Friday, September 20, 2013

MS – 11 Strategic Management



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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.


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Send your semester & Specialization name to our mail id :
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or
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