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Why might a force field analysis be useful in thinking about strategic change?
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1.9 Describe the different functions of management accounting?
The functions of management accounting include: Budget control, ratio analysis, fund flow analysis and cash flow analysis. Management accountingâ??s main function is to collect accounting data which is useful for different managerial functions.
What is the benefit of criticle part?
The benefits of critical path are so many. This is considered to be a very useful tool to manage projects. This is a system that will help in analysis of the time it would be required to complete a particular project.
Does an emphasis on formality in strategic planning processes necessarily mean that an organization automatically limits its ability to think and act in a creative manner?
it doent necessary mean that because strategic planning process is just planning they are always open for suggestions and there is always a room for inprovement.it doesnt realy have an end to the ability to think and act in a creative manner because as we all live in an evolving world we came across things that we normaly dnt think they can be useful.
When is the planning mode of strategic decision making superior to the entrepreneurial and adaptive modes?
The planning mode is generally superior to the entrepreneurial and adaptive modes when the organization is fairly large, when knowledge is spread throughout the organization, and when the organization has at least a moderate amount of time to engage in strategic planning. The book proposes that the planning mode is more rational and thus a better way of making most strategic decisions. It may not, however, always be possible. The entrepreneurial mode can be very useful when time is short, one person or group is able to grasp the essentials of the business and its environment, and that person or group is able to influence the rest of the organization to accept its strategic decision. The adaptive mode is generally not considered to be very effective in most situations, but seems to be the fallback mode when entrepreneurial or planning modes can't operate effectively because of political infighting or lethargy. by: Yahya, Amman - Hordan
What is a strategic plan?
A strategic plan should not be confused with a business plan. Essentially a strategic plan provides the foundation from which to build a full long-range plan. It is simply a document that summarizes, in about ten pages of written text, why a business exists, what it is trying to accomplish and how it will go about doing so. Its "audience" is anyone who wants to know the business' most important ideas, issues and priorities: management team members, board members, company employees, clients, partners and the media. It is a document that should offer direction and guidance - so, the more concise and ordered the document, the greater the likelihood that it will be useful, that it will be used and that it will be helpful in guiding the operations of a business. In its simplest form, a strategic plan can help boost performance. It helps an organization to refocus energies and ensure that all team members are working towards the same goal(s). As a process, strategic planning involves a sequence of activities, each a vital element including: (1) Assessing the external environment; (2) Assessing internal capacity and organization; (3) Developing a vision and a mission for the future; (4) Developing goals and objections - the actions - for reaching that future; (5) Implementing the plan; and (6) Measuring progress and revising the plan, as needed. I agree with Crystal on what a strategic plan is but I disagree with her on one aspect. Strategic plans are for internal use only. It is your and only your business where you plan to take your company. No army general will want to show his opponent what his strategy is. Neither should you. So keep the strategic plan close to your vest.
Why strategic analysis?
A strategic analysis is an assessment of a commercial plan to determine how prospects can be made more effectual through SWOT and Porter’s Five Forces Analysis. Three are useful to make effective and useful images and recognition for the company. Performing a strategic analysis is tricky for a company to do on its own. Each person within the company has his own agenda for grabbing information. Therefore company might have to hire an outside and reputable third party.
What is thinking of your thinking?
Thinking about thinking is called metacognition. Thinking about how you think can be potentially useful with regard to learning and decision making.
How useful are companies annual report in assessing their strategic direction?
Companies' annual report are very useful in assessing their strategic direction. They provide a clear picture on the status of companies and this is very essential for purposes of planning.
How is reengineering linked to information technology?
Most analysts view reengineering and information technology (IT) as irrevocably linked. Most important, is educating employees to use IT as a strategic initiative and as a tool. IT can prove useful during the reengineering analysis and design process.
Would it be useful to perform an income analysis of a single family dwelling that is owner-occupied Why or why not?
There are four useful analysis that perform from a single family that are owners. The four analysis are credit reports, income, collateral and automated underwriting.
Is chromatography useful?
you can use to see what colors are in pen inkAnswer:There are several types of chromatography:Gas ChromatographyLiquid ChromatographyIon Exchange ChromatographyAffinity ChromatographyAll allow the analysis of a solution by splitting its component parts into discernible fractions. This is useful in the analysis of unknown liqids, DNA analysis and gas analysis.
What is more useful critical thinking or creative thinking?
I think that creative think is more useful because if u have creative mind , u can manipulate everthings. alwayes u can not survive with critical thinking.
What is meant by SAS how its useful?
Is a statistical analysis software, and used for ...
Why is dimensional analysis useful?
dimensional anaylisis is useful for many reasons, mainly because without it YOU AINT SHIzznitt so there for it is very useful
Does zirconium belong to strategic metals?
Yes it is extremely useful, Can be used as cladding for nuclear reactors
What is cognitive useful?
works to decrease impulsive behavior by getting the child to recognize the connection between thoughts and behavior, and to change behavior by changing negative thinking patterns.
What is the purpose of a correlation analysis?
The purpose of correlation analysis is to check the association between two items. This can be useful in determining accuracy.
