MCQ for CA Intermediate EIS & SM - PART 2 - STRATEGIC MANAGEMENT - Chapter 2 - DYNAMICS OF COMPETITIVE STRATEGY
Sample Multiple Choice Questions (MCQ's) for CA Intermediate - Paper 7 - ENTERPRISE INFORMATION SYSTEMS & STRATEGIC MANAGEMENT - PART 2 - STRATEGIC MANAGEMENT - Chapter 2: DYNAMICS OF COMPETITIVE STRATEGY - For Practice relevant for Dec 22 and May/June 23 Examinations
Q:1 Reactive strategy can also be termed as-
- Planned strategy
- Adaptive strategy
- Sound strategy
- Dynamic strategy
Answer: 2
Q:2 Strategy is a game plan used-
- To take market position
- To attract and satisfy customers
- To respond to dynamic and hostile environment
- All of the above
Answer: 4
Q:3 Mission is also known as _____________.
- objective
- goals
- strategy
- vision
Answer: 4
Q:4 The first step of strategic management, the mission of the firm answers the question,
- What business should we be in?
- What is our reason for being in business?
- Who are our customers?
- Who are our suppliers?
Answer: 2
Q:5 A _______________ defines the company's business, its objectives and its approach to reach those objectives.
- objective
- goals
- strategy
- vision
Answer: 4
CA Intermediate EIS & SM - PART 2 - STRATEGIC MANAGEMENT - MCQ for Chapter 3 - 
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