MGT 603 Quaiz # 7

Question # 1 of 10 ( Start time: 12:03:33 AM )
Effective mission statements don’t have one of the following features:
Select correct option:


Generate range of feasible strategic alternatives

Reconcile interests among diverse stakeholders

What does the firm want to become

Provide criteria for selecting strategies

Question # 2 of 10 ( Start time: 12:04:10 AM )
Which of the following is the best example for acheiving long-term objectives?
Select correct option:


Strengths

Strategies

Policies

Opportunities

Question # 3 of 10 ( Start time: 12:04:44 AM )
Din Mohammad, a farmer sells his crops at the local market rather than to a distribution center. This action of Din Mohammad comes under which of the following?
Select correct option:


Backward integration

Product development

Forward integration

Horizontal integration

Question # 4 of 10 ( Start time: 12:05:17 AM )
Establishing and implementing ways of making things work is known as:
Select correct option:


Planning

Organizing

Leading

Controlling

Question # 5 of 10 ( Start time: 12:05:49 AM )
All of the following are the TRUE regarding pro forma financial statements EXCEPT:
Select correct option:


Assemble the results in profit and loss projections

Translate this data into cash-flow projections

Compare the resulting balance sheets

These are based on forecasted future data

Question # 6 of 10 ( Start time: 12:06:30 AM )
Which one of the following is the drawback of mass marketing?
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It reduces costs through economies of scale by the increased volume

It does not try to please all customers with same offering

It allows economies of scale to be realized through mass production

It offers same offering that is likely to be viewed as optimal by all customers

Question # 7 of 10 ( Start time: 12:06:50 AM )
Total weighted scores of IFE matrix below 2.5 characterizes an organizations as:
Select correct option:


Organization is externally weak

Organization is internally weak

Organization is internally strong

Organization is externally strong

Question # 8 of 10 ( Start time: 12:07:20 AM )
An organization’s division that has a low relative market share position and competes in a slow-growth industry is known as:
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Dog

Question mark

Star

Cash cow

Question # 10 of 10 ( Start time: 12:08:29 AM )
All of the following fall under the category of "Process” function of production management EXCEPT:
Select correct option:


Choice of technology

Quality assurance

Process flow analysis