Managers use SWOT to determine what opportunities they would like to go after within the market. At the business level, this impacts what products are produced each day in a manufacturing business.
Business activities are dynamic. It is the role of top executive to adapt it with environmental changes. As a role of executive, he is responsible for maintaining control over the strategies implemented. Strategic surveillance is a control method in which the events outside and inside the business activities are tactically and carefully analyzed which may affect the organization's competitive ability over its competitors. For example, a CEO always gives some time in going through the business magazines, further he participates in trading conferences, business travels, etc.
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explain the role of needs in the business cycle
business exist to produce a service
they can be easily copied nt all strategic information systems can make profit they can be expensive and risky to build it requires extensive oraganizational change
What is SWOC analysis and explain its relevance to business decision making
What is SWOC analysis and explain its relevance to business decision making
This is performed through the use of advanced software. The software is used to track specialized sales of all types that a business performs. By tracking these sales a business can better allocate their resources.
The GE Nine Cell Model is a strategic business analysis tool used for portfolio analysis. It classifies a business's strategic business units (SBUs) into a matrix based on market attractiveness and the business's competitive position. The matrix is divided into nine cells, each representing a different strategy for managing the SBUs, such as investing, growth, or divestment.
Program Management is the process of providing execution certainty to meet the strategic business objectives of an owner.
explain strategic MIS categories in details
what is the importance of strategic planning in mis?
steps process strategic management
- Explain why the strategic management class is often called a " capstone course "
explain strategic with example
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"Explain strategic MIS categories in detail. Give illustration for each catgory?"