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Q. Explain how political-legal factors present an opportunity as well
as threat to a particular industry or a business organization. Illustrate
with the help of an example.
Answer. Political and legal environment have an impact on
the level of opportunities and threats in the environment. For example,
periods of strict enforcement of antitrust laws directly affect corporate
growth strategy. As large companies find that acquiring another firm
in the .........NOT AVAILABLE IN SAMPLE
EXAMPLE: THE............
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Q. What is the purpose of SWOT analysis? Why is it necessary to do
a SWOT analysis before selecting a particular strategy for a business
organization?
Answer. SWOT analysis is a tool for auditing an organization
and its environment. It is the first stage of planning and helps marketers
to focus on key issues. SWOT stands for strengths, weakness. .........NOT
AVAILABLE IN SAMPLE..................
A scan of the internal and external environment is an important part of the strategic planning process. Environmental factors internal to the firm usually can be classified as strengths (S) or weaknesses (W), and those external ...........................NOT AVAILABLE IN SAMPLE..................
Q.3. Assume that you are in the top management cadre of commercial
airlines, which is competing with the low cost strategy. Frame an
appropriate organization culture for your organization so that it
can maintain its position in the market.
Answer. Low cost strategy is centered on the capability of
the company to produce and deliver products of competitive quality
at lower costs. Cost leadership strategy is much more than cost .........NOT
AVAILABLE IN SAMPLE..................
Low Cost Leadership in Airline Industry
To remain a low cost leader the airline should devise a number of
cleve ..................NOT AVAILABLE IN SAMPLE..........
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Q. Identify a company of your choice from automobile industry.
Try to analyze the company’s industry environment from an international
perspective.
Answer. The global automotive industry is a highly
diversified sector that comprises of manufacturers, suppliers, dealers,
retailers, original equipment manufacturers, after market parts manufacturers,
automotive ...............................
......NOT AVAILABLE IN SAMPLE..................
EXAMPLE: ....................
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