I want the assignment of Advanced Strategic Management of MBA of Indira Gandhi National Open University IGNOU so can you provide me?

The Indira Gandhi National Open University IGNOU, is a distance learning national university located in IGNOU road, Maidan Garhi, New Delhi, India. The university was established in 1985. IGNOU is run by the central government of India.[3]

IGNOU MBA assignment

Course Code : MS-91

Course Title : Advanced Strategic Management

Assignment Code : MS-91/TMA/SEM-I/2013

1. Discuss the managerial role of Board of Directors (BoDs). What in your opinion should be the managerial role of BoDs in the present context? Explain giving examples.

Answer:

A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors. It is often simply referred to as "the board".
A board's activities are determined by the powers, duties, and responsibilities delegated to it or conferred on it by an authority outside itself. These matters are typically detailed in the organization's bylaws. The bylaws commonly also specify the number of members of the board, how they are to be chosen, and when they are to meet.
The board are directly accountable to the shareholders and each year the company will hold an annual general meeting (AGM) at which the directors must provide a report to shareholders on the performance of the company, what its future plans and strategies are and also submit themselves for re-election to the board.
The objects of the company are defined in the Memorandum of Association and regulations are laid out in the Articles of Association.
The board of directors' key purpose is to ensure the company's prosperity by collectively directing the company's affairs, whilst meeting the appropriate interests of its shareholders and stakeholders. In addition to business and financial issues, boards of directors must deal with challenges and issues relating to corporate governance, corporate social responsibility and corporate ethics.

Typical duties of boards of directors include:
• governing the organization by establishing broad policies and objectives;
• selecting, appointing, supporting and reviewing the performance of the chief executive;
• ensuring the availability of adequate financial resources;
• approving annual budgets;
• accounting to the stakeholders for the organization's performance.
• setting their own salaries and compensation
In addition to considering the foregoing measures, the board may also want to focus on identifying external pressures that can push a company to take excessive risks and consider how best to address those pressures. In particular, companies have come under increasing pressure in recent years from hedge funds and activist shareholders to produce short-term results, often at the expense of longer-term goals. These demands may include steps that would increase the company’s risk profile, for example through increased leverage to repurchase shares or pay out special dividends, or spinoffs that leave the resulting companies with smaller capitalizations. While such actions may make sense for a specific company under a specific set of circumstances, the board should focus on the risk impact and be ready to resist pressures to take steps that the board determines are not in the company’s or shareholders’ best interest.

2. There are different approaches to global entry. What in your opinion is the best approach and why? Explain.

Answer:

An organisation wishing to "go international" faces three major issues:
i) Marketing - which countries, which segments, how to manage and implement marketing effort, how to enter - with intermediaries or directly, with what information?
ii) Sourcing - whether to obtain products, make or buy?
iii) Investment and control - joint venture, global partner, acquisition?
Decisions in the marketing area focus on the value chain . The strategy or entry alternatives must ensure that the necessary value chain activities are performed and integrated.

In making international marketing decisions on the marketing mix more attention to detail is required than in domestic marketing. lists the detail required1.
Examples of elements included in the export marketing mix

1. Product support
- Product sourcing
- Match existing products to markets - air, sea, rail, road, freight
- New products
- Product management
- Product testing
- Manufacturing specifications
- Labelling
- Packaging
- Production control
- Market information
2. Price support
- Establishment of prices
- Discounts
- Distribution and maintenance of pricelists
- Competitive information
- Training of agents/customers
3. Promotion/selling support
- Advertising
- Promotion
- literature
- Direct mail
- Exhibitions, trade shows
- Printing
- Selling (direct)
- Sales force
- Agents commissions
- Sale or returns
4. Inventory support
- Inventory management
- Warehousing
- Distribution
- Parts supply
- Credit authorization
5. Distribution support
- Funds provision
- Raising of capital
- Order processing
- Export preparation and documentation
- Freight forwarding
- Insurance
- Arbitration
6. Service support
- Market information/intelligence
- Quotes processing
- Technical aid assistance
- After sales
- Guarantees
- Warranties/claims
- Merchandising
- Sales reports, catalogues literature
- Customer care
- Budgets
- Data processing systems
- Insurance
- Tax services
- Legal services
- Translation
7. Financial support
- Billing, collecting invoices
- Hire, rentals
- Planning, scheduling budget data
- Auditing

For complete assignment here is the attachment

IGNOU MBA assignment

Contact details-

IGNOU
Maidan Garhi, Chhattarpur
New Delhi, Delhi 110030

Attached Files

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