Mng 3701 exam pack 2021 Study guides, Class notes & Summaries
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MNG 3701 EXAM PACK 2021, UNISA
MNG 3701 EXAM PACK 2021, UNISA
MNG3701 EXAM PACK 2021 | All Answers Correct. Recent exam qestions with answers to help you ace your exam.
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MNG 3701 EXAM PACK 2021
- Exam (elaborations) • 96 pages • 2021
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Define the concept of strategy and briefly explain its relationship to strategic 
management. 
 Solution 
Strategy: 
 It’s 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 competitive advantage and achieve its 
long-term objectives in rapidly changing and competitive external business 
 is the direction provided by the actions a...
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