Question

TU PILULSS UIUSQUID 5. Globalization is a driving force that influences global companies to maximize their performance to expand beyond their national borders: thus, in SWOT analysis and strategic choice a coman must develop A. A local strategy A global strategy A regional strategy A functional strategy The management of a company can implement the strategic choice that is defined as A. The focus strategy B. All applicable alternatives spontaneously C. The right strategy or fit strategy D. Diversification strategy There is a difference between general managers and operational or functional managers. General managers are A individuals responsible for the operations of R&D B. individuals responsible for the production functions C. individuals responsible for the overall financial operations individuals responsible for the overall performance of an organization indi D

Answer 1

5) The right answer is

B) global strategy

Explanation :- globalization is a way for the companies to expand beyond the national boundaries so, before expanding beyond national boundaries the companies must develop a global strategy while doing swot analysis and implementing strategic choice to analyse the global environment and to analyze all the possible alternative before choosing a right one.

Reason for rejection of other points :-

Local strategy will not help the company in competition at global level .

Functional strategy means the strategy related to a particular function like marketing strategy or financing strategy.

Regional strategy helps the company to compete with other companies in a particular region , not globally.

6) the answer is

C) the right strategy or fit strategy

Explanation :-

Implementation of strategic choice can be defined as the right strategy because strategic choice is a process in which various strategic alternative are analysed and evaluated and the alternative that fits best to the company is implemented so, it is the right strategy or fit strategy.

Reason for rejection of other points:-

Focus strategy means focussing only on a narrow part of the market just like niche market.focus strategy can be achieved by cost focussed strategy or differentiated strategy.

Diversification strategy means to expand the products or market of the business. It may be by doing another business related or unrelated.

All applicable alternative are analysed before implementing the strategic choice.

7) the answer is

D) individual responsible for overall performance of an organisation.

Explanation :- general manager is the person who is responsible for all the areas of the organisation and oversees day to day business operations as well as the functions performed by the organisation .so, general manager are individual who are responsible for overall performance of the organisation.

Reason for rejection of other points:-

Functional manager are the individual who are only responsible for the operations of a particular unit.

So, individual responsible for operation of R&D , individual responsible for production function and individual responsible for financial operations are the Functional manager as they all are overseeing the operations of a particular function .