II. Answer any 10 questions :

1. Explain why the CEO of a firm should not also be chairperson of the board of directors.

2. Why is matching internal with external factors such an important strategic management activity?

3. Illustrate the strategy formulation framework that includes three stages and nine analytical tools. Which stage and tool do you feel is most important? Why?

4. Develop a Grand Strategy Matrix with two example companies in each quadrant, i.e., companies that you know something about and that you would place in those quadrants.

5. Discuss the characteristics of successful strategists in terms of political factions within the firm.

6. Why is it essential for organizations to segment markets and target particular groups of consumers?

7. List ten dos and donts regarding development of organizational charts.

8. Compare and contrast restructuring and reengineering.

9. List three categories or approaches for conflict resolution.

10. In order of importance, list six symptoms of an ineffective organizational structure.

11. Explain why the functional organizational structure is the most widely used around the world.

12. Illustrate a matrix-type structure for a hospital.

13. List four benefits of having a diverse workforce.

14. How often should an organizations vision or mission be changed, in light of strategy evaluation activities?

15. Do you believe strategic management is more of an art or science? Explain.

16. Do you feel strategic management should be more a top-down or bottom-up process in a firm? Briefly explain your answer.

17. Discuss contingency planning.

18. How often should a firm formally evaluate its strategies?

19. Define and discuss auditing as it relates to strategy evaluation.

20. What are the options for a company for having additional capital ?

21. Explain the meanings of EBIT;EPS;EBT and EAT and where do we use them ?

22. Explain the corporate valuation methods.

23. What does Boston Consulting Group matrix mean ? ?

24. What does matching of structure with strategy mean ?

25. Why is it important to consider work life balance ?

26. Explain the strategy evaluation criteria.

27. Why is strategy evaluation more difficult today ?

28. How can organizational performance be measured ?

29. What does a balanced scorecard mean and what its benefits for strategy management?

30. What are the guidelines for effective strategic management ?