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MCQ on Strategic Implementation and Control

1. What does SBU stand for?
(A) Significant business undertaking
(B) Special bureaucratic use
(C) Standard business usage
(D) Strategic business unit

2. ______ means crafting a combination of strategies and picking out the best one to achieve the organizational goals and objectives and thereby reaching the vision of the organization.
(A) Strategy implementation
(B) Strategic analysis
(C) Strategy formulation
(D) Strategic management

3. Strategy formulation requires –
(A) Conceptual intuitive and analytical skills
(B) Motivation and leadership skills
(C) An operational process
(D) None of the above

4. The way the organization is structured and who reports to whom
(A) Strategy
(B) Structure
(C) Staff
(D) System

5. Strategy formulation is primarily _____.
(A) An operational process
(B) An intellectual process
(C) Profit making activity
(D) Activity undertaken to fulfill needs

6. Strategy implementation focuses on –
(A) Efficiency
(B) Co-ordination
(C) Crafting of strategies
(D) Supporting factors

7. _____ refers to the process of conducting research on a company and its operating environment to formulate a strategy.
(A) SWOT analysis
(B) Strategic implementation
(C) Strategic analysis
(D) Strategic turnaround

8. An important activity in ______ is taking corrective action.
(A) Strategy evaluation
(B) Strategy implementation
(C) Strategy formulation
(D) Strategy leadership

9. The plan devised to maintain and build competitive advantage over the competition –
(A) Strategy
(B) Style
(C) Skills
(D) Systems

10. _____ is a process through which a strategy is put into action.
(A) Strategic analysis
(B) Strategy implementation
(C) SWOT analysis
(D) Strategic turnaround

11. The emphasis on product design is very high, the intensity of competition is low, and the market growth rate is low in the stage of the industry life cycle.
(A) Maturity
(B) Introduction
(C) Growth
(D) Decline

12. Change in culture, attitude, and mindset call for:
(A) Engagement, involvement, and motivation of employees
(B) Rigorous performance appraisal
(C) Performance benchmarking
(D) Organization design change

13. Strategic implementation is
(A) Concerned with translating a strategic decision into action
(B) Crafting a combination of strategies and picking out the best one
(C) Primarily an intellectual process
(D) Considered easier and less time-consuming

14. Which of the following is Hard ‘S’ as per McKinsey Model?
(A) Style
(B) Strategy
(C) Staff
(D) Skills

15. ______ focuses on whether the strategy is being implemented as planned and the results produced are those intended.
(A) Strategic analysis
(B) Strategic control
(C) Strategy formulation
(D) Strategy implementation

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By Team Learning Mantras