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IMT-56
Notes:
a. Write answers in your own words as far as possible and
refrain from copying from the text books/handouts.
b. Answers of IstSet Before a product is advertised, a
thorough market research is conducted in order to know the reactions of various
consumers about the product. There are various advantages and disadvantages of
TV advertising. They are:
(Part-A), IIndSet (Part-B), IIIrdSet (Part – C) and
Set-IVth(Case Study) must be sent together.
c. Submit the assignments in IMT CDL H.O. along with the
assignments Question Papers for evaluation .
d. Only hand written assignments shall be accepted.
A. First Set of Assignments
5 Questions, each question carries 1 marks.
C. Third Set of Assignments
5 Questions, each question carries 1 marks. Confine your answers to 150 to 200
Words.
D. Forth Set of Assignments
Two Case Studies : 5 Marks. Each case study carries 2.5 marks.
SECTION
- A
Q.
1. Define strategy, What are the common elements in successful strategy.
Answer:
A good business strategy steers clear of destructive
competition. It has to focus on uniqueness, geared to delivering unique value
to the important needs of target customers. Strategy should not be confused
with aspiration. For example, "to become a leader in technology" is
as a goal, not a strategy. A well-formulated business
Q.
2. Explain the multiple roles of strategy in a business firm.
Answer:Business people often hear the term "strategy" discussed
in meetings with co-workers, clients and other stakeholders. Yet there is
considerable confusion about the meaning of the word and how the development of
a business strategy can be used to guide the company forward. A business
strategy helps marshal all of the company's resources toward a common goal.Business
strategies help to keep a company's focus on competition and profit
improvement.
Roles
of strategy in a business firm are:
Q.
3. Describe Value; does it have an importance in strategic business decisions?
Answer:A definition of value is, at a simplistic level, to 'do no
harm'. An understanding of the definition of business values and values in
decision making is important in today's business environment. Once you've
gained that understanding, it is necessary to consider the impact of valuable
decision making and problem
Q.
4. Explain the meaning of profits, what are the main determents of industry
profit?
Answer: The surplus remaining after total costs are deducted from
total revenue, and the basis on which tax is computed and dividend is paid. It
is the best known measure of success in an enterprise.
Profit
is reflected in reduction in liabilities
Q.
5. Describe the role of organizational capabilities in strategy formulation.
Answer: Strategy is concerned with matching a firm’s resources and
capabilities to the opportunities that arise in the external environment. So
far, the emphasis of the book has been on the identification of profit
opportunities in the external environment of the firm. In this chapter, our
emphasis shifts from the interface
SECTION
– B
Q.
1. Identify the circumstances in which a firm can create a competitive
advantage over a rival.
Answer:Competitive advantage is what enables a business
organization to thrive. It is the objective of strategy. It is the combination
of elements in the business model which enables a business to better satisfy
the needs in its environment, earning economic rents in the process.
Q.
2. What do you understand by the word Innovation, what mechanisms are effective
in protecting innovations.
Answer:The process of translating an idea or invention into a good
or service that creates value or for which customers will pay. To be called an innovation, an idea must be
replicable at an economical cost and must satisfy a specific need. Innovation
involves deliberate application of information, imagination and initiative in
deriving greater or different values from resources, and includes all processes
by which new ideas
Q.
3. Define vertical integration, what are the different types of vertical
relationships.
Answer:When a company expands its business into areas that are at
different points on the same production path, such as when a manufacturer owns
its supplier and/or distributor. Vertical integration can help companies reduce
costs and improve efficiency by decreasing transportation expenses and reducing
turnaround time, among other advantages. However, sometimes it is more
effective for a company to rely on the
Q.
4. Explain the benefits of a global strategy for a multinational corporation,
Answer: An enterprise operating in several countries but managed
from one (home) country. Generally, any company or group that derives a quarter
of its revenue from operations outside of its home country is considered a
multinational corporation.
There
are four categories of multinational corporations:
(1)A multinational, decentralized
Q.
5. What is diversification; explain the various types of diversification.
Answer: Diversification is a risk management technique a company
uses that makes use of a wide variety of investments within the company. The
under lying principle behind this system is that asserts that different kinds
of investment
SECTION
– C
Q.
1. Describe a multibusiness firm, what are the problems these firms face in
strategy implementation.
