MGMT3010 Strategic Management Assessment
- Subject Code :
MGMT3010
- Country :
Australia
- Define modern strategic management?
- Why is success in the implementation of strategy is critical for improving organisational performance?
- How could a firm protect itself and grow in an industry characterised by low barriers to entry?
- What are the exit barriers from the industry?
- Which is more important in explaining the success and failure of companies in the rapidly changing environment: the ability to improvise or strategise? Why?
- Why do we need to understand dynamic capabilities?
- Check your understanding: how dynamic capabilities enable a company to adapt its internal and external competences in order to survive in a rapidly changing environment?
- When are resources and competencies valuable for a firm?
- Why do not firms try to maximise their economies of scale and run their operations on the largest possible scale?
- does cost advantage always lead to higher profits in organisations?
- How can firms implement an integrated approach of cost leadership and differentiation?
can a firm use cost leadership business-level strategy and differentiation strategy simultaneously? - why is diversification such an important component of a firm's strategy?
- Does a firm need to diversify across different businesses in order to benefit from economies of scope?
- Explain the reasons of failure of merger and acquisition activity .
- Explain, why competition occur at a network level rather than at an organisational level?
What are the benefits of strategic alliances? - Explain the benefits of a global strategy ?
- Why new competitive landscape calls for partnerships?
- Explain, what is strategy evaluation?
- How is the Waterman and Peters 7S Model used for the purpose of strategy evaluation?
