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The tools and techniques of strategic management are useful in providing management with information that will ultimately add value to their organization.�
With reference to the above statement discuss how the use of such tools and techniques have contributed or could contribute in adding value to your organization. (Shell)
Assessment Criteria depends on:
1) Understand the impact of business and economic environment on organizations and industry.
2) Identify and analyze the relationships between structural, conduct and performance variables.
3) Identify and analyze the nature of strategy and strategic planning and its impact on operational polices.
4) Understand how competencies and capabilities can exploit environmental opportunities.
5) Appreciate the problems and limitation of planning in achieving corporate objectives.
6) Content, style, relevance and originality
Content will reflect the research (e.g. the literature search) undertaken by the student. Style should reflect an academic presentation, free of value judgments and colorful rhetoric. The originality should focus on the student�s professional experience of his/her work environment.
7) Format, referencing, bibliography
Referencing used should follow the Harvard method.
8) Constructive critical analysis, introduction and conclusion
Critical analysis is an important test of the student�s ability to evaluate and suggest strategic responses. The introduction and conclusion should be used to highlight and summaries the issues (and possible outcomes/solutions). These issues will have been discussed in the main body of the coursework.
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