ISCA PROFESSIONAL EXAMINATION PILOT PAPER (NOVEMBER 2013) CORPORATE AND BUSINESS STRATEGY (CBS) SUGGESTED SOLUTIONS ISCA PROFESSIONAL EXAMINATION 2013 Term 2 Corporate and Business Strategy – Pilot Paper for Nov 2013 ISCA PROFESSIONAL EXAMINATION CORPORATE AND BUSINESS STRATEGY (CBS) 15 NOV 2013 SUGGESTED SOLUTIONS I. True or False questions (Q1 to Q10) (Total: 10 marks) 1. (F) High volume/low cost different from upward differentiation. 2. (F) Also depends on settling operations
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rational people do? A) Respond to economic incentives. B) Weigh the benefits and costs of all possible alternative actions. C) Use all available information as they act to achieve their goals. D) Economically rational individuals do all of these. 3) Which of the following best describes the assumption about human behaviour that economics makes? A) Economics does not make assumptions about human behaviour‚ as human behaviour changes a lot. B) Economics assumes individuals act rationally all of the time
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BUSINESS LEVEL STRATEGY Any given organization may comprise a number of different businesses. Each operating in distinct markets and serving different customers. A market is defined by demand conditions and based on an organization’s customers and potential customers. Industry is determined by supply conditions and based on production technology. Business level strategy is a means of separating out and formulating a competitive strategy at the level of individual business unit. This is sometimes
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Executive summary 3 BPM and Strategy 4 Problem Analysis 7 Proposed Solution 10 Solution Considerations 16 Recommendation 17 Appendix 18 Bibliography 19 Executive summary Purpose The purpose of this report is to examine the current situation of Omnicrons Pty Ltd Company and attempt to identify problems which result in declining sales and reduced profits since 2008. Methodology Research for this report is based on current literature about business process management and relevant
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In recent years‚ economic‚ political and social changes have made the global environment more uncertain‚ forcing Coke to reevaluate its strategy‚ structure and culture to maintain a competitive advantage. The following is a dynamic analysis that tracks the evolution of Coke’s strategy from global standardization to a multi-domestic strategy that emphasizes national responsiveness. During Goizueta’s management term‚ Coke is already a large‚ mature company in the formalization stage of its life cycle
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adopting a cost leadership strategy over the decades‚ Wal-Mart has emerged as the largest company (in terms of revenues) | |in the world. | | | |The case examines in-depth the key elements of the cost leadership strategy followed by Wal-Mart
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CHAPTER 9 Strategy Review‚ Evaluation and Control True/False The Nature of Strategy Evaluation 1. If strategy implementation is successful‚ an enterprise can be lulled into complacency with success. Ans: F Page: 300 2. Adequate‚ timely feedback is important to effective strategy evaluation. Ans: T Page: 300 3. Too much emphasis on evaluating strategies may be expensive and counterproductive. Ans: T Page: 300 4. Strategy evaluation
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1.0 Introduction Strategic Management permits the organization to achieve competitive advantage through the matching of resources and capabilities to the needs of the external environment‚ analysis of the organization‚ formulation and implementation of the strategy. This report explains the three stages of strategic management; strategic analysis‚ strategy formulation and strategy implementation of French Connection‚ UK. The analysis of French Connection‚ UK in this report includes two core areas
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STRATEGY IMPLEMENTATION I. What is strategy? * Defined from atleast 2 perspectives: 1. From the perspective of what an organization intends to do * The broad program for defining and achieving an organization’s objectives and implementing its missions 2. Pattern of the organization’s responses to the environment over time * Every organization has a relationship with its environment that can be examined and described * This view includes managers who are reactive—who respond
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STRATEGY & TRANSFORMATION FINAL ESSAY Topic: When A Company Likely To Choose Related Diversification and When Is It Likely To Choose Unrelated Diversification? Introduction First of all‚ “corporate strategy is what makes the corporate whole add up to more than the sum of its business unit parts” (Porter‚ M. E.‚ 1987 cited in Mintzberg et al 2003‚ p.451). In this regard‚ corporate-level strategy is concerned with two related issues; “first one is what businesses a corporation should compete
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