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MNG3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 (620712) - DUE 16 September 2024 Course Strategic Planning IIIA (MNG3701) Institution University Of South Africa (Unisa) Book Practising Strategy$2.58
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MNG3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 (620712) - DUE 16 September 2024 Course Strategic Planning IIIA (MNG3701) Institution University Of South Africa (Unisa) Book Practising Strategy
MNG3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 (620712) - DUE 16 September 2024
Course
Strategic Planning IIIA (MNG3701)
Institution
University Of South Africa (Unisa)
Book
Practising Strategy
MNG3702 Latest exam pack questions and answers and summarized notes for exam preparation.
MNG3702 EXAM PACK 2024 - DISTINCTION GUARANTEED
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Strategic Planning IIIA
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, Questions 1 a) Explain the importance of analysing the micro-
environment. Briefly explain any three approaches that can be used
to analyse the micro-environment. b) Use the information in the
case-study to Identify two strengths and two weaknesses. 10
MNG3701/101/3/2024 27 2 Strategic leaders can analyse a
particular competitor in the industry in detail by applying the four-
corner analysis to predict what a particular competitor will do in the
future. a) Briefly explain ‘the four-corner analysis’ b) Identify one
major competitor of Vodacom. c) Use the four-corner analysis to
analyse the competitor identified in b) above. 10
Sure, let's address each of these questions systematically:
Question 1
a) Importance of Analysing the Micro-Environment: Analyzing
the micro-environment is crucial for an organization because it helps
to:
• Understand Immediate Influences: It allows the organization
to understand the factors that directly affect its operations and
performance, such as customers, suppliers, competitors, and
intermediaries.
• Identify Opportunities and Threats: It helps in identifying
potential opportunities for growth and threats that could hinder
progress.
• Inform Strategic Planning: Insights from the micro-
environment analysis can inform strategic decisions, ensuring
that the organization adapts effectively to changes in its
immediate surroundings.
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