Strategic Management MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5

81.
Porter's generic strategies are

A. Low price, differentiation, focus

B. Cost leadership, differentiation, cost focus, focus differentiation

C. Price leadership, differentiation, focus

D. Low cost, differentiation, focus differentiation

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82.
Which of these is not a key stakeholder that an organization must seek to satisfy?

A. Managers

B. Shareholders

C. Employees

D. Customers

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83.
Who can be considered as the main stakeholders for London Zoo?

A. Research groups

B. Visitors

C. The government

D. Private investors

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84.
In Porter's generic strategies model, a focus strategy involves

A. selling a limited range of products

B. selling to a narrow customer segment

C. selling to one region only

D. selling simple products that are cheap to produce

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85.
What common, related problem do for non-profit organizations such as the British Museum and the National History Museum often face?

A. Costs associated with repairs and maintenance

B. The need to be educational and adhere to their scientific/research orientation whilst addressing commercial issues (e g , admission charges to cover costs)

C. The need to be educational and adhere to their scientific/research orientation whilst satisfying main stakeholders

D. The conflict between pursuing organizational objectives and resource availability constraints

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86.
A question for business level strategy would be

A. Which industries do we want to be in?

B. How should the businesses be related?

C. How should the business compete in its market?

D. How should resources be shared amongst the businesses?

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87.
Which of the following is not a way in which organizations can behave more ethically and socially responsibly?

A. By avoiding discrimination and improving working conditions

B. By lowering prices to their targeted market, to stimulate demand and increasing profit by increases in productivity to meet customer demands

C. By ensuring product safety

D. By avoiding pollution and safely disposing of waste

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88.
The term corporate strategy concerns strategy and strategic decisions

A. In certain types of organization

B. At all levels in an organization

C. Developed by the senior management in an organization

D. In the private sector only

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89.
Ansoff's growth vector matrix is used for

A. analyzing the different strategic directions an organization can pursue

B. analyzing the balance of the portfolio

C. assessing whether the corporate parent is adding value

D. assessing the market share of a business

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90.
Which one of these would not be a problem for an organization attempting to establish a unified vision or direction?

A. The constraints applied by key stakeholders upon the organizations management

B. The personal objectives of those within the organization

C. The varying expectations of external stakeholders

D. Conflicts between the product and its desired target market

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Strategic Management MCQ Questions and Solutions with Explanations | Management

81. Porter's generic strategies are

Answer & Solution

82. Which of these is not a key stakeholder that an organization must seek to satisfy?

Answer & Solution

83. Who can be considered as the main stakeholders for London Zoo?

Answer & Solution

84. In Porter's generic strategies model, a focus strategy involves

Answer & Solution

85. What common, related problem do for non-profit organizations such as the British Museum and the National History Museum often face?

Answer & Solution

86. A question for business level strategy would be

Answer & Solution

87. Which of the following is not a way in which organizations can behave more ethically and socially responsibly?

Answer & Solution

88. The term corporate strategy concerns strategy and strategic decisions

Answer & Solution

89. Ansoff's growth vector matrix is used for

Answer & Solution

90. Which one of these would not be a problem for an organization attempting to establish a unified vision or direction?

Answer & Solution

Read More Section(Strategic Management)

81.
Porter's generic strategies are

82.
Which of these is not a key stakeholder that an organization must seek to satisfy?

83.
Who can be considered as the main stakeholders for London Zoo?

84.
In Porter's generic strategies model, a focus strategy involves

85.
What common, related problem do for non-profit organizations such as the British Museum and the National History Museum often face?

86.
A question for business level strategy would be

87.
Which of the following is not a way in which organizations can behave more ethically and socially responsibly?

88.
The term corporate strategy concerns strategy and strategic decisions

89.
Ansoff's growth vector matrix is used for

90.
Which one of these would not be a problem for an organization attempting to establish a unified vision or direction?