2nd
Set
Solved
assignments for Rs.150 each
08627023490
Fall-2013
Master of
Business Administration - MBA Semester 4
MB0052–Strategic
Management and Business Policy-4 Credits
(Book ID:
B1699)
Assignment
(60 Marks)
Note: Answers
for 10 marks questions should be approximately of 400 words. Each question is
followed by evaluation scheme. Each Question carries 10 marks 6 X 10=60.
Q1. Write Short notes on the
following:
(a) Value Chain Analysis.
(b) Corporate Restructuring.
Answer.
(a) A high-level
model of how businesses receive raw materials as input, add value to the
raw materials through various processes, and sell finished products to
customers.
Steps in
Value Chain Analysis:
Value chain
analysis can be broken down into a three sequential steps:
(1) Break
down a market/organisation into its key activities under each of the major
headings in the model;
(2) Assess
the potential for adding value via cost advantage or differentiation, or
identify current activities where a business appears to be at a competitive
disadvantage;
(3)
Determine strategies built around
Q2. Differentiate between mission and
vision of a company? Explain with examples.
Answer. A mission statement is a statement of the purpose of a
company, organization or person, its reason for existing.
The mission
statement should guide the actions of the organization, spell out its overall
goal, provide a path, and guide decision-making. It provides "the
framework or context within which the company's strategies are
formulated." It's like a goal for what the company wants to do for the
world.
Companies,
organizations, schools and other groups, committees and individuals use a broad
range of information, formats and
Q3. Explain in detail Porter’s four
generic strategies.
Answer. Cost Leadership Strategy
This
strategy involves the organisation aiming to be the lowest cost producer and/or
distributor within their industry. The organisation aims to drive cost down for
all production elements from the sourcing of materials, to labour costs. To
achieve cost leadership a business will usually need large scale production so
that they can benefit from "economies of scale". Large scale
production means that the business will need to appeal to a broad part of the
market. For this reason a cost leadership strategy is a
Q4. Differentiate between core
competence and distinctive competence.
Answer. A competency is anything a business does well. A
business may have numerous competencies. For example, an advertising firm might
do a great job of managing internal talent and developing leaders from within.
Or a manufacturing company might be extremely successful in keeping its number
of defects per thousand units produced extremely low.
Core
Competency – a bundle of skills, technologies, and knowledge (including
business processes) which enables an Organisation to (a) provide “real
benefits” to Customers or (b) obtain a significant cost advantage in the
delivery of particular Customer “real benefits’ which its Competitors probably
cannot
Q5. Define the term ‘industry’. List
the types of industries. How do you conduct an industry analysis?
Answer. Industries
The
production side of business activity is referred as industry. It is a business
activity, which is related to the raising, producing, processing or
manufacturing of products.
The products
are consumer's goods as well as producer's goods. Consumer goods are goods,
which are used finally by consumers. E.g.
Q6. Describe the different approaches
to business ethics.
Answer. Business ethics (also corporate ethics ) is a form of
applied ethics or professional ethics that examines ethical principles and
moral or ethical problems that arise in a business environment. It applies to
all aspects of business conduct and is relevant to the conduct of individuals
and entire organizations.
Business
ethics has both normative and descriptive dimensions. As a corporate practice
and a career specialization, the field is
2nd
Set
Solved
assignments for Rs.150 each
08627023490
No comments:
Post a Comment