Which of the following is NOT an advantage of a functional structure?

• Increased capacity for specialization

• Centralized decision making and accountability
• Excellent Communication and coordination
• Quick access to technical expertise
Which of the following is a deliberate plan of action, guidelines, methods, procedures to
guide decisions and achieve rational outcome?
• Annual objectives
• Strategies
• Policies (Page 10)
• Goals
Which of the following factors can predict the stability or non-stability of the environment, the firm is operating in?
• Rate of inflation
• Ease of exit from market
• Customer loyalty
• Financial stability
According to Porter, which strategy offers products or services to a small range of customers at the lowest price available on the market?
• Low cost
• Best value
• Cost focus (Page 87)
• Differentiation
When two organizations of about equal size unite to form one enterprise, which of the following takes place?
• Hostile takeover
• Merger
• Liquidation
• Divestiture
Conglomerate diversification is another name for which of the following?
• Related diversification
• Unrelated diversification (Page 80)
• Portfolio diversification
• Acquisition diversification
Which of the following is best identified as being an adaptation of the divisional structure?
• Vertical Integration
• Strategic business units
• Joint venture
• None of the given options (Not Sure)
Input stage of strategy-formulation framework includes developing which of the following set of strategies?
• IFE, EFE and QSPM Matrix
• IFE, IE and BCG Matrix
• IFE, CPM and EFE Matrix (Page 97)
• EFE, IE and CPM Matrix
Which of the following is NOT a SPACE Matrix quadrant?
• Aggressive
• Defensive
• Competitive
• Offensive (Page 100)
In Grand strategy matrix what will be the appropriate quadrant for the Ahmad textiles if it is operating in slow growing market and holds weak competitive position?
• Quadrant I
• Quadrant II
• Quadrant III (Page 107)
• Quadrant IV
In the SPACE analysis, what does (+6, +3) strategy profile portray?
• A strong industry with strong financial strength
• A stable environment with strong financial strength
• A stable environment for highly competitive firm
• A strong industry operating in stable environment
Adding new but unrelated products or services for appealing present customers is known as:
• Forward integration
• Backward integration
• Conglomerate diversification (Page 80)
• Horizontal diversification
How many parts are there of resource allocation plan?
• Two
• Three
• Four
• Five
Which one of the following strategies is referred as presenting products, often with a little
or no modification, to customers in related marketing areas?
• Market development
• Market penetration (Page 80)
• Horizontal integration
• Product development
A chance for advancement, progress or profit prevailing in external environment of a
company is known as:
• Strength
• Weakness
• Opportunity
• Threat
All of the following strategies are recommended to be perused by Question Mark divisions EXCEPT:
• Market penetration
• Market development
• Horizontal integration
• Product development
Which of the following statement is TRUE about the establishment of objectives?
• It is a Top-management activity
• It is a Centralized activity
• It is a Lower-management activity
• It is a Decentralized activity
Exclusive access to high grade natural resources is an example of which of the following?
• Strength
• Weakness
• Opportunity
• Threat
Which of the following refers to a functional support role of an information system?
• What if…?" questions
• What is the capacity of plant?
• What do we do?
• What if tax rate increases by 10%?
Which of the following directs at developing new products before competitors do at improving product quality or at improving manufacturing processes to reduce costs?
• Marketing
• Opportunity analysis
• Research and development (Page 140)
• Management