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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.
Division X has a target return on investment (ROI) of 12%. It has fixed costs of £400,000 and a variable cost per unit of £5. The net assets of the division forecast for the next
Q. Illustration of extrinsic reward? Monetary reward is an illustration of extrinsic reward and considered as the most important of all 'hygiene factors' according to Frederick
bcg analyis matrix of mcb bank
what is describe as strength and weakness in strategic planning
Problem: Both person A and person B are purchasing bananas and apples from the same supermarket, where the price of a banana is $2 and the price of an apple is $1. Person A is curr
Design a comprehensive Change Management Strategy for your organisation/division/unit and with that (strategy) make sure that organisational diagnosis/analysis are addressed and cr
identify and critically analyse fundamental issues related to strategic management. Undertake a study that shows clear evidence of synthesis and evaluation
Q. Show the Advantages of reward systems? ¸ Motivation can be heightened e.g. performance enhanced if paid by results. ¸ can inspire creativity e.g. bonuses paid for staff
Limitations of economic value added (EVA) - Not well understood by users of accounts. - Divisions of different sizes cannot be relatively compared. Similarities of EV
Q. Illustrate about Asset turnover - performance ratios? Asset turnover = Turnover / Total assets or Capital employed This shows how
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