Question: Question 1 15 marks When managing strategically, leaders are often confronted with paradoxical situations. A paradoxical situation is defined as having two opposite facts, or

Question 1 15 marks

When managing strategically, leaders are often confronted with paradoxical situations. A paradoxical situation is defined as having two opposite facts, or qualities, which you would think could not both exist at the same time.

With the use of your own examples, discuss any three strategic paradoxes.

Question 2 (Marks: 10)

Competitive intelligence can be defined as the process of systematically scanning the business environment and identifying and assessing potential opportunities and threats. You are approached by Toyota Hatfield to advise them on competitive intelligence.

Summarise any three sources of competitive intelligence and how Toyota Hatfield may take advantage of these sources.

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