100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MNG4801 MAY SUPP 2023 $7.33
Add to cart

Essay

MNG4801 MAY SUPP 2023

 9 views  0 purchase
  • Course
  • Institution
  • Book

MNG4801 MAY SUPP 2023

Preview 3 out of 16  pages

  • January 17, 2024
  • 16
  • 2023/2024
  • Essay
  • Unknown
  • A+
avatar-seller
passmatetutorials@gmail.com MNG4801 SUPP EXAM 2023
0612521185/0717513144/0680538213

DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE REPORT IS NOT
PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A POSSIBLE
SOLUTION TO THE TASK CONSISTENT WITH THEORY OF STRATEGIC
MANAGEMENT. THIS EXAM GUIDE IS INTENDED TO ASSIST STUDENTS IN GETTING
STARTED WITH THEIR EXAM PREPARATION AND IN NO CASE THIS DOCUMENT
SHOULD BE USED FOR CHEATING. WE BELIEVE THIS WILL BE A GOOD STARTING
POINT AS IT WAS PREPARED BY OUR TEAM OF PROFESSIONAL PRIVATE TUTORS
WHO ARE EXPERTS IN THE FIELD, AND IT WAS PREPARED USING VARIOUS
SOURCES. ANY SIMILARITY WITH ANY EXISTING THEORY OR DISCUSSION BY
OTHER AUTHORS IS EXCUSED. THE AUTHORS HOWEVER DO NOT CLAIM
MONOPOLY TO KNOWLEDGE HENCE MODIFICATION OF THE ANSWERS CONTAINED
IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT CONTRIBUTES TO
EXPANSION OF KNOWLEDGE. FOR ANY FURTHER GUIDELINE ABOUT THE
INFORMATION CONTAINED HERE AND THE MODULE IN GENERAL, CONTACT
PASSMATE TUTORIALS.

WE ASSIST WITH OTHER MODULES INCLUDING:

ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI, MNMs,
MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others.

WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION PREPARATION,
RESEARCH AND RESEARCH PROPOSALS, DISSERTATION EDITING etc.

OTHER THAN UNISA, WE ALSO ASSIST STUDENTS AT VARIOUS INSTITUTIONS
INCLUDING MANCOSA, REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ, UP etc

For any enquiries the following numbers can be used for calling, sms, whatsapp and
telegram


CONTACT PASSMATE TUTORIALS @061 262 1185/068 053
8213/0717 513 144 or email passmatetutorials@gmail.com

,passmatetutorials@gmail.com MNG4801 SUPP EXAM 2023
0612521185/0717513144/0680538213

Table of Contents

Question 1: ................................................................................................................. 3

Question 2 .................................................................................................................. 7

Question 3 ................................................................................................................ 10

, passmatetutorials@gmail.com MNG4801 SUPP EXAM 2023
0612521185/0717513144/0680538213

Question 1:

Critically discuss the inside-out and outside-in perspectives that strategic
leaders adopt when managing strategically. Briefly introduce each of these
perspectives theoretically and argue which one of these has been adopted by
Paul Saad. Use examples from the case study to support your discussion. No
marks will be awarded for drawing figures.

Inside-out perspective

The inside-out strategy is a business and marketing approach that prioritises the
internal capabilities and strengths of an organisation, including streamlined
protocols, efficient processes, and a skilled workforce (Louw & Venter, 2019). The
primary objective of this strategy is to maximise the utilisation of these resources to
develop a valuable product or service that can be marketed to potential customers.

An inside-out strategy in business involves starting with an idea, acquiring the
necessary talent to execute the concept, and subsequently developing it. The
objective is to communicate to the public how the new product or service can
enhance their lives by making it more convenient, enjoyable, or fulfilling. A case in
point of an inside-out strategy is a company that designs a unique product not driven
by market demand but by the conviction that the product has the potential to be a
desirable commodity. The company can then allocate its resources towards
producing a product of the highest quality, which in turn draws in customers.

Outside-in perspective

The outside-in approach entails prioritising the identification of consumer needs over
an organization's internal strengths. This approach involves addressing market gaps
that existing products and services fail to satisfy (Widayanto, 2022). To implement
this strategy, an organisation must conduct research to comprehend the market's
orientation that it intends to target. This approach compels businesses to adopt a
consumer-centric perspective and develop products or services that offer evident
value. For instance, Saad's objective was to create a nutritionally dense product that
was free from preservatives, gluten, and lactose. The individual conveyed that the

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller passmatetutorials. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.33. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

52355 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.33
  • (0)
Add to cart
Added