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Question 1:
An organisation has to scan the external environment to identify possible opportunities and threats and the internal environment for its strengths and weaknesses before it can start on strategy formulation.
a) Describe the important constituents of micro and mega environment.
b) The impact of technological development on strategy is not only fast but is far-reaching. Do you agree? Discuss
Question 2:
Professor Ansoff explained the concept of strategy as the common thread among the organization's activities and product markets-that defines the essential nature of business that the organization was or planned to be in future.
(a) Explain the concept of strategic management.
(b) In what ways can strategic management be beneficial to a tourism sector?
(c) How can strategies ensure organizational effectiveness?
Q. Explain about Trade receivable days? {Yearend trade receivables / Credit sales (or turnover)} x 365 days This is the average length of time occupied by customers to pay
QUESTION As a member of a strategic management team, you are assigned to write a functional report on the future of the ICT industry in Mauritius. You are expected to consider
Items purchased from a vender cost $20 every, and the forecast for the next year's require is 1,000 units. The cost of placing an order is estimated to be $5 each time an order is
Problem 1: a. Prepare a short notes on Normal distribution. b. The probability that an employee getting occupational disease is 20%. In a firm having five employees, what is th
Most executives are related with business planning. A business plan is typically written every year and includes things like a marketing plan, cash flow projections, a mission stat
explain strategy as an organisational process
Q. Concept of clan - cultural control? Clan control requires a common understanding of norms and standards amongst an organisations diverse membership e.g. staff and team membe
How would you respond to Coca-Cola’s change in sales policy? How would you ensure Pepsi’s board that this response will allow you to remain competitive and profitable?
is formal planning hinder for success
(a) Define the concept of strategic performance management. (b) Explain how the Balanced Score Card (BSC) is used to connect strategic planning to performance measurement in
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