what make adecision strategic
strategic marketing manager make _____decision
Strategic decisions are made by executive level managers. Operational decisions are made by line managers. Operational decisions can change from day-to-day.
Here is an example of a strategic business decision and a tactical one. We'll make up a company name to facilitate the answer. Kooler Kola only makes one soft drink product called Kola Plus. It is determined by the Kooler Kola Co. that there is not enough cash flow & profit in this product and it needs to do something about it. Kooler makes a strategic decision to broaden its market by adding a new soft drink to its product line. Thus Kooler is making a change in its market strategy by adding a new product. The tactical decision made to implement the strategy change is to create a cherry flavored drink to its product line as there seems to be little competition in the cherry cola markets. So strategy is the overall objective and this is accomplished by the tactic of introducing cherry kola.
Quantitative Strategic Planning Matrix
Strategic business planning is used by businesses to calculate the future consequences that may occur if X plan is taken ahead. This may include doing a SWOT analysis to see if the benefits outweigh the costs of any decision. Such a tool is vital for a business in helping it decide whether a decision is worthy.
the manufacturer and the customer
It is an educated and long term decision. where other decisions may be impulsive or short term
how can a decision maker indentify strategic factors in the corporation external environment
Strategic decisions can be distinguished from other types of decisions because it is:Rare: we dont make strategic decision very often.Consequential: is has a future impact on our business in the long term.Directive and binding: the strategic decision we make today will be directed to certain goal and vision, and we will be committed to it.
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NbvmjbkjbvHow can a decision-maker identify strategic factors in a corporation’s external international environment?
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Strategic decisions are made by executive level managers. Operational decisions are made by line managers. Operational decisions can change from day-to-day.
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The National Defense University textbook Strategic Leadership and Decision Making is was published in 1997 but cannot be protected by copyright as it is a work of the U.S. Government (17USC105).The Indian eBook Strategic Leadership and Decision Makingby Thomas Fernandes is copyright 2009.
Present the main reasons that cause strategy failures, and what strategic decision can be taken to prevent such failures.
Strategic implications refer to the potential outcomes or consequences of a strategic decision or action for an organization. They involve assessing how a decision will impact the overall direction, performance, competitiveness, and sustainability of the organization. Understanding strategic implications helps leaders make informed choices that align with broader organizational goals and objectives.