MANAGEMENTa30

.docx

School

Cedar Crest College**We aren't endorsed by this school

Course

BUSINESS BUA 345

Subject

Management

Date

Dec 17, 2024

Pages

Uploaded by LieutenantStorkMaster1382

## Final Exam: Advanced Strategic Analysis and Application**Exam Time:** 2 hours 30 minutes **Total Score:** 100 points### Instructions:- Answer all questions in the space provided.- Show all calculations and formula derivations for the calculation questions.- Answer multiple-choice questions by circling the correct letter.- Do not write on the test paper; instead, use the answer sheet provided.---**Section 1: Strategic Management (20 points)**1. What are the three levels of strategy in an organization, and how do they differ from one another? (3 points)2. Describe the difference between a low-cost strategy and a differentiation strategy. (4 points)3. You are analyzing a company's competitive environment. What are the five forces that Michael E. Porter identifies in his Five Forces Model? Explain how each force affects an industry's attractiveness and a company's competitive position. (5 points)4. Select one of the following strategic management concepts: SWOT analysis, Porter's Five Forces, Ansoff Matrix, or Value Chain Analysis. Describe the concept in detail and explain its relevance to strategic decision-making. (8 points)---**Section 2: Organizational Behavior (20 points)**5. Explain the difference between a transactional and a transformational leadership style. Provide examples of each and discuss the impact they can have on organizational performance. (6 points)6. Discuss the factors that contribute to organizational culture. How does culture affect an organization's success? (7 points)7. What are the main types of conflict in organizations? How can conflict be managed effectively? (7 points)---**Section 3: Operations Management (25 points)**8. Calculate the Economic Order Quantity (EOQ) for a company that orders a product with a demand rate of 20 units per week, an ordering cost of $100 per order, and a holding cost of $2 per unit per week. Assume that the company is open 52 weeks a year. (7 points)9. Explain what a supply chain is and its importance in operations management. Discuss the

key components of a supply chain and how they can affect operational efficiency. (8 points)10. Draw a process flow chart for the production of a simple product or service, and analyze the process for bottlenecks and opportunities for improvement. (10 points)---**Section 4: Human Resource Management (15 points)**11. Discuss the importance of employee training and development. How does it impact organizational performance? (7 points)12. Describe the components of a total rewards system, and explain how these components can be used to attract, retain, and motivate employees. (8 points)---**Section 5: Financial Management (20 points)**13. Calculate the net present value (NPV) of an investment with an initial cost of $50,000, annual cash flows of $15,000 for 5 years, and a discount rate of 10%. (5 points)14. Explain the concept of the capital asset pricing model (CAPM) and how it is used to determine the required rate of return on an investment. (8 points)15. Discuss the role of financial leverage in capital structure decisions. What is the impact ofexcessive leverage on a company's financial health? (7 points)---**Section 6: Marketing Management (15 points)**16. What is the difference between market segmentation and market targeting? (4 points)17. Discuss the four Ps of the marketing mix and how they are used in the marketing strategy of a new product launch. (7 points)18. Analyze the product life cycle and its implications for marketing strategy. (4 points)---**Section 7: Project Management (15 points)**19. Discuss the key phases of the project management life cycle and explain the importance of each phase. (5 points)20. You are managing a project that is behind schedule and over budget. What steps would you take to get the project back on track? (6 points)21. Explain the importance of risk management in project management and discuss strategies for managing project risks. (4 points)---**Section 8: Leadership and Change Management (10 points)**

22. What are the characteristics of an effective change management process? (5 points)23. Describe the Kotter's eight-step change model and explain how each step contributes to successful organizational change. (5 points)---**Section 9: Entrepreneurship (10 points)**24. Discuss the importance of innovation in entrepreneurship and how it contributes to the success of new ventures. (5 points)25. Explain the difference between a business model and a business plan. (5 points)---**Section 10: Business Ethics and Corporate Social Responsibility (10 points)**26. Discuss the ethical implications of corporate globalization. (5 points)27. Explain the concept of corporate social responsibility (CSR) and its importance in modern business practices. (5 points)---**End of Exam**