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problem 1:

(a) Conceptualise ‘strategy’ and illustrate out ‘strategy’ from Mintzberg’s approach.

(b)  Make a distinction between strategic management and strategic planning.

(c) Make a distinction among Corporate, Institutional and Competitive strategies.

problem 2:

In this era of the globalization, it is significant to determine the building blocks of purchasing strategy and defining them for employ as the basis for upgrading a purchasing function in a world-class operation. Illustrate out the building blocks of an effective purchasing strategy. 
problem 3:

Surveys demonstrate that only 10% to 15% of company strategies are successfully implemented. Discuss and illustrate out why purchasing strategies fail to get implemented. Provide exs to demonstrate your answer. 
problem 4:

Analyze Reck and long four (4) stage purchasing development model. 

problem 5:

Illustrate out Porter’s five forces model of industrial attractiveness.

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