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May 16, 2012

Strategic Management - Model questions

source: www.visionapexcollege.blogspot.com 
Attempt all questions
1a. "Strategic management is not a box of tricks or a bundle of techniques. It is analytical thinking and commitment of resources to action". Justify your answer. 10 (Unit 1 Strategic Management)
b. Explain the components of socio cultural environment in reference to current scenario. 5 (Unit 2 External environment analysis and forecasting)
2  a. What does a manager mean by establishing company direction? Why do we need to set performance standard? Explain. 8 (Unit 3 Establishing Company Direction)
b. Define the term social responsibility. Name five valuable indicators of a firm's social responsibility. 7 (Unit 2 External environment analysis and forecasting)
3.  a. Explain the strategy making pyramid and its uses. 7 (Unit 3 Establishing Company Direction)
b. Discuss the methods of industry and competitive analysis. 8 (Unit 4 Industry and competitive Analysis)
4.  a. Explain the methods of assessing company's prices and cost competitive.8 (Unit 5 Evaluating company resources and competitive Capabilities)
b. What types of techniques would you apply to scan environment that influence food and beverage firm today? 7 (Unit 4 Industry and competitive Analysis)
5 a. What elements do you have to analyze to determine a company's internal position and its external opportunities and threats? 8(Unit 5 Evaluating company resources and competitive Capabilities)
b. What do you mean by grand strategies? Explain any two alternatives of the grand strategy. 7 (Unit 6 Strategic Options)
6 a. Explain your understanding of the concept of generic strategies and the conditions that suit the generic strategies. 10(Unit 6 Strategic Options)
b. What kind of
roles do chief executives play in strategic management? Explain. 5(Unit 1 Strategic Management)
7. Write short notes on any two. 5x2
a. Evaluating and choosing strategy. (Unit 7 Strategic analysis and choice)
b. Strategic cost and value chain analysis. (Unit 5 Evaluating company resources and competitive Capabilities)
c. Uniting the strategy making effort. (Unit 3 Establishing Company Direction)
Unit
 Credit Hrs
Question Number
Marks of question
Total
I. Unit 1 Strategic Management
7
1a, 6b
10+5
15
II Unit 2 External environment analysis and forecasting)
5
1b,2b
7+5
12
III. Unit 3 Establishing Company Direction
6
2a, 3a,7c
8+7+5
20
IV (Unit 4 Industry and competitive Analysis
6
3b,4b
7+8
15
V Unit 5 Evaluating company resources and competitive Capabilities
8
4a, 5a 7b,
8+8+5
21
VI Unit 6 Strategic Options
10
5b,6a
7+10
17
VII Unit 7 Strategic analysis and choice
6
7a
5
5



Attempt all questions
1a. "Strategy is a firm's overall plan to optimize organizational goal achievement in competitive environment.  Justify your answer10 (Unit 1 Strategic Management)
b. Explain the impact of socio economic environment. 5 (Unit 2 External environment analysis and forecasting)
2  a. Why do we need to set up mission statement? What are the key elements of a strategic mission? 8 (Unit 3 Establishing Company Direction)
b. Is business ethic a social responsibility? Name five valuable indicators of a firm's social responsibility. 7 (Unit 2 External environment analysis and forecasting)
3.  a. Explain the levels of strategy and its uses. 7 (Unit 3 Establishing Company Direction)
b. Discuss the methods of industry and competitive analysis. 8 (Unit 4 Industry and competitive Analysis)
4.  a. How do you assess the threats to future profitability of a company? Explain.8 (Unit 5 Evaluating company resources and competitive Capabilities)
b. What types of techniques would you apply to scan environment that influence non life insurance today? 7 (Unit 4 Industry and competitive Analysis)
5 a. What elements do you have to analyze to determine a company's internal position and its external opportunities and threats? 8(Unit 5 Evaluating company resources and competitive Capabilities)
b. What do you mean by generic strategies? Explain any two alternatives of the grand strategy. 7 (Unit 6 Strategic Options)
6 a. Explain your understanding of the concept of grand strategies. 10(Unit 6 Strategic Options)
b. What kind of roles do chief executives play in strategic management? Explain. 5(Unit 1 Strategic Management)
7. Write short notes on any two. 5x2
a. G E Model of strategy choice. (Unit 7. Strategic analysis and choice)
b. Strategic group map. (Unit 6)
c. Uniting the strategy making effort. (Unit 3 Establishing Company Direction)
Unit
 Credit Hrs
Question Number
Marks of question
Total
I. Unit 1 Strategic Management
7
1a, 6b
10+5
15
II Unit 2 External environment analysis and forecasting)
5
1b,2b
7+5
12
III. Unit 3 Establishing Company Direction
6
2a, 3a,7c
8+7+5
20
IV (Unit 4 Industry and competitive Analysis
6
3b,4b
7+8
15
V Unit 5 Evaluating company resources and competitive Capabilities
8
4a, 5a 7b,
8+8+5
21
VI Unit 6 Strategic Options
10
5b,6a
7+10
17
VII Unit 7 Strategic analysis and choice
6
7a
5
5




Attempt all questions
1a. Explain the dimensions of strategic decisions and value of strategic management." 10 (Unit 1 Strategic Management)
b. Explain the components of political legal environment in reference to current scenario facing by commercial banks in Nepal. 5 (Unit 2 External environment analysis and forecasting)
2  a. What is strategic intent? Why do we need to set performance standard? Explain. 8 (Unit 3 Establishing Company Direction)
b. Define the term social responsibility. Name five valuable indicators of a firm's social responsibility. 7 (Unit 2 External environment analysis and forecasting)
3.  a. Differentiate between strategic and financial objective. 7 (Unit 3 Establishing Company Direction)
b. Discuss the five forces model of industry and competitive analysis. 8 (Unit 4 Industry and competitive Analysis)
4.  a. Explain the strategic cost analysis and value chain; and benchmarking .8 (Unit 5 Evaluating company resources and competitive Capabilities)
b. What types of techniques would you apply to scan environment that influence currently established commercial bank? 7 (Unit 4 Industry and competitive Analysis)
5 a. What are the elements of company's resource capabilities and weakness? Explain. 8(Unit 5 Evaluating company resources and competitive Capabilities)
b. Explain the grand strategies. 7 (Unit 6 Strategic Options)
6 a. Explain the generic strategies and the conditions that suit the generic strategies. 10(Unit 6 Strategic Options)
b. Explain the value of strategic management. 5(Unit 1 Strategic Management)
7. Write short notes on any two. 5x2
a. Hofer's Model. (Unit 7 Strategic analysis and choice)
b. Value Chain Analysis. (Unit 4)
c. Conglomerate diversification. (Unit 3)
Unit
 Credit Hrs
Question Number
Marks of question
Total
I. Unit 1 Strategic Management
7
1a, 6b
10+5
15
II Unit 2 External environment analysis and forecasting)
5
1b,2b
7+5
12
III. Unit 3 Establishing Company Direction
6
2a, 3a,7c
8+7+5
20
IV (Unit 4 Industry and competitive Analysis
6
3b,4b
7+8
15
V Unit 5 Evaluating company resources and competitive Capabilities
8
4a, 5a 7b,
8+8+5
21
VI Unit 6 Strategic Options
10
5b,6a
7+10
17
VII Unit 7 Strategic analysis and choice
6
7a
5
5


 

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