Importance of strategic management , Strategic Management

Assignment Help:

Discuss What is the importance of strategic management towards the success of a business?

Ans) Strategic management used to play a dissimilar after the Second World War. Strategic plans of the past generally range 3 to 5 years. Some companies could even have plans for 10 good years. That is not possible today given rapid evolution of our society.

 


Related Discussions:- Importance of strategic management

Public services, The equivalent to competitive benefit in public services i...

The equivalent to competitive benefit in public services is Ans)  Best value

Technical infrastructure , 1 -  Develop a plan for an e-strategy that  make...

1 -  Develop a plan for an e-strategy that  make sure  an organisation retains its competitive  benefit in a global market. 2 - Specify the technical infrastructure needed in an

Show the merits of residual income, Q. Show the Merits of residual income? ...

Q. Show the Merits of residual income? Merits of residual income (RI) -  Consistent or goal congruence with profit maximisation e.g. an enforced measure of profitability.

Calculate the price earnings ratio, Q. Calculate the Price earnings ratio? ...

Q. Calculate the Price earnings ratio? Price earnings (PE) ratio PE   = (Market share price/EPS)                     (no. of times) The PE ratio is most widely quoted inv

What do you mean by controllable costs, Q. What do you mean by Controllable...

Q. What do you mean by Controllable costs? Controllable costs Divisional variable (marginal) cost. Divisional 'specific' fixed cost e.g. Specifically incurred by

Define a penetration pricing strategy, Strategy used to gain as much sales ...

Strategy used to gain as much sales volume as possible as fast as possible by undercutting competitors' prices.

Samsung, Samsung multibusiness strategy

Samsung multibusiness strategy

Decision-making about production and operations stp, You are the newly-appo...

You are the newly-appointed Marketing Director of a multinational company operating in the national and regional plantation industry. In order to achieve a 100% business growth com

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd