1. The document contains instructions for two problem-based learning assignments (PBL 1 and PBL 2) related to a strategic management course. PBL 1 involves answering questions about SWOT analysis, strategic management processes, and sources of competitive advantage. PBL 2 involves completing true/false and multiple choice questions about the strategic management process and stakeholder analysis.
2. Students are instructed to type their answers in a Word document and upload it by a specified due date. The questions cover topics like the definition of strategic management, characteristics of sustainable competitive advantages, and elements of the strategic management process and stakeholder analysis.
3. Answers are to be provided for questions about internal/external analysis, strategic thinking, stake
1. The document contains instructions for two problem-based learning assignments (PBL 1 and PBL 2) related to a strategic management course. PBL 1 involves answering questions about SWOT analysis, strategic management processes, and sources of competitive advantage. PBL 2 involves completing true/false and multiple choice questions about the strategic management process and stakeholder analysis.
2. Students are instructed to type their answers in a Word document and upload it by a specified due date. The questions cover topics like the definition of strategic management, characteristics of sustainable competitive advantages, and elements of the strategic management process and stakeholder analysis.
3. Answers are to be provided for questions about internal/external analysis, strategic thinking, stake
1. The document contains instructions for two problem-based learning assignments (PBL 1 and PBL 2) related to a strategic management course. PBL 1 involves answering questions about SWOT analysis, strategic management processes, and sources of competitive advantage. PBL 2 involves completing true/false and multiple choice questions about the strategic management process and stakeholder analysis.
2. Students are instructed to type their answers in a Word document and upload it by a specified due date. The questions cover topics like the definition of strategic management, characteristics of sustainable competitive advantages, and elements of the strategic management process and stakeholder analysis.
3. Answers are to be provided for questions about internal/external analysis, strategic thinking, stake
1. The document contains instructions for two problem-based learning assignments (PBL 1 and PBL 2) related to a strategic management course. PBL 1 involves answering questions about SWOT analysis, strategic management processes, and sources of competitive advantage. PBL 2 involves completing true/false and multiple choice questions about the strategic management process and stakeholder analysis.
2. Students are instructed to type their answers in a Word document and upload it by a specified due date. The questions cover topics like the definition of strategic management, characteristics of sustainable competitive advantages, and elements of the strategic management process and stakeholder analysis.
3. Answers are to be provided for questions about internal/external analysis, strategic thinking, stake
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SGDU 5074 STRATEGIC MANAGEMENT IN EDUCATION
PROBLEM BASED LEARNING 1 & 2
ROZAIMI BIN RAMLI 821200 PROBLEM BASED LEARNING 1 (PBL 1) Answer all questions: 1. Define strengths, weaknesses, opportunities, and threats. How do strengths become sources of sustainable competitive advantage? 2. What is strategic management? Describe the strategic management process in a institution with which you are familiar? 3. What are the essential characteristics of a resource or capability that leads to a sustainable competitive advantage? Please explain. 4. What is strategic thinking? What are its characteristics?
Instructions: 1. Times Roman 12 2. 1.5 spacing 3. Answer of each question. (Not more than two pages). 4. Upload in the portal
Due: 20 June 2016.
PROBLEM BASED LEARNING 2 (PBL 2) Answer all questions: 1. Question: True or False: 1 9. Type your answer T or F only 2. Question: Multiple Questions: 1-13. Type Answers only A-E. 3. Type all the answer in a new Ms word Page and Upload as PBL 2
The Strategic Management Process
TRUE/FALSE QUESTIONS (T/F) 1. Strategic management includes a process by which organizations analyze and learn from their internal and external environments. Answer: T 2. External stakeholders are groups or individuals outside the organization that have a particular interest in and a major impact on the organization. Answer: T 3. Strategic management begins with the creation and execution of strategies, followed by the definition of goals that can be met by following these strategies. Answer: F 4. Enactment is the process of influencing the environment through strategic actions. Answer: T 5. Adaptation is the process associated with attempting to control the environment to make it less hostile and more conducive to organizational success. Answer: T 6. Environmental determinism is the view that good management is associated with determining which strategy will best fit the environment and then carrying it out. Answer: T 7. Unless an internal capability or resource is costly or difficult to imitate by competitors, the capability or resource is unlikely to lead to a sustainable competitive advantage. Answer: T 8. Stakeholder analysis includes identifying and prioritizing key stakeholders. Answer: T 9. Strategic thinking deals with the rigid and systematic parts of the strategic management process. Answer: T MULTIPLE CHOICE QUESTIONS 1. Strategic management includes the following: A. Establishment of strategic direction B. Implementation of strategies C. Analysis of the internal environment D. Strategic restructuring E. All of these are true Answer: E 2. Which of the following is not a stakeholder of an organization? A. Employees B. Stockholders C. Customers D. Competitors E. These are all stakeholders. None of the above answers is correct. Answer: D 3. Which of the following is not a major activity of the strategic management process? A. Analysis of the internal and external environments B. Establishment of strategic direction C. Formulation of strategies D. Production scheduling E. Implementation of strategies Answer: D 4. An organizations environment typically: A. Consists only of employees and managers B. Includes all groups and individuals that are significantly influenced by or have a major impact on the organization C. Includes only stockholders D. Consists only of competitors, suppliers, and customers E. Reflects only owners, customers, and competitors Answer: B 5. Which of the following is a part of an organizations broad environment? A. Society B. Employees C. Managers D. Stockholders E. Board of directors Answer: A 6. All of the following are members of an organizations task environment except: A. Activist groups B. Managers C. Suppliers D. Financial intermediaries E. Local communities Answer: A 7. Opportunities: A. Allow a firm to take advantage of organizational strengths, overcome weaknesses, or neutralize threats B. Are the same for all firms in an industry C. Are related only to new customers and new markets D. Are a firms resources and capabilities E. None of these Answer: A 8. Threats: A. Come only from the broad environment B. Typically cannot be overcome C. Can stand in the way of organizational competitiveness and stakeholder satisfaction D. Are generally the result of moving too slowly against competitors E. None of these Answer: C 9. In a SWOT analysis, a strength: A. Leads to overconfidence on the part of top managers B. Cannot be duplicated by competitors C. Is a condition in the broad or task environment that can allow a firm to overcome organizational weaknesses D. Is an internal capability or resource that may lead to a competitive advantage E. Both C and D are correct Answer: E 10. In a SWOT analysis, an organizational weakness can be: A. Something an organization does not do well B. An important resource that an organization does not possess C. Either deliberate or emergent D. A sustainable competitive advantage E. Both A and B are correct Answer: E 11. Managing for stakeholders means: A. More resources are allocated to satisfy stakeholders than would be necessary merely to retain their participation in the productive activities of the firm B. Stakeholders such as customers and suppliers manage portions of the firm C. Firms that treat their stakeholders well will have higher risk but also higher returns D. Firms should treat their stakeholders well because it is the right thing to do even if it means losing money E. Both A and C are true Answer: E 12. The advantages of managing for stakeholders include: A. Fewer negative responses from stakeholders such as legal suits or boycotts B. Stakeholders often reciprocate C. An excellent reputation D. Increased strategic flexibility E: All of these Answer: E 13. Which of the following is not an element of stakeholder analysis? A. Identifying stakeholders B. Financially motivating stakeholders C. Prioritizing stakeholders D. Assessing stakeholder needs and collecting ideas from stakeholders E. Integrating knowledge about stakeholders into the strategic management process Answer: B