Infolink College Hawassa campus

Department of Business Management

Assignment for the course of Strategic Management
NOTE: Write references Submit on time
Present your work Total mark: 30% (situational)
Prepared by: Teame Abadi

Give short and precise answers for the following questions

1. Write the historical background of Strategic Management. Your note

should include trends and major contributors in the field.
2. Compare and contrast business strategy and military strategy.
3. Provide at least 5 definitions of SM by different author. Mention the
name of the Authors.
4. List out different environmental factors for a new entrepreneur who
wants to start a new IT project in the Technology Park. Segregate them
as positive and negative?
5. Explain the following evaluation concepts
A. The Nature of Strategy Evaluation
B. Criteria for Evaluating Strategies
C. The Process of Evaluating Strategies
D. A Strategy – Evaluation framework
E. Auditing
F. What is competitive environment? Discuss the five forces
driving industry competition as given by Porter?
G. Contingency Planning
H. Characteristics of an Effective Evaluation System
6. What is demographic environment of business?
7. Write a short note on micro environment?
8. What do micro and macro environment mean?
9. Discuss the relations between organizations and their external
environment? How organizations strategically respond to their
environment?
10. List and explain benefits of strategic management.

11. In strategic management it is believed that change comes through

implementation and evaluation but not formulation of strategy. Why?

12. Prepare three known mission statements and show whether they
include the nine components in the sample table below.