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Explain the role of SWOT analysis as a tool of facilitating strategic choice at the business level?
Wiki User
∙ 9y ago
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.
Wiki User
∙ 9y ago
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Explain strategic surveillance and give an example?
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.
Describe the two types of economic analysis and explain at least three of the questions which each type of analysis attempts to answer?
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Explain why strategic information systems are difficult to build and to sustain?
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
List and explain reasons why business exist?
business exist to produce a service
What is the role of needs in business cycle?
explain the role of needs in the business cycle
What is swoc analysis explain its relevance to business decision making?
What is SWOC analysis and explain its relevance to business decision making
What is swoc analysis and explain its relevance to business decision making?
What is SWOC analysis and explain its relevance to business decision making
Explain how to perform a strategic systems analysis?
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.
Explain about the Program management?
Program Management is the process of providing execution certainty to meet the strategic business objectives of an owner.
What is strategic mis categories?
explain strategic MIS categories in details
Explain the Importance of strategic planning in MIS?
what is the importance of strategic planning in mis?
What is strategic management plan list and explain the steps you strategic management process?
steps process strategic management
Explain why the strategic management class is often called a capstone course?
- Explain why the strategic management class is often called a " capstone course "
Explain the Strategic management process with an example?
explain strategic with example
Explain strategic MIS categories in detail. Give illustration for each catgory?
"Explain strategic MIS categories in detail. Give illustration for each catgory?"
Explain how strategic control links the internal business environment and the external environmentgive example in support of your answer?
Those who r looking 4 the ans to this question is just screwed
What is a strategic position and action evaluation matrix?
The Strategic Position & ACtion Evaluation matrix or short a SPACE matrix is a strategic management tool that focuses on strategy formulation especially as related to the competitive position of an organization.The SPACE matrix can be used as a basis for other analyses, such as theSWOT analysis, BCG matrix model, industry analysis, or assessing strategic alternatives (IE matrix).What is the SPACE matrix strategic management method?To explain how the SPACE matrix works, it is best to reverse-engineer it. First, let's take a look at what the outcome of a SPACE matrix analysis can be, take a look at the picture below. The SPACE matrix is broken down to four quadrants where each quadrant suggests a different type or a nature of a strategy:AggressiveConservativeDefensiveCompetitive
