MGT603 Important Questions Objective and Subjective

MGT603 QUIZ 3 FILE LECTURE 23 TO 28

Q1. ‘Harvest or divest’ is one of the major regions of which of the following?

1. Competitive Profile Matrix
2. Internal-External Matrix
3. SPACE Matrix
4. Grand Strategy Matrix

Correct answer: Internal-External Matrix

Ref:IE Matrix divided into three major regions. Grow and build – Cells I, II, or IV Hold and maintain – Cells III, V, or VII Harvest or divest – Cells VI, VIII, or IX.(Page No.106)

Q2. Which of the following are the two external dimensions to be considered in SPACE Matrix?

1. Environmental stability and industry strength
2. Environmental stability and competitive advantage
3. Industry strength and competitive advantage
4. Industry strength and Financial strength

Correct answer: Environmental stability and industry strength

(page 100)two external dimensions (environmental stability [ES] and industry strength [IS]).

Q3. The IE Matrix consists of how many cells?

1. Seven
2. Eight
3. Nine
4. Ten

Correct answer: Nine

Reference: IE Matrix (Internal and external) Divided into three major regions, Grow and build – Cells I, II, or IV, Hold and maintain – Cells III, V, or VII, Harvest or divest – Cells VI, VIII, or IX.

Q4. Which stage of the strategy-formulation framework consists of the Quantitative Strategic Planning Matrix?

1. Formulation framework
2. Matching stage
3. Decision stage
4. All of the given options

Correct answer: Decision stage

Reference: Stage-3 (Decision stage) QSPM (Quantitative Strategic Planning Matrix).

Q5. All of the following would be considered as opportunities for a business, EXCEPT:

1. Removal of international trade barriers
2. Emergence of unfulfilled customer need
3. Emergence of substitute products Reference (3224 Pages File)
4. Loosening of regulations

Correct answer: Emergence of substitute products Reference (3224 Pages File)

Q6. What strategies are appropriate for the divisions that fall in grow and build region of IE matrix?

1. Defensive and integrative strategies
2. Intensive and integrative strategies
3. Diversification and intensive strategies
4. Defensive and diversification strategies

Correct answer: Intensive and integrative strategies

Reference: grow and build strategies are: Intensive and integrative strategies (A)Market penetration, Market Development, Product development (B)Forward Integration, Backward Integration, Horizontal Integration

7. Stage-1 (Input Stage) in a comprehensive strategy

EXCEPT:

a. External factor evaluation

b. TWOS matrix (Lecture no 23 Page no 97 Handouts)

c. Competitive matrix profile d. Internal factor evaluation

Q8. You are asked to prepare the IE Matrix of Roxon Incorporation. Your findings reveal that its Southern division falls in IX cell of IE Matrix. How will you interpret your findings?

1. It can be managed best with Harvest or divest strategies (FROM 3224 Pages File)
2. It can be managed best with Grow and Build strategies
3. It can be managed best with Grow and Maintain strategies
4. It can be managed best with Hold and Maintain strategies

Correct answer: It can be managed best with Harvest or divest strategies (FROM 3224 Pages File)