Sau Sanjay Ghodawat University, Kolhapur te Cy Established as State Private University under Govt, of Maharashtra, Act No XL, 2017 eee) Year & Program: MBA If School of Commerce and Management Department: MBA Course Code: MAB601 Course Titl Day and Date: End Semester Examination Time :3-Hrs. incaanle ISSA np + Strategic Management Semester: III (Odd) Instructions: 1) All Questions are compulsory. Qi Solve following Multiple Choice Question (MCQ) Marks 0 a) 1. The fundamental purpose of an organization’s mission statement is to 4 | (a) Create a good human relations climate in the organization. (b) Define the organization’s purpose in society (©) Define the operational structure of the organization (d) Generate good public relations for the organization 2. What is meant by the term ‘Stakeholder’? (a) A person who is not related with a business. (b) A person who is related with a business. (©) A person who owns a business. (d) A person who purchases the shares of a business b) 3. Which of the following is NOT an entry barrier to an industry? 4 (a) Expected competitor retaliation (b) Economies of scale (c) Customer product loyalty (4) Bargaining power of suppliers 4. Which one of the following is NOT included in the Porter's Five Forces model (a) Potential development of substitute products (b) Bargaining power of suppliers (©) Rivalry among stockholders (4) Rivalry among competing firms c) 5. The GE 9 cell model is based on ee 4 (a) Industry attractiveness & business strength (b) Industry growth rate & business strength (c) Industry attractiveness & relative market share (d) Industry growth rate & relative market share 6. Product differentiation refers to the (a) Ability of the buyers of a product to negotiate a lower price (b) Response of incumbent firms to new entrants, Page 1 of 3 IESE}4) e) 10. iW 12, b) (6) Belief by customers that a product is unique (d) Fact that as more of a product is produced the cheaper it becomes per unit. Expansion strategy is a __ strategy. (a) Corporate level (b) Business level (c) Functional level (d) Strategic level Vertical integration is concerned with (a) Supply chain (b) Production (c) Quality (d) Planning Which of the following resources is used by all organizations to achieve desired objectives? (a) Financial resources, (b) Physical resources (c) Human resources (d) All of the above What does SBU stand for ? (a) Significant business undertaking (b) Special bureaucratic use (©) Standard business usage (d) Strategic business unit ‘After implementing the strategy, the next an important step is_ (a) Strategy evaluation (b) Strategy implementation (c) Strategy formulation (d) Strategy control ‘An important activity in_ __ is taking corrective action. (a) Strategy implementation (b) Strategy leadership (©) Strategy formulation (d) Strategy evaluation Answer the following Depict the model of strategic management and explain its four stages. "Mission describes the present and vision the future". With this statement in mind differentiate mission and vision statements. OR Page 2 of 3Q3. b) a) b) a) b) d) Cc) d) Differentiate between Goals and Objectives of Business Answer the following Explain strategic implications of BCG matrix model Analyse how the Value chain analysis framework benefits the organization in strategic management. OR Describe the PESTEL analysis of the external environment for business firm. Answer the following Explain Low cost strategy with the help of suitable example. Discuss differentiation Strategy with any two examples. Describe Vertical integration with suitable example. Can cost leadership strategy allow a firm to ear above-average retumns despite strong competitive forces? Discuss OR Identify the alternative options available under stability strategy for a firm, Answer the following Explain the related and unrelated diversification strategy with example, Explain Balanced Scorecard as a Strategic Management System. Elucidate types of strategic control Mr. Adani is a Chief Ex. Officer for Ranbori Co. Pvt. Ltd want to evaluate the strategy which has been implemented by the strategist team of Ranbori Co., explain him the process of strategic evaluation, OR Describe Strategy and Structure relationship. eee aran 6 6 6 6 Page 3 of 3