Management Test 2

38 Questions | Total Attempts: 64

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Management Quizzes & Trivia

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Questions and Answers
  • 1. 
    Which of the following is the correct layout of the levels of strategy? 
    • A. 

      Enterprise, corporate, business, functional, operational

    • B. 

      Operation, functional, business, corporate, enterprise

    • C. 

      Business, corporate, enterprise, functional, operational

    • D. 

      Functional, operational, business, enterprise, corporate

  • 2. 
    Which of the corporate strategies follows same as or next to approach? 
    • A. 

      Concentration

    • B. 

      Concentric

    • C. 

      Horizontal

    • D. 

      Vertical

  • 3. 
    Which of the corporate strategy focuses on only one thing? 
    • A. 

      Concentration

    • B. 

      Horizontal

    • C. 

      Vertical

    • D. 

      Divesture

  • 4. 
    Which of the followin corporate strategy is the same business? 
    • A. 

      Horizontal

    • B. 

      Vertical

    • C. 

      Diversification

    • D. 

      Divesture

  • 5. 
    Which of the corporate strategy is backward or foward integration? 
    • A. 

      Horizontal

    • B. 

      Concentric

    • C. 

      Vertical

    • D. 

      Diversification

  • 6. 
    Which of the following corporate strategy is when getting rid of a SBU? 
    • A. 

      Concentration

    • B. 

      Concentric

    • C. 

      Horizontal

    • D. 

      Divesture

  • 7. 
    Which of the follwing is not a process of coporate strategy? 
    • A. 

      Turnaround

    • B. 

      Internal venture

    • C. 

      Mergers

    • D. 

      Joint venture

  • 8. 
    Which process is when money from the company portfolo is taken to start a new SBU? 
    • A. 

      Start up

    • B. 

      Mergers

    • C. 

      Takeovers

    • D. 

      Joint ventures

  • 9. 
    Which process is when A + B = C?
    • A. 

      Mergers

    • B. 

      Aquistion

    • C. 

      Take over

    • D. 

      Strategic alliance

  • 10. 
    Which process is when A buys B in a friendly matter? 
    • A. 

      Merger

    • B. 

      Strategic alliance

    • C. 

      Joint venture

    • D. 

      Acquisition

  • 11. 
    Which process occurs when A buys B in a hostel matter? 
    • A. 

      Mergers

    • B. 

      Acquisition

    • C. 

      Takeover

    • D. 

      Joint venture

  • 12. 
    Which process is when A and B agree to do business but remain seperate? 
    • A. 

      Joint venture

    • B. 

      Merger

    • C. 

      Take over

    • D. 

      Strategic alliance

  • 13. 
    Which process is when A, B and C must work together towards a goal? 
    • A. 

      Joint venture

    • B. 

      Internal venture

    • C. 

      Strategic alliance

    • D. 

      Acquisition

  • 14. 
    Which porters generic strategy is about being low cost, like Walmart? 
    • A. 

      Cost leadership

    • B. 

      Product/service differentiation

    • C. 

      Segmentation

    • D. 

      None of these

  • 15. 
    Which porters generic strategy is about being different in some way that has meaning to the buyer? 
    • A. 

      Cost leadership

    • B. 

      Product/service differentiation

    • C. 

      Segmentation

    • D. 

      None of these

  • 16. 
    Which porters generic strategy is about segmenting on buyer charachteristics? 
    • A. 

      Cost leadership

    • B. 

      Product/service differentiation

    • C. 

      Segmentation

    • D. 

      None of these

  • 17. 
    For increasing size/scope which strategy would be for new product/service to the same market? 
    • A. 

      Product/Service Development

    • B. 

      Penetration

    • C. 

      Market Development

    • D. 

      Business Development

  • 18. 
    For increasing size/scope which strategy is about same products/services and same market? 
    • A. 

      Market development

    • B. 

      Product/service development

    • C. 

      Penetration

    • D. 

      Business development

  • 19. 
    For increasing size/scope which strategy is about new market  and same product/service? 
    • A. 

      Market development

    • B. 

      Product/service development

    • C. 

      Business development

    • D. 

      Penetration

  • 20. 
    When new products/services for new customers are considerd to be in business development strategy? 
    • A. 

      True

    • B. 

      False

  • 21. 
    In strategies for aging and decling markets, which strategy would be about quality improvements and tatics? 
    • A. 

      Defense and renewal strategy

    • B. 

      Retrenchment

    • C. 

      Turnaround

    • D. 

      Endgame

  • 22. 
    For aging and decling markets, retrenchment would be? 
    • A. 

      Improvements and tactics

    • B. 

      Pullback

    • C. 

      Arrest and reverse decline

    • D. 

      Bankrupt

  • 23. 
    When would retrenchment be necessary? 
    • A. 

      Market is saturated or indecline

    • B. 

      Company is in financial trouble

    • C. 

      Durning recession

    • D. 

      All of these

  • 24. 
    For aging and decling markets, when does arrest and reverse occur? 
    • A. 

      Defense and renewal

    • B. 

      Retrenchment

    • C. 

      Turnaround

    • D. 

      Endgame

  • 25. 
    In what stage of the product- market life cycle do cash flows and profits often peak? 
    • A. 

      Introduction

    • B. 

      Growth

    • C. 

      Shakeout

    • D. 

      Maturity