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Q
- Explain the Strategic Management Model and its usefulness in corporate strategic planning?
- How is structure related to strategy and how is strategy related to structure?
- Explain how the business environment can affect corporate strategy and planning?
- Explain the importance of carrying out a SWOT analysis prior to strategic implementation?
- What can make strategic implementation to be impossible?
- Explain how high unemployment, high interest rate, high inflation, and an increase in taxes can affect a business?
- Explain the corporate strategic planning process. What can be the implications of not following such a process?
A
- What is the difference between corporate planning and corporate strategy
- Explain the following corporate strategies giving examples of each:
a) Joint venture
b) Acquisition
c) Take over
d) Attack strategies
e) Defence strategies
f) Diversification
g) Market penetration
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