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The external environment within which GGOH operates has an influence on its financial position and financial performance both now and in the future. Using PESTEL analysis, discuss the view that GGOH might fail to honor its financial obligations. (10 marks)
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The board members discussed the future of the BRIGHT strategy of the company in the context that the strategic position of the company continues to evolve at a rather unpredictable rate. The board is interested in gaining a thorough insight into the factors that will pose material downside and upside risk to the strategic position of the company. The chairman of the board would like to discuss the draft memorandum of the company’s strategic position with the CEO prior to the next plenary board meeting.
Required:
Prepare a draft presentation explaining to the Board Chairman the current factors that are negatively impacting the strategic position of the company from the general external environment and internal perspectives.
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Technology is one of the most powerful forces within the external business environment that has significantly changed how business is conducted, especially within the 21st Century. For instance, information technology (IT), when well exploited, can have a significant impact on all five forces of competition.
Required:
Identify FOUR effects of technological change on organizations. (4 marks)
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An organisation is described as an open system because it impacts and is also impacted by two sets of environments. It imports raw materials from the environment, transforms them into goods and services and then exports them back into the environment for the satisfaction of customers’ needs.
Required:
Explain FIVE (5) elements of the external environment of a business organisation. (15 marks)
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Find Related Questions by Tags, levels, etc.
b) In an organization, every action of management body is influenced by the environment. In this context, “environment” means understanding the surroundings or conditions in which a particular activity is carried out.
Required:
Distinguish between internal and external environment of a business organization.
(5 marks)
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ou have been asked as the Strategic Business Planner of your company to speak to a group of recently recruited manager trainees, most of whom are not business management graduates, on strategy formulation and implementation.
Required:
i) Explain the concept of SWOT analysis to the recently recruited manager trainees. (2 marks)
ii) Explain the elements in the SWOT analysis to the manager trainees. (8 marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
The external environment within which GGOH operates has an influence on its financial position and financial performance both now and in the future. Using PESTEL analysis, discuss the view that GGOH might fail to honor its financial obligations. (10 marks)
Find Related Questions by Tags, levels, etc.
The board members discussed the future of the BRIGHT strategy of the company in the context that the strategic position of the company continues to evolve at a rather unpredictable rate. The board is interested in gaining a thorough insight into the factors that will pose material downside and upside risk to the strategic position of the company. The chairman of the board would like to discuss the draft memorandum of the company’s strategic position with the CEO prior to the next plenary board meeting.
Required:
Prepare a draft presentation explaining to the Board Chairman the current factors that are negatively impacting the strategic position of the company from the general external environment and internal perspectives.
Find Related Questions by Tags, levels, etc.
Technology is one of the most powerful forces within the external business environment that has significantly changed how business is conducted, especially within the 21st Century. For instance, information technology (IT), when well exploited, can have a significant impact on all five forces of competition.
Required:
Identify FOUR effects of technological change on organizations. (4 marks)
Find Related Questions by Tags, levels, etc.
An organisation is described as an open system because it impacts and is also impacted by two sets of environments. It imports raw materials from the environment, transforms them into goods and services and then exports them back into the environment for the satisfaction of customers’ needs.
Required:
Explain FIVE (5) elements of the external environment of a business organisation. (15 marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
b) In an organization, every action of management body is influenced by the environment. In this context, “environment” means understanding the surroundings or conditions in which a particular activity is carried out.
Required:
Distinguish between internal and external environment of a business organization.
(5 marks)
Find Related Questions by Tags, levels, etc.
ou have been asked as the Strategic Business Planner of your company to speak to a group of recently recruited manager trainees, most of whom are not business management graduates, on strategy formulation and implementation.
Required:
i) Explain the concept of SWOT analysis to the recently recruited manager trainees. (2 marks)
ii) Explain the elements in the SWOT analysis to the manager trainees. (8 marks)
Find Related Questions by Tags, levels, etc.
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