mng3701 exam pack, latest exam pack answers

mng3701 exam pack with latest answers to help in your revision, This exam pack consist of GENERAL questions that you may come across in your exam as well as the proposed solutions to previous exam questions papers were provided. This exam pack consist of 94 pages. Explain the rationale for new perspectives on strategy/Explain the strategy-as- practice approach and how it differs from the process approach to strategic management/Explain strategy-as-practice as an effective approach to managing new strategic realities. The new perspective (strategy-as-practice) Drivers of strategy-as-practice approach have been as follows:  The rise in so-called emergent strategies’’, as opposed to the more traditional, deliberate strategies of organisations, also stemming from rapidly changing business environments,  The increasing involvement in strategising of people from all levels in the organisation. Strategies are complex and really address an uncertain future in the sense that environments are dynamic and changing. Human behaviour also has to be considered. Apart from new insights and changing environmental conditions, what was actually taught in strategy did not reflect the realities of business, and this mainly gave rise to the following realisations about strategy:  Strategy is what people do, not what organisations have-managers, the talk and documents produced and in their actions  Strategy is not solely the domain of top and executive management—any individual or group in the organisation that controls key actions can be regarded as a strategist