Business Policy Strategic Management

Business Policy Strategic Management
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QUESTION 1. An organisation needs to clearly define
Mission
Vision
Goals
All of the above

QUESTION 2. Corporate level strategies can be classified as
Directional strategy
portfolio strategy
Both a&b
none of the above
QUESTION 3. Organisation’s _____leads to Organisation success
marketing strategy
Pricing policies
Integrity
All of the above

QUESTION 4. Action plan includes
objectives
initiatives
Evaluation of progress
All of the above

QUESTION 5. Shipping of products manufactured in your country to other countries is called as
Exporting
Licensing
Joint Venture
All of the above

QUESTION 6. Joint ventures and strategic alliances are part of
Stability Strategy
Growth strategy
Both a&b
None of the above

QUESTION 7. Acquiring or merging with small competitive industry into your industry is called as
Horizontal Integration
vertical integration
concentric integration
none of the above

QUESTION 8. When a company take over its supplier business it is called as
Horizontal Integration
Backward vertical integration
Both a&b
None of the above

QUESTION 9. Outcomes expressed in measurable terms is called as
Policies
Action
Vision
Objectives

QUESTION 10. Outsourcing is characterised by
helps in cost reduction
enhancing differentation
Can focus on core business
All of the above

QUESTION 11. What we exist as an organisation is
Vision
objectives
Mission
None of the above

QUESTION 12. External stakeholders include
Suppliers
Customers
Local communities
All of the above

QUESTION 13. Maximisation of resoursce productivity is the responsibility of
business level strategy
corporate level strategy
Functional level strategy
none of the above

QUESTION 14. Goals are charactersied by
No quantification
No time frame
Both a&b
None of the above

QUESTION 15. Vertical Integration leads to
Increase the cost structure
not profitable when the technology is working very fast
can also create risk
All of the above

QUESTION 16. _______level of strategy that deals with future oriented perspective is
Business
Corporate
Functional
None of the Above

QUESTION 17. Michael Porter’s model of value chain include
Primary activities
Support activities
Both a&b
None of the above

QUESTION 18. Vertical Integration helps a company to
Increase the efficiency of a company
Enhances the product differentation and quality
decrease the cost structure
All of the above

QUESTION 19. Horizontal growth strategies include
Exporting
Licensing
Joint Venture
All of the above

QUESTION 20. Which of the following is true about business strategies?
An organization should stick with its strategy for the life of the business.
Well defined missions make strategy development much easier.
All firms within an industry will adopt the same strategy.
None of the above

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Management Information System

Management Information System
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QUESTION 1. Equipment and programs used to process raw data into information are termed as
information
information technology
information processes
raw data

QUESTION 2. The .. is defined as a set of activities performed across the organization creating as output of value to the customer.
development process
business process
quality process
customer focus

QUESTION 3. Managers are present at which level?
Lower level
Middle level
Upper level
Supervisor level
QUESTION 4. What do you mean by EIS?
Expert information system
Executive interactive system
Executive information system
Expert interactive system
QUESTION 5. Which is not an implementation activity for an information system?
IS marketing plan
System documentation
Software development
User training and development
QUESTION 6. Which Information system converts transactions into information?
Online transaction processing system
Decision support system
Management information system
Operational system
QUESTION 7. Business Process is?
Set of cross functional activities
Set of independent activities
Both of them
None of them

QUESTION 8. What is IS?
Intelligent strategy
Internal services
International sales
Information systems
QUESTION 9. What responsibility do people at lower level of structure hold?
Short term
Daily routine
Long term
None of the above
QUESTION 10. Which report contains summary of raw data?
Statistical report
Exceptional report
Periodic report
Ad-hoc report

QUESTION 11. Which of the following is not an example of a business process?
designing a new product
hiring an employee
purchasing services
testing software

