This document lists 30 important questions for the subject of Business Policy and Strategic Management (BPSM). The questions cover key topics in strategic management including defining strategy, the nature of business policy, strategic decision making, corporate strategy, Porter's generic strategies, various strategic planning models (BCG, GE, Ansoff matrices), the role of strategists, environmental analysis techniques, value chain analysis, strategic implementation, evaluation, and control.
This document lists 30 important questions for the subject of Business Policy and Strategic Management (BPSM). The questions cover key topics in strategic management including defining strategy, the nature of business policy, strategic decision making, corporate strategy, Porter's generic strategies, various strategic planning models (BCG, GE, Ansoff matrices), the role of strategists, environmental analysis techniques, value chain analysis, strategic implementation, evaluation, and control.
This document lists 30 important questions for the subject of Business Policy and Strategic Management (BPSM). The questions cover key topics in strategic management including defining strategy, the nature of business policy, strategic decision making, corporate strategy, Porter's generic strategies, various strategic planning models (BCG, GE, Ansoff matrices), the role of strategists, environmental analysis techniques, value chain analysis, strategic implementation, evaluation, and control.
1. Define strategy and strategic management highlighting its nature and
importance. 2. What is Business Policy? Discuss its nature and scope. 3. What is the scope and nature of Business policy? 4. What is strategic decision making? What components should be taken care of while making a strategic decision? 5. What is corporate strategy? Explain the different strategies used under it. 6. Explains the process of strategic management in detail. 7. What is M.E. Porter’s GENERIC model? 8. Explain GE-9 Cellmatrix.with example. 9. Explain BCG matrix with examples. 10. Explain Ansoff matrix with examples. 11. What is the role of strategist in strategic management? 12. What is the hierarchy of strategic intent? 13. Explain the difference between vision and mission statements of an organization? 14. What is environmental appraisal? Discuss its various techniques. 15. What a explanatory note on the methods and techniques used for organizations appraisal. 16. What is value chain analysis(VCA)? 17. What are the steps for implementing astrategy? 18. What is structural implementation ofstrategy? 19. What is behavioral implementation ofstrategy? 20. What is functional implementation ofstrategy? 21. What is strategic evaluation? 22. What is strategic control? 23. What are the various techniques to strategic control? 24. Explain Michael Porter’s five force analysis for analyzing competitive environment of a firm by using any example 25. Discuss the various business level strategies. 26. SWOT analysis is a very crucial element of strategic planning. Comment. 27. Write a explanatory note on the methods and techniques used for organizational appraisal. 28. Write a short note on strategic analysis and choice. 29. How do you manage strategic change. 30. Write a short note on environmental scanning