B.Com In Banking & Insurance (BCBI) Sem V 2023 2024 Dec 2024 I STATEGIC MANAGEMENT Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 A. State whether the following statements are True or False (Any Eight) 8 marks
   • 1. The origins of Strategic Management can be retraced to 1938
   • 2. Strategic management is an important part of any business which helps with strategy formulation and business decisions
   • 3. Stars symbolizes growth in BCG matrix
   • 4. Cultural values are a part of natural factors in macro environment
   • 5. Competitive advantage can best be described as perfect competition in the market
   • 6. Evaluation of Strategy is one of the elements of strategic management
   • 7. The foundation of blue ocean strategy is Value Innovation
   • 8. Low cost, Differentiation and Focus are examples of Business Strategies
   • 9. The process of identifying and addressing ethical issues that arise in an organization is known as Ethical Decision Making
   • 10. A mission statement should be aligned with the company’s values and goals
2. Q1 B. Fill in the blanks from the option given: (Any Seven) 7 marks
   • 1. Strategic Management is the management of an organization’s resources to achieve its (Financial needs, Goals and Objectives, Competitive Advantage, Market Share)
   • 2. Marketing strategy is a type of strategy
   • 3. What is the starting point of strategic intent?
   • 4. is not a recognized element of corporate strategy
   • 5. strategy is often considered as an entrepreneurial strategy
   • 6. According to the BCG matrix SBU comprising products in an attractive industry but representing little market share would be referred to as (A Star, A Dog, A Cash Cow, A Question Mark)
   • 7. Functional strategies are sometimes called
   • 8. can be defined as the alignment of business operations with social values
   • 9. is the collection of managerial decisions and actions that determine the long run performance of an organization
   • 10. The corporate level is where top management directs (All employees for orientation, Overall strategy for the entire organization, its efforts to stabilize recruitment needs, Overall sales projection) A Define Strategic Management. Explain the importance of Strategic B Explain the various Models of Strategic Management. (8)
   • A. Explain the importance of Politics in Strategic Management. 7
   • B. Explain various elements of Strategic Management. 8
   • A. Discuss the impact of Legal factors in Strategic Management 7
   • B. Explain the importance of Environment scanning. 8
   • C. Explain in detail about corporate level strategies. 7
   • D. Explain the various factors that affect Strategic choice. 8
3. Q4 Explain the various Models of Strategy Implementation. 7 marks
   • A. Explain the Nature of Strategic Implementation. 8
   • B. Explain in detail about Gap Analysis. 7
   • C. Explain the importance of Evaluation. 8
4. Q5 Explain the steps in Strategic Control. 7 marks
   • A. Explain the various techniques of Evaluation and control. 8
5. Q5 WRITE SHORT NOTES ON (Any 3) 15 marks
   • A. Note on SWOT Analysis
   • B. Levels of Strategic Management
   • C. Note on Strategic Analysis
   • D. Barriers to Strategy Implementation
   • E. Note on Benchmarking

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