0
Strategy is the thinking behind business actions. It answers the question: What is our plan for growing the business and attracting customers, operating, and achieving our financial and strategic objectives? Top managers need to decide the big questions such as:(1) who are our customers?, (2) what prodcts do we sell?, (3) what business do we want to be in?, (4) do we want tp merge or acquire orexpand or shronk?, (5) how is the market changing, and what are we doing to do to keep up? Itis really about, "What is the Plan?" Strategy is th big plan. Strategy is not "doing", it is the thinking, and answering "How will we achieve our goals." Strategy is the thinking strategically, working smart, whereas executing and day to day work is "working hard".
(information from class lecture by Professor Joseph Patton, Summer 2011, FAU)
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What is Asynchronous CPR?
This is taken right from the book for EMT-B training. Asynchronous CPR is MOST accurately defined as: not stopping compressions to deliver ventilations
What companys make footballs?
most sport companys Adidas sondico umbro reebok nike (who make premier league balls)
What happened to the theatre compnies at this time in 1593 and 1594?
The black death closed them down! Most companys went bust! The black death closed them down! Most companys went bust!
What companys have limited customer service?
We can't mention who they are but most of them are small businesses.
Most start up companys are founded by people in which age group?
debtors
The HELP strategy is most useful when you are?
The HELP strategy is most useful when you are making decisions.
What company makes Tetris?
Most of the companys makes Tetris games: Companys that makes Tetris games: Nintendo, Sega, etc....
Which is most likely to lead to a decrease in the price of a companys stock?
Annual profits decrease
Which symbol most accurately describes our country's government system?
which symbol most accurately describe our country's system of
What is most likely to push the prices of companys stock higher?
An increase in demand for the company's stock
What companys offer car breakdown cover?
AAA is one of the most popular companys that offer coverage for your car if it breaks down, but many insurance companies also may include coverage in your insurance policy.
What term most accurately describes your body?
This man
