MNG3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 (620712) - DUE 16 September 2024
41 views 0 purchase
Course
MNG3701
Institution
MNG3701
Book
Practising Strategy
Here’s a comprehensive list of 100 questions and answers
based on the Strategic Planning IIIA (MNG3701) course
and the book "Practicing Strategy" by Graham et al.
These questions cover various aspects of strategic
planning, from foundational concepts to more advanced
topics.
MNG3702 Latest exam pack questions and answers and summarized notes for exam preparation.
MNG3702 EXAM PACK 2024 - DISTINCTION GUARANTEED
All for this textbook (218)
Written for
MNG3701
MNG3701
Seller
Follow
ProfessorSarah
Content preview
Here’s a comprehensive list of 100 questions and answers
based on the Strategic Planning IIIA (MNG3701) course
and the book "Practicing Strategy" by Graham et al.
These questions cover various aspects of strategic
planning, from foundational concepts to more advanced
topics.
Questions and Answers
1. What is strategic planning?
2. Why is strategic planning important for
organizations?
3. What is the PESTEL framework?
4. How does Porter’s Five Forces model
help in industry analysis?
5. What is SWOT analysis and how is it
used?
6. Define a vision statement.
7. What is the purpose of a mission
statement?
,8. What is the difference between
business-level and corporate-level
strategies?
9. What is cost leadership strategy?
10. Describe differentiation strategy.
11. What is a focus strategy?
12. What is diversification in corporate-
level strategy?
13. What does vertical integration involve?
14. Define strategic alliances.
15. What are action plans in strategy
implementation?
16. Why is resource allocation important
in strategy implementation?
17. How does organizational structure
impact strategy implementation?
18. What role does leadership play in
strategy implementation?
, 19. What are performance metrics?
20. How are feedback mechanisms used
in strategic control?
21. What is strategic review?
22. Explain the concept of dynamic
capabilities.
23. Why is innovation important in
strategic planning?
24. What is the significance of
sustainability in strategy?
25. How does ethical consideration
influence strategic planning?
26. What are the benefits of using case
studies in strategic planning?
27. What challenges might organizations
face in strategic planning?
28. How does globalization impact
strategic planning?
The benefits of buying summaries with Stuvia:
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
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ProfessorSarah. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R54,39. You're not tied to anything after your purchase.
