NATIONAL OPEN UNIVERSITY OF NIGERIA

UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
JANUARY/FEBRUARY 2018 EXAMINATION

Course Code:     BUS428                        

Course Title:   BUSINESS POLICY AND STRATEGY II

Credit Unit:        2

Instructions:   1. Attempt Question 1 and any other two (2) questions

       2. Question 1 is compulsory and carries 30marks while the other 2 questions carry 20marks each

                         3. Present all your points in coherent and orderly manner

Time Allowed: 2 Hours

1    a.   What sense does the term Business policy make to you? What are the features of a good organizational policy?  (8.5marks)

b.   How important is the Business policy course to you?                                    (8.5marks)

c.   Differentiate between ethics and morality. Comment on the basic approaches to ethical behavior     (13marks)

2    a.   What steps would you suggest that your organization follow when formulating new policies or modifying the existing ones?  (8marks)

b.   Why do you think the idea of corporate social responsibility is strongly opposed in some quarters? (12marks)

3    a.   How are policies formulated?   (8marks)

      b.   What is the main focus of business level strategy?  (12marks)

4.   Clearly outline the steps you would follow in preparing a written case analysis. (20marks)

5    a. Differentiate between organization policy and strategy.                                (7.5marks)

b. Highlight the evolution stages of Multinational Corporations.                        (12.5marks)