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Question 1
Explain the Portfolio Approach to Strategic Analysis and discuss its limitations.
Question 2
Write short notes on each of the following (questions carry equal marks):
(a) Explain the term ‘Competitive Advantage' (b) Give a schematic description of the Value Chain Concept (c) Describe the different types of diversification by Integration, giving examples. (d) Distinguish between the terms ‘Vision' and ‘Mission'. (e) Briefly describe Porter's Generic Strategies.
Question 3
Research has shown that the success of a strategy is strongly correlated to how it is implemented. Discuss the key issues that must be addressed when implementing a strategy.
Question 4
Discuss the following statement:
"A strategy can be monitored through operational controls only".
What is Restructuring?
Q. Explain about Position ratio - working capital ratio? 1 Current ratio (CA) or working capital ratio CA = Current assets / Current liabilities (times) The current
Discuss the ways in which the strategies of the functional areas of an organisation should support the other levels of strategy. In describing how the functional strategies sup
Q. Show the Arguments against the controllability principle? - Political arguments may occur over such costs which are more subjective than objective when determining controll
Q. Arguments for the controllability principle? - It would be considered fairer by a manager if they were not assessed on costs which are not within their own control. This is
groups and or teams will solve all the effectiveness and efficiency challenges facing the 21st century organisation
Q. Show the Modern methods of budgeting? A flexible budgeting system produces many budgets projecting costs and revenues over different ranges of production or sales volumes.
Strategy development processes Vision and mission statements There was no announcement about Aldi's mission statement, but it's vision relates to offer its customers in
1. Identify and discuss strategic capabilities (resources and competences) of the chosen company using appropriate strategy tools and identify strengths and weaknesses for the firm
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