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Hcb2206:Strategic Management Question Paper

Hcb2206:Strategic Management

Course:Bachelor Of Commerce

Institution: Meru University Of Science And Technology question papers

Exam Year:2012

QUESTION ONE (COMPULSORY (30MARKS)
(a) Briefly explain the importance of the Business organizations functions to the strategic management process. (10Marks) (b) Explain five major characteristics of strategic management. (5Marks) (c) Discuss the major stages in the strategic management process. (10Marks) (d) Referring to the critical questions approach into strategy formulation. Stage five critical questions that an organization need to ask and the expected answer to the same. (5Marks)
QUESTION TWO (20 MARKS)
Discuss the various internal and external factors which affect the business environment in strategy formulation. (20Marks)

QUESTION THREE (20 MARKS)
(i) Discuss the main features of objectives. (10Marks) (ii) Explain with examples three levels of strategy making in an organization (10Marks)
QUESTION FOUR (20 MARKS)
(a) Professor Thomas V. Bonoma of the Harvard Business School suggests that successful implementation of strategies requires four basic types of execution skills. State and explain four execution skills. (12Marks) (b) Discuss the growth strategy as one of the corporate level strategy. (8Marks)
QUESTION FIVE (20 MARKS)
(a) Define strategy review and control (5Marks) (b) Why is strategy review and control necessary as a final stage of strategic management?

(15Marks)

Hcb2206:Strategic Management Question Paper

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