MGT657 - GROUP 5

MGT657 - GROUP 5

University

7 Qs

quiz-placeholder

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MGT657 - GROUP 5

MGT657 - GROUP 5

Assessment

Quiz

Other

University

Hard

Created by

Siti Maryam

Used 16+ times

FREE Resource

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Strategic Business Unit (SBU) Structure:

  • makes the tasks of planning & control by corporate office more manageable

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Choose the correct combination of SWOT strategies.

WO strategies (weaknesses - opportunities)

OT strategies (opportunities - threats)

SW strategies ( strength-weaknesses)

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the meaning of auditing?

" a systematic process of objectively obtaining and evaluating evidence regarding assertations about economic actions and events to ascertain the degree of correspondence between these assertions and established criteria"

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are strategy evaluation activities EXCEPT:

Reviewing bases of strategy

Decision making

Measuring organizational performance

Taking corrective action

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are the desired characteristic of objectives. EXCEPT

Qualitative

Hieararchical

Measurable

Realistic

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is market segmentation important in strategy implementation?

b) it allows firms to operate without mass advertising or production

c) it is used to create product-positioning maps

d) It involves evaluating the corporate value of a business.

a) It determines dividend payout ratios.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the benefit of a firm being the first mover

a) to gain market share

b) to gain economic of scale

c) to gain new knowledge of critical success factors and issues

d) to gain access to new suppliers distributors, customers, products and creditors