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    Sm2016 Group Assignment 1

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    adawit005
    The document provides instruction for a report on strategic management. It outlines 7 parts and a total of 57 questions to address related to key concepts in strategic management, including definitions, frameworks, analysis techniques, formulation, implementation, evaluation and control. References from sources and examples are required. The due date for the report is provided.

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    Sm2016 Group Assignment 1

    Uploaded by

    adawit005
    11 views3 pages
    The document provides instruction for a report on strategic management. It outlines 7 parts and a total of 57 questions to address related to key concepts in strategic management, including definitions, frameworks, analysis techniques, formulation, implementation, evaluation and control. References from sources and examples are required. The due date for the report is provided.

    Original Title

    Sm2016 Group Assignment 1 (2)

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    The document provides instruction for a report on strategic management. It outlines 7 parts and a total of 57 questions to address related to key concepts in strategic management, including definitions, frameworks, analysis techniques, formulation, implementation, evaluation and control. References from sources and examples are required. The due date for the report is provided.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    11 views3 pages

    Sm2016 Group Assignment 1

    Uploaded by

    adawit005
    The document provides instruction for a report on strategic management. It outlines 7 parts and a total of 57 questions to address related to key concepts in strategic management, including definitions, frameworks, analysis techniques, formulation, implementation, evaluation and control. References from sources and examples are required. The due date for the report is provided.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Instruction:-

    Please read the questions and answer carefully.


    You are required to address major points and argue critically (use your
    material, internet sources and other references, while analyzing the practices).
    In your report, you are expected to indicate references (sources).
    Due date: Nov ____/2023

    Question/ Part 1

    1. What is Strategic Management? Provide at least 5 definitions.

    2. What is Strategy ? Provide at least 5 definitions.

    3. Discuss on the 9 Key terms in strategic management with examples.

    4.compare and contrast the Concept of Strategy and Policy 5.compare and

    contrast Strategic thinking Vs Strategic planning

    6.compare and contrast Strategic Plan and Strategic Decision 7.Briefly

    explain Mintzberg 's Approaches to Strategic Decision Making

    8.diagratically show the Levels of Strategies

    9.diagratically show the the Strategic Management Process/stages

    10.Drscribe the Strategic Management: Merits and Demerits

    Question/Part 2

    1.briefly explain business vision statement

    2. What are the characteristics of vision statement

    3.What are the characteristics of vision statement

    4.Provide at least 10 examples of vision statement

    5.briefly explain business mission statement


    6. What are the characteristics of mission statement

    7.What are the characteristics of mission statement

    8.Provide at least 10 examples of mission statement

    9. compare and contrast Objectives and Goals provide example.

    10.Discus on the vale statement.

    Question/Part 3

    1 Clearly explain business Environmental Analysis and Appraisal

    2. Discuss on the Concept of environment

    3.Explain the External Environmental Analysis both general and industry

    analysis

    4. Internal Environmental Analysis and Appraisal(RBV &VRIO)

    5. Techniques of Environmental Scanning

    Question/Part 4

    1.Explain briefly the concert of Strategy Formulation

    2.Distinguish between strategy formulation and strategy planning.

    3.Explain briefly the concert of Strategy Formulation in 3 levels

    4.Explain briefly the concert of Formulation of Corporate Strategy

    5. Write short note on growth/expansion , stability, retrenchment and

    cooperation strategy.

    Question/Part 5:
    1.Discuss on the three broad steps of Porter’s business management strategy as: -
    (I) Michael Porter’s Five Forces Model
    (II) Michael Porter’s Generic Strategy
    (III) Michael Porter’s Value Chain Analysis

    2.Doscus on Formulation of Generic competitive strategy

    3.Doscus on Formulation of functional strategy

    4.Distinguish between Offensive and Defensive Strategy

    Question/Part 6:

    1. Briefly explain Strategy Implementation

    2.Discuss on the Nature of Strategy Implementation

    3.Policy and Annual Objective Formulation

    4.Resource Allocation 5.Restructuring and Re-engineering

    6.compare and contrast Strategy Implementation and Strategy

    formulation.

    Question/Part 7

    1.Write short note on Strategic Evaluation and Control

    2. Why Strategy Evaluating

    3.Describe the Criteria for Evaluation and the Evaluation Process

    4.Explain the Strategic Control Process

    5.Diascuss on the Types of External Controls

    6.Discuss on the monitoring and evaluation

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