Answered step by step
Verified Expert Solution
Question
1 Approved Answer
QUESTION 1 [ 2 0 MARKS ] a . Briefly state two ( 2 ) of the roles of strategic management for an operational firm.
QUESTION MARKS
a Briefly state two of the roles of strategic management for an operational firm. marks
b Step nine of strategic management process, according to Scarborough et al is establishing
measures and controls. State three key performance indicators of any organization of your
choice. Give context to justify your choices. marks
c Following the Covid pandemic, the Government of Botswana regularly bans importation
from neighboring countries of some commodities, including fruit and vegetables. As Lesedi
General Dealer, you fresh produce from South Africa. Which aspect of the PEST would
identify this issue? marks
d If you were an entrepreneur, state how you would investigate the reasons for Botswana's
frequent import prohibitions, given that the country provides government support programs,
such as grants, and low entry barriers into the horticulture industry? marks
e Distinguish, using relatable examples, between Porters Differentiation and Cost Focus
strategies. marks
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started