21 Jul 2014

Smu mba stategic management & business sample paper set two




3. The role of a strategic leader is to establish __________ and communicate ________________ in the organisation.
Peace, information
Should have chosen
Organisational structure, strategic vision
Strategies, strategic vision
Wrong
Organisational structure, peace
Feedback:Not the right choice - The role of a strategic leader is to establish organisational structure and communicate strategic vision in the organisation is the correct choice.
4. What are the two steps in resource allocation process?
Setting up guideline development group, scheduling time for events
Should have chosen
Breaking up the project and extracting task, assigning the task to the resources
Recognising the need for services, evaluation of potential suppliers
Wrong
Establishing priorities, assigning the task to the resources
Feedback:Not the right choice - Assigning the task to the resources is one of the steps in resource allocation, but establishing priorities is one of the steps involved in project detailing.
Unit 04-2 Mark
Question 1. Identify the correct statement from the following.
Encouraging communication standards and preserving core strengths are the goals of a company while working on its Critical Success Factor.
Designing competitive positions and enhancing image are the goals of a company while working on its Critical Success Factor.
Should have chosen
Developing high level goals and implementing analysis matrices are the goals of a company while working on its Critical Success Factor.
Wrong
Encouraging communication standards and developing high level goals are the goals of a company while working on its Critical Success Factor.
Feedback:Not the right choice - Developing high level goals is the correct statement, but encouraging communication standards is the interest of a company to develop its core competencies.
2. SBU increases focus on __________ and gives more emphasis on _____________ performances.
Finance, short-term
Negotiation, long-term
Liquidity, long-term
Correct
Products, short-term
Feedback:Right choice - SBU increases focus on products and gives more emphasis on short-term performances.

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