Answer:
Strategic planning: Strategic planning is defined as the organizational management activity that is used to develop the common strategic actions for the organization which help to develop priorities in the business, develop common long term goal for the business, synergies the energy in the organization, focus for future, taking the organization strongly in the future stage, so that business gets desired success and growth. Strategic planning is also directing making the adequate decisions to assign the resources for achieving business strategy to achieve future business goals and objectives.
The areas of the process we do believe we would show the greatest acumen are as below
One to three questions about strategic planning and/or the process:
In your own words, provide a definition of strategic planning. What area of the process do...
Fogg (1994) suggests that the strategic planning assessment be surgically updated. In your own words, tell me what he means by this and provide an example illustrating your explanation.
which of the five steps in the strategic planning process do you think is the most important? Give an example of an industry where this would be the most important step. Do you think that a different industry might place more emphasis on another step in the strategic planning process? Why? (200 WORDS)
Using your own words, what is your definition of economics? Why is it important to study economics? Economics can also distinguish needs from wants. Think about this…share one thing that you need versus one thing that you want. What is the big difference in the two?
Please answer the following questions in 350 words count in your own words for the following question. Part 2: In the health care industry, change occurs quickly and many times without warning. In an effort to address such changes, contingency planning is a key step in the strategic planning process. Contingency planning follows a 7-step process to achieve maximum effectiveness. Assume that you are formulating the contingency plans for an outpatient surgical center. • Identify the 7 steps in the...
in your own words, provide a working definition of business ethics.
Explain in your own words what Job Costing and Process Costing are. Why do we have any costing systems at all? What is your plain language definition of Job Costing and Process Costing? How are they different? How are they the same? Give two real-life examples of actual products that are likely costed using job costing and give two examples of actual products that likely use process costing. How would a marketing professional or a non-accountant manager benefit from knowing...
Succinctly and in your own words describe to the group of students the definition of atherosclerosis. Do not directly copy the definition from your source - you should paraphrase and provide the definition in a way that you understand and remember the definition).
Need 300 words discussion Explain in your own words why you believe planning is important. Select one of the following businesses: a large bank, a government agency, or a hospital, and explain which systems you feel are mission critical. Then explain how the loss of these systems would affect the organization.
If you are currently involved in your department or organization’s strategic planning or budgeting process, provide specific examples of your involvement and how it impacts your daily activities. If you are not currently involved, provide specific examples or ideas of how you could become involved in the processes.
1) In your own words, what is the strategic approach to Organizational Behavior? 2) What are some skills, knowledge, and abilities needed in a future career to gain competitive advantage? 3) Think about the 5 main characteristics of high-involvement management. Do you think organizations usually follow this approach? Where do you think most organizations go wrong in these steps? Explain.