Strategic Management

Strategic Management

Strategic management entails specifying the organization's mission, vision and objectives, developing policies and plans, which are designed to achieve these objectives, and then allocating resources to implement the policies and plans, projects and programs.

Attached at the end are 12 questions and their model answers for Strategic Management, the questions are:

Question 1

  • What do we mean by the nature of environment and how can we improve our understanding of it?

Question 2

  • A- What are the main characteristics of strategic decisions?
  • B- What measures can we use for assessing resource utilization? (how resources influence our strategy)

Question 3

  • Porter’s Model helps with the structural analysis of the environment. How does this model work?

Question 4

  • The resource factor cuts across all phases of strategic management, discuss?

Question 5

  • What are the main factors which shape and change values?

Question 6

  • A- Discuss the sources of power within the organization? B- Explain the method used for the selection of strategic options?

Question 7

  • Explain the strategic option that takes the organization away from its existing products and markets showing its main advantages and disadvantages and the appropriate methods for its implementation?

Question 8

  • Take any two operational areas and discuss the main elements of their strategies?

Question 9

  • Review the three areas relating to resources as part of planning the allocation of resources?

Question 10

  • A. Discuss the criteria used for evaluating strategic options?
  • B. Discuss the personal and political implications of strategic change?

Question 11

  • A- Discuss the concepts of centralization and decentralization and how their relationship to strategic implementation?
  • B- Discuss the personal and political implications of the reward system?

Question 12

  • Take any four influences on organizational design and show how they relate to your workplace?

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