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Strategic Management
Multiple choices:
1. A plan of action designed to achieve a particular goal is:
a. Tactic b. Strategy c.
Financial benefits d. None of the above
2. It is important to develop mission statement for:
a. Allocating organizational resources b. Provide useful
criteria c. Company creed d. Customer
orientation
3. The five forces model was developed by :
a. Airbus b. Karin
Larsson c. Michael E.Porter d. Boeing
4. How many elements are involve in developing in an
organizational strategy:
a. Six b. Two c. Four d. Nine
5. The three important steps in SWOT analysis are:
a. Identification, Conclusion, Translation b. Opportunities,
Threats, Strengths c. People, Corporate cultures, Labour d. Power, Role, Task
6. GE matrix consists of how many cells?
a. Nine cells
b. Six cells
c. Eight cells
d. Three cells
7. Which of these is the type of Games:
a. Simultaneous Games
b. Sequential Games
c. Repeated Games
d. All of the above
8. SBU stands fora.
Simple Basic Unit
b. Strategic Basic Unit
c. Strategic Business Unit
d. Speed Business Unit
9. The BCG matrix is known as:
a. Growth share matrix
b. Directional policy matrix
c. GE nine-cell matrix
d. Space matrix
10. ______________ specifies sales revenues and selling
distribution and marketing costs.
a. Financial budget
b. Sales budget
c. Operating budget
d. Expenses budget
Part Two:
1. What are the dimensions of
Strategic management?
2. Critically analyze the
concept of BCG Matrix.
3. What is SWOT analysis?
4. What are the
characteristics of Short-term Objectives?
1. Do you think that IKEA has been
successful to utilize Porter’s Five force analysis? Give reasons.
2. Where do you think can IKEA improve?
Q1. Do you think the progress of ITC Ltd.
is realistic?
Q2. After analyzing the above case, do you
think every company should aim at cost leadership with high quality product?
1. What are the basic principles of
Organizational structure? What are the types of Organizational structures?
2. Though BCG matrix can be very
helpful in forcing decisions in managing a portfolio of products, it can be
employed as a sole men of determining strategies for a portfolio of the
product. Do you agree with this statement or not? Why or why not?
Enterprise Resource Planning
Multiple
Choices:
1.
Enterprise Resource Planning is
a.
Computer System
b.
Manufacturing organization
c. Method
of effective planning of all the resources in an organization
d. None
of the above
2.
Enterprise Resource Panning vendors are those people
a. Who
are experts in administration and management of projects
b. Who
have developed the ERP packages
c. Who
uses the ERP system
d. None
of the above
3.
Interviewing and cost justification is tool and technique of
a. Design
step of ERP
b.
Implementation step of ERP
c.
Requirement analysis of ERP
d.
Planning step of ERP
4.
Support re-engineering processes to fit the software systems best practice is
approach of
a. Re-engineering
approach
b.
Customizing approach
c.
Rational approach
d. None
of the above
5.
Process of tracking customer contacts and providing the customer with a price
quote is
a.
Inventory sourcing
b. Sales
order processing
c.
Pre-sales
d. None
of the above
6.
The difficulty in creating an audit trial of transactions when multiple
transactions use multiple
database
is associated with
a.
Product profitability sub-system
b.
Finished goods inventory sub-system
c.
Management reporting sub-system
d.
Creating an audit trial sub-system
7.
Differences occur between standard costs and actual costs is problem associated
with
a.
Accounting
b.
Production
c.
Purchasing / Materials Management
d.
None of the above
8.
MRP in Enterprise resource planning stands for
a.
Maximum retail price
b.
Material requirement planning
c.
Management requirement planning
d.
None of the above
9.
Process of providing status of purchase order comes in a category of
a.
Purchase order follow-up
b.
Source determination
c.
Determine requirement
d.
Invoice verification
10.
Resource failure occurs when
a.
People clashes
b.
Inability to communicate with the system user
c.
Poor specification of requirements
d.
Conflicts of people, time and project scope due to insufficient personnel
Part
Two:
1.
What are the advantages of the re-engineering method of implementing ERP?
2.
What are the benefits reported from implementing ERP?
3.
Write a short note on “Credit Management”?
4.
Define Material Requirements Planning?
1. Identify potential sources of
software?
2. Determine five criteria you will
recommend be used to evaluate each of alternative providers?
1. Explain in brief Sales and
Marketing Modules in ERP System?
2. What are the different development
process in ERP systems and write a detailed note on it?
Do you think that IKEA has been successful to utilize Porter’s Five force analysis? Give reasons. business task management software
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