QUESTION 12. The top levels of organization have?
Directors
Operational manager
Managers
None of the above
QUESTION 13. Which figure correctly depicts the structure of an organization?
Pyramid
Pentagon
Hexagon
Cylindrical
QUESTION 14. Which is not an important chracteristic of useful and effective information?
Accuracy
Timeliness
Completeness
Economy

QUESTION 15. What are part of transaction processing system?
billing
wages
inventory
All of the above
QUESTION 16. Top level managers use?
Stratergic information
Tactical information
Opertaional Information
None of these
QUESTION 17. “Tracking employee training, skills, and performance appraisal is an example of a human resource information system operating at the: ”
Operational level
Management level
Knowledge level
Strategic level
QUESTION 18. Any knowledge item that can be expressed in numbers or words is called
processing
information
fact
organization
QUESTION 19. What is the difference between data and information?
They pretty much mean the same thing
Data are digital while information is analog
“Data are basic values or facts, while information consists of organized data used to answer question or solve problems”
Computers store data while the human brain stores information
QUESTION 20. Which of these is not an example of data redesign?
data analysis
data name rationalization
data record standardization
none of the above
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System Analysis and Design

System Analysis and Design
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QUESTION 1. Operational information is used by–
Top level
Middle level
Both a & b
All of the above

QUESTION 2. Which of the following model is well suited for requirement change?
Waterfall model.
Spiral model
Both a
All of the above

QUESTION 3. Unstructured decision example–
Production scheduling.
Capital budgeting.
Both
None
QUESTION 4. Integrated dictionary is related to a–
Database
Database management sys.
Mete data
None
QUESTION 5. Strategic information is used by–
Top level
Middle level
Both a & b
All of the above
QUESTION 6. What is integration testing?
Integrating all modules
Integrating all function of a module
Both a & b
All of the above
QUESTION 7. Structured decisions are–
Decision making on students result.
Decision about payroll systems.
Both.
None
QUESTION 8. A data element in a data dictionary may have–
Only integer value.
No value.
Only real value.
Only decimal value.

QUESTION 9. Characteristics of a system–
Has certain objective and goal.
Does not operate in isolation.
Both a & b.
None of these.

QUESTION 10. Integrated dictionary is related to a–
Database.
Database management sys.
Meta data.
None of above.

QUESTION 11. Technical information is used by–
Top level
Middle level
Both a & b
All of the above

QUESTION 12. Which of the following model is used as frame work?
Waterfall model.
Spiral model
Both a
Both a

QUESTION 13. System objective are —
To maintain the company s share in the market.
To increase the net profits of the company.
To maintain the current efficiency.
All of above.

QUESTION 14. —– is the most important factor of management information system.
System
Output
Element
All of the above
QUESTION 15. Attributes of DSS are–
Flexibility.
Simple model.
Both a&b.
None of above.
QUESTION 16. Database is a collection of _______ & its relation to each other and refers to the __________ of layer or coverage in space defined by co-ordinate referencing system.
“Information, location”
“Spatially referenced, location”
“Information, geo-referencing”
None
QUESTION 17. GIS data is either ________ data or ________ data.
“Spatial, attribute”
“Spatial, dynamic”
“Domain, dynamic”
“Domain, attribute”
QUESTION 18. A close system is a–
System which has limited shape.
System which is rigid and mathematical
Both a & b
None of the above

QUESTION 19. VTOC means–
Visual table of contents.
Input process output.
Both.
None.
QUESTION 20. Types of system are–
Physical systems
Abstract systems
Open system
all of the above

110
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Database Management System

Database Management System
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QUESTION 1
A table on the many side of a one to many or many to many relationship must:

Be in Second Normal Form (2NF)

Be in Third Normal Form (3NF)

Have a single attribute key

Have a composite key

QUESTION 2. DBMS is a collection of .. that enables user to create and maintain a database.
Keys
Translators
Program
Language Activity

