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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?
Perform external and internal audits Follow the strategic development content then Aldi can perform external and internal audits. In external audit is considered an important
What is Strategic Management
2000 words
Question 1: (a) What is vibration monitoring? Explain, with examples, how can it be useful in industries. (b) Briefly, explain the sources of contaminants which are comm
Q. Explain Performance ratios - Return on capital employed? Return on capital employed (ROCE) = (Profit before interest and tax (PBIT) / Capital employed) x 100% The
The amount and pace of market adoption.
Undertake the following tasks : 1. Develop a position paper for enhancing the organisation's strategic capability by influencing the strategy in action. 2. Evaluate the organ
Tatra is the world's third oldest car company, and produced a number of rather advanced streamlined cars during the course of its production run. Because spare parts and manuals ar
Protecting and strengthening the organization's position in its present markets by its current products
Q. Common aims of transfer pricing systems? The common aims of transfer pricing systems Motivate mangers: A transfer price ensures an internal cost is recognised by
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