Nothing Special   »   [go: up one dir, main page]
Scribd Logo
Upload

Welcome to Scribd!

  • 22 views

    Guide To The Final Exam - Doc5.3 PDF

    Uploaded by

    Hassan Salih
    This document provides a guide to the final exam questions for a strategic management course. It lists 11 questions that will be covered on the exam: 1. The questions ask students to discuss key strategic management terms and concepts like strategic drift, benchmarking, and Greiner's growth model. 2. One question asks students to discuss Porter's Diamond model and how it can help Sudanese companies determine if they should expand internationally. 3. Students are asked to explain the differences between incremental and transformational strategic change and how each might affect a company's organization. 4. The document provides exam questions on topics like cost efficiency, diversification strategies, industry analysis using Porter's five forces, resource-based

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Guide To The Final Exam - Doc5.3 PDF

    Uploaded by

    Hassan Salih
    22 views2 pages
    This document provides a guide to the final exam questions for a strategic management course. It lists 11 questions that will be covered on the exam: 1. The questions ask students to discuss key strategic management terms and concepts like strategic drift, benchmarking, and Greiner's growth model. 2. One question asks students to discuss Porter's Diamond model and how it can help Sudanese companies determine if they should expand internationally. 3. Students are asked to explain the differences between incremental and transformational strategic change and how each might affect a company's organization. 4. The document provides exam questions on topics like cost efficiency, diversification strategies, industry analysis using Porter's five forces, resource-based

    Original Description:

    Original Title

    Guide to the Final exam.doc5.3.pdf

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides a guide to the final exam questions for a strategic management course. It lists 11 questions that will be covered on the exam: 1. The questions ask students to discuss key strategic management terms and concepts like strategic drift, benchmarking, and Greiner's growth model. 2. One question asks students to discuss Porter's Diamond model and how it can help Sudanese companies determine if they should expand internationally. 3. Students are asked to explain the differences between incremental and transformational strategic change and how each might affect a company's organization. 4. The document provides exam questions on topics like cost efficiency, diversification strategies, industry analysis using Porter's five forces, resource-based

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    22 views2 pages

    Guide To The Final Exam - Doc5.3 PDF

    Uploaded by

    Hassan Salih
    This document provides a guide to the final exam questions for a strategic management course. It lists 11 questions that will be covered on the exam: 1. The questions ask students to discuss key strategic management terms and concepts like strategic drift, benchmarking, and Greiner's growth model. 2. One question asks students to discuss Porter's Diamond model and how it can help Sudanese companies determine if they should expand internationally. 3. Students are asked to explain the differences between incremental and transformational strategic change and how each might affect a company's organization. 4. The document provides exam questions on topics like cost efficiency, diversification strategies, industry analysis using Porter's five forces, resource-based

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Strategic management – Preseen exam questions – Final exam UOFK- MBA- SEM.

    Guide to the Final exam

    1. Briefly y discuss the meaning and significance of each of the


    following terms:
    a. Strategic drift
    b. Bowman’s strategy clock
    c. Benchmarking
    d. Business model innovation
    e. Greiner’s growth model

    2. Porter's 'Diamond' model suggests that the degree of competitive


    advantage enjoyed by different nations results from the
    interaction of four basic factors. Discuss and deliberate on the
    implications of the model and how Porter’s Diamond Theory can be
    applied to assist the Sudanese companies in determining whether or
    not it should develop internationally.
    3. Companies have to update their strategy on a regular basis but
    sometimes need to look at radical change, briefly explain these
    two types of Strategic Change and how they might affect company
    organization. Schematically define incremental and
    transformational change.
    4. Achieving and continually improving cost efficiency has been
    regarded as a threshold strategic capability in any organization
    in today’s competitive environment. Why? In your opinion, how
    organizations can improve their cost efficiency?
    5. What is diversification? What are the main types of
    diversification? Why is it important for managers to understand
    the concept of diversification? Discuss how the selection of
    different diversification strategies will have an impact on the
    way a business is managed. Give example(s) to support your
    argument.
    6. “Determinants of the market attractiveness as part of the
    internationalization strategy can be analyzed on the bases of
    market characteristics, competitive characteristics and
    consideration of the entry modes" Discuss.
    7. With respect to innovation strategists have to make choices
    regarding three issues: how far to follow technological
    opportunity as against market demand; how much to invest in
    product innovation rather than process innovation and whether to
    focus on technological innovation rather than extending innovation
    to their whole business model" Discuss.

    1
    Strategic management – Preseen exam questions – Final exam UOFK- MBA- SEM. 4

    8. “From strategic management perspective it is useful for managers


    in an organization to understand the competitive forces in their
    industry" Discuss this statement using Porter's five forces
    framework for industry analysis.
    9. According to the resource based view of the firm, there are four
    attributes resources a firm needs to have if they are going to
    provide it with a sustainable competitive advantage. Explain how
    these can give a firm a sustainable competitive advantage. Give an
    example of each to support your answer.
    10. Describe the major differences in managing a turnaround and
    evolutional strategic changes. What leadership style is
    appropriate for each of these two changes? Why?
    11. Describe the concept of strategic group. What are the
    advantages of undertaking a strategic group analysis? What
    criteria can be used for grouping firms within an industry? Give
    examples to support this.
    Good luck!

    You might also like