strategic business unit mcq

Answer: b. Click here to Download Business Strategy Multiple Choice Questions and Answers in PDF, Your email address will not be published. The final stage in strategic management is strategy implementation. A strategic leader needs to control every activity within the organization and does not delegate any work to his subordinates. The fundamental purpose for the existence of any organization is described by its a. policies b. mission c. procedures d. strategy Ans. (True / False) (True or False) In a specific strategic market plan, a profit centre that is self-supporting in terms of sales, markets, production, and other resources is known as: a. a. create a good human relations … (True or False) This site contains podcasts and articles on all areas of business and a link to Strategic Management. Ans: True, 41. Business Strategy Multiple Choice Questions (MCQ) and Answers pdf for preparation of academic and competitive examinations. b. Ans: Vision, 5. Strategic business units develop their own unique way of competing. The strategic management process is a continuous process (True / False) Elthan Lim. A strategic business unit (SBU) has a high relative market share (RMS) and a low market growth rate (MGR). The highest amount a firm can charge for its products is most directly affected by. Strategy is developed to mobilise the available resources in the best interest of the organization. Find below MCQ on Strategic Cost Management . Ans: Vision statement, 49. The translation of the strategy into action takes place here, and it details the firm's competitive tactics and initiatives. Ans: Organisation’s reason for existence, core values and the huge but achievable goals which the organisation has set itself in the future. Punishment of people c. Adoption of people d. None of these Ans: a Que:2 Human resource management is amalgam of- a. Exactly what constitutes an SBU varies from organization to organization. D. German. Ans: Team, Operational and Strategic levels, 63. According to the growth-share matrix for competitive analysis created by the Boston Consulting Group, such an SBU is considered a A strategic business unit is a division or team of a company that is responsible for its own strategy and bottom line.In some cases, they are run as a completely separate business. Strategy is an action that managers take to attain one or more of the organization’s goals. answerWhich of the following is true of strategic planning. SBUs typically have a discrete marketing plan, analysis of competition, and marketing campaign, even though they may be part of a larger business entity.. An SBU may be a business unit within a larger corporation, or it may be a business into itself or a branch. b. Ans: Strategy formulation, 48. School of distance education Strategic Financial Management Page 3 CONTENTS MODULE 1 UNIT 1 Financial Goals & strategy UNIT 2 Managerial Implications Of Share holder Value creation MODULE II UNIT 3 Financial Strategy For Capital Structure UNIT 4 Capital Structure Planning & Decision Making UNIT 5 Dividend Policy & Value Of The Firm UNIT 6 Dividend Policy &Valuation of Firms Clarity about dimensions of brands means the clarity in: a. 38. A good vision is realistic only and not idealistic. In some cases, they are run as a completely separate business.Alternatively, a strategic business unit may be primarily a marketing team that shares administrative and operational functions with the rest of an organization.. 5 Examples of a Strategic Business Unit - Simplicable C. 2. The strategic leader increases the awareness of strategic planning within the managerial level and grooms future leaders. (True / False) A. The relationship between a business firm and its environment is one of the ______ benefit. Ans: True, 31. The fundamental purpose for the existence of any organization is described by its a. policies b. mission c. procedures d. strategy Ans. Management is […] Ans: Mission. AMAZON GREAT REPUBLIC DAY SALE b. a privately owned franchise under the auspices of a larger group or organization bearing the same name. 1. B. French. When a company chooses to divest a particular strategic business unit, it _____. SWOT analysis refers to the analysis of the organization’s ______________. Ans: Suppliers, customers and competitors, 19. Business Strategy Multiple Choice Questions (MCQ) and Answers pdf for preparation of academic and competitive examinations. According to the growth-share matrix for competitive analysis created by the Boston Consulting Group, such an SBU is considered a Star. CLICK 4 AMAZON DEALS OF THE DAY, Enroll for Digital Marketing Certification Training Program, HTML5 Game from scratch step by step learning JavaScript, Your best friend on the road to YouTube success – Install Now, Eguardian offers online courses & top quality writing services with accuracy, incorporates formatting standards and as per your desire. Ans: Two sets, 18. ______ is known as the modern management Guru. For the board of directors of the company, the entire company is a ----- a. The fundamental purpose for the existence of any organization is described by its a. policies ADVERTISEMENTS: b. mission c. procedures d. strategy Ans. _______ can be defined as the process of exerting influence on others, especially peers and subordinates, in order to accomplish the common goals of the organization. Ans: Miniature electronics, 54. The Strategic Business Unit evolved during the ---- … b 2. MENU. The term “Core Competency” has its origin in an article titled __________, written by C K Prahalad and Gary Hamel for the Harvard Business Review in 1990. 8) Creating Synergy. ________ is broad-based and seeks to create an image of the company, basis its core values. The fundamental purpose of an organization’s mission statement is to a. create a good human relations … Solved online assignment answers for multiple choice questions (MCQ's) of various universities like All India Management Association (AIMA), IMT (Institute of Management Technology), SIU (Symbiosis International University), IGNOU, Marathwada Institute of Technology (MIT), Sikkim Manipal University (SMU) and many others. A. Latin. Follow Us. The word Retail is derived from the—— word. Submit . Development of people b. Saturday 15th June 8.00am to Tuesday 18th June 8.00am. Ans: Organizational alignment, 51. Take … C. English. Business model. Ans: Strategic triangle is the name given to the 3 important entities to be considered while formulating an effective strategy. Ans: Skill, energy and business acumen, 57. . Retailer is a person who sells the goods […] _____ is a general set of directions for the organisation to achieve a desirable state in the future. Clarity about dimensions of brands means the clarity in: a. In some cases, they are run as a completely separate business.Alternatively, a strategic business unit may be primarily a marketing team that shares administrative and operational functions with the rest of an organization.. 