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BME-SM Pre-Exam 2023

Total questions: 62

Worksheet time: 1hrs 2mins

Name
Class
Date
1.

Are results of market-centered intangibles such as brands, company names, customer loyalty, repeat business, distribution channels, contracts, and agreements.

a)

Infrastructure Assets

b)

Intellectual Property Assets

c)

Human Resource Assets

d)

Marketing Assets

2.

Are the strengths of organizations that consist of collective “expertise”, personal traits, creative and problem-solving capabilities, managerial, entrepreneurial, and competency asset skills, and organizational human-centered assets.

a)

Human Resource Assets

b)

Intellectual Property Assets

c)

Infrastructure Assets

d)

Marketing Assets

3.

Aside from the management, constitute a significant part of the organizational milieu.

a)

Organizational Policies

b)

Management

c)

Employee

d)

Financial Policies

4.

Expected of employees performing job functions in marketing, production, human resource, technology, and finance.

a)

Core Competencies

b)

Functional Competencies

c)

Managerial Competencies

d)

Competency

5.

In some companies, the sub-businesses are assigned to product group managers, each of them are given key operating and staff functions.

a)

Product Organizational Structure

b)

Functional Organizational Structure

c)

Territorial Organizational Structure

d)

Organizational Structure

6.

Marketing Strategy is not part of Strategic Management.

a)

This statement is TRUE.

b)

This statement is FALSE.

7.

In some companies, the sub-businesses are assigned to product group managers, each of them are given key operating and staff functions.

a)

Matrix Organizational Structure

b)

Market-Centered Organizational Structure

c)

Product Organizational Structure

d)

SBU Organizational Structure

8.

In this system, the target market is divided into geographical unit according to certain criteria.

a)

Territorial Organization Structure

b)

Product Organizational Structure

c)

Functional Organizational Structure

d)

Organizational Structure

9.

It describes the wide range of structural forms that center on a group of customer needs rather than a region, product line, or function.

a)

Market-Centered Organizational Structure

b)

Product Organizational Structure

c)

Matrix Organizational Structure

d)

SBU Organizational Structure

10.

It determines the direction the organization will take and affect its capability to realize its set business goals and objectives.

a)

Organizational Policies

b)

Employee

c)

Management

d)

Financial Resources

11.

It includes all fundamental competencies expected of every employee. They are minimum requirements set by the organization.

a)

Core Competencies

b)

Managerial Competencies

c)

Functional Competencies

d)

Competency

12.

It includes all service marks, trade names, designs, logos, seals, and symbols that are uniquely developed by an individual, a group of individuals, and an organization.

a)

Technology

b)

Trade Secrets

c)

Trademarks

d)

Brands

13.

In includes company policies, which are the lifeblood of an organizational structure and system in place.

a)

Financial Policies

b)

Employee

c)

Management

d)

Organizational Policies

14.

It is a combination of the sequential and interactive approaches, Feedback loop is essentially interactive.

a)

Sequential Strategic Control

b)

Feedback Strategic Control

c)

Management Strategic Control

d)

Interactive Strategic Control

15.

It is a special types of strategic control that is applied when immediate reconsideration of an organization’s strategy/strategies is pursued.

a)

Implementation Control

b)

Presupposition Control

c)

Strategy Surveillance

d)

Vigilance Control

16.

It is another factor that influences the choice of an organizational structure.

a)

Size of the Firm

b)

Market

c)

Competition

d)

Product

17.

It is applied to evaluate whether the intermediate strategies are consistent with the overall strategy.

a)

Vigilance Control

b)

Presupposition Control

c)

Implementation Control

d)

Strategy Surveillance

18.

It is designed to check systematically and regularly whether the arguments s are siring the planning and implementation process are still boring.

a)

Strategy Surveillance

b)

Presupposition Control

c)

Vigilance Control

d)

Implementation Control

19.

It is efficient for establishing specialist resources but is best for integrating functions.

a)

Market-Centered Organizational Structure

b)

Matrix Organizational Structure

c)

SBU Organizational Structure

d)

Product Organizational Structure

20.

It is more appropriate approach for strategic control, describes as interactive, this approach shows the communicating and collaborative nature of the processes of the strategy formulation, strategy implementation, and strategy control.

a)

Interactive Strategic Control

b)

Management Strategic Control

c)

Feedback Strategic Control

d)

Sequential Strategic Control

21.

It is the process of monitoring the various strategies of the organization and determining whether is parallelism between the organizational milieu and that of the environment.

a)

Interactive Strategic Control

b)

Managerial Control

c)

Sequential Strategic Control

d)

Strategic Control

22.

It is the traditional way of looking a strategic monitoring.

a)

Sequential Strategic Control

b)

Management Strategic Control

c)

Feedback Strategic Control

d)

Interactive Strategic Control

23.

It refers to the administrative supervision of an organization. It includes leadership, the organization’s vision-mission, goals, and objectives to attain organizational success.

a)

Management

b)

Employee

c)

Financial Policies

d)

Organizational Policies

24.

It refers to the knowledge, attitudes and skills expected of an individual in carrying out his job tasks.

a)

Competency

b)

Functional Competencies

c)

Managerial Competencies

d)

Core Competencies

25.

It refers to the system or mode by which a group of individuals is able to achieve its desired goals.

a)

Product Organizational Structure

b)

Functional Organizational Structures

c)

Territorial Organizational Structure

d)

Organizational Structure

26.

Its applications are in the fields of agriculture, business, science and education among others. It is an infrastructure asset when its impact produces phenomenal outcomes.

a)

Technology

b)

Trade Secrets

c)

Brands

d)

Trademarks

27.

They are organized information in the form of operating systems, utilities, programs, and applications.

a)

System Software

b)

Software

c)

Computer Programs

d)

Application Software

28.

