Preview

Past Year Question Strategic Management Uitm

Satisfactory Essays
Open Document
Open Document
283 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Past Year Question Strategic Management Uitm
Jan 2012
Question 1 a) Some strategist argued that one of the most critical, and yet overlook internal implementation factor is a firm’s culture. Define organizational culture and elaborate some importance and impact of culture in strategy implementation.

Apr 2011
Question 2
Discuss the three (3) stages of strategic management process. Which stage in the strategic management process is most difficult? Justify your answer.

Apr 2010
Question 2
Explain the formal strategic management process according to David (2009). Describe the specific steps and relationships between the steps within each process.

Oct 2009
Question 2 a) Compare strategy formulation with strategy implementation in terms of each being an art or science. b) Explain why organizational structure is so important in business today?

Apr 2009
Question 1 b) The strategic management process consists of three (3) main stages. Explain the five ( 5) components in strategy formulation process.
Question 2 a) Explain any five (5) differences between strategy formulation and strategy implementation process.

Oct 2008
Question 2
Successful strategy formulation does not guarantee successful strategy implementation. Therefore many management issues require management attention to ensure the effectiveness of strategy implementation. Identify and discuss any five (5) major issues that relate to strategy implementation phase.
Question 4
According to strategic management model by Fred R. David, the strategy formulation stage comprise of five (5) major steps. Identify and explain the five (5) steps in the strategy formulation process.
Oct 2007
Question 1
Discuss five (5) reasons why strategy evaluation is becoming increasingly difficult with the passage of time.
Oct 2006
Question 1 a) Define strategic management b) Describe the strategic management process. c) List two (2) financial benefits and two (2) nonfinancial benefits of strategic

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The second step in the process is strategy formulation; at this step management will review the information retrieved from the evaluation performed in the first step. Identifying what resources the organizations already has and will need to accomplish the goals and objectives is also part of this step. The team also identifies any potential issues/risk and what possible resolutions could help fix the problems. The organization will specify their expectations and set policies and guidelines to help develop strategies to achieve the organizations overall mission.…

    • 520 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Mgt 498

    • 950 Words
    • 4 Pages

    During this week’s assignments, the authors discussed the primary components of the strategic management process. In order for a company to be successful, the company will need to follow the following components:…

    • 950 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Explain how strategic management and the strategic management process are illustrated in this case. “Strategic management is a process of analyzing the current situation developing appropriate strategies, putting those strategies into action, and evaluating and changing those strategies as needed.” (Coulter, 2013, pg. 5) “The strategic management process implies sequential and interrelated activities leading to some outcome.” (Coulter, 2013, pg. 5) According to the case study MTV has been using a first in market strategy, and that strategy is what is helping them to succeed since they are centered in on several ranges of MTV such as MTV Asia. Latin America, Turkey, Arabia. (Coulter, 2013, pg. 22)…

    • 351 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Study guide exam 1

    • 597 Words
    • 3 Pages

    Strategic Management process – know each of the components – several questions will be asked about each.…

    • 597 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Chipotle

    • 784 Words
    • 4 Pages

    Three key problems and/or issues that management had to address in developing a new strategy + what their solutions were to these problems.…

    • 784 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Identify and describe what it is about strategic plans that make them difficult to implement. Support your argument with an example…

    • 337 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Outline

    • 2115 Words
    • 9 Pages

    This course examines the strategic management process - identifying, formulating, evaluating and implementing viable business strategies. The emphasis is on issues that affect the success of the entire organization. Accordingly, we will view the enterprise as a whole, but will draw upon, and integrate into our analysis, your understanding of the various functional areas of business.…

    • 2115 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Mgt602 Outline

    • 2039 Words
    • 9 Pages

    6. Assess the role(s) of general managers and functional managers in formulating strategic decisions and the organizational processes by which strategies are executed;…

    • 2039 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    Bsbwor501 Final Exam

    • 2177 Words
    • 9 Pages

    2. When managers develop a strategy, what are the four stages according De Wit and Meyer (2010) that shape a firm’s strategy? Remember…

    • 2177 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Final Exam

    • 1295 Words
    • 6 Pages

    3) Strategic management is that set of managerial decisions and actions that determine the long-run performance of a corporation. Which one of the following is NOT one of the basic elements of the strategic management process?…

    • 1295 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    To gain a better understanding of how this management process functions, this paper will discuss some of the main components of the strategic management process, while at the same time illustrating this process importance to a company. In addition to that examination, this paper will also evaluate at least one organization that uses the strategic management process to accomplish their organization’s short-term and long-term goals and objectives.…

    • 679 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Strategic Management

    • 544 Words
    • 3 Pages

    |a. |a set of activities that will assure a sustainable competitive advantage and above-average returns for the firm. |…

    • 544 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Study Guide

    • 10329 Words
    • 42 Pages

    34. (p. 9) According to the text, the strategic management process entails three ongoing processes: A. analysis, actions, and synthesis. B. analysis, decisions, and actions. C. analysis, evaluation, and critique. D. analysis, synthesis, and antithesis.…

    • 10329 Words
    • 42 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Study Guide

    • 2262 Words
    • 10 Pages

    Objectives 1.1 Indicate why a strategic management process is needed. 1.2 Describe the primary components of the strategic management process. 1.3 Explain the relationship of ethics, social responsibility, and corporate performance in strategic planning. Review Ch. 1–3 of Concepts in Strategic…

    • 2262 Words
    • 10 Pages
    Satisfactory Essays
  • Satisfactory Essays

    What role an organizational structure plays in the implementation of strategy of a firm. Explain the interrelationship of strategy and structure. Distinguish between vertical and horizontal differentiation.…

    • 260 Words
    • 2 Pages
    Satisfactory Essays

Related Topics