Question: Instructions: Page Limit: 5 - 6 pgs . Font Size: 1 2 Times New Roman Line Spacing: 1 . 1 5 Group size: 5 members

Instructions: Page Limit: 5-6 pgs. Font Size: 12 Times New Roman Line Spacing: 1.15 Group size: 5 members per group Division of Labour: Each question has five main components numbered a e. Eachgroup member must be responsible for one of the sub-questions (1-1(1)/(2) pages).1. Environmental scanning is a critical component of strategic management, enablingorganisations to identify and respond to external opportunities and threats.a) b) c) Analyse the importance of environmental analysis in strategic management.Explain one analytical model used in scanning the environment.Using one Ghana Club 100 company as an example, and with the help of a PESTLEframework, conduct environmental analysis on the company and identify key strategicfactors (opportunities/threats) in the environment that impact the competitive postureand effectiveness of the firm.d) Discuss how the company has successfully utilised environmental scanning to informits strategic decisions.e) Discuss the challenges and limitations of environmental scanning and explain howorganisations can overcome these challenges to develop a robust environmentalscanning capability that informs their strategic decisions.12.3.4. Porters Five Forces Model of industry analysis has become a standard strategic managementtool for assessing the opportunities and threats of an industry and determining the attractivenessand profitability of various industries.a) Analyse the Porters Five Forces Model and explain how it can be used to assess theattractiveness of an industry.b) Using Porters Five Forces as a guide, analyse the competitive industry environment ofany one Ghana Club 100 company; and provide examples of how each industry forcecan impact an industrys profitability.c) How will you describe the industry structure and the nature of competition in theindustry? Identify and discuss how the five forces of industry structure operate in yourchosen industryd) Thoroughly discuss the barriers to entry into this industry. What advice will you giveto a new investor who wishes to enter the industry?e) Critically evaluate the strengths and limitations of the Porters Five Forces Model as atool for industry analysis.Strategies are unlikely to be effective without strategic vision, the guidepost that provides asense of direction and purpose from which the organisation charts its future.a. Analyse the role of strategic vision and mission statements in the strategy developmentprocess, and critically evaluate the importance of aligning strategic vision and missionwith organisational values, goals and objectives.b. State and discuss the strategic vision and mission statements of one Ghana Club 100company and discuss how these statements have influenced the strategic decisions andactions of the firm.c. Discuss how a clear vision and mission can facilitate strategic focus, innovation andchange; and evaluate how specific key elements of the vision and mission statementshave helped position your chosen company for gaining and sustaining competitiveadvantage.d. Explain how these statements provide direction, purpose and inspiration fororganisational stakeholders.Strategic management theories provide are a crucial guide to decision making and inform thedevelopment and implementation of effective strategies.a. Critically evaluate the significance of one major strategic management theory ininforming strategic decision making.b. What are the shortcomings of this theory and how can the theory be combined withother strategic tools, models and techniques to provide a more comprehensive approachto corporate strategy development?c. Using one Ghana Club 100 company as an example, analyse how one of these theorieshas been applied to shape the companys strategic decisions.2d. e. How did the theory help the company to adapt to shifts in market trends, technologicaladvancements, or regulatory changes?What were the outcomes of the application of this theory by the firm, and what lessonscan be learned from this example?5. Ansoff Matrix is the simplest strategic paradigm for developing growth strategies.a. Analyse the Ansoff Matrix as a tool for corporate strategy development and discusshow the matrix can be used to evaluate different growth opportunities.b. Explain the four growth strategies and discuss the advantages and disadvantages ofeach strategy.c. Using one Ghana Club 100 company as an example, describe how the company hassuccessfully applied one or more of these strategies to grow their firm in terms of profit,sales, structure, scope or market share.d. What were the outcomes of the application of this theory by the firm, and what lessonscan be learned from this example?e. What are the limitations of the Ansoff Matrix and how can the company overcomethese limitations to provide a more comprehensive approach to corporate strategydevelopment ?

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