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MNG3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 (620712) - DUE 16 September 2024 Course Strategic Planning IIIA (MNG3701) Institution University Of South Africa (Unisa) Book Practising Strategy $2.58   Add to cart
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MNG3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 (620712) - DUE 16 September 2024 Course Strategic Planning IIIA (MNG3701) Institution University Of South Africa (Unisa) Book Practising Strategy

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  • Course
  • Strategic Planning IIIA
  • Institution
  • University Of South Africa
  • Book
  • Practising Strategy

MNG3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 (620712) - DUE 16 September 2024 Course Strategic Planning IIIA (MNG3701) Institution University Of South Africa (Unisa) Book Practising Strategy

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  • July 17, 2024
  • 12
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • mng3701 assignment 2 complete answers semester 2

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ADMIN
[COMPANY NAME]

, Questions 1 a) Explain the importance of analysing the micro-
environment. Briefly explain any three approaches that can be used
to analyse the micro-environment. b) Use the information in the
case-study to Identify two strengths and two weaknesses. 10
MNG3701/101/3/2024 27 2 Strategic leaders can analyse a
particular competitor in the industry in detail by applying the four-
corner analysis to predict what a particular competitor will do in the
future. a) Briefly explain ‘the four-corner analysis’ b) Identify one
major competitor of Vodacom. c) Use the four-corner analysis to
analyse the competitor identified in b) above. 10


Sure, let's address each of these questions systematically:
Question 1
a) Importance of Analysing the Micro-Environment: Analyzing
the micro-environment is crucial for an organization because it helps
to:
• Understand Immediate Influences: It allows the organization
to understand the factors that directly affect its operations and
performance, such as customers, suppliers, competitors, and
intermediaries.
• Identify Opportunities and Threats: It helps in identifying
potential opportunities for growth and threats that could hinder
progress.
• Inform Strategic Planning: Insights from the micro-
environment analysis can inform strategic decisions, ensuring
that the organization adapts effectively to changes in its
immediate surroundings.

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