ANTIM PRAHAR

The Most Important Questions

By
Dr. Anand Vyas
1 Explain briefly the Porter’s Five Forces Model and use
it for analyzing competitive environment of any industry
of your choice (Environment Analysis)
2 Describe the GE nine cell matrix technique
used for analyzing corporate portfolio.
3 What is the Strategic Management? Is the Strategic
Management relevant in the backdrop of the uncertainties and
turbulence in business market?

• Strategic management is the process of setting goals, procedures,

and objectives in order to make a company or organization more
competitive. Typically, strategic management looks at effectively
deploying staff and resources to achieve these goals.
•
4 What are important barriers to strategic
evaluation and control?
5 What are the salient features of BCG
Matrix? Explain its implications
6 Explain the concept of Mc Kinsey 7 S
framework with example of any company
McKinsey 7S model identifies seven elements that help organizations
to achieve goals and implement change.
7 Take any industry of your choice. Appraise its
environment by conducting a SWOT analysis
8 Discuss the process of strategic evaluation
and control in details.
9 How is Traditional Approach to Strategic Control different
from Contemporary approach? How does benchmarking play a
role in evaluating strategic performance?

Traditional approaches focus on production, product, selling methods,

and the market, while contemporary approaches focus on
relationships, social awareness, and content.

The "traditional" approach to strategic control is interactive; the

"contemporary" approach to strategic control is sequential. The
traditional approach to strategic control relies on feedback from
performance measurement to strategy formulation.
10 Advantages of differentiation strategy in the present
competitive environment. Explain taking into
consideration its advantages and disadvantages.
Differentiation strategy involves capitalizing on your brand's
uniqueness to gain a competitive advantage in a saturated market.
Your plan might involve offering a low-cost substitute for a popular
product or service, a cheeky digital marketing strategy, or a
combination of features.
11 Distinguish between Vision, Mission and
Objectives.