QUESTION 3. ” Inst_dept (ID, name, salary, dept name, building, budget) is decomposed into; instructor (ID, name, dept name, salary), department (dept name, building, budget). This comes under”
Lossy-join decomposition
Lossy decomposition
Lossless-join decomposition
Both a and b
QUESTION 4. The attribute AGE is calculated from DATE_OF_BIRTH . The attribute AGE is
Single valued
Multi valued
Composite
Derived
QUESTION 5. The term _______ is used to refer to a row.
Attribute
Tuple
Field
Instance

QUESTION 6. Key to represent relationship between tables is called
primary key
secondary key
foreign key
none of the above

QUESTION 7. “For each attribute of a relation, there is a set of permitted values, called the ________ of that attribute.”
Domain
Relation
Set
Schema
QUESTION 8. The entity relationship set is represented in E-R diagram as
Double diamonds
Undivided rectangles
Dashed lines
Diamond

QUESTION 9. … is a preferred method for enforcing data integrity
Constraints
Stored procedure
Triggers
Cursors
QUESTION 10. Which of the following is a single valued attribute
Register_number
Address
SUBJECT_TAKEN
Reference
QUESTION 11. ” Empdt1(empcode, name, street, city, state,pincode).; For any pincode, there is only one city and state. Also, for given street, city and state, there is just one pincode. In normalization terms, empdt1 is a relation in”
1 NF only
2 NF and hence also in 1 NF
3NF and hence also in 2NF and 1NF
“BCNF and hence also in 3NF, 2NF and 1NF”
QUESTION 12. Data items grouped together for storage purposes are called a
record
title
list
string
QUESTION 13. DFD stands for
Data Flow Document
Data File Diagram
Data Flow Diagram
None of the above

QUESTION 14. “In an ER model, . is described in the database by storing its data.”
Entity
Attribute
Relationship
Notation
QUESTION 15. An advantage of the database management approach is
data is dependent on programs
data redundancy increases
data is integrated and can be accessed by multiple programs
none of the above
QUESTION 16. Which of the following is not a logical database structure?
Chain
Network
Tree
Relational
QUESTION 17. Which-one ofthe following statements about normal forms is FALSE?
BCNF is stricter than 3 NF
“Lossless, dependency -preserving decomposition into 3 NF is always possible”
“Loss less, dependency preserving decomposition into BCNF is always possible”
Any relation with two attributes is BCNF
QUESTION 18. “Course(course_id,sec_id,semester); Here the course_id,sec_id and semester are __________ and course is a _________”
“Relations, Attribute”
“Attributes, Relation”
“Tuple, Relation”
“Tuple, Attributes”
QUESTION 19. A is used to define overall design of the database
schema
application program
data definition language
code
QUESTION 20. A relational database consists of a collection of
Tables
Fields
Records
Keys
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Evaluating Business opportunities

Evaluating Business opportunities
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QUESTION 1. “According to Porters law, what should be evaluated before setting up a business in a new location? ”
Evaluation of the macro environment
Evaluation of demand within the area
Evaluation of the location
Both a and b

QUESTION 2. The Copyright Act ……………prescribes mandatory punishment for piracy of copyrighted matter commensurate with the gravity of the offense with an effect to deter infringement, in compliance with the TRIPS Agreement.
a. 1958
b. 1959
c. 1957
d. 1956

QUESTION 3. A French economist was the first man to be credited with giving the concept of entrepreneurship.
Richard Brosnan
Richard Cantillon
Richard Marx
Richard Carlton

QUESTION 4. What are the different types of firms?

