QUESTION FIVE ( STRATEGIC MANAGEMENT) The strategic management process encompasses three phases-strategy formulation, implementation, and evaluation and control. Discuss the roles of the following functional levels in an organisation's strategic planning process: i) Strategic ii) Tactical and iii) Operational Marks) Discuss the four elements of the BCG Matrix in the context business and how it can be applied to turn the fortunes of a for profit organisation around and thus lead to improving its overall performance. (7 Marks) Discuss in the context of Mergers and Acquisitions how the following Growth Strategies work: i Vertical integration ii. Horizontal integration iii. Conglomerate iv. Concentration (12 Marks) (TOTAL 25 Marks] QUESTION FIVE ( STRATEGIC MANAGEMENT) The strategic management process encompasses three phases-strategy formulation, implementation, and evaluation and control. Discuss the roles of the following functional levels in an organisation's strategic planning process: i) Strategic ii) Tactical and iii) Operational Marks) Discuss the four elements of the BCG Matrix in the context business and how it can be applied to turn the fortunes of a for profit organisation around and thus lead to improving its overall performance. (7 Marks) Discuss in the context of Mergers and Acquisitions how the following Growth Strategies work: i Vertical integration ii. Horizontal integration iii. Conglomerate iv. Concentration (12 Marks) (TOTAL 25 Marks]