Biju Patnaik University of Technology 2010 M.B.A Strategic management and entrepreneurship - Question Paper

6th TRIMESTER EXAINATION-2010
STRATEGIC MANAGEMENT AND ENTREPRENEURSHIP
FULL MARKS-70
TIME- three HOURS
1. ans the subsequent ques. briefly:[2 marks each]
(a) Who is an entrepreneur?
(b) What do you understand by corporate strategy?
(c) What is a balance scoreboard?
(d) elaborate the 5 elements of Porter's five-force theory?
(e) What is the difference ranging from vision and mission?
(f) What is control strategy?
(g) What is special alert control?
(h) What do you understand by resistance to evaluation?
(i) What is understood by joint ventures?
(j) What do you understand by an SBU?

2. What is an EDP(Entrepreneurship Development Program)? How should an EDP be designed to pave the path for budding entrepreneurs? Exemplify your ans.[10]

3. elaborate the methods available for diversification of a business? Under what circumstances the various methods are used. what are your ans with examples from the Indian business scenario.[10]

4. How company resources and capabilities can be better used through environmental scanning and anlysis? provide example to justify your ans.[10]

5. discuss in detail the GE matrices. What do they give for the business?[10]

6. discuss Porter's generic strategies in detail and justify why are they important for gaining competitive advantage?[10]

7. Why is strategic management necessary for any business organisation? elaborate the processess followed in application of strategic management. Use example of any real or hypothetical company to highlight your ans.[10]

8. Write notes on any 2 of the following:[10]
(a) Entrepreneurial motivation
(b) Divestment
(c) Value chain

Earning:   Approval pending.