Business Policy and Strategic Management MCQ With Answers
_________ are always in writing.
A. Policy
B. Procedures
C. Decisions
D. None of the above
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B. Procedures
Policy is more ________than procedure.
A. Rigid
B. Flexible
C. Clear
D. Easy
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B. Flexible
Policy is the creation or design of _______
A. Line Managers
B. Top Management
C. Operator
D. Government
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B. Top Management
Procedure is developed or designed by _______
A. Line Managers
B. Top Management
C. Operator
D. Government
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A. Line Managers
A ______ is a series of steps to be followed.
A. Policy
B. Strategy
C. Procedure
D. Coordination
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C. Procedure
________ offers guidelines for managers to take appropriate decisions.
A. Business Policy
B. Strategic Management
C. Corporate Governance
D. Risk Management
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A. Business Policy
A performance rating system is _________
A. Ratings for last years objectives
B. The extent to which the work objectives met
C. Yearly achievements during specified period
D. A grade or score relating to the overall performance
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D. A grade or score relating to the overall performance
______ is the type of business policy according to the Nature of Origin.
A. Originated Policy
B. Imposed Policy
C. Appealed Policy
D. All of the above
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D. All of the above
______ is NOT the type of business policy According to the Mode of Expression.
A. Implied Policy
B. Oral Policy
C. Appealed Policy
D. Written Policy
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C. Appealed Policy
______ is the type of business policy according to the structure of the organisation.
A. Internal Policy
B. External Policy
C. Recruitment and selection policy
D. All of the above
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D. All of the above