Strategic Management MCQ Questions and Answers for Practice

1. Strategic management is mainly the responsibility of

1. Lower management
2. Middle management
3. Top management
4. All of the above

2. Large inventories can be best classified as

1. potential opportunities
2. potential threats
3. potential strengths
4. potential weakness

3. Like roots of a tree, ............. of organization is hidden from direct view.

1. Performance
2. Strategy
3. Core competence
4. All of the above

4. Marketing strategy is a ............ type of strategy

1. business level
2. growth strategy
3. corporate strategy
4. functional strategy

5. Micro environment is the ................. environment of the company

1. Working
2. Human
3. External
4. Internal

6. Stability strategy is a ............... strategy

1. corporate level
2. business level
3. functional level
4. strategic level

7. Strategy is developed by the visionary chief executive in .................... mode of strategic management

1. planning mode
2. adaptive mode
3. strategic mode
4. entrepreneurial mode

8. The origins of Business policy and strategy management can be retraced to

1. 1930
2. 1911
3. 1879
4. 1938

9. Which of the following is not a part of the macro environment

1. Laws and Policies
2. Demographics
3. Suppliers
4. Social Values

10. Which of the following is not a part of the micro environment

1. Technology
2. Shareholders
3. Competitors
4. Publics

11. BCG in BCG matrix stands for

1. Boston Calmette Group
2. British Consulting Group
3. Boston Corporate Group
4. Boston Consulting Group

12. Horizontal integration is concern with

1. Production
2. Quality
3. Marketing
4. All of the above