E2模拟题（一）
Question One
K Company is a small but fast growing manufacturer of specialised cutting tools for the precision engineering industry located in S Country, which is home to many similar companies including the current world leader in this field. The processes involved in the manufacture of the company's products not only depend on having highly skilled workers, but also on the use of high quality specialist steel. K Company sources the specialist steel from a number of local suppliers, along with other vital component parts.
Whilst K Company has, to date, enjoyed strong demand for its products in S Country, sales are now slowing down. The company is therefore considering whether it should move into new markets since it has recently attracted a lot of interest from potential buyers of its products in other countries.
Required:
Apply Porter's Diamond to examine the possible sources of national competitive advantage that K Company may enjoy.
Question Two
The increasing success of organisations which have demonstrated that strong ethical values can be a key driver of profit and competitiveness has prompted G Company to reflect on its own situation. In particular, what it can do to develop itself as an ethical organisation and build its reputation as a leading ethical company.
Required:
Explain the approaches G Company could use to help it develop as an ethical organisation.
Question Three
Management of risk is considered critical to project success. Many organisations will scale the activity of risk management so that it is commensurate with the size and complexity of the project under consideration. However, irrespective of the size of the project, it is important for an organisation to focus on identifying the key risks, if possible, and keeping unwanted outcomes to a minimum.
Required:
(a) Distinguish between project risk and project uncertainty.
(b) Describe the ways in which risks associated with a project can be managed.
