Explain functional strategy, Strategic Management

Assignment Help:

Explain Functional strategy

Functional strategy for J plc will be concerned with how the constituent parts of the organisation can effectively deliver the corporate and business level strategy in terms of resources, processes and people. Strategies at this level are concerned with ensuring the several functions like as production, marketing, human resources etc. can contribute to the achievement of corporate objectives. These strategies are to make sure a balanced portfolio of resources for business and corporate strategy execution.

 


Related Discussions:- Explain functional strategy

KOTTLER, EIGHT STAGE PROCESS

EIGHT STAGE PROCESS

Three stage transformation model of inputs, Product manufacturing operation...

Product manufacturing operations can be described as a three stage transformation model of inputs. Inputs Inputs are intangible. Unlike a traditional product, a servic

Strategic management of bread talk, This report discusses is based on the s...

This report discusses is based on the strategic management of Bread Talk. Bread Talk is, a Singapore based fFood cCompany . It is identified that under strategic management, The co

Dynamic performance management process, Q. Dynamic performance management p...

Q. Dynamic performance management process? The beyond budgeting approach should lead to  A more dynamic performance management process that will enable organisations

Critically examine importance of organisational culture, Question 1: Di...

Question 1: Discuss the following business strategies giving examples, and elaborate under what circumstances these business strategies are applied. i) Forward integration

What do you mean by trade payable days, Q. What do you mean by Trade payabl...

Q. What do you mean by Trade payable days? Trade payable days (turnover)   {Yearend trade payables / Credit purchases (or cost of sales)} x   365 days This is the length

Market based approaches, Q. Market based approaches? Cost based approac...

Q. Market based approaches? Cost based approaches to transfer pricing can ignore what external competition would charge, therefore 'open (external) market price' could be used

Beyond budgeting approach, The beyond budgeting approach may include the fo...

The beyond budgeting approach may include the following: Use of rolling budgets concentrating on cash forecasts and not cost control. Budgets revised more frequently

Advantages and disadvantages of the formal/rational approach, RF and JT are...

RF and JT are both former international rugby players who, when they retired, formed their own business, WFH Trading Company.  The company that they established at first manufactur

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd