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Question 1:
(a) What is diversification? Distinguish between the different types of diversification.
(b) Give the advantages and disadvantages of these types of diversification.
Question 2:
Describe how the five forces of Porter's model can be used by organisations to develop strategy.
Question 3:
Discuss and describe the six elements of external environment analysis.
Question 4:
What is strategy and explain how it is developed?
Question 5:
What is strategic management? Describe its main features.
Question 6:
What is strategic change and how does it differ from operational change?
Before conducting SWOT analysis, it is essential to conduct internal and external analysis for the company. Internal Analysis Product quality and variety: The cCompany is goo
Q. Benefits of shared service centres ? ¸ Economies of scale e.g. sharing overhead of a centralised function or process across divisions in the same group, it avoids divisions
Corporate Strategy
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Question Sarah and John are both working for a software development company. The manager of the new product division was originally the leader of the project team for whi
Q. Show the Limitations of ratio analysis ? A ratio on its own is meaningless, accounting ratios must always be interpreted in relation to other information. Ratios based on h
To maximise the potential of our business I would like you to prepare a strategic plan, specifically I would like the plan to incorporate a mission statement, a SWOT analysis, a
1. Identify and discuss strategic capabilities (resources and competences) of the chosen company using appropriate strategy tools and identify strengths and weaknesses for the firm
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Strategy Is Partly Proactive and It Is Partly Reactive 1. A company's strategy is usually a blend of (I) proactive actions on the part of managers to increase the company's ma
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