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Assignment Set- 1 (Marks 30) Note: Each question carries 10 Marks. Answer all the questions
1. a. Discuss the factors, which impact the organisations need for having a business strategy. b. List out the differences between a policy and a strategy. 2. What are the benefits available to an enterprise which tries to practise strategic management? 3. Define strategic vision. Explain the role to be played by a strategist in a business organization.