Generic competitive strategies


Question 1:

(a) Illustrate out the term strategy implementation, and what problems might come out in implementing a strategic change?

(b) Who implements strategy in organisation and how can the best result be acquired?

(c) What must be done and how companies accomplish synergy in implementation process?

(d) How is strategy to be implemented?

Question 2:

(a) Comment on the generic competitive strategies as invented by Porter with the employ of suitable examples.

(b) In brief elaborate, with appropriate instances, your understanding of horizontal and vertical integration strategies.

Question 3:

Discuss and illustrate out the significance of following in any organization:

(a) Vision statement

(b) Mission statement

(c) Core values

Question 4:

Strategy evaluation and control is process of determining the effectiveness of given strategy in achieving organisational objectives and taking corrective action wherever required. Discuss and illustrate out the four (4) basic kinds of strategic controls.

Question 5:

Illustrate out and comment on major tasks of Strategic Management.

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Other Management: Generic competitive strategies
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