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Q: How can cross business strategic fits boost the corporate performance of a diversified company?
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Factors affecting financial performance?

There are many factors are affecting our financial performance. One of the most important factor is global political issue. Global political issue effect our financial activities such as banking, business, corporate business, multinational business etc. Even it is also effecting our employment.


What is a strategic business partner?

A strategic business partner is another business that helps you meet your organizational goals. Since it is a partnership, your business helps them as well.


What is the Strategic role of information system in business?

The strategic role of information in business has always been primarily to drive sales. It is dependent on the business model being used and the type of business practiced.


How do you describe the various stakeholders and sections of people to address in any business?

Get the best business advisory services along with business management consulting, strategic planning, development planning, industry specific planning, profit engineering, sales performance, etc. from the Cogent Analytics now.


What is the difference between business strategy and corporate strategy?

A business strategy deals with the direction a particular SBU (Strategic Business Unit) aught to move. This SBU along with other SBU's will be given resources to implement their strategy by the parent group, this parent group is the select few e.g. the CEO, CFO, President, and other corporate elite who collectively decide the corporate strategy. For example, Steve Jobs of Apple will decide the corporate strategy of his companies SBU's by deciding which area should receive the most attention. From this, the heads of these SBU's which range from computers, phones, to MP3 players, will then decide the business strategy for each product, they will have complete authority within their own unit (own product) while those involved in corporate strategy have authority over all business units.

Related questions

What is the contribution of human resource to strategic management?

The contribution of human resource to strategic management includes measurement of personnel performance, and integrating corporate social responsibility into the business.


What is corporate strategy level?

Corporate level strategy is apprehensive with the strategic decisions a company makes that have an effect on the whole business. Financial performance, Mergers and Acquisitions, human resource management and the distribution of resources are well thought-out element of corporate level strategy.


What is an performance expectations gap in business?

It is the gap between expected corporate performance and actual corporate performance.


What has the author James E Post written?

James E. Post has written: 'Research in Corporate Social Performance and Policy: Corporate Social Policy' 'Business and society' -- subject(s): Social responsibility of business 'Contemporary business issues' -- subject(s): Social responsibility of business 'Research in Corporate Social Performance and Policy: A Research Annual' 'Research in Corporate Social Performance and Policy'


Stephen Wilks associates successful economic performance with an absence of government interference in corporate business decision making?

Stephen Wilks associates successful economic performance with an absence of government interference in corporate business decision making


What is the corporate structure of dell computer corp?

CORPORATE STRUCTURE, GOVERNANCE,LEADERSHIP & STRATEGIC MANAGEMENTCorporate structure ……………………………….Business ethics………………………………………………..Leadership aspects…………………………………................Operating segments…………………………………………...Vision/Mission/Objectives……………………………………Approaches to business……………………………………….


What has the author Richard Normann written?

Richard Normann has written: 'Reframing business' -- subject(s): Business planning, Corporate reorganizations, Strategic planning


What is strategic implementation in management?

corporate strategy is the direction an org. takes with objectives of achieving business success in the long term


What is functional implementation in strategic management?

corporate strategy is the direction an org. takes with objectives of achieving business success in the long term


Difference between corporate planning and strategic planning?

Strategic planning is also known as business planning. This is the plan that the corporation comes up with, and the goals they would like to meet. Corporate planning refers to the strategies that will be followed by employees to help meet the corporation's goals.


Why core business is on top rather diversified business?

core business is better than diversified business becoz core business focuses only on one business on the other hand diversifes business hass to many business to handle


What is Strategic level information systems?

Strategic level information systems are designed to support strategic decision-making by top-level management. They focus on long-term goals and objectives of the organization and help in aligning information technology with overall business strategy. These systems typically include executive support systems and business intelligence tools to provide insights for strategic planning and resource allocation.