MGT603 Midterm Solved Quiz 2 Lectures 1-18 by Hafiz Salman Majeed

MGT603 Online Quiz#2..Lecture#1 to 18..

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Q13. of 20 ( Start time: 05:43:44 PM ) Total Marks: 1

Strategy formulation stage includes all of the following EXCEPT:

Vision and mission Strength and weakness Opportunities and threats Annual objectives

Q16. of 20 ( Start time: 05:44:35 PM ) Total Marks: 1

All of the following would represent possible threats to the ABC Company EXCEPT which one of the following?

Entrance of new competitors Improved buyer or supplier relationships New or revised regulations Slow industry/market growth

Q20. of 20 ( Start time: 05:46:00 PM ) Total Marks: 1

Exclusive access to high grade natural resources is an example of which of the following?

Strength Weakness

Threat

Q10. of 20 ( Start time: 05:52:41 PM ) Total Marks: 1

Which of the following environment includes all those factors which affect the organization and itself affected by the organization?

External environment Social environment Task environment Internal environment

Q19. of 20 ( Start time: 05:54:44 PM ) Total Marks: 1

Which of the followings deals with the management of inputs, transformations and outputs that vary across industries and markets?

Marketing Finance Operations Distribution

Q7. of 20 ( Start time: 06:02:40 PM ) Total Marks: 1

Intuition is based on all of the following factors EXCEPT:

Past experiences Judgments Uncertainties Feelings

Q8. of 20 ( Start time: 06:03:07 PM ) Total Marks: 1

In adapting to change an organization must monitor which of the following?

Ongoing processes Internal and external events Timely changes

Q14. of 20 ( Start time: 06:04:35 PM ) Total Marks: 1

All of the following statements are true about a firm’s mission statement EXPECT:

A mission statement does not directly contribute positively to financial performance. A mission statement directly contributes positively to financial performance. A mission statement should not provide useful criteria for selecting among alternative strategies. Primary reason to develop a mission statement is not to attract the customers

Q15. of 20 ( Start time: 06:05:08 PM ) Total Marks: 1

Which of the following is an example of a narrow mission?

We sell packaged pineapples The firm deals in beverages Stationery is our product Company manufactures food items

Q9. of 20 ( Start time: 06:09:32 PM ) Total Marks: 1

Which of the following statement is TRUE about a Vision statement of a company?

It concentrates on future It defines the customers It identify critical processes It informs about the desired level of performance

Q12. of 20 ( Start time: 06:10:24 PM ) Total Marks: 1

Which of the following is best identified as a statement that presents “a firm's big picture statement, describing a desired end-state, general in scope, and not restrictive”?

Corporate philosophy statement Company creed

Q5. of 20 ( Start time: 06:20:51 PM ) Total Marks: 1

All of the following fall under Pricing decisions EXCEPT:

Discounts Credit terms Markups Dealer relations

Q5. of 20 ( Start time: 06:27:20 PM ) Total Marks: 1

Financial ratios are helpful in analyzing the relationship among which of the following?

All assets and liabilities Profits and costs All functional areas of business Sales and profitability