Describes techniques for developing organisational values

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Reference no: EM133039162

BSBSTR602 Develop organisational strategies - Greenwich Management College

Task 1 - Knowledge Questionnaire

Question 1

Outline five (5) legislation, regulations and/or codes of practice that may be relevant to an organisation's strategic plan.

Question 2

Define an organisation's strategic direction, vision and mission. Provide an example of each.

Question 3

Explain how to conduct the capability assessment of an organisation. Mention two (2) methods to conduct capability assessment in your answer.

Question 4

Explain what a SWOT analysis is and its use in strategic planning.
Provide two (2) examples of strengths, weaknesses, opportunities and threats in your answers.

Question 5

Explain what a PEST analysis is and its use in strategic planning.
In your answer, provide two (2) examples of the PEST components, political, economic, social, and technological factors.

Question 6

Research and provide a brief description of the following strategic planning methodologies:

Balance scorecard
Competitive analysis
Force field analysis

Question 7

Explain the role of cost-benefit analysis in strategic planning and how it can be performed. Mention two (2) cost-benefit analysis methods in your answer.

Question 8
Outline the value of cooperative ventures in strategic planning-mention three (3) types of cooperative ventures in your answer, including their key features.

Question 9

Outline why due diligence is key to effective strategic planning. Describe three (3) key features of the due diligence process in your answer.

Question 10

Assume that you work for Vodafone Australia. Identify two (2) strengths and two (2) weaknesses of two (2) potential competitors.

Question 11

Identify internal and external sources of information to gather data and information on:
• The organisation's market
• Competitors
• Customers base
• Vision, values and capabilities of the organisation

Question 12

Describes techniques for developing organisational values.

Question 13

Give three (3) practical examples of risks and risk management strategies relevant to strategic planning (with one of them related to intellectual rights and responsibilities).

Attachment:- Assessment Task - Develop organisational strategies.rar

Reference no: EM133039162

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