What has been the rationale behind Geek-ode Consulting’s management for treating big data business and 3D business amenable to separate strategic treatment?

The businesses were unmanageable

Choose the appropriate options provided by the CEO on behalf of the board

Hold the event outside India to enhance earning through broadcast and sponsorships

Cancel the event in the absence of scope of spectators

Hold the event in India at an isolated location despite inadequate facilities

Postpose for the current period of pandemic

Critical Business process that should be the first priority for the board to enhance revenue in case the event is physically held

Information technology enabled processes involving audience and sponsors

Cost- effective hotel accommodation and travel

Reduced revenue share to stakeholders

Downsizing the composition of delegations

The decisions that are going to be considered by the board for overcoming the situation can be strategic only if:

Significantly impact on the long-term prosperity of the league

No reliance on external environment as they change and cannot be predicted

The league should generate revenue to meet its operational costs

The stakeholders are duly compensated in the short run

Which of the following is untrue about Delilah May’s team?

They would work isolated but work towards core business strategies

They are a group of functional level managers

They are aimed at facilitating the business level strategies

They would be responsible for control of their respective function

Which of the following is a focal weak point for FITX’s success if the pandemic allows more time for competitors to conceptualise something similar?

Easy access to distribution channels

MindMaze - Consulting Quiz - Round 2

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Professional Development

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20 questions

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MULTIPLE CHOICE QUESTION

30 sec • 1 pt

HEAL-ME envisages to be the most admired and responsible healthcare equipment company with international footprint. Is this a vision or a mission? If this is HEAL-ME’s vision, then which of the following is not essential while drafting the strategic vision?

It should clearly illuminate the direction in which the organisation is headed

It should create enthusiasm among members of the organisation

It should be rigidly defined to prepare the organisation for the future

This is a mission statement and not a vision statement

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following steps in benchmarking did HEAL-ME skip which eventually lead to the failure of the benchmarking process?

Identifying the need for benchmarking

Comparing the own process and performance with that of others

Identifying the best process

Reporting and implementing the steps to bridge the gaps identified

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Dr. Ram has been instrumental in bringing about monumental changes in the company’s structure and working culture. He has been very approachable yet feared by employees at all levels. What kind of leadership style be termed as?

Transactional leadership style

Autocratic leadership style

Diplomatic leadership style

Transformational leadership style

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The recent international recognition that the company has got for ROLL-X has turned around its strategy all together. Which of the following Michael Porter’s generic strategies should HEAL-ME follow?

Cost leadership

Focused differentiation

Differentiation

Focused cost leadership

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an entry barrier for HEAL-ME?

Brand identity

Capital Requirement

Access to distribution channels

Product differentiation

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Applying BCG Matrix, identify the correct investment category for the new 3D printing business code of Geek-ode Consulting, at the time of merger?

Star

Cash Cow

Dog

Question mark

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which strategy has been adopted by Geek-ode Consulting to overcome the difficulties of low-market share for its “3D Printing” business?

Dynamic strategy

Adaptive Strategy

Intended strategy

Sound strategy

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MindMaze - Consulting Quiz - Round 2

HEAL-ME envisages to be the most admired and responsible healthcare equipment company with international footprint. Is this a vision or a mission? If this is HEAL-ME’s vision, then which of the following is not essential while drafting the strategic vision?

Which of the following steps in benchmarking did HEAL-ME skip which eventually lead to the failure of the benchmarking process?

Dr. Ram has been instrumental in bringing about monumental changes in the company’s structure and working culture. He has been very approachable yet feared by employees at all levels. What kind of leadership style be termed as?

The recent international recognition that the company has got for ROLL-X has turned around its strategy all together. Which of the following Michael Porter’s generic strategies should HEAL-ME follow?

Which of the following is an entry barrier for HEAL-ME?

Applying BCG Matrix, identify the correct investment category for the new 3D printing business code of Geek-ode Consulting, at the time of merger?

Which strategy has been adopted by Geek-ode Consulting to overcome the difficulties of low-market share for its “3D Printing” business?

Make the correct growth and expansion strategy employed by Geek-ode Consulting in merging with the startup named “GoCreatVe”?

What has been the rationale behind Geek-ode Consulting’s management for treating big data business and 3D business amenable to separate strategic treatment?

Which type of strategic control was adopted by Geek-ode Consulting when a new legal regulation proposed that women workers shall have the option to work from home?

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