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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.
The following payoff table provides profits based on various possible decision alternatices and various levels of demand at Amber Gardner's software firm
Prospective employers can conduct a credit check along with a background check to determine employment eligibility. Do you feel this is good business practice or an invasion of pri
Why are standards important in many industries? As standards get adapted and become dominant, how does this process influence the competitive nature of the industry? When Walmar
how to solve the problem?
(Land's End) Geoff Gullo owns a small firm that manufactures 'Gullo Sunglasses'. He has the opportunity to sell a particular seasonal model to Land's End. Geoff offers Land's End
Stan Fawcett's company is considering producing a gear assembly that it now purchases from Salt Lake Supply, Inc. Salt Lake Supply charges $4 per unit with a minimum order of 3000
Wally and Beaver were general partners in a car dealership. Using the partnership name, Wally entered into a contract to purchase 30 used cars from Car Lots. Car Lots was not aware
You have been appointed as a project manager for a high dollar project for the private sector and you have been asked by your boss to identify the stakeholder groups and the indivi
What effect does your organisation's facility layout have on the following (where appropriate): inter-process movement; health & safety; congestion; resource utilisation; work-in-p
A refinery in Houston replaces all of the 3" full-open ball valves in its facility according to a very strict maintenance policy which spaces replacements fairly uniformly througho
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