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Group Assignment of STM

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0% found this document useful (0 votes)
15 views1 page

Group Assignment of STM

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Uploaded by

gudataa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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ADDIS ABABA MEDICAL AND BUSINESS COLLEGE

POST GARADUATE STUDIES


MBA PROGRAM-PIASSA CAMPUS
COURSE: BUSINESS POLICY AND STRATEGY
GROUP ASSIGNMENT (20%)
Instructions:
 Answer each question accordingly
 Correct, neat and well explained answers will earn good result

1. Suppose you are the Managing Director of an organization. Your organization is running into
losses due to poor management and decision-making. How will you analyze the situation and
move your organization out of the situation?
2. Have you ever challenged, shaken old work methods? What problems did you encounter? Did
you overcome them? How? If no, what were the reasons for their being insurmountable?
3. With reference to a day's work, what steps do you take to organize and prioritize your tasks?
4. Outline in very broad terms how you would create a strategy for say, a public interest
campaign.
5. Explain the stages of strategic management by taking one organization as an example.
7. Suppose you are the CEO of an organization that has just launched an I-pod to give
competition to Apple and Sony. What will be the key considerations while developing your
8. Given the vision, as the new Director, what ideas would you want to implement to achieve the
vision?
10. Discuss a time when you established a vision for your team. What process was used? Were
others involved in setting the vision? How did the vision contribute to the functioning of the
unit?
11. "Employees have a greater role to play in formulating strategy". Comment.
12. "Small business' success solely depends upon its strategy formulation approach". To what
extent does this statement hold good?
13. Do non-profit organizations benefit from strategy formulation? Why/why not?
14. When is a good time to formulate strategy? Explain with reasons according to your
understanding.
15. Do you think business vision should be reviewed and upgraded after every few years? Justify
your answer by giving suitable arguments.

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