Process of ensuring her new discovery remains unpirated and the institutions to work with in Kenya. The steps for registration of copyright are as follows: Access the online copyright registration portal via KECOBO website i.e. www.copyright.go.ke then select ‘e-copyright Registration’ Read More …
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“The nature of strategic management differs according to the type of organizations.” Discuss this statement with respect to the following types of organizations: (a) Public sector organizations. (10 marks) (b) Non-profit organizations. (10 marks)
Although the elements of strategic management are broadly the same irrespective of the type of organization or its context, the range and nature of strategic issues does to some extent differ according to the organization type and its context. In Read More …
Effective allocation of the resources of the organization is essential for strategy implementation. Discuss (10 marks)
Effective allocation of resources of the organization is essential for strategy implementation. Without resources, an organization cannot achieve its objectives. Resource allocation is therefore a central management activity that allows for strategy execution. Strategic management enables resources to be allocated Read More …
What criteria can an organization use for allocating resources to different departments? (10 marks)
Criteria that an organization can use for allocating resources to different departments: i. The role played the individual company departments in realizing corporate objectives, especially the long-term objectives: Those departments whose contributions to company annual objectives/strategic objectives are immediate Read More …
Compare corporate strategies with marketing strategies for an organisation. (10 marks)
Corporate strategies Vs Marketing strategies for an organization: The question is focusing on the difference between corporate and operating strategies. Corporate strategies Corporate strategy defines the business the company is to compete in with the other organizations. Corporate strategies are Read More …
A well established organisation wishes to carry out an analysis of its strengths, weaknesses, opportunities and threats (SWOT).The task has been assigned to you. Explain the procedure you would follow in carrying out the task. (10 marks)
SWOT ANALYSIS The overall evaluation of a company’s strengths, weaknesses, opportunities, and threats is called SWOT Analysis. External environmental analysis (opportunity and threat analysis) In general, a business unit has to monitor key macro environment forces (demographic-economic, technological, political-legal, and Read More …
In developing strategic plans for the future, it is important for a company to assess both its current and past performance. Outline and discuss the following approaches in assessing the organizational performance. a) The historical analysis of performance in comparison with the organization’s performance. (6 marks) b) The analysis of industry norms in comparison with the relative performance of organizations in the same industry. (7 marks) c) The analysis of the organization’s performance in comparison with the best performance through benchmarking. (7 marks)
a) The historical analysis of performance in comparison with the organizations current and past performance In financial analysis, the direction of changes over a period of years is of crucial importance. Time series on trend analysis of ratios indicate the Read More …
a) Clearly distinguish between corporate mission, vision and core values. (10 marks) b) What are the key qualities of a good corporate vision? (10 marks)
a) Corporate Mission, Vision And Core Values CORPORATE MISSION: A mission statement is an organization’s vision translated into written form. It makes concrete the leader’s view of the direction and purpose of the organization. For many corporate leaders it is Read More …
Describe leadership styles and contexts: using the models of Ashridge, and Blake and Mouton (12 marks)
Using the Models of Ashridge, Blake And Mouton Blake and Mouton Robert Blake and Jane Mouton carried out research into managerial behaviour and observed two basic dimensions of leadership: concern for production (or task performance) and concern for people. Based Read More …
An important part of management understands the role of leadership. Required: (a) Describe Blake and Mouton’s Managerial Grid. (8marks) (b) Discuss the relevance to management of Blake and Mouton’s grid in understanding leadership styles. (12 marks)
Every manager has to provide leadership in one way or another. Many have no real idea what constitutes leadership. Overview: The professional accountant is frequently both the manager and leader. An understanding of leadership theory and practice is an important Read More …