Direct to end users signifies that the services and the products will be available directly, on demand to the end user. Question 7. 18) “Structure follows strategy” Critically examine the statement, 19) Explain the role of leadership in strategic management. To compete with the best companies around the brand strategy need to be strong and it should have very close prospective customers. 34) What is the need and importance of innovation and creativity in business? 39) Illustrate and explain BCG matrix. Strategy implementation and execution means putting the strategy into place and getting individuals and organizational subunits to go all out in executing their tasks in the next step. 37) What are the various tools that can be used for controlling strategy? What is the rationale of strategic alliance? How Is Strategy Formulation Process Referred Sometimes? Why do such alliances fail? Answer : • it is a combination of strategy formulation and strategy implementation; • it is the highest level of managerial activity; • it is performed by an organization’s CEO (Chief Executive Officer) and executive team; Question 9. This pricing is having many short and long term factors. Question 29. Explain its utility in strategic management. Anna University BA7302 Strategic Management Syllabus Notes 2 marks with answer is provided below. 35) Enumerate various environmental components that affect the management of an organization TYBMS Sem 6 Results 2019 Update from BMS khabri! - Listing the needs of the customers and giving them what they need. It brings the competitive edge as well as value proposition in the market and allows the company to grow more. 14) Product life cycle matrix - Making a stronger strategy to bring more users by giving them competitive analysis. - Understanding the need and delivering it according to the market programs to maximize the profit and the revenue. Give suitable examples “Joint Ventures are emerging as the best tool for reaching new markets”. Question 34. Explain with examples. The price strategy is such that it requires providing right services to the right customers. The dealers are the customers that are buying your product. Enumerate Some Characteristics Of Strategic Management. What Are The Steps Involved In Dealing With Market Competition? Question Bank for Strategic Management as per MIM 1. <> This can be done by having several marketing campaigns regarding the company’s product and various distribution channels to distribute the strategy. The sell can be direct if the buying process will be known and the customer’s needs are known in the field of wholesale/retail structure. What Is Formulating A Strategy Reveal? Why Is Branding Crucial For The Company? Briefly explain. Explain its utility in strategic management Happy Maharana Pratap Jayanti 2014 SMS, Sayings, Quotes, Text Messages, Status For Facebook, WhatsApp Messages. Here you will also get the necessary information about the professional training required and the institutions who can help you to view specialize in a Strategic Management job. • defining the organization’s business and developing a strategic mission,• establishing strategic objectives and performance targets,• formulating a strategy to achieve the objectives,• implementing an executing the chosen strategic plan,• evaluating strategic performance and making corrective adjustments. The sales team of the company always talks to the customers and try to convince them to buy the product from the company directly. Give examples, 12) Illustrate and explain the organizational structure of a multiproduct company. 24) What are the advantages of Indian Business especially with reference to Indian economy and finance markets? Are you ready to work in a competitive environment to achieve the profit objectives of any business enterprise, then you are the right person to take up a Strategic Management job. 2) Product life cycle matrix Question 20. Question 5. Question 25. 8) Explain the need of strategy control. 17) What type of corporate social responsibility initiative has been undertaken by financial sector? 10) Cost Benefit analysis 19) Explain the role of leadership in strategic management Read This, Top 10 commonly asked BPO Interview questions, 5 things you should never talk in any job interview, 2018 Best job interview tips for job seekers, 7 Tips to recruit the right candidates in 2018, 5 Important interview questions techies fumble most. This product has the valued added of the reseller of the product. 5) Generic strategies Allow users to sell directly their product by having an easy option for customization.- Building a plan to have a specialized team to look after the requirement of the customers and close the deals according to the communication with the deals directly. It is tough to deal with market competition as it is dynamically changing and include lots of changes that need to be incorporated if a company has to survive. Illustrate and explain the process of strategic management, 15) State the importance of strategic planning for a business firm. Introduction to Operations Research Subject for TYBMS SEM 6 Students 2017, Delhi University TYBMS Sem 5 Syllabus – Management of Industrial Relations, Human Resource Management Case Study No. Question 33. What Are The Strategies Required To Attract Customers? This is the way you can ask the customers to trust you and pay you for the services which you are providing to them. These factors are as follows:- Reflecting the price to the competitors and considering the pay for the offering of the customer.- Enabling the revenue and market shares to reach out to the customers.- Maximizing the profits and providing the services that is offered by your business only. If the customers are reached through wholesalers, other channel partners then the product can be marketed to more people, this way more revenue can be generated and the program can be marketed to more customers.
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