Question $3($Managing technology and innovation$)2\mathrm{.}24\mathrm{.}1$ Show your understanding of a business management process by designing your

own generic model for the strategic management process. Question $2($Business and Technology Strategy$)$

$2\mathrm{.}1$ As a manager of the company, one of your subordinates approaches you with a

strategy for the new project your company is engaged in$.$ Develop a set of issues you

would ensure that his or her strategy addresses. $1\mathrm{.}3$ Ms Marawa wants to join a ladies' stokvel with her friends. She then chooses to be

the last one to receive the money so that she can have a lot of money at the end of the

year $($December $2023).$ In their stokvel, they each contribute R$2000$ at the end of each

month to the person who is supposed to receive the money.

$1\mathrm{.}3\mathrm{.}1$ Do you think that Ms Marawa made the right choice by choosing the last spot?

Recommend the best spot to Ms Marawa.

$3\mathrm{.}1$ llustrate with an and of a diagram and notes how old rechologies mature and gel

replaced by new technologies according to Foster.