultures, Labour

d. Power, Role, Task

IIBM Institute of BusinessManagement

Examination Paper: Semester II

6. GE matrix consistsof how many cells?
a. Nine cells

b. Six cells
c. Eight cells

d. Three cells

7. Which of these is the type of Games:

a. Simultaneous Games
b. Sequential Games

c. Repeated Games
d. All of the above

8. SBU stands for-
a. Simple Basic Unit

b. Strategic Basic Unit
c. Strategic Business Unit

d. Speed Business Unit

9. The BCG matrix is known as:

a. Growth share matrix
b. Directional policy matrix

c. GE nine-cell matrix
d. Space matrix

10. ______________ specifies sales revenues and selling distribution and marketing costs.

a. Financial budget

b. Sales budget
c. Operating budget
d. Expenses budget

Part Two:

1. What are the dimensions of Strategic management?

2. Critically analyze the concept of BCG Matrix.

3. What is SWOT analysis?

4. What are the characteristics of Short-term Objectives?

Reference no: EM13909827

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