Importance of the different stages in the process, Other Management

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QUESTION 1

(a) Describe the various stages of a strategic management process .and explain the importance of the different stages in the process

(b) Can unexplained strategies drive actions of an organization? Support your answer with examples

QUESTION 2

(a) Using Michael Porter's five forces model, explain how the competitive forces may drive changes in any industry of your choice

(b) Using examples, describe the types of strategies you would adopt in an attempt to survive the competition of that industry

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