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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.
One of the characteristics unique to governmental and not-for-profit organizations is the inability to eliminate unprofitable activities. Clearly, in the case of these activities,
Question 1: (a) What is a TNA, and why is it conducted? (b) What are the key stages to conduct a Training Needs Assessment? (c) Having undertaken an organization-wide TNA
Scenario Even ‘well run' organisations can fail to stay atop of their industries when they are challenged by certain market or technology change. Change is an imminent part of busi
What is Production? Production: Production is any procedure or process developed to transform a set of input tools as men, capital, materials, information and energy with
Describe the contents of a project initiation document. Contents of a PID (project initiation document): • Terms of reference for example the concept of the report • Scop
Cost Targeting Cost targeting is the pricing method which has to be used by the firms. It is defined as the cost management tool used for reducing the overall cost of the produ
Advantages of Product Layout - Low Work in Progress Since production is carried on in a pre arranged continuous sequence, the stock of work in progress of materials in transit
Ask question #MinimumIn its first year, “ABC Co” had the following experience Sales = 50,000 units Selling price = br. 50 TVC = br. 1,000,000 TFC = br. 250,000 Required: A. Devel
Explain about the development phase in the project management. Development phase During the development phase, everything that will be needed to implement the project is
Question 1: (a) There are clear messages given to managers as far as how should rewards be. Elaborate on these messages. (b) Illustrating your answer with relevant examples,
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