please help answer this question in essay form
Strategic management is nothing but the process by which the organization define its strategy and allocate its resources appropriately to proceed with the strategy. Strategic planning is done based on the following:-
The major components of strategic management are: -
The three tiers process of strategic management include: -
Corporate level strategy - Corporate level strategy is nothing but the strategic decisions taken by the business that has direct effect on the entire organization. Example - A toy manufacturer producing only one line of toy is its corporate strategy. The three types of corporate level strategy include: -Value-creating strategy, Value-neutral strategy and Value-reducing strategy.
The main purpose of corporate level strategy include: -
Business level strategy - Business strategy defines the path that needs to be taken by the organization for meeting the business goals. So, business-level strategies basically focus on using different methods required for operating the business. Business-level strategy focus on the providing competitive advantage to the firm in an industry. The business-level strategies include: -
Funtional level strategy - Functional strategy is nothing but the strategy or plan that is prepared for the functional area of an organization like human resource plan, marketing plan, etc. This strategy back up the corporate and business strategy. Thus, it guides the use of resources to implement business strategy. Example - Advertising new product is an activity of functional level strategy.
please help answer this question in essay form a) Explain the THREE (3) levels of strategy...
Question 04. Explain with your words what are the three levels of the strategy in an organization. 706 Explain what is the focus of the strategy at each level. (Rubrics: . 02mark for each component. Three components. Total 06 marks) Answer:
Your answer should be in the form of an essay. The essay should be well organized, that is, it has an introduction (5 marks), body (90 marks) and conclusion (5 marks). The introduction should introduce the topic. In the body paragraphs, the following points should be discussed: 1. Name the global brand/organization (MERCEDES) and briefly describe its products and activities. (10 marks) 2. Description of the consumer goods industry and the organization’s (MERCEDES) main competitors (10 marks). 3. What does...
QUESTION 3 (10 marks) SHORT ESSAY How would management accounting be useful to a gym? Explain your answer giving appropriate examples. Explain the concept 'value chain’. Why is the concept of value chain important to an organization and how might an organization make use of this concept to its benefit? Note : Your essay should not exceed 1 page.
can you please help me with this question, answer two of the following essay questions. i need both of them answered in essay form please, i will leave a great review. ext4VeSY4dmXic1ERfojCgIXEAbZrBmBSDRA/edit?ts=5e6aa6bc All changes saved in Drive - 14 BIVA DE 1E EEEE * Answer two of the following essay questions. T A. Describe how the price system answers the five fundamental questions of economics, and discuss at least two of the short-comings of the capitalist price and market system...
Please help me to outline the detailed framework for this essay! Write an argumentative academic essay in relation to the following question: As a global community, are we becoming more culturally similar overall, or more culturally disparate? Justify your answer using relevant theories and concepts, as well as real-life examples. Subject: International Business
Question 3: The marketing mix and innovation (40 marks, 500 words) Nike's marketing strategy consists of market segmentation, targeting, positioning and the marketing mix. Nike's marketing strategy enables the company to be a successful player in the global market. Using your B207A course material, evaluate how the innovation in Nike's marketing mix elements is used to position the products within the minds of consumers. Your answer should contain the following: 1- Nike's market segmentation and targeting 2- What is positioning....
An essay outline that responds to the above statement. Define literacy and explain how literacies help educational participation or success Introduction: Thesis statement: [Put here your central argument(s) and what you intend to argue or discuss in the essay.] Body: Argument/point 1: [Put here your definition of literacy, plus the evidence and references you intend to use. Remember, there are numerous definitions of literacy, so be sure to find one you believe in and can defend.] Argument/point 2: [Put here...
Please help me with this Essay question Briefly describe the three types of budgets mentioned in the text and include what purpose each type serves?
Write 200-400 words in an essay style answer to respond to the following question: Social media play many different roles in health service delivery. Explainany three such health service delivery with examples? Support your writings by at least 3 references (APA style)
Write 300-500 words in an essay style answer to respond to the following question: Explain the Importance of implementing an electronic drugstore within a healthcare organization.