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MB0052 - STRATEGIC MANAGEMENT AND BUSINESS POLICY.docx

MB0052 - STRATEGIC MANAGEMENT AND BUSINESS POLICY.docx

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Published by MBA HELP
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601

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Published by: MBA HELP on Nov 13, 2013
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Dear students get fully solved assignments
 
Send your semester & Specialization name to our mail id :
 
help.mbaassignments@gmail.com
 
or call us at : 08263069601
ASSIGNMENT DRIVE FALL 2013 PROGRAM MBADS / MBAN2 / MBAHCSN3 / MBAFLEX
 –
 (SEM 4) PGDENMN /PGDFMN/ PGDHRMN / PGDHSMN / PGDIB / PGDISMN / PGDMMN / PGDOMN / PGDPMN / PGDROMN / PGDSCMN / PGDTQMN
 –
 (SEM 2) SUBJECT CODE & NAME MB0052
 –
 STRATEGIC MANAGEMENT AND BUSINESS POLICY SEMESTER 4 BK ID B1699 CREDITS 4 MARKS 60 Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Q.1 Write Short notes on the following: (a) Value Chain Analysis (b) Corporate Restructuring Ans : (a) Value chain Analysis :
Value Chain Analysis describes the activities that take place in a business and relates them to an analysis of the competitive strength of the business. Influential work by Michael Porter suggested that the activities of a business could be grouped under two headings:
Q. 2 Differentiate between mission and vision of a company? Explain with examples. Ans :Meaning and explanation of mission statement with examples :
A mission statement is a statement of the purpose of a company, organization or person, its reason for existing. The mission statement should guide the actions of the organization, spell out its overall goal, provide a path, and guide decision-making. It provides "the framework or context within which the company's strategies are formulated." It's like a goal for what the company wants to do for the world.
 
 
Mission statements often include the following information:
 
Aim(s) of the organization
 Q.
3 Explain in detail Porter’s four generic strategies.
 Ans :
Porter’s generic strategies
: 1. The Cost Leadership Strategy:
Porter's generic strategies are ways of gaining competitive advantage
 –
 in other words, developing the "edge" that gets you the sale and takes it away from your competitors. There are two main ways of achieving this within a Cost Leadership strategy:
Q.4 Differentiate between core competence and distinctive competence. Ans : Competency:
A competency is anything a business does well. A business may have numerous competencies. For example, an advertising firm might do a great job of managing internal talent and developing leaders from within. Or a manufacturing company might be extremely successful in keeping its number of defects per thousand units produced extremely low.
Core Competency:
A core competency is a competency of the
Q.
5 Define the term ‘industry’. List the types of industries. How do you conduct an industry
analysis? Ans :
Definition of ‘industry’
:
A classification that refers to a group of companies that are related in terms of their primary business activities. In modern economies, there are dozens of different industry classifications, which are typically grouped into larger categories called sectors. Individual companies are generally classified into industries based on their largest sources of revenue. For example, an automobile manufacturer might have a small financing
Q.6 Describe the different approaches to business ethics.

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