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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
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