MB0052 - Strategic Management and Business Policy

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ASSIGNMENT

DRIVE	SUMMER 2017
PROGRAM	Master of Business Administration – MBA
SEMESTER	IV
SUBJECT CODE & NAME	MB0052 - Strategic Management and Business Policy
BK ID	B1699
CREDITS	4
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Question. 1. What according to David are the various reasons for poor or no strategic planning and management by companies?

Answer: While the data on strategic plan failure rates is all over the map, suffice it to say it’s HIGH!  Below you’ll find ten common reasons strategic plans fail.  It’s likely that the last strategic initiative to fall short in your organization could be attributed to one (or some combination) of these ten causes.

1. History –  You have to be mindful of your history when it comes to launching strategic initiatives.  If you’re the kind of organization which, just a year ago, launched a new initiative with great fanfare only for it to have died an unceremonious death, then

Question. 2. Write short notes on Business Continuity Planning and Business Impact Analysis.

Answer: Business Continuity Planning: The first step in developing a strong, organization-wide business continuity plan is conducting a Business Impact Analysis.

·       Identify and quantify your business risks

·       Make more informed decisions regarding business continuity

·       Fulfill regulatory requirements

Question. 3. What is Competence Analysis? What are the four major types or levels of competence?

Answer: Competence is the ability of an individual to do a job properly. A competency is a set of defined behaviors that provide a structured guide enabling the identification, evaluation and development of the behaviors in individual employees. The term "competence" first appeared in an article authored by R.W. White in 1959 as a concept for performance motivation. In 1970, Craig C. Lundberg defined the concept in "Planning the Executive Development Program". The term gained traction when in 1973, David McClelland wrote

Question. 4. Write short note on BCG Portfolio Model and Porter’s Generic Strategy.

Answer: BCG Portfolio Model: The growth–share matrix (aka the product portfolio matrix, Boston Box, BCG-matrix, Boston matrix, Boston Consulting Group analysis, portfolio diagram) is a chart that was created by Bruce D. Henderson for the Boston Consulting Group in 1970 to help corporations to analyze their business units, that is, their product lines. This helps the company allocate resources and is used as an analytical tool in brand marketing, product management, strategic management, and portfolio analysis. Some analysis of market

Question. 5. Write short notes on Ansoff product-market expansion matrix and Strategic Alliance

Answer: Ansoff product-market expansion matrix: The Ansoff Matrix is a strategic planning tool that provides a framework to help executives, senior managers, and marketers devise strategies for future growth. It is named after Russian American Igor Ansoff, who came up with the concept.

Ansoff, in his 1957 paper, provided a definition for product-market strategy as "a joint statement of a product line and the corresponding set of missions which the products are designed to fulfill". He describes four growth alternatives:

Question. 6. What do you mean by Structure of an Organisation? Explain some of the common structural forms.

Answer: An organizational structure defines how activities such as task allocation, coordination and supervision are directed toward the achievement of organizational aims. Organizations need to be efficient, flexible, innovative and caring in order to achieve a sustainable competitive advantage. Organizational structure can also be considered as the viewing glass or perspective through which individuals see their organization and its environment.

Organizations are a variant of clustered entities.

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

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or

Call us at : 08263069601

(Prefer mailing. Call in emergency )