Evaluation Test on Strategic Management

1. Strategic management is _____________, _____________, and

_____________ process
2. Strategy is ________________, ________________, and

______________ long term plan to relate the company to its

__________________.
3. ______________ is vividly descriptive image of what a firm wants to be of
wants to be known for.
4. ______________is a statement of intent and answer to the question
–“What business the firm is in”?
5. The Business is an interactive active of _______________,
_____________, and _______________.
6. _______________are the ends to be achieved, whereas ______________
is process or means to achieve the ends.
7. SWOT analysis is___________, _____________, ______________ and

_______________ analysis.
8. The Macro factors which affect he performance of business are
_____________, ______________, ______________, _______________,
_____________, ______________, ______________, _______________,
_____________,
9. KSF is _____________________________.
10. Take over is a process of acquiring ________________ whereas
Acquisition is a process of acquiring ________________.
11.Environmental Appraisal includes ______________ for opportunities and
threats and ________________ for strength and weakness.
12.SIS is_________________ where as MIS is _________________.
13. ETOP: ___________________; SAP: ____________________.

14.______________ is pursued when a company increases the pace of its

activities.
15.Turnaround is a ________________ strategy.
16.For effective M & A _________________, ________________,
_______________, _________________ and _______________ area
focus is to be considered.
17. ________________, ______________, and ________________ are the
business level strategy a firm pursues to survive the competitions.
18.The strategic planning is a routine planning functions for a firm to produce
product or services for today’s market. YES NO.
19.In volatile market, stability strategy is today’s survival and tomorrow
death. TRUE FALES.
20. Give two reasons why company pursue retrenchment or restructuring

strategy: (a) ____________________________________________

(b)_____________________________________________