University of Medical Sciences & Technology

Faculty of Business Administration

MBA Batch (14)

Strategic Management
Final –Semester (4) Examination

Date: 21/05/2016 Time: 3 Hours

Answer question One and any other Four questions:
Question One
Choose the correct answer and write the number of the question and the letter of the
correct answer in your answer book.
1. Strategic choice involves:
a) Selection of long term objectives and operational strategies.
b) Selection of grand strategies and operational strategies.
c) Selection of long term objective and grand strategies.
2. Monitoring in the context of strategic control refers to:
a) Checking the assumptions of the strategy formulation and implementation.
b) Producing post- strategy implementation reports.
c) Both a) and b)
3. ……………… ……... aims to achieve financial synergy.
a) Conglomerate concentric diversification strategy.
b) Conglomerate unrelated diversification strategy.
c) Both a) and b)
4. To meet strategy implementation requirements, existing policies may:
a) Experience substantial change.
b) Be replaced by new policies
c) Both a) and b)
5. A franchising business strategy represents a market development strategy for
the franchising business:
a) True
b) False

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 6. While an organization mission expresses the wishful state of the organization
in the future, organization vision refers to its main purpose and values.
a) True
b) False
7. A ……………… strategy provides access to new markets and reduce
competition:
a) Vertical integration strategy.
b) Horizontal integration strategy.
c) Neither a) nor b)
8. Operational strategies differ from grand strategies in terms of:
a) Time horizon and specificity.
b) Level of participation
d) Both a) and b)
9. A business strategy clarifies:
a) The long term objectives of the business.
b) The scope of the business operations.
e) Both a) and b)
10.The relationships between a strategy and organizational structure are usually
as follows:
a) Structure follows the strategy.
b) The strategy follows the structure.

Question Two:
Assessing external remote environment of a business plays a critical role in
determining the business strategic position. Explain
Question Three:
The choice of a strategy is a three dimensional process. Explain
Question Four:
Discuss how business portfolio at a corporate level can be managed.
Question Five:
Explain how good formulated strategy should be effectively implemented to ensure
its success.
Question Six:
Write short notes on the following:
1. Company’s internal profile and competencies.
2. Porter’s Five Force Model.
3. Fit vs resource- based approaches to the strategy formulation

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Good luck