Comprehensive Exam: Strategic Management (Part 1)
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Questions and Answers

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?

    <p>People, planet, and profit</p> Signup and view all the answers

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

    <p>Exclusivity</p> Signup and view all the answers

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

    <p>100%</p> Signup and view all the answers

    What is the primary focus of strategic management?

    <p>Long-term planning and goal setting</p> Signup and view all the answers

    What is the primary purpose of SWOT analysis?

    <p>Assessing strengths, weaknesses, opportunities, threats</p> Signup and view all the answers

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

    <p>Differentiation</p> Signup and view all the answers

    What is the primary purpose of the Ansoff Matrix?

    <p>Identifying strategies for product-market growth</p> Signup and view all the answers

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

    <p>PESTEL analysis</p> Signup and view all the answers

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

    <p>It assesses the threat of substitute products</p> Signup and view all the answers

    What do unemployed or underemployed resources imply?

    <p>Inefficient allocation of resources</p> Signup and view all the answers

    What is elasticity in economics?

    <p>A measure of responsiveness</p> Signup and view all the answers

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

    <p>Comparative advantage in production</p> Signup and view all the answers

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

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

    Which of the following is not deductible from business income?

    <p>Loss on exchange of capital assets</p> Signup and view all the answers

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

    <p>Deductions are only allowed for business-related expenses</p> Signup and view all the answers

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

    <p>To minimize his tax liability</p> Signup and view all the answers

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

    <p>Strictly against the taxpayer</p> Signup and view all the answers

    What is not a power exercised by the government?

    <p>Exploitation</p> Signup and view all the answers

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

    <p>All of the above</p> Signup and view all the answers

    What is not a public purpose?

    <p>None of these</p> Signup and view all the answers

    What is the principle of theoretical justice in taxation?

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

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

    <p>To foster a culture of inclusion and respect</p> Signup and view all the answers

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

    <p>Communication</p> 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?

    <p>Downsizing</p> 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?

    <p>Culture</p> Signup and view all the answers

    What is the primary purpose of an employee handbook?

    <p>To communicate company policies and procedures</p> Signup and view all the answers

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

    <p>Workforce planning</p> Signup and view all the answers

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