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PROGRAM
Master of Business Administration –
MBA
SEMESTER
IV
SUBJECT CODE & NAME
MB0052
Strategic Management and Business
Policy
Qus:1
What do you mean by Strategic Management Process (SMP)? Explain the three
levels in Strategic Management Process.
Answer: The strategic management process consists of four distinct
steps or stages:
(a) Defining organizational mission,
objectives or goals
(b) Formulation of
strategy/strategic plan
(c)
Qus:2
Write short notes on Corporate Governance and Strategic
Audit.
Answer: We will now define corporate governance. Often, corporate
governance is equated with corporate management, which is not correct. As has
been pointed out above, corporate governance is
Qus:3 Explain the major
environmental factors a business strategist should consider while formulating
business strategies.
Answer: All these and many other such cases point to an important
facet of business— sensitivity of strategy to the external environment. The
major environmental factors a business strategist should rec
Qus:4
Explain Corporate Restructuring using examples.
Answer: Corporate restructuring means organizational change to
create a more efficient or profitable enterprise. Similar terms which are used
for ‘restructuring’ are ‘revamping’, ‘regrouping’, ‘rationalization’ or
‘consolidation’.
Corporate restructuring has
Qus:5
Explain Michael E Porter’s Competitive Threat Model with suitable examples.
Answer: A vital task of a strategist is to anticipate and/or
recognize the nature of competition and potential threat from competitors and
to develop appropriate response strategies. The most difficult task in this is
to properly assess the magnitude of existing competition and correctly foresee
the threat from new and emerging competitors. Porter (1980) in his
Qus:6
Explain whether Leadership style is Portable? Also explain the leadership Role
of Top Management.
Answer: Nohria and others (2006) have researched on a very
interesting subject: Is leadership or leadership style portable? Or, to put it
in another way: Will a leader, successful in one organization, be necessarily successful
in another company?
The authors studied job
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DRIVE
WINTER 2017
PROGRAM
Master of Business Administration-
MBA
SEMESTER
Semester 4
SUBJECT CODE & NAME
MB0053 –International
Business Management
Q.1
Define international Business? What are the various factors affecting
international Business?
Definition
international Business
Answer-Various
factors affecting international Business
International
business can be defined as any business that crosses the national borders of a
country. It includes importing and exporting; international movement of goods,
services, employees, technology, licensing, and franchising of intellectual
property (trademarks, patents, copyright and so on
Q.2
Explain detail structure of WTO with diagram?
Structure
of WTO with Diagram.
Answer-
WTO
WTO
was established on 1st January 1995. In April 1994, the Final Act was signed at
a meeting in Marrakesh, Morocco. The Marrakesh Declaration of 15th April 1994
was formed to strengthen the world economy that would lead to better
investment, trade, income growth and employment throughout
Q.3
Write a short note on international regulatory bodies.
European
Union
United
nations
OECD
IASC
IFA
Answer- European Union
European
Union is pro-active in the harmonisation process. European Commission sets
directives, which are orders to the member countries, to bring their laws
inline with EU needs, within some transition
Q.4 What are the four methods of
payment for the international Transactions?
Payment Methods
Since
international trade deals with exchange of goods, there are various ways in
which the payment terms (finance) will be handled. Bothe seller and trader
should be careful about the method of payment as they are at different
locations and transactions happen without face-to-
Q.5 Explain in detail about short
term credit and long term credit.
Short term credit
long term credit
Answer-
Short term credit
The
short term credit is provided in the form of pre-shipment and
postshipmentfinance. This can be provided by the commercial banks that are
authorised dealers in the foreign exchange. Short term credits are covered by
RBI and provide credits at lower rate of interest. In relation to this type of
credit, there are two
Q.6 What are the various advantages
of global sourcing?
Advantages of Global sourcing
Answer-
Advantages of Global Sourcing
As
business operations diversified in the global production chain due to
globalization, companies have to evaluate their choices, decisions and strategy
for outsourcing different components at a cost effective level from all around
the world. Outsourcing offers several advantages as different countries are
endowed with different natural, physical and demographic resources.
Multinationals spread their production to low cost, developing countries.
Business operations are
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