Question: Question One (a) Use an example to explain how a competitive strategy can be said tto gfacilitate the success of a firm. (10 marks) (b)

Question One (a) Use an example to explain how a

Question One (a) Use an example to explain how a competitive strategy can be said tto gfacilitate the success of a firm. (10 marks) (b) Explain the role of a company's external environment in the formulation of strategy. Give an example (10 marks) (c) Explain the significance of a company's capability in the development of a business strategy. Give an example. (10 marks) (d) Mr. Benjamin Mukena is employed as a General Manager at a Zambian subsidiary of an international company. The company is owned by two brothers who live in Switzeland. Mr. Mukena has proposed to his bosses in Switzerland that some money be set aside in the company's 2021 budget towards corporate social responsibility. Before approving the budget line on corporate social responsibility, Mr. Mukena has been requested to justify why the company should be involved in corporate social responsibility in Zambia when the company pays taxes. 1

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