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Question 1:
a. Define strategic management and how it can be applied in an organisation.
b. When a company needs to adapt to change, what are the key strategic management questions one needs to ask?
c. Opportunities and Threats are defined as external factors, these are called analysis of trends. What are those trends?
Question 2:
a. Explain and describe Porters five forces model?b. We know from experience that the industry is very fragmented.
Many of these industries have underlying economic causes (fragmentation). What are the main causes of Fragmentation of the industry?
Question 3:
a. There are Specific Advantages of Mergers & Acquisitions, what are they? b. There are also Specific Disadvantages of Mergers & Acquisitions, what are they?
Prepare Congruence model
Question 1: (a) What is vibration monitoring? Explain, with examples, how can it be useful in industries. (b) Briefly, explain the sources of contaminants which are comm
targeting strtegics with live examples
Q. Explain Operating profit margin - performance ratios? Operating profit mar = (PBIT / Turnover) x 100% This is the ratio of operating profit to sales or turno
Q. What is Minimum pricing? The minimum transfer price an internal seller would accept will depend on whether it has spare capacity to utilise or not. If spare capacity e
Question 1: a) What is Strategic Management? b) What are the three stages of Strategic Management? c) Why strategy implementation often is considered the most difficult
Question: (a) The Bath-Tub curve is an important tool for understanding the reliability of engineering components in many different applications. It is viewed as a hazard funct
Comparison of Conventional and JIT Wisdom JIT philosophy Ideal lot size is 1 Balanced production is best Inventory is wasteful Eliminate waste Handle only so
Q. Problems of pursuing only profit objectives? - Conflict with other stakeholder goals for example customers will want a better service and not want to pay anymore, a better s
Q. Evaluate the Dividend yield? Creating shareholder value Dividend yield Dividend yield = (Dividend per share / Market share price) x 100% The dividend yiel
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