PRELIM EXAM IN BUSINESS 1

I. IDENTIFICATION. Identify what are being referred to by the given

concepts. (1 pt. each) 2 points
1. The worlds top brands associated with quality, reasonable price and reflect
the manufacturers social and environmental consciousness.
2. It includes all the decisions and actions set by the managers and it provides a
gauge in the performance of a particular organization.
II. TRUE OR FALSE. Write TRUE if the statement is correct, otherwise, write
FALSE. (2 pts. each) 30 points
1. Strategy formulation involves scanning and evaluating the organization which
also includes the external environment.
2. Globalization is the nationalization of markets and corporations.
3. Strategy Evaluation excludes appraising the companys performance.
4. Customers have more power because they now have unlimited access to
information through the internet.
5. Operational strategies are long-term and are associated with various operational
departments of the company.
6. In the electronic age, companies cannot go to customers directly as they need to
pass through distributors or intermediaries which serve as distribution channels.
7. Competitive Strategies deal with establishing competitive strength against
competitors
8. Situation Analysis provides the information necessary to formulate the
companys vision or mission statement but it excludes environmental scanning.
9. The essence of Corporate Strategy is to be able to improve both operational and
competitive strategies.
10.Strategy implementation includes appraising the companys performance.
11.
The internet is putting corporations within their traditional boundaries and
corporations are now exploring endless possibilities to innovate.
12.
In Planning Financial Aspects phase in strategic management, the data to be
considered may come from salespeople.
13.
Failure to communicate the strategies to the entire organization loses the
ability of the organization to implement strategies.
14.Operational strategies will solidify all the other strategies that will then result to
overall organizational performance.
15.
In the concept of globalization, companies have placed one international
division to serve all international transactions in order for them to maintain
quality and competitive pricing.
III.

SYNTHESIS. Create a diagram illustrating the steps in the Strategic

Management Process. (18 points)
PRELIM EXAM IN MANAGEMENT 4

1. What are the four (4) factors which contribute to the growth of
personnel management in the Philippines?

2. What are the ten (10) roles of the personnel/human resource manager?
3. What are the nine (9) roles of the HR department the organization?
4. Give at least four (4) personal qualities of the Personnel/Human
Resource Manager.
5. Give at least three (3) skills needed by HR Professionals.

PRELIM EXAM IN MANAGEMENT 4

1. What are the four (4) factors which contribute to the growth of
personnel management in the Philippines?
2. What are the ten (10) roles of the personnel/human resource manager?
3. What are the nine (9) roles of the HR department the organization?
4. Give at least four (4) personal qualities of the Personnel/Human
Resource Manager.
5. Give at least three (3) skills needed by HR Professionals.