NPTEL Principles of Management Week 3 Assignment Answers 2025
1. Standing plans are the ones that provide guidelines for activities to be performed repetitively. Which among the following is not a standing plan?
- Policies
- Rules
- Budget
- Procedures
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2. XYZ company has set the objective of 200,000-unit sales considering the favorable government policy towards digitization of transactions. This is an example of which step of the planning process?
- Developing planning premises
- Identifying alternatives
- Objective setting
- Implementing plan
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3. Name the fastest-growing form of environmental scanning that allows managers to anticipate competitors’ actions rather than merely reacting to them.
- Competitor Action
- Competitor Intelligence
- Competitive Monitoring
- Competitive Knowledge
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4. “Organizations operate in a pluralistic society”. Which of the following options best explains this statement?
- Organizations have employees from diverse backgrounds.
- Organizations operate with groups and committees.
- Organizations have multiple agendas and strategies.
- Organizations address multiple interests of the stakeholders.
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5. The set of values, beliefs, behaviour, customs, and attitude that helps people understand what the organization stands for, how it operates, and what it considers important is known as:
- Corporate Clan
- Inside Stories
- Corporate Culture
- Value System
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6. When an organization is in multiple businesses, those individual businesses that are independent and have their own competitive advantage are referred to as
- Strategic Business Unit
- Separate Units
- Strategic Intent
- Business Portfolio
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7. Match the following:
a. Core Competency i. Value-creating capabilities of organization
b. Capabilities ii. Financial, human, capital, tangible/intangible assets
c. Resources iii. Unique resources that the organization possess
d. Strength iv. Skills and abilities
- a-i, b-iv, c-ii, d-iii
- a-ii, b-i, c-iii, d-iv
- a-ii, b-i, c-iv, d-iii
- a-iii, b-iv, c-i, d-ii
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8. Which products would likely be categorized as a “Star” in the BCG Matrix?
- A popular smartphone model in a rapidly growing market
- A declining desktop computer brand in a stagnant market
- A niche product with minimal market share in a growing market
- A well-established soft drink brand in a stable market
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9. Which among the following companies implemented a renewal strategy during a financial crisis?
- Apple introducing the iPhone to expand its product line
- General Motors reorganizing and filing for bankruptcy during the 2008 financial crisis
- Amazon launching its Prime service
- Tesla expanding into the energy sector
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10. Which of the following illustrates the “Threat of Substitutes” in Porter’s Five Forces?
- A car manufacturer facing competition from bike-sharing apps
- A smartphone company entering the market with a new model
- A technology firm cutting down its prices to gain market share
- A supplier increasing the cost of raw materials
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