Get premium membership and access questions with answers, video lessons as well as revision papers.
The company will go out of business very rapidly.No business can exist without a strategy.
Regardless of its structure and systems or the lack thereof, a business must have a strategy that defines what market and customers it is serving, what product or service it is offering that market, how it gets people to buy what it offers and how it does all this in such a way as to make a profit.
maurice.mutuku answered the question on August 2, 2019 at 11:19
- How often does a company or an organization change their strategies?(Solved)
How often does a company or an organization change their strategies?
Date posted: August 2, 2019. Answers (1)
- What is the contribution of the Organization structure to strategy implementation?(Solved)
What is the contribution of the Organization structure to strategy implementation?
Date posted: August 2, 2019. Answers (1)
- What is Budgeting?(Solved)
What is Budgeting?
Date posted: August 2, 2019. Answers (1)
- Highlight the factors to consider before matching organizational structure to strategy.(Solved)
Highlight the factors to consider before matching organizational structure to strategy.
Date posted: August 2, 2019. Answers (1)
- Discuss the risks in Strategic Management (Solved)
Discuss the risks in Strategic Management
Date posted: August 2, 2019. Answers (1)
- What is the meaning of objectives?(Solved)
What is the meaning of objectives?
Date posted: August 2, 2019. Answers (1)
- Define a Mission(Solved)
Define a Mission
Date posted: August 2, 2019. Answers (1)
- Define Strategy formulation(Solved)
Define Strategy formulation
Date posted: August 2, 2019. Answers (1)
- What are the features Environmental Scanning?(Solved)
What are the features of Environmental Scanning?
Date posted: August 2, 2019. Answers (1)
- Highlight the features of effective objectives (Solved)
Highlight the features of effective objectives
Date posted: August 2, 2019. Answers (1)
- Define a Goal.(Solved)
Define a Goal.
Date posted: August 2, 2019. Answers (1)
- Give the features of an effective vision statement.(Solved)
Give the features of an effective vision statement.
Date posted: August 2, 2019. Answers (1)
- What is a Vision?(Solved)
What is a Vision?
Date posted: August 2, 2019. Answers (1)
- Define Mission Statement(Solved)
Define Mission Statement
Date posted: August 2, 2019. Answers (1)
- What is Strategic Intent?(Solved)
What is Strategic Intent?
Date posted: August 2, 2019. Answers (1)
- What are the features of Strategy?(Solved)
What are the features of Strategy?
Date posted: August 2, 2019. Answers (1)
- What are the concepts and techniques of strategic management?(Solved)
What are the concepts and techniques of strategic management?
Date posted: August 2, 2019. Answers (1)
- What is Strategic management?(Solved)
What is Strategic management?
Date posted: August 2, 2019. Answers (1)
- Discuss the various types of organizational resources and capabilities (Solved)
Discuss the various types of organizational resources and capabilities
Date posted: August 1, 2019. Answers (1)
- Give the stages of a product’s life cycle and the accompanying characteristics(Solved)
Give the stages of a product’s life cycle and the accompanying characteristics
Date posted: August 1, 2019. Answers (1)