Exam May 2014, questions PDF

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T&PM EXAM QUESTIONS – January 2014

1)

Identify six distinct business models that can form the basis of value creation in a commercial organisation, illustrating each with an example. What is meant by a 'multiple revenue stream'? Explain why investors are particularly attracted to businesses with multiple revenue streams.

2)

To what extent do you agree with the view that the history of management thinking can be usefully characterised as a battle played out between two rival philosophies, one focused on maximising efficiency and the other on maximising the achievement of individual employees? Which of these philosophies has most to offer contemporary businesses? Justify your answer.

3)

Drawing on examples, explain why some businesses have thrived as a result of globalisation, while others have struggled to maintain their competitive advantage.

4)

Explain why the development of new technologies tends to increase competitive intensity in industries. Illustrate your answer with examples.

5)

To what extent do you agree with the view that in the future managers are going to have to pay much attention to the ethics of the way that they do business? Justify your answer.

6)

What are the major features of government industrial policy around the world today? Explain their impact on business with reference to an industry of your choice.

7)

What is likely to be the long tem impact for UK businesses of international and domestic demographic trends?

8)

How far do you agree that the motivation of people at work needs to consist mainly of 'pats on the back' and 'kicks up the arse'?

9)

Drawing on your own experience of team-working as well as published research, critically review the proposition that team performance tends to be stronger than that which could ever be achieved if each team member was to work in isolation.

10)

Why is change management often difficult to carry out really effectively?

RE-SIT 1)

Using examples of different business models, demonstrate how four businesses successfully 'add value'.

2)

The history of management thinking is sometimes characterised as comprising an ongoing debate between people who seek to manage others according to 'machine principles' and those who have a preference for 'garden principles'. Explain what this means from a practical management perspective, illustrating your answer with examples.

3)

What is globalisation and why is it happening?

4)

To what extent do you agree with the view that new technologies always lead to greater competition between organisations in an industry? Illustrate your answer with examples.

5)

How far do you agree with the view that much contemporary management activity is ethically questionable? Illustrate your answer with examples.

6)

Why is business regulation necessary? Justify your answer.

7)

Why are so many businesses keen to employ younger people and to develop products aimed at younger consumers? To what extent may these preferences have to change in the future, and why?

8)

What advice would you give to a newly promoted manager looking to improve the performance of his / her team?

9)

What can managers do to maximise the chances that the teams they are responsible for operate functionally rather than dysfunctionally?

10)

Why do so many change episodes fail to meet initial expectations? What can managers do to improve their chances of success when leading change?...