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What is market oriented strategic strategic planning?
stategic planning is an approach used by top management in an organisation to move foward in all areas of business or service.
What is meant by vendor requirement planning?
Vendor Requirement Planning (VRP) refers to the process of forecasting and planning the needs of a business in relation to its suppliers or vendors. It involves analyzing demand patterns, inventory levels, and supplier capabilities to ensure that the necessary materials or services are available when needed, while minimizing costs and maximizing efficiency. This strategic approach helps organizations maintain optimal stock levels, reduce lead times, and enhance collaboration with suppliers. Ultimately, effective VRP contributes to smoother operations and improved supply chain management.
What is the ability to prepare on a mass basis individually designed products to meet each customer requirement in marketing management called?
The ability to prepare on a mass basis individually designed products to meet each customer requirement is called "mass customization." This approach combines the efficiencies of mass production with the personalization of individual customer preferences, allowing businesses to offer tailored products at scale. By leveraging technology and flexible manufacturing processes, companies can efficiently produce customized items that fulfill specific consumer needs.
What are the advantagies and disadvantagies of stratagic planning?
Strategic planning offers several advantages, including providing a clear direction for an organization, aligning resources effectively, and enhancing decision-making by anticipating future challenges and opportunities. However, it also has disadvantages, such as the potential for rigidity, where organizations may become overly focused on the plan and resistant to change. Additionally, strategic planning can be time-consuming and may not account for unforeseen circumstances, leading to outdated strategies. Balancing flexibility with a structured approach is essential for effective strategic planning.
What are the characteristics of strategic marketing management?
Strategic marketing management involves the formulation and implementation of marketing strategies that align with an organization's overall goals. Key characteristics include a focus on long-term objectives, thorough market analysis, and a customer-centric approach. It emphasizes the importance of competitive positioning and the effective allocation of resources to maximize market opportunities. Additionally, it requires continuous evaluation and adaptation to changing market conditions.
What is a learning organization in approach to strategic management better than the more traditional top-down approaches and which strategic planning is primarily done by top management?
what is a learning organization? Is this approach to strategic management better than the more traditional top-down approach in which strategic planning is primarily done by top management?
What is the benefit of using strategic management approach in decision making?
list the benfit of using a case management approach to the organisation
What is bottom up approach strategic management?
The bottom up approach to strategic management is when lower level employees provide input regarding business objectives. Employees help to make decisions on the direction of the business and future growth.
Why is strategic management dynamic not static?
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.
What is market oriented strategic strategic planning?
stategic planning is an approach used by top management in an organisation to move foward in all areas of business or service.
What is the definition of the methodological approach?
The methodological approach refers to the systematic way in which research or study is conducted, including the specific methods and techniques used to gather and analyze data.
What control should periodically reassess its approach to the marketplace with a good marketing audit?
strategic control
What is strategic focus of dell?
Dell's strategic focus centers on delivering innovative technology solutions tailored to meet the evolving needs of businesses and consumers. The company emphasizes a customer-centric approach, prioritizing direct engagement and customization. Additionally, Dell aims to strengthen its position in cloud computing, edge computing, and cybersecurity while promoting sustainability and responsible technology use. This strategy supports its broader goal of driving digital transformation across various industries.
Where to free download retail management a strategic approach?
Have you tried sourceforge? Sourceforge has a project that you can download for free.
What factors might inhibit HRD managers from developing a strategic planning approach to training?
A factor that would inhibit a human resource director from developing a strategic planning approach is changes in the organization that have yet to be defined. It is highly important for them to do so when they are merging or acquiring another organization.
How can clinical organization align the goals of IT with the goals of the overall organization?
Going by 5 leadership qualities Vision Mission Ethics Strategic Approach Goal I will vote for strategic approach and define the role of IT in the process of reaching the goals. Mathematically IT can reduce time and Cost at various levels.
What are the importance of strategic sourcing of international coopration?
There are six of the importance of strategic sourcing of international corporation listed. Some of the importance of strategic sourcing of international corporation are identifying and locating suppliers, the risk of buying the wrong items, and the approach to buying.
