Friday, 22 April 2016

STRATEGIC MANAGEMENT-Define strategic intent, vision and mission. Write major components of a mission

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STRATEGIC MANAGEMENT


1.         Define strategic intent, vision and mission. Write major components of a mission statement. How do you define corporate objectives? Distinguish between purpose, mission, long-term objectives and goals.


2.         Discuss the roles of the following in corporate governance.


3.         The organizational resources and behavior exercise a significant influence on the environment of an organization. Illustrate how strengths and weaknesses create synergistic effects.


4.         Define strategic management and bring out the main elements of strategic management. Explain with appropriate diagram the strategic management model and its major components.


5.         Discuss the global challenge facing Indian firms. Explain important techniques for environmental analysis.


6.         What are generic Strategies? Discuss the reasons for adopting stability and expansion strategies.


7.         What do you understand by industry environment? Discuss main components of industry environment.


10.       Explain Cost leadership strategy, its strategic choices, and advantages and disadvantages of cost leadership.    Define Differentiation Strategy. Discuss is advantages and disadvantages.



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