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Introduction To Strategic Management(Buss 042) Question Paper

Introduction To Strategic Management(Buss 042)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS

INSTRUCTIONS
Question One Compulsory
Differentiate between strategic decisions made by profit and non-profit organizations
(10 marks)
What are the reasons why most small micro enterprises do not practice strategic management?
(10 marks)
Explain factors that signal the need to change a mission statement.
(10 marks)

Question Two
Liberation and globalization are unnecessary evils that no country should allow anywhere near their boundaries. Discuss (20 Marks)

Question Three
Discuss the importance of using existing executives to implement a new strategy
(10 Marks)
What are the limitations or criticisms of mission statements
(10 Marks)

Question Four
Discuss the role of Boards of Directors in organizations (20 marks)

Question Five
Describe Porter’s tool on industry analysis.
(10 marks)
Carry out a SWOT analysis of Kenya Methodist University.
(10 marks)

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