Deus ES STM (3 tours ) ( Total Marks + 100 i : auth ~~ N-B. z (1) Question No.1 is compulsory. 2Y Olt, 2006 (2) Attempt any four questions from Q. Nos. 2 to 7. py (3) All questions carry equal marks. 1. (@) Explain in brief ‘the meaning of the following quotes made by eminent 10 personalities. of reputed organizations : (i) Analysis it the critical point of strategic thinking. (14) Competing in the marketplace is like war. You have injuries and casualties and the best strategy wins. (iii) the greatest mistake that managers make while evaluating their resources is failing to assess them relative to competitors. (iv) Things are always different — the att is to find ost which differences matter. (v) You have no choice but to operate in a world shaped by globalization and the Information Revolution. There are two options : Adapt or die. (b) why is “Setting objectives" an important step in the Strategic Management 5 Process ? Give the difference between financial objectives and strategic objectives along with a suitable example. (c) List any five signs of Competitive Weaknesses and explain them in brief. 5 2. (a) What is the importance of Strategic Vision and Mission statement in 10 strategic management process ? Explain with an examle of each, Explain in brief the characteristics of the five-task process of strategic management. () explain the following types of Strategy giving an example of each : 10 i) Business Strategy, (ii) Corporate strategy. 3. (a) What are strategic implications of the five competitive forces ? Explain 10 the various categories into which the “driving forces" fall in. (b) What is the difference between Competence and Core Competence ? How does 10 Core Competence result in Competitive Capability for a firm? Explain the difference between Core Competence and Distinctive Competence with ‘co example. 2g gene 4, (a) What is "outsourcing" 2 Explain with an exanple ths. various advantages 10 and disadvantages that. rean]t due to 2utsourcing. (b) Explain in brief any five factors to be considered to achieve optimum = benefit by making Strategic Alliances with Foreign Partners, (c) What is the difference between “Unhealthy Culture" and “Adaptive Culture" ? * 5. (a) What is the impact of Internet on the following factors concerned with 8 Competitive Environment ? Explain them in brief + (i) Competitive Rivalry, (414) ° Buyer Bargaining Power, (ii) Barriers to Entry, ~ (iv) Supplier - Seller Collaboration. (b) What is diversification ? What are the factors that signal when it is 3 right time to diversify ? {c) Weite a short note on “Brick and Click strategies. (a) Mhat is a Company Value chain? Why de.the Value Chains of Rival 8 Companies often differ ? Draw a representative Company value chain and explain it in brief. (b) Explain “Merger” and "Acquisition" Strategies in brief. 6 {c) Explain the different strategies for local companies compéting in emerging 6 markets, 7 (a) Explain with a diagram the various factors tha: shape the choice of a 8 company strategy. (©) What do you understand by the term “Key Success Factor" ? Mention any 6 five key success factors of an industry and exrlain them in brief. (c) Explain any four strategic moves in Hatuciny Industries ? What are the 6 strategic pitfalls in such industries ?