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Business, 08.12.2020 09:40 liltrewill7008

1.Describe the benefits of good strategic planning? Define and give examples of key terms of strategic management? …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………………………………………………………………… …………………………………..

(5mark)

2.Explain the concept of SBU in a multi business organization. Identify the three levels of strategy-corporate, business and functional. How do goals and objectives vary at each level?

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3.What should be the key trait of a CEO? What are the forces that design the strategic management system?

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(5marks)

4.Discus the various grand strategies at the corporate level. Stability, growth and retrenchment.

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