Reference no: EM133475569
Learning Outcomes:
CLO1.Recognize the basic concepts and terminology used in Strategic Management.
CLO2.Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations
CLO.4.Distinguish between different types and levels of strategy and strategy implementation.
Critical Thinking:
Question 1.
What is a learning organization? Discuss why is this approach tostrategic management better than the more traditionaltop-down approach in which strategic planning is primarilydone by top management.3 marks (max 350 words)
Give an example of a learning organization from the SAUDI market. Describe the mission statement and vision of this organization. In which way this organization is considered a learning organization? Is it successful? What are the main problems faced by this organization to implement this approach? Justify.5 marks (max 350 words)
Question 2.
Refer to Porter's forces driving industry competitiontoanswer the following questions:(max 500 words)
a. In your opinion, what is/are the most important force(s)in Porter's industry forces? Why?1 mark
b. What determines the level of competitiveintensity in an industry?1 mark
c. How can a decision maker identify strategic factors in acorporation's external international environment?1 mark
d. What are the main limits anddrawbacks of Porter's forces?1 mark
e. Choose an example of an organization from the Saudi market and draw the matrix of Porter's forces. What is the main force in this case? Assess the competitive advantageof your chosen organizationin relationto these forces. Suggest solutions to improve its position inthe market