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What are strategic management processes?
Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives. It is the process of specifying the organization's objectives, developing policies and plans to achieve these objectives, and allocating resources to implement the policies and plans to achieve the organization's objectives. Strategic management, therefore, combines the activities of the various functional areas of a business to achieve organizational objectives. It is the highest level of managerial activity, usually formulated by the BOD and performed by the organization's CEO and executive team. Strategic management provides overall direction` to the enterprise. "Strategic management is an ongoing process that assesses the business and the industries in which the company is involved; assesses its competitors and sets goals and strategies to meet all existing and potential competitors; and then reassesses each strategy annually or quarterly [i.e. regularly] to determine how it has been implemented and whether it has succeeded or needs replacement by a new strategy to meet changed circumstances, new technology, new competitors, a new economic environment., or a new social, financial, or political environment." (Lamb, 1984)http://www.answers.com/topic/strategic-management?cat=biz-fin#wp-_note-1 Strategic management is a combination of three main processes which are as following: * Performing a situation analysis, self-evaluation and competitor analysis: both internal and external; both micro-environmental and macro-environmental. * Concurrent with this assessment, objectives are set. This involves crafting vision statements (long term view of a possible future), mission statements (the role that the organization gives itself in society), overall corporate objectives (both financial and strategic), strategic business unit objectives (both financial and strategic), and tactical objectives. * These objectives should, in the light of the situation analysis, suggest a strategic plan. The plan provides the details of how to achieve these objectives. This three-step strategy formulation process is sometimes referred to as determining where you are now, determining where you want to go, and then determining how to get there. These three questions are the essence of strategic planning. * Allocation of sufficient resources (financial, personnel, time, technology support) * Establishing a chain of command or some alternative structure (such as cross functional teams) * Assigning responsibility of specific tasks or processes to specific individuals or groups * It also involves managing the process. This includes monitoring results, comparing to benchmarks and best practices, evaluating the efficacy and efficiency of the process, controlling for variances, and making adjustments to the process as necessary. * When implementing specific programs, this involves acquiring the requisite resources, developing the process, training, process testing, documentation, and integration with (and/or conversion from) legacy processes. * Measuring the effectiveness of the organizational strategy.The strategic management process is quite complex as it entails a number of philosophical approaches to business. This will factor in all the variables that may affect a business and will be used for strategic planning.
Explain the strategic management process?
Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives. It is the process of specifying the organization's objectives, developing policies and plans to achieve these objectives, and allocating resources to implement the policies and plans to achieve the organization's objectives. Strategic management, therefore, combines the activities of the various functional areas of a business to achieve organizational objectives. It is the highest level of managerial activity, usually formulated by the BOD and performed by the organization's CEO and executive team. Strategic management provides overall direction` to the enterprise."Strategic management is an ongoing process that assesses the business and the industries in which the company is involved; assesses its competitors and sets goals and strategies to meet all existing and potential competitors; and then reassesses each strategy annually or quarterly [i.e. regularly] to determine how it has been implemented and whether it has succeeded or needs replacement by a new strategy to meet changed circumstances, new technology, new competitors, a new economic environment., or a new social, financial, or political environment." (Lamb, 1984)strategic-managementProcessesStrategic management is a combination of three main processes which are as following: Strategy formulationPerforming a situation analysis, self-evaluation and competitor analysis: both internal and external; both micro-environmental and macro-environmental.Concurrent with this assessment, objectives are set. This involves crafting vision statements (long term view of a possible future), mission statements (the role that the organization gives itself in society), overall corporate objectives (both financial and strategic), strategic business unit objectives (both financial and strategic), and tactical objectives.These objectives should, in the light of the situation analysis, suggest a strategic plan. The plan provides the details of how to achieve these objectives.This three-step strategy formulation process is sometimes referred to as determining where you are now, determining where you want to go, and then determining how to get there. These three questions are the essence of strategic planning.Strategy implementationAllocation of sufficient resources (financial, personnel, time, technology support)Establishing a chain of command or some alternative structure (such as cross functional teams)Assigning responsibility of specific tasks or processes to specific individuals or groupsIt also involves managing the process. This includes monitoring results, comparing to benchmarks and best practices, evaluating the efficacy and efficiency of the process, controlling for variances, and making adjustments to the process as necessary.When implementing specific programs, this involves acquiring the requisite resources, developing the process, training, process testing, documentation, and integration with (and/or conversion from) legacy processes.Strategy evaluationMeasuring the effectiveness of the organizational strategy.
