Strategic Management Nptel Week 1 Assignment Answers
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Strategic Management Nptel Week 1 Assignment Answers (July-Dec 2025)
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Question 1. The origin of the term “strategy” is primarily rooted in which field?
a) Business
b) Education
c) Healthcare
d) Military
Question 2. Which of the following are elements of a successful strategy?
- Clear, Consistent, Short-term goals
- Profound understanding of the competitive environment
- Inadequate allocation of resources
- Objective appraisal of resources
- Dynamic objectives
- Exclusive focus on financial resources
Select the correct answer using the codes given below:
a) 1,2, and 3
b) 4,5, and 6
c) 1,2, and 4
d) 2 and 4 only
Question 3. The post of ‘strategos’ in Athens was created during a war with which empire?
a) Roman Empire
b) Persian Empire
c) Egyptian Empire
d) Macedonian Empire
Question 4. The main goal of implementing a strategy is to:
a) Minimize employee turnover
b) Gain a competitive advantage
c) Reduce product prices
d) Increase operational tasks
Question 5. Which of the following authors describe strategy as – “Strategy is analyzing the present situation and changing it if necessary. Incorporated in this is, finding out what one’s resources are or what they should be”?
a) Peter F Drucker
b) Alfred D Chandler
c) Igor Ansoff
d) Mintzberg
Question 6. Starbucks’s strategy in the coffeehouse market included:
a) Focusing on selling tea only
b) Purchase and roast only top-quality coffee beans
c) Limiting its product offerings to coffee alone
d) Avoiding corporate responsibility initiatives
Question 7. The outcome of strategic thinking is ________.
a) A detailed, step-by-step plan of action
b) An integrated perspective of the enterprise
c) A detailed budget forecast
d) An extensive list of operational tasks
Question 8. Which of the following statements is true about the definition of strategic management in the study “What is strategic management, really? Inductive derivation of a consensus definition of the field”?
a) It was universally agreed upon across all fields
b) Varied in each field but shared a common chord
c) It was solely defined by marketing experts
d) It focused only on economics
Question 9. Planning is best described as:
a) Different initiatives
b) A sequence of initiatives or strategies
c) Random creation of new strategies
d) Ignoring established categories
Question 10. Strategy is characterized as:
a) An analytical style of management
b) An uncalculated, risk-averse approach
c) A committing style of people with energy
d) A documentation of operational tasks
These are Strategic Management Nptel Week 1 Assignment Answers