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
View Correct Answer
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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