fill in blanks

1) Elements in a low uncertain environment____

Changes unpredictably

Doesn't Change

Change slowly

Changes frequently

2) If the socio-cultural environment of a parent company is not according to the local context, it won't affect the business.

TRUE

FALSE

3)____is defined as all elements that exist outside the boundary of the organization and have the potential to affect all or part of the organization.

Competitors

Organizational Culture

None of the above

External Factors

4) According to Miles and Snow, being a Laggard and taking course of action in the last is the major characteristics of ___.

Reactors

Analyzers

Market-driven organization

Prospectors

Defenders

5) Normative forces ensure organizations operate under constraints will adopt changes and relate to one another in a way that increases homogeneity and limits diversity.

FALSE

TRUE

6) High dependence, Trust, addition of value to both sides high commitment, loose performance measures, long-term contracts and business beyond the contract are all aspects of?

New orientation: Partnership

Focus Strategy

Low cost leadership

Traditional orientation: Adversial

7) Following the foot-steps of Market Leader and Challenger to be present in the market is known as:

Mimetic Forces

Normative Forces

Coercive Forces

None of the above

8) Duty, Obligation, Professionalism - Certification, accreditation. Moral Accounting standards consultant training are all part of which of the following?

Normative forces

Coercive forces

Mimetic forces

Institutionalism

9) The purpose of Balanced Scorecard approach is to focus only on one dimension i.e. Financial.

TRUE

FALSE

10) The process of strategic designing involves:

Monitoring the goals only

All of the given options

None of the given option

Formulating the policies and rule

Executing the ultimate targets only

11) When an organization attempts to increase its market share by substantially reducing the cost of its product and/or services than its rivals, this is called:

Focus strategy

Stuck-in-the-middle

Low-cost leadership

Differentiation

12) The pharmaceutical giant Pfizer collaborates with more than 400 companies on research and development projects and co-marketing campaigns. For e.g. Pfizer earned billions from co-promotion of Warner-Lambert's Lipitor, a drug for treating elevated cholesterol. Which concept has been mentioned in the given illustration?

Resource dependency

Population ecology

Collaborative networks

Adversary

13) ___ view holds the pop-up of a niche when giant companies fail to address the emerging need of the customers.

Structural imbalance view

Conservation of resources view

Resource-based view

Population-ecology view

14) ____ model suggests that companies create entry barriers for new players to enjoy monopoly.

Collaboration

Institutionalism

Population Ecology

Resource dependence

15) A/an __ is a type of organization which attempts to capitalize on every possible opportunities for development by simultaneously mitigating the effects of risks (Amazon)

Prospectors

Reactors

Defenders

Analyzers

16) The central idea of Chandler's theory is__:

Bureaucracy is compulsory for every organization

An organization must have divisional structure

The organizational structure correlates with the corporate strategy

Adhocracy is compulsory for every organization

Strategy has nothing to do with the structure of an organization

17) Vision and Mission statement can be measured directly.

FALSE

TRUE

18) When an established large company is fearful of a new player in the market. Michael Porter termed this phenomenon as ___.

Threat of rival

Bargaining power of buyers

Threat of substitute

Threat of new entrant

19) How organizations survive and succeed through congruence between an organization and the expectations of its environment is known as?

Institutionalism

Strategies of Survival

Organizational Form

Power Strategies

20) The rules of World Trade Oraganization {WTO) is a classic example of ________ stakeholder.

Shareholder

Trade Unions

Suppliers

International

21) Operational goals refer to:

Department-wise

Wide perspective

None of the above

Not measurable

22) A recent change witnessed is the development of corporate universities within large companies like Motorola and FedEx. There are more than 2000 corporate universities, compared to just 200 a few years ago. One reason they've developed so fast is that companies can't get desired services from established universities, which are too stuck in traditional ways of thinking and teaching. Mentioned example represents which of the following concepts?

Collaborative network

Resource Dependency

Institutionalism

Population ecology

23) Islamic financial products have made their worth with the passage of time and their acceptance is developed.

Rational Control

Retention

Selection

Variation

24) ___ directs officers of the organizations towards crafting organizational strategies and goals.

Vision and Mission to sustain in long term

None of the given option

Business model

Competitive advantage

Competitive pressure (rivalry)

25) The toy company, Mattel is producing barbie dolls for a wider society. This is an example of:

Both A and B

Specialist Niche

Generalist Niche

None of the above

26) In order to better fit with the environment, an organization institutionalizes a three-stage process i.e. variation, selection and retention. This is the basic idea of ___ view.

Strategic-fit

Population-ecology view

Strategic compliance

Conservation of resources view

Resource-based view

27) According to Miles and Snow, __'s span of operation is considerably broad where they continuously strive for innovation.

Reactors

Prospectors

Analyzers

Defenders

28) Apple Inc. is having both competition and collaboration with its rivals. This concept refers to:

Org ecosystem

Horizontal Integration

Backward Integration

Vertical Integration

29) The goal of a company is to achieve 10% sales targets through Digital Marketing. The role of digital marketing counts as:

Vision

SOPs

Mission statement

Strategy