Strategic Management. 3. What is External Opportunities and Threats for businesses? 4. What is competitive advantage?
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1. What is Strategic Management Concepts?
2. Identify and explain TWO(2) benefits of Strategic Management.
3. What is External Opportunities and Threats for businesses?
4. What is competitive advantage?
5. Provide TWO (2) differences in between Business and Military Strategies.
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- 1. Drawing on your knowledge of the PESTEL model, analyse the external environment facing Severstal and identify the key external factors which impact on the company. 2. Using Porter's Five Forces framework, analyse the attractiveness of the global steel Industry in Severstal which ope Support your analysis with evidence from the Severstal case study. 3.Using Porter's Generic Strategies, analyse the competitive strategy employed by Unilever.Support your analysis with evidence from the Unilever case study. 4. Using the Ansoff's matrix, analyse the direction of growth that Unilever has undertaken to grow their busi Provide recommendations for Unllever's future growth.3. Among the six elements of strategic thinking, which one do you think you strongly possess? Which one are you yet to develop? Explain your answer. 4. Why is it practical that both strategic analysis and intuitive thinking should be used? Explain your answer.Mangement What are the key principles and elements of effective strategic planning, and how do they contribute to an organization's success in a dynamic business environment?
- For a suitable Jamaican company, you are to propose suitable and appropriate strategies for each of the four quadrant contained in the Ansoff Matrix. It is not sufficient to simply define each strategy and regurgitate the information you sourced from the internet. You must provide practical, relatable and appropriate examples from the company to show how each strategy that you have outlined could be applied in real-life scenarios, based on the company's situationHow might the firm utilize a business-level cooperative strategy to create a competitive advantage? Of the four business-level cooperative strategies, Complementary strategic alliances: vertical or horizontal, Competition response strategy, Uncertainty-reducing strategy, and Competition reducing strategy, which is most likely to be of significant value to your team's firm? Why? What are the risks associated with this strategy and how might they be managed? What internal governance mechanisms would you propose to monitor managers' decision-making?Explain in brief the concept of strategic thinking? And illustrate five (5) ways to improve individual strategic thinking skills?
- Select an organization. Determine the organization's strategic management, planning, implementation, and monitoring process. How effective is their strategic management process? How well does their strategic management process align with their results? How can you tell? What factors contribute to their overall effectiveness? Briefly present and discuss such aspects. If there are many, select the top three to discuss.1. How do you analyze both internal and external environments?2. Why is matching internal with external factors such an important strategic management activity?2. The strategic management process cannot be formulated and implemented without effective strategic leadership. As a final year student, you have an opportunity to enter a management trainee programme at a leading banking institution in Jamaica that will potentially lead to a very rewarding career. As a prerequisite, the company asked you to critically analyse the five key roles of the strategic leader in the organization. In your analysis use examples related to the banking institution.