Multi National Organization Like Tatas Commerce Essay

Published:

Discuss the meaning of ethics. Relate the Ethics and Business. Relate business ethics and the external environment particularly the society. Discuss how the business policy like TATAs help with reference to each of the stakeholders of the business (also how each is benefitted and in reverse it benefits the company) i.e. the shareholder, the customer, the suppliers, the employees, the government and the society at large.

Q.2 (a) Explain Porter's Five Force Model with application in an organization of your

choice.

Ans: Draw the model in the beginning of the answer. Discuss each force individually (the theory) in the first paragraph. In the second paragraph relate the same force with reference to the organization of your choice.

(b) Company 'A' targets to achieve Above Average Returns, and their top

management is in dilemma to select either Input-Output Model or Resource based

Model. As a Manager, which Model would you recommend Company 'A'

MBA. Sem-III Regular Examination January 2011

Subject code: 830001 Subject Name: Strategic Management

Lady using a tablet
Lady using a tablet

Professional

Essay Writers

Lady Using Tablet

Get your grade
or your money back

using our Essay Writing Service!

Essay Writing Service

Q.1 (a) Define Vision, Mission and Purpose, and discuss their importance in Strategic

Management Process.

Ans: Discuss the said terms with hypothetically created examples of the organizations of your choice. Relate the concepts with the concept of above average profit. Show the interrelationships between them and how each is important.

(b) "Ethics are the foundation stone of building an organization". Explain citing an

example of a successful national or multi-national organization like TATAs,

Siemens, L & T etc.

Ans: Discuss the meaning of ethics. Relate the Ethics and Business. Relate business ethics and the external environment particularly the society. Discuss how the business policy like TATAs help with reference to each of the stakeholders of the business (also how each is benefitted and in reverse it benefits the company) i.e. the shareholder, the customer, the suppliers, the employees, the government and the society at large.

Q.2 (a) Explain Porter's Five Force Model with application in an organization of your

choice.

Ans: Draw the model in the beginning of the answer. Discuss each force individually (the theory) in the first paragraph. In the second paragraph relate the same force with reference to the organization of your choice.

(b) Company 'A' targets to achieve Above Average Returns, and their top

management is in dilemma to select either Input-Output Model or Resource based

Model. As a Manager, which Model would you recommend Company 'A'

and Why?

Ans: Discuss the concept of Above average return. Discuss both the model differently in short. Show the importance of Industry , the external environment and the Resources. Justify your position and conclude the answer .

(b) What are the tangible and intangible resources? Why as a decision maker, it is

important to understand the differences between both?

Ans: Discuss both the types of resources in detail with examples. Discuss the importance of both. Both the types of resources are quite different in nature and require different treatment to deal with. Relate both the type of resources with Key Success Factor. Give conclusion.

Q.3 (a) What are capabilities of a firm? What must firms do to create capabilities?

Discuss resources. Discuss how the combinations of resources lead to capabilities. Show how the manager needs to integrate the resources in order to create good capabilities which further can lead to distinctive competencies and which can further lead to core competencies.

(b) What are the four criteria used to determine which of a firm's capabilities are

'Core competencies'? Explain with the help of a Table.

Discuss the four criteria Valuable, Rare, Costly to imitate, Nonsubstitutable.

Q.3 (a) Explain the 'Value Chain Analysis' and its application in a large Retail business like Big Bazaar, Wall Mart, D-Mart etc.

Draw the model of value chain. Discuss each of the parameter individually. Start with primary activities and then move to support activities. When discussing each of the parameter, in the first paragraph, discuss the theoretical concept while in the second paragraph, give proper heading and discuss with relation to the retail store.

Lady using a tablet
Lady using a tablet

Comprehensive

Writing Services

Lady Using Tablet

Plagiarism-free
Always on Time

Marked to Standard

Order Now

(b) "SWOT Analysis is equally vital for Owners, Directors and Managers". Explain

in detail giving an example of a company or your choice.

