Question: QUESTION TWO (a) Strategy involves people especially managers who decide and implement strategy. Explain any five (5) characteristics of strategic decisions [5 MARKS] (b) When

QUESTION TWO

(a) Strategy involves people especially managers who decide and implement strategy. Explain any five (5) characteristics of strategic decisions [5 MARKS]

(b) When choosing a strategy, firms make choices among competing alternatives as the pathway for deciding how they will pursue Strategic Competitiveness. Explain the concept of strategic competitiveness and demonstrate using industry examples how firms achieve strategic competitiveness. [10 MARKS]

(c) Using practical industry examples, explain how the strategic management role differs in nature from other aspects of management. [5 MARKS]

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