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Question 1:
Elaborate on the following business strategies giving examples, and discuss under what circumstances these business strategies are applied.
a) Forward integration b) Product development c) Conglomerate diversification d) Retrenchment
Question 2:
(i) Explain the components in an ideal mission statement of a business organisation?
ii) Using the above components of a mission statement, write a model mission statement for the organisation where you are working/studying which can be used by your organisation in future?.
Question 3:
i) Explain the different aspects of the term ‘Organisation Culture'?
(ii) Examine critically and discuss the importance of Organisational Culture in the implementation of strategy?
Question 4:
(i) Explain with the help of a diagram the Boston Consulting Group Framework in Corporate Portfolio analysis?
(ii) How and Why has the BCG Framework been modified?
Product flows, information flows, service flows participants' roles
Offering products or services which offer dissimilar advantages from competitors' and which are valued by purchasers.
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A good strategic plan is a dominant motivator for change and usual progress updates are crucial to maintain that momentum. The next steps then are to regularly ensure in on progres
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1. “A mission describes what the organization is now; a vision statement describes what the organization would like to become.” Differentiate between corporate mission and strategi
Current traffic pattern given as below. ZONE DESTINATION ZONE ORIGIN 1 2 3
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