Write a note on a) role of

Stakeholders in business b)
Corporate Governance
Principles
& Objectives.
Write a note on a) role of
Stakeholders in business b)
Corporate Governance
Principles
& Objectives.
Unit – 1
1. Explain with examples of the importance of vision and mission statements in strategic
management.
Own Answer and Photo

2. Explain the CSR practices in the Indian industry.

Why should business be socially responsible?
 Public image
 Government Regulation
 Survival and growth
 Employee satisfaction
 Consumer Awareness
Social Responsibility towards different Interest groups:
 Responsibility towards owners
 Responsibility towards Investors
 Responsibility towards employees
 Responsibility towards customers
  Responsibility towards competitors
 Responsibility towards suppliers
 Responsibility towards Government
 Responsibility towards society

3. Explain in detail about strategic management process. Give an example.

Types of Strategic Management:
 Strategic Advantage
 Organizational Capability
 Organizational Resources
 Organizational Behavior
Characteristics of Objectives for Strategic Management:
 Objectives should be Understandable
 Objectives should be Concrete and Specific
 Objectives should be related to a timeframe
 Objectives should be measurable and Controllable
 Objectives should be Challenging

4. Write a note on a) the role of Stakeholders in business and b) Corporate Governance Principles
& Objectives.
Types of Stakeholders
Internal Stakeholders:
 Shareholders Managers
 Employees Distributors
External Stakeholders:
 Customers
 Suppliers
 Government
 Banks or Creditors
 Trade Union
 Mass Media.
And Photo.

Corporate Governance Principles:

 Corporate Governance and Strategic Intense
 Corporate Governance and Strategic Implementation
 Corporate Governance and Strategic formulation
 Corporate Governance and Strategic Evaluation

5. Explain the strategy formation process. State its goals and objectives. State the different levels
of strategy with examples.
Steps in the Strategic Formation Process:
 Existing Business Model
 Vision and Mission
 External Analysis
 Internal Analysis
 SWOT Analysis
  Functional-Level Strategies
 Business-level strategies
 Global-level Strategies
 Corporate-level Strategies

Unit – 2
1. Enumerate Porter’s five force model. Give an example
 Risk of Potential Competitors
 Bargaining Power of Suppliers
 Bargaining Power of Buyer
 Intensity of established firms
 Threat of substitutes

2. Explain the following a) steps of industry life cycle analysis and b) Globalization implications.
 Embryonic Stage
 Growth Stage
 Industry Shakeout
 Maturity Stage
 Declining Stage

3. Explain the roots and durability of competitive advantage.

Roots:
 Intensity of Rivalry
 Factor Conditions
 Local demand Conditions
 Supporting Industries.
Durability:
 Barriers to Imitation.
 Capability of Competitors.
 General Dynamism of the Industry Environment.

4. Explain the building block of competitive advantage. How to sustain it by avoiding failure?
 Superior Quality
 Superior Efficiency
 Superior Customer Responsiveness
 Superior Innovation
 Competitive Advantage
 Low Cost
 Differentiation
Steps to Avoid Failure:
 Focus on building blocks of competitive advantage
 Continuous Improvement and learning
 Best Industrial Practice and Benchmarking
 Overcome Inertia

5. Write a note on the external environment. Discuss about factors affecting it.
Unit – 4
1. Explain the types of organization structure
 Functional structure
 Divisional structure
 Matrix structure.
 Flat structure.
 Network structure.
 Team structure.
 Hybrid structure.
2. Explain resource allocation in detail.
Resource allocations Issues:
 Time to Market issues
 Technology Sourcing
 Technology Competence
 Strategy Implementation
 Innovative Culture
 Corporate Entrepreneurship

3. Explain various techniques of strategic evaluation and control.

Types of strategic controls:
 Premise control
 Implementation control
 Strategic Surveillance Control
 Special Alert Control

Techniques of Strategic Evaluation and Control:

There are few methods of strategic evaluation and control:
 Strategic momentum control
 Strategic leap control
 Strategic Issue Management
 Strategic field Analysis
 System Modeling

Unit – 5
1. Discuss the strategic issues of non-profit organizations.