51. Which of the following are soft areas in the McKinsey 7S Framework?
52. The first step in the development of a business mission is
53. In the Ansoff Matrix, under which of the following firms can create new distribution channels, cross geographical boundaries and create new market segments?
54. What does VRIO framework stand for?
55. Which of the following are the goals that are to be achieved over a small period of time and can be attained only if attempts are made in a particular direction?
56. What does 'P' stand for in PESTEL?
57. Consider the following statements with reference to Porter's five forces model of competitive analysis
1. As rivalry among competing firm intensifies, generally industry profits decline or in few cases, industry becomes inherently unattractive.
2. Whenever new firms are allowed to enter a particular industry, the intensity of competitiveness among firms becomes haphazard.
3. Generally competitive pressures arising from the substitute products decrease as the relative price of substitute products decline.
4. Bargaining power of suppliers affects the intensity of competition.
1. As rivalry among competing firm intensifies, generally industry profits decline or in few cases, industry becomes inherently unattractive.
2. Whenever new firms are allowed to enter a particular industry, the intensity of competitiveness among firms becomes haphazard.
3. Generally competitive pressures arising from the substitute products decrease as the relative price of substitute products decline.
4. Bargaining power of suppliers affects the intensity of competition.
58. The highly competitive industries, particularly in the early stage of product life cycle, follow which one of the following strategies?
59. Which of the following are the processes and daily activities undertaken by people who work in the organisation?
60. Match the following.
List-I
List-II
a. Human Resource Management
1. Primary Activities
b. Operational Decision
2. Short-term Decisions
c. Marketing and Sale
3. Support Activities
d. Administrative Decisions
4. Medium-term
| List-I | List-II |
| a. Human Resource Management | 1. Primary Activities |
| b. Operational Decision | 2. Short-term Decisions |
| c. Marketing and Sale | 3. Support Activities |
| d. Administrative Decisions | 4. Medium-term |
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