MS-11: Corporate Policies & Practices June-2001
Question Paper of MS-11: Corporate Policies & Practices June-2001
Q.1. Why should a company have Mission Statement? Discuss its role and functions. Give examples of mission statements in relation to any three of the following organisations:
(a) A corporate hospital in the private sector
(b) A specialised professional educational and training institution in the Government sector
© A technical and management consulting firm in the private sector
(d) A electric supply undertaking in the Government sector
Briefly explain 7-S Framework. In what way can the framework be helpful in strategic formulation and implementation?
Q.2. Enumerate the consistent of mega and micro environments of a business firm. How are the two types of environments interrelated? Illustrate your answer with suitable examples.
What are the different criteria for classifying organisational elements into strengths and weaknesses? Illustrate with suitable example. Are different criteria exclusive?
Q.3. In what ways do the BCG Matrix, GE Planning Grid, and Shell’s Directional Policy Matrix differ from each other? Explain how such portfolio matrices are helpful in strategy formulation.
Briefly explain and then discuss in which situations the following strategies would be useful:
(i) Turnaround strategy
(ii) Takeover strategy
(iii) Vertical Integration strategy
Q.4. Briefly discuss the elements of successful implementation of strategies. What checkpoints could you use in pre-implementation phase of a strategy?
What factors could cause corporate decline? What measures have been taken in India to deal with corporate/industrial sickness? Examine critically.
Q.5. Read the following case study carefully and answer the questions given at the end.
Questions
(a) Identify the environmental threats and opportunities and strengths and weaknesses of the organisation.
(b) Discuss those aspects of Pennzoil’s strategic choices to which you can apply the BCG matrix.