Question 1:
Strategic change is a stable feature of the modern business environment. Explain how strategic change can be managed effectively.
Question 2:
(a) Sketch out the role and scope of SWOT Analysis.
(b) Use SWOT to conduct an analysis of organisation’s environment with which you are familiar.
Question 3:
(a) Describe the Lean concept.
(b) “It is suggested that the two concepts of value stream and waste are at the heart of lean thinking”. Explain.
Question 4:
Increasingly many commentators argue that the nature of competition is not between companies, however rather between supply chains. Explain this statement.