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Entrepreneurship Development & Business Strategies: BHCT-408

Total questions: 20

Worksheet time: 32mins

Name
Class
Date
1.

The process by which top management determines the long-term direction of the organization by ensuring that careful formulation, implementation and continuous evaluation of strategy take place is known as

a)

Strategic Decision Making

b)

Strategic Management

c)

Strategic Planning

d)

None of the Above

2.

The process of Strategic Management includes:-

a)

Strategy Formulation

b)

Strategy Implementation

c)

Strategy Control

d)

All of the above

3.

________________is a statement of what is to be achievable, measurable and stated with specific time frames.

a)

Vision

b)

Mission

c)

Objective

d)

Goal

4.

PEST Analysis is referred to:-

a)

Political, Economical, Social & Technological Analysis

b)

Personal, Economical, Social & Technological Analysis

c)

Political, Economical, Social & Time Analysis

d)

Political, Economical, Systematic & Technological Analysis

5.

Stability Strategy is consist of:-

a)

No change Strategy

b)

Small Exploration Strategy

c)

Consolidation

d)

All of the Above

6.

_________________is a planned system of collecting, storing, and disseminating data in the form of information needed to carry out the functions of management.

a)

Management Inclusive System

b)

Management Information System

c)

Managerial Information System

d)

Management Interpretation System

7.

Robert Anthony's Framework for Understanding MIS include:-

a)

Strategic Planning

b)

Managerial Control

c)

Operational Control

d)

All of the Above

8.

PERT stands for:-

a)

People's Evaluation & Review Technique

b)

Project Evaluation & Referring Technique

c)

Project Evaluation & Review Technique

d)

None of the Above

9.

____________is the reorder quantity that minimizes the total incremental cost of holding inventory and the cost of ordering replenishment.

a)

Re-order Level

b)

Economic Order Quantity

c)

Danger Level

d)

None of the Above

10.

The application of scientific methods, techniques and tools to problems involving the operations of a system so as to provide those in the control of the system with optimum solutions to the problems is known as:-

a)

Operational Research

b)

Applied Research

c)

Action Research

d)

Actual Research

11.

Advantages of Project Financing are:-

a)

Effective Debt Allocation

b)

Risk Management

c)

Economies of Scale

d)

All of the Above

12.

IDBI stands for:-

a)

Industrial Developing Bank of India

b)

International Development Bank of India

c)

Industrial Development Bank of India

d)

None of the above

13.

___________are companies in the financial sector that provide a broad range of business and services including banking, insurance, and investment management.

A)B)C)D)

a)

Financial Institutions

b)

Venture Capitalist

c)

Sponsors

d)

All of the Above

14.

Information can be classified into:-

a)

Strategic Information

b)

Tactical Information

c)

Operational Information

d)

All of the Above

15.

_______________represents the automation of the fundamental, routine process used to support business operations.

a)

DSS

b)

TPS

c)

ESS

d)

BES

16.

Discuss the role of Computer Applications in Hotel Operation

4 lines
17.

Write a short note on Critical Path Method (CPM)

4 lines
18.

What is Project Report? Why it is important?

4 lines
19.

Your Name

4 lines
20.

Your Enrollment NO.

4 lines