SCRIPT 2026 COMPLETE ANSWERS VERIFIED
◉ Strategic managers for all levels. Answer: Corporate -CEO, board
of directors, corporate stuff
Business Level - Divisional managers
Functional Level- functional managers, business functions
◉ Corporate governance. Answer: the relationship among various
participants in determining the direction and performance of
corporations. The primary participants are the shareholders, the
management, the board of directors
◉ Secondary goals. Answer: Are objectives to be attained that lead
to superior performance.
◉ Mission. Answer: set out why the organization exist and what
should it be doing .
◉ vision. Answer: Is a shared vision that reduces daily monotony,
provides opportunity & Challenge
, ◉ BUSINESS LEVEL (ways to overcome 5 forces). Answer: -Overall
Cost leadership
Attaining, then using the lowest total cost basis as a competitive
advantage. (cons: too much focus on an activity, increase in the cost
of inputs, easily imitated, reduce flexibility)
-Differentiation
Using product features or services to distinguish the firm's offerings
from its competitors. (cons: uniqueness is not valuable, too much
differentiation, expensive prdct).
-Focus Strategy:s strategy to appeal to a narrow market segment
within an industry. (cons: erosion of cost adv., competition)
◉ SWOT. Answer: Weaknesses (1. Snapshot, 2. A strength may not
be a competitive adv. 3. temporary 4. Starting Point
◉ Internal Analysis (S/W). Answer: Identify strength (Resources,
capabilities, competences):
-Quality and Quantity of resources available
-Distinctive competences
Identify Weaknesses:
-Inadequate resources
-Managerial and organizational deficiencies
◉ External Analysis (O/T). Answer: 1. Scan