a. In your lectures an overview of Strategic management was discussed. Discuss the key characteristics of the three approaches, and a key theory or model that typifies each. In your answer discuss in what circumstances each approach might be adopted.
b. There are differing views of managing ‘strategy’. Critically discuss three views of strategic management, and the importance for managers of understanding the organisational domain. In your answer define what is meant by the ‘organisational domain.’ Use examples to illustrate your answer.