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ASSIGNMENT
Course Code : Ms - 91
Course Title : Advanced Strategic Management
Assignment Code : MS-91/TMA/SEM-II/2016
Coverage : All Blocks
Note: Attempt all questions and submit the
assignment on or before 31st October, 2016 to the coordinator of
your study centre.
Question.1.
a) Define corporate planning. Describe the process of corporate planning in
detail.
Answer:Corporate planning is a process used by businesses to map out a course of
action that will result in revenue growth and increased profits. Although large
corporations may have staff members -- or entire departments -- devoted to
performing the planning function, small business owners can become proficient
through learning basic concepts and putting forth the effort necessary to
create a comprehensive plan.
Process: Effective planning requires gathering data about the projected growth of
the industry and information about competitors -- their strengths, weaknesses
b)
what are the implementation issues involved in corporate planning?
Answer:When implementing a planning process in a small business there are likely
to be additional implementation problems beyond those experienced in larger
companies. Here are some solutions for
the problems that small companies are likely to face.
Question.2.
Writea note on the importance of Governmentinitiatives to boost good
corporateGovernance
Answer:Corporate governance, in plain terms, refers to the rules, processes, or
laws by which businesses are operated, regulated, and controlled. The term can
refer to internal factors defined by the officers, stockholders or constitution
of a corporation, as well as to external forces such as consumer groups,
clients, and government regulations.
Question.3.
Discuss various market structures and their impact on competition.
Answer:There are several market structures in which firms can operate. The type
of structure influences the firm’s behaviour, whether it is efficient, and the
level of profits it can generate.
Neo-classical theory of the firm
distinguishes a number of market structures, each with its own characteristics
and assumptions.
The structure of a market refers to the
number of firms
Question.4.
Briefly discuss e-business and the steps involved in formulating an e-business
plan.
Answer:Strategy formulation refers to the process of choosing the most
appropriate course of action for the realization of organizational goals and
objectives and thereby achieving the organizational vision. The process of
strategy formulation basically involves six main steps. Though these steps do
not follow a rigid chronological order, however they are very rational and can
be easily followed in this order.
Question.5.
Present couple of cases / applications of KnowledgeManagement (KM) and discuss
theKM architecture adopted in those applications. Do you believe that KM can
improvecompetitiveness of a firm? Give reasons.
Answer:Business and economic theory is increasingly concerned with the role of
organizational knowledge. As a source of economic success, knowledge is
increasingly seen as having displaced traditional factors of production in the
post-Fordist economy (Drucker,1995) . Knowledge management (KM) is arguably the
strategic concern for many firms (Nonaka& Takeuchi 1995). Those who fail to
understand this may not survive at all (Fappaolo and Koulopoulos, 2000) .
Despite such warnings KM has so far been
little studied in the context of facilities despite a theoretical proposition
that it is one future (Nutt,2000) or
Question.6.
a) Describe the nature of corporate philanthropy citing examples.
Answer:Corporate philanthropy is in decline. Charitable contributions by U.S.
companies fell 14.5 % in real dollars last year, and over the last 15 years,
corporate giving as a percentage of profits has dropped by 50 % . The reasons
are not hard to understand. Executives increasingly see themselves in a no-win
situation, caught between critics demanding ever higher levels of “corporate
social responsibility” and investors applying relentless pressure to maximize
short-term profits. Giving more does not satisfy the critics—the more companies
donate
b)
write a note on ethics of consumerproduction and marketing.
Answer:In the market approach to consumer protection, consumer safety is seen as
a good that is most efficiently provided through the mechanism of the free
market whereby sellers must respond to consumer demands. If consumers want
products to be safer, they will indicate this preference in market by willingly
paying more for the safer products and showing a preference for manufacturers
of safer products while turning down the goods of manufacturers of unsafe
products Market approach to Consumer Protection
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
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