Current Mid Term Papers Nov 2011, (Fall 2011)
Current Fall 2011 Papers, November 2011 Papers, Mid Term Fall 2011 Papers, Solved Papers, Solved Past Papers, Solved MCQs
Today was my MGT603 paper or it was too easy, total questions was 32, 28 MCQs and 4 long questions and all objective+ subjective from past papers except 8 MCQs but they was also understanding. subjective questions are following,
What should be the characteristics of a firm that is successfully pursuing a Cost Leadership Strategy? Enlist any six of them.
Six characteristics of successfully pursuing cost leadership strategy firm:
3- Low overhead.
4-Wide spans of control.
5-Intensive screening of budget.
6-Employees participation in cost control efforts.
Question No: 31 ( Marks: 5 )
List down and explain five steps that comprise an effective framework for conducting an EFE Matrix.
• List key external factors (10-20)
Opportunities & threats
You have to prepare a list of all external factors which will affect the EFE matrix. These factors should be
two points to be kept in mind these are opportunities and threats.
• Assign weight to each (0 to 1.0)
������ Sum of all weights = 1.0
Now you have to arrange them according to their weight age that which factor is most important. It should be weight age in % ages. The sum of the total of all the factors should always be one.
• Assign 1-4 rating to each factor
• Firm’s current strategies response to the factor: how well firms response to these factors.
• Multiply each factor’s weight by its rating
• Produces a weighted score
How the firm will respond to these factors external factors. Such criteria are known as rating.
• Sum the weighted scores for each
������ Determines the total weighted score for the organization.
According to ‘Peter Drucker’, what is the prime task of strategic management?
► To develop the vision of the business
► Effectively evaluate the strategies
► To think through the overall mission of a business
► Develop alternative set of strategies
Abdullah Group of Industries is involved in the sale of its marginal business. It is most likely to say that Abdullah Group is implementing _____________________ strategy.
► Join venture
The MM equipment firm’s financial statements reveal that its sales are Rs. 500 and its finished goods inventory is valued as Rs. 250. BC Company is one of the competitors of MM equipment with 3 times inventory turnover. You have to evaluate that which of the following statements is true about MM equipment’s inventory turnover?
► Equal to BC Company
► Better than BC company
► None of the given options
► Worst than BC Company