MCQOPTIONS
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MCQOPTIONS
This section includes 24 Mcqs, each offering curated multiple-choice questions to sharpen your Master of Business Administration (MBA) knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
From the point of view of marketing, an organization that enjoys competitive advantage in an industry has done so by: |
| A. | Focusing on long-term profit. |
| B. | Charging lower prices than competition. |
| C. | Creating superior value for customers. |
| D. | Constantly enlarging its marketing activities. |
| Answer» D. Constantly enlarging its marketing activities. | |
| 2. |
'Influence' is defined as the ability to ____________ someone to something they would not otherwise have done. |
| A. | Intimidate |
| B. | Force |
| C. | Order |
| D. | Persuade |
| Answer» B. Force | |
| 3. |
Posting of home country nationals for all key management positions throughout the globe is supported by: |
| A. | Geocentric staffing model. |
| B. | Polycentric staffing model. |
| C. | Ethnocentric staffing model. |
| D. | none |
| Answer» D. none | |
| 4. |
An organization structure that is in the main a functional or divisional structure but also includes project teams to deal with specific issues is called: |
| A. | An M-form structure |
| B. | A front-back structure |
| C. | A networked structure |
| D. | A hybrid structure |
| Answer» E. | |
| 5. |
The shape or format of reporting and decision making relationships can be defined as the organizational: |
| A. | Span of control |
| B. | Architecture |
| C. | Hierarchy |
| D. | Chain of command |
| Answer» D. Chain of command | |
| 6. |
The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: |
| A. | Fit, distinctiveness, sustainability |
| B. | Fit, internal resources, external environment |
| C. | Distinctiveness, internal resources, fit |
| D. | Sustainability, distinctiveness, external environment |
| Answer» C. Distinctiveness, internal resources, fit | |
| 7. |
Specific cultural dimensions that does not have a significant impact on cross national business interactions is |
| A. | Hofstede s five cultural dimensions |
| B. | Monochromatic vs polychromatic tune |
| C. | Communication |
| D. | Geography |
| Answer» E. | |
| 8. |
A situation in which the joint moves of two firms can determine how much money each firm can make or lose can be explained using the story of: |
| A. | The Trojan Horse |
| B. | The Icarus Paradox |
| C. | The Prisoner's Dilemma |
| D. | The Icarus Dilemma |
| Answer» E. | |
| 9. |
Specific cultural dimensions that does not have a significant impact on cross national business interactions is |
| A. | Hofstede s five cultural dimensions |
| B. | Monochromatic vs polychromatic tune |
| C. | Communication |
| D. | Geography |
| Answer» E. | |
| 10. |
Brandenburger and Nalebuff added a sixth force to Porter's Five Forces. It is known as: |
| A. | The threat of substitutes |
| B. | The power of complementors |
| C. | Seller power |
| D. | Government regulation |
| Answer» B. The power of complementors | |
| 11. |
According to Porter, dealing with the paradox of premature commitment versus not enough commitment involves some kind of: |
| A. | Trade-off |
| B. | Lock-in |
| C. | Lock-out |
| D. | Diversification |
| Answer» D. Diversification | |
| 12. |
A strategic decision can be distinguished from other types of decisions by three factors, these are magnitude, time-scale and: |
| A. | Commitment |
| B. | Riskiness |
| C. | Impact |
| D. | Longevity |
| Answer» C. Impact | |
| 13. |
A strategic decision can be distinguished from other types of decisions by three factors, these are magnitude, time-scale and: |
| A. | Commitment |
| B. | Riskiness |
| C. | Impact |
| D. | Longevity |
| Answer» C. Impact | |
| 14. |
Knowledge management is concerned with the emergence, storage and_________ of knowledge. |
| A. | Trade |
| B. | Transfer |
| C. | Translation |
| D. | Transcription |
| Answer» C. Translation | |
| 15. |
A corporate parent can offer an individual business a number of 'propositions'. These are build propositions, stretch propositions, link propositions, select propositions and: |
| A. | Lend propositions |
| B. | Locate propositions |
| C. | Leverage propositions |
| D. | Leap propositions |
| Answer» D. Leap propositions | |
| 16. |
The agreement signed by Ranbaxy Laboratory and Bayer AG of Germany in the year 1999 is an example of |
| A. | Subsidiary |
| B. | Joint venture |
| C. | Strategic International Alliance |
| D. | License agreement |
| Answer» D. License agreement | |
| 17. |
An organization adjusts its pricing in response to falling customer demand. This is an example of which type of learning? |
| A. | Single-loop learning |
| B. | Double-loop learning |
| C. | Surface learning |
| D. | Deep learning |
| Answer» B. Double-loop learning | |
| 18. |
Which of the following industries is least likely to follow the conventional life-cycle model? |
| A. | Software development |
| B. | Coal mining |
| C. | Insurance broking |
| D. | Hairdressing |
| Answer» B. Coal mining | |
| 19. |
According to this theory the holdings of a country s treasure primarily in the form of gold constituted its wealth. |
| A. | Gold Theory |
| B. | Ricardo Theory |
| C. | Mercantilism |
| D. | Hecksher Theory |
| Answer» D. Hecksher Theory | |
| 20. |
According to Porter, if an organization does not follow either a cost leadership strategy or a differentiation strategy they are: |
| A. | Hybrid |
| B. | Stuck in the middle |
| C. | Typical |
| D. | No frills |
| Answer» D. No frills | |
| 21. |
The main components of an organization's architecture are structural hierarchy, values and belief systems, contracts and relationships and (two more): |
| A. | Control systems and ways of working |
| B. | Information infrastructure and power structures |
| C. | Control systems and power structures |
| D. | Control systems and information infrastructure |
| Answer» E. | |
| 22. |
When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? |
| A. | Transnational |
| B. | Global |
| C. | Multi-national |
| D. | Global-local |
| Answer» D. Global-local | |
| 23. |
Governmental regulations can affect the viability & ----------- of a company using the internet as a foreign market entry mode. |
| A. | Effectiveness |
| B. | Association |
| C. | Performance |
| D. | None of the above |
| Answer» D. None of the above | |
| 24. |
A major operating objective that may induce companies to engage in international business is _____? |
| A. | To expand sales |
| B. | To maximize risk |
| C. | To acquire competitors |
| D. | None of the above |
| Answer» B. To maximize risk | |