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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.
External Factors Opportunity This plan will build a good image for Maribyrnong Council, even Melbourne. The opportunity for Maribyrnong Council, there maybe will attrac
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Planning which is the process of formulating future courses of action (i.e. deciding in advance what needs to be done, how it is to be done, when it is to be done and by who. W
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