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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 before it can start on strategy formulation.
a) Describe the important constituents of micro and mega environment.
b) The impact of technological development on strategy is not only fast but is far-reaching. Do you agree? Discuss
Question 2:
Professor Ansoff explained the concept of strategy as the common thread among the organization's activities and product markets-that defines the essential nature of business that the organization was or planned to be in future.
(a) Explain the concept of strategic management.
(b) In what ways can strategic management be beneficial to a tourism sector?
(c) How can strategies ensure organizational effectiveness?
Business-Level Strategy From the outset, you were required to focus on the strategic business unit (SBU) to ensure that Business-level strategies could be applied. The challeng
Select an existing business that has recently launched a new product. You may also use your own company. Consider how the organization's marketing strategy has benefited the new pr
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
Cham Stores is one of the biggest private sector employer in the Syria. The company has more than 2000 employees in Syria, Emirates and London. In Syria, Cham Stores range from sma
1.Middle managers are often at the center of efforts to develop tactical plans to implement established strategies. How are tactical plans typically established? What challenges co
(a) Define the concept of strategic performance management. (b) Explain how the Balanced Score Card (BSC) is used to connect strategic planning to performance measurement in
Discuss the key activities of the strategic management process. Explain why it is important for managers to recognise the interdependent nature of these activities.
advantages and disadvantages of strategic planning
(1.) Infosys follows a global delivery model that enables the company to maintain standards. The vertical differentiation strategy did help the company to gain control over the ope
S Company has for many years been a long standing household name, designing and manufacturing electrical appliances for use in the kitchen. It has developed a strong culture over t
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