Deck 4: Business Strategy and Environmental Analysis

Question 1

In BCG Matrix, "BCG" stands for--------

A)Budgeted and Controlled Growth
B)Basic Categorised Growth
C)Boston Consultancy Group
D)Bata Consultancy Group

Answer 1

Boston Consultancy Group

Question 2

It is often useful to complete a ------ analysis before completing a ------- analysis.

A)SWOT, PEST
B)Competitor, PEST
C)PEST, SWOT
D)Strategic, Competitor

Answer 2

PEST, SWOT

Question 3

--------- factors include population growth, age, demographics and attitudes towards health.

A)Political
B)Economical
C)Social
D)None of these

Answer 3

Social

Question 4

Which of the following is/are coming under 'Porter's Five Forces?

A)Threat of new potential entrants
B)Threat of substitute product/services
C)Bargaining power of suppliers
D)All of these

Question 5

'Four Corner Analysis model' is developed by

A)Robert S Kaplan
B)Peter F Drucker
C)C K Prahalad
D)Michael Porter

Question 6

Which of the following is/are component/s of 'Four Corner Analysis'?

A)future goals
B)current strategy
C)assumptions
D)All of these

Question 7

Which of the following is/are not component/s of 'Four Corner Analysis'?

A)Drivers
B)Capabilities
C)Assumptions
D)None of these

Question 8

-------------is a favourable position a business holds in the market which results in more customers and profits.

A)Competitive Advantage
B)Core Competency
C)Strength
D)Any of the above

Question 9

Which of the following is not a basic determinant of Competitive advantage?

A)Target market
B)Competition
C)USP
D)None of the above.

Question 10

Horizontal integration is concerned with;

A)Production
B)Quality
C)Product planning
D)All of the above

Question 11

It refers to formal and informal rules, regulations and procedures that complement the company structure

A)Strategy
B)Systems
C)Environment
D)All of the above

Question 12

Micro environment is the ………. environment of a company.

A)Working
B)Human
C)External
D)Internal

Question 13

Techniques used in environmental appraisal are

A)single-variable extrapolation/multivariable interaction analysis
B)Structured/ unstructured expert/inexpert opinion
C)Dynamic modes and mapping
D)All of the above

Question 14

It enables the strategists to take corrective action at the right time

A)Implementation control
B)Special alert control
C)Strategic Surveillance control
D)Premise control

Question 15

Changes in company ………. also necessitates changes in the systems in various degrees

A)structure
B)system
C)strategy
D)turnover

Question 16

The actual performance deviates positively over the budgeted performance. This is an indication of ………... performance.

A)superior
B)inferior
C)contant
D)any of the above

Question 17

Criteria for making an evaluation is (are)

A)Consistency with goals
B)Consistency with environment
C)Money
D)All of the above

Question 18

They have time-based utility

A)Goals
B)Resources
C)both 'A' and 'B'
D)None of the above

Question 19

Formal systems are adopted to bring & amalgamation of decentralized units into product groups.

A)Manpower
B)Co-ordination
C)Production
D)All of the above

Question 20

Change in company's ………. gives rise to problems necessitating a new ……… to be made

A)structure, strategy
B)strategy, structure
C)structure, structure
D)strategy, strategy

Question 21

Systems are formal and informal rules and regulations that complement the company ………..

A)strategy
B)structure
C)system
D)environment

Question 22

The reasons for acquisition are

A)Increased market power
B)Increased diversification
C)Increased speed to market
D)All of the above

Question 23

Market research is conducted by

A)By employees
B)By research agencies
C)By consultants
D)All of the above

Question 24

Vertical integration is concerned with

A)supply chain
B)production
C)Quality
D)planning