MGT603 VU Midterm Current Papers Fall 2011 of Virtual University of Paksitan (www.vusolutions.com)
100% mcqs were from past papers including long questions.
Long question were:
1. Define cost/benefit analysis?
2. What activities are performed in strategy evaluation stage under controlling function of management?
3. In your opinion, what can be the circumstances when a Low Cost Producer in an industry brings effectiveness?
4. What are strengths and weaknesses of an organization? Explain with the help of examples.
MGT603 VU Midterm Current Papers Fall 2011 of Virtual University of Paksitan (www.vusolutions.com)
paper or it was too easy,
total questions was 32,
28 MCQs and
4 long questions and
all objective+ subjective from past papers
except 8 MCQs but they was also understanding.
subjective questions are following,
What should be the characteristics of a firm that is successfully pursuing a Cost Leadership Strategy? Enlist any six of them.
Answer:
Six characteristics of successfully persuing cost leadership strategy firm:
1-Limited perks.
2-High efficiency.
3- Low overhead.
4-Wide spans of control.
5-Intensive screening of budget.
6-Employees participation in cost control efforts.
Question No: 31 ( Marks: 5 )
List down and explain five steps that comprise an effective framework for conducting an EFE Matrix.
MGT603 VU Midterm Current Papers Fall 2011 of Virtual University of Paksitan (www.vusolutions.com)
28mcqs 4 subjective (3+3+5+5 marks)
90%MCQS were from past papers
Subjective questions are as follows:
Porters Five forces model (5marks)
Conditions for Horizontal Integration (5 marks)
Benefits of Vertical Integration(3 marks)
If a firm has a score of 2.85 on IFE matrix, what does this represents? (3 marks)
Mgt603 VU Midterm Current Papers Fall 2011 of Virtual University of Paksitan (www.vusolutions.com)
Total Marks = 44
Total Question= = 32
MCQS = 28
Subjective 3 marks = 2
Subjective 5 marks = 2
What are Activity Ratios? (3)
What is market penetration strategy, Please explain with an example
from a local or multinational firm (3)
What are the five forces of Porter's Model? (5)
What can be possible situations in which market develpment would be a particularly a good strategy to be pursued (5)
