Mgt603 Collection of Old Papers

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FINALTERM EXAMINATION
FALL 2007 Marks: 60
MGT603 - STRATEGIC MANAGEMENT (Session - 6 ) Time: 150min
StudentID/LoginID: ______________________________
Student Name: ______________________________
Center Name/Code: ______________________________
Exam Date: Thursday, March 20, 2008
INSTRUCTIONS
Please read the following instructions carefully before attempting any question:
All questions are compulsory.
This exam consists of 15 Multiple Choice Questions (MCQs) carrying 1 mark each; 10
True/False carrying 1 mark each; 3 Short Questions carrying 5 marks each; and 2
descriptive question –carrying 10 marks each.
For each MCQ, read the available choices carefully and select the most appropriate choice
which you consider is the correct answer, by clicking on the appropriate check box.
For a true/ false statement, recognize the concept and answer accordingly.
Remember not to spend too much time on any one objective type question since all
objective type questions carry equal marks; it is important to manage your time according
to the marks allocated to each question.
Save your answer before proceeding to the next question.
Do not click the “Finish” button while solving your paper. Once you clicked the “Finish”
button, you will not be able to access your paper again. Click it at the end of your paper.
That means you have submitted your complete paper.
A clock is given in the exam software. Software will automatically close at the end of given
time
For Teacher's use only

Question 1 2 3 4 5 6 7 8 9 10 Total
Marks
Question 11 12 13 14 15 16 17 18 19 20
Marks
Question 21 22 23 24 25 26 27 28 29 30
Marks
Question No: 1 ( Marks: 1 ) - Please choose one
Stakeholders of an organization include:
► Stockholders
► Stockholders and customers
► Stockholders, customers and creditors
► Stockholders, customers, creditors and competitors
__________________ can be the most important force impacting competitive advantage.
► The bargaining power of suppliers
► The bargaining power of distributors
► The bargaining power of consumers
► All of the mentioned options
To perform an external audit, a company first must:
► Get an approval from the Securities and Exchange Commission
► Perform an internal audit
► Gather competitive intelligence and information about external trends
► Hire a consultant to develop a comprehensive strategic plan.
Whenever new firms can easily enter a particular industry, the intensity of competitiveness
among firms______________.
► Stays the same
► Increases
► Decreases
► Neutralize
A standardized, detailed set of techniques and behaviors that manage anxieties, but seldom
produce intended, technical consequences of practical results are called__________.
► Folktales
► Rite
► Metaphor
► Rituals
Which of the following stages in the strategy-formulation framework focuses on generating

feasible alternative strategies?
► Input
► Output
► Decision
► Matching
Which strategies use a firm’s strengths to avoid or reduce the impact of external threats?
► SW
► WO
► SW
► ST

Which of the following is not a SPACE Matrix quadrant?
► Aggressive
► Defensive
► Competitive
► Offensive
Which of the following is an attractive strategy for a cash cow division?
► Concentric diversification
► Horizontal integration
► Conglomerate diversification
► Backward integration
Strategy formulation:
► Is managing forces during the action
► Focuses on effectiveness
► Is primarily an operational process
► Requires coordination among many people
Conflict in an organization is___________.
► Always bad
► Always good
► Sometimes good and sometimes bad
► A sign of bankruptcy
Which term is most often concerned primarily with shareholder well-being rather than
employee well-being?
► Benchmarking
► Reengineering
► Product redesign
► Restructuring
A change strategy that attempts to convince people that the change is in their personal
advantage is:
► Diffusion
► Force
► Educative
► Rational
Which of the following variables would not be considered part of the place element of the
marketing mix?
► Availability of the product
► Labeling
► Distribution channel
► Sales territory
R&D employees and managers perform all of the following tasks except:
► Transferring complex technology
► Alternating products to particular tastes and specifications
► Researching resource availability

