Question 1

Strategy implementation occurs when a firm adopts organisational policies and practices that are consistent with its strategy. Define strategy implementation and discuss three specific organisational policies and practices that are particularly important in implementing a strategy

CLO I : Discuss the core issues, key concepts, elements, components and processes of strategic management

Question 2

The two general approaches estimating a firm’s competitive advantages are measuring accounting and economic performance. Discuss the advantages and disadvantages of such approaches as a support to an organisation’s strategic growth.

CLO 1 Discuss the core issues, key concepts, elements, components and processes of strategic management