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GG, the new CEO in an organisation, was surprised to find out that the company does not undertake competitor analysis. He was told that, as the organisation operates in a very dynamic market, things change too quickly to make analysis worthwhile.

Choose from the following the option that presents why competitor analysis is important.

Options:

It allows the organisation to use the budget that the Marketing Department has been allocated so it doesn't lose it in the future.

It is an activity that satisfies the senior managers' requests.

If competitor analysis is not undertaken a new competitor could have entered the market and could reduce the sales of the organisation.

It can help the company to market its products.

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Question 2

The type of culture typified in an organisation where there is a clear hierarchical structure, formalised rules for decision making and clearly defined jobs is called a

Options:

Task Culture

Person Culture

Power Culture

Role Culture

Question 3

Which THREE of the following would be considered as reasonable expectations of the mentoring process, for the mentee?

Options:

Career enhancement

Solving all problems

Support with new challenges

Discipline would be dispensed if they make a mistake

Personal development

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