Strategic and risk management exercise

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Reference no: EM133186454

You are leading the academic department in one of the Private Tertiary Establishment (PTE) in Auckland, New Zealand. As a part of senior management, you always take part in strategic and risk management exercise conducted by senior management for the efficient and effective performance of the organisation. For the next senior management meeting, the CEO of the company asked all the managers to suggest strategies to cope with the challenge or change brought by the growing market competition in the industry in New Zealand.

NOTE: One appropriate and well-explained strategy for the challenge is required with appropriate justification.

References to be stated where appropriate.

Reference no: EM133186454

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