Strategic Management involves setting goals, analyzing all our internal and external resources, analyzing our external environment and analyzing the stakeholder views. Strategic management also includes financial planning and human resource management. Strategic management is equally important for small scale and large scale businesses. Strategic management means clearly defining the goals for conducting the business operations successfully.
Here we present Strategic Management Practice Question Paper Set 7:
Q.1) What suggestions would you give to make strategic management more effective? – 15 marks
Q.2) Explain the nature, importance and types of corporate objectives. How are they formulated? – 15 marks
Q.3) What is SWOT Analysis? State its advantages. – 15 marks
Q.4) Define and briefly explain the following concepts – only 3 – 15 marks
1) Strategic choice
2) Strategic evaluation
3) Strategic formulation
4) Strategic implementation
5) Strategic analysis
6) Strategic control
Q.5) Write a brief note on any 2: – 15marks
a) Comprehensive analysis
b) Comparative analysis
c) Special purpose techniques
d) Effective Evaluation System
Latest posts by BMS Team (see all)
- Meterdown Annual Festival is back with its 7th edition – Starts today! - January 16, 2020
- Tybms sem 6 results 2019 declared on 19th June 2019 - June 19, 2019
- TYBMS Sem 6 Results 2019 Update from BMS khabri! - June 15, 2019
