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Hello. Please assist me with question 5.2. I have provided the scenario and question below. Please define and explain six factors (worth 3 marks each)
Hello. Please assist me with question 5.2. I have provided the scenario and question below. Please define and explain six factors (worth 3 marks each) how the mentioned company (start-up business) in the scenario differs if it adopts an integrated strategic management framework instead of a conventional framework.
Please may the answer/response be well formatted and concise with correct grammar. No copy and paste from the internet.
For learning purposes please define the conventional framework and the integrated framework.
Read the following scenario and answer all the questions. Nkalanga Syuuka Inc. a business owned by Boston City Campus student Nkalanga Syuuka Inc. is a start-up business you established two years back during the Covid-19 pandemic with the help of your three Boston City Campus graduates offering accounting services to small businesses. You must fully understand your stakeholders and the role you are expected to play as a founder. There are processes you need to establish and strategies to be adopted and implemented. This requires a team that shares a similar drive to effectively commit resources toward the success of the processes and strategies. Your role is critical to Nkalanga Syuuka Inc's success as a Strategic Planning Champion. *Fictitious scenario 5.2. Both conventional and integrated strategic management frameworks aim to achieve competitive advantage and sustainability, but the approaches differ. Discuss how Nkalanga Syuuka Inc. would differ by adopting an integrated strategic management framework instead of a conventional framework. [SJ-t3: 18 marks} Aligns with SAICA competencies: A11 Strategy development process Following a multi-capital management approach, analyse and align the overall purpose of an organisation {to provide sustainable value to the organisation and its stakeholders) with its context, vision, mission, values, and mandates Facilitate and advise on the strategy development process of the organization Review key stakeholder roles and responsibilities in the organisation's business plan and the execution of its business strategy Review the organisation's strategic direction and highlight areas of potential value and riskStep by Step Solution
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