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SMU solve assignment for MB0052- Strategic Management and Business Policy

University: 
SMU
Year: 
2015

SMU solve assignment for MB0052- Strategic Management and Business Policy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        

  1.)What is strategy? Explain some of the major reasons for lack of strategic management in some companies?                  

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Meaning of strategy                                                                                                            

 3
Reasons for lack of Strategic management                                                              

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2.)Explain the following:                                                                                                                                        

10
(a) Core competence
(b) Value chain analysis
(a) Core competence                                                                                                                       

 5
(b) Value chain analysis                                                                                                                

 5

3.)describe in brief the following environmental factors which a business strategist considers:                                

10
(a) Political factors
(b) Technology
(a) Description of Political factors                                                                                                   

5
(b) Description of Technology as an environmental factor                                                        

 5
4.)Write a brief note on Turnaround strategy.                                                                                                

10
Brief note on Turnaround strategy                                                                                                                      

10
5.)Define the term ‘strategic alliance’. What are its characteristics and objectives?                      

10

Definition of the term ‘strategic alliance’                                                                      

 2
Characteristics of strategic alliance                                                                                

 4
Objectives of strategic alliance                                                                                            

4

6.)Write short notes on the following:                                                                                                                

 10
a) Competitive advantage
b) Porter’s Competitive threat model
a) Competitive advantage                                                                                                              

 5
b) Porter’s Competitive threat model (Five Forces model)                                                    

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University:  SMU Year:  2015