CBM 2 FINAL EXAM REVIEWER
CBM 2 Final Exam Review Quiz
Test your knowledge and preparation for the CBM 2 Final Exam with our comprehensive quiz! Covering key concepts in strategic management, this quiz is designed to help you refine your understanding and boost your confidence.
Features:
- 42 carefully curated questions
- Multiple choice format for easy answering
- Immediate score feedback
It is the overall long-term of the management of the organization.
Strategic Management
Strategic Change
Strategic Planning
Financial Management
The monitoring and review of the strategic purpose, objectives, and strategic management of an organization.
Strategic control
Leadership style
Strategic formulation
Strategic goals
These are sources of competitive advantage from a global strategy EXCEPT.
Leadership
Risked
Learning
Efficiency
What does question mask (?) symbolize in BCG matrix?
Stable
Remain diversified
Stable
Invest
Like root of a tree-----of organization is hidden from their direct view.
Strategy
Performance
Core competence
All of the choices
It is a strategically controlled framework that allows the implementation management of the delivery of its strategic goals by a senior level.
Strategic performance management
Organizational learning
Strategic Control
All of the choices
It is sequence of related task to deliver an objective.
Responsibility
Process
Task
All of the choices
What process most critical aspect in the creation of a suitable organizational framework?
Strategy control
Strategy formulation
Strategy implementation
Strategy evaluation
In strategy map, innovation and good corporate citizenship are .
Customer goals
Learning and growth goals
Internal goals
Financial goals
It is strategy during day-to-day management and operations once a strategy has been put in place within the organization.
Control
Strategy execution
Organizational structure
None of the choices
Which of the following is NOT hierarchy of goals and plans?
Operational
Tactical
Marketing
Strategic
It is organizational learning, which promotes and incrementally increases the efficiency and satisfaction of the customer in everyday management, according to the organization's strategic requirement.
Mission Statement
Vision Statement
Competitive Strategy
Continuous Improvement
Which of the following is NOT an entry mode for foreign markets?
Licensing
Joint venture
Franchising
None of the choices
These are the distinctive manners in which leaders act to influence the strategic management of their organizations.
Leaders' attitudes
Leadership styles
Leadership manner
None of the choices
What does cash cows symbolize
Stable
Invest
Remain
Liquidate
What does star symbolize in BCG matrix?
Maturity
Growth
Decline
Introduction
It is mind-set which views the entire world as a single market.
Global strategy
Regional strategy
Local strategy
National strategy
Low cost, Differentiation and Focus are example of .
Functional strategies
Business strategies
Operational strategies
Corporate strategies
The reasons for diversification are .
To get quick entry into a business
To increase organizational capabilities
To get tax advantage
To reduce competition
It is a pattern of actions and resource allocations designed to achieve the organization's goals.
Values
Strategy
Goals
Mission
It is the translation into the day-to-day management of longer-term goals and strategies.
Leadership style
Strategic performance management
Leadership thinking
Strategic Implementation
Horizontal strategic alliances are -----.
Characterized by two or more firms of same business industry
Characterized by two or more firms in vertical chain
Characterized by two or more firms who doesn't belong to same business industry
None of the choices
It is a phase of fundamental transition that takes a company to a new suitable competitive position, which is likely to entail changes to the current strategy.
Continuous Improvement
Vision Statement
Strategic Planning
Strategic Change
What does dog symbolize in BCG matrix?
Growth
Decline
Maturity
Introduction
Which of the following are benefits of planning?
Action orientation
Focus and Flexibility
Coordination and Control
All of the choices
It is a method at the company level intended to retain a competitive edge over rivals and future rivals.
Vision Statement
Strategic Planning
Values Statement
Competitive Strategy
The BCG matrix is based on .
Industry attractiveness and business strength
Industry Attractiveness and Relatively Market Share
Industry growth rate and relative market share
Industry growth and business strategy
The GE cell model is based on .
Industry attractiveness and business strength
Industry attractiveness and relatively market share
Industry growth and Relative market share
Industry growth rate and business strategy
It is based on the view that large corporations should fulfill the role of world citizenship.
Social Security System (SSS)
Social Protection Against Women (SPAW)
Corporate Social Responsibility (CSR)
None of the choices
In strategic thinking how long is the long term, approximately?
3 to 5 years
1 to 2 years
1month to 1 year
2to 3 years
Implementing multi-domestic strategy requires -----.
Product is the same in all countries
Centralized control
Decentralized control
All of the choices
What does red symbolize in BCG matrix?
Select and Earn
Invest and Expand
Harvest and Divest
It is the creation of the appropriate organizational structure and processes to execute the strategic plan.
Strategic formulation
Strategic evaluation
Strategic control
Strategy implementation
It is the organization's statement of its overriding purpose.
Vision Statement
Mission Statement
Strategic Planning
What does red symbolize in BCG matrix?
Invest and Expand
Select and Earn
Harvest and Divest
These are converted as medium-term plans into organizational management. Which are defined as annual KPI metrics to be used in process management?
Balance scorecard
Strategic intelligence
Strategic goals
In analyzing management process, internal environment is determining for -----.
Goals and Plans
Opportunity and Threats
Strengths and Weaknesses
Strengths, Weaknesses, Opportunity and Threats
The review wheel is positioned at the bottom left to show several periodic review levels. At its heart is the management of activities, where processes are controlled continuously.
Day-to-day activities
Yearly activities
Monthly activities
Weekly activities
What does green symbolize in BCG matrix?
Harvest and Divest
Select and Earn
Invest and Expand
These are the four leadership competencies comprise each of which must be managed.
Styles, Self, Skills of attention and Trust
Structure, Styles, Skills and Trust
Skills of attention, Meaning, Trust, and Self
What does yellow symbolize in BCG matrix?
Harvest and Divest
Select and Earn
Invest and Expand
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