Risk Reduction – NBC Institute

BMIS – Nov 2016 – L1 – Q3 – Introduction to business strategy

Discuss reasons for and against investing in the strategic planning process in a multinational company.

Question

At a recent board meeting of a multinational company, there was a heated debate on whether the company should continue to invest resources in strategic planning processes. A section of the board members believed that it is worth investing, whilst the other section opposed that decision because they considered such an activity as a waste of resources.

Your task is to state:

a) FIVE reasons why you think the company must continue to invest in the strategic planning process. (10 marks)

b) FIVE reasons why it might not be necessary for the company to invest in the strategic planning process. (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Strategy, Resource Allocation, Risk Reduction, Strategic Planning
Level: Level 1

Topic: Introduction to Business Strategy
Series: NOV 2016

BMIS – Dec 2023 – L1 – Q1a – Competitive forces and markets

Explains five benefits of forming a strategic alliance in the oil exploration industry.

Question

The Gana Oil Company was granted a license by the government to conduct its own oil explorations and drilling in Ghana. The Chief Executive Officer (CEO) on realizing the nature and the risks involved in the explorations and drilling venture decided to form an alliance with Emi Explorations International to implement the venture.

Required:

Explain FIVE (5) benefits Gana Oil Company will gain from the CEO’s decision.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Strategy, Oil Exploration, Risk Reduction, Strategic Alliance
Level: Level 1

Topic: Competitive forces and markets
Series: DEC 2023

BMIS – Nov 2016 – L1 – Q3 – Introduction to business strategy

Discuss reasons for and against investing in the strategic planning process in a multinational company.

Question

Your task is to state:

a) FIVE reasons why you think the company must continue to invest in the strategic planning process. (10 marks)

b) FIVE reasons why it might not be necessary for the company to invest in the strategic planning process. (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Strategy, Resource Allocation, Risk Reduction, Strategic Planning
Level: Level 1

Topic: Introduction to Business Strategy
Series: NOV 2016

BMIS – Dec 2023 – L1 – Q1a – Competitive forces and markets

Explains five benefits of forming a strategic alliance in the oil exploration industry.

Question

Required:

Explain FIVE (5) benefits Gana Oil Company will gain from the CEO’s decision.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Strategy, Oil Exploration, Risk Reduction, Strategic Alliance
Level: Level 1

Topic: Competitive forces and markets
Series: DEC 2023

Question Tag: Risk Reduction

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BMIS – Nov 2016 – L1 – Q3 – Introduction to business strategy

Discuss reasons for and against investing in the strategic planning process in a multinational company.

BMIS – Dec 2023 – L1 – Q1a – Competitive forces and markets

Explains five benefits of forming a strategic alliance in the oil exploration industry.

BMIS – Nov 2016 – L1 – Q3 – Introduction to business strategy

Discuss reasons for and against investing in the strategic planning process in a multinational company.

BMIS – Dec 2023 – L1 – Q1a – Competitive forces and markets

Explains five benefits of forming a strategic alliance in the oil exploration industry.

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BMIS – Nov 2016 – L1 – Q3 – Introduction to business strategy

Discuss reasons for and against investing in the strategic planning process in a multinational company.

You're reporting an error for "BMIS – Nov 2016 – L1 – Q3 – Introduction to business strategy"

BMIS – Dec 2023 – L1 – Q1a – Competitive forces and markets

Explains five benefits of forming a strategic alliance in the oil exploration industry.

You're reporting an error for "BMIS – Dec 2023 – L1 – Q1a – Competitive forces and markets"

BMIS – Nov 2016 – L1 – Q3 – Introduction to business strategy

Discuss reasons for and against investing in the strategic planning process in a multinational company.

You're reporting an error for "BMIS – Nov 2016 – L1 – Q3 – Introduction to business strategy"

BMIS – Dec 2023 – L1 – Q1a – Competitive forces and markets

Explains five benefits of forming a strategic alliance in the oil exploration industry.

You're reporting an error for "BMIS – Dec 2023 – L1 – Q1a – Competitive forces and markets"

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Customer

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