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Taken together, the organisation's external environment, internal context and core purpose form the basis of the its value proposition - which is an articulation of the organisation's strategic intent, in alignment with the notion of defining, creating and ultimately delivering superior value (shown by the value cycle displayed in the upper part of the diagram), on the basis of which the firm achieves competitive advantage through differentiation in its markets.
To that end, the Strategic Direction part dovetails with the both the GBE perspective (which informs about the organisation's - increasingly global - external environment) and the CFG perspective, which relentlessly seeks to understand and shed light on the organisation's ability (or disability!) to create superior value; with particular view to future value creation and managerial tasks related to that objective.Strategic Direction might therefore be seen to be positioned between GBE (global macro-level analysis) and CFG (focused micro-level); though to be clear about this, SD is (also) positioned at the firm and therefore 'micro' -level. The first important task of strategy is about making sense of the organisation's external and internal competitive context; we call this strategic analysis. Its objective is to generate relevant insights through focussed issues analysis.
Do you think global businesses would be willing to subscribe to a global code of conduct? why or why not?
It allocates costs based on the price elasticity of demand. Yet higher the elasticity (elastic), the lower the charge of fixed costs when allocated amongst products.
Advantage of North West Corner Method: a. This methods is very effective as it provide step by step solution. b. It is very simple to obtain optimum solution through this
Whom do you think Rajender will eat with? Why?
? A) Game theory emphasize short-term strategy to be employed in competitive strategies rather than a long-term strategy. ? B) Game theory is about thinking how competitors will
However, there are also costs for Natalie choosing to operate as a single trader: individual proprietors have limitless liability so this means that Natalie could possibly l
Define Channel System
QUESTION (a) Explain how effective teamwork is beneficial to both the individual and the organisation. (b) Team leaders must be on the lookout for symptoms of ineffective te
match each strategic predisposition
Problem 1: (a) What are the relevant components of an E-business model? (b) What is an Electronic Payment System? Why is it important? (c) Explain how payment gateway
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