Posted: November 17th, 2015
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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