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Strategic planning is deciding what a company will do. Operational planiing is deciding how that will be done. For example, Kodak made a strategic decision to enter the digital Photography business when the tradition film market began to deteriorate. They decided what products offered opportunities in that industry. Then, they had to formulate an operational plan - product development, manufacturing process and location, etc. The operational plan will also include some strategic planning. For example, the Marketing department had to decide how to best position the products in the marketplace (and which markets or locations) and then plan how to design the marketing materials.
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Do you believe strategic management is more an art or a science Explain?
/Do_you_believe_strategic_management_is_more_an_art_or_a_science_Explain
What are the differences between Project and Production. Explain the different phases of a Project development Cycle.?
Project and Production are 2 totally different concepts, so I don't think it's reasonable to compare them together. The are 4 phases in the project lifecycle: * Initiating * Planning * Implementing * Closing
How do you describe managment operational and technical controls and explain when each would be applied as part of a security framework?
Management controls focus on the policies and procedures that govern an organization's security practices, ensuring compliance and risk management. Operational controls involve the day-to-day processes and practices that protect assets and data, such as incident response and employee training. Technical controls are implemented through technology, such as firewalls and encryption, to safeguard systems and data. Each type is applied based on the specific needs of the organization: management controls set the strategic direction, operational controls handle implementation, and technical controls provide the necessary technical safeguards.
Explain current shunt negative feedback amplifier?
describe current-shunt negative feedback as applied to operational amplifiers, including derivations of the gain relation for each type of negative feedback.
What are the basic operational concepts of computer?
hardware,software and 3rd is data. explain in detail then this question will be completed.
Explain the Importance of strategic planning in MIS?
what is the importance of strategic planning in mis?
Explain Robert Anthony's hierarchy of management activity?
there are three levels were defined by Robert Anthony they are: 1. strategic planning 2.managment control and tactical planning 3. operational planning and control
Witch stage in the strategic management process is most difficalt explain why?
There is a negative reaction to most witches and their importance in strategic planning is suspect.
Explain Information and its types?
the processed data is known as a information. information can be classified into following types . strategic operational statistical
What is the role consultants play in the strategic planning and management process of a company. Is it an essential role?
What is strategic audit? Explain its relevance to corporate strategy and corporate governance
Explain how operational managerial and strategic activities are related to various IT support system?
Operational, managerial, and strategic activities are interconnected through various IT support systems that facilitate decision-making, efficiency, and alignment with organizational goals. Operational activities utilize IT systems for day-to-day tasks, ensuring smooth processes and data accuracy. Managerial activities rely on these systems to analyze performance and manage resources effectively, while strategic activities leverage IT for data-driven insights and long-term planning. Together, these layers of activities ensure that IT systems support the overall mission and objectives of the organization.
Explain the role projects play in the strategic management process?
Projects can be used in the strategic management process to analyze operational issues and solve problems. New possibilities can be created from using projects as well.
Briiefly explain types of planning?
The process of making plans for something. Types of planning depends on the field of interest. In business planning can be several types like strategic planning, marketing planning, sales planning and so on. Planning is what you do to achieve a goal or overcome a situation or design a way for the future.
Explain the difference between strategic planning and strategic intent?
The difference between strategic planning and strategic intent lies in their focus and scope. Strategic planning involves a structured process of defining an organization's goals, outlining steps, and allocating resources to achieve those goals over a set period. It’s more detailed and tactical. On the other hand, strategic intent refers to the broader vision or long-term aspiration that drives the organization’s actions, focusing on the desired future state. While strategic planning is the roadmap, strategic intent is the destination. For more insights into these concepts, visit PMTrainingSchool .Com (PM training).
What are the different types of management explain?
There are several types of management, including strategic, operational, financial, and human resource management. Strategic management focuses on long-term goals and direction, while operational management deals with the day-to-day activities of an organization. Financial management involves planning and controlling financial resources, and human resource management is concerned with recruiting, training, and developing employees. Each type plays a crucial role in ensuring the overall effectiveness and efficiency of an organization.
Explain the similarities and differences in the scientific management and administrative management approaches to management?
Differences: Scientific focuses on the job Administrative focuses on the work of the manager Similarity: Both theoies share planning functions.
What is strategic mis categories?
explain strategic MIS categories in details
