Question: Strategic Decision Making & Management - Please help me answer and understand the below questions: 1. What is the importance of six macro-economic factors in
Strategic Decision Making & Management - Please help me answer and understand the below questions:
1. What is the importance of six macro-economic factors in strategy formulation? Briefly explain.
2.What is meant by 'strategic groups' and 'mobility barriers'? Why is it difficult for a company operating in one strategic group, to change into/enter into, a different strategic group?
3.What benefits a firm can draw from strategic outsourcing? What factors are to be considered?
4. What is the need for BCG Matrix analysis, before drawing up the Corporate Level strategies? How does it help strategy selection for the SBU?
5. What is vertical integration What are some of the pitfalls of vertical integrator?
6. What are the types of international entry modes? Describe each of them briefly.
7. What is strategic intent? In determining strategy for an organization, clearly explain the path from a Vision Statement, Mission Statement, Busi ness Definition, Business Model, Goals and Objectives.
8.Draw the Porters Five forces model? Briefly describe the relevance of each of the five forces in determining the overall strength of competitive pressures a company faces.
9.Describe briefly how achieving superior efficiency and superior quality contributes to the success at functional level strategic performance?
10.Why corporates go in for horizontal integration as a strategy for growth? What are its advantages? When do you think such a strategy may not result in maximizing profitability?
11.What is global strategic alliance? How and when it could succeed?
12.What is a Balanced Score Card methodology? What t are the 4 perspectives to be balanced, so as to give superior pro-active performance in an organisation? How are these measures superior to the traditional financial standards of performance?
13.Organizational structure design and implementation is very important in the process of strategic control. Explain when functional structure is effective and when we need to move to divisional structure, with suitable examples of companies.
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