The document provides information about getting fully solved assignments from AEREN FOUNDATION for the subject of STRATEGIC MANAGEMENT. It contains 7 questions related to strategic management concepts like mission statements, social responsibility, Porter's generic strategies, SWOT analysis, joint ventures, value chain analysis, franchising and licensing, core competencies and sustained competitive advantage. Students are instructed to attempt any 4 questions out of the 7 and send their semester details to the provided email ID or call the phone number to get assistance with assignments.
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AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724
SUBJECT :STRATEGICMANAGEMENT
Total Marks: 80
N. B.: 1)Attempt any Four Questions
2)All questions carries equal marks.
Answer any Four of the following questions (20 marks each)
Question.1.a) Explain the purpose of a mission statement.
Question. 1. b) Prepare a two-page typewritten mission statement for your company of your
choice or for abusiness school.
Question.1. c) List five potentially vulnerable areas of a firm without a stated company mission.
Answer:
Question.2. Define the term social responsibility. Find an example of a company action that was
legal but notsocially responsible. Give a few Indian example of Indian Firms that have
incorporated Socialresponsibility in their mission and vision statements.
AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-SCHOOL
2. Answer:Social responsibility is an ethical framework which suggests that an entity, be it an
organization or individual, has an obligation to act for the benefit of society at large. Social
responsibility is a duty every individual has to perform so as to maintain a balance between the
economy and the ecosystems. A trade-off may exist between economic development, in the
material sense,andthe welfareof the societyandenvironment,thoughthishasbeen challenged by
manyreportsoverthe pastdecade.Social responsibilitymeanssustaining the equilibrium between
the two. It pertains not only to business organizations but also to everyone whose any action
impactsthe environment.Thisresponsibilitycanbe passive,byavoidingengaginginsociallyharmful
acts, or active, by performing activities that directly advance social goals.
Question.3. What key emerging changes do you see in the global environment andWhat are their
implications for strategy?Why do Company’s diversify?
Answer:Organizations have entered a new era characterized by rapid, dramatic and turbulent
changes.The acceleratedpace of change has transformed how work is performed by employees in
diverse organizations.Changehastrulybecome an inherent and integral part of organizational life.
Several emerging trends are impacting organizational life. Of these emerging trends, five will be
examined:globalization,diversity,flexibility, flat, and networks. These five emerging trends create
tensions for organizational leaders and employees as they go through waves of changes in their
organizations.These tensionspresentopportunitiesaswell as threats, and if these tensions are not
managedwell,theywill result in dysfunctional and dire organizational outcomes at the end of any
change process. These five trends and the specific
Question.4. Explain the relevance and the implication of Porter’s generic strategies and the five
competitiveforces. Can mass customization outdate his generic strategies on an industry
widespread basis?
Answer:
Question.5. Why are Joint Ventures formed? Are they relevant in the current WTO regime? What
are thecharacteristics and strategic issues involved in JV’s and why do they fail?
Answer:
Question.6. Describe the different types of co-operation strategies and illustrate each with
examples. Explainthe utility of the SWOT exercise.
3. Answer:Strength, Weakness, Opportunity, Threat. A SWOT analysis guides you to identify the
positivesandnegativesinsideyour organization(S-W) andoutside of it,inthe externalenvironment
(O-T). Developing a full awareness of your situation can help with both strategic planning and
decision-making.
The SWOT method (which is sometimes called TOWS) was originally developed for business and
industry, but it is equally useful in the work of
Question.7. Write short notes on any 3 of the following :
Question.a. Stakeholder expectations
Answer:Stakeholderscanbe definedasall entitiesthat are impacted through a business running its
operations and conducting other activities related to its existence. The impact can be direct in the
case of the business's customers and suppliers or indirect in the case of the communities in which
the businesschoosestoplace itslocations.Businessesmustconsiderthe needs and expectations of
itsstakeholders,thoughitneednotconsiderthem to be of equal importance. Certain stakeholders
such as owners and investors are more important than others.
Business Stakeholders: Stakeholder is a catch-all
Question.b. The Value Chain
Answer:Toanalyze the specificactivitiesthroughwhichfirmscancreate a competitive advantage, it
isuseful to model the firm as a chain of value-creating activities. Michael Porter identified a set of
interrelatedgenericactivitiescommontoawide range of firms.The resultingmodel is known as the
value chain and is depicted below:
The goal of these activities is to create
4. Question.c. Franchising & Licensing
Answer:For a company looking to expand, franchising and licensing are often appealing business
models. In a franchising model, the franchisee uses another firm's successful business model and
brand name to operate what is effectively an independent branch of the company. The franchiser
maintains a considerable degree of control over the operations and processes used by the
franchisee, but also helps with things like branding and
Question.d. Core competency & sustained competitive advantage
Answer:Core competenciesare the crown jewels of a company and, therefore, should be carefully
nurtured and developed. Companies can determine their future business directions based on the
strengthsof competencies.However,becausegeneralizedterms such as resource, asset, capability,
and competence are not clearly explained in connection with competence theory, these posing
difficultiesinunderstanding many contemporary management concepts. In this paper, the authors
provide a summary of the recent management theories by comparing their salient features. They
then propose a linking mechanism between assets
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
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