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ASSIGNMENT
MS – 11 - Strategic Management
Course Code : MS - 11
Course Title : Strategic
Management
Assignment Code : MS-11/SEM - II /2013
Coverage : All Blocks
1.
What is the purpose of strategy? Explain. What are the different levels of
strategy in an organization? Explain these levels with the help of an
illustration.
Answer : Business strategy is what
helps any business to be in control of its growth and maintain its composition.
Strategy is the direction and capacity of an organisation over long-term, and
it is very important for the success of any business organisation.
Purpose and strategy. They seem to fit
like peanut butter and jelly. Purpose is the jelly, sweetening our appetites
for the work to be done. Strategy is the peanut butter, making it all stick
together as we do the work.
2.
Discuss the concept of strategic alliances. Why do organizations pursue
strategic alliances? Explain with the help of an example.
Answer : A strategic alliance is an
agreement between two or more parties to pursue a set of agreed upon objectives
need while remaining independent organizations. This form of cooperation lies
between Mergers & Acquisition M&A and organic growth.
Partners may provide the strategic
alliance with resources such as products, distribution channels, manufacturing
capability, project funding, capital equipment, knowledge, expertise, or
intellectual property. The alliance is a cooperation or
3.
What is the balanced scorecard (BSC)? As a strategist what challenges will you
face while developing and implementing a BSC? Discuss.
Answer : The balanced scorecard (BSC)
is a strategy performance management tool - a semi-standard structured report,
supported by design methods and automation tools, that can be used by managers
to keep track of the execution of activities by the staff within their control
and to monitor the consequences arising from these actions.[1] It is perhaps
the best known of several such frameworks (it was the most widely adopted
performance management framework reported in the 2010 annual survey of
management tools undertaken by Bain & Company.[2]) Since its original
incarnation in the early 1990s as a performance
4.
What do you understand by an organizational culture? Is there a relationship
between service and culture of an organization? Justify with the help of a case
of an organization.
Answer : Organizational culture is the
behavior of humans who are part of an organization and the meanings that the
people attach to their actions. Culture includes the organization values,
visions, norms, working language, systems, symbols, beliefs and habits. It is
also the pattern of such collective behaviors and assumptions that are
5.
Discuss as to why evaluation of a strategy is important for an organization.
Support your answer with the help of an example from the corporate world.
Answer : Strategy is a plan of action
developed to achieve a specific goal or objective. Strategic business planning
isn't just for large companies. It's also required for small and mid-sized
companies competing in markets that have become smaller due to technological
advances that have increased the interconnection of markets. Strategic
evaluation is the assessment process that provide executives and managers
performance information about programs, projects and activities designed to
meet business goals and objectives.
Dear
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Send
your semester & Specialization name to our mail id :
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