MGT603 Old Quiz
Solved By vuZs Team
 
 

Question # 10 of 10 ( Start time: 10:25:40 PM )  Total M - 1 

 

Which of the following is a standardized, detailed set of techniques and behaviors that manage anxieties, but seldom produce intended, technical consequences of practical results? 
Select correct option: 
            Folktales
            Rites
            Rituals
            Values
Question # 9 of 10 ( Start time: 10:25:11 PM ) Total M - 1 
Which of the following is NOT a characteristic of well-constructed goals? 
Select correct option: 
            Address important issues 
            Easy to remember 
            Precise and measurable
            Challenging but realistic
Question # 8 of 10 ( Start time: 10:24:46 PM ) Total M - 1 
A joining of two companies through one company buying more than one half of the other company's stocks is known as: 
Select correct option: 
            Monopolization
            A spin-off
            An acquisition
            A merger
A firm’s division with a high relative market share position in a low-growth industry can be referred to which of the following category? 
Select correct option: 
            Star
            Cash cow
            Question mark
            Dog
Ref: Cash cows Units with high market share in a slow-growing industry. These units typically generate cash in excess of the amount of cash needed to maintain the business.(Page no.103)
Which of the following is the first step in the controlling function of management? 
Select correct option: 
            Take corrective actions
            Restrict breaks employees take
            Evaluate expense reports
            Establish performance standards
Question # 5 of 10 ( Start time: 10:21:56 PM ) Total M - 1 
Conglomerate diversification is another name for which of the following? 
Select correct option: 
            Related diversification
            Unrelated diversification
            Portfolio diversification
            Acquisition diversification
External forces directly affect all of the following EXCEPT: 
Select correct option: 
            Market segmentation strategies
            Types of products/services offered
            Management structure of organization
            Choice of businesses to acquire or sell
Of the following, which one would NOT be considered one of the components of a mission statement? 
Select correct option: 
 The target market for XYZ is oil and gas producers as well as producers of chemicals
XYZ shall hire only those individuals who have with sufficient educational levels so as to be of benefit to our customers
The customers of XYZ shall include global and local consumers of gas and oil products and domestic users of nontoxic chemicals
The technologies utilized by XYZ shall focus upon development of alternative sources of gas and oil so as to remain competitive within the industry
Question # 2 of 10 ( Start time: 10:18:58 PM ) Total M - 1 
Which of the following strategy generally entails large research and development expenditures?  
Select correct option: 
            Market penetration
            Retrenchment
            Forward integration
            Product development
Rationale:When we launch new product , it requires lot of research which consequently increases the R&D expenditures.Whereas for market penetration, forward integration or retrenchment strategies , we already have enough information so it requires less research and low R&D expenditures.
Question # 1 of 10 ( Start time: 10:17:35 PM ) Total M - 1 
Reasons due to which some firms do “No Strategic Planning” incorporate all of the following EXCEPT:  
Select correct option: 
            Wastage of time 
            Fire-fighting 
            Content with success
            Privileged reward structures
Ref: Poor Reward Structures—when an organization assumes success, it often fails to reward success. Where failure occurs, then the firm may punish. In this situation, it is better for an individual to do nothing (and not draw attention) than risk trying to achieve something, fail, and be punished.