Which of the following is NOT a reasonable benefit of strategic planning? Group of answer choices Can lower costs Can replace the need for effective leadership. Can increase productivity. Can solve complex problems
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Which of the following is NOT a reasonable benefit of strategic planning?
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- Please do not give solution in image format thanku Define the four key categories of preparation that leadership teams should consider for a successful strategic analysis. How do the 12 steps support a successful strategic planning process? The 12 steps are identified and explained in Chapter 3 of the assigned Harris textbook.Which of the following is not an advantage of strategic management? a. It provides organizations with a clearer sense of direction and purpose b. It helps improve the political, economic, social, and technological environment of the organization c. It helps orientate management decisions to relevant environmental conditions d. It helps organizations be proactive rather than reactiveWhy is consistency between strategic and tactical objectives important? a. Because they are develop simultaneously. b. Consistency is a key component of measurement. c. Consistency assures that tactics do not work against strategies. d. Because strategy naturally flows from tactics.
- Which of the following is NOT true of a good balanced scorecard? a. It identifies all measures, whether significant or small, that help to implement strategy. b. It uses nonfinancial measures to serve as leading indicators of future financial performance. c. It helps to communicate corporate strategy to all members of the organization. d. It tells the story of a company's strategy by articulating a sequence of cause-and-effect relationships.how to respond to this in 100 words? A stability strategy is a corporate strategy that focuses on maintaining the current business operations and staying consistent with existing products, markets, and business processes (Parnell, 2017). This strategy aims to avoid major changes and risks, and instead, focuses on optimizing efficiency and profitability within the current business model (Wang et al., 2020). There are many reasons why an organization may choose to adopt a stability strategy, as this strategy is usually adopted when a company operates in a stable industry with limited growth opportunities and has achieved a dominant market position (Parnell, 2017). Oftentimes, stability strategies are employed during times of uncertainty or economic downturn, making core business and resource conservation a priority (Wang et al., 2020). Although stability strategies appear to be less dynamic and aggressive in comparison to growth or innovation-focused strategies, stability strategies can,…Is a strategic issue positive or negative? Positive, because once the strategic issue is addressed, it becomes the focus point of the business Positive, because the issue can be resolved and dealt with Negative, because the issue cannot be resolved Negative, because your company should not be having strategic issues Positive, because as long you are strategic, it will work out.
- The five-year meeting for setting a strategic plan requires management to have specific skills in all of the following areas except which of the following? Select one: a. handling information b. controlling the organization’s environment and its resources c. technical skills d. organizing and coordinatingWhich of the following is not a benefit of Strategic Management? Sharper focus on what is strategically important New top management for the organisation Sense of strategic vision Understanding of tubulent environmentTask: Respond to the Discussion A discussion response is meant to allow a person time for personal reflection in order to respond thoughtfully to a topic following a group discussion in which ideas and thoughts were exchanged on a particular topic or issue. Discussion: Establishing a sustainable services marketing strategy is key for businesses. This can be done by offering services that have high value proposition, high quality, and benefit the environment (Wirtz & Lovelock, 2018). Businesses must ensure that it is not only a solid plan for the short term, but that it is a plan that will continue to grow with the company and be beneficial in the long term. As companies grow their marketing strategy might change, but there are essential questions that it should always be able to answer. This includes, why are you doing what you are doing? What is the purpose of the company and what they are selling? What are the goals it wants to achieve? How can it achieve those? How are they…
- NOTE: PLEASE GIVE SELECT THE ANSWER DONOT DEFINE THE ANSWES THERE IS NO NEED OF EXPLINATION "One of the functions of strategic apex is management of organization boundary conditions, its relationship with its environment. Which one indicate this role" Figurehead Entrepreneur Monitor Diseminator Scientific Management is: The examination of the ethic bounds of manages relative to science Using scientific method to define the one best way to do the job Working to improve the research and development operation of the firm compared to competing firms The use of scientific method to develop new products "Which management school of thought emphasized the designing and managing of organizations on an impersonal, rational basis through such elements as clearly defined authority and responsibility, formal recordkeeping and uniform application of standard rules?" Contingency Theory Human Relations Theory…Give typing answer with explanation and conclusion Lack of technical know-how. Lack of strategic agility. Baffled business strategy. Reviewing and Evaluating the Business Strategy Continuously. Opening up to Every New and Discovering New Benefits. Do Not Ignore Brainstorming.Good strategy aligned with good strategy execution: Group of answer choices A,.is a more important management function than forming a strategic vision and mission. B. is the clearest indicator of overall good management. C.offers a surefire guarantee for avoiding weak financial performance. D.is the best sign that a company has one true leader.