Strategic Management (MGT 401)
Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University | المملكة العربية السعودية وزارة التعليم الجامعة السعودية الإلكترونية |
College of Administrative and Financial Sciences
Assignment-2
Strategic Management (MGT 401)
Course Name: Strategic Management | Student’s Name: |
Course Code: MGT401 | Student’s ID Number: |
Semester: 2nd | CRN: |
Academic Year: 2023-24 |
For Instructor’s Use only
Instructor’s Name: | |
Students’ Grade: Marks Obtained/Out of 10 | Level of Marks: High/Middle/Low |
General Instructions – PLEASE READ THEM CAREFULLY
- 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:
- Recognize the basic concepts and terminology used in Strategic Management. (CLO1)
- Explain the contribution of functional, business, and corporate strategies to the competitive advantage of the organization. (CLO3)
- Distinguish between different types and levels of strategy and strategy implementation. (CLO4)
- Communicate issues, results, and recommendations coherently, and effectively regarding appropriate strategies for different situations. (CLO6)
- Discussion Questions (2 marks for each question)
- 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)
- What are the tradeoffs between an internal and an external growth strategy? Which approach is best as an international entry strategy? (CH 7)
- Are functional strategies interdependent, or can they be formulated independently of other functions? Discuss (CH 8)
- 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)
- 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
Strategic Management (MGT 401)