That i am looking for the same dam answer for class. Lol!
Managers must question how the international strategy contributes to the economic logic of our business and corporate strategies.
transnational strategy
The EDB started an on-going programme of economic and institutional reform under the Economic Vision Bahrain 2030. It led and coordinated with ministries to compile the first National Economic Strategy that is a roadmap to achieving the Vision.
1. investor characteristics 2. investment vehicles 3. strategy development 4. strategy implementation 5. strategy monitoring
A strategy that employers use to continue to do business despite high wages is to hire less people. If the business does hire, it will be unskilled workers.
The dominant strategy-shaping economic characteristics of the digital music player industry DMPI is the notion that the music player industry needs to be more innovative to stay relevant.
The difference between corporate and business level strategy is that their operations are inter-industry and intra-industry respectively. Whereas corporate level strategy is concerned in what business to deal with, business level strategy is concerned with how to compete within a particular business.
A concentration strategy focuses on a single business competing in a single industry.
Strategic formulation is the process of creating a strategy for a business. A strategy is a competitive position a business will take to compete in the industry.
One advantage to having a business strategy is knowing what direction your company is headed. A disadvantage to having a business strategy is the fact that your strategy could be wrong for the industry.
A balanced scorecard is a strategy performance management tool used very often in business and industry to align business activities to the vision and strategy of the organization.
Supply Chain level,Departments and Enterprise level Strategy are the major characteristics of E-business.
Managers must question how the international strategy contributes to the economic logic of our business and corporate strategies.
Strategy formulation is vital to the well-being of a company or organization. There are two major types of strategy: (1) corporate strategy, in which companies decide which line or lines of business to engage in; and (2) business or competitive strategy, which sets the framework for achieving success in a particular business. While business strategy often receives more attention than corporate strategy, both forms of strategy involve planning, industry/market analysis, goal setting, commitment of resources, and monitoring.
One limitation to strategy is the fact that it can't be easily changed. When the industry changes, the business has to make changes that take a long time to implement.
Business strategic direction is the direction the organization is taking in the market. Many businesses develop a strategy that will help them gain market share in their industry so that they can be the top producer in the industry.
Enterprise software enable a business to use industry-proven best practices when he define clear her mission and good strategy.