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MNG4801 Assignment 2 2023 (876453) - DUE 25 July 2023
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[Date]MNG4801
Assignment 2
2023 (876453) -
DUE 25 July
2023
QUESTIONS WITH ANSWERS
lenovo
[COMPANY NAME]
, MNG4801 Assignment 2 2023 (876453) - DUE 25 July 2023
Mr Price’s management team heard that you are doing a postgraduate course
in strategic management, and they approach you and request that you offer
strategic advice and support to Mr Price on the following tasks (questions).
Read the Mr Price case study (Annexure C) and answer the questions that
follow. Important: You may NOT contact Mr Price or ANY employee or
stakeholder directly or indirectly involved with Mr Price or any other
organisation mentioned in the case study – ONLY make use of the case study
provided and the prescribed material. You may consult and reference peer-
reviewed academic sources. 21
Question 1:
DECLARATION 1
.Insert the declaration template (Annexure B) here and complete it as part of
yourassignment. Failure to complete the declaration of your own work will
result in a zero (0) mark for the entire assignment.
Question 2:
2.Discuss the strategic importance of the macro-environment on an
organisation’s situation. Aspart of your discussion, identify and describe the
specific macroenvironmental factors/forcesthat affected Mr Price. You need
to support your discussion by integrating the relevant theory inyour
discussion with practical examples from the case study. <Your answer should
be 1 page> Total: [10]
The strategic importance of the macro-environment on an organization's situation:
The macro-environment refers to the external factors and forces that can influence
an organization's operations, performance, and strategic decisions. These factors
are typically beyond the control of the organization but can significantly impact its
success. Understanding the macro-environment is crucial for strategic
management.
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