The Board of a supermarket chain has decided that to compete more effectively against its competitors, it needs to change its strategy and pursue a differentiation-focus strategy. The Board ' s aim is to pursue differentiation to attract customers who have a higher disposable income and want to buy luxury food and other goods.

Which statements are valid for this differentiation-focus strategy? 

Select ALL that apply.

Organizations require resources to undertake a strategy and these can include physical, human, financial and intangible resources. However, alone they will not ensure Organizational success. For that, resources must be combined together to create competences.

The competences which form the basis of competitive advantage are things that an Organization is able to do and are very difficult for competitors to copy.

Which of the following describes this?

Which of the following would be correct considerations when evaluating the Feasibility of a strategy? (Choose all that apply.)

D is a Project Manager. D has just left a meeting with the Executive Team of his Organization. D is delighted that the Executive Team has given support to D ' s proposal to implement a knowledge management system in the Organization.

What should be the next activity that D undertakes in this project?

Which of the following techniques is concerned with evaluating the interrelationships between the competitive moves of a set of competing organisations?

' Change-adept ' Organizations are those that manage change successfully. Moss-Kanter identified skills required by Organizational leaders which are necessary to lead ' change-adept ' Organizations.

Your Organization is undergoing significant change and the appointment of a new CEO is imminent. You have been asked to recommend the key skills for assessing the shortlist of CEO candidates against. 

Which of the following statements are suitable for use as the selection criteria for the new CEO, consistent with the ideas expressed by Moss-Kanter?

Select ALL that apply.

According to Johnson, Scholes and Whittington, Suitability is an important consideration when evaluating potential alternative investment strategies.

Which of the following is a Suitability consideration?

PPP uses the Boston Consulting Group Matrix (BCG Matrix) to prioritise products for investment and divestment. PPP invests or divests according to the quadrant of the BCG Matrix that the product occupies.

Which TWO of the following quadrants might receive only as much investment as required to maintain PPP ' s relative market share?

RRR is an insurance company which maintains an extensive database of its customer transactions over the last 10 years. RRR is developing a new product and has carried out a SWOT analysis.

Within which of the following aspects of the SWOT analysis would RRR include its customer database?

Which of the following is NOT one of the main principles contained within the UK Corporate Governance Code?