Question 1:
The value chain is a significant tool in strategic management. For illustration, it can be employed by a firm to enhance its cost competitiveness. Discuss and illustrate out the options accessible to the firm to diminish cost while focusing on:
(i) Its own operations
(ii) Its suppliers and
(iii) Its distributors.
Question 2:
Discuss and illustrate out the various kinds of grand strategies which a firm can employ to grow and boost sales. Support your answer with appropriate instances.
Question 3:
Pearce and Robinson propose four (4) kinds of controls to assess and control strategies. Illustrate out each of these kinds of controls.
Question 4:
Write concise notes on following:
a) The Porter’s five forces model
b) Role of the mission statement
c) Defensive strategies