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Thursday 21 July 2022

NMIMS assignments September 2022: Contact us for unique and customized answers at assignmentssolution@gmail.com

 NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Strategic Management

Internal Assignment Applicable for September 2022NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Strategic Management

Internal Assignment Applicable for September 2022 Examination


Assignment Marks: 30


Instructions:

 All Questions carry equal marks.

 All Questions are compulsory

 All answers to be explained in not more than 1000 words for question 1 and 2 and for

question 3 in not more than 500 words for each subsection. Use relevant examples,

illustrations as far as possible.

 All answers to be written individually. Discussion and group work is not advisable.

 Students are free to refer to any books/reference material/website/internet for attempting

their assignments, but are not allowed to copy the matter as it is from the source of

reference.

 Students should write the assignment in their own words. Copying of assignments from

other students is not allowed.

 Students should follow the following parameter for answering the assignment questions.


1. A business enterprise takes major critical decisions like expansion, curtail down

production lines or continue the operations, diversify the activities or look into the current

industry only, mergers, acquisition or strategic alliances. Orientation towards growth is

among one of the influential factor deciding the long term performance of a corporation.

Discuss with reference to corporation’s directional strategy, the three other grand

strategies which needs to be designed and implemented for the overall success of

corporation’s directional strategy. Conclude, by reflecting on the importance of

directional strategy (10 Marks)

2. A business model is an outline of how a company plans to make money with its product

and customer base in a specific market. At its core, a business model explains four

things:

– What product or service a company will sell?

– How it intends to market that product or service.

– What kind of expenses it will face?

– How it expects to turn a profit.

Business models are constantly changing — there is no one-size-fits-all model that can

be applied to every business.(source: https://bit.ly/3remL7l)

Discuss the term business model and mention with the key features of possible business

models that are observed in companies like IBM, HP,Amazon.com, KIA Motors, Walt

Disney, LinkedIn. (Student can specify any four possible business models,) (10 Marks)

3. Businesses has social responsibilities they should try to help ameliorate societal ills—by

providing employment to the long-term unemployed, for instance, or fighting

discrimination or avoiding pollution—in addition to generating profits for their

shareholders.

Maximization of profits is like maximizing food, contended by Byron.

However, Friedman’s propounded all together differently about the responsibilities of

strategic decision makers. “Businessmen who talk this way are unwitting puppets of the

intellectual forces that have been undermining the basis of a free society these past

decades”. (Source-https://bit.ly/3Hha0OU)

In the light of the above two statements, discuss according to you what are the

responsibilities of business strategic decision maker

a. Responsibilities of business according to Carroll. (5 Marks)

b. Friedman’s traditional view. (5 Marks)

Conclude highlighting of the two above mentioned, which one is prevalent now in the

current scenario

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