► Adapting processes to local markets
Planning includes breaking tasks into jobs, combining jobs to form departments and
delegating authority.
► True
► False
Most of the small organizations have divisional structure.
► True
► False
Customer profiling can reveal the demographic characteristics of an organization’s customers.
► True
► False
Strategic decision is the allocation and reallocation of capital and resources to projects,
products, assets and divisions of an organization.
► True
► False
Liquidity ratios measures a firm’s ability to meet maturing short-term obligations
► True
► False

A SWOT Matrix is composed of four cells for the four types of strategies it creates.
► True
► False
Not allocating resources according to the priorities indicated by approved objectives is

detrimental to the strategic-management process.
► True
► False
Resistance to change can be considered the single greatest threat to successful strategy
implementation.
► True
► False
R&D policies can enhance strategy implementation efforts to emphasize product or process
improvements.
► True
► False
Too much emphasis on evaluating strategies may be expensive and counterproductive.
► True
► False
Question No: 26 ( Marks: 5 )
“QSPM (Quantitative Strategic Planning Matrix) is not without limitations” Discuss.

A company has changed its strategy to compete on low cost to high quality provider of goods
and services. What positive and negative points it may have?
Why vision and mission are different. Are both necessary for organizations?
Using a Grand Strategy Matrix approach, what strategies are recommended for a firm that
is a strong competitor in a rapid-growing market? Elaborate on what these strategies could
mean for an electronics company.
Discuss similarities and dissimilarities of restructuring and reengineering.

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MIDTERM EXAMINATION
FALL 2007 Marks: 40
Student Name: ______________________________
Center Name/Code: ______________________________
Exam Date: Thursday, December 06, 2007
Please read the following instructions carefully before attempting any question:
All questions are compulsory.
This exam consists of 15 Multiple Choice Questions (MCQs) carrying 1 mark each; 3 Short
Questions carrying 5 marks each; and 1 descriptive question –carrying 10 marks.
For each MCQ, read the available choices carefully and select the most appropriate choice
which you consider is the correct answer, by clicking on the appropriate check box.
To answer fill in the blanks questions, write the word which you think is the most suitable by
comprehending the whole phrase.
Remember not to spend too much time on any one objective type question since all objective
type questions carry equal marks; it is important to manage your time according to the marks
allocated to each question.
If you believe that some essential piece of information is missing, make an appropriate
assumption and use it to solve the problem.
Save your answer before proceeding to the next question.
Do not click the “Finish” button while solving your paper. Once you clicked the “Finish”
button, you will not be able to access your paper again. Click it at the end of your paper. That
means you have submitted your complete paper.
A clock is given in the exam software. Software will automatically close at the end of given
time.
Use of mobile phone is strictly prohibited. Switch off your mobile phone during the exam.
Failure to comply with the Supervisor’s directions will result in your test being cancelled.
Please comply with supervisor’s directions to avoid any unpleasant event.
Question 1 2 3 4 5 6 7 8 9 10 Total
Marks
Question 11 12 13 14 15 16 17 18 19
Marks
Question
Marks
Vision and mission statements can often found
► At the back of annual report
► In the front of annual reports
► In executive summary
► In annexure
Carefully prepared statements of vision and mission are widely recognized as
► The last step of strategic management
► Middle level steps in strategic managemen
► The first step in strategic management
► None of the mentioned options
Environmental changes
► Should change a mission statement
► Should not change a mission statement
► Should not have any effect on organization
Industry analysis is also referred to as
► Internal strategic management audit

