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Management Sciences 5307 MCQs [All-Courses]

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Management Sciences focuses on the planning, organizing, leading, and controlling of resources to achieve organizational goals.This subject is highly important for competitive exams, academic study, and professional careers in the business and public sectors.

All Topics  5307

After translating the company mission into strategic goals, the next step is to?
A formulate strategies
B implement the strategies
C evaluate performance
D none of above
Correct Answer: formulate strategies
The first step in management by objectives is to?
A set departmental goals
B set organizational goals
C set individual goals
D discuss departmental goals
Correct Answer: set organizational goals
The ‘corporate strategy’ does not include?
A diversification
B consolidation
C cost leadership
D vertical integration
Correct Answer: cost leadership
Achieving aims and monitoring results in HR management of financial and non-financial goals, regarded as?
A HR scorecard
B HR digital dashboard
C both A and B
D none of above
Correct Answer: HR scorecard
The Top management works on?
A strategic plan
B corporate plan
C budgeting
D both A & B
Correct Answer: strategic plan
Diversification’ can be best classified as?
A potential opportunities
B potential threats
C potential strengths
D potential weaknesses
Correct Answer: potential opportunities
The external and internal audit of a company includes?
A economic trends
B political trends
C competitive trends
D all of above
Correct Answer: all of above
What our business is’ is stated in?
A mission statement
B strategic goals
C vision statement
D all of above
Correct Answer: mission statement
Low cost foreign competition, classified as?
A potential opportunities
B potential threats
C potential strengths
D potential weaknesses
Correct Answer: potential threats
Opening retail stores, the way ‘Apple’ has opened , a classic example of?
A vertical integration
B horizontal integration
C consolidation
D geographic expansion
Correct Answer: vertical integration
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