MGT 30625 Strategic Management 2016
Model Paper
Section A - Multiple Choice
Answer all 10 questions. Choose the most suitable answer. (2 Marks X 10 question = Total 20
marks)
1. In what way is strategic planning often distinguished from operational planning?
A. the organizational vs. functional focus
B. the number of executives involved in the process
C. the complexity of the planning forms
D. the use of outside consultants
2. Right sequence of “scenario analysis” is;
A. Key drivers of change, Select opposing outcome, develop scenario stories
B. Select opposing outcome, Key drivers of change, develop scenario stories
C. develop scenario stories, Key drivers of change, Select opposing outcome
D. Key drivers of change, develop scenario stories, Select opposing outcome
3. What is the major benefit of having Blue ocean thinking?
A. Competing successfully with competitors
B. Improving organizational value chain
C. Find new market spaces where competition is minimized
D. Improve the brand image
4. In the Power / interest matrix, if the “level of interest high and Power is high” what
should be the strategy?
A. Minimal effort
B. Keep informed
C. Key players
D. Keep satisfied
5. XX
6. XX
7. XX
8. XX
9. XX
10. XX
1
Section B – Structured question
Answer 4 questions out of 5 questions. (15 Marks X 4 question = Total 60 marks)
1. When organizations fail to respond environmental changes in the long run, they have
to come out with new strategy. Describe this situation.
2. Think about a particular industry and identify three scenario stories.
3. Identifying stakeholder expectations and power, helps in understanding political
priorities for the organization. Discuss this statement showing relevant theories and
practice
4. A new company has planned to follow “no frills” business strategy. As a consultant
for the company, advise them on “no frills” business strategy
5. Plot BCG matrix explaining its practical relevance for strategy decisions.
6. Write short notes for below topics
I.
Operational Level
II.
Corporate level
III.
Game theory
IV.
Stake holders
V. Corporate parenting
VI.
Xx
VII.
Xx
VIII.
Xx
IX.
Xx
X. XX
Section C – Essay type
Answer 1 questions out of 2 questions. (20 marks X 1 question = Total 20 Marks)
1. Compare and contrast different types of organizational configurations found in
organizations. Show examples
2. Illustrate strategy development processes in organizations giving practical examples for
each. Describe the theory and practice.
2