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Xaviers Institute
of Business Management Studies
SUBJECT:
Business Strategy
Total Marks: 80
Answer
any FIVE of the following.
All
questions carry equal marks.
Q.1.
Write short notes on ANY TWO of the following
a.
Globalization
b.
Task and processes in formulating business strategy
c.
TQM Philosophy
d.
Characteristics of well formulated corporate objectives
Q.2 Vision and Mission
Statements: Definitions, Differences, and Business Definition’s Role in Mission
Articulation
Answer: Vision Statement
A vision statement outlines the long-term
aspirations and future position a company strives to achieve. It provides
inspiration and a sense of direction for stakeholders.
🔹 Example: Tesla’s vision
statement:
"To create the most compelling car company of the 21st century by
driving the world’s transition to electric vehicles."
Q.3 Porter’s Five Forces
Model and Competition Analysis in the Light Commercial Vehicle Industry
Answer: Michael Porter’s Five Forces Model is
a strategic tool that helps analyze industry competition. It evaluates five
forces that shape profitability and competitiveness.
1. Threat of New Entrants
This force assesses how easily new
competitors can enter the market. Entry barriers such as high capital
investment, brand loyalty, and government regulations determine the threat
level.
In the light commercial
Q.4 GE Multifactor
Portfolio Matrix vs. BCG Matrix
Answer: The GE Multifactor Portfolio
Matrix is a strategic tool used to analyze a company’s business units based
on industry attractiveness and business strength. It is a more
comprehensive alternative to the BCG (Boston Consulting Group) Matrix.
GE Multifactor Portfolio
Matrix
This matrix evaluates business
Q.5.
a) Describe Ansoff’s matrix
b)
What is the difference between market penetration and market development?
Illustrate with suitable examples.
Q.6.
What is “Best cost provider” strategy? What are the risks in pursuing this
strategy?
Answer: Best-Cost Provider Strategy: Definition,
Importance, and Risks
What is the Best-Cost
Provider Strategy?
The Best-Cost Provider Strategy is
Q.7.
What strategic options a firm could follow when the firm is operating in a
maturing industry?
Q.8.
Describe the role of strategy supportive reward system with suitable
illustrations.
Dear students, get fully solved assignments
by professionals
Do send your query at :
or call us at : 08263069601
(Plagiarism proofed assignments available with 100% surety and refund)
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