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Why is it necessary to develop appropriate and financially sound resource strategy?
Wiki User
∙ 12y ago
its necessary to develpo apporriate and financially sound resorce strategy because it will help to how can change way our see thing and our percive them its also help to creating good outlook
Wiki User
∙ 12y ago
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What are some typical business strategies?
For merchandising businesses, when a business wants to enter an existing market with a new product, the appropriate strategy is called "product development", and when there is an existing product, the strategy is called "market penetration". When a business wants to create a new market with a new product, the strategy is called "diversification", and when a company wants to introduce an existing product onto a new market, the strategy is called "market development".
What are the three tests that distinguish a winning strategy?
1. The Goodness of Fit Test : A good strategy has to be well matched to industry and competitive conditions, market opportunities and threats, and other aspects of the enterprise's external environment. At the same time, it has to be tailored to the company's resource strengths and weaknesses, competencies, and competitive capabilities. 2. The Competitive Advantage Test : A good strategy leads to sustainable competitive advantage. The bigger the competitive edge that a strategy helps build, the more powerful and effective it is. 3. The Performance Test : A good strategy boosts company performance. Two kinds of performance improvements are the most telling of a strategy's caliber: gains in profitability and gains in the company's competitive strength and long-term market position.
What is the definition of an experienced investor?
Someone who knows his goal: i.e. what he is investing for, growth or income, has a short- and long-term strategy, is aware of changing market conditions and ready to move investments when necessary
How can you apply financial management strategy?
what is Financial Management Strategy
Advantages and disadvantages of strategy?
One advantage to having a business strategy is knowing what direction your company is headed. A disadvantage to having a business strategy is the fact that your strategy could be wrong for the industry.
How can you measure the effectiveness of human resource strategy?
There are different ways to measure the effectiveness of a human resource strategy. The best way is by looking at the achievement of the objectives of the organization in relation to the strategy.
Why is resource planning necessary in India?
A strategy for judicious use of resources is called a resource planning. It is important in India because they are the basis of all economic activities which are the necessary for the development of a nation.Resource planning is a complex process which involves three stages:to identify the resources across the regions of the country. The methods can be surveying, mapping and qualitative and quantitative estimation and measurement of the resources.To develop a planning structure endowed with appropriate technology, skill and institutional set up for implementing resource development plans.To coordinate the resource development plans with overall national development plans . It refers to meeting the requirements of larger plans of the nation.
Does Enterprise face any risks from its human resource strategy?
I am sorry we can not answer your question because you have not told us what the "Enterprise" in question is or indeed what is in its "human resource strategy".
What is resource planning?
planning which is widely accept strategy for judicious and use of resource and which has enormous diversity in the availability of resource are known as resource planning.it has importance in India also.
What PC strategy games are appropriate for high school students?
There are many PC strategy games that are appropriate for high school students. Examples of PC strategy games that are appropriate for high school students include Command and Conquer, Age of Empires, and Empire: Total War.
What is the difference between a 'market requirements' and an 'operations resource' view of operations strategy?
Ask Dr Alex bananas and he will answer you
What is human resource strategy?
t Private companies do not reveal their functional strategies, just an overall vague general strategy.
What provides a good resource to begin a research strategy?
The Campus Library
What is Sony's human resource strategy?
t Private companies do not reveal their functional strategies, just an overall vague general strategy.
Suggest appropriate pricing strategy for healthdrink?
An appropriate pricing strategy for a health drink is one with a low price. Since there is a lot of competition, you don't want to price your drink too high.
Is stability really a strategy or just a term for no strategy?
When one talks about strategy, it implies growth. Stability is necessary for growth, but without a growth strategy can lead to stagnation.
Which strategy is developed to pull together the various activities and competencies of each department so that corporate and business unit performance improves and resource productivity is maximized?
competitive strategy