Draw the model of SWOT analysis. Discuss each parameter individually in the first paragraph and relate with the organization of your choice in the second paragraph. Discuss the importance of it and link the same with owner/managers.

Q.4 (a) Explain Business Level Strategies in brief.

Start your answer by discussing the generic strategies i.e. cost leadership, differentiation and focus. Explain each with suitable example and move on to the business level strategies. Write as per the score allotted and do not over stretch the answer. Provide suitable examples.

(b) Define in brief various strategies namely Diversification, Strategic Alliance, Joint

Ventures, Mergers and Acquisitions.

Explain each of the strategy with related examples and give examples. Also try to differentiate between the terms.

Q.4 (a) Why are acquisition strategies popular amongst CEOs of many large Indian

companies as well as SMEs?

Mention the benefits of acquisition strategy i.e. ready resources, operations, capabilities, suppliers, market etc. Also relate the limitations of starting an organization with acquiring an existing one.

(b) Explain International Business / Corporate Level Strategies.

Explain the International, Multi domestic, global and transnational strategies with examples.

Q.5 (a) What is the effect of Strategic Leadership on determining firm's strategic

direction?

Show the matrix of relationship between the CEO succession and the Top management. By showing the combinations, discuss the impact on the strategic direction all four in detail.

(b) You wish to implement 'Balance Score Card' in your new organization to have

better financial controls and achieve 50% higher performance in the year 2011-12.

Explain this concept.

Draw the model of balanced score card. Assume an organization. Discuss each parameter theoretically. Parallel to that discuss the area of improvement along each parameter. Identify goals and show the roadmap to achieve the same i.e. what kind of improvement in terms of consumers, internal business processes, financial management, and learning of the employee and of the organization as a whole. Provide conclusion.

Q.5 (a) "Corporate Governance is essential to manage the relationship among

stakeholders and to control the performance of an organization". Discuss giving an

example of a company of your choice.

Discuss the meaning of the concept. Choose an organization. Discuss the role of corporate governance along with each of the stakeholders. With this attach a paragraph and dicsuss with reference to a company you have chosen.

(b) "No successful company can grow without fulfilling its Corporate Social

Responsibility". Discuss giving an example of Dell, Boeing, TATA, Reliance,

ESSAR or any listed Indian company.

Discuss the concept of CSR. Relate each of the stakeholders to business and individually discuss their importance. Parallel to this, continuously relate the stakeholder and company activity towards them.

Solved Question Paper

Q1. Answer the following in brief

I/O Model

The concept of the model, the assumptions of the model, Five step process of the model

Draw the figure of showing the five step process of the model

Strategic group mapping

Technique displaying the different competitive positions of the firms with similar competitive approaches and positions in the market

Explain the procedure for constructing a strategic group map and

Discuss the learning (benefits) to a firm with the help of the same.

Component of Internal Analysis

Explain the Resources - Tangible and Intangible, Capabilities, Value creation, Core competencies, Competitive advantage

Corporate governance and Social responsibility

The concept, Issues involving corporate governance, The concept of social responsibility, and the relationship (area of operations) between corporate governance and the CSR.

Q2. (A) Carry out the analysis of external factors for launching new fruit based soft drink in Indian Market

Analyze the Porter's five forces model with reference to the Soft drink market, also discuss the PESTEL factors i.e. Political, Environmental, Sociological, Technological, Environmental and Legal factors. Additionally identify and discuss the resources and the capabilities required to be successful.

Lady using a tablet
Lady using a tablet

This Essay is

a Student's Work

Lady Using Tablet

This essay has been submitted by a student. This is not an example of the work written by our professional essay writers.

Examples of our work

Q.2 (B) Explain the competitive landscapes for the 21st Century

Discuss the impact of Globalization, further march of globalization, technology and technological changes that are taking place, the impact of technology on economy, the information age, Increasing knowledge intensity and finally Strategic Flexibility.

