CPU BUSINESS AND INFORMATION TECHNOLOGY COLLEGE

STRATEGIC MANAGEMENT INDIVIDUAL ASSIGNMENT (10%)

INSTRUCTIONS:

 Read the following questions carefully and answer.

 Copying the answers from someone’s work is strictly prohibited.
 Maximum pages: 4 pages excluding the cover page.
 Submission date: December 31/2022
 Submitted to: Instructor Lalisa Hora

1. How can a decision maker identify strategic factors in a corporation’s external

international environment?

Strategic decision making are decisions that are made according to a company's

goals or mission. It takes courage for a manager to implement strategic decision

making. These decisions could take the company into new directions that may or

may not succeed.

For a decision-maker to identify strategic factors in an organization, they have to analyze

the competitors, the macro analysis to highlight the external factors, the behaviors of the

customers, the population of their target customers, and the needs and desires of the

customers.  For a decision-maker to identify strategic factors in an organization, they

have to analyze the competitors.

2. In what ways can a corporation’s structure and culture be internal strengths or

weaknesses?

What are the internal strengths and weaknesses?

 The Internal Analysis of strengths and weaknesses focuses on internal factors

that give an organization certain advantages and disadvantages in meeting the

 needs of its target market. Strengths refer to core competencies that give the firm

an advantage in meeting the needs of its target markets

 Weaknesses are the constraints that impede a company's success in a certain

strategic direction—in other words, what the company does not do well. Typical

company weaknesses might be: Inadequate definition of customer for

product/market development. Confusing service policies.

Organizational structure and organizational culture have a dependent relationship with

one another. In the business world, management structure determines the

behaviors, attitudes, dispositions and ethics that create the work culture.

A healthy and diverse corporate culture will act as an internal strength for the firm

whereas too much openness can result in employees taking their work lightly and

wasting time. There are increased chances of conflicts in this case. This is how a

certain corporate culture becomes an internal weakness.

SWOT analysis is a framework for identifying and analyzing an organization's

strengths, weaknesses, opportunities and threats. These words make up the

SWOT acronym. The primary goal of SWOT analysis is to increase awareness of

the factors that go into making a business decision or establishing a business

strategy.

3. How might a firm’s management decide whether it should continue to invest in

current known technology or in new, but untested technology? What factors

might encourage or discourage such a shift?

If the risk of failure is extremely high and estimated profits are low, the firm may

find investment in the current technology to be the best decision. However, if the
 potential gains are substantial and risk is tolerable investment into the new

technology will be worth the risk. Invest

4. How should a corporation attempt to achieve synergy among functions and

business units?

5. Are functional strategies interdependent, or can they be formulated

independently of other functions? Why or why not?