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Strategic Management Exam 2020 (2 Hour)
Strategic Management Exam 2020 (2 Hour)
Strategic Management
Candidates are allowed to bring two sides of notes on A4 paper. There are
no restrictions on what can be on the notes or if they are typed or
handwritten.
The two sides of A4 must be attached to the answer booklet and handed
in at the end of the examination
TURN OVER
Answer two questions from the list of five questions below. Your answer
should be theoretically grounded and use worked examples.
Answer two questions from the list of five questions below. Your
answer should be theoretically grounded and use worked examples.
For this question students are invited to consider two of the advanced topics
from the module and discuss the connections between them and strategy
making. Answers should include a discussion of what corporate governance
is, and the different approaches to this explored in the module, stakeholder
theory and shareholder value maximization, and the role of elites in
connection to corporate governance. More advanced answers should
discuss how elites and corporate governance arrangements may enable or
constrain strategic choice, and how the aspirations of elites may limit their
strategic choice. Exceptional answers would be expected to incorporate
suitable worked examples and may discuss the role of elites in approaches
such as the design and planning school.
Answers should discuss the core issues of organizational violence and the
unethical approaches to achieving competitive advantage, and what
constitutes a sustained competitive advantage. More advanced answers
may discuss how organizational violence may provide a short-term
competitive advantage, but a sustained competitive advantage may be
illusive. Exceptional answers may discuss the differences between
organizational and individual approaches to organizational violence.