Q.2 (B) How core competencies can build up with help of value chain analysis

Discus value chain analysis. Draw the value chain figure. Examine the areas of advantage of low cost and disadvantages of high cost. Discuss core competencies and relate to the particular area of operations. Finally show and discuss the role of value chain analysis in building the core competency.

Q.3 (A) Explain different types of business unit level strategy in detail with appropriate examples

Discuss the generic strategies: Cost leadership, differentiation and Focus, also discuss the leader strategy, challenger strategy, follower strategy, nicher strategy.

Q.3 (B) Discuss the factors that make alliances strategic

Discuss the factors such as Partner selection, the structure of the alliance, building trust, the internal learning.

Q.4 (A) Explain the components of strategy execution process in detail.

Building a capable organization, allocating resources, establishing strategy supportive policies, instituting best practice for continuous improvement, installing support systems, tying reward to achievement of key strategic targets, shaping corporate culture to fit strategy, exercising strategic leadership

Q. 4 (B) Construct balanced scorecard as a performance measurement tool for the AMC house having multiple products

Draw the Balanced score card figure. Define probable vision and mission. Discuss how the customers see us and what the areas that need improvement. Show the financial goals and the possible way to achieve them. Discuss the area of improvement in terms of internal business operations in sync with the other two parameters. Discuss the employee capabilities and suggest improvement.

Q.4 (A) Discuss the various issues that should be taken care while implementing change.

Consider and discuss the resistance to change, the internal politics, the inward focus of the company while formulating change, and the ethical issues related with the process. Also mention the remedial parts like to ensure proper communication, team building, managing actions and reinforcing the values of successful change.

Q.4 (B) Explain the role of strategic leadership in the process of strategic management.

Discuss the model of strategic leadership and the strategic management process. Discuss the concept i.e. managerial ability, multi functional tasks, and the criteria for effective leadership. Discuss the key strategic leadership actions: strategic intent, exploiting resources, developing human capital, shaping culture.

Q.5 (A) You are required to develop a strategy for Maruti Udyog Limited to enter into south east asian market. You are allowed to take necessary assumptions. Discuss the different issues to be considered to enter into the same market.

Make an assumption as a uniform level of political and legal environments prevail in the countries like Indonesia, Malasiya, Thailand and Philippines. Discuss the Political, Environmental, Sociological, Technological, Ecological and the Legal factors in the same area. Also analyze the Porter's five forces with relation to the overall geographical area. Briefly discuss the competition of their local players and the technological and ecological factors as the moisture levels are quite different. Select one of the generic strategy (cost leadership, differentiation or focus) and develop an execution plan for the same. (Also discuss the resources and competencies in the plan.)

Q.5 (B) Explain the difference between Operational control and Strategic control in brief.

Discuss the basic concept, the objective, time horizons, major concerns, exercise of control and the main techniques and differentiate between both.

Q.5 (A) Formulate an ideal strategy for textile firm having state level operation wanting to expand national level and to enhance exports.

Discuss the environmental scanning of the national level. Discuss the resources and competences of the firm and identify the required resources and possible competencies to compete at the national level. Discuss the possible generic strategy with reference to the potential customer profiling. Also consider the legal and the international factors with the objective of enhancing exports.

Q.5 (B) Discuss the major reasons for the failure of M&A.

Discuss the factors like failure in technology integration, cultural issues, geographical problems, managerial failures, and the financial issues in M&A.

and Why?

Ans: Discuss the concept of Above average return. Discuss both the model differently in short. Show the importance of Industry , the external environment and the Resources. Justify your position and conclude the answer .

(b) What are the tangible and intangible resources? Why as a decision maker, it is

important to understand the differences between both?

Ans: Discuss both the types of resources in detail with examples. Discuss the importance of both. Both the types of resources are quite different in nature and require different treatment to deal with. Relate both the type of resources with Key Success Factor. Give conclusion.

Q.3 (a) What are capabilities of a firm? What must firms do to create capabilities?

