QUESTION FOUR (4) At a press briefing on Friday, 1t November, 2013, the Chief Executive Officer of K

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QUESTION FOUR (4) At a press briefing on Friday, 1t November, 2013, the Chief Executive Officer of Konkola Copper Mines announced that his company will lay off 1500 employees to enable the company to operate in a sustainable manner. He went on to explain that the end of the lifespan at some of the companys mining operations is one of the reasons for the decisions to retrench some of the workers (a) What strategy is implicit in the decision to lay off workers? (b) Explain the role of the political environment in the formulation of strategy, with specific reference to what has transpired at Mopani. (20 marks) QUESTION FOUR (4) At a press briefing on Friday, 1t November, 2013, the Chief Executive Officer of Konkola Copper Mines announced that his company will lay off 1500 employees to enable the company to operate in a sustainable manner. He went on to explain that the end of the lifespan at some of the company's mining operations is one of the reasons for the decisions to retrench some of the workers (a) What strategy is implicit in the decision to lay off workers? (b) Explain the role of the political environment in the formulation of strategy, with specific reference to what has transpired at Mopani. (20 marks)

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