Question: How do you describe a turnaround strategy? When is it necessary and what does it entail? What is the PESTEL framework and what is its

How do you describe a turnaround strategy? When is it necessary and what does it entail? What is the PESTEL framework and what is its purpose? When a firm enters the international markets. explain the two opposing forces they face. Michael Porter is famous for his Five Forces Framework. What was the purpose of this framework and what is his theory? Organizations are structured differently. Most common structures are divisional, functional, matrix, multinational and project based. How does a company decide which structure is best suited for them? The two opposing pressures in the international markets result in four different strategies. What are they and how are they different What is the difference between deliberate strategy and emergent strategy? Give examples. Chapter 14 outlines two different leadership styles that are Transformational Leadership and Transactional Leadership. In your own words, briefly describe the differences between these two styles and give an example of when each style might be appropriate. Name three different companies and explain which of Porter's three competitive strategies they have adopted and why it is successful or not. Persuasion, collaboration, participation and direction are four styles of leadership that all leaders can use. Can all four of these styles be used for a transformative leader and can all four be used by a transactional leader? Why or why not
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