Strategic Management Sem 2 Exams Ucc Code 2020/2021 Past Questions And Answers

SECTION B
Answer and TWO questions from this section.

Question 1
(A) State four non-financial benefits organization derive from
strategic management. [8 Marks]
(B) Identify and explain the levels of strategic management. [12 Marks]


Question 2
(A) State four reasons to justify the need for written mission
statement for an organization. [8 Marks]
(B) List four components of a mission statement. [4 Marks]
(C) Explain four features of a good organizational objective. [8 Marks]


Question 3
(A) What is a multinational company? [2 Marks]
(B) State three reasons for rising international expansion of business
operations. [6 Marks]
(C) Explain each of the following strategies
i) Market penetration [3 Marks]
ii) Market development [3 Marks]
iii) Product development [3 Marks]
iv) Concentric diversification [3 Marks]

Question 4
(A) State four ways in which policies aid the implementation of a
firm’s strategy. [8 Marks]
(B) State two factors that influence the extent of centralization or
decentralization. [4 Marks]
(C) With the aid of a suitable diagram, explain functional
organization structure. [8 Marks]