QUESTION BANK Strategic Management

II MBA I Semester
Strategic Management

QUESTIONS AND ANSWER KEY COMPLETE COURSE

Questio
n Questions
No.
Define strategy
1
Define strategic management
2
What is vision
3
Differentiate vision and mission
4
Write a short note objectives
5
What do you mean by policy
6
Define environmental scanning
7
What do you mean by strategic intent
8
Explain the objectives of strategic management
9
Differentiate goals and objectives
10
Write a short note on environmental factors
11
Define industry analysis
12
What do you mean by competitive analysis
13
Define core competencies
14
Explain competitive advantage
15
Explain internal factors of environment
16
Explain external factors of environment
17
How to gain competitive advantage
18
What are the core competencies
19
What are the tools for competitive analysis
20
1 Explain strategic management process?
2 What is Strategic Vision? Differentiate vision from mission?
3 What are the objectives of a firm? How to differentiate objectives from policies?
4 Explain different policies of a firm?
5 Explain Environmental Scanning?
6 Describe various factors of Industry Analysis?
7 Explain different elements of competitive Analysis?

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QUESTION BANK Strategic Management
8 What are various elements of core Competencies?
9 What is competitive Advantage? And explain how to build competitive advantage?
10 Explain various approaches of Competitive Advantage?
Questio
n Questions
No.
Define Strategic analysis
1
Explain strategic choice
2
What are the tools for strategic analysis and choice
3
Write about Porter’s Five Force Model
4
What do you mean by bargaining power of buyers
5
What do you mean by bargaining power of suppliers
6
Write about bargaining threat of substitutes
7
Write about industry rivalry firms
8
Define new entrants
9
What do you mean by BCG Matrix
10
Write about the cells in BCG Matrix
11
Define GE Model
12
Write about different zones of GE model
13
Explain harvesting strategy
14
Define divesting strategy
15
Write a short notes on TOWS matrix
16
Define SWOT analysis
17
Explain market life cycle model
18
Define organizational learning
19
Write about experience curve
20
Write about Strategic Analysis and Choice? And explain Core competence and Competitive
1
advantage?
2 Describe Porter's Five Force Model?
3 What is BCG matrix? And explain in detail?
4 Explain GE Model in detail?
5 What is TOWS Matrix? Explain in detail?
6 Describe Market Life Cycle Model in detail?
7 Write about Organisational Learning and Experience curve?

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QUESTION BANK Strategic Management
8 Differentiate between BCG Matrix and GE Model?
9 Explain about Core competency of a company?
10 Write about competitive advantage?
Questio
n Questions
No.
Define strategy formulation
1
Define strategy implementation
2
Explain corporate level strategy
3
Define business level strategy
4
Write about functional level strategy
5
What do you mean by growth strategy
6
Define offensive strategy
7
Define defensive strategy
8
Write about various offensive strategies
9
Explain various defensive strategies
10
Define strategy implementation
11
What is Kinsey’s 7-s approach?
12
What is the difference between flat and tall structure?
13
Explain Integration in designing structure.
14
What is strategy and leadership?
15
Explain strategic leadership.
16
What is Bartlett and Ghoshal model?
17
Define transnational strategy.
18
Differentiate international and multi domestic strategy.
19
What is a turnkey contract?
20
1 Write about Strategy Formulation at Corporate, business and functional levels?
2 Write about various Offensive strategies?
3 What is defensive strategy? And explain various defensive strategies?
4 What are the causes for unsuccessful implementation of strategy?
5 What are the different forms of organisation structures?
6 What is the Role of leadership in strategy implementation?
7 Describe the strategies for competing in globalizing markets?
8 Explain the role of internet economy in globalizing markets?
9 Describe the role of resource allocation as a vital part of strategy?
10 Discuss the impact of organisation culture on strategy implementation?

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QUESTION BANK Strategic Management

Questio
n Questions
No.
UNIT – 4: Growth and Diversification Strategy
PART-A (Two Marks Questions)
Define merger.
1
What is turnaround strategy?
2
Give examples of takeovers.
3
What is joint venture?
4
What are the difference between acquisitions and takeovers?
5
List out types of mergers.
6
What are the advantages of joint ventures?
7
What is amalgamation?
8
Give Indian examples of mergers.
9
Explain types of joint ventures.
10
Define diversification.
11
What is competitive advantage?
12
Examples of concentric diversification.
13
What is conglomerate strategy?
14

15 Difference between diversification and synergy.

Explain the objectives of Ansoff matrix.

16
Give examples of vertical diversification.
17
What is core competence?
18
What is organizational synergy?
19
What are the disadvantages of diversification?
20
1 What is turnaround strategy? And how to pursue turnaround strategy?
2 Describe Horizontal integration?
3 Explain about Vertical integration?
4 Write about Mergers? And explain the reasons for Mergers?
5 Describe about Acquisition or Takeover Strategy?
6 Describe about various issues in Joint Venture?
7 What are the problems in Joint Venture? And how to overcome it?
8 What is Diversification? And explain about reasons for Diversification?

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QUESTION BANK Strategic Management
9 Describe various types of Diversification strategies?
10 Explain about resource allocation as a vital part of strategy?

Questio
n Questions
No.
UNIT – 5: Strategy Evaluation and Control
PART-A (Two Marks Questions)
Define strategic evaluation
1
What are the roles of strategist?
2
What is strategic control?
3
List out types of controls.
4
Explain barriers of evaluation.
5
What are the different measures of shareholder value?
6
Explain Guidelines for proper control.
7
What is corporate evaluation?
8
Define balance score card.
9
Define strategic information system.
10
What is strategic audit?
11
Importance of strategic audit.
12
What is strategic surveillance?
13
Disadvantage of strategic information system.
14
What is audit?
15
What are the problems in measuring performance?
16
What are the functions of strategic surveillance?
17
What is value chain analysis?
18
What are the importance of strategic survelillance?
19
What is comparative analysis?
20
1 Write about strategic evaluation and control?
Differentiate between strategic control and operational control?And explain different barriers
2
in strategic evaluation and control?
3 Explain about the role of strategist?
4 Write about Bench marking in strategic evaluation and control?
5 Explain about different problems in measuring strategic performane?
6 Write about criteria for strategic evaluation and control?

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QUESTION BANK Strategic Management
7 Explain about Strategic surveillance?
8 Describe the guidelines for strategic evaluation and control?
9 Write about strategic audit in detail?
Explain about strategy and corporate evaluation and feedback in the Indian and International
10
context?