Strategic Management B(Buss 420) Question Paper

Strategic Management B(Buss 420)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS

Instructions:
Answer question one and any other two.

Question one
Discuss the circumstances under which an organization should consider using harvesting strategies.
(10mks)
State and explain the dimensions of strategic decisions.
(10mks)
You have been invited to talk to entrepreneurs on the need to engage in strategic management. Discuss various reasons that you would use to confide them.
(10mks)

Question Two
How has strategic management developed over time?
(10mks)
Indentify and explain common core values adopted in organizations.
(10mks)

Question Three
Illustrate the hierarchy of strategies and explain each level.
(12mks)
Discuss the key areas that a manager should analyse in order to understand the structure of the industry.
(8mks)

Question Four
Discuss the implications of viewing strategic management as a process.
(10mks)
Describe how SWOT analysis can be used by an organization to understand its environment.
(10mks)
Discuss the various corporate strategy alternatives citing examples in each case.
(20mks)

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