It may be for growth and development or downsizing. Finally, from an academic point of view, its definition can be stated as under.
Distinguish between core competence, distinctive competence, strategic competence and threshold competence. Accountability system is also very different in public sector from that in private sector. Q 2 Explain the following: Restrictive factors are those factors that limit profits Technology: Explain with examples, international strategy, multi-domestic strategy, global strategy and transnational strategy.
Paragraph 10 0 No paragraph-level conversations. Day -to-day operating problems take up the time necessary for long-term planning. Paragraph 16, Sentence 1 0 No sentence-level conversations. Core competence is not just a single strength or skill or capability of a company; it is interwoven resources, technology and skill or synergy culminating into a special or core competence.
Many of these organizations have multiple service objectives, and the beneficiaries of service are not necessarily the contributors to revenue or resource. Paragraph 4 0 No paragraph-level conversations. Strategic Alliances probably work best if the companies portfolio complement each other, but do not directly compete.
Firms are able to apply their core competencies, business model or network to achieve a profit above the industry average. It is important to identify core competencies because it is difficult to retain those competencies in a price war and cost-cutting environment.
Core competence is a management tool that enables an organization to deliver a unique value to its customers. The Work-with-IT PES T LE investigation identified four broad categories of political factors currently influencing or likely to influence institutions in the near future: While doing so, we maintain the highest standards of ethics and societal responsibilities.
This strategy is a mixture or hybrid of low-price and differentiation, and targets a segment of value-conscious buyers that is usually larger than a market niche, but smaller than a broad market.
Paragraph 21, Sentence 2 0 No sentence-level conversations. Meanwhile, others think that the future is just too difficult to predict, and they prefer to evolve their strategies organically. Paragraph 3 0 No paragraph-level conversations.
This division or unit is equipped with specialized planning staff who forms the nucleus of strategic planning activities of a company.
It may be for growth and development or downsizing. Paragraph 21, Sentence 5 0 No sentence-level conversations. It is also true that regular strategic process involving the CEO reduces chances of unpleasant or confronting situations.
These new firms can be formed for a finite time, like for a certain project or for a lasting long-term business relationship, while control, revenues and risks are shared according to their capital contribution.
For example, multinational companies like General Motors, Honda and Toyota may have to decide about the most strategic locations or configurations of plants for manufacturing the cars. Write a brief note on Turnaround strategy. But, continued threshold competence can also lead to closure of business.Master of Business Management Semester IV MB – Strategic Management and Business Policy - 4Credits (Book ID: B) Assignment Set- 1 (60 Marks).
MODEL QUESTION PAPER. SUBJECT CODE: MB SUBJECT: Strategic Management & Business Policy SECTION A 1. A _____ defines the purpose and principles of an organization in terms of values of an organisation. MB - Free download as PDF File .pdf), Text File .txt) or read online for free.
Scribd is the world's largest social reading and publishing site. Search Search. Masters of Business Administration MBA Semester 4 MB – Strategic Management and Business Policy Assignments Q 1. What is strategy?
Explain some of the major reasons for lack of strategic management in some companies. MB - Strategic Management and Business Policy B 4 credits; 60 marks Note: Answer all questions.
Kindly note that answers for 10 marks questions should be approximately of words. Each question is followed by evaluation scheme Q.
Final MbStrategic Management and Business Policy. MB – STRATEGIC MANAGEMENT AND BUSINESS POLICY Assignments In any organizational hierarchy, the board of directors is the apex/highest level body. The board is the final important role in the strategic management process of a company. The senior managers include SBU heads.Download