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QUESTION 1 Strategic management is all about gaining and maintaining competitive advantage. Explain whether you agree or disagree with the help of examples. (35 Marks)

QUESTION 1

Strategic management is all about gaining and maintaining competitive advantage. Explain whether you agree or disagree with the help of examples.

(35 Marks)

QUESTION 2

With different types of strategies, how can firms best cope with turbulent, high-velocity markets or uncertainty in the business environment?

(35 marks)

QUESTION 3

Describe commonly used strategies to minimise employee resistance to change. Which approach would you most often use? Why?

(30 Marks)

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