Strategic Management (Gujarat Technological University -GTU) Important Descriptive Questions
Important questions –
Strategic Management
1) Who is Stakeholders in the Business? Explain their importance.
2) The I/O Model and Resource-based Model of Above Average Return,
3) What is Vision and Mission? Write any five examples.
4) Write the common characteristics to frame Business Mission and vision.
5) Explain: what is Business Model and how strategy link with it?
6) External and Industry Environmental Analysis using
7) Describe :PEST Analysis
8) Prepare Porter’s Five-Force Model for any one industry
9) Write Key Success factor and Diving Forces for any industry
10) What is Strategic Group Mapping? Explain with suitable example.
11) Describe concept of Value Chain. How value chain is important in business strategy.
12) What SWOT Analysis? Prepare SWOT analysis for any suitable company.
13) How Resources and Capabilities helps to create Competencies,
14) Explain: Competence, Core Competence, Distinctive Competence of Organizations with suitable examples
15) What are Competitive Advantage and Sustainable Competitive Advantage? Explain with examples.
16) Explain how corporate, business, operational and functional level strategy links with each other.
17) Write in detail with suitable example: Business level strategy – cost leadership, differentiation, best cost, focus strategy.
18) International Business Strategies.
19) Why companies are Diversify? Why company going for related and unrelated diversification.
20) Write Pros and Cons : Strategic Alliance, Joint Ventures, Mergers & Acquisitions
21) “No successful company can grow without fulfilling its Corporate Social Responsibility”. Discuss giving an example of Dell, Boeing, TATA, Reliance, ESSAR or any listed Indian company.
22) What is “Ethics?” Explain its approaches
23) Explain concept: Matching Structure and Strategy
24) Functional Strategies and Policies
25) Explain how an organization culture will lead best strategy execution?
26) Operations Control and Strategic Control
27) What is Management of change? Reasons for Resistance to Change? How you over come from Resistance to Change
28) You wish to implement ‘Balance Score Card’ in your new organization to have better financial controls and achieve 50% higher performance in the year 2013-13. Explain this concept
29) Define ‘strategic leadership ‘ and explain the role of top level managers
30) “Corporate Governance is essential to manage the relationship among stakeholders and to control the performance of an organization”. Discuss giving an example of a company of your choice.
31) Discuss in detail of guidelines to be followed in designing proper incentive compensation system