Q1: THE FUNDAMENTAL NATURE OF STRATEGIC MANAGEMENT REQUIRES THE AWARENESS & UNDERSTANDING OF OUTSIDE FORCES &...

 

 

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Q1: THE FUNDAMENTAL NATURE OF STRATEGIC MANAGEMENT REQUIRES THE AWARENESS & UNDERSTANDING OF OUTSIDE FORCES & ENCOURAGES STRATEGIC MANAGERS TO ADOPT NEW IDEAS. ELABORATE. (20 marks) Q2: EXPLAIN WHY INTERNAL ASSESSMENT IS SUCH IMPORTANT FOR STRATEGIC FORMULATION? HOW STRATEGISTS WILL USE THE INTERNAL AUDIT FOR EFFECTIVE STRATEGY FORMULATION ? (20 marks) Q3: AN ORGANIZATION STRUCTURE THAT CORRESPONDS TO THE VALUE CHAIN WILL IMPROVE THE FIRM'S ABILITY TO CREATE AND MAINTAIN COMPETITIVE ADVANTAGE. EXPLAIN . (20 marks) Q1: THE FUNDAMENTAL NATURE OF STRATEGIC MANAGEMENT REQUIRES THE AWARENESS & UNDERSTANDING OF OUTSIDE FORCES & ENCOURAGES STRATEGIC MANAGERS TO ADOPT NEW IDEAS. ELABORATE. (20 marks) Q2: EXPLAIN WHY INTERNAL ASSESSMENT IS SUCH IMPORTANT FOR STRATEGIC FORMULATION? HOW STRATEGISTS WILL USE THE INTERNAL AUDIT FOR EFFECTIVE STRATEGY FORMULATION ? (20 marks) Q3: AN ORGANIZATION STRUCTURE THAT CORRESPONDS TO THE VALUE CHAIN WILL IMPROVE THE FIRM'S ABILITY TO CREATE AND MAINTAIN COMPETITIVE ADVANTAGE. EXPLAIN . (20 marks)

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Q1 The fundamental nature of strategic management indeed requires awareness and understanding of outside forces such as the external environment in which an organization operates In todays dynamic and ... View the full answer