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Business Policy And Strategic Planning Examination Question Paper
Business Policy And Strategic Planning Examination
Course:Diploma In Management (Management)
Institution: question papers
Exam Year:2003
DIPLOMA IN MANAGEMENT, PART II
BUSINESS POLICY AND STRATEGIC PLANNING
INSTRUCTIONS TO CANDIDATES
1.Answer any FOUR of the SIX questions.
2.All questions carry equal marks.
This paper consists of 2 printed pages.
1.(a) Certain changes in the external environments of business organizations demand that managers pay greater attention to the issue of corporate social responsibility.
Highlight such changes in the external environments.(10 marks)
(b) The mission statement of an organization should reflect certain fundamental elements.
Explain these elements.(15 marks)
2.(a) For an organization to survive profitably, it should establish a successful environmental analysis programme based on certain principles.
Describe these principles.(10 marks)
(b) In an analytical decision making process, there are certain steps that strategy managers should follow.
Highlight these steps.(15 marks)
3.(a) In developing its strategy, an organization needs to determine where it is.To do so, it needs to carry out an internal analysis.
Outline the issues that should be considered in such an internal analysis.(10 marks)
(b) The manager, as a corporate entrepreneur, should address certain issues that define the entrepreneurial spirit.
Highlight these issues.(15 marks)
4.(a) Organizational change can create need for internal modifications of various aspects of the organization.
Outline the types of internal modifications that could arise.(10 marks)
(b) Describe the factors that would determine corporate effectiveness of an organization.(15 marks)
5.(a) Some government in Less Developed Countries insist on maintaining some parastatals, even where such parastatals are unprofitable.
Explain the demerits of maintaining such parastatals.(10 marks)
(b) Jim Brown was recently transferred by his American Multinational Company to head a subsidiary in Africa.
Highlight the factors that would make it necessary for him to change the management style from that adopted in the head office(15 marks)
6.(a) Describe the responsibilities of a middle-level manager in an organization.(10 marks)
(b) For a manager to be effective as a strategist, there are certain attributes that he/she should posses.
Highlight these attributes.(15 marks)
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