Explain the following terms.
[14 marks]Environmental scanning
[ marks]Standard Cycle Markets
[ marks]Transnational Strategy
[ marks]Synergetic Strategic Alliance
[ marks]Mission Statement
[ marks]Strategic Position and Action Evaluation (SPACE) Matrix
[ marks]Divisional Structure by Process
[ marks]Define strategic management. Why has strategic management become so important in today’s multinational corporations?
[7 marks]Consider a company of your choice in cosmetic industry and discuss the strategic management process for this company.
[7 marks]Consider a company of your choice in automobile industry and discuss the strategic management process for this company.
[7 marks]Discuss various integration strategies with examples from global business.
[7 marks]Carry out 5 forces analysis of an industry. What are the key competitive forces at work in this industry?
[7 marks]Enlist different types of organization structures for strategy execution. Why is it important to change the way an organization is structured for the implementation of strategy?
[7 marks]Construct an External Factor Evaluation (EFE) Matrix with 20 factors for an organization of your choice which deals in international business.
[7 marks]Discuss in detail the strategy evaluation process and the basic activities included in the process.
[7 marks]With examples explain how are core competencies built? Explain the criterias of core competency, which converts it to capability for Sustainable Competitive Advantage?
[7 marks]What are the three international corporate level strategies? How do they differ from one another? What factors lead to their development? Page 1 of
[2 marks]Develop a 2 strengths, 2 weakness, 2 opportunities, 2 threats and strategies Quantitative Strategic Planning Matrix (QSPM) for an organization of your choice in 6 clearly identified steps. You may assume the 2 strategies based on matching stage of strategy formulation analytical framework.
[7 marks]CASE STUDY: ‘COMPNET’ is a leading Indian technology company where Mr. Vandan Parikh is the CEO. COMPNET manufactures state of the art notebook computers with a versatility to use it also as a tablet. Within India COMPNET is a very successful brand because of its uniqueness, comparable prices and excellent after sales service. A Japanese firm named TOKYO SYSTEMS wishes to form alliance with COMPNET. The proposed partnership would involve manufacturing a large portion of these notebook computers (tablets) in Japan using the factories and employees of TOKYO SYSTEMS. This partner insists on using its factories at Japan because they have a worldwide reputation for manufacturing quality products.
[ marks]What are some of the benefits and risk that Mr. Vandan Parikh faces in this relationship as CEO of the leading technology company COMPNET?
[7 marks]How would he manage the relationship over the long term? 0
[7 marks]Does manufacturing in Japan make a difference to COMPNET’s long term competitive advantage? Why?
[7 marks]What are some of the key issue(s) Mr. Vandan Parikh needs to think about when entering this alliance? Page 2 of
[2 marks]