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Components of Strategy
Strategy has four basic components:Scope: which refers to the position the firm wants to have in relation to its environment.
Resource deployment indicates how the organization intends to allocate resources.
Competitive advantage is the specification of what advantage(s) the firm holds relative to competitors and
Synergy is the extent to which various businesses within the firm can expect to draw on one another.
Q. Illustrate the Product life cycle? Every food product passes through different phases throughout its life and therefore, the need for development of a new product arises. Ea
Steps for National Competitive Bidding (NCB) Similar to ICB, we have two ways involved in NCB: one with pre-qualification, another without prequalification. Steps for NCB are
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Ask question #MinimumIn its first year, “ABC Co” had the following experience Sales = 50,000 units Selling price = br. 50 TVC = br. 1,000,000 TFC = br. 250,000 Required: A. Devel
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what action should be taken by various functioal managers to meet the scheduled dates
C y c le Time Optimisation Cycle time optimisation is an operating philosophy of maximising the efficiency of the sub optimal value-added activities while reducing the non-
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