Answer: Recent evolution of strategic analysis and choice has
expanded on the core competencynotion to focus on a series of fundamental
questions that multi-business companies shouldaddress in order to make
diversification work.
Q.
2. What do you understand by the external environment, how does it help in
building up a firms strategy .
Answer: The external environment of an organization are those
factors outside the company that affect the company's ability to function. Some
external elements can be manipulated by company marketing, while others require
the organization to make adjustments. Monitor the basic components of your
company's external environment, and keep a close watch at all times.
Q.
3. The economic world is dynamic, how does a company manage in economic crisis.
Answer: Flexibility and openness are the characteristics and
pervasive principles of Estonia's economic policy. Estonia is an e-country with
a favourable business climate and cost advantages that is also open to growth.
Incentives
– how risk and reward are shared; how people behave if they
actin their own perceived best interests given the structure of pecuniary
Q.
4. Costs have a strong implication in having a competitive advantage do you
agree with this statement, what are the sources of cost advantage .
Answer:National prosperity is created, not inherited. It does not
grow out of a country’s natural endowments, its labor pool, its interest rates,
or its currency’s value, as classical economics insists.
A nation’s competitiveness depends on the capacity of its
industry to innovate and upgrade. Companies gain advantage against the world’s
best competitors because of pressure and challenge. They benefit from having
strong domestic rivals,
Q.
5. Explain differentiation, what advantages does a firm accrue in
differentiation.
Answer:Differentiation is an operation that allows us to find a
function that outputs the rate of change of one variable with respect to
another variable. Your differentiation strategy is an integrated set of action
designed to produce or deliver goods or services that customers perceive as
being different in ways that are important to them. It
Dear students get fully solved
assignments
Send your semester &
Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
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CASE
STUDY – 1
Questions
Q. 1.What were the reasons
for Lehman brothers bankruptcy?
Answer:
The bankruptcy of Lehman Brothers was a result of the
investment bank’s exposure to the 2007-2010 financial crisis. In fact, the
demise of the investment bank would come to symbolize the crisis. Therefore, in
order to understand the Lehman Brothers’ bankruptcy, a consummate understanding
of the 2007-2010 financial crisis is requisite. As such, an examination of
crisis will serve as introductory.
Q. 2.What lessons would you
learn from the Lehman brothers bankruptcy?
Answer: On September 15 five years ago, the world awoke to a
financial calamity: One of the nation’s largest investment banks was
collapsing, unable to meet its obligations. The Lehman Brothers bankruptcy, in
turn, triggered the near destruction of the entire financial system and the
worst recession since the Great
CASE
STUDY - 2
Questions
Q. 1. What was the type of
strategy Tata’s adopted during the launch of Nano.
Answer: The introduction of the Nano received media attention due to
it's targetedlow price. The car is expected to boost the Indian Economy, create
entrepreneurial-opportunities across India as well as expand the Indian car
market by 65%. RatanTata-Chairman of the Tata Group envisioned the car and Tata
Motors-who hasdescribed it as an eco-friendly
Q. 2.pl help the company in
working out a suitable strategy for the success of the car.
Answer:In developing ‘suitable strategy’, it is useful to
distinguish between three forms of international expansion that arise from a
company’s resources, capabilities and current international position. If the
company is still mainly focused on its home markets, then its strategies outside
its home markets can be seen as international. For example, a dairy company
might sell some of its excess milk and cheese supplies outside its home
country. But its main strategic focus is still directed to the home market.
Q. 3.by using a SWOT
analysis outline the failure of the car in the Indian markets.
Answer: Conducting a SWOT analysis of your business is actually kind
of fun. It won’t take much time, and doing it forces you to think about your
business in a whole new way. The point
of a SWOT analysis is to help you develop a strong business strategy by making
sure you’ve considered all of your business’s strengths and
Q. 4.what in your opinion
is the future of such cars in Indian markets.
Answer: Rapidly growing populations and rising incomes will drive an
enormous rise in car use and greenhouse gas emissions across Latin America,
Africa, the Middle East and Asia by 2050.
But deliberate policy choices about urban planning, road building and
the provision of public transport will determine whether the increase is
manageable or becomes a nightmare for congestion and climate change.
Dear students get fully solved
assignments
Send your semester &
Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )
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