Explain the reason for considering maximax and maximin strategies as optimistic and pessimistic startegies

Q: Why do you think the strategies ( or strategic planning) fail to deliver desired results? Be brief…

A: Strategies are mainly created by organizations in order to accomplish specific business goals. It…

Q: What is a strategic business unit (SBU)? how doesstrategic planning differ at the corporate and the…

A: SBU are independent divisions coordinated around items or brands, which are singular units inside…

Q: 1. What is a Business Plan for? 2. What type of business that is on high demand today? Why?

A: Introduction:- A business plan is a published statement that explains in detail how a…

Q: Using practical examples, discuss any three reasons for returns and the strategic role they could…

A: Returns can be an integral part of a business’s strategy, especially in the rooibos industry.…

Q: WHat is the role of theproject manager?

A: The roles of the Project manager - A task director is an individual who has the general liability…

Q: What is strategy?  How is it developed and how does it support the vision?

A: Strategic development refers to the process that is concerned with analyzing the business…

Q: Critically analyse any five (5) planning areas of the SCOR model. Use relevant examples from…

A: Effective supply chain management is critical for the success of manufacturing companies, and the…

Q: ASSUMING Being a MANAGER in your company, How will you manage a) Product and Service Operations? b)…

A: Manager is the person who manages or controls the workings of the organisation. Manager is the…

Q: Which types of strategies are used by Management of a firms,so they can achieve their goal's

A: All business must have effective management. That's because effective management guarantees…

Q: Suppose you are writing a business plan for an event plannning business what are the: Complimentary…

A: A business plan is a document or a protocol that details the nature of the business, its sales, its…

Q: Enumerate,, How can organizations establish clear and measurable strategic objectives?

A: In the dynamic and competitive landscape of today's business world, organizations must navigate…

Q: All of the following are functions of management except Select one: a. Controlling b. Leading c.…

A: Management is the governance and administration of all the resources available in an organization to…

Q: 1. What is strategic planning? Explain the role of models in strategic planning.

A: Strategic planning: Strategic planning is an organization's process of dealing its strategy, or…

Q: 6. The manages of managers of ABC Services Ltd, meet annualy to create a list of potential future…

A: Option a: - Functional level planning is a strategy that will support the two-parent…

Q: 19 - Which of the following is not a key element of strategic management?      a) long-term final…

A: D) Coordinating the employees

Q: Critically analyze Ansoff growth strategic matrix (1957) in the context of your organisation

A: Ansoff growth strategy matrix is a planning tool. It helps in analysing the performance of…

Q: Describe and differentiate the Stages of Strategic Management. - Strategy Formulation - Strategy…

A: Strategic Management :  Strategic management refer to the process in which the mangers of the…

Q: What is balance Scorecard and how does it work to sustain a strategic plan?

A: Introduction Balance Scorecard is a effective management tool which is used by the managers to…

Q: 1. Define informal planning. What are the advantages of informal planning over formal…

A: Making decisions and establishing goals in an unstructured or informal manner is referred to as…

Q: Enumerate at least three (3) real-life examples of ways that firms can manage their costs and…

A: Pricing strategy Pricing strategy refers to the process by which businesses price their goods or…

Q: How is planning and conrol linked?

A: Planning:Planning is the initial step in establishing an objective or accomplishing it. Planning is…

Q: Write a theory section on Ansoffs Corporate Strategy and what knowledge it gives

A: Ansoff Strategy is one of the most commonly used strategic frameworks which was developed in the…