MGT603 Quiz # 5

 

Question # 10 of 10 ( Start time: 10:25:40 PM )            Total Marks: 1

Which of the following is a standardized, detailed set of techniques and behaviors that manage anxieties, but seldom produce intended, technical consequences of practical results?

Select correct option:

            Folktales

            Rites

            Rituals

            Values

Question # 9 of 10 ( Start time: 10:25:11 PM ) Total Marks: 1

Which of the following is NOT a characteristic of well-constructed goals?

Select correct option:

            Address important issues

            Easy to remember

            Precise and measurable

            Challenging but realistic

Question # 8 of 10 ( Start time: 10:24:46 PM ) Total Marks: 1

A joining of two companies through one company buying more than one half of the other company's stocks is known as:

Select correct option:

            Monopolization

            A spin-off

            An acquisition

            A merger

A firm’s division with a high relative market share position in a low-growth industry can be referred to which of the following category?

Select correct option:

            Star

            Cash cow

            Question mark

            Dog

Which of the following is the first step in the controlling function of management?

Select correct option:

            Take corrective actions

            Restrict breaks employees take

            Evaluate expense reports

            Establish performance standards

Question # 5 of 10 ( Start time: 10:21:56 PM ) Total Marks: 1

Conglomerate diversification is another name for which of the following?

Select correct option:

            Related diversification

            Unrelated diversification

            Portfolio diversification

            Acquisition diversification

External forces directly affects all of the following EXCEPT:

Select correct option:

            Market segmentation strategies

            Types of products/services offered

            Management structure of organization

            Choice of businesses to acquire or sell

Of the following, which one would NOT be considered one of the components of a mission statement?

Select correct option:

            The target market for XYZ is oil and gas producers as well as producers of chemicals

            XYZ shall hire only those individuals who have with sufficient educational levels so as to be of benefit to our customers

            The customers of XYZ shall include global and local consumers of gas and oil products and domestic users of nontoxic chemicals

            The technologies utilized by XYZ shall focus upon development of alternative sources of gas and oil so as to remain competitive within the industry

Question # 2 of 10 ( Start time: 10:18:58 PM ) Total Marks: 1

Which of the following strategy generally entails large research and development expenditures? 

Select correct option:

            Market penetration

            Retrenchment

            Forward integration

            Product development

Question # 1 of 10 ( Start time: 10:17:35 PM ) Total Marks: 1

Reasons due to which some firms do “No Strategic Planning” incorporate all of the following EXCEPT: 

Select correct option:

            Wastage of time

            Fire-fighting

            Content with success

            Privileged reward structures

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