What is the significance of BOD and COD in water quality management?
Biochemical oxygen demand (BOD) and chemical oxygen demand (COD) both measure the quantity of organic compounds found in water. The makes them significant when is comes to the treatment of water.
What is the relationship between bod and organic matter?
BOD (Biochemical Oxygen Demand) measures the amount of oxygen required by microorganisms to decompose organic matter in water. Organic matter contributes to BOD levels as it serves as a food source for microorganisms, leading to oxygen depletion in water bodies. Therefore, higher levels of organic matter can result in increased BOD, impacting water quality and aquatic life.
What contributes bod?
Biochemical Oxygen Demand (BOD) is influenced by the presence of organic matter in water, which microorganisms decompose, consuming oxygen in the process. Higher levels of biodegradable materials, such as sewage, food waste, and agricultural runoff, lead to increased BOD. Additionally, temperature and the presence of nutrients like nitrogen and phosphorus can enhance microbial activity, further raising BOD levels. Monitoring BOD is essential for assessing water quality and the health of aquatic ecosystems.
How many lbs of BOD are in 20000 gallons of water containing 1100 mgl BOD?
183.48
In BOD testing what is residual DO?
Residual dissolved oxygen (DO) is the amount of oxygen remaining in a water sample after a specific time period during biochemical oxygen demand (BOD) testing. It is used to calculate the oxygen depleted by organic matter present in the sample, which helps in assessing the water quality and pollution levels.
What are the effects of low biochemical oxygen demand?
Low biochemical oxygen demand (BOD) in water indicates lower levels of organic pollutants, which can be beneficial for aquatic ecosystems by reducing the risk of oxygen depletion and promoting healthier water quality. It suggests that the water is less polluted and can support a greater diversity of aquatic life. However, very low BOD levels may also indicate poor nutrient availability for aquatic organisms.
What is Normal bod value for drinking water in ppm?
0.1
What are the differences between seeded and unseeded BOD?
When diluted water is added in surface wastewater to take immediate BOD is called unseeded and after 5 days of period wastewater received saturated oxygen from diluted water is called now seeded BOD.
What is meant by BOD loading rate?
BOD loading rate refers to the amount of biological oxygen demand (BOD) entering a body of water over a specific time period, usually measured in terms of mass per unit time (e.g., mg/L/day). It is used to assess the impact of organic pollutants on water bodies and their ability to support aquatic life.
What is the relationship between bod and do?
BOD (biological oxygen demand) is a measure of the amount of oxygen needed bymicrobes to break down the organic matter in a sample of water. DO (dissolved oxygen) is the amount of oxygen dissolved in the water. When BOD is high, it means there's a lot of organic contaminants in the water, and the microbes are working overtime to break it down. They use up oxygen while doing this, so when BOD is high, DO is low. When the microbes finish breaking down the organic contaminants, their numbers drop from lack of food (a lower BOD). DO usually goes back up again
1 kg Sugar if dissolved in water what will be the BOD and COD?
BOD (biochemical oxygen demand) for sugar is typically low since it is easily consumed by microorganisms, while COD (chemical oxygen demand) is usually used to estimate the amount of organic pollutants in water. However, the specific BOD and COD values for 1 kg of sugar dissolved in water would depend on factors like temperature, microbial activity, and the presence of other substances in the water.
What is the full form of bod related to water pollution?
Biological Oxygen Demand
