Describe how strategic decisions differ from other decisions that managers make. Are you able to identify the differences or say integration of the two components within Amazon? Give an example.
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Describe how strategic decisions differ from other decisions that managers make. Are you able to identify the differences or say integration of the two components within Amazon? Give an example.
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- Describe the three levels of strategy and what a manager developing strategy at each level is concerned with.What is Strategic Management? Define and explain with your own words may cite examples to support the answer. Illustrate the level of strategic decision and identify who among the organization belongs to every level.Explain why a company's strategy cannot be completely planned out in advance and why crafting a company's strategy cannot be a one-time, once-and-for-all managerial exercise. Identify at least 3 factors that account for why company strategies evolve.
- Describe how strategic decisions differ from other decisions that managers make. Are you able to identify the differences or say integration of the two components within your organization? Give an example.can you please explain according to generic business strategy models, which one is most appropriate for this case and explainChoose any organisation of your choice and employ the “SPACE Matrix” to demonstrate the current strategic position of the organization and clearly indicate the strategy options available to help match that organization’s internal environmental elements against itsexternal environmental elements. Support your presentation with a well labelled diagram.
- Select TWO DIFFERENT organizations i.e UNILEVER AND P&G brief SWOT analyses of both the organizations. In the SWOT Identify SEPARATELY at least TWO Strengths, Weaknesses, Opportunities, and Threats EACH for the selected organizations. Based on the SWOT analyses of both the organizations IDENTIFY THREE strategic choices (Such as Market Development, Diversification, Retrenchment Strategies etc.) for each of the organizations. Based on the Developed Strategic Choices, Compare and Contrast the strategic choices of both the organizations. Briefly discuss the PROS and CONS of the Choices for both the Organizations.5. Comment on the strategic management process. Can you innovate it? If so, what would you suggest?1. Create a clear diagram of the concept of strategic management with a label. 2.Disscuss the 6 point of strategy -direction -market scope -competitive advantage -resources -environment -stakeholders 3. Why do you have to understand the different strategies in the levels of management hierarchy?
- Should strategic managers adopt a scientific perspective or an artistic perspective on strategy? Explain.Who should analyze the external environment and how often? What is strategic myopia, and how it can be overcome?How does an organization reach its goals? List some examples of strategic decisions?