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NATIONAL OPEN UNIVERSITY OF NIGERIA

UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
JANUARY 2021 EXAMINATION

COURSE CODE: BUS 428

COURSE TITLE: Business Policy and Strategy 2

CREDIT UNIT: 3 INSTRUCTION: 1. Indicate your Matriculation Number clearly

2. Attempt question one (1) and any other three (3) questions; four questions in all

3. Question one (1) is compulsory and carries 25 marks, while the other questions carry 15 marks each.

4. Present all your points in a coherent and orderly Manner

TIME ALLOWED: 2 ½ hours

 

1a. Clearly demonstrate your understanding of Strategic management (15 MARKS)

1b. Arguably explain the dimensions of strategic decisions. (10 MARKS)

 

2a. Constructively explain the types of policies as classified by Koontz & O’donnel. (8MARKS)

2b. State and discuss the functions of policies in organisations. (7 MARKS)

 

3 What are the differences among the three stages of corporate development? (8 MARKS)

3b. Mention the characteristics of an effective evaluation system. (7MARKS)

 

4a Briefly explain the risks of strategic management. (8 MARKS)

4b. Outline the problems of strategic management. (7 MARKS)

5a. Differentiate between business policy and strategic management (8 MARKS) 5b. state the purpose of business policy. (7 MARKS)


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