NATIONAL OPEN UNIVERSITY OF NIGERIA

UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
MARCH/APRIL 2015 EXAMINATION

COURSE CODE:      BUS427                                                                    

CREDIT UNIT: 3

COURSE TITLE:     BUSINESS POLICY AND STRATEGY I

TIME ALLOWED:   2 HOURS 30 MINUTES

INSTRUCTIONS:  1. Attempt question number one (1) and any other (3) questions.

            2. Question number 1 carries 25 marks, while the other questions carry 15 marks each.

        3. Present all your points in coherent and orderly manner.

1.   (a) Discuss the motivation system.

      (b) Lists and explain the recommended steps in Case Analysis.

      (c) Explain Carroll’s four responsibilities of business.

2.  (a) What are the some of the important factors and influences operating in the regulatory environment?

    (b) Explain the role of board in strategic management by citing an example.

3. (a) According to Mintzberg’s, what are the most typical approaches, or modes, of strategic decision-making?

    (b) Discuss the factors affecting environmental appraisal.

4. (a) Elaborate on the important types of sources of information.

    (b) With an examples, discuss the four (4) environmental influences.

5. (a) Discuss the three (3) basic approaches to ethical behaviour.

    (b) Explain the various forms of strategies according to Hill and Jones (2004).

6. (a) Discuss four (4) factors that should be considered for Objective-Setting by Glueck.

    (b) Elaborate on the skills of Case Study Method.