Mgt Quiz

Top level decisions or strategy developed from top level also referred as:

• Business level strategy

• Corporate level strategy

• Functional level strategy

____________ Strategy includes the number of business activities for minimizing the cost:

• Retrenchment strategy

• Stability strategy

• Growth strategy

Strategies and decisions taken at the middle level management are termed as:

• Operational level strategy

• Functional level strategy

• Business level strategy

Innovate and pursue new opportunities and seek untapped market

• Innovation strategy

• Blue ocean strategy

• Entrepreneurship process

Which one of the following companies follow blue ocean strategy

• Apple

• Blackberry

• Samsung

Which model can be used in tasks based on innovation and creativity?

• Innovation matrix

• Six thinking hats model

• Blue ocean model

XYZ Company is currently facing challenges due to Covid 19 situation. Which approach they should initiate now to overcome the challenges?

• Functional level strategy

• Crisis management

• Digitization strategy

_________ is the plan devised for an outcome other than an usual plan for managing crisis situations

• Risk management planning

• Contingency planning

• Crisis planning

Wages, salaries and other financial allowances are part of which aspect of HRM?

• Payroll management

• Compensation management

• Employee engagement and retention management

__________ refers to the peers or parties associated with the company directly or indirectly

• Shareholders

• Customers

• Stakeholders