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QUESTION
(a) Any coherent strategy should have four important elements (Saloner al). Write short notes on each of the four elements
(b) Modes of Strategic Management are the approaches adopted by Managers in formulating and implementing strategies. Managers generally use one of the three major approaches to Strategic Management: entrepreneurial, adaptive and planning (Mintzberg, 1973). Write short notes on each of these three approaches.
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Discuss the ways in which the strategies of the functional areas of an organisation should support the other levels of strategy. In describing how the functional strategies sup
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Advantages of divisional structures - Quicker decision making e.g. autonomous divisions do not have the long-winded process of a long chain of command when making competitive d
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Q. Benefits of shared service centres ? ¸ Economies of scale e.g. sharing overhead of a centralised function or process across divisions in the same group, it avoids divisions
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