Strategic Management –The Competitive Edge

UNIT I: Introduction to Strategic Management

1. Explain the significance of strategic management in achieving organizational goals.

2. Discuss the steps involved in the strategic management process with examples.

3. Analyze how the liberalization of the Indian economy in 1991 impacted corporate strategy.

4. Compare corporate strategy with business and functional strategies.

 

UNIT 2: Board of Directors and Top Management

1. Describe the structure and key functions of the Board of Directors in a corporate setting.

2. Explain the strategic role played by top management in shaping the vision of a company.

3. Discuss corporate governance and its influence on strategic decision-making.

4. Analyze the challenges faced by Boards in the Indian context while performing their duties.

 

UNIT 3: Environmental and Internal Scanning

1. Explain the purpose and process of environmental scanning in strategic planning.

2. Differentiate between EFAS and IFAS with suitable examples.

3. How does industry analysis help in identifying strategic opportunities and threats?

4. Describe the value chain model and its application in internal analysis.

 

 

UNIT 4: Strategy Formulation

1. Explain the process of preparing a Strategic Factors Analysis Summary (SFAS).

2. Distinguish between corporate-level strategy and business-level strategy with examples.

3. Evaluate how strategic alternatives are assessed and selected in organizations.

4. Describe the role of functional strategies in the overall strategic framework.

 

UNIT  5: Strategy Implementation

1. Explain how organization structure supports or hinders strategy implementation.

2. Discuss the impact of corporate culture on successful strategy execution.

3. Analyze diversification strategies using real-world company examples.

4. Explain how mergers and acquisitions contribute to strategic growth.

 

 

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