University of Mumbai 2008 M.Com Accounting and Finance (Part I) , (17-10-) Business Policy and Strategic Management (Old ) - Question Paper

M.Com (Part I) Examination, October 2008 (17-10-2008)
Business Policy and Strategic Management (Old Course)

Con.4035 &(a)-08.
Paper Code: AN-1279 to 1280
Marks: 100
Time: 03 Hr.

N. B.
1) Attempt any 2 ques. from every part.
2) Use the identical ans book for both the parts.
3) Deceptive subject-matter shall be treated as unfair means.
4) The old course ques. paper for the repeaters of I.D.E.



part – I


1.
a) “Business Policy is the comprehensive approach towards every aspect of management”. discuss the significance and influence of policy on the business world, in the light of this statement. (12 Marks)

b) elaborate the determinants of and constraints on the formulation? (13 Marks)


2.
a) How does strategic management differ from the traditional management? (12 Marks)

b) Bring out clearly, the sensitive and responsive relationship ranging from business and its environment. (13 Marks)


3.
a) “Modernization in every respect is a ‘must’ to survive in the global competition”. discuss. (13 Marks)

b) elaborate the benefits of diversification? What strategies are employed to attain it? (12 Marks)


4. Write notes on (any two):- (25 Marks)

a) Divestment Strategy

b) ‘SWOT’ analysis.

c) Turnaround

d) Corporate Portfolio Analysis.


part – II


5. explain the process of management of change. Why the change is resisted? How can the management deal with this issue in a ‘win-win’ position? (25 Marks)


6.
a) What is meant by resource mobalisation and allocation? (12 Marks)

b) explain the importance of structure implementation. explain any 2 structure mechanisms used in strategy implementation. (13 Marks)


7.
a) “Ethics and economics meet only in ideology and not in actually”. Is it true? (13 Marks)

b) discuss the role of leadership in strategy implementation. (12 Marks)

8. Write notes on (any two):- (25 Marks)

a) Mission of Business as a social system

b) Strategic control

c) Importance of case-study

d) PERT and CPM.

Earning:   Approval pending.