Strategic Management
What is Strategic Alliances? Strategic alliances can be a vehicle for achieving important strategic objectives—such as lowering costs, creating new sources of differentiation, or entering new markets. A strategic alliance—sometimes…
What is Integration Strategies? Integration Strategy basically means combining various activities related to the present doings of the firms on the grounds of the value chain. This strategy is practiced…
Strategic Intent Strategic Intent is the elevated degree of proclamation or plan which is created to accomplish an essential vision. It is one of the progressive ideas in essential administration.…
In the matrix structure, project managers are assigned to a variety of projects — rather than a single one — whose activities cut across traditional departments. Matrix structure is simply…
The successful implementation of strategy requires an effective organization. People working within a firm should know how their actions interrelate with the actions of others to support and execute the…
Long-term goals and detailed, short-term budgets, with nothing to link the two together. Does this organization sound familiar? Whatever the answer, most business professionals understand that achieving a long-term goal…
Information and Control System Information and controls are to be an integral part of any organization’s functional-level strategies. The information system of the organization should be up to date as…
Functional structure in the Functional level strategy formulation is most often called structural design. In a functional structure, teams or groups are created based on common functions in a bottom-up…
With the global economic downturn and tighter market competition, business leaders must develop innovative strategies that will keep their organizations profitable and sometimes survive. To successfully implement their strategies, CEOs…
Resources of the Firm It is important to distinguish between the resources and the capabilities of the firm: resources are the productive assets owned by the firm; capabilities are what…
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