MNG3701 Strategic Management (MNG3701)

MNG3701 EXAM PACK 2023 QUESTIONS AND ANSWERS. Competitive Advantage Explained: The organisation strives for is profitability. In order to make a profit in a specific industry, a business has to have something that makes it better than its competitors in the same industry. Spur restaurants have a competitive advantage in the area of creating a family atmosphere with good quality, affordable food and something for everyone: from steaks and burgers to pizzas and pastas and obviously also thei...

MNG3701_Study Notes. Strategic Management. Managers should realize they have an influence they can influence the competitive landscape. They need to start with a point of view of how the world can be, not how to improve what is available but rather how to alter it drastically. There are 4 transformations that influenced and continue to influence the business models and work of strategists: 1. Expansion of available strategic space – Companies can decide and change their business portfolios....

MNG3701 Strategic Planning Exam Pack questions and Solutions 2016. STRATEGIC PLANNING: EXAM REVISION 2016 Learning unit 1 Introduction to strategic management Define the concept of strategy and briefly explain its relationship to strategic management. TB p9 /SGp4 Strategy: - Its generally seen as the result or outcome of fundamentally important pre-emptive, innovative management decisions about an organisation‘s strategic direction and strategic action plans to attain a sustainable co...

MNG3701 Assignment 1 Semester 1 2023 () 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25479 811 9845 . Dis-Chem – growing stronger and stronger Dis-Chem was founded in 1979 and is considered the pioneer in the discount pharmacy space. What set Dis-Chem apart from other pharmacies at that time, was the wide range of products on offer. The concept of a retail pharmacy was strengthened when, in the 1980s, Dis-Chem began expanding its offering of non-ph...

MNG3701 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 ............ 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 .

MNG3701 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 ............ 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 .

MNG3701-Strategic Management EXAM PREP FOR 2022.1. Critically differentiate between the concepts of strategy, strategic planning and strategic management. Strategy Strategy is the art of aligning the company’s strategies in order to out-compete one’s competitors in a rival business market with a view to achieving the desired competitive advantage by ensuring that all the relevant departments within the firm are receiving similar information and training. Strategies are incorporated into...

MNG3701 Assignment 2 Semester 2 2024 - DUE September 2024 ............ 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . ADDENDUM D: MANDATORY ASSIGNMENT 02 FOR SEMESTER 2 2024 Assignment 02 and assesses the outcomes in Lessons 4, 5 and 6 ASSIGNMENT 02 SEMESTER 02 Essay Total marks: 50 Case study Vodacom Group Instructions: Conduct an internet search and access the Vodacom Group Limited Integrate...

MNG3701 LATEST EXAM PACK. This is a complete and an all-inclusive guide to MNG3701 - Strategic Management A competitive advantage occurs when a significant number of buyers prefer the company's products or services over those of its competitors and when the basis for this preference is sustainable over the long term it’s called a sustainable competitive advantage Sustainable competitive advantage For a competitive advantage to be sustainable, there must be requirements: valuable, rare, t...