Rédigé par des étudiants ayant réussi Disponible immédiatement après paiement Lire en ligne ou en PDF Mauvais document ? Échangez-le gratuitement 4,6 TrustPilot
logo-home
Document preview thumbnail
Aperçu 2 sur 8 pages
Examen

MNG3701 ASSIGNMENT 1 2021 ANSWERS WITH ELABORATIONS

Document preview thumbnail
Aperçu 2 sur 8 pages

MNG3701 ASSIGNMENT 1 2021 ANSWERS WITH ELABORATIONS

Aperçu du contenu

1.1 Management takes place at different levels and in different areas of the
organisation. Discuss the various managerial levels. Your discussion should;

a) Use the case study to provide examples of activities performed at top level.

Developing strategies – “developing and implementing an effective channel strategy”

Setting up the vision statement- “We will be recognized as the preferred sub-Saharan
African hotel group”

Ensuring integrity of the IR –“The board acknowledges its responsibility to ensure the
integrity of the IR and has applied its mind as such”

Acquisition of shares- “in 2012 the group acquired a 50% interest into hotels in Nairobi “

b) Use examples related to the hotel industry to provide job titles of managers at
each level.

Top level managers

Chairman-Bulelani Ngcuka

Chief executive officer-Andrew Wideggar

Chief operating officer-Lindiwe Siddo

Chief financial officer-Alastair Dooley

Divisional director (financial)-Naynesh Parbhoo

Divisional director (operations) -Patrick Tate

Middle level managers

Human resource manager Capetown City lodges

Marketing managers for different City lodges

Lower-level managers

Supervisors for ushers serving guests at Johannesburg City lodges

First line managers for Durban city lodges

, 1.2 Discuss the universal principles of strategic management. Your discussion
should be supported by examples related to the case study. (10)

Principle 1: Strategy is about positive change.

Jones, et al (2016) also acknowledges that strategic management is ultimately about
positive change for the organization as a whole. Positive change includes achieving
superior performance, creating competitive advantage, creating shareholder wealth
above the average meeting the needs of all the stakeholders. In some instances, just
surviving during difficult times. Therefore, it is primarily about change and not doing
things the usual way.

For example, in the case study, the diversification strategy brought a positive change
since it grew to popularity. This has a direct link with the creating a competitive
advantage and creating shareholder wealth.

Case study: The diversification began in earnest in 1990 with the establishment of the
Town Lodge brand, which quickly grew in popularity.

Principle 2: Strategy takes a long-term view

Strategy is about taking a long-term view in the ultimately focusing on wealth creation
and sustainability over the long-term rather than on merely creating quick wins or short-
term gains. For example, the following phrase proves that a long term view was being
considered in the case study.

Case study : “To maintain and grow sustainability business for the future , we have
deployed our capital to drive and generate superior returns for out stakeholders”.

Principle 3: Strategy is complex

Strategy is highly complex and is associated high levels of uncertainty and risks, and it
is highly situated meaning that it is different from every context. In other words, strategic
management is about making big decisions during situations of high uncertainty and
having to consider many variables. Should the strategic decisions fail, there may be a
severe negative consequence for the organisation, so the risk is enormous ,Jones, et al
(2016).

Infos sur le Document

Publié le
7 mai 2021
Nombre de pages
8
Écrit en
2020/2021
Type
Examen
Contient
Questions et réponses
$6.32

Mauvais document ? Échangez-le gratuitement Dans les 14 jours suivant votre achat et avant le téléchargement, vous pouvez choisir un autre document. Vous pouvez simplement dépenser le montant à nouveau.
Rédigé par des étudiants ayant réussi
Disponible immédiatement après paiement
Lire en ligne ou en PDF

Seller avatar
Les scores de réputation sont basés sur le nombre de documents qu'un vendeur a vendus contre paiement ainsi que sur les avis qu'il a reçu pour ces documents. Il y a trois niveaux: Bronze, Argent et Or. Plus la réputation est bonne, plus vous pouvez faire confiance sur la qualité du travail des vendeurs.
ranganaimuneri
4.4
(42)
Vendu
230
Abonnés
219
Éléments
55
Dernière vente
5 mois de cela



Pourquoi les étudiants choisissent Stuvia

Créé par d'autres étudiants, vérifié par les avis

Une qualité sur laquelle compter : rédigé par des étudiants qui ont réussi et évalué par d'autres qui ont utilisé ce document.

Le document ne convient pas ? Choisis un autre document

Aucun souci ! Tu peux sélectionner directement un autre document qui correspond mieux à ce que tu cherches.

Paye comme tu veux, apprends aussitôt

Aucun abonnement, aucun engagement. Paye selon tes habitudes par carte de crédit et télécharge ton document PDF instantanément.

Student with book image

“Acheté, téléchargé et réussi. C'est aussi simple que ça.”

Alisha Student

Vous travaillez sur vos références ?

Créez des citations précises en APA, MLA et Harvard avec notre générateur de sources gratuit.

Vous travaillez sur vos références ?

Foire aux questions