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Exam 1 Preview1 Exam 1: Friday, September 29 Room 344
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Exam 1 Preview2 Exam 1 preview The exam will have two parts. Part 1 (about 60%). 32 multiple choice questions on: assigned H&W chapters (Ch 1-7, 11) and topics covered in class Readings on organizational effectiveness and the value chain About a handful of the multiple choice questions will deal with the application of concepts to Dell and Southwest Part 2 (about 40%). Approximately 1-3 essay questions on Understanding or application of concepts to the PFS case. One-third to one page of space will be available for the written response to each discussion question.
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Exam 1 Preview3 Exam 1 preview—2 of 2 One-third to one page of space will be available for the response to each discussion question. Slides for Sessions 2 through 9 would be a good review source, but not necessarily a comprehensive one. Links to the PowerPoint slides for each session are available at the session number on the session schedule.
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Exam 1 Preview4 Major concept areas Strategy: purpose, formulation vs. implementation & elements of each; generic types Strategic Management: process & sub tasks, strategic decision making, top management’s role Hierarchy of strategy: corporate, business, functional Organizational effectiveness: goal, RB, IP, stakeholders Objectives vs. goals: criteria to distinguish; requirements of objectives Analyzing external environment: societal & task; how to do it, Porter model, Analyzing internal environment Resource-based: core & distinctive competencies, elements of sustainability Value chain Scanning internal resources: structure, culture, functional capabilities Strategic audit (appendix 11C) SWOT and building a TOWS matrix of alternative strategies Corporate strategy: directional (growth, stability, retrenchment), portfolio analysis, parenting Functional strategies: outsourcing, marketing, finance, R&D, operations, HR, IT 3 tests of distinctive competency Financial performance and condition Implementing strategy: role of programs, budgets, procedures
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Exam 1 Preview5 Previous quiz questions What is Daisytek’s corporate strategy? Address directional, portfolio, and parenting elements. Corporate strategy deals with three key issues facing the corporation as a whole. Identify any two of the three and explain Daisytek’s approach to each. Explain how PFS’s business strategy differs from the Daisytek’s core business strategy, i.e., the business strategy Daisytek followed prior to the creation of PFS. What functional strategies are crucial to Daisytek's current or future success? Identify at least two and explain why they are crucial.
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