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Question 1:
a. Define strategic management and how it can be applied in an organisation.
b. When a company needs to adapt to change, what are the key strategic management questions one needs to ask?
c. Opportunities and Threats are defined as external factors, these are called analysis of trends. What are those trends?
Question 2:
a. Explain and describe Porters five forces model?b. We know from experience that the industry is very fragmented.
Many of these industries have underlying economic causes (fragmentation). What are the main causes of Fragmentation of the industry?
Question 3:
a. There are Specific Advantages of Mergers & Acquisitions, what are they? b. There are also Specific Disadvantages of Mergers & Acquisitions, what are they?
a) Use appropriate tools to examine the affects of present business plans. b) Review the position of an organization in its present market. c) Measure the competitive strengths
caselet in strategic management :National Competitive Advantage of IKEA Group, a Swedish company founded in 1943 with its headquarters in Denmark, is a multinational operator of a
Q. Recommended process to develop a performance measurement system 1. Senior management need to determine a clear vision of the change that will be required and demonstrate c
Q. Describe the Maximum transfer price? Normally the maximum transfer price a buyer would pay would be the market price it could obtain the raw material, component, service, pr
Q. Show the Quick ratio or acid test? Quick ratio or acid test Quick ratio = Current assets less inventories / Current liabilities (times) This ratio meas
Free cash flows can be arrived at by using the following calculation Operating profit before interest and tax (PBIT) + Depreciati
Benefits of using balanced scorecard (BSC) - BSC encourages a long-term view of improving performance through time. - BSC considers both non-financial as well as financial m
There are three principles of total quality: customer focus, continuous improvement, and teamwork. Using the South University online library, find three articles that describe curr
QUESTION 1 The most important purpose of strategic control is to help Top Management achieve organizational goals through monitoring and evaluating the strategic management pro
Fixing the Knowledge Gap: Planning Now commence the 'Fixing knowledge gap' phase by identifying the broad nature of the solution required, as follows: a) Wherever you h
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