Evaluating the data collected from environmental analysis

Assignment Help Operation Management

Reference no: EM131414713

Evaluating the data collected from environmental analysis, the corporate executives of F&S Pharma Inc. realized that it was the right time to expand the business. The company's vision was accordingly adjusted from "To Be the Best in the Pharmaceutical Industry" to "To Make Good Health Accessible to Everyone around the Globe." To support the new vision, the executives decided that the company would first enter the Asian market where its growth potential would be huge. To further support these decisions, the general managers of different SBUs and the functional managers formulated their own strategies. Which of the following approaches to the development of strategy does this best illustrate?

A. Reverse mentoring

B. Top-down strategic planning

C. Bottom-up strategic approach

D. Scenario planning

Reference no: EM131414713

Questions Cloud

Personal integrity-cultural mindset-global sustainability : In the 2010 IBM Global CEO Study, 60 percent of those interviewed named _______ as the single most important attribute for leaders in the next five years. Personal integrity, cultural mindset, and global sustainability are all key elements of.

How should robin implement the recommended plan : Robin Hood It was in the spring of the second year of his insurrection against the High Sheriff of Nottingham that Robin took a walk in Sherwood Forest. As he walked he pondered the progress of the campaign, the disposition of his forces, the Sheriff..

Discuss the russian culture particularly : Discuss the Russian culture particularly as it relates to cell phone consumption. On another note, identify and discuss product categories that are accepted in Russia, but would be rejected in the USA due to cultural differences.

Marketing communications mix for a small business : How "he marketing communications mix for a small business, either pure-play or brick-and-click, will consist of some combination of the following major modes of communication: advertising, sales promotion, events and experiences, public relations (PR..

Evaluating the data collected from environmental analysis : Evaluating the data collected from environmental analysis, the corporate executives of F&S Pharma Inc. realized that it was the right time to expand the business. To further support these decisions, the general managers of different SBUs and the func..

Employees lack technological expertise to produce : Karen has just completed a assessment that indicates that her employees lack technological expertise to produce a new product line she has discovered one of firms. which one it is :strengths ,weakness, threats, opportunities

How technology can positively impact business initiatives : The integration, acceptance, and popularity of technology in the current marketplace and workplace are widespread, particularly with respect to marketing. Marketing opportunities have exploded with the rise of digital technology and the Internet, and..

Explain consequences stemming from differences in pay : You are the manager of a department in the company where you work. Assume many employees in your department feel underpaid. What do you predict their behavior and performance to be? Equity theory can be used to explain consequences stemming from diff..

The ten-member housekeeping staff varies greatly : You are the manager of a large hotel, and have noticed that the work performance of the ten-member housekeeping staff varies greatly. Within the same period, three of the employees clean twice as many rooms as other seven. What will you do?

User Account

All Pages