Question: PART B: SHORT ANSWER QUESTIONS Answer ALL questions from this section. Each question carries 8 marks. 1. List down the generic strategles suggested by Porter

PART B: SHORT ANSWER QUESTIONS Answer ALL

PART B: SHORT ANSWER QUESTIONS Answer ALL questions from this section. Each question carries 8 marks. 1. List down the generic strategles suggested by Porter and their characteristics. 2. Provide a brief description of each of Porter's Five Forces 3. Describe the differences between the resource-based and market-based views for strategic management in SMEs. 4. How do the key issues for strategie management in not-for-profit organizations differ from those for commercial companles

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