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Question 1:
Describe the main growth strategies that a firm can pursue and discuss conditions that favour each strategic option. Support your answer with suitable examples.
Question 2:
Discuss the following statement:
"Post-action controls are sufficient to monitor the entire strategic planning process."
Question 3:
Identification of the best strategy alone does not guarantee success. It is therefore worth paying appropriate and adequate attention to how it is executed. Discuss.
Question 4:
Michael Porter proposed the value chain as an appropriate model to analyse the firm in terms of value-creating activities. Describe the value chain and discuss how firms can use it to create competitive advantages.
Question: (a) ‘Stock is often said to be the biggest evil in any business, yet firms still keep stocks.' Discuss the reasons for keeping stocks. (b) Discuss the main c
As a new entry-level manager, how important is to find ways to compensate for your relative lack of expertise when trying to determine which alternative before you is most likely t
Imagine that you are beginning the first social networking site, fast-food restaurant or pizzeria, and develop a brief business plan that highlight the financial, marketing and org
Four parts (A, B, C, and D) are processed through a sequence offour operations (1, 2, 3, and 4). Not all parts are processed inall operations. Part A, which has weekly quantities o
Jill and Seth, recent graduates, were hired as computer analysts for HRJ Enterprises. In a conversation over lunch, Jill discovered that Seth's salary was 15% higher than hers. Ass
Organizations periodically turn to _________ to meet demands for talent brought about by business growth and a desire for fresh ideas, or to replace employees who leave.
You are the Vice-President of Manufacturing for a company which manufactures small personal appliances. Your R & D department has designed a revolutionary, new type of electric t
What are four significant pieces of legislation that evolved from the civil rights act of 1964
What is the importance of consumer segmentation?
A firm that operates 300 days in a year and uses a level material usage approach has collected the following data: Annual Demand = 30,000; Daily Demand = 100; Daily production= 300
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