INTERNAL ASSESSMENT: CONTINUOUS MODE
Test Type: Assignment 1 – (Written Answers)
Name of the student:________________________________ Roll No.___________________
Subject: STRATEGIC MANAGEMENT
Instructions:
Submission – TUESDAY 3rd FEB in Lecture only
a) Draft each answer using the study material given or Reference Books or Google or AI but see to
it that the content is Correct & relevant!!
b) Make sure you know what You are Writing in the answers!!
c) Provide atleast 1 real life example/s in each answer
d) Each answer carries 10 marks.
e) The length of each answer needs to be 2.5 sides of A4 pages with proper full sentences (NOT
CHAT GPT POINTERS STYLE )
f) Present Your assignment is a neat & presentable manner & Yes you may decorate or use
colourful pens 😊
Regards
Charmi Gala
QI. Answer the following Questions :
1. Explain the meaning of Business Policy. Discuss its key features and explain why Business
Policy is important for an organization.
2. What is Strategic Management? Explain its meaning and importance in today’s competitive
business environment.
3. Describe the steps involved in the Strategic Management Process. Explain each step briefly with
logical flow.
4. Explain the different levels of Strategic Management. Discuss the role of Corporate Level,
Business Level, and Functional Level strategies with suitable examples & a diagram as well
5. Define Vision & Mission, Explain their meaning and importance, and describe any 5 points of
differences as well.