STRАTЕGIС РLАNNING АND МАNАGЕMЕNT EXAM

Topic five: Alternatives to Strategic Analysis: There are two readings reading 5.1 and reading 5.2 which are central to formulating a meaningful response to this question. The Forum question in Topic five .is useful from a preparation perspective Describe the differences between deliberate and emergent strategies. When would anorganization be likely to favour a more emergent approach to strategy formulation? (200 Words) Topic eight: Generic Strategies and other Dimensions of Strategy formulation: Focus on the Generic Strategies, the topic notes and pages 180-192 contain the relevant material to inform your response .to this question Q2-. Identify each of the five ‘Generic Strategies’. What are the they key objectives associated with the pursuit of a ‘Best-Cost Provider’ Strategy ? (200 Words) Topic nine: Strategy Formulation, Multi Business Strategies and Diversification: Focus on Diversification, the topic notes and the material relating to related and unrelated diversification on pages 255- 272 should inform your response to this question Q1- When organisations choose to diversify their operations they can either do so through related or unrelated business. Explain the differences between related and unrelated diversification. What factors would make an organisation choose the unrelated option rather than the related option? Provide examples to support your reasoning. What are the advantages and disadvantages of related diversification? (350 Words) Q3- Using the value chain concept explain the differences between related and unrelated diversification strategies. (150 Words) Topic eight: The Topic notes do not cover International Strategy, International Strategies are however one of the strategic opportunities open to organisations. The pages of the text to read to inform your response to this question are pages 316- 324. Q1- Expanding internationally is a strategic option for many firms: (a) Identify the four reasons why an organisation might look to expand internationally. (200 Words) (b) Identify and describe five strategic options that an organisation might pursue in entering and competing in foreign markets and describe each in detail by using extensive of examples .in putting together the answer? (200 Words) Topics Ten and Eleven: Strategy Implementation. In preparing for this question students should consider what needs to be done to successfully implement the organisations strategy. Figure 12.3 on page 347 of your text is the framework with which to develop your response to this question. Q1- Implementation is often described as the most difficult aspect of the strategic management process. The implementation process involves a focus on eight key issues. Identify the eight components of the implementation process and through the use of examples detail the key issues associated with each. (200 Words) Q2- Identify the key features of organisational culture, what role does culture play in strategy development and implementation? (200 Words) Q3- Identify the ten key tasks to be accomplished if a strategy is to be well executed. Choose five (5) of the ten (10) tasks and explain why they are important from a strategy implementation perspective 400. (400 Words) Q4- What are the difference(s) between capabilities, competencies, core competencies and distinctive competencies? How do these differences inform the crafting of strategy by management? (200 Words)

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