Birla Institute of Technology %28BIT Mesra%29 2006 STRATEGIC MANAGEMENT %26 BUSINESS POLICY - Question Paper

Birla Institute of Technology & Science, Pilani

Distance Learning Programmes Division

Second Semester 2006-2007



Mid-Semester Test

(EC-1 Regular)



Course No. : MM ZG611

Course Title : STRATEGIC MANAGEMENT & BUSINESS POLICY

No. of Pages = 1

No. of ques. = four
Nature of examination : Closed Book

Weightage : 40%

Duration : two Hours

Date of examination : 04/02/2007 (FN)

Note:

1. Please follow all the Instructions to Candidates provided on the cover page of the ans book.

2. All parts of a ques. should be answered consecutively. every ans should begin from a fresh page.

3. Mobile phones and computers of any type should not be brought inside the exam hall.

4. Use of any unfair means will outcome in severe disciplinary action.

5. All answers should be analytical, precise yet complete. Verbose, rambling answers will get no credit.

6. Support all your answers with lucid arguments, illustrations and examples wherever applicable.

7. current your answers in a coherent set of lucid, serially numbered points.





Q.1. Elucidate the vital factors you would consider to identify a company’s strategy. (10)



Q.2. “The managerial process of crafting and executing a company’s strategy consists of 5 interrelated and integrated tasks.” discuss them. (10)



Q.3. define the most common driving forces for crafting and executing strategy. (10)



Q.4. Specify and define the 5 competitive strategy approaches propagated by Porter. (10)

Earning:   Approval pending.