Question 1:
(a) What do you understand by the term diversification? Make a distinction between the dissimilar kinds of diversification.
(b) Provide the disadvantages and advantages of these kinds of diversification.
Question 2:
Illustrate out how the five (5) forces of Porter’s model can be employed by organisations to develop strategy.
Question 3:
Discuss and illustrate the six (6) components of external environment analysis.
Question 4:
What do you understand by the term strategy and describe how it is developed?
Question 5:
What do you understand by the term strategic management? Illustrate out its major features.
Question 6:
What is strategic change and how does it distinct from operational change?