Explain the levels of involvement in strategic management and the role of staff/employees at each level (senior-level and middle-level). How does the strategy hierarchy facilitate this?
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Explain the levels of involvement in strategic management and the role of staff/employees at each level (senior-level and middle-level). How does the strategy hierarchy facilitate this?
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- How does strategic analysis help a firm develop its own strategic position? Why should that position be unique?What do strategic group members have in common with each other? What impact do firms outside a strategic group have on those in that group?Explain the levels of involvement in strategic management and the role ofstaff at each level. How does the strategy hierarchy facilitate this?
- Strategic managementIn order to prepare and formulate the strategy, a strategic analysis must be conducted for each of the external environment of the organization as well as the internal environment of the organization. Explain this with the application of this analysis to a Saudi company. In addition to clarifying the strategic methods used in analyzing the conditions and conditions of the industryUnderstanding the common vocabulary used in strategic management is important to the application of its concepts. Required: Compare and contrast “strategic blunder” and “strategic drift”?1. Identify the major components of strategic planning, and explain how they are interrelated. 2. Explain how an organization can create a competitive advantage at the corporate strategy level and at the business-unit strategy level. 3. Whatare some issues to consider in analyzing a company’s resources and opportunities? How do these issues affect marketing objectives and marketing strategy? 4. What is SWOT analysis and why is it important? 5. How can an organization make its competitive advantages sustainable over time? How difficult is it to create sustainable competitive advantages?
- (a). Distinguish between the 3 levels of Strategy and the three stages of Strategic Management. Explain the activities entailed at each of the 3 levels of strategy. 1 (b). Explain the relevance of each of the following terms and concepts to a non management professional.I) Synergy II) Scenario Planning III) Bench-MarkingIV) Value Chain AnalysisDescribe top-down strategic planning. How does it differ from bottom-up strategic planning? Which is usually more effective in implementing security in a large, diverse organization?1. What is Strategy ? 2. Explain the 3 Stages in the Strategic Management Process and what they entail
