Management Question
Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment-2 Strategic Management (MGT 401) Due Date: 30th March 2024 @ 23:59 Course Name: Strategic Management Student’s Name: Course Code: MGT401 Student’s ID Number: Semester: 2nd CRN: Academic Year: For Instructor’s Use only Instructor’s Name: Students’ Grade: Marks Obtained/Out of 10 2023-24 Level of Marks: High/Middle/Low General Instructions – PLEASE READ THEM CAREFULLY C • • • • • • • • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. Assignments submitted through email will not be accepted. Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. Students must mention question number clearly in their answer. Late submission will NOT be accepted. Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). Submissions without this cover page will NOT be accepted. Learning Outcomes: 1. Recognize the basic concepts and terminology used in Strategic Management. (CLO1) 2. Explain the contribution of functional, business, and corporate strategies to the competitive advantage of the organization. (CLO3) 3. Distinguish between different types and levels of strategy and strategy implementation. (CLO4) 4. Communicate issues, results, and recommendations coherently, and effectively regarding appropriate strategies for different situations. (CLO6) I. Discussion Questions (2 marks for each question) 1) How does horizontal growth differ from vertical growth of a corporate strategy? From concentric diversification? Give at least one example for each strategy. (CH 7) 2) What are the tradeoffs between an internal and an external growth strategy? Which approach is best as an international entry strategy? (CH 7) 3) Are functional strategies interdependent, or can they be formulated independently of other functions? Discuss (CH 8) 4) What skills should a person have for managing a business unit following a differentiation strategy? Why? What should a company do if no one is available internally and the company has a policy of promotion from within? (CH10) 5) Is the evaluation and control process appropriate for a corporation that emphasizes creativity? Are control and creativity compatible? Justify and give examples from the real market. (CH 11) Important Notes: • • • Avoid Plagiarism. Support your answers with course material concepts from the textbook and scholarly, peer-reviewed journal articles, etc. Need references and use APA style for writing the references. Answers 1. 500 2. 500 3. 500
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