MB0052- Strategic Management and Business Policy Book ID B1699 Credit and Max. 4 credits; 60 marks Marks Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Q. No 1
Questions
What is strategy? Explain the various level of strategy in an organization.
Meaning of strategy Levels
10 10
What is a mission statement? Differentiate between a mission statement and a
vision statement.
What is SWOT analysis? Explain SWOT analysis in the form of a matrix?
Explanation of the concepts
10
4 6
Mission Statement Differences 4
Total Marks 10
4 6
Specify the interrelationship between strategic planning and strategic
management. Which comes first? Explanation of the concepts
Marks
10
10
Define corporate turnaround? Distinguish between surgical and nonsurgical
turnaround. Explain with some examples? Corporate turnaround 4 Surgical turnaround 3 nonsurgical turnaround 3 What are the major characteristics of an effective strategy evaluation system? Analyse these characteristics. 10 Explanation of the concepts