UNVA & EU Master Business Administration
Business Policy – Individual Assignment
Answer ALL questions. Limit each question to less than 250 words. References made will be awarded extra marks.
How does strategic management typically evolve in a corporation?
What is a learning organization? Is this approach to strategic management better than the more traditional top-down approach?
When is the planning mode of strategic decision making superior to the entrepreneurial and adaptive modes?
What is the relationship between corporate governance and social responsibility?
According to Porter, what factors determine the level of competitive intensity in an industry?
How can value chain analysis help identify a company’s strengths and weaknesses?
In what ways may a corporation’s structure and culture be internal strengths or weaknesses?
hat are the advantages and disadvantages of being the first mover in an industry? Give two examples of first mover and late mover firms. Were they successful?
How does horizontal growth differ from vertical growth as a corporate strategy? From concentric diversification?
When should a corporation or business unit outsource a function or activity?
How does mass customization support a business unit’s competitive strategy?
Is reengineering just another management fad or does it offer something of lasting value?
How is the cellular organization different from the network structure?
What skills should a person have for managing a business unit using a differentiation strategy? Why? What should a company do if no one having these skills is available internally and the company has a policy of promotion only from within?
What are some ways to implement a retrenchment strategy without creating a lot of resentment and conflict with labor unions?
What are some examples of behavior controls? Output controls? Input controls?
What is technology research and how does it differ from market research?
What is the importance of product and process R&D to competitive strategy?
How can a company develop an entrepreneurial culture?
How should a small company engage in environmental scanning? To what aspects of the environment should management pay most attention?
How does being family-owned (as compared to being publicly-owned) affect a firm’s strategic management?
What are the pros and cons of mergers and strategic alliances? Should not-for-profits engage in alliances with business firms?