Briefly describe the methods used in strategic planning

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Reference no: EM132996243

BSBMGT616 Develop and implement strategic plans

Assessment 1 - Written Questions

1 Outline how the following legislation, regulations and codes of practice are relevant to an organisation's strategic plan. Respond in no more than 200 words in total.
a. Work Health and Safety Act 2011 (WHS Act)
b. Fair Work Act 2009 and the Fair Work Regulations 2009.
c. Anti-discrimination legislation and ethical principles contained in the following federal legislation:
• Age Discrimination Act 2004
• Disability Discrimination Act 1992
• Racial Discrimination Act 1975
• Sex Discrimination Act 1984

2 Briefly explain strategic risk management and outline the steps involved in the process in no more than 200 words.

3 Explain the following risk factors relevant to strategic planning and how an organisation can manage these risks, in no more than 200 words each:
a. Intellectual property rights and responsibilities
b. Regulatory risks

4 Briefly describe the following methods used in strategic planning, using at least one example for each factor, in no more than 250 words each.
a. Political, economic, social and technological (PEST) analysis
b. Strengths, weaknesses, opportunities and threats (SWOT) analysis

5 Outline the process for developing or revising organisational values, in no more than 200 words.

Reference no: EM132996243

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