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1 In BCG matrix __________ are businesses that have high market share and high market growth rate 
A.   Moon
B.   Sun
C.   Stars
D.   Sky
ANS: C
 
2 In General Electric (GE) Matrix, the green zone signal indicates _________
A.   Go ahead
B.   Take back step
C.   Take U turn
D.   Stop
ANS: A
 
3 Proper strategic choice helps in _________ 
A.   Role Ambiguity
B.   Communication gap
C.   Mismanagement
D.   Proper Management
ANS: D
 
4 Strategy implementation involves ___________ problem.
A.   Lack of Resources
B.   Supportive Team Members
C.   Clear Goals
D.   Effective training programmer
ANS: A
 
5 ___________ is a reason for adopting liquidation strategy by a companies
A.   Supportive Team Members
B.   Huge Losses
C.   Clear Goals
D.   Effective training programmer
ANS: B
 
6__________ is one of the challenges involved in resource allocation.
A.   Employee motivation
B.   Team work
C.   Underutilization of resources
D.   Optimum use of resources
ANS: C
 
7 _____________ is one of the techniques of Budgetary Control and Evaluation 
A.   SWOT Analysis
B.   SWEAT analysis
C.   SWTO Analysis
D.   SEWT Analysis
ANS: A
 
8 In BCG Matrix, ___________ are leaders in their business and generate large amount of cash
A.   Neptune
B.   Planet
C.   Stars
D.   Pluto
ANS: C
 
9 In BCG Matrix, ___________ requires minimal investment to prosper
A.   Butterfly
B.   Peacock
C.   Cash Cow
D.   Goat
ANS: C
 
10 In BCG Matrix, __________ neither generates the strong cash flow nor requires the hefty investment
A.   Tiger
B.   Lion
C.   Goat
D.   Dogs
ANS: D
 
11 In BCG Matrix, _____________ requires management attention.
A.   Star
B.   Cash Cow
C.   Dog
D.   Question Mark
ANS: D
 
12 The BCG Matrix is based on __________
A.   Industry attractiveness & Business Strength
B.   Industry Growth rate & Business strength
C.   Industry Attractiveness & Relative market share
D.   Industry Growth rate & Relative market share
ANS: D
 
13 In GE 9 Cell Matrix, green zone signal indicates ________
A.   Go ahead
B.   Wait and Watch
C.   Stop
D.   Be Stable
ANS: A
 
14 __________is a process of planning, organising, and assigning resources in to reach organization's strategic goals
A.   Restoration
B.   Disaster
C.   Resource Allocation
D.   Retrenchment
ANS: C
 
15____________ is the process of determining the effectiveness of a given strategy in achieving the organizational objectives and taking corrective action whenever required
A.   Strategy Evaluation and Control
B.   Strategy Formulation
C.   Strategy Planning
D.   Strategy Implementation
ANS: A
 
16_____________ refers to the execution of the strategy, so as to accomplish the long-term goals of the organization
A.   Strategy Evaluation and Control
B.   Strategy Formulation
C.   Strategy Planning
D.   Strategy Implementation
ANS: D
 
17 Strategic Choice helps in __________
A.   Defining roles and responsibilities
B.   Adversely affect corporate image
C.   Restrict growth and expansion
D.   Mismanagement
ANS: A
 
18___________ strategy is also known as Turnaround Management
A.   Corporate Renewal
B.   Corporate Raising
C.   Corporate Spinning
D.   Corporate Jumping
ANS: A
 
19 ____________ is a cooperative agreement between two companies that agree to share resources to achieve the common set of goals but remain independent after the formation. 
A.   Strategic Alliance
B.   Strategic Raising
C.   Strategic Spinning
D.   Strategic Jumping
ANS: A
 
20 __________ involves partnership between a government and a private company 
A.   Joins Stock Company
B.   Sole Trading Concern
C.   Public-Private Alliance
D.   Joint Hindu Family Business
ANS: C
 
21 International Businesses face __________ problem.
A.   Smaller Market
B.   Language and Cultural issues
C.   Less number of customers
D.   Less Competition
ANS: B
 
22 Mumbai Metro is an example of _______________
A.   Private Limited Company
B.   Sole Trading Concern
C.   Public-Private Participation
D.   Joint Hindu Family Business
ANS: C
 
23 Government can adopt ___________ strategy for PublicPrivate Participation (PPP)
A.   Cottage Industry
B.   Build Operate and Transfer (BOT)
C.   MSME
D.   Tiny Industry
ANS: B
 
24 Information Technology helps in _________
A.   Helps to face competition
B.   Monotonousness in Business
C.   Always delays in decision making
D.   No work from home
ANS: A
 
25 ____________ is a limitation of Information Technology
A.   Increased speed of work
B.   Centralization of Data
C.   Security Issue
D.   Helps in decision making

ANS: C

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