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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?
identify and critically analyse fundamental issues related to strategic management. Undertake a study that shows clear evidence of synthesis and evaluation
Over the next three weeks, you will perform a SWOT Analysis specific to your topical area for your case study. This SWOT Analysis will become "Appendix A" for your case study.
The strategy
Question: (a) Describe the concept of virtual organisation. (b) ‘It is critical for an organisation to attain congruence between its strategy and organisational structure
Product flows, information flows, service flows participants' roles
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