QUESTION 1
(a) Explain the steps involved in Strategic Planning Process.
(b) Using the different components of a mission statement, write a model mission and vision statement, which can be used by the organization in future, for a company involved in the IT sector?
QUESTION 2
(a) Explain Michael Porter's five forces model along with the three generic strategies.
(b) Explain with a diagram the Boston Consulting Group (BCG) Framework in Corporate Portfolio Analysis.
QUESTION 3
(a) Critically examine the importance of "Organisational Culture" in the implementation of strategy
(b) What is the importance of strategy evaluation in strategic management?