Question 1:
Explain and discuss each of the following strategic options for organisation.
(a) Protecting and building the organisation’s existing market position
(b) Product development
(c) Market development
(d) Diversification
Question 2:
Implementing new corporate strategies invariably involves the management of strategic change. Illustrate and discuss each of the following styles of managing strategic change.
(a) Education and communication
(b) Collaboration or participation
(c) Intervention
(d) Direction
(e) Coercion/edict
Question 3:
Using examples Illustrate and discuss how each of the following factors may influence the procedure of strategic management in organisations over the next decade.
(a) Technological change
(b) Social or cultural changes
(c) Social responsibility or environmental issues
(d) Computers and information technology