A nation’s competitiveness is very important more so in the present global economic world with a very volatile business competition. Michael Porter has given the diamond model as a tool to measure the nation’s competitiveness. With a clear illustration discuss in detail the application of Professor Michael Porter’s Diamond model in the Kenya’s vision 2030, and how Kenya will be expected to become competitive globally. (10 marks)
a. The role of careful formulated strategies is quite significant in all types of organizations business or non-business, public or private sector, large or small, in developed countries or underdeveloped countries. Explain the four main roles of a strategy. (5 marks)
b. Managers must be trained to avoid the risks of unintended negative consequences involved in strategy formulation and implementation. What are the consequences? 5 marks
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