answersLogoWhite

0

Strategy is always a recurring mechanism which can be achieved by dynamic approach but not a static approach...to an extent strategy can be static...for instance..when a company has achieved break-even or when there is monopoly or when the company has highly equipped technology....but, this situation will not be stagnant in any company.....whereas dynamic approach is needed for continuos r&d in a company...and in todays world, dynamic approach is definitely needed because of huge competition due to Globalization.

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about Management

What are the contributions of chester barnard to management?

Chester Barnard's The Functions of the Executive (1938) represents a book of historical significance to the study of management. Using the fundamental principles that Barnard outlines, an application of these principles is made to the area of strategic management. The analysis focuses specifically on two main areas: the movement from a static to a dynamic model and the role of the environment. Highlights the importance of returning to the work of early writers and their contribution to the future development of management disciplines


What is strategic management plan list and explain the steps you strategic management process?

steps process strategic management


Objective of Strategic Management?

Main objective of Strategic Management is to increase profitability


What is the difference between linear and dynamic strategic planning?

The difference between linear and dynamic strategic planning lies in their approach to change and adaptability. Linear strategic planning follows a fixed, step-by-step process with clear objectives and a rigid timeline, making it suitable for stable environments. In contrast, dynamic strategic planning is flexible and iterative, allowing for continuous adjustments based on real-time feedback and changing conditions. Dynamic planning is more effective in uncertain or rapidly changing environments. To learn more about these planning approaches and how to apply them, visit PMTrainingSchool .Com (PM training).


Evolution of business policy and strategic management?

evolution of business policy and strategic management?

Related Questions

What is the difference between static aspect and dynamic aspect of Qos management?

Static aspects of QoS management involve setting predefined parameters and configurations for network traffic handling, such as minimum bandwidth guarantees or priority levels. Dynamic aspects involve real-time adjustments and optimizations based on current network conditions, traffic load, and performance requirements. Dynamic QoS management is more adaptable and responsive to changing network conditions compared to static QoS management.


Does comcast have static or dynamic ip's?

Dynamic unless you pay extra for a static.


Types of Internet static and dynamic - explain this?

Static: Not Moving Dynamic: Moving


Should strategic plans be modified periodically?

In any strategic management process, but particularly in those taking place in dynamic environments, situations change and strategic plans require modification.


Is wellness a static or dynamic process?

Dynamic process. Static means staying the same.


What is Dynamic static?

static comes from stationary means not moving and dynamic means moving


Is Sodapop a static or dynamic character?

static


Are human rights dynamic or static?

dynamic


What is the antonum of dynamic?

The antonym of dynamic is 'static'.


Is push up dynamic or static?

DYnamic


What is the difference between static and dynamic fighting?

Static stays the same and dynamic is always different.


Differentiate between static and dynamic systems in linear system analysis?

If a system is static then it will be known as STATIC SYSTEM and if it is not static then its a common sense that it will be a DYNAMIC SYSTEM.

Trending Questions
What involves determining a structure for both individual jobs and the overall organization? Which statements correctly describe the relationships between the project's business case statement of work and project charter? What is the span of control in ryanair? A Hot boss and you like her a lot but never act or told her and she never knew u like her she askd you out and she wants to be friends now she gets jalouse of girls who talks to u and she sediuce u? What are the risk management principles identified in FM 5-19? What is the purpose of the ostwald process? What the benefits are of recongnising creativity and innovation within a team? What merits do you see to breaking down the planning process by business units through multiple layers of leaders? How does the human resource planning facilitate the achievement of an organization's strategic objectives? What are the duties of a chief executive officer? What are the key differences between agile and predictive project management methodologies? What are the key differences between Prince2 and PMBOK methodologies and which one is more suitable for project management in your organization? Earned value management (EVM) reports are available to help the program manager (PM) track the contractor's cost schedule and performance against a Performance Measurement Baseline.? How do you improve the efficiency of workforce using IT? What are the key benefits and best practices for implementing agile big room planning in a project team? What is the average salary of a wal-mart department manager? What are the benefits of hard HRM? What is the theory of organization in business and industry? How do you write apology letter for long leave to the manager? Kinds of business organization?