Strategic Implementation & Control – Financial and Strategic Management MCQ

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Strategic Implementation & Control – Financial and Strategic Management MCQ

1 / 23

Vertical integration may be beneficial when:

2 / 23

Change in culture, attitude, and mindset call for:

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Which of the following is the benefit of McKinsey’s 7-S Framework Model?

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____ are at the core of the McKinsey 7-S model.

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An important activity in___ is taking corrective action.

6 / 23

Which of the following is the correct statement?

7 / 23

Which of the following is Hard ‘S’ as per McKinsey Model?

8 / 23

Maria is the Marketing Manager for Wholefoods Ltd. She is working on the firm’s marketing plan. Her forecasts show that, if they carry on as they have been doing, they are likely to miss their sales revenue targets by ₹ 5,00,000. She needs some new ideas. What kind of analysis has Maria undertaken?

9 / 23

Strategy formulation requires –

10 / 23

What does SBU stand for?

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McKinsey’s 7-S framework helps analyze organizations and improve their effectiveness. The seven elements to be coordinated are: shared values, structure, systems, style, and what?

12 / 23

Strategy formulation is primarily__

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Which of the following is NOT included in McKinsey 7 S framework?

14 / 23

The plan devised to maintain and build competitive advantage over the competition –

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Strategy implementation focuses on –

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The way the organization is structured and who reports to whom

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___means crafting a combination of strategies and picking out the best one to achieve the organizational goals and objectives and thereby reaching the vision of the organization.

18 / 23

Which of the following is NOT one ‘S’ as per McKinsey 7-S framework?

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Which of the following is NOT one ‘S’ as per McKinsey 7-S framework?

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___ focuses on whether the strategy is being implemented as planned and the results produced are those intended.

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The critical 7 S model was developed and created by a reputed consulting firm:

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Strategic implementation is

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___is a process through which a strategy is put into action.

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