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Strategic Management MCQ with Answers (Updated 2021)

In strategic thinking, how long is the long term, approximately?

A. 1 Month to 1 year

b. 2 to 3 years

c. 3 to 5 years

d. More than 5 years

View Correct Answer

d. More than 5 years

Low cost, Differentiation and Focus are examples of __________________

A. Corporate strategies

b. Operational Strategies

c. Business Strategies

d. Functional Strategies

View Correct Answer

c. Business Strategies

The word tactic is most likely to be associated with _________

A. Business Strategy

b. Corporate strategy

c. Operational Strategy

d. All of the above

View Correct Answer

c. Operational Strategy

In BCG matrix, __________ is the label of the horizontal axis

A. Relative Market share

b. Business Strength

c. Industry Growth Rate

d. Market Growth Rate

View Correct Answer

a. Relative Market share

The three organizational levels includes______

A. Corporate level

b. Business level

c. Functional level

d. All of the above

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d. All of the above

In BCG Matrix, what is the label of the Vertical axis?

A. Relative Market share

b. Business Strength

c. Industry Growth Rate

d. Market Growth Rate

View Correct Answer

c. Industry Growth Rate

In GE 9 cell matrix, what is the label of the horizontal axis?

A. Relative Market share

b. Industry Attractiveness

c. Industry Growth Rate

d. Market Growth Rate

View Correct Answer

b. Industry Attractiveness

In Strategic Management, Another name for GE 9 cell model is ______

A. Three colour matrix

b. Stop light matrix

c. Strategic Portfolio Matrix

d. Colour light matrix

View Correct Answer

b. Stop light matrix

According to ___________, strategic management is not a box of tricks or a bundle of techniques. It is analytical thinking and commitment of resources to action.

A. Philip Kotler

B. Andrew Carnegi

C. Peter Drucker

D. Abraham Maslow

View Answer

C. Peter Drucker

This is all about solved strategic management MCQ. Hope these MCQ sets on strategic management will help the aspirants to get a good score in the examination.

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