Company competitive strategy


Question 1: Describe the steps included in corporate planning. Describe how it can be implemented.

Question 2: Explain the strategic management process. What method would you suggest so that the right strategic plan is formulated?

Question 3: In a company's competitive strategy, what significance should be attached to product and process R&D? Validate your answer.

Question 4: Describe mission statement. State the components of economic Environment.

Question 5: What are the different strategic types (Defensive, Offensive and so on) Elaborate?

Question 6: Is it possible to simultaneously follow cost leadership and differentiation strategy for a business unit? Give some reasons for your answer.

Question 7: What is environmental scanning and what are the factors influencing external environment?

Question 8: What is SWOT analysis and elucidate its role in strategy formulation?

Question 9: How has information systems affected the strategic decision making? What are the Issues which have surfaced in the light of rapid changes in information technology?

Question 10: Describe the concept of Corporate Planning process. State the elements.

Question 11: Define the term Goal. Describe its significance and main objectives.

Question 12: Supposing that you are considering starting small industrial unit, how do you do SWOT analysis for the same.

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Strategic Management: Company competitive strategy
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