► External strategic management audit
► Strengths and weakness analysis
______________can be the most important part of an external audit for firms that depend
heavily on government contracts.
► Environmental forecasts
► Demographic forecasts
► Technological forecasts
► Political forecasts
Forward integration is used by firms to gain control or ownership of:
► Customers
► Suppliers
► Distributors
____________________can be the most important force impacting competitive advantage.
► The bargaining power of consumers
► The bargaining power of suppliers
► The bargaining power of distributors
Forecasts are educated assumptions about
► Customers
► Political issues
► Future trends and events
Quantitative forecasts become __________as historical relationships become less stable.
► Less accurate
► More accurate
► More constant
Globalization is a process of worldwide integration of_____ activities
► Strategy formulation
► Strategy implementation
► Strategy evaluation
► All of the above mentioned options
The critical success factors in a Competitive Profile Matrix are often ________as those in an
EFE Matrix.
► Different
► Same
► Identical
Intensity of competition _______ in lower-return industries.
► Is lowest
► Is non-existent
► Is highest
► Is not important
A _________ is a standardized, detailed set of techniques and behaviors that manage anxieties
but seldom produce intended, technical consequences of practical importance.
► Ritual
► Rite
► Metaphor
The only certain thing about the future of any organization is ________.
► Customer
► Change
► Culture
► Stakeholder
__________ is the management function that is most important for the _______stage of the
strategic management process.
► Controlling, implementation
► Evaluation, formulation
► Controlling, evaluation
There are four basic steps of controlling functions of management. Identify these steps.
Suppose a company is using strategy of providing rapid and frequent introduction of new
products. What possible advantages and disadvantages it may has?
Staffing comes under the strategy implementation phase. What types of activities are
included in staffing of an organization?
As a strategic manager of a company ABC, you are required to prepare a document

containing all the information about doing internal audit. What components will you include
in it?
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MIDTERM EXAMINATION
SPRING 2007 Marks: 40
Student Name: ______________________________
Center Name/Code: ______________________________
Exam Date: Friday, May 11, 2007
Instructions
All the questions are compulsory.
This exam consists of 10 Multiple Choice Questions (MCQs),5 true/false, 3 short questions and 1
long descriptive question.
For each MCQ, read the given options carefully and select the most appropriate or the best suitable
answer.
Time management is very important.
Remember not to spend too much time on any MCQ or true/false. Since all MCQ's and true/false
carries equal marks, it is important to manage your time accordingly.
The use of notes, handouts, books or any other helping material is strictly prohibited in the centre
during the exam.
Please answer the short and long descriptive questions keeping in view the marks allocated for each
question.
Do not click "Finish button" while solving your paper. Once you clicked the "Finish button" you
will not be able to access your paper again. Click it at the end of your paper. That means you have
submitted your complete paper.
A clock is given in th exam software. Software will automatically be closed at prescribed time.
You may wish to pace yourself with your own watch, but the supervisor will be the official
timekeeper of the test.
Please comply with supervisor’s directions to avoid any unpleasant event.
Failure to comply with the supervisor’s directions may result in your paper being cancelled.

Question 1 2 3 4 5 6 7 8 9 10 Total
Marks
Question 11 12 13 14 15 16 17 18 19
Marks
Question
Marks
Internal and external environment generally set the _______________
► Strategies
► Goals
► Both of the options given
► None of the options given
_______________are individuals who are most responsible for the success or failure of an
organization.
► Managers
► Internal auditors
► Strategists

__________________includes all those factors which affect the organization and itself
affected by the organization.
► Social environment
► Task environment
► PEST analysis
Objectives should not be ___________________
► Measurable
► Realistic
► Qualitative
► Understandable
A clear ___________is needed before alternative strategies can be formulated and

implemented.
► Mission statement
► Vision statement
► Strategy
The process of performing an external audit must involve _______________
► As many managers and employees as possible
► As less as possible managers and employees
► Just manger not employees
Compared to __________, the process of performing an _______________ provides more

opportunity for participants to understand how their jobs, departments, and divisions fit into
the whole organization.
► External audit, internal audit
► Internal audit, External audit
► Organizational analysis, industrial analysis
Which of the following is true about organizing?
► Determining who does what and who reports to whom
► An essential bridge between the present and the future that increases the likelihood of
achieving desired results
► A process of influencing people to accomplish specific objectives
The investment decision is also called ___________________
► Capital budgeting
► Financing decision
► Dividend decisions
What refers to a strategy of seeking ownership of or increased control over a firm’s

competitors?
► Forward integration
► Conglomerate diversification
► Backward integration
► Horizontal integration
All organizations develop a systematic structure that defines and limits the behavior of their
members.
► True
► False
In evaluation phase of strategic management annual objectives are especially important.
► True
► False
The decision-making model consists of four styles: directive, analytic, behavioral, and group
interaction.
► True
► False
Staffing is the basic duty of a manager.
► True
► False
An organization should use backward integration strategy only if it competes in a no-growth or a

