Description
TUTOR MARKED ASSIGNMENT
Course Code : MCO – 23
Course Title : Strategic Management
Assignment Code : MCO -23 /TMA/2023-24
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions
1. a) What are objectives? How are they set? State the characteristics of
objectives.
b) Describe the EPRG framework with respect to global business.
(10+10)
2. a) What is competitive strategy? Explain its various dimension.
b) Define Corporate Governance. Explain how effective governance
mechanisms can contribute to improved organizational performance,
stakeholder confidence, and long-term sustainability.
(10+10)
3. Comment briefly on the following statements:
a) “Vision statement should possess different traits in order to be
effective”.
b) “The PESTLE analysis is a valuable framework for analysing and
understanding the external factors”.
c) “Organizations may choose to implement a retrenchment strategy, as a
short term renewal strategy to overcome organisational weaknesses”.
d) “The strategic control process is closely related to strategic planning
process which consists of three phases”.
(4×5)
4. Difference between the following:
a) Strategy and policy
b) Operational control and Strategic control
c) Core values and Core purposes
d) Entrepreneurial and Neo-Scientific
(4×5)
5. Write short notes on the following:
a) Strategic Intent
b) Core Value
c) SWOT Analysis
d) Value chain framework
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