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Describe the strategic management process

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Reference no: EM132116461

1. Explain what planning is and why it is important in an organisation.

2. Explain the nature and purpose of different types of plans carried out in an organisation.

3. Discuss the difficulties that managers face while formulating plans and the ways of limiting them.

4. Discuss how organisations develop plans to meet eventualities.

5. Discuss the various techniques used for assessing the environment of an organisation.

6. Describe the strategic management process.

7. Describe Porter’s strategies for assessing the competitiveness of an industry.

8. Discuss portfolio analysis and how it helps in strategic planning.

9. Discuss the meaning and purpose of planning.

10. Explain how planning is carried out at the different levels in an organisation.

11. Discuss the relationship between planning and performance.

12. Differentiate the types of plans present in an organisation.

13. Describe the planning process.

14. Discuss the nature of contingency plans.

15. Differentiate between the different contingency plans.

16. Discuss the pitfalls of planning.

17. Discuss how environmental scanning and benchmarking help in developing effective plans.

18. Describe the tools used in planning.

19. Discuss the process of management by objectives.

20. Differentiate between strategic planning and strategic management.

21. Describe the strategic management process

22. Discuss the different strategic tools used in planning.

23. Explain the models of strategic management.

24. Explain entrepreneurship in relation to strategic planning amondPro-Regular'>25. Define creativity in an organisation.

Reference no: EM132116461

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