slow-growth industry.
► True
► False
Given below is the mission statement of a company. You are required to evaluate the
statement based on the following criteria specified. Justify your answer.
Criteria
• Philosophy
• Self concept
• Products and services
• Market
• Concern for public image
Mission Statement
“GEO informs and entertains while celebrating cultures and prompting dialogue in the spirit of
"live and let live".
Suppose according to the IFE matrix, the weighted score of a certain company is 2.20. How
that company will interpret this score in terms of its internal factors.
State the name of Michael porter’s generic strategies and define any two of them.
Define the following terms
• Horizontal integration
• Product development
• Concentric diversification
• Retrenchment
• Joint venture

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Student Name: ______________________________

Center Name/Code: ______________________________

Exam Date: Thursday, March 20, 2008

For Teacher's use only

Stakeholders of an organization include:

► Stockholders and customers

► Stockholders, customers and creditors

► Stockholders, customers, creditors and competitors

Question No: 2 ( Marks: 1 ) - Please choose one

__________________ can be the most important force impacting competitive advantage.

► The bargaining power of suppliers

► The bargaining power of distributors

► The bargaining power of consumers

► All of the mentioned options

Question No: 3 ( Marks: 1 ) - Please choose one

To perform an external audit, a company first must:

► Get an approval from the Securities and Exchange Commission

► Perform an internal audit

► Gather competitive intelligence and information about external trends

► Hire a consultant to develop a comprehensive strategic plan.

Question No: 4 ( Marks: 1 ) - Please choose one

► Stays the same

Question No: 5 ( Marks: 1 ) - Please choose one

Question No: 6 ( Marks: 1 ) - Please choose one

Which of the following stages in the strategy-formulation framework focuses on generating

Question No: 7 ( Marks: 1 ) - Please choose one

Question No: 8 ( Marks: 1 ) - Please choose one

Question No: 9 ( Marks: 1 ) - Please choose one

Which of the following is an attractive strategy for a cash cow division?

Question No: 10 ( Marks: 1 ) - Please choose one

► Is managing forces during the action

► Is primarily an operational process

► Requires coordination among many people

Question No: 11 ( Marks: 1 ) - Please choose one

Conflict in an organization is___________.

► Sometimes good and sometimes bad

Question No: 12 ( Marks: 1 ) - Please choose one

Question No: 13 ( Marks: 1 ) - Please choose one

Question No: 14 ( Marks: 1 ) - Please choose one

► Availability of the product

Question No: 15 ( Marks: 1 ) - Please choose one

► Transferring complex technology

► Alternating products to particular tastes and specifications

► Researching resource availability

Question No: 16 ( Marks: 1 ) - Please choose one

Question No: 17 ( Marks: 1 ) - Please choose one

Most of the small organizations have divisional structure.

Question No: 18 ( Marks: 1 ) - Please choose one

Customer profiling can reveal the demographic characteristics of an organization’s customers.

Question No: 19 ( Marks: 1 ) - Please choose one

Question No: 20 ( Marks: 1 ) - Please choose one

Liquidity ratios measures a firm’s ability to meet maturing short-term obligations

Question No: 21 ( Marks: 1 ) - Please choose one

Question No: 22 ( Marks: 1 ) - Please choose one

Not allocating resources according to the priorities indicated by approved objectives is

Question No: 23 ( Marks: 1 ) - Please choose one

Question No: 24 ( Marks: 1 ) - Please choose one

Question No: 25 ( Marks: 1 ) - Please choose one

Too much emphasis on evaluating strategies may be expensive and counterproductive.

Question No: 26 ( Marks: 5 )

“QSPM (Quantitative Strategic Planning Matrix) is not without limitations” Discuss.

Question No: 27 ( Marks: 5 )

Question No: 28 ( Marks: 5 )

Time management is very important.

Please comply with supervisor’s directions to avoid any unpleasant event.