Question: QUESTION 1 [ 2 0 MARKS ] a . Briefly state two ( 2 ) of the roles of strategic management for an operational firm.

QUESTION 1[20 MARKS]
a. Briefly state two (2) of the roles of strategic management for an operational firm. (4 marks)
b. Step nine (9) of strategic management process, according to Scarborough et al is establishing
measures and controls. State three (3) key performance indicators of any organization of your
choice. Give context to justify your choices. (6 marks)
c. Following the Covid 19 pandemic, the Government of Botswana regularly bans importation
from neighboring countries of some commodities, including fruit and vegetables. As Lesedi
General Dealer, you fresh produce from South Africa. Which aspect of the PEST would
identify this issue? (2 marks)
d. If you were an entrepreneur, state how you would investigate the reasons for Botswana's
frequent import prohibitions, given that the country provides government support programs,
such as grants, and low entry barriers into the horticulture industry? (2 marks)
e. Distinguish, using relatable examples, between Porters Differentiation and Cost Focus
strategies. (6 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!