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Generally speaking, the text views policies as the link between strategy formulation and implementation. They are the broad guidelines to be used in the implementation of strategy. The text takes the position that the dividing line between formulation and implementation is the difference between the planning activities of formulation and the action-oriented activities of organizing, directing, and controlling. Since the development of policies primarily involves planning, not action, they more properly belong within strategy formulation.
Similarity is that both tend to push the price levels `lower' Difference is in the `objective' or `orientation' or `thought' behind the pricing strategy Penetration Pricing is when the price is pegged at a rate that very price-sensitive segments find acceptable. e.g. Nokia 1100 when introduced in Indian markets. The objective is to open up newer market segments Predatory Pricing is when prices are set lower than average selling prices of industry and competitors. Objective is to put pressure on competitors and price them out of the market
The similarities betwen goals and objectives are that they both are basically achievements and accopmlishments you are dedicated to.
marketing mix strategy for hul
What strategy did MTV pursue whe it Initially started to expand internationally?
Organisational design is the way an organisations resources and functions are staffed, organised, coordinated and directed to produce and deliver it's goods and/or services to it's market/s. Organisational strategy is the blueprint for the execution (how, what, when, how and why) of the organisation's primary objective/s. The organisation's value chain is the actualisation of the link between the structure and it's strategy. The value chain delivers the strategy. The organisation design ensures that the value chain is focussed on the delivery of the organisation's objectives.
Retrenchment refers to sudden firing of employees du to change in organisational strategy or bjective
the difference between global and international strategy
The HR strategy should reflect the view of the organization's mission. If they aren't aligned then the organization may have problems attracting people who align with their objectives.
Personal selling is to mass selling.
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Organizations gain synergy when all areas are in "alignment" with the core/key organizational strategies. It is as if all areas are moving in the same direction focusing on the same key business objectives. Alliance EDI, LLC
difference between business level strategy and corporate level strategy?
Turnover strategy would be a complete redo and a conversion strategy would just need a few chamges.
An objective is a goal to be achieved. A strategy is a method of achieving this goal.
A sport is an organised, competitive, entertaining and skillful activity requiring commitment, strategy, and fair play, in which a winner can be defined by objective means