Strategic Management MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5

51.
When does horizontal integration occur?

A. When a firm acquires or merges with a major competitor

B. When a firm acquires or merges with a an unrelated business

C. When a firm acquires or merges with a distributor

D. When a firm acquires or merges with a supplier firm

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52.
Divestment is what kind of strategy?

A. An asset-reduction strategy

B. A weakness-reduction strategy

C. A product-reduction strategy

D. A cost-reduction strategy

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53.
Sustained survival implies

A. that a turnaround is achieved but there is little further growth

B. that a turnaround is achieved and there is potential for further growth

C. that a turnaround is achieved and there is a clear opportunity to employ a new growth strategy

D. that a turnaround is achieved and it is appropriate to diversify soon

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54.
In which of the following scenarios is a joint venture likely to be more attractive than acquisition?

A. Horizontal integration

B. Vertical integration

C. New market entry

D. Larger resource pool

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55.
McDonalds is deciding whether to expand into manufacturing kitchen equipment in China. At what level is this decision likely to be made?

A. Business

B. Corporate

C. Functional

D. International

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56.
Corporate governance is concerned with:

A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures

B. Elections to the board of directors

C. Relationships with national governments

D. Corporate-level strategy

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57.
The slowest way to grow a business is likely to be through:

A. A merger

B. outsourcing

C. Internal development

D. A strategic alliance

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58.
The value chain is subdivided into two main headings. These are primary activities and:

A. Peripheral activities

B. Support activities

C. Secondary activities

D. Outsourced activities

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59.
A joint venture can be defined as:

A. Two firms collaborate together on a specific project

B. One firm licenses its intellectual property to another firm

C. Two firms merge together

D. Two firms come together to form a third, legally separate firm

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60.
___________ are short-term milestones or benchmarks that organizations must achieve in order for longer term objectives are to be reached

A. Vision

B. Mission

C. Plans

D. Goals

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Strategic Management MCQ Questions and Solutions with Explanations | Management

51. When does horizontal integration occur?

Answer & Solution

52. Divestment is what kind of strategy?

Answer & Solution

53. Sustained survival implies

Answer & Solution

54. In which of the following scenarios is a joint venture likely to be more attractive than acquisition?

Answer & Solution

55. McDonalds is deciding whether to expand into manufacturing kitchen equipment in China. At what level is this decision likely to be made?

Answer & Solution

56. Corporate governance is concerned with:

Answer & Solution

57. The slowest way to grow a business is likely to be through:

Answer & Solution

58. The value chain is subdivided into two main headings. These are primary activities and:

Answer & Solution

59. A joint venture can be defined as:

Answer & Solution

60. ___________ are short-term milestones or benchmarks that organizations must achieve in order for longer term objectives are to be reached

Answer & Solution

Read More Section(Strategic Management)

51.
When does horizontal integration occur?

52.
Divestment is what kind of strategy?

53.
Sustained survival implies

54.
In which of the following scenarios is a joint venture likely to be more attractive than acquisition?

55.
McDonalds is deciding whether to expand into manufacturing kitchen equipment in China. At what level is this decision likely to be made?

56.
Corporate governance is concerned with:

57.
The slowest way to grow a business is likely to be through:

58.
The value chain is subdivided into two main headings. These are primary activities and:

59.
A joint venture can be defined as:

60.
___________ are short-term milestones or benchmarks that organizations must achieve in order for longer term objectives are to be reached