Section B: Answer three questions in this section 1. Fairfields Clothing Retail Company has a weak competitive position in the clothing retail industry. In a bid to improve their competitive position, the management has decided to adopt strategic management. With the aid of a diagram, describe the strategic management process to the management of the company. (10 Marks) 2. In the process of implementing a growth strategy, Cosmo Electronics has decided to acquire Energy Synergies. The top management of Cosmo Electronics are aware that the acquisition will result in a potential clash of corporate cultures. Recommend to the management four methods that can be used to manage the different cultures. (10 Marks) 3. Outline and explain the four primary activities in Wilmart Automobile Limited that can give it an advantage over its competitors in the car manufacturing industry. (10 Marks) 4. Examine two benefits and two risks that Sabmart Company Limited could derive from pursuing a cost leadership strategy in the hospitality industry. (10 Marks)