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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.
Write a 200- to 350- word short-answer response to the following: • Identify and describe three limitations of the relational model and recommend strategies to overcome these li
What are three ways in which corporations can demonstrate a sense of social responsibility?
Consider the four major reasons for new business failure. Discuss what specific actions entrepreneurs can take to minimize or avoid these causes of failure
Describe your approach to tracking a project. What kinds of issues would you focus on if you were a project manager? Why?
Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating and communicating a strategic plan? Why?
Year 1 2 3 4 5 6 7 8 9 10 11 Demand 7 9 5 9 13 8 12 13 9 11 7 a) Plot the above data on a graph. Do you observe any trend, cycles, or random variations? b) Starting in yea
What are different benefits & limitations of Waiting Line Theory?
The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood
What are all the steps involved in work study?
What are the advantages of predetermined time standards (PTS)? Answer: Quicker and cheaper than time study; likely to be more reliable; valuable for estimating new jobs; can be
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