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QUESTION 1
The value chain is an important tool in strategic management. For instance, it can be used by a firm to improve its cost competitiveness. Discuss the options available to the firm to reduce cost while focusing on: (i) its own operations (ii) its suppliers and (iii) its distributors.
QUESTION 2
Discuss the various types of grand strategies that a firm can use to grow and boost sales. Support your answer with suitable examples
QUESTION 3
Pearce and Robinson propose four types of controls to evaluate and control strategies. Describe each of these types of controls
QUESTION 4
Write short notes on the following-
a) The Porter's five forces model
b) Role of the mission statement
c) Defensive strategies
Need and Purpose The personnel of an organisation play the most vital role by converting all the other resources into tangible products and services.. Therefore attention to
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understand the prospect for growth in global services
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Negotiations One of the most important activities performed by the supply managers is to negotiate agreements or contracts with the suppliers. Although supply management is de
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