Question: Possible points for each questiom Question 1 Planning is a key function of management, which relies on a number of frameworks and models to assist

Possible points for each questiom

Question 1 \"Planning is a key function of management, which relies on a number of frameworks and models to assist managers in the strategic management process.\" Describe each of the four (4) main quadrants on the BCG Matrix and evaluate the usefulness of this framework in the strategic planning process. (25 marks) Question 2 Describe the importance of Porter's model and outline how any two (2) of these forces inform the strategic planning process (10 marks) Question 3 \"Strategic Planning is the foundation management function upon which all others are built.\" (a) AS a manager engaged in the process of strategic planning, critically assess any four (4) activities you must consider. (20 marks) (b) Describe the three (3) competitive strategies proposed by Porter to assist managers with developing appropriate responses within the __ ompetitive environment. (15 marks)

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