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WorksheetsCA FOUNDATION BCK CHAP 2
Total questions: 30
Worksheet time: 15mins
Name
Class
Date
1.
Actions seek to enhance the organisations performance by establishing a competitive advantage over its Rivals is known as
a)
Administrative response
b)
Competitive response
c)
Collective response
d)
None
2.
_________ can be the process by which organisations monitor their relevant environment to identify opportunities and threats
a)
Environmental analysis
b)
Business Environment
c)
Environmental scanning
d)
Micro environment
3.
An effective organizational strategy, therefore is one that capitalizes on the opportunities through the use of strengths and neutralizes the-
a)
Opportunities
b)
Threats
c)
Strengths
d)
None
4.
In the PESTLE frame work for environment analysis what does the letter T stand for
a)
Technical
b)
Technological
c)
Term
d)
Tenure
5.
Which of Element is a macro environment
a)
Customer
b)
Market
c)
Competitors
d)
Government
6.
Economic resources, the level of income economics policies are example of
a)
Demographic Environment
b)
Political Environment
c)
Economic Environment
d)
Global Environment
7.
Which of these element are not of macro environment
a)
Political Environment
b)
Economic Environment
c)
Social Environment
d)
Competitors
8.
Study of human population is called as environment
a)
political
b)
demographic
c)
global
d)
economic
9.
Which of the following is not characteristic least resistance strategic response:
a)
simple goal maintaining
b)
passive approach
c)
dynamic
d)
all of the above
10.
Process of strategy formulation starts with:
a)
appraisal of external environment of the organisation
b)
performance analysis
c)
choice of strategy
d)
none of the above
11.
Relationship between organisation and environment can be described through:
a)
exchange of information
b)
exchange of resources
c)
exchange of influence and power
d)
all of the above
12.
All are elements of micro environment except :
a)
consumer
b)
suppliers
c)
competitors
d)
society
13.
The term PESTLE analysis is used to describe a framework of analyzing:
a)
macro environment
b)
micro environment
c)
both macro and micro environment
d)
none of the above
14.
A company must have capabilities
a)
the ability to prosper and
b)
the ability to change
c)
both (a) and (b)
d)
none of the above
15.
Business environment represents all external forces, factors or conditions that exert some degree of impact on the
a)
business decisions
b)
strategies
c)
actions taken by the firm
d)
all of the above
16.
These Factors comes under which Macro Environmental Factor " Laws, Employment Law, Competition Law, Health & Safety Law, International Treaty and Law "
a)
POLITICAL
b)
ECONOMIC
c)
SOCIAL
d)
LEGAL
17.
The environment consists of a number of factor events, conditions and influences arising from different sources
a)
complex
b)
dynamic
c)
multi faceted
d)
far reaching impact
18.
It helps the firms to analyse the competitors; strategies and formulate their own strategies accordingly
a)
determining opportunities and threats
b)
giving direction for growth
c)
meeting competition
d)
image building
19.
The organizations receives inputs- finance, materials, manpower, equipment etc
a)
exchange of information
b)
exchange of resources
c)
exchange of influence and power
d)
none of these
20.
The resources are often categorised as 5 M's men,money, method, machine, material
a)
exchange of information
b)
exchange of resources
c)
exchange of influence and power
d)
none of these
21.
These include the formations or clarification of the organization's mission; the development of obiectives, policies and budgets; or the creation of scanning units
a)
administrative response
b)
competitive response
c)
collective response
d)
none of these
22.
To sustain competitive advantage, organization must achieve an external position vis-d-vis their competitors or pertorm internally in ways that are unique, valuable and difficult to imitate
a)
administrative response
b)
competitive response
c)
collective response
d)
none of these.
23.
It help control interdependencies among organization and include such methods as bargaining, contracting, co-opting and creating joint ventures, federations, strategic alliances and consortia
a)
administrative response
b)
competitive response
c)
collective response
d)
none of these.
24.
Micro environment is related to small area or immediate periphery of an organization
a)
The employees of the firm, their characteristics and how they organized
b)
The customer base on which the firm relies for business
c)
The ways in which the firm can raise its finance
d)
All of the above
25.
"The aim of business is to create and retain customer”
a)
Peter Drucker
b)
Fedrric
c)
Marshal
d)
Magginum
26.
Competition shapes
a)
business
b)
profit
c)
forecasting
d)
organisation
27.
Which is not likely to influence an organization
a)
Owners
b)
Board of Directions
c)
Employees
d)
Surroundings
28.
The marketer should study the trends and development and the key success factors of the market he is operating, which one is not the factor
a)
Cost structure of the market
b)
The price sensitivity of the market
c)
Technological structure of the market
d)
The market is immature
29.
This reflects the changes in the ethnic make-up of a population and has implications both for a company's potential customers and for the workforce
a)
Population size
b)
Geographic distribution
c)
Ethic mix
d)
Income distribution
30.
________refers to the nature and direction of the economy in which a company competes or may compete
a)
Economic environment
b)
Fiscal environment
c)
Industrial environment
d)
Export environment
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