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The Set of Managerial Decisions and actions that determines the long-run performance of an organization are known as……………………………….
- Management
- Strategic Management
- Planning
- Leading
- Strategic Management is long term planning and represents management decision in long run performance
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Answer: B Explanation: -
What is out Reason being in this business, the known as ……………….
- Vision of Organizations
- Mission Statement
- Strategic Management
- None of these
- Mission statement present the cause why we are in this business.
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Answer: B Explanation: -
Positive trends in external enviroment factor are treated as…………
- Threats
- Opportunities
- Strength of Organization
- Weakness of Orgnization
- Positive Environment create opportunities if it relates to external environment,,, if it is in internal environment, it becomes strength of the organization.
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Answer: B Explanation: -
Negative trends in external enviroment factor are treated as…………
- Threats
- Opportunities
- Strength of Organization
- Weakness of Orgnization
- Negative Environment create Threats if it relates to external environment,,, if it is in internal environment, it becomes Weakness of the organization.
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Answer: A Explanation: -
The major value creating skills, capabilities and resources that determine its competitive weapons of the organization is known as ………………..
- Strength
- Opportunities
- Core Values of the Organization
- None of these
- Core values of the organization are the organization's major capabilities, values and resources
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Answer: C Explanation: -
Any activity that an organization does well or any uniques resource which an organization have is known as ……………………..
- Strength
- Opportunities
- Core Values of the Organization
- None of these
- Uniqueness or any activity in which an organization have uniqueness or it does well becomes the strength of the organization
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Answer: A Explanation: -
Any activity that an organization does not well or resources it needs but does not process is known as ………………… of the organization.
- Threats
- Opportunities
- Strength of Organization
- Weakness of Orgnization
- Weakness of the organization is internal factor that an organization cannot do or does not process it.
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Answer: D Explanation: -
An Analysis of internal factors (Strength & Weakness) and External Factors (Opportunities and Threats) of the organization is known as …………………….. Analysis.
- Organizational Analysis
- External Enviroment Analysis
- Internal Environment Analysis
- SWOT analysis
- Strength, weakness, opportunities and Threats analysis is known as SWOT analysis.
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Answer: D Explanation: -
Strategy seeks to determine what businesses a company should be in or want to be in is known as………………………………..
- Stability Strategy
- Growth Strategy
- Corporate Level Strategy
- Retrenchment Strategy
- Corporate level strategy will determine in which busniess organization needs to be in or not to be in.
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Answer: C Explanation: -
There are ……………….. Level of strategies.
- 2
- 3
- 4
- 5
- There are three level of strategies, corporate level, business level and functional level
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Answer: B Explanation: