ipcc strategic management important question nov 18/old ... … · strategy is not a substitute for...

IPCC – Strategic Management Important Question – Nov 18/OLD Syllabus

By CA Meeta Mangal 1



Important question for Nov 18 old syllabus

Please don’t do only this questions but do these questions also

CHAPTER 1 BUSINESS ENVIRONMENT

S.No. Question

1. Objective of Business

2. Explain Micro and Macro Environment.

3. Explain the relationship between Organisation and Environment.

4. Why do companies go Global?

CHAPTER 2 BUSINESS POLICY AND STRTAEGIC MANAGEMENT

S.No. Question

1. Strategy is not a substitute for sound, alert and responsible management. Comment

2. Strategy is partly proactive and partly reactive. Comment

3. Importance of Strategic Management

4.

Explain Strategic Decision Making.

INDIRECT QUESTION:-

Rohit Seth in an informal discussion with his friend shared that he has to move very cautiously

in his organisation as the decisions taken by him have organisation wide impact and involve

large commitments of resources. He also said that his decisions decide the future of his

organisation. Where will you place Rohit Seth in organisational hierarchy? What are the

dimensions of the decisions being taken by him? (SOURCE – RTP – MAY 18)

5. Objectives and Goals provide meaning and sense of direction to organizational endeavour. Explain

6. Explain the term Mission? What points you should consider while writing a mission statement.

7. In your view, what is the role of Corporate Level Managers in Strategic Management?

CHAPTER 3STRATEGIC ANALYSIS

S.No. Question

1. Correct/Incorrect: - The Process of strategy avoids matching potential of the organisation with the

environment opportunities.

2. “A manager working on a strategic decision has to balance socio-cultural opportunities, influences

and constraints. Discuss.

3. Explain Triggers of Change and Driving Force?

4. Explain Strategic Group Mapping.

5. What are Key factors of competitive success? How to identify an industry’s key success factors?

6. Explain Boston Consulting Group.

7. Explain Ansoff’s Product Market Growth Matrix?



8. Product life cycle

9. Explain the model inspired by Traffic Control Lights.

CHAPTER 4 STRATEGIC PLANNING

S.No. Question

1. Distinguish between Top-down and Bottom –up Strategic Planning.

2.

Expansion through Diversification

INDIRECT QUESTION: -

Swift Insurance is a company engaged in the business of providing medical insurance

maintaining a market share of 25 to 30 per cent in last five years. Recently, the company decided

to enter into the business of auto insurance by having foreign collaboration. Identify the

strategy being followed by the Swift Insurance with its advantages. (SOURCE – RTP – MAY 18)

3. Correct/Incorrect: - Turnaround should succeed liquidation strategy

4. Combination Strategy

5. Explain Best Cost Provider Strategy.

CHAPTER 5 FORMULATION OF FUNCTIONAL STRATEGY

S.No. Question

1. Expanded Marketing Mix.

2.

Explain the following Marketing Strategic Technique: -

i. Enlightened Marketing

ii. Synchro – Marketing

iii. Demarketing.

3. Determining an appropriate mix of debt and equity in a firm’s capital structure is vital to successful

strategy implementation?

4. What are the guidelines to acquire R&D expertise from external firms or develop R&D expertise

internally?

5. What are the R&D approaches for implementing strategies?

6. Explain the prominent areas where Human Resource Manager can play a strategic role?

7. How would you argue that Research and Development Personnel are important for effective

strategy implementation?

8. State the factors of human resource that influence an employee’s competence?

9. How to implement strong Supply Chain Management System in an Organisation?

CHAPTER 6 STRATEGIC IMPLEMENTATION AND CONTROL

S.No. Question

1. Write short notes on Network Structure?

Correct/Incorrect: - Network Structures eliminate many in-house functions.

2. Write short notes on Hour-glass Structure?



3. Correct/Incorrect: - Strategies follow Structure.

4.

Discuss the leadership role played by the managers in pushing for good strategy execution?

INDIRECT QUESTION:-

Suresh Sinha has been recently appointed as the head of a strategic business unit of a large

multiproduct company. Advise Mr Sinha about the leadership role to be played by him in

execution of strategy. (SOURCE – RTP – MAY 18)

5. What are the approaches to leadership style?

6. Explain the difference between Management Control and Functional Control

7. Explain the various stages/phases of change process as propounded by Kurt Lewin?

CHAPTER 7 REACHING STRATEGIC EDGE

S.No. Question

1.

“Firms use benchmarking process to achieve improvements in diverse range of management

functions”. Comment

2. What is Benchmarking? Explain briefly the elements involved in Benchmarking process.

3. Explain Six-Sigma Methodology.

4. Explain E-commerce.

ipcc strategic management important question nov 18/old ... … · strategy is not a substitute for...

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