Strategic Management MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5

1.
Strategy is developed by the visionary chief executive in ___________ mode of strategic management

A. planning mode

B. adaptive mode

C. strategic mode

D. entrepreneurial mode

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2.
Stability strategy is a ____________ strategy

A. corporate level

B. business level

C. functional level

D. strategic level

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3.
What are the means by which long term objectives will be achieved?

A. Strategies

B. Policies

C. Strength

D. Opportunities

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4.
Marketing strategy is a ___________ type of strategy

A. business level

B. Growth strategy

C. corporate strategy

D. functional strategy

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5.
When an industry relies heavily on government contracts, which forecasts can be the most important part of an external audit

A. Economic

B. Competitive

C. Political

D. Multinational

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6.
A possible and desirable future state of an organization is called:

A. Mission

B. Vision

C. Strategy implementation

D. Strategy formulation

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7.
What does Question mark symbolize in BCG matrix?

A. Remain Diversified

B. Invest

C. Stable

D. Liquidate

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8.
Selling all of a companys assets in parts for their tangible worth is called:

A. Divestiture

B. Concentric Diversification

C. Liquidation

D. Unrelated integration

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9.
What do Cash Cows symbolize in BCG matrix?

A. Remain Diversified

B. Invest

C. Stable

D. Liquidate

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10.
The BCG matrix is based on

A. Industry attractiveness and Business strength

B. Industry Growth rate and Business strength

C. Industry Attractiveness and Relative Market share

D. Industry growth rate and relative market share

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Strategic Management MCQ Questions and Solutions with Explanations | Management

1. Strategy is developed by the visionary chief executive in ___________ mode of strategic management

Answer & Solution

2. Stability strategy is a ____________ strategy

Answer & Solution

3. What are the means by which long term objectives will be achieved?

Answer & Solution

4. Marketing strategy is a ___________ type of strategy

Answer & Solution

5. When an industry relies heavily on government contracts, which forecasts can be the most important part of an external audit

Answer & Solution

6. A possible and desirable future state of an organization is called:

Answer & Solution

7. What does Question mark symbolize in BCG matrix?

Answer & Solution

8. Selling all of a companys assets in parts for their tangible worth is called:

Answer & Solution

9. What do Cash Cows symbolize in BCG matrix?

Answer & Solution

10. The BCG matrix is based on

Answer & Solution

Read More Section(Strategic Management)

1.
Strategy is developed by the visionary chief executive in ___________ mode of strategic management

2.
Stability strategy is a ____________ strategy

3.
What are the means by which long term objectives will be achieved?

4.
Marketing strategy is a ___________ type of strategy

5.
When an industry relies heavily on government contracts, which forecasts can be the most important part of an external audit

6.
A possible and desirable future state of an organization is called:

7.
What does Question mark symbolize in BCG matrix?

8.
Selling all of a companys assets in parts for their tangible worth is called:

9.
What do Cash Cows symbolize in BCG matrix?

10.
The BCG matrix is based on