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What Is Strategy & Why Strategy Is Important?
Managers at all companies facade three innermost questions in view strategically concerning their companies' current circumstances & scenario: Where are we at the moment? -concerns the ins &outs of the companies present condition - its market rank, how appealing its products or services are to consumers, the competitive pressures it confronts, its strengths & weaknesses, & its current performance - Where do we want to go?-deals with the method in which management believes the company should be headed in conditions of growing the business & strengthening the companies market standing & financial performance in the years forward - How will we get there? - Concerns crafting & implementing a strategy to obtain the companies from where it is to where it wants to go.
Times it consists concerned with the determination of the amount of time required to perform a unit of work. It consists of process of observing and recording the tim
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explain strategy as an organisational process
Q. Explain about Position ratio - working capital ratio? 1 Current ratio (CA) or working capital ratio CA = Current assets / Current liabilities (times) The current
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