Considered important for effective strategic formulation

Reference no: EM131707539

(1) Explain the concept of the five forces model. Why is this considered important for effective strategic formulation? How can we use this model for strategic formulation?

(2) Find and explain several conditions that will cause high rivalry among competing firms in the fast food industry.

Reference no: EM131707539

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Outcomes-rewards regardless of input-output or performance : Equality, on the other hand would mean that we would all receive the same outcomes/rewards regardless of input/output or performance. Does this make sense?

The diversity of ages are most often referred : Differences that occur among the work force because of the diversity of ages are most often referred to as:

Nature of leadership in work organizations : As technology advances further in the years to come, how do you think the nature of leadership in work organizations is likely to change?

Internal assessment for effective strategy formulation : Explain why internal assessment is such important for strategic formulation? How strategists will use internal assessment for effective strategy formulation?

Considered important for effective strategic formulation : Explain the concept of the five forces model. Why is this considered important for effective strategic formulation?

Explain why performing accurate external audit : Explain why performing accurate external audit is very important for effective strategic formulation?

Legal relationship between construction specifications : What is the legal relationship between construction specifications, change orders and dispute resolution?

Using variables control charts is to stabilize process : The advantage of using variables control charts is to stabilize a process so that management can predict process performance into the future.

Develop report that will be given to the senior management : Conduct a market analysis for your chosen company and develop a report that will be given to the senior management of your chosen company.

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