In: Finance
Question 1.
A review of a company’s business plan and strategies to identify weaknesses and shortcomings and enable the successful development of the company is called
Strategic Plan
Strategic Formulation
Strategic Direction
Strategic Audit
Question 2.
Estimation of capital requirement, capital composition and investment of funds are functions of which of the following
Financial Management
Fiscal Management
Strategic Management
Budget Controls
Question 3.
The abbreviation VRIO stands for which of the following
Valuable, Real, Inimitable, Organised
Valuable, Rare, Inimitable, Orderly
Valuable, Rare, Inimitable, Organised
Valuable, Rare, Imitable, Organised
Question 4.
A specific ‘manoeuvre’ intended to outwit an opponent or competitor is called
Plan
Ploy
Tactic
Strategy
Question 5.
To know more about competitors you need to analyze their sales literature, advertisement, their customer’s feedback and which of the following
Commissioned Market Research
Scientific Research
Financial Research
Academic Research
Question 6.
Assessment of core activities include premises, facilities, information technology and which of the following
Competition
Customers
Bank Deposits
People And Skills
Question 7.
The resource audit, value chain analysis and core competence analysis help to define which of the following of a business
Innovative Capabilities
Global Capabilities
Strategic Capabilities
Financial Capabilities
Question 8.
Portfolio Analysis analyses the overall ----------- of the strategic business units of a business.
Structure
Picture
Balance
Strategy
Question 9.
The products in which category of the BCG Matrix are certain values, which bring profits and supply cash for financing the products in the other categories.
Stars
Dogs
Question Marks
Cash Cows
Question 10.
One of the ways to effectively communicate and manage crises is to avoid presenting -----------Messages
Conflicting
Clear
Timely
Dominant
1. Strategic audit - strategic audit are done if the expected performance is not there. Then strategic audit done for evaluation and analysing business plan.
2. Financial management.- the main functions in Financial management are, Investment decision, Finance decision,dividend decision.Management of cash flow,Controlling of Finances are other functions.
3. Valuable,Rare,imitable,Orgnised - it is a kind of analysis used for ensuring effectivity of decisions.
4.Strategy- As a plan strategy is a maneuver to outwit an opponent
5. Financial research- it is an essential part of competitive analysis
6. Customer- customer service is a core business activity
7. Strategic capabilities- are directly related to competitive advantage or core competencies
8. Structure- it analyses structure there by prepares Strategies
9.Cash cows- it earnings exceeds outflows or it earns more than it cost and also helps to finance question mark
10. Conflicting message- contradictory messages are to be eliminated