MGT603 Final Term Updated MCQs by VU Topper RM

Q1. Vu-Topper RM (1 marks)

A. Minimizes career development B.

Allows for rapid decision making

C. Accountability forced to the top D. Low employee/manager morale

Q2. Vu-Topper RM (1 marks)

Which of the following are the two external dimensions to be considered in SPACE Matrix?

A. Environmental stability and competitive advantage B.

Environmental stability and industrial strength

C. Industrial strength and Financial strength D. Industrial strength and competitive advantage

Q3. Vu-Topper RM (1 marks)

Which approach for managing and resolving conflict involves playing down differences between conflicting parties while stressing on similarities and common interests?

A.

Diffusion

B. Confrontation C. Compliance D. Avoidance

Q4. Vu-Topper RM (1 marks)

A. B. C. D.

Q5. Vu-Topper RM (1 marks)

When a division of an organization has a high relative market share and is in a fast-growing industry, it will be categorized as which type in BCG matrix?

A. Cash cow B. Question mark C.

star

D. dog

Q6. Vu-Topper RM (1 marks)

Cola Next introduces its products in the Gilgit-Baltistan region is an example of?

A. Market penetration B. C.

Market development

D. Product development

Q7. Vu-Topper RM (1 marks)

Identify the effective strategy when a firm has a strong management team. A. B. C. Unrelated diversification D.

Related diversification

Q8. Vu-Topper RM (1 marks)

An organization’s division that has a low relative market share position and competes in a slow-growth industry is known as: A. star B.

dog

C. Cash cow D. Question mark

Q9. Vu-Topper RM (1 marks)

Which of the followings best describes the Horizontal integration? A. A firm takes over a manufacturer B. A firm takes over a supplier C. A firm takes over a distributor D.

A firm takes over a competitor

Q10. Vu-Topper RM (1 marks)

Which of the following is a defensive strategy that involves the reduction of costs and assets by a company in order to survive and recover from declining profits?

A. B. Divestiture C. Low cost D. Liquidation

Q11. Vu-Topper RM (1 marks)

Which one of the following is a reason for NOT choosing relative market share in BCG matrix than profits?

A.

It carries less information than just cash flow

B. It shows where the brand is positioned against competitors C. It can also show what type of marketing activities D. It indicates where it might be likely to go in the future

Q12. Vu-Topper RM (1 marks)

Which one of the following is FALSE about the requirements for successful segmentation?

A. Segments are accessible and actionable B.

Segments should be homogeneous

C. Segment is large enough to be profitable D. Segments are measurable and identifiable