Strategic management
Learning outcomes:
- Understand the contribution of various functional areas e.g. production, marketing, purchasing, and supply management to the overall well-being of the organization (Lo 1.2.)
- Gain insights into the strategy-making processes of different types of organizations (Lo 1.7)
- Identify appropriate strategies for different situations (Lo 3.1).
Assignment Questions (5 Marks)
Consider the same company ‘X’ that you have already used in assignment 1 and answer the following questions
- Describe the roles of directional, marketing, operations and human resource strategies in the overall well-being of your selected company. (2 marks)
- Classify the products of your selected company based on the BCG matrix. (fill out the table in the answer sheet) (1 mark)
- Describe at least one partnership that your selected corporation has with other companies (es). Is it successful? Justify. (1mark)
- Describe the structure of your selected company. (1 mark)
Assignment Answers:
- Describe the roles of directional, marketing, operations and human resource strategies in the overall well-being of your selected company. (2 marks)
Answer:
………………
- Classify the products of your selected company based on the BCG matrix. (fill out the following table) (1 mark)
Answer:
Table 1. BCG matrix of the company ‘X’
Stars Question Marks
1.
1.
Cash Cow Dogs
1.1.
Relative market share
- Describe at least one partnership that your selected corporation has with other company (es). Is it successful? Justify. (1mark)
Answer:
………………
- Describe the structure of your selected company. (1 mark)
Answer:
Strategic management 2………………