Describe the byte products inc industry

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Reference no: EM133236735 , Length: Word Count: 2500 Words

Strategic Management Assignment -

Learning Outcomes -

1. Recognize the basic concepts and terminology used in Strategic Management.

2. Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations

3. Demonstrate how executive leadership is an important part of strategic management.

Section I - Case study

Read case study - The Recalcitrant Director at Byte Products, Inc., and answer the following questions:

Q1. Describe the "Byte Products, Inc" industry (competitivity, rivals, growth, stakeholders...).

Q2. Draw the SWOT matrix for "Byte Products, Inc".

Q3. What is the major problem of "Byte Products, Inc" and what are the main solutions provided to this company in order to improve its competitive advantage?

Q4. Describe the plan suggested by the board of directors to improve the demand.

Q5. What can you recommend to "Byte Products, Inc" in order to improve the demand for its products and ameliorate its competitive advantage? Justify.

Section II - Discussion questions

Q1. Is social responsibility a driver of a corporate competitive advantage? How? Justify your answer using examples from Saudi Market.

Q2. Briefly describe a successful story of a strategic alliance between two companies from the real (national or international) market.

Note. To improve your answers, you are requested to use at least 5 recent scientific references.

Reference no: EM133236735

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