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Management Strategic Management Difficulty: Medium

Match the following. List-I List-II a. Stability Strategy 1. Expansion through Concentration b. Retrenchment 2. Profit Strategy c. Growth Strategy 3. Liquidation d. GE Business Model 4. Bruce D Henderson e. Growth Share Matrix 5. McKinsey & Co If an activity has zero slack, it implies that Difference of cost, which occurs while considering alternatives can be classified as Buying and selling of mass consumer goods and services comes under which of the following markets? Which of the following statements are true/false? 1. The Minimum Wages Act, 1948 came into force on 15 th March, 1948. 2. The State-Central Government has the power to appoint a central advisory board for the purpose of advising the Central and State Governments in the matters of the fixation and revision of minimum rates of wages. 3. The minimum rate of wages includes only cost of living allowance. 4. The minimum rates of wages may be fixed by the hour, day, month.