This division structure raises the issue of whether any marketing functions should be performed at the corporate staff level.

a)

Product Organizational Structure

b)

Market-Centered Organizational Structure

c)

Matrix Organizational Structure

d)

SBU Organizational Structure

29.

When an organization processes intellectual property assets, the entity is said to have created a competitive edge.

a)

Market-Centered Organizational Structure

b)

Product Organizational Structure

c)

Organizational Monopoly

d)

Comparative Advantages

30.

It refers to assets that result from activities of the mind.

a)

Infrastructure Assets

b)

Intellectual Property Assets

c)

Human Resource Assets

d)

Marketing Assets

31.

Brands are considered as effective means to attain market supremacy.

a)

TRUE

b)

FALSE

32.

It handles common and specific tasks like word processing and others.

a)

Software

b)

Application Software

c)

System Software

d)

Technology

33.

Controls the basic functions of a computer and usually come preinstalled with the computer.

a)

Application Software

b)

Software

c)

System Software

d)

Technology

34.

Organization determine the direction that will take and affect its capability to realize its set business goals and objectives.

a)

Organizational Policies

b)

Facilitating Control

c)

Financial Resources

d)

Management

35.

These may be simple and crude as long as they are functioning and producing the desired output.

a)

Financial Resources

b)

Employees

c)

Organization

d)

Facilities and Equipments

36.

Refers to the purpose of organization.

a)

Goal

b)

Vision

c)

Objective

d)

Mission

37.

Refers to the image that the organization aims to establish and project to both its employees and the oublic.

a)

Mission

b)

Vision

c)

Goal

d)

Objective

38.

Is foremost in the management of any business. Someone who inspires his employees and stretches them to their optimum productivity.

a)

Organization

b)

Management

c)

Leadership

d)

Employee

39.

In order to anticipate changes managers make decisions accordingly because markets are dynamic and subject to change.

a)

Providing Information

b)

Cost of System

c)

Facilitating Control

d)

Flexibility

40.

An individual actions is often called team effort.

a)

Facilitating Control

b)

Providing Information

c)

Coordination

d)

Flexibility

41.

A final actor that affects the structure of an organization prevailing in the company.

a)

Philosophy of Management

b)

The Market

c)

The Products

d)

Size of the Firm

42.

A firm may find it necessary to organize its marketing efforts following the requirements.

a)

Philosophy of Management

b)

The Products

c)

The Market

d)

Competition

43.

Geographic dispersion, income class, and buyer behavior need to be considered in organizing the market unit.

a)

Competition

b)

The Market

c)

Size of the Firm

d)

Philosophy of Management

44.

It will indicate the complexity of its organization.

a)

The Products

b)

The Market

c)

Size of the Firm

d)

Competition

45.

An effective but less expensive medium for product and service identification.

a)

Market Dominance

b)

Competitive Edge

c)

Market Asset

d)

Comparative Advantage

46.

Include positive organizational features like structure, quality standards, and technology that enable an organization to establish its comparative advantage.

a)

Market Assets

b)

Infrastructure Assets

c)

Intellectual Property Assets

d)

Human Resource Assets

47.

A streamlined organizational structure makes communication between management and employees easier because it eliminates bureaucracy.

a)

Competitive Edge

b)

Infrastructure Asset

c)

Comparative Advantage

d)

Market Dominance

48.

It is an administrative and attitudinal nature.

a)

Functional Competencies

b)

Core Competencies

c)

Managerial Competencies

d)

Competency

49.

Another facet of successful intellectual capital management is called.

a)

Competency Learning

b)

Competitive Innovation

c)

Strategic Control

d)

Strategic Enhancement

50.

It is a good source of knowledge and enhancement.

a)

Training

b)

Education

c)

Brand

d)

Technology

51.

It helps to provide employees with understanding, and adaptability to changing global demands.

a)

Education

b)

Culture

c)

Training

d)

Management

52.

Are the assets to the organization.

a)

Employees

b)

Experts

c)

Manager

d)

Customers

53.

It help to create appropriate market plans and competitive product positioning.

a)

Infrastructure Technology

b)

Financial Resources

c)

Market Data

d)

Human Resource Expertise

54.

Illustrates productivity and reinforces efficiency in organizational learning.

a)

Education

b)

Training

c)

Bench Learning

d)

Competency Learning

55.

Is the best assurance in achieving business sustainability, competitive advantage, and consequently, creating bargaining power.

a)

Innovator

b)

Competency

c)

Innovation

d)

Revolutionizing

56.

Are the last phase of the strategic management process.

a)

Strategic Evaluation and Controls

b)

Strategic Control

c)

Implementation Control

d)

Strategy Surveillance

57.

Is a monitoring system whereby a broad range of occurrences inside and outside the organizations.

a)

Surveillance

b)

Presupposition Control

c)

Implementation Control

d)

Strategy Surveillance

58.

It means shadowing, observing, and scrutinizing the milieu.

a)

Surveillance

b)

Vigilance Control

c)

Strategy Surveillance

d)

Interactive Control

59.

Are the modes expressed through financial metrics.

a)

Market Performance

b)

Financial Performance

c)

Efficiency and Productivity Performance

d)

People Performance

60.

Emphasis of every organization that aims to achieve success.

a)

Financial Performance

b)

People Performance

c)

Efficiency and Productivity Performance

d)

Market Performance

61.

It generates more sales and consumer leverage.

a)

Market Peformance

b)

People Performance

c)

Financial Performance

d)

Efficiency and Productivity Performance

62.

Is the essential to the maximization of output.

a)

Financial Performance

b)

Market Performance

c)

Efficiency and Productivity Performance

d)

People Performance