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Assess the key elements that define strategy

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Reference no: EM132811147

i. Assess the key elements that define strategy and spell out the key elements of strategic management?

ii. Using examples, describe the following core terms of Strategic Management?

  • Dynamic capabilities
  • VRIN/O Framework
  • Strategic Lock in
  • Competitive Advantage
  • Levels of Strategy

iii. Evaluate as to how an organisation can use the Ansoffs Matrix to generate strategic options for an organisation? Use examples to illustrate your answer?

iv. The Balanced Scorecard is a tool which can be used to cascade the strategy of an organisation. Choose a company of your choice and construct a balanced score card using the 4 perspectives?

v. Draw a strategic group map for an industry of your choice and explain the strategic benefits of strategic group mapping?

Reference no: EM132811147

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