QUESTION 1 Your main textbook says that the three challenges that all strategists face today may be summarized as art vs science, visible vs hidden, and top down or bottom up What is the difference between the challenge that a firm faces and that of a zakat collection and distribution center (ZCDC) Discuss each of the challenges (a, b, and c) listed in the table below The table is provided as a visual aid (12 marks) FIRM ZCDC Difference a) art vs science in strategic management process b) visible vs hidden strategies c) top down or bottom up management process Note ZCDC A zakat collection and distribution center How to evaluate the financial performance of a ZCDC Discuss by using only one factor or point (7 marks) What specific principle of Maqasid al Sharia can you use to justify your evaluation approach in sub question b Explain (6 marks)

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Question: QUESTION 1 Your main textbook says that the three challenges that all strategists face today may be summarized as art vs. science, visible vs. hidden,

QUESTION 1

Your main textbook says that the three challenges that all strategists face today may be summarized as art vs. science, visible vs. hidden, and top-down or bottom-up.

What is the difference between the challenge that a firm faces and that of a zakat collection and distribution center (ZCDC)? Discuss each of the challenges (a, b, and c) listed in the table below. The table is provided as a visual aid.

(12 marks)

	FIRM	ZCDC	Difference
a) art vs. science in strategic management process
b) visible vs. hidden strategies
c) top-down or bottom-up management process

Note: ZCDC - A zakat collection and distribution center

How to evaluate the financial performance of a ZCDC? Discuss by using only one factor or point.

(7 marks)

What specific principle of Maqasid al-Sharia can you use to justify your evaluation approach in sub-question b? Explain.

(6 marks)

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