The marketing environment,
The size of the firm
Its financial resourses, capabilities, objectibve,HR
The marketing environment, The size of the firm Its financial resourses, capabilities, objectibve,HR
The formality of strategic-management systems is influenced by several factors, including the size and complexity of the organization, the industry in which it operates, and the organizational culture. Larger organizations often require more formal systems to manage their diverse operations and strategic goals effectively. Additionally, industries with rapid changes or high competition may necessitate more structured approaches to adapt quickly. Lastly, an organization's culture can dictate the level of formality, with more traditional cultures favoring structured systems while innovative cultures may adopt more flexible approaches.
there r various challenges to strategic management like:GlobalizationLiberalizatione-commercecorporate social responsibilitymanagement of diversity6. health7.recession
Employees and management both influence a company within the hospitality industry. With the right management team and employees, customers will continue to return to the hotel.
Let me gues,....You are UNISA student .So,I have all Answers find me at ; Dev_evile@yahoo.com
strategic planning is seed money. discuss
The advantages of strategic management are as follows: discharges board responsibility, forces an objective assessment, provides a framework for decision-making, supports understanding and buy-in, enables measurement of progress, and provides an organizational perspective. There are also disadvantages of this system: expense, flexibility Impediment, and future plans might not turn out as planned.
1. Discuss Operations Management and other business specialties.
Yes
Discuss how management can overcome the barriers to change
Strategic management level Tactical management level Operational management level Consider information required by different departments at different levels as above i.e human resource department, financial department, marketing department, production/operations department
Discuss the understanding by some authorities that relationship management is a waste of an organisation's resources.