Strategy Planning Process MCQ with Answers PDF Download – Test 8

MCQ 36: Michael Porter's generic grand strategy is useful in providing future guidance while making strategic decisions. Point out the four strategies of porter:

1. Strength, Weakness, Opportunity, Threats
2. Growth, Stability, Retrenchment, Combination
3. Product, Goals, employee training, market share.
4. Growth, Stability, market share, retrenchment.

MCQ 37: Business requires a steady flow of cash to run their operations smoothly. Account receivable loan means the loan that is:

1. Protected against the account receivables
2. Utilized to recover the receivables
3. Used to maintain a certain level of non current assets
4. None of the above

MCQ 38: Companies often borrow money to smoothly run their operations. When a company repays its loan, it is an example of:

1. Cash inflows
2. Cash outflows
3. Cash utilization
4. Cash transaction

MCQ 39: Insufficient supplier management could be a reason for:

1. Bad internal management
2. Lack of management
3. Lack of communication between departments
4. Cash flow problems for the organization

MCQ 40: Dealing with procrastination is a little tricky but it is manageable. Dealing with it means setting SMART goals. SMART goals means:

1. Specific, Measurable, Achievable, Realistic, Timed and Targeted
2. Systematic, Motivating, Achievable, Realistic, Targeted
3. Specific, Minimal effort, Achievable, Realistic, Timed and Targeted
4. Success, Manageable, Achievable, Realistic, Timed