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SMU MBA FALL-2017 Assignments are available. For Booking Kindly mail us on
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DRIVE
Fall 2017
PROGRAM/SEMESTER
MBADS/ MBAFLEX/ MBAHCSN3/ MBA SEM 4
PGDBMN/ PGDENMN/ PGDFMN/ PGDHRMN/ PGDHSMN/ PGDIB/ PGDISMN/ PGDMMN/
PGDOMN/ PGDPMN/PGDROMN/ PGDSCMN/ PGDTQMN SEM 2
SUBJECT CODE & NAME
MB0052- Strategic Management and Business Policy
Q2 Specify the interrelationship between strategic planning and strategic management. Which
comes first?
Explanation of the concepts
Answer: Strategic Planning and Strategic Management
Plan or planning should precede action. And, strategic planning should precede strategic management.
Strategic planning (also called corporate planning) provides the framework (some call it a tool) for all
major decisions of an enterprisedecisions on products, markets, investments and organizational
structure. In a successful
3 What is a mission statement? Differentiate between a mission statement and a vision statement.
Mission Statement
Differences
5 Define corporate turnaround? Distinguish between surgical and nonsurgical turnaround. Explain
with some examples?
Corporate turnaround
Surgical turnaround
nonsurgical turnaround
Answer: Corporate turnaround may be defined as organizational recovery from business decline or crisis.
Business decline for a company means continuous fall in turnover or revenue, eroding profit, or accrual or
accumulation of losses. So, business or organizational decline, like business performance, is understood
in relative terms, that is, compare
6 What are the major characteristics of an effective strategy evaluation system? Analyse these
characteristics.
Explanation of the concepts
Answer:
strategy evaluation and control is an elaborate, and, at times, complex, process. It can also be a sensitive
process because of the human factor involved. Too much or too rigorous evaluation and control may be
expensive and, sometimes counterproductive alsoauthority and flexibility maybe challenged,
minimized or even
Dear Students,
SMU MBA FALL-2017 Assignments are available. For Booking Kindly mail us on
kvsude@gmail.com OR call us to +91 9995105420 or S M S your Email ID us in the
following Format On +91 9995105420 we will reach back you with in 24H