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QUESTION 1
Strategic Management is currently the core of business policy discipline everywhere
(a) Define Strategic Management
(b) Write short notes on the four important elements of Strategic Management
QUESTION 2
Nowadays no business enterprise can thrive on the profit motive alone for long and if it has to succeed, business must be conscious and alive to its social responsibility as well. What are the factors that have contributed to the growing concern of business for the welfare of society? Write short notes of each one of them
Q. Illustrate about Asset turnover - performance ratios? Asset turnover = Turnover / Total assets or Capital employed This shows how
The provision of services or products that offer advantages different from those of competitors and that are widely valued by purchasers.
Question 1: What is strategy? Discuss Whittington's four generic approaches to strategy. Which approach would be most suitable to Toyota? Question 2: Research has shown
Q. Managing value based management? Strategic selection of projects that create high shareholder wealth. Resource allocation and funding should have a recognised oppor
Transfer pricing is applied internally within a group for management accounting purposes e.g. to measure the performance of divisions. Increasing or decreasing an internal transf
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
Q. Explain about Financial analysis? The objective of financial statements is to provide information to all users of accounts to help them for decision-making. Note that most
how might the principles of hyper competitive strategy b apllied to a fashion retailing industry
Q. Divisional structures – product organisation? The functional structure is normally adopted by an entrepreneurial structure e.g. small business, because the organisation grow
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
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