MGT603 Current Quiz

Question # 1 of 15 (
Start time: 09:06:40 AM )
Total Marks: 1
Which Group would be classified as a stakeholder?
Select correct option:
Communities
Banks
Suppliers
All of the given options
Question # 3 of 15 (
Start time: 09:09:20 AM )
Total Marks: 1
All of the following are the broad categories of External forces EXCEPT:
Select correct option:
Economic forces
Socioeconomic forces
Technological forces
Competitive forces
Question # 4 of 15 (
Start time: 09:10:51 AM )
Total Marks: 1
Which of the following decisions determine the amount of funds that are retained in a firm compared to the amount paid out to stockholders?
Select correct option:
Financing
Investment
Capital
Dividend
Question # 5 of 15 (
Start time: 09:12:19 AM )
Total Marks: 1
Which of the following can be best described as short-term in nature?
Select correct option:
Mission
statements
Annual objectives
Strategies
Vision statement
Question # 6 of 15 (
Start time: 09:13:44 AM )
Total Marks: 1
Which of the following are developed in strategy implementation phase of strategic management?
Select correct option:
Vision and mission
Annual objectives
Strengths and weaknesses
Opportunities and threats
Question # 7 of 15 (
Start time: 09:15:14 AM )
Total Marks: 1
Which of the following can reveal the demographic characteristics of an organization’s customers?
Select correct option:
Customer profiling
Test marketing
Market development
The vision statement
Question # 8 of 15 (
Start time: 09:16:17 AM )
Total Marks: 1
The general conditions for competition that influence business firms, which provide similar products and services is known:
Select correct option:
Remote environment
International environment
External environment
Industry environment
Question # 9 of 15 (
Start time: 09:17:48 AM )
Total Marks: 1
While preparing an External Factor Evaluation matrix, a total score of 0.8 indicates what?
Select correct option:
Firm is taking advantages of strengths and avoiding threats
Firm is not taking advantages of opportunities and is avoiding threats
Firm is not taking advantages of opportunities and is not avoiding threats
Firm is taking advantage of opportunities and is avoiding the threats
Question # 10 of 15 (
Start time: 09:19:17 AM )
Total Marks: 1
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 # 11 of 15 (
Start time: 09:20:41 AM )
Total Marks: 1
All of the following are the outputs of a system EXCEPT:
Select correct option:
Tables
Charts
Data
Graphs
Question # 12 of 15 (
Start time: 09:22:12 AM )
Total Marks: 1
Non-financial benefits of strategic management includes all of the following EXCEPT:
Select correct option:
Better awareness of external threats
Enhanced awareness of threats
Reduced resistance to change
Increase in sales
Question # 13 of 15 (
Start time: 09:23:44 AM )
Total Marks: 1
The mission statement answers which of the following question?
Select correct option:
What is our business?
How can we improve ourselves?
What do we want to become?
Who are our stakeholders?
Question # 13 of 15 (
Start time: 09:23:44 AM )
Total Marks: 1
The mission statement answers which of the following question?
Select correct option:
What is our business?
How can we improve ourselves?
What do we want to become?
Who are our stakeholders?
Question # 14 of 15 (
Start time: 09:25:12 AM )
Total Marks: 1
Which one of the following area can be the weakness of a firm?
Select correct option:
Changing lifestyle
High oil prices
Ineffective Marketing
Increasing pollution
Question # 15 of 15 (
Start time: 09:26:44 AM )
Total Marks: 1
Which of the following is the highest possible weighted score for the organization in IFE matrix?
Select correct option:
1.0
1.5
2.5
4.0