(i) Strategy is created to take into account the probable behavior of customers
and competitors. Strategies dealing with employees will predict the employee
behavior.
(ii) Strategy deals with long term developments rather than routine operations,
that is, it deals with probability of innovations or new products, new methods of
productions, or new markets to be developed in future.
(iii) Strategy is created to take into account the probable behavior of customers
and competitors. Strategies dealing with employees will predict the employee
behavior.
maurice.mutuku answered the question on August 2, 2019 at 08:06
-
What are the concepts and techniques of strategic management?
(Solved)
What are the concepts and techniques of strategic management?
Date posted:
August 2, 2019
.
Answers (1)
-
What is Strategic management?
(Solved)
What is Strategic management?
Date posted:
August 2, 2019
.
Answers (1)
-
Discuss the various types of organizational resources and capabilities
(Solved)
Discuss the various types of organizational resources and capabilities
Date posted:
August 1, 2019
.
Answers (1)
-
Give the stages of a product’s life cycle and the accompanying characteristics
(Solved)
Give the stages of a product’s life cycle and the accompanying characteristics
Date posted:
August 1, 2019
.
Answers (1)
-
Highlight the various types of business entry barriers
(Solved)
Highlight the various types of business entry barriers
Date posted:
August 1, 2019
.
Answers (1)
-
Which are the techniques involved in Competitor Analysis?
(Solved)
Which are the techniques involved in Competitor Analysis?
Date posted:
August 1, 2019
.
Answers (1)
-
Highlight the steps involved in Strategy Formulation.
(Solved)
Highlight the steps involved in Strategy Formulation.
Date posted:
August 1, 2019
.
Answers (1)
-
Give reasons why it is necessary to build a strong and effective organizational culture.
(Solved)
Give reasons why it is necessary to build a strong and effective organizational culture.
Date posted:
August 1, 2019
.
Answers (1)
-
List the types of Organizational Cultures
(Solved)
List the types of Organizational Cultures
Date posted:
August 1, 2019
.
Answers (1)
-
What are the symptoms of an ineffective Organizational Structure?
(Solved)
What are the symptoms of an ineffective Organizational Structure?
Date posted:
August 1, 2019
.
Answers (1)
-
Highlight the components of an effective strategic implementation
(Solved)
Highlight the components of an effective strategic implementation
Date posted:
August 1, 2019
.
Answers (1)
-
Give the benefits of Strategic Management
(Solved)
Give the benefits of Strategic Management
Date posted:
August 1, 2019
.
Answers (1)
-
What is the role of Strategy?
(Solved)
What is the role of Strategy?
Date posted:
August 1, 2019
.
Answers (1)
-
Give the hierarchy or the levels of Management
(Solved)
Give the hierarchy or the levels of Management
Date posted:
August 1, 2019
.
Answers (1)
-
Give the processes of strategic management
(Solved)
Give the processes of strategic management
Date posted:
August 1, 2019
.
Answers (1)
-
Highlight the features of well-made goals
(Solved)
Highlight the features of well-made goals
Date posted:
August 1, 2019
.
Answers (1)
-
What are the features of a Mission?
(Solved)
Highlight the features of a Mission.
Date posted:
August 1, 2019
.
Answers (1)
-
Identify and explain the mechanisms for evaluating and controlling a strategy.
(Solved)
These are the mechanisms appropriate in the process of evaluating and controlling a strategy.
Date posted:
June 3, 2019
.
Answers (1)
-
Explain the challenges of strategy implementation.
(Solved)
These are the challenges which make strategy implementation quite a tricky affair for managers.
Date posted:
June 3, 2019
.
Answers (1)
-
What are the differences between strategic objectives and operational objectives?
(Solved)
Comparison between strategic objectives and operational objectives.
Date posted:
June 3, 2019
.
Answers (1)