Discuss resources. Discuss how the combinations of resources lead to capabilities. Show how the manager needs to integrate the resources in order to create good capabilities which further can lead to distinctive competencies and which can further lead to core competencies.

(b) What are the four criteria used to determine which of a firm's capabilities are

'Core competencies'? Explain with the help of a Table.

Discuss the four criteria Valuable, Rare, Costly to imitate, Nonsubstitutable.

Q.3 (a) Explain the 'Value Chain Analysis' and its application in a large Retail business like Big Bazaar, Wall Mart, D-Mart etc.

Draw the model of value chain. Discuss each of the parameter individually. Start with primary activities and then move to support activities. When discussing each of the parameter, in the first paragraph, discuss the theoretical concept while in the second paragraph, give proper heading and discuss with relation to the retail store.

(b) "SWOT Analysis is equally vital for Owners, Directors and Managers". Explain

in detail giving an example of a company or your choice.

Draw the model of SWOT analysis. Discuss each parameter individually in the first paragraph and relate with the organization of your choice in the second paragraph. Discuss the importance of it and link the same with owner/managers.

Q.4 (a) Explain Business Level Strategies in brief.

Start your answer by discussing the generic strategies i.e. cost leadership, differentiation and focus. Explain each with suitable example and move on to the business level strategies. Write as per the score allotted and do not over stretch the answer. Provide suitable examples.

(b) Define in brief various strategies namely Diversification, Strategic Alliance, Joint

Ventures, Mergers and Acquisitions.

Explain each of the strategy with related examples and give examples. Also try to differentiate between the terms.

Q.4 (a) Why are acquisition strategies popular amongst CEOs of many large Indian

companies as well as SMEs?

Mention the benefits of acquisition strategy i.e. ready resources, operations, capabilities, suppliers, market etc. Also relate the limitations of starting an organization with acquiring an existing one.

(b) Explain International Business / Corporate Level Strategies.

Explain the International, Multi domestic, global and transnational strategies with examples.

Q.5 (a) What is the effect of Strategic Leadership on determining firm's strategic

direction?

Show the matrix of relationship between the CEO succession and the Top management. By showing the combinations, discuss the impact on the strategic direction all four in detail.

(b) You wish to implement 'Balance Score Card' in your new organization to have

better financial controls and achieve 50% higher performance in the year 2011-12.

Explain this concept.

Draw the model of balanced score card. Assume an organization. Discuss each parameter theoretically. Parallel to that discuss the area of improvement along each parameter. Identify goals and show the roadmap to achieve the same i.e. what kind of improvement in terms of consumers, internal business processes, financial management, and learning of the employee and of the organization as a whole. Provide conclusion.

Q.5 (a) "Corporate Governance is essential to manage the relationship among

stakeholders and to control the performance of an organization". Discuss giving an

example of a company of your choice.

Discuss the meaning of the concept. Choose an organization. Discuss the role of corporate governance along with each of the stakeholders. With this attach a paragraph and dicsuss with reference to a company you have chosen.

(b) "No successful company can grow without fulfilling its Corporate Social

Responsibility". Discuss giving an example of Dell, Boeing, TATA, Reliance,

ESSAR or any listed Indian company.

Discuss the concept of CSR. Relate each of the stakeholders to business and individually discuss their importance. Parallel to this, continuously relate the stakeholder and company activity towards them.

Solved Question Paper

Q1. Answer the following in brief

I/O Model

The concept of the model, the assumptions of the model, Five step process of the model

Draw the figure of showing the five step process of the model

Strategic group mapping

Technique displaying the different competitive positions of the firms with similar competitive approaches and positions in the market

Explain the procedure for constructing a strategic group map and

Discuss the learning (benefits) to a firm with the help of the same.

Component of Internal Analysis

Explain the Resources - Tangible and Intangible, Capabilities, Value creation, Core competencies, Competitive advantage

Corporate governance and Social responsibility

The concept, Issues involving corporate governance, The concept of social responsibility, and the relationship (area of operations) between corporate governance and the CSR.

