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Strategic Management MCQ Questions and Solutions with Explanations Management Page-5 section-1
Mba
Savitribai Phule Pune University
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Strategic Management MCQ Questions and Solutions with Explanations | Management
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Section 1 (examveda/management/practice-mcq-question-on-strategic-management/?section=1) Section 2 (examveda/management/practice-mcq-question-on-strategic-management/?section=2)
Section 3 (examveda/management/practice-mcq-question-on-strategic-management/?section=3) Section 4 (examveda/management/practice-mcq-question-on-strategic-management/?section=4)
Section 5 (examveda/management/practice-mcq-question-on-strategic-management/?section=5)
21. What is the starting point of strategic intent?
Answer & Solution Discuss in Board (examveda/what-is-the-starting-point-of-strategic-intent-33234) Save for Later
A. Objectives
B. Goals
C. Mission
D. Vision
Answer: Option D
Answer & Solution
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Solution: Vision is the starting point of strategic intent. The fundamental purpose of strategic planning is to align a company's mission with its vision. Without mission and vision, the plan exists in a vacuum, as the mission is the starting point for planning, the vision is the destination, and the strategic plan is the roadmap that helps you navigate from one to the other.
22. Corporate level strategy deals with:
Answer & Solution Discuss in Board (examveda/corporate-level-strategy-deals-with-33235) Save for Later
A. objectives of specific functions
B. objective of Single strategic Business Unit
C. objectives of the corporate
D. objectives of specific operations
Answer: Option C Solution: Corporate level strategy deals with objectives of the corporate. we can simply say that corporate level strategies are concerned with questions about what business to compete in. Corporate Strategy involves the careful analysis of the selection of businesses the company can successful compete in. Corporate level strategies affect the entire organization and are considered delicate in the strategic planning process.
Answer & Solution
23. From the following activity which does not comes under the primary activities of value Chain analysis:
Answer & Solution Discuss in Board (examveda/from-the-following-activity-which-does-not-comes-under-the-primary-activities-of-value-chain-analysis-33236) Save for Later
A. Operations
B. Technology development
C. Marketing and sales
D. Services
Answer: Option B Solution: Technology development activity does not comes under the primary activities of value Chain analysis. Value chain analysis is a strategy tool used to analyze internal firm activities. Its goal is to recognize, which activities are the most valuable (i. are the source of cost or differentiation advantage) to the firm and which ones could be improved to provide competitive advantage.
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Answer: Option D Solution: One of the top level manager of a large manufacturing plant uses to spend her day trying to ensure that the material waste is not more than 10% , she spends her day performing the management process of controlling. Control is a primary goal-oriented function of management in an organisation. It is a process of comparing the actual performance with the set standards of the company to ensure that activities are performed according to the plans and if not then taking corrective action.
Answer & Solution
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Each Section contains maximum 70 questions. To get more questions visit other sections.
Strategic Management - Section 2 (examveda/management/practice-mcq-question-on-strategic-management/?section=2) Strategic Management - Section 3 (examveda/management/practice-mcq-question-on-strategic-management/?section=3) Strategic Management - Section 4 (examveda/management/practice-mcq-question-on-strategic-management/?section=4) Strategic Management - Section 5 (examveda/management/practice-mcq-question-on-strategic-management/?section=5)
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Strategic Management MCQ Questions and Solutions with Explanations Management Page-5 section-1
Course: Mba
University: Savitribai Phule Pune University
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