Vandana Creations

               TOPIC - STRATEGIC MANAGEMENT 1.     Which one of the following does NOT seem to be an advantage of the strategic management? A.    Discharges board responsibility B.     Provides a framework for decision-making C.    Forces an objective assessment D.    It can be expensive 2.     Which of the following analyses 'products and businesses by market share and market growth'? A.    SWOT Analysis B.     BCG Matrix C.    PEST Analysis D.    Portfolio Analysis 3.     Which one of the following is NOT part of the McKinsey's 7-S framework? A.    Skills B.     Staff C.    Systems D.    Supervision 4.     Which one of the following...

                             TOPIC - OPERATION MANAGEMENT 1.      The recent trend in the Production/Operations management which suggests the use of minimal amount of resources to produce a high volume of high quality goods with some variety is referred to as: A.    SCM B.    TQM C.    Lean Production D.    Just-In-Time 2.      Effective capacity can NOT be determined by which of the following factors? A.    Product design and product-mix B.    Quantity and quality capabilities C.    Facilities D.    None of the above 3.      In which of the following stages the management should try to change its approach by changing its strategy from "buy my product" to "try my produc...