Explain strategic management and planning

Assignment Help Operation Management

Reference no: EM13100521

Select a small business that you may want to start and write a brief description of it. What is strategic management and planning? Why would a strategic plan be important to the success of this business? How are the four functions of management relative to creating and implementing a strategic plan?

Reference no: EM13100521

Questions Cloud

Break-even point for a given month : What is the net income of SouthCo if unit sales are twice the break-even point for a given month?

How low can we profitably go? : Prepare a memo: How Low Can We Profitably Go - Recent reports reveal that Everest has started a new wave of construction in the Kansas City area, after having stopped their expansion one year ago. Their financial health has apparently improved ov..

Information regarding poisson probability : What type of probability distribution is appropriate for this problem? Determine the probability of getting no calls between eight and nine in the morning. Calculate the probability of getting exactly five calls between eight and nine in the morning

How far could you pedal a bicycle : Suppose your body was able to use the chemical energy in gasoline, How far could you pedal a bicycle? How far could you pedal a bicycle at 15km/hr on the energy in 1.8 gal of gas? (1 gal of gas has a mass of 3.2 kg)

Explain strategic management and planning : Select a small business that you may want to start and write a brief description of it. What is strategic management and planning? Why would a strategic plan be important to the success of this business?

Variance and standard deviation of number of admissions : The director of admissions at Kinzua University in Nova Scotia estimated the distribution of student admissions for the fall semester on the basis of past experience.

How much power must the motor supply : An elevator weighing 2500 N ascends at a constant speed of 8.0 m/s. How much power must the motor supply to do this?

Determine the percentage of samples of size : Scores of an aptitude test are normally distributed with a mean of 280 and a standard deviation of 30. Determine the percentage of samples of size 4 that have a mean score within 21 points of the population mean score of 280.

Information about binomial distribution : Given a binomial distribution with n=29 and p=0.83, would the normal distribution provide a reasonable approximation? Why or why not.

User Account

All Pages