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:
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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?
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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?
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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