Strategic Management MCQ with Answers

Here we have given Strategic Management MCQ with Answers. These Strategic Management Multiple Choice Questions are useful for UGC NET, SET, MPSC, UPSC and Ph D competitive entrance exams. These MCQs are equally useful for MBA, PGDM, MMM, MCA, BBA, BCom, Mcom courses of various Indian & foreign universities. This includes but not limited to Pune University, Mumbai University, Anna University & many more.

Strategy is _________.

A. Completely Proactive & Completely Reactive

B. Partly Proactive & Partly Reactive

C. Neither Proactive Nor Reactive

D. Proactive Only

The origins of Strategic Management can be retraced to ________

a. 1930

b. 1911

c. 1879

d. 1938

BCG in BCG matrix stands for __________

A. Boston Calmette Group

B. British Consulting Group

C. Boston Corporate Group

D. Boston Consulting Group

Strategic management is an important part of any business which helps with _________ formulation and business decisions.

A. Strategy

B. Tactics

C. Procedure

D. Marketing

Which of the following is not part of the micro environment?

A. Technology

b. Shareholders

c. Competitors

d. Publics

Which of the following is not a part the Macro Environment?

A. Laws & Policies

b. Demographics

c. Suppliers

d. Social Values

What does Stars symbolize in BCG matrix?

a. Introduction

b. Growth

c. Maturity

d. Decline

What does Dog symbolize in BCG matrix?

A. Introduction

B. Growth

D. Maturity

D. Decline

The BCG matrix is mainly designed to analyse ______

A. Current strategy of the organization

B. Long-term strategic planning

D. Short-term strategic planning

D. Revenue generated by the organization

In strategic management, SWOT stands for ______

A. Strength, Weakness, Opportunity, Thread

B. Strength, Weakness, Opportunity, Threat

D. Strong, Weak, Open, Transparent

D. Strategic Weapons for Worldwide Tactics

Cultural values would be part of which of the following factor in macro environment?

A. Demographic

B. Social

C. Ecological

D. Natural