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Managing Performance Questions 133–147 (page: 4)

Which of the following statements relating to disciplinary sanctions should not be true?

Select ALL that apply.

Michael Porter argued that nations can develop advanced business environments that are conducive to business development and lead to firms from one nation gaining a competitive advantage over firms from other countries. Porter used a diamond shaped diagram as the basis of a framework to illustrate and analyse the determinants that lead to national advantage.

Which of the following factors are present within the diamond framework?

Select ALL that apply.

What event occurs between the second and third stages of Gido and Clement's Project Life Cycle?

An organisation manufacturing cosmetics was set up five years ago and has since grown considerably.

The organisation did not have clear strategies and as such any approaches emerged. The directors feel a new way to strategy setting would be more appropriate; one that could offer a more thorough, intended, deliberate approach.

Which of the following is a suitable approach to developing strategy for this organisation?

Porter's Value Chain model is divided into two main categories. From the choices below identify the TWO categories: