Take Strategic Management Online Test and evaluate your readiness before you appear for any interview or written test. Consisting of objective type questions from various important concepts of Strategic Management, this test presents you questions followed by four options. The correct answer and explanation provided with each question make it easier for you to to understand each concept well.
Who is this Strategic Management Online Test designed for?
All the management students and experienced professionals will find this test extremely useful. All freshers, Diploma, BBA, MBA, college students wanting to make a career in management will be highly benefitted by this test.
Strategic Management Online Test topics
This online test covers topics like - Competitive dynamics, Competitor analysis, Value creation, Diversification, Globalization etc.
1. An organisation getting into an activity related to its existing business, is getting into _______.
a. Internal diversification
b. Time diversification
c. Product diversification
d. Concentric diversification
Answer: d. Concentric diversification
2. Match the Following
1] Actual performance and its comparison budgeted
i] Analysis of variance
2] Actual performance = budgeted performance
ii] Zero variance
3] Actual performance > budgeted performance
iii] Positive variance
4] Actual performance < budgeted performance
iv] Negative variance
v] Micro variance
a. 1-iii, 2-iv, 3-v, 4-ii
b. 1-ii, 2-v, 3-iv, 4-iii
c. 1-i, 2-ii, 3-iii, 4-iv
d. 1-iii, 2-v, 3-i, 4-iv
Answer: c. 1-i, 2-ii, 3-iii, 4-iv
3. Personnel Capability is the outcome of _________
a. Production system
b. R & D systems
c. Employee's characteristics
d. Control system
Answer: c. Employee's characteristics
4. Strategic surveillance control may be put into practice through the identification and monitoring of _______
b. Strategic thrusts
d. Stategic potential
Answer: b. Strategic Thrusts
5. Porras and Collins divided ________ into two parts, to ctreate a vision and a mission.
i] Core Ideology
ii] Envisioned future
iii] Deals with certainties
iv] Deals with past
a. i & ii
b. i & iv
c. i, ii & iv
d. None of the above