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Home » Strategic Management MCQ with Answers (Updated 2021)

Strategic Management MCQ with Answers (Updated 2021)

Here we have given Strategic Management MCQ with Answers updated in 2021. These Strategic Management Multiple Choice Questions are useful for UGC NET, SET, MPSC, UPSC and Ph D competitive entrance exams. These MCQs are equally useful for MBA, PGDM, MMM, MCA, BBA, BCom, Mcom courses of various Indian & foreign universities. This includes but not limited to Pune University, Mumbai University, Anna University & many more.

Strategy is _________.

A. Completely Proactive & Completely Reactive

B. Partly Proactive & Partly Reactive

C. Neither Proactive Nor Reactive

D. Proactive Only

View Correct Answer

B. Partly Proactive & Partly Reactive

The origins of Strategic Management can be retraced to ________

a. 1930

b. 1911

c. 1879

d. 1938

View Correct Answer

b. 1911

BCG in BCG matrix stands for __________

A. Boston Calmette Group

B. British Consulting Group

C. Boston Corporate Group

D. Boston Consulting Group

View Correct Answer

Strategic management is an important part of any business which helps with _________ formulation and business decisions.

A. Strategy

B. Tactics

C. Procedure

D. Marketing

View Answer

A. Strategy

Which of the following is not part of the micro environment?

A. Technology

b. Shareholders

c. Competitors

d. Publics

View Correct Answer

A. Technology

Which of the following is not a part the Macro Environment?

A. Laws & Policies

b. Demographics

c. Suppliers

d. Social Values

View Correct Answer

c. Suppliers

What does Stars symbolize in BCG matrix?

a. Introduction

b. Growth

c. Maturity

d. Decline

View Correct Answer

b. Growth

What does Dog symbolize in BCG matrix?

A. Introduction

B. Growth

D. Maturity

D. Decline

View Correct Answer

D. Decline

The BCG matrix is mainly designed to analyse ______

A. Current strategy of the organization

B. Long-term strategic planning

D. Short-term strategic planning

D. Revenue generated by the organization

View Correct Answer

B. Long-term strategic planning

In strategic management, SWOT stands for ______

A. Strength, Weakness, Opportunity, Thread

B. Strength, Weakness, Opportunity, Threat

D. Strong, Weak, Open, Transparent

D. Strategic Weapons for Worldwide Tactics

View Correct Answer

B. Strength, Weakness, Opportunity, Threat

Cultural values would be part of which of the following factor in macro environment?

A. Demographic

B. Social

C. Ecological

D. Natural

View Correct Answer

B. Social

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