Posted: November 17th, 2015

Strategic Management

Strategic Management

1.   A. What is the value of the game theory to strategist? In answering this question you will be

required to briefly explain what the game theory is but your focus should be on the practical value of

understanding the theory to a manager in today’s competitive market place.

B. What are the five levels of a product ? Define the five levels of product and clearly show which level

should be closely linked with the different ion  strategy . Please illustrate your answer with examples.

2. In most situations companies compete against each other. There are, how ever, instances    when

collaboration would be a better strategic choice than competing. Discuss the benefits and reasons of

collaboration. Discuss also what challenges multinational companies that seek to collaborate with companies

from other countries might face and what can be done to overcome such problems.
3.Some industries operate under hyper competitive conditions. What is meant by hyper competitive conditions

and what are the characteristics of successful hyper competitive strategies ? You will be expected to

discuss at least four 4 of these characteristics. Make sure that you provide examples of real companies to

illustrate your answer.

4. What is the purpose of the strategic clock? What is the value of understanding this concept  to strategic

management? In answering this question you will be expected to describe , with examples , with strategic

clock, and to explain how better strategic applications can be derived from the wise application of this

concept.

5.a.The robustness of a company strategic capability can be  affected by four factors. Explain what these

factors are and provide examples to demonstrate the impact of these factors on the robustness of a company

strategic capabilities you will be expected to engage real organisational examples to support your answer.

b.what are strong and weak environmental signals? Please provide examples to support your definition and

discuss why it is strategically  important to read weak and strong signals?

c. Define change management? What are the characteristics of change management illustrate with 3 examples.

What are  disadvantages and advantages of change management?

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