All MCQs Tests - VU MGT603 - Strategic Management

Question 1: All of the specified approaches could be used to determine R&D budget allocation EXCEPT:

Question 2: Identify the stages of strategic management process in a precise sequence.

Question 3: Integration strategies allow a firm to gain control over all of the following EXCEPT:

Question 4: Which of the following is the first step in the controlling function of management?

Question 5: In IFE matrix, the total weighted score can range from 1.0 to 4.0 (low to high) with the average score being 2.5. If the total weighted score is above 2.5; it indicates that the firm is at:

Question 6: HTML stands for which of the following?

Question 7: Long-term objectives are needed at which level(s) of the organization?

Question 8: Which one of the following answers the question, "what is our business"?

Question 9: Which of the following best describes this statement: "a Systematic and ethical process for gathering and analyzing information about the competition's activities and general business trends to further a business'own goals"?

Question 10: Which marketing function includes test marketing?