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DRIVE-
Winter 2014
PROGRAM-
Bachelor of Business Administration- BBA
SEMESTER-
2
SUBJECT
CODE & NAME- BBA202: BUSINESS STRATEGY
Q1.
Explain the following
(a)
Functions of Business strategy
(b)
Strategic Analysis
Answer:
a.
Functions of Business
strategy:
Business strategy can be defined
as the process of long range planning for executing ideas into action. You will
also learn why it is important for an organization to have a clear focus on its
strategy for its functioning.
Q2.
Define strategic management. What are the causes for failure of Strategic
Management? (Definition of Strategic Management, Causes for failure of
Strategic Management) 3, 7
Answer:
Definitions
provided by some of the eminent authorities on the subject:
According to Gluek
W F – “Strategic management is a stream of decisions and actions which lead
to the development of an effective strategy or strategies to help achieve
corporate objectives”.
Q3. Write short notes on the following:
a)
Core competencies and their importance
b)
Strategic leadership. 5, 5
Answer: Core
Competencies and their Importance in Strategy Formulation
The term “Core
Competency” has its origin in an article titled “The Core Competence of the
Corporation”, written by C. K. Prahalad and Gary Hamel for the Harvard Business
Review in 1990. In this article, core competency has been defined as “The
collective learning and coordination skills behind the firm's product lines”.
The authors illustrated that the core
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs 125/subject
and rs 625/semester only.
if urgent then call us
on 08791490301, 08273413412
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