The four areas are:
1. Develop a relationship strategy- establish, build and maintain customer relationships.
2. Develop a product strategy- make correct decisions concerning the selection and positioning of products to meet identified customer needs.
3. Develop a customer strategy- develop a plan that results in maximum responsiveness to the customer's needs.
4. Develop a presentation strategy- have a well developed plan that includes preparing the sales presentation objectives, preparing a presentation plan that is needed to meet these objectives, and renewing one's commitment to provide outstanding customer service.
importance of an organization's functional areas to the strategic management process and why they must be integrated during the four phases of strategic management
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Restructuring through divestiture involves selling off assets, businesses, or divisions to streamline operations, improve efficiency, or focus on core strengths. This process can help companies reduce costs, raise capital, and reallocate resources to areas with higher potential for growth and profitability. It is important to carefully plan and execute divestitures to minimize disruptions and achieve strategic objectives.
stategic planning is an approach used by top management in an organisation to move foward in all areas of business or service.
Strategic Control isn't very different but on some points like movements of the, it is implemented in order to identify the areas of issue or potential areas of the issue so that necessary adjustments can be made. A subset of management control whose aim is to regularly monitor and check routine business operations. At this point a good strategic and operational partner is important. Our market & industry expertise is built around a broad & loyal customer base. We know the Norwegian market & can provide support throughout the whole process and be your strategic and operational partner before, during, and after the establishment.
ABC information is extremely helpful in the strategic analysis of areas such as process and plant layout redesign, pricing, customer values, sourcing, evaluation of competitive position, and product strategy.
Strategic advantage profile is known as SAP. It shows strength and weakness of an organization. Preparation of SAP is very similar process to the ETOP. There are generally five functional areas in most of the organizations. These areas areØ Production or OperationØ Finance or AccountingØ Marketing or DistributionØ Human Resource & Corporate PlanningØ Research & DevelopmentThese functional areas are listed to identify their relative strength and weakness in SAP. Each functional area is very broad having many components inside.
Due to the advancement of technology, there is such a product as a remote surveillance system. These systems usually consist of cameras, and a recorder so that you can position cameras in strategic areas of your home. These sytems will not require you to turn your system on or off at your door.
Any major corporation will have jobs in strategic management. Particularly in the finance and marketing areas. If a company is not managed strategically then they will be set up for failure.
Strategic advantage profile is known as SAP. It shows strength and weakness of an organization. Preparation of SAP is very similar process to the ETOP. There are generally five functional areas in most of the organizations. These areas areØ Production or OperationØ Finance or AccountingØ Marketing or DistributionØ Human Resource & Corporate PlanningØ Research & DevelopmentThese functional areas are listed to identify their relative strength and weakness in SAP. Each functional area is very broad having many components inside.
Argos have many functional areas one of them being selling crack to oapS and saying it is sugar
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