Question 1 a. Explain Strategic Management briefly (3 marks) b. List and explain TWO vertical integration strategies in business (2 marks) C. List and explain THREE intensive strategies in business (3 marks) d. List and explain TWO diversification strategies in business (2 marks) e. List and explain processes involved in strategic management (6 marks) f. Differentiate between capability and Core competencies (4 marks) (Total: 20 marks) Question 2 a. List and explain THREE types of tangible resources (3 marks) b. List and explain THREE types of intangible resources (3 marks) c. List and explain FOUR categories of Boston Consulting Group (BCG) Growth-Share Matrix (4 marks) d. List and explain EIGHTComponents of a Mission Statement (8 marks) e. Define business strategy. (2 marks) (Total: 20 marks) Question 3 a. Identify any SIX Benefits of Vision and Mission Statements (6 marks) b. List and explain any FIVE factors that directly influences a firm and its competitive actions in industry environment (5 marks) c. List and explain THREE factors affect the competitors in the same industry (3 marks) d. List and explain THREE different types markets in Competitive dynamics (3 marks) e. Explain THREE primary reasons firms diversify. (3 marks) (Total: 20 marks) Question 4 Discuss SIX reasons why firms use an acquisition strategy to achieve strategic competitiveness. (6 marks) b. List and explain any THREE forms of restructuring strategies in organization. (3 marks) What is Corporate Governance? (1 mark) Identify any EIGHT benefits of Corporate Governance (4 marks) f. Identify any SIX roles of top management in an organization (6 marks)