Q2. (A) Carry out the analysis of external factors for launching new fruit based soft drink in Indian Market

Analyze the Porter's five forces model with reference to the Soft drink market, also discuss the PESTEL factors i.e. Political, Environmental, Sociological, Technological, Environmental and Legal factors. Additionally identify and discuss the resources and the capabilities required to be successful.

Q.2 (B) Explain the competitive landscapes for the 21st Century

Discuss the impact of Globalization, further march of globalization, technology and technological changes that are taking place, the impact of technology on economy, the information age, Increasing knowledge intensity and finally Strategic Flexibility.

Q.2 (B) How core competencies can build up with help of value chain analysis

Discus value chain analysis. Draw the value chain figure. Examine the areas of advantage of low cost and disadvantages of high cost. Discuss core competencies and relate to the particular area of operations. Finally show and discuss the role of value chain analysis in building the core competency.

Q.3 (A) Explain different types of business unit level strategy in detail with appropriate examples

Discuss the generic strategies: Cost leadership, differentiation and Focus, also discuss the leader strategy, challenger strategy, follower strategy, nicher strategy.

Q.3 (B) Discuss the factors that make alliances strategic

Discuss the factors such as Partner selection, the structure of the alliance, building trust, the internal learning.

Q.4 (A) Explain the components of strategy execution process in detail.

Building a capable organization, allocating resources, establishing strategy supportive policies, instituting best practice for continuous improvement, installing support systems, tying reward to achievement of key strategic targets, shaping corporate culture to fit strategy, exercising strategic leadership

Q. 4 (B) Construct balanced scorecard as a performance measurement tool for the AMC house having multiple products

Draw the Balanced score card figure. Define probable vision and mission. Discuss how the customers see us and what the areas that need improvement. Show the financial goals and the possible way to achieve them. Discuss the area of improvement in terms of internal business operations in sync with the other two parameters. Discuss the employee capabilities and suggest improvement.

Q.4 (A) Discuss the various issues that should be taken care while implementing change.

Consider and discuss the resistance to change, the internal politics, the inward focus of the company while formulating change, and the ethical issues related with the process. Also mention the remedial parts like to ensure proper communication, team building, managing actions and reinforcing the values of successful change.

Q.4 (B) Explain the role of strategic leadership in the process of strategic management.

Discuss the model of strategic leadership and the strategic management process. Discuss the concept i.e. managerial ability, multi functional tasks, and the criteria for effective leadership. Discuss the key strategic leadership actions: strategic intent, exploiting resources, developing human capital, shaping culture.

Q.5 (A) You are required to develop a strategy for Maruti Udyog Limited to enter into south east asian market. You are allowed to take necessary assumptions. Discuss the different issues to be considered to enter into the same market.

Make an assumption as a uniform level of political and legal environments prevail in the countries like Indonesia, Malasiya, Thailand and Philippines. Discuss the Political, Environmental, Sociological, Technological, Ecological and the Legal factors in the same area. Also analyze the Porter's five forces with relation to the overall geographical area. Briefly discuss the competition of their local players and the technological and ecological factors as the moisture levels are quite different. Select one of the generic strategy (cost leadership, differentiation or focus) and develop an execution plan for the same. (Also discuss the resources and competencies in the plan.)

Q.5 (B) Explain the difference between Operational control and Strategic control in brief.

Discuss the basic concept, the objective, time horizons, major concerns, exercise of control and the main techniques and differentiate between both.

Q.5 (A) Formulate an ideal strategy for textile firm having state level operation wanting to expand national level and to enhance exports.

Discuss the environmental scanning of the national level. Discuss the resources and competences of the firm and identify the required resources and possible competencies to compete at the national level. Discuss the possible generic strategy with reference to the potential customer profiling. Also consider the legal and the international factors with the objective of enhancing exports.

Q.5 (B) Discuss the major reasons for the failure of M&A.

Discuss the factors like failure in technology integration, cultural issues, geographical problems, managerial failures, and the financial issues in M&A.