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In management strategic decision making involves great complexity, uncertainty and risk. Describe the strategic decision making process and consider the effects of bounded rationality and cognitive simplification on the performance of strategic decision makers.
Q. Neely's 4Cs in performance measurement 1. Check position e.g. where are we now? 2. Communicate position e.g. to internal and external stakeholders. 3. Confirm pri
Akash Engineering Ltd. (AEL) had achieved sales of Rs. 3440 lakhs during the year 2004-05 against sales of Rs. 1209 lakhs previous year. The sales this year were highest ever achie
Limitations of economic value added (EVA) - Not well understood by users of accounts. - Divisions of different sizes cannot be relatively compared. Similarities of EV
This introduction of technology (for example, the Internet/mobile technology/software) has eliminated some industries and has significantly impacted/threatened several others. Howe
Q. Recommended process to develop a performance measurement system 1. Senior management need to determine a clear vision of the change that will be required and demonstrate c
1 - Assess the resource needs for executing an e-strategy in an organisation. 2 - Develop an execution schedule for an organisation's e-strategy. 3 - Assess how existing busi
QUESTION Strategic decisions are the essence of strategic management. According to Pears & Robinson, typically, strategic issues have certain dimensions. Write short notes on e
identify and critically analyse fundamental issues related to strategic management. Undertake a study that shows clear evidence of synthesis and evaluation
Four perspectives of the balanced scorecard Customer perspective e.g. what should we do right for our customers and what do they value? Internal perspective e.g. what
The following details are available for company Z · Share price at the beginning of the year £3.87 Share price at the end of the year £4.23 Dividend proposed and pa
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