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Dpba 021: Strategic Management 1 Question Paper

Dpba 021: Strategic Management 1

Course:Strategic Management

Institution: Kenya Methodist University question papers

Exam Year:2008

KENYA METHODIST UNIVERSITY

END OF FIRST TRIMESTER 2008 EXAMINATION

FACULTY : BUSINESS AND MANAGEMENT STUDIES
DEPARTMENT : BUSINESS ADMINISTRATION
COURSE CODE : DPBA 021
COURSE TITLE : STRATEGIC MANAGEMENT 1
TIME : 2 HOURS

INSTRUCTIONS
• Answer THREE Questions

Question 1
a) List and explain any four major components of the strategic plan. (12marks)

b) Highlight four environmental factors that any organization may consider as part of its strategic analysis. (8marks)

Question 2
a) Explain the process of strategy formulation. (12marks)

b) Highlight any four organizational factors that may slow down the implementation of a strategy. (12marks)

Question 3
a) Explain any four roles of a manager in the process of strategic management.
(8marks)
b) Discuss the relevance of strategic management in organizations today. (12marks)

Question 4
a) Revisit the five forces advanced by Porter in regard to strategic formulation/direction.
(10marks)

b) Suggest any four ways that are available to organizations seeking strategic directions that give them a competitive advantage, point out any relevant Kenyan examples that you know. (10marks)

Question 5
a) Highlight five ways through which an organization may evaluate the success of its strategic direction. (10marks)

b) Explain four ways in which organizations ensure commitment to it’s strategic mission.
(10marks)

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