Strategic Management Quiz - 4

1. Budgets are plans expressed in numerical terms usually in financial terms
[A]TRUE
[B]FALSE



2. The actual performance deviates positively over the budgeted performanve. This is an indication of superior performance
[A]TRUE
[B]FALSE



3. Staffing function applies to all company levels irrespective of levels of hierarchy
[A]TRUE
[B]FALSE



4. Change in company's strategy gives rise to problems necessitating a new structure to be made
[A]TRUE
[B]FALSE



5. Analysis of variances leads to a plan for corrective action
[A]TRUE
[B]FALSE



6. The environment of any organization is "the aggregate of all conditions, events and influences that surround and affect it."
[A]TRUE
[B]FALSE



7. Companies have strenghts in a number of areas but their key strength are few in number
[A]TRUE
[B]FALSE



8. Environmental competitiveness tends to encourage ethical behaviour.
[A]TRUE
[B]FALSE



9. The actual performance matches the budgeted performance. This is a realistic situation.
[A]TRUE
[B]FALSE



10. Labour satisfaction may result in unethical behaviour as anger.
[A]TRUE
[B]FALSE



11. Style of a company are the patterns of actions taken by members of top management over a period of time
[A]TRUE
[B]FALSE



12. Systems are formal and informal rules and regulations that complements the company structure
[A]TRUE
[B]FALSE



13. HR implementation involues a series of action programme like production, estimation of raw materials, labour & machine hours.
[A]TRUE
[B]FALSE



14. Timing of measurement before hand serves the purpose of evaluation.
[A]TRUE
[B]FALSE



15. Micro environment is the internal environment of a company.
[A]TRUE
[B]FALSE