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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.
Pharma Blitz develops and markets new technological products to be used in health care. The development of a new product operates as follows. When a new technology meets the requis
Discuss possible ways that a company could benefit from making customers more aware of environmental laws. Provide specific examples to support your rationale. Based on what you
I asked the wrong question last time. I asked it wrong. How does a project life cycle differ from a product life cycle?
The Central Evaluation Unit Task 1: Analyse and evaluate the processing of new applications at the CEUPU: • Create a process map for new applications • Calculate the cycle time for
Scrutinise the Process Sequences and Calculate Annual Cost A company produces a range of product, but the dominant demand is for three of them, A, B and C. The table shows the
Enumerate the major segmentation variables and provide real-life examples of segmentation done by firms for their products/services.
Explain about the economics of scope of lean production. Economies of scope: It is possible while resources as like machinery or labour can be shared to manufacture vari
WHAT IS MEAN BY RODUCT DESIGN IN OPERATION MANAGEMENT?
Activity Sampling - Process Design This is a method of finding the percentage occurrence of a certain activity by statistical sampling and random observation. It is used when
Demand for a surgical procedure at St. Elsewhere Hospital has increased steadily over the past few years: Year 1 2 3 4 5 Heart Transplants 45 50 52 56 61 Use the
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