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

2. According to Miles and Snow, ______'s span of operation is considerably broad where they continuously strive for innovation.
   1. Analyzers
   2. Defenders
   3. Reactors
   4. Prospectors

3. Vision and Mission statement can be measured directly.
   1. TRUE
   2. FALSE

4. 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?
   1. Traditional orientation: Adversial
   2. Low cost leadership
   3. Focus Strategy
   4. New orientation: Partnership

5. 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.
   1. Conservation of resources view
   2. Population-ecology view
   3. Resource-based view
   4. Strategic-fit
   5. Strategic compliance

6. Islamic financial products have made their worth with the passage of time and their acceptance is developed.
   1. Variation
   2. Retention
   3. Rational Control
   4. Selection

7. The rules of World Trade Oraganization {WTO) is a classic example of ____________________ stakeholder.
   1. Shareholder
   2. International
   3. Trade Unions
   4. Suppliers

8. 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)
   1. Prospectors
   2. Defenders
   3. Analyzers
   4. Reactors

9. Elements in a high-moderate uncertain environment_____________
   1. Changes unpredictably
   2. Change slowly
   3. Changes infrequently
   4. Doesn't Change

10. __________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.
    1. None of the above
    2. Competitors
    3. External Factors
    4. Organizational Culture

11. 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 theyve developed so fast is that companies cant 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?
    1. Institutionalism
    2. Population ecology
    3. Collaborative network
    4. Resource Dependency

12. The central idea of Chandler's theory is____:
    1. Adhocracy is compulsory for every organization
    2. The organizational structure correlates with the corporate strategy
    3. Bureaucracy is compulsory for every organization
    4. An organization must have divisional structure
    5. Strategy has nothing to do with the structure of an organization

13. ________ model suggests that companies create entry barriers for new players to enjoy monopoly.
    1. Resource dependence
    2. Institutionalism
    3. Collaboration
    4. Population Ecology

14. Duty, Obligation, Professionalism Certification, accreditation. Moral Accounting standards consultant training are all part of which of the following?
    1. Normative forces
    2. Institutionalism
    3. Coercive forces
    4. Mimetic forces

15. When an established large company is fearful of a new player in the market. Michael Porter termed this phenomenon as _______.
    1. Bargaining power of buyers
    2. Threat of substitute
    3. Threat of new entrant
    4. Threat of rival

16. The goal of a company is to achieve 10% sales targets through Digital Marketing. The role of digital marketing counts as:
    1. SOPs
    2. Mission statement
    3. Strategy
    4. Vision

17. The toy company, Mattel is producing barbie dolls for a wider society. This is an example of:
    1. Specialist Niche
    2. None of the above
    3. Generalist Niche
    4. Both A and B

18. _________ view holds the pop-up of a niche when giant companies fail to address the emerging need of the customers.
    1. Population-ecology view
    2. Conservation of resources view
    3. Resource-based view
    4. Structural imbalance view

19. Apple Inc. is having both competition and collaboration with its rivals. This concept refers to:
    1. Vertical Integration
    2. Org ecosystem
    3. Backward Integration
    4. Horizontal Integration

20. The purpose of Balanced Scorecard approach is to focus only on one dimension i.e. Financial.
    1. FALSE
    2. TRUE

21. The process of strategic designing involves:
    1. None of the given option
    2. Formulating the policies and rule
    3. Monitoring the goals only
    4. Executing the ultimate targets only
    5. All of the given options

22. Operational goals refer to:
    1. Department-wise
    2. Wide perspective
    3. Not measurable
    4. None of the above

23. _______ directs officers of the organizations towards crafting organizational strategies and goals.

1. Competitive pressure (rivalry)
2. None of the given option
3. Vision and Mission to sustain in long term
4. Business model
5. Competitive advantage

24. 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-Lamberts Lipitor, a drug for treating elevated cholesterol. Which concept has been mentioned in the given illustration?
    1. Collaborative networks
    2. Population ecology
    3. Adversary
    4. Resource dependency

25. According to Miles and Snow, being a Laggard and taking course of action in the last is the major characteristics of _______.
    1. Defenders
    2. Market-driven organization
    3. Analyzers
    4. Reactors
    5. Prospectors

26. Following the foot-steps of Market Leader and Challenger to be present in the market is known as:
    1. Normative Forces
    2. Mimetic Forces
    3. Coercive Forces
    4. None of the above

27. 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:
    1. Stuck-in-the-middle
    2. Differentiation
    3. Low-cost leadership
    4. Focus strategy
28. If the socio-cultural environment of a parent company is not according to the local context, it won't affect the business.
    1. FALSE
    2. TRUE

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

1. Institutionalism
2. Strategies of Survival
3. Power Strategies
4. Organizational Form

29. Elements in a low uncertain environment__________
    1. Change slowly
    2. Changes unpredictably
    3. Doesn't Change
    4. Changes frequently