MCO-023 Strategic Management in English Solved Question Paper December 2022
Strategic Management
Course Code: MCO-023
| Title Name |
MCO-023 Solved Question Paper December 2022 |
| University | IGNOU |
| Service Type | Solved Question Paper (Soft copy/PDF) |
| Course | MCOM NEW |
| Language | English |
| Year | December 2022 |
| Course Code | MCO-023 |
| Product | Solved Question Paper (IGNOU) |
MASTER OF COMMERCE (MCOM)
Term-End Examination
December, 2022
MCO-023 : STRATEGIC MANAGEMENT
Time : 3 hours Maximum Marks : 100
Note : Attempt any five questions. All questions carry
equal marks.
1. What do you mean by strategy ? Discuss the
nature and importance of strategy with suitable
examples. 2+8+10
2. Explain briefly Porter’s Five Forces framework.
How can it be used for analysing competitive
environment of an industry ? 20
3. (a) Explain the concept of differentiation
strategy. Illustrate your answer with
suitable examples. 10
(b) Discuss the concept of cost leadership in the
present context. 10
4. What is competitive strategy ? Discuss various
dimensions which need to be considered while
formulating a competitive strategy. 20
5. Define Corporate Governance. Why is it
important for organizations to follow corporate
governance practices ? Describe different models
of corporate governance. 20
6. Discuss the strategic control process. Discuss in
detail the characteristics of an effective control
system. 20
7. Write short notes on any four of the
following : 45=20
(a) Strategic Change
(b) Functions of Leadership
(c) Corporate Culture
(d) Critical Success Factor (CSF)
(e) Competitive Profile Matrix
FAQs
How can solving previous year question papers improve my exam performance?
Solving previous year question papers helps you become familiar with the exam format, identify important topics, and develop effective time management and problem-solving skills, leading to improved performance.
Can I solely rely on previous year question papers for exam preparation?
While previous year question papers are an essential part of exam preparation, it is advisable to supplement them with comprehensive study materials, textbooks, and practice tests for a well-rounded approach.
Can solving previous year question papers guarantee a good score?
Solving previous year question papers enhances your preparation and boosts confidence, but the final score depends on various factors, including consistent studying, understanding concepts, and effective exam strategy.
