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Describe the THREE (3) step strategic management process of formulation, strategy implementation and strategy evaluation. (15 marks) List FIVE (5) benefits and FIVE (5) pitfalls
- Describe the THREE (3) step strategic management process of formulation, strategy implementation and strategy evaluation. (15 marks)
- List FIVE (5) benefits and FIVE (5) pitfalls of strategic management. (10 marks)
(Total 25 marks)
Question 2
- Briefly describe FIVE (5) benefits of a mission statement. (10 marks)
Describe the nature and role of vision statements in strategic management (5 marks
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