strategic Management assignment


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Affiliation with CARDIFF SCHUUL ur A. 1v 1M 1 •'"' ....... , . , ... , . , Written work ► A signed declaration that the work is your own (apart from otherwise referenced acknowledgements) must be included after the reference page of your assignment ► Each page must be numbered. Where appropriate, a contents page, a list of tables/figures and a list of abbreviations should precede your work. All referencing must adhere to School/Institutional requirements. A word count must be stated at the end of your work. Appendices should be kept to the minimum and be of direct relevance to the content of your work. All tables and figures must be correctly numbered and labelled. ► ► ► ► ► B. ► Other types of coursework/assignments Where coursework involves oral presentations, discussions, poster presentations, etc., specific instructions will be provided by your module leader/team. X--------------------------------Rewrite below part just after the References of your assignment. WORK DECLARATION I, (Name of StudentJ, hereby declare that the uploaded PORTl through Turnitin is my own work. I affirm that this has been researched and completed in accordance with the college rules and regulations on plagiarism. I acknowledge the advice given by the module tutors on proper referencing to avoid plagiarism and the rules on the academic unfair practice. I acknowledge that I read and understand the plagiarism guide written at the end of this assessment. Any academic misconduct will be handled according to the rules and regulations of the university. (Name of Student] I Pg. 2 Version 1 PORTl must be submitted online through Turnitin before due date. An acknowledgement will be given to you by your teacher upon presentation of the finance clearance. This is your receipt, keep it. The only circumstance in which assignments can be uploaded late via Turnitin is if a Mitigating Circumstances {MC) form is submitted at the same time. In these circumstances work may be submitted within five (S) working days. Make sure to secure MC form and submit the same to the concerned staff. Write the number of words used, excluding references, at the end of your assignment. Provide the list of sources you used at the fast page of your assignment with proper label 'References'. You may include diagrams, figures etc. without word penalty. The number of words will be+ or-10% of the total words allowed. A work declaration must be included just after the reference page of your assignment. This ensures that you prepare your work in good faith. Any form of collusion and/or academic unfair practice will be dealt with according to the pertinent rules and regulations of the partner university. Please read carefully the plagiarism guide. Assessment Details This PORTl comprises 50% of the total assessments marks. It contains four different small tasks. These will develop the following skills: • Communication skills. Through the compilation of literature and reviews, students will be able to practice their writing skills which are needed in the workplace. • Analytical skills. The report enables the students to analyse and evaluate the benefits of the different activities done in the class. This skill will eventually help them evaluate options necessary to make decisions in the workplace. In addition, the assessment will test the following learning outcomes: • Develop the ability to accurately deploy established strategy techniques and approaches, as well as the latest thinking, regarding analysis, enquiry and application to strategy related concepts and practical situations. • Devel Purchase answer to see full attachment

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Strategic Management




Task One: Literature on Strategic Management
The list of academic literature on strategic management include;
Margaret A. White, Gary D. Bruton. (2010). The Management of Technology and Innovation: A
Strategic Approach, Southwestern, Cengage Learning
This book discusses the factors that help in establishing a proper strategic management
plan as well as the design. In essence, it shows the contribution of both the internal and external
strategies in the management sector and that by looking into these considerations; an enterprise
finds it easy to achieve sustainable competitive advantage. However, the enterprises would
realize this through optimization of the internal resources while they prevent any forms of
external threats. Extraction of any opportunities would also serve of great significance. Ideally,
the internal factors may be different depending on the type of the organization, which ends up
depicting their nature of interaction across a broad spectrum of the operational system. Some of
these include the firm's infrastructure that dictates the structure of the organization and the
hierarchical nature of the management team.
Regarding the human resources, individual skills, and expertise of the personnel boosts
strategic management and ensures incorporation of new forms of technology. Moreover,
sourcing is a vital issue governing the appropriateness of strategic management since an
organization can only operate depending on the available sources of finance. However, some
primary activities are crucial, and these comprise of sales and marketing, which help in the
identification of wholesale and retail markets for the products. Conversely, external opportunities
may encompass the markets or prospective customers who would dictate the types of products
depending on their needs and expectations. Considering the aspect of competition, an enterprise
that is well posed strategically has a sustainable competitive advantage over its competitors



thereby realizing improved productivity and profitability. Nevertheless, economic issues like
booms and recessions would bring about variations in the spending habits of individuals as the
former promotes business processes while the latter leads to deterioration. In essence, the
regulatory environment might be influential through the imposition of tariffs on imports and
exports as well as taxes on the corporate structure of the organization. These might lead to high
costs of the product thereby making it difficult to access due to the inability to afford.

Michael Ortiz. (2013). Varieties of Strategic management Systems: The Governance of
Knowledge Transfer in Europe, New York, Campus Verlag Frankfurt
The book gives a description of how the strategic management systems came into
existence and some of the factors, which might have led to their established designs. The systems
serve a critical role in promoting the process of technological change since technology is
embedded in the interaction of a range of procedures. Substantially, the evolutionary and
institutional theories help in the enhancement of such an approach in the business and
management sector. For an enterprise to acquire good strategic management systems there has to
be a sense of both individualism and collectivism. Through these, the individuals (personnel)
would identify their potentiality and the dynamics under which they operate while on the other
hand the or...

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