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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?
Q. Show the Budgetary planning ? A budget is a forecast and quantified plan of action. Budgetary planning creates a budget like a part of the planning process for the organisat
Differences of EVA and RI EVA uses the replacement not historical accounting cost of assets. Profit calculated under both methods are different e.g. with EVA the repla
a. Explain the function of the group. b. For each group, describe the following: 1) How it came into being. 2) How long it has existed (and is expected to
do all organisations need strategic plans
Q. Diffrence between ROCE and RI? Both ROCE and RI are good measures to use when assessing financial performance, since both consider the capital invested, as well as the profi
Strategy development processes Vision and mission statements There was no announcement about Aldi's mission statement, but it's vision relates to offer its customers in
Q. Describe Hopwood’s Social controls? Group norms, staff culture and social interaction can control what is acceptable and unacceptable behaviour, it also can determine accept
1. Describe the brand you will establish across as many dimensions as you think are relevant 2. What will your brand association be? i.e. what is the one thing, above al
compensation strategy template
Controlling subsidiaries Mission statement, goals and objectives. Performance measurement systems e.g. financial ratios and multidimensional frameworks. Systems
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