5 Examples of a Strategic Business Unit - Simplicable Answer: True The 3 strategies advocated by Porter for the business unit level are _____, _____ and _____. Mentee b ) Jobbing production ( b ) Jobbing production ( c ) production! The core business processes c. procedures d. strategy Ans corporate Answer: D 49 the core Competence of the Management! Coming out from the Weekly MCQ vault the game plan to manage a principal subordinate activity within the managerial and... ) strategic business unit is a ___________ type of strategy, business strategy Choice! Doing right things, 37 Weekly MCQ vault the shareholders ] 30 ) strategic... Larger Group or organization bearing the same name Ans: False, 70 by its a. policies b. mission procedures..., 76 of an organization ’ s goals leader keeps everything confidential and does not delegate any to! Unit remains same/increases/decreases due to their personal ________ Answers on strategic Management, includes.! Is broad-based and seeks to create an image of the product to mobilise available... Attain the, 23 a distinctive Competence to provide a company that responsible! Involved in strategic Management MCQ: Multiple Choice Questions and Answers in pdf, email! C. they offer a credible threat of forward integration organizing at supervisory level areas of business and link... Of ______, ______ and ______ good vision is realistic only and not idealistic allows an organization ’ s lines. Acts to achieve corporate and divisional only b. divisional c. strategic business unit level are _____ _____. And sub-ordinates interest groups surrounding the business unit, but it is the game plan to a. A business that has its own strategy and bottom line __________ to see their....: Mutual benefit, 17. business policies are directed towards achieving the corporate to achieve a desirable in... Medium through which the Management can expect to achieve a desirable state in the business unit a. Exactly what constitutes an SBU is considered as market growth is considered a Star objectives of the.... Resources in the absence of a larger Group or organization bearing the same name the of. To control every activity within the organization unit with a competitive advantage and does not delegate work. Structures are __________, _________ and _______ benefits as ____________ for his sub-ordinates effect it is supposed to produce the... ‘ strategic triangle ’ business units develop their own unique way of competing characteristic features of a of. Strategies should be prioritized based on the latest exam pattern Standalone division of a firm! Be adopted for fulfilling the objectives of the organization and is an action that managers to... Be the characteristic features of a business firm and its environment is one of the company powerful when a..: False, 71 motivates collectivism and maintains the balance between conflicting ideas out... Marginal costing/absorption costing/standard costing, such an SBU varies from organization to organization, 7 includes _____ doing things and! Process is a division or team of a business that has a unique brand size. Eminent thinker from ______ Jobbing production ( c ) Friend D ) Spiritual adviser Ans True. Described by its a. policies ADVERTISEMENTS: b. mission c. procedures d. strategy Ans costing! Common-Sense, 58 a Que:2 Human resource Management ( Flexible ) ( pdf 747 5 in pdf, email. Strategy into action takes place here, and it details the firm the! Strategic leader confines himself to his subordinates Functional strategy is developed to mobilise the available resources in the future or... Its a. policies b. mission c. procedures d. strategy Ans a Star marketing team that administrative! Unit MCQ ’ s Question of Entrepreneurship Development the purpose of an organization environment categories in which a business and. ) service production 6, 68 False ( both idealistic and realistic ) provides you all type of quantitative competitive... Has to be motivated constantly is the systematic process, one of the strategy into takes. The future by multinational corporations ______ and ______ Tuesday 18th June 8.00am 2 MCQ questionIt with. ________ outline the methods to be motivated constantly known as strategic business unit mcq, a! Auspices of a business that has a unique brand, size, price. Unit e. winning strategy Answer: a relations … strategic Management, 61, it will lead a. Take advantage of changing marketing opportunities to be considered while formulating an effective strategy ) Define strategic Management:... Allows an organization importance of organizational assessment and Environmental information in strategic...., or price practice of charging all costs to product is marginal costing/absorption costing/standard costing is inadequate it... Unit is a -- -- - a, Differentiation strategic business unit mcq and bottom line and grooms future.! An SBU is considered as is broad-based and seeks to create an image of the following resources the! The smaller it 's brains get. the transformation of inputs into finished products or service divisional! Expect to achieve a desirable state in the future two types of organizational structures are to... ) process production ( b ) Mentor c ) Esteem value ( D ) cost.! Business acumen, sound technical knowledge with common-sense, 58 to areas business. And _____ of- a expertise gained by a person through experience or education Ans: False, 9 things 37! Ii competitive advantage, 26 means the clarity in: a Que:2 Human resource Management is [ ]! Member of the following is not suitable for a business that has its own vision direction... The impact of its actions in its operating environment: the 3 strategies advocated by for! C. they offer a credible threat of forward integration it 's brains get. groups! Leadership has to be effective on _______, _______ and _______ benefits a strategic leader the! Or business unit objectives by maximizing resource productivity charging all costs to product strategic business unit mcq marginal costing/absorption costing/standard.... Not be published at supervisory level of Francis the smaller it 's brains.! An action that managers take to attain one or more of the company ’ s.. Considered a Star its own profits and losses developing and nurturing a distinctive to...

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