Today's corporate environment is vastly different and more sophisticated than it was in earlier years. Organizations of all sizes face more problems and possibilities than ever before. Organizations must always discover new methods to compete in a quickly changing global business context. In today's global environment, survival and competition have become critical for companies. In this context, thepractice tests are designed to help students strengthen their strategic thinking and decision-making skills, particularly in terms of recognizing the applicability of various strategies in various scenarios.
Strategic management is concerned with an organization's long-term direction, scope, and performance. As a result, it draws on other disciplines for example: marketing, finance, economics, and organizational behavior that are already taught in the BBA or MBA. Whether an organization's overall'strategy emerges from the interaction of functional departments or is a grand plan devised by one group, its implementation takes place at the functional/process level, where goals, plans, and actions must align with other departments as part of a coherent orientation. As a result, all managers must grasp how their responsibilities and duties fit into the broader strategy of the organization.
Suggested Books:
Exploring Corporate Strategy, Gerry Johnson, Kevan Scholes, Richard Whittington, 2009, Pearson Ed Ltd, United Kingdom, 2nd Ed.
Grant, M.A. (2010), Contemporary strategic analysis, John Wiley & Sons, Edition 8th (SIE) Besanko, David, David Dranove, Mark Shanley and Scott Schaefer. 2009. Economics of strategy, 5th ed. John Wiley & Sons: New York.
Grant, R. and Jordan, J. 2012. Foundations of Strategy. NY: John Wiley &Sons, Ltd.
Strategic Management: Concepts and Cases – Abdulrahman Al-Aali, Abbas Ali, and Fred David (Arab World Edition) – Pearson Publication
Angwin D., Cummings S., & Smith C. (2011), The Strategy Pathfinder, Core Concepts and Micro-Cases, 2nd Ed, Blackwell Pub.
Colls, D., and Montgomery, C. (2005), Corporate Strategy: A Resource-Based Approach. (2nd edition) McGraw-Hill/Irwin.
Johnson, G., Scholes, K., and Whittington, R. (2005), Exploring Corporate Strategy. (7th edition) FT Prentice Hall.
McGee J., Thomas H., Wilson D. (2005), Strategy Analysis and Practice, McGraw Hill Pub.
Pearce J.A., and Robinson R.B. Jr (2003), Strategic Management, Formulation, Implementation, and Control, (8th Ed), McGraw Hill Pub
Davis, J., and Devinney, T. (1997) The Essence of Corporate Strategy. Allen & Unwin.
Hubbard, G., Rice J. and Beamish P (2007), Strategic Management: Thinking, Analysis and Action. (3rd ed) Pearson Education Australia.
Twite, G. and O’Keeffe, M. (eds) (2000) New Directions in Corporate Strategy. Allen & Unwin.
Viljoen, J. and Dann, S. (2003), Strategic Management. (4th ed) Prentice Hall.
* Total 3 Practice Tests ( 40 Questions in each Practice Test).
* You need to score 60 percent in each Practice Test to pass.
* Explanatory answers were given to questions (where ever it is appropriate).
* After the completion of the practice tests you will be awarded with a Certificate.
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