Reference no: EM131734802

Question 1: The global recession forced thousands of firms into bankruptcy. Does this fact alone confirm that"external factors are more important than internal factors in strategic planning"? Discuss

Question 2: Distinguish between market commonality and resource similarity. Apply these concepts to two rival firms you are familiar with.

Question 3: What is corporate governance? What factors account for the considerable amount of attention corporate governance receives from several parties, including shareholder activists, business press writers, and academic scholars? Why is governance necessary to control managers'

Question 4: The forces outside the organization influence the various actions taken by management. Identify an African firm and design a model that adopts an external perspective and explain the linkages and characteristics of the conditions present in the external environment.

From the model, you are also required to determine four (4) strategies adopted by your chosen firm and the appropriateness of those strategies in giving your chosen firm a competitive edge.

Based on your assumptions or your model prescribed above, prescribe how a five-stepped process for your chosen firm will help it to achieve above average returns

Question 5: The resource-based model of above average returns is grounded in the uniqueness of a firm's internal resources and capabilities. Describe, a five-stepped model and identify the linkages between resource identification and strategy selection that will lead to above average returns.

Question 6: Industry analysts content that, the internet is becoming a valuable source of data and information for analyzing the general/macro/remote external environment. Identify four stages of conducting an external environmental analyses and demonstrate how the four components could be used to obtain significant opportunities for the firm's growth and attainment of competitive advantage in the African or Asian business landscape.