Strategic Management MCQ Questions and Solutions with Explanations | Management

A. Divestment strategy

B. No change strategy

C. Profit strategy

D. Caution strategy

A. GE Matrix

B. BCG matrix

C. Ansoff Product matrix

D. McKinsey 7S Framework

A. Objectives

B. Plan

C. Policy

D. Goal

A. Corporate level

B. Functional level

C. Marketing department level

D. Strategic business limit

A. an individual or a group have financial interest in the organisation

B. an external individual or a group, i.e. able to impose constraints on the organisation

C. an internal group or individual, i.e. able to influence strategic direction of the organisation

D. an individual or group with an interest in the organisation's activities and who seeks to influence them

A. It involves formulation and implementations of minor goals

B. It involves initiatives taken by the top managment

C. It is based on consideration of resources

D. It includes assessment of internal and external environment of organisation

A. Administrative decisions

B. Operational decisions

C. Strategic decisions

D. Policy decisions

A. Statement I is correct, but Statement II is incorrect

B. Statement II is correct, but Statement I is incorrect

C. Both statements are correct

D. Both statements are incorrect

A. Philip Kotler

B. Sigmund Feud

C. Michael Porter

D. Bruce D Henderson

A. Both (A) and (R) are true and (R) is the correct explanation of (A)

B. Both (A) and (R) are ture, but (R) is not the correct explanation of (A)

C. (A) is true, but (R) is false

D. (R) is true, but (A) is false