Question: INSTRUCTIONS: Answer any FOUR (4) questions. All questions carry equal marks Question 1: A senior manager with a major company was overheard saying as follows:
INSTRUCTIONS: Answer any FOUR (4) questions. All questions carry equal marks Question 1: A senior manager with a major company was overheard saying as follows: "So long as laws are obeyed, ethical concerns have no place in business decisions. Businesses are not moral gatekeepers of the society. Ethics are a burden that business managers could do without". Do you agree with this statement? You must justify your answer using any analytical matrix and real-life illustrations. Question 2: Why do firms go global? Discuss the forces that are likely to propel the globalization of a business. Question 3: Discuss the importance of stakeholder management in corporate strategy discourse Question 4: "Cultural values and practices affect organisational values and practices": (a) Is there always a clear distinction between national culture and organisational culture? Illustrate your answer with appropriate examples. (b) Outline and discuss any four (4) strategies for managing corporate culture Question 5 (a) Outline and discuss Mintzberg's five-Ps approach to strategy (b) What are the critical benchmarks of an effective strategy? Question 6: Discuss the relevance of the Diamond theory in the Corporate Strategy. You must use relevant diagrams to illustrate your
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