Comprehensive Exam: Strategic Management (Part 1)

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What is the maximum allowable foreign ownership in advertising companies in the Philippines?

20%

40%

25% (correct)

30%

What is the primary goal of good governance?

Minimizing taxes

Maximizing profits

Ensuring transparency, accountability, and fairness (correct)

Maximizing shareholder wealth

What does CSR stand for?

Corporate Sustainability Responsibility

Customer Service Responsibility

Corporate Social Responsibility (correct)

Corporate Strategic Responsibility

What is the triple bottom line approach in corporate social responsibility?

People, planet, and profit Signup and view all the answers

Which of the following is NOT a principle of good governance?

Exclusivity Signup and view all the answers

What is the maximum allowable foreign ownership in educational institutions in the Philippines?

100% Signup and view all the answers

What is the primary focus of strategic management?

Long-term planning and goal setting Signup and view all the answers

What is the primary purpose of SWOT analysis?

Assessing strengths, weaknesses, opportunities, threats Signup and view all the answers

What type of strategy involves offering unique products or services to a specific market segment?

Differentiation Signup and view all the answers

What is the primary purpose of the Ansoff Matrix?

Identifying strategies for product-market growth Signup and view all the answers

What type of analysis evaluates external factors affecting the business environment?

PESTEL analysis Signup and view all the answers

Which of the following is a characteristic of Porter's Five Forces model?

It assesses the threat of substitute products Signup and view all the answers

What do unemployed or underemployed resources imply?

Inefficient allocation of resources Signup and view all the answers

What is elasticity in economics?

A measure of responsiveness Signup and view all the answers

What is the basis of gains from international trade according to David Ricardo?

Comparative advantage in production Signup and view all the answers

What is the treatment of gifts given to government officials in Modesto's business?

They are deductible if found to be necessary and properly supported Signup and view all the answers

Which of the following is not deductible from business income?

Loss on exchange of capital assets Signup and view all the answers

What is the correct statement about deductions for income tax purposes?

Deductions are only allowed for business-related expenses Signup and view all the answers

What is the purpose of a taxpayer availing of all deductions authorized by law?

To minimize his tax liability Signup and view all the answers

In cases of doubts regarding deductions and exemptions on income tax returns, how are they resolved?

Strictly against the taxpayer Signup and view all the answers

What is not a power exercised by the government?

Exploitation Signup and view all the answers

Which of the following is an inherent power of the government?

All of the above Signup and view all the answers

What is not a public purpose?

None of these Signup and view all the answers

What is the principle of theoretical justice in taxation?

Taxes must be based on the taxpayer's ability to pay Signup and view all the answers

What is the primary purpose of promoting diversity and inclusion in an organization?

To foster a culture of inclusion and respect Signup and view all the answers

Which of the following skills is an example of a soft skill?

Communication Signup and view all the answers

What is the term for the process of reducing the size of a company's workforce due to economic or business reasons?

Downsizing Signup and view all the answers

What is the term for the set of beliefs, values, and norms that influence how employees behave within an organization?

Culture Signup and view all the answers

What is the primary purpose of an employee handbook?

To communicate company policies and procedures Signup and view all the answers

What is the term for the process of evaluating an organization's current and future staffing needs?

Workforce planning Signup and view all the answers