AIMA Solved Assignments for GM14
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Subject Code: GM14
Subject Name: STRATEGIC MANAGEMENT & ETHICS
Component name: ASSIGNMENT 1
Assignment Start Date: 01/05/2022
Assignment End Date: 31/05/2022
Question 1:- Strategy is developed by the visionary Chief Executive in ___mode of strategic management.
a) planning mode
b) adaptive mode
c) strategic mode
d) entrepreneurial mode
Question 2:- What are the means by which long-term objectives will be achieved?
a) strategies
b) policies
c) strength
d) opportunities
Question 3:- Stability strategy is a _______strategy.
a) corporate level
b) business level
c) functional level
d) strategic level
Question 4:- Marketing strategy is a ________type of strategy.
a) business level
b) growth level
c) corporate level
d) functional level
Question 5:- When an industry relies heavily on government contracts, which forecasts can be most important part of an external audit?
a) economic
b) competitive
c) political
d) multinational
Question 6:- A possible and desirable future state of an organisation is called :
a) mission
b) vision
c) strategy implementation
d) strategy formulation
Question 7:- What does question mark symbolise in BCG Matrix?
a) remain diversified
b) invest
c) stable
d) liquidate
Question 8:- Selling all of a company`s assests in parts for their tangible worth is called :
a) divestiture
b) concentric diversification
c) liquidation
d) unrelated integration
Question 9:- What are the guides to decision-making?
a) rules
b) procedures
c) goals
d) policies
Question 10:- In strategic thinking, how long is the long-term, approximately?
a) 1 month to 1 year
b) 2 to 3 years
c) 3 to 5 years
d) more than 5 years
Question 11:- Buying another company by one company means:
a) joint venture
b) acquisition
c) amalgamation
d) merger
Question 12:- Low cost, differentiation and focus are examples of
a) corporate strategies
b) operational strategies
c) business strategies
d) functional strategies
Question 13:- The word tactics is most likely to be associated with____________.
a) business strategy
b) corporate strategy
c) operational strategy
d) All of the above
Question 14:- How many cells are in a SWOT matrix?
a) 9
b) 6
c) 3
d) None of the above
Question 15:- The reasons for diversification is:
a) to reduce competition
b) to increase organisational capabilities
c) to get tax advantage
d) to get quick entry into a business
Question 16:- Corporate level strategy deals with_________.
a) objectives of specific functions
b) objective of single strategic business unit
c) objectives of the corporate
d) objectives of specific operations
Question 17:- From the following activity which does not comes under the primary activities of value chain analysis?
a) operations
b) technology development
c) marketing and sales
d) services
Question 18:- One of the top level manager of a large manufacturing plant uses to spend her day trying to ensure that the material waste is not more than 10%, she spends her day performing the management process of:
a) planning
b) organising
c) leading
d) controlling
Question 19:- All of the following are key opportunities and threats in external environment because of political, government and legal forces except:
a) tax rate
b) social security programme
c) cross border relationship
d) patent law
Question 20:- Internal audit is done:
a) before external audit
b) after external audit
c) parallel to external audit
d) vertical to external audit
Subject Code: GM14
Subject Name: STRATEGIC MANAGEMENT & ETHICS
Component name: ASSIGNMENT 2
Question 1:- A stakeholder orientation includes all of the following activities except :
a) generating data about stakeholder groups
b) assessing the firm`s effects on stakeholder groups
c) distributing stakeholder information throughout the firm
d) minimising the influence of stakeholder information on the firm
Question 2:- Stakeholders are considered more important to an organisation when :
a) they can make use of their power on the organisation
b) they do not emphasize the urgency of their issues
c) their issues are not legitimate
d) they can express themselves articulately
Question 3:- A(n) ________is a problem , situation or opportunity requiring an individual, group, , or organisation to choose among several actions that must be evaluated as right or wrong.
a) crisis
b) ethical issues
c) indictment
d) fraud
Question 4:- What type of justice exists if employees are being open, honest, and truthful in their communication at work ?
a) procedural
b) distributive
c) ethical
d) interactional
Question 5:- A high-commitment approach to environmental issues may include all of the following except:
a) risk analysis
b) stakeholder analysis
c) green-washing
d) strategic sustainability auditing
Question 6:- Better access to certain markets, differentiation of products, and the sale of pollution-control technology are ways in which better environmental performance can :
a) increase revenue
b) increase costs
c) decrease revenue
d) both A & B
Question 7:- To be successful business ethics training programs need to :
a) focus on personal opinions of employees
b) be limited to upper executives
c) educate employees on formal ethical frameworks and models of ethical decision-making d) promote the use of emotions in making tough ethical decisions
Question 8:- Most companies begin the process of establishing organisational ethics programs by developing :
a) ethics training programs
b) codes of conduct
c) ethics enforcement mechanisms
d) hidden agendas
Question 9:- For referent power to be effective , what must exist between individuals in the relationships
a) Antipathy
b) rivalry
c) history
d) empathy
Question 10:- When a firm charges different prices to different groups of customers, it may be accused of:
a) cultural relativism
b) money laundering
c) facilitating payments
d) price discrimination
Question 11:- The term strategy is derived from a ____word `strategos`.
a) Latin
b) Greek
c) Chinese
d) German
Question 12:- The term strategy is derived form the word “strategos” which means
a) tactics
b) leadership
c) generalship
d) management
Question 13:- Strategic management is the management of an organisation`s resources to achieve its ___
a) profit
b) goals and objectives
c) market share
d) competitive advantage
Question 14:- Which of the following doesn`t describe corporate strategy
a) what business or businesses should we be in
b) how does the company add value to its subsidiaries
c) how does being in one business help us compete in other businesses
d) how should we compete in other businesses
Question 15:- Which of the following does not include the characteristics of strategic management ?
a) reactive
b) multidimensional
c) systematic
d) dynamic
Question 16:- The role of the stakeholders includes:
a) direct management
b) decision making
c) investments
d) All of the above
Question 17:- The three organisational levels are :
a) corporate level, business level, functional level
b) corporate level, business unit level, functional level
c) corporate strategy level, business unit level, functional level
d) corporate strategy level, business level, specialist level
Question 18:- Which one of the following is not included in the porter`s five forces model:
a) potential development of substitute
b) bargaining power of suppliers
c) rivalry among stockholders
d) rivalry among competing firms
Question 19:- What is meant by the term stakeholder?
a) A person who is not related with a business
b) A person who is related with a business
c) A person who owns a business
d) A person who purchases the shares of a business
Question 20:- Internal analysis enables a firm to determine what the firm _____.
a) can do
b) should do
c) will do
d) might do