Question 1

List the ten questions that should be used as a checklist during the strategy formulation process.

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Question 2

List Porter's competitive forces.

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Question 3

A(n)_______________ company is present in many countries,but it encourages marketing,advertising and product design to be modified and adapted to the specific needs of each country.

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Question 4

Demonstrate the notion of a strategic business unit (SBU)by visiting the Wesfarmers website and downloading their corporate structure.What different types of SBUs does Wesfarmers control,and how would you describe their corporate level strategy?

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Question 5

List the five potential cooperative strategies available to the strategic manager.

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Question 6

Recent research by McKinsey has suggested that strategy can be evaluated using ten tests.Identify each of the ten tests,and apply them to the Kodak Corporation's strategy prior to their 'Chapter 11' bankruptcy in 2012.

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Question 7

List the variables by which the BCG Matrix is constructed

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Question 8

Briefly discuss Porter's three competitive strategies.

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Question 9

Using the Australian consumer market for petrol as your example,define and discuss Porter's 'five forces'.

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Question 10

List the three global corporate strategies.

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Question 11

List the four components of a SWOT analysis.

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Question 12

Briefly describe the Boston Consulting Group matrix,including its dimensions,quadrants and strategic recommendations.

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Question 13

List Porter's three competitive strategies.

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Question 14

Compare and contrast the three levels of strategy in an organisation.

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Question 15

Using Exhibit 8.3 describe the stages of the strategy implementation process.Using examples,identify the types of decision do you believe would be made at each stage in the process.

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Question 16

Define what is meant by the term 'target customer'.Use examples of target customer groups (in your country's road vehicle market)to illustrate your answer.

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Question 17

Identify and define the purpose of the three levels of strategy.

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Question 18

List,in a logical order,the stages of the strategic management process

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Question 19

List the four possible types of products or businesses that exist according to the BCG Matrix.

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Quiz 8: Strategy Formulation and Implementation