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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?
Q. What do you mean by Controllable costs? Controllable costs Divisional variable (marginal) cost. Divisional 'specific' fixed cost e.g. Specifically incurred by
Q. Explain Operating profit margin - performance ratios? Operating profit mar = (PBIT / Turnover) x 100% This is the ratio of operating profit to sales or turno
Product innovation rates are a: a. A goal-based measure. b. A corporate goal. c. A productivity measure. d. An external factor.
Question: (a) The Bath-Tub curve is an important tool for understanding the reliability of engineering components in many different applications. It is viewed as a hazard funct
market barriers
Relationship Between A Company's Strategy & Its Business Model 1. Closely associated to the idea of strategy is the model of a company's business model . CORE CONCEPT:
Define Managerial Process of Crafting & Executing Strategy the managerial ins & outs of crafting & executing company strategies. Special thought is given to management's direc
Q. Problems of pursuing only profit objectives? - Conflict with other stakeholder goals for example customers will want a better service and not want to pay anymore, a better s
Question 1: An organisation has to scan the external environment to identify possible opportunities and threats and the internal environment for its strengths and weaknesses be
Q. Show the example on residual income? Division A makes and sells a single product and is assessed by the residual income it earns, the head office of the group uses a 10% cos
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