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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.
The equivalent to competitive benefit in public services is Ans) Best value
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
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.
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
Q. What do you mean by Controllable costs? Controllable costs Divisional variable (marginal) cost. Divisional 'specific' fixed cost e.g. Specifically incurred by
explain the levels at which strategy operate
Strategy used to gain as much sales volume as possible as fast as possible by undercutting competitors' prices.
Samsung multibusiness strategy
What is Strategic Management
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
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