Proprietary Concerns

Partnership Concerns

Private Limited Concerns

All of the above

QUESTION 5. The industry associations could be product specific such as for Internet and Mobile
Associated Chambers of Commerce and Industry
Federation of Indian Chamber of Commerce and Industry
Internet and Mobile Association of India
None of the above

QUESTION 6. Who are angel financer?
Individual Financers
Group of corpus financing new ventures
Individual working with venture capitals
None of them

QUESTION 7. Which trait should be inculcated to understand business data before setting up any new business?
Decision Making
Ability to Forecast
Ability to take risk
Actue Learner

QUESTION 8. What are the sources of generating ideas for any business?
Understanding the Strenghts
Interpreting Data
Analysis of Data
Both B and C

QUESTION 9. “The Copyright Act prescribes mandatory punishment for piracy of copyrighted matter commensurate with the gravity of the offense with an effect to deter infringement, in compliance with the TRIPS Agreement.”
1958
1959
1957
1956
QUESTION 10. What are the sources of generating ideas for any business?
Understanding the Strenghts
Interpreting Data
Analysis of Data
Both B and C

QUESTION 11. What are the details of documentation that need to be provided with the loan application?
Documentation for Loan Application
Partnership deed/Memorandum and Articles of Associations of Company
Proof of Possession of Land/Building
All of the above

QUESTION 12. What is a venture capital?
A corpus formed with group of people to finance any new ventures
A group of people to provide ideation for new business
A group of people who have started a new business
A gropu of people with innovative ideas to start a business

QUESTION 13. A private limited company needs to be registered under the _______________ of a company.
Registrar
Private concerns
Public concerns
None of the above

QUESTION 14. . means a solution to a specific problem in the field of technology
Venture
Experiment
Sales
Invention

QUESTION 15. “There is a well-established statutory, administrative and judicial framework to safeguard property rights in India?”
Partnership
Property
Personal
Intellectual

QUESTION 16. What are the social issues analysed by the PESTEL analysis?
Population Growth of a country
Education facilites provided to the population
Mortality rate based on the population structure
All of the above

QUESTION 17. The main reason for anyone to think to start his/her own venture is
Idea
Opportunity
New Venture
The English word

QUESTION 18. Financial assistance in India for SSI units is available from a variety of institutions
SIDBI
SFCs
Commercial/Co-operative Banks
All of the above

QUESTION 19. What are the factors that the price of any commodity is dependent on?
Demand and Supply
Useablity
Tangibility
Objectiveness

QUESTION 20. Projects relating to the modernisation of patent information services and trademarksregistry have been implemented with help of………………
a. Banks
b. WIPO/UNDP
c. Education & experience
d. All of the above

12 point out of 15
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Entrepreneurship Process & Behavior

Entrepreneurship Process & Behavior
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QUESTION 1. Which of the following are types of entrepreneurs?
Passionate
Fabian
Natural
Self-determined

QUESTION 2. When can an entrepreneur be called as being motivated intrinsically?
Self Determined
Competitive
Profit Maker
Non-risk Taker

QUESTION 3. What elements make individuals an entrepreneur?
Motivation
Decision Making
Competitiveness
Creativity
QUESTION 4. Which of the following is not the force in formulating ethics?
Environmental factors
Peer influence
Experience
Political Factors
QUESTION 5. Which of the following qualites are that of an entrepreneur?
Team Building
Group Processes
Leardership
All of the above

QUESTION 6. What is included in social behaviour of entreprenership?
Social behaviour towards society
Social behaviours towards social issues
Social responsibility towards the business
All of the above

QUESTION 7. What is the notion of an entrepreneur during 19th century?
Organiser and Operator
Manager
Organised employee
Employer

QUESTION 8. What does the structuring of entrepreneurship include?
Ownership type
Decision making type
Financial type
Both a and b

QUESTION 9. In which perspective of entrepreneurial risk is a major concern?
a. Creativity
b. Innovation
c. Decision Making
d. None of the above

QUESTION 10. What kind of risks can be forseen in entrepreneurship?
Financial
Social
Individual
All of the above

QUESTION 11. “In the .century, society expected businesses to meet their economic and legal responsibilities and nothing else. But today, society judges whether businesses are socially responsible.”
16th and 17th
14th and 15th
18th and 19th
19th and 20th

QUESTION 12. What is sole Proprietorship?
Single ownership
Dual ownership
Outsourced ownership
None of the above

QUESTION 13. What competence is required in entrepreneurship?
Attitude
Motivation
Inspiration
All of the above

QUESTION 14. .was important in the upbringing of the entrepreneur.
Personal Values
Age
Education
Work History

QUESTION 15. What are the principles of entrepreneurial activities?
Failure
Risk
Profit
All of the above

QUESTION 16. Which among the following are not related to the cons of being an Entrepreneur?
Time-consuming
Stress
Job security
Financial risk

QUESTION 17. Which of the following is not related with ethics?
Morality
Moral philosophy
Conduct
Misbehaviour

QUESTION 18. Which of the following are traits of an entrepreneur?
Acute Learner
Self-determined
Passionate
All of the above

QUESTION 19
What is the notion of an entrepreneur during middle age?

Owners of factories

Workers in factories

Manager working in factories

Capitalist during that era

QUESTION 20
Which category of entrepreneur develops the product according to the market demand which is dynamic and changing over a period of time?

Imitative entrepreneurs

Growth entrepreneur

Professional Entrepreneur

Modern entrepreneur
7.5
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Innovation in Business & Enterprise

Innovation in Business & Enterprise
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QUESTION 1. R&D-driven growth theory emphasizes vertical and horizontal innovation activities for . run growth.
Short
Future oriented
Long
None of these

QUESTION 2. What consits of a strategic plan?
Strategic and financial performance objectives
Comprehensive Strategy to achieve the objectives
Creativing fitting into the implementation of the strategic plan
All of them

QUESTION 3. ” . commonly rely on different companies, groups or separate individuals for different skill sets.”
Government
NBFC s
Banks
Corporations

QUESTION 4. Collaborative efforts support and facilitate the . Management process.
Innovation
Knowledge
Technology
Social
QUESTION 5. What are the basis of dividing innovation?
Finance
Process
Offering
All of them
QUESTION 6. Which of the following are techniques of creativity?
Establishing purpose and intention
Building basic skills
Encouraging acquisition of domain specific knowledge
All of them

QUESTION 7. . being more granular and objectively measurable statements.
Desire
Policy
Wants
Objectives

QUESTION 8. Customer focus should be treated as a subset of the . .. Strategy rather than the sole driving factor
Customer
Corporate
Government
None of these

QUESTION 9. Which of the following are types of innovation?
Process
Product
Service
All of them

QUESTION 10. What is strategy?
A business approach designed to the act of competiveness to get a succesful outcome
A competive plan to start a business
A business approach designed to achecve the mission of the organisation
A competive strategy to design the mission and vision of an organisation

QUESTION 11. What are the levels of creativity?
Assess the components of creativity
Diagnostic Assessment
Linear Assessment
None of the above

QUESTION 12. What is meant by laternal thinking?
Out of the box thinking
Exciting
Surprising
None of the above
QUESTION 13. What are the stages of creativity according to Wallas stage model?
Incubation
Intimation
Illumination or insight
All of them
QUESTION 14. R&D-driven growth theory emphasizes vertical and horizontal innovation activities for . run growth.
Short
Future oriented
Long
None of these

QUESTION 15. Desired Outcome – specifically “not a solution,” an outcome identifies the benefitsresulting from meeting the……….………..
a. Wants
b. Business need
c. Desires
d. Drivers
QUESTION 16. Which among the following components can be gained from the process of innovation?
Employability
Organisation Growth
Stability
All of them

QUESTION 17. What are the levels of creativity?
Very Creativite
Creative Ordinarily or Routine
Immitative
All of the above

QUESTION 18. Why is it necessary to assess a personal creativity?
Assess the components of creativity
Diagnostic Assessment
Linear Assessment
None of the above
QUESTION 19. What is innovation in relation to invention?
Impementation of new ideas
Manipulation of new ideas
Implementation of manipulated ideas
All of them

QUESTION 20. “As organizations become more . .., identifying business drivers becomes more difficult”
Dynamic
Stronger
Competitive
Complex
13.5
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