Strategic Management Practice Question Paper 1


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strategic management

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Strategic management is a way of setting objectives and figuring out ways to achieve them. Strategic Management’s aim is to keep a continuous eye on the goals and objectives of the organization. It is all about identifying strategies that managers can carry so as to achieve better performance and a competitive advantage for their organization.

Here we present Strategic Management Practice Question Paper 1:

Q.1      Answer the following. (any 2)                                                                                     (15)

  • Define strategic management & explain its features.
  • What do you mean by strategic management model & explain its main components.
  • Suggest the guidelines for effective strategic management.

Q.2      Answer the following. (any 2)                                                                                     (15)

  • Explain in detail the strategic management process.
  • Discuss the role of strategy.
  • Explain the process of strategic choice.

Q.3      Answer the following. (any 2)                                                                                     (15)

  • Explain the issue in production policies & plans.
  • Explain the difference between strategy formation & strategy implementation.
  • Explain the features of strategy implementation.

Q.4      Answer the following. (any 2)                                                                                     (15)

  • Explain the features of strategy evaluation.
  • Explain the benefits of strategy evaluation & control.
  • Explain the participants in strategy evaluation & control.
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We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to contact@bms.co.in.

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