100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
COM2602 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. $2.57   Add to cart

Exam (elaborations)

COM2602 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.

 31 views  0 purchase
  • Course
  • Institution
  • Book

COM2602 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.

Preview 3 out of 17  pages

  • July 20, 2024
  • 17
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
COM2602 Assignment
1 (COMPLETE
ANSWERS) Semester 2
2024 - DUE August
2024 ; 100% TRUSTED
Complete, trusted
solutions and
explanations.




ADMIN
[COMPANY NAME]

,QUESTION 1 COMMUNICATION IN THE ORGANISATION
1.1 There is a debate between communicators in the field of
organisational communication regarding the role of
communication. Some commentators view communication as a
tactical activity in the organisation, manifested in such practices as
public relations or advertising. On the other hand, other
communicators argue that, in fact, communication has a strategic
role in the organisation. Taking this scenario into consideration:
1.1.1 Discuss the concept of strategy and its extensions. (15) 1.1.2
Explain whether communication has a strategic role or not. (10)
[25] 16

To address this assignment, we need to explore the concept of
strategy, its extensions, and the role of communication within an
organization. Here's a structured approach to answering the
questions:
1.1.1 Discuss the Concept of Strategy and Its Extensions. (15)
Concept of Strategy:
• Definition: Strategy is a plan of action designed to achieve
long-term or overall goals and objectives. It involves the
allocation of resources to pursue these objectives.
• Importance: Strategy provides direction, promotes
efficiency, and helps organizations navigate through
uncertainties and changes in the environment.
• Elements: Key elements include mission, vision, goals,
objectives, and the tactics used to achieve them.
Extensions of Strategy:
1. Corporate Strategy:

, o Focuses on the overall scope and direction of an
organization.
o Involves decisions on entering new markets, mergers

and acquisitions, and resource allocation across
business units.
o Example: A company deciding to diversify its product

line.
2. Business Strategy:
o Concerns how a business competes within a particular

market.
o Involves positioning, competitive advantage, and

differentiation.
o Example: A retail chain developing a unique brand

identity to stand out from competitors.
3. Functional Strategy:
o Focuses on specific functions within an organization,

such as marketing, finance, or operations.
o Aims to support the overall corporate and business

strategies.
o Example: A marketing strategy to increase brand

awareness through digital campaigns.
4. Operational Strategy:
o Involves the day-to-day operations and processes.

o Ensures that the organization’s strategic goals are

translated into actionable tasks.
o Example: Implementing a lean manufacturing process

to improve efficiency.
5. International Strategy:
o Involves strategies for entering and competing in global

markets.
o Considers factors like global supply chains, cultural

differences, and international regulations.

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 MasterVincent. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.57. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67474 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
$2.57
  • (0)
  Add to cart