02.d. Analysing Stakeholder Strategy 2: Part 4

02.d. Analysing Stakeholder Strategy 2: Part 4

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Question 1 of 5

1. Question
20 point(s)
1. The term ‘schema’ refers to:
- a. A visual reference point to guide your own thinking and actions
- b. A tool to help your stakeholder improve the organisation’s/ department’s efficiency levels
- c. A fail-proof way of influencing your stakeholder’s strategy
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Question 2 of 5

2. Question
20 point(s)
2. In-and-of itself, which of the following objectives does the four-quadrant schema that this lesson describes enable you to meet. Pick as many options as you wish:
- a. Understand, how the department or business leader you are speaking with seeks to improve the organisation’s competitive advantage in the market
- b. Identify what the economic prospects of the organisation appear to be in the light of recent events, and choose the most appropriate way forward
- c. Assess, where your stakeholder is deciding to place their bets currently, and why
- d. Check the soundness of your stakeholder’s strategy
- e. All of the above
- f. None of the above
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Question 3 of 5

3. Question
20 point(s)
3. Which of the following are indicated against the vertical axis of the schema mentioned in this lesson? Pick as many options as you wish:
- a. Products, processes, systems already existing
- b. Matters that require immediate action
- c. Products, processes, systems the organisation wishes or needs to build
- d. Matters that assume importance ‘in the long-run’
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Question 4 of 5

4. Question
20 point(s)
4. Which of the following would constitute a strategy that would fall in the Top-Right quadrant of the schema (Needs to be Developed-Urgent)?
- a. The devising of products/ processes/ systems that will enable organisations to enter hitherto unexplored markets
- b. The organisation has innovated and developed a product, and wants to devise a way to test market acceptance of this product
- c. An existing process/ system is needs to be fine-tuned to overcome problems that are occurring repeatedly
- d. An existing process/ system is working fine, but senior management wants to further improve its efficiencies
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Question 5 of 5

5. Question
20 point(s)
5. Which of the following would constitute a strategy that would fall in the Bottom- Left quadrant of the schema (Existing Currently-Important)?
- a. An existing process/ system is needs to be fine-tuned to overcome problems that are occurring repeatedly
- b. An existing process/ system is working fine, but senior management wants to further improve its efficiencies
- c. The devising of products/ processes/ systems that will enable organisations to enter hitherto unexplored markets
- d. The organisation has innovated and developed a product, and wants to devise a way to test market acceptance of this product
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