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Exam (elaborations)

COM2602 Assignment 1 Semester 2 2024

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COM2602 Assignment 1 Semester 2 2024 QUESTIONS WITH ANSWERS

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  • July 24, 2024
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COM2602 Assignment 1
Semester 2 2024




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,COM2602 Assignment 1 Semester 2 2024




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

1.1.1 Discuss the concept of strategy and its extensions.

Concept of Strategy

Definition: Strategy is a comprehensive plan of action designed to achieve long-term

goals and objectives. It is the overarching direction that guides decision-making and

resource allocation within an organization. Strategy involves setting objectives,

analyzing competitive environments, assessing internal capabilities, and implementing

coordinated actions.

Extensions of Strategy

1. Corporate Strategy:

, o Scope: Determines the overall scope and direction of the organization.

o Focus: Involves decisions related to mergers and acquisitions,

diversification, and entering new markets.

o Objective: To achieve sustainable competitive advantage and create

shareholder value.

2. Business Strategy:

o Scope: Focuses on how to compete successfully in particular markets.

o Focus: Involves decisions related to product differentiation, cost

leadership, and market positioning.

o Objective: To outperform competitors and achieve a competitive

advantage in specific markets.

3. Functional Strategy:

o Scope: Deals with specific functions within the organization, such as

marketing, finance, HR, and operations.

o Focus: Involves decisions related to optimizing functional activities to

support business and corporate strategies.

o Objective: To ensure that each functional area contributes effectively to

the overall strategy.

4. Operational Strategy:

o Scope: Focuses on the day-to-day operations of the organization.

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