Management

Social roles and responsibilities of an organization Strategy ought to be ethical it should be also involving rightful actions to the society. It is an…

Offensive strategy: Offensive strategy is a type of corporate strategy that consists of actively trying to pursue changes within the industry. Companies that are managed…

Corporate strategy is the overall managerial game plan for a diversified company. It extends company-wide. It concerns how a diversified company intends to establish business…

Strategy formulation refers to the process of choosing the most appropriate course of action for the realization of organizational goals and objectives and thereby achieving…

Porter’s Generic Competitive Strategies Porter’s generic strategies describe how a company pursues competitive advantage across its chosen market scope. Each strategy has- a different mechanism…

Strategy formulation is the process by which an organization chooses the most appropriate courses of action to achieve its defined goals. This process is essential…

Strategy formulation is the process by which an organization chooses the most appropriate courses of action to achieve its defined goals. This process is essential…

Environmental scanning is the process of examining the external environment to determine trends and projections of factors that will affect the organization. It involves studying…

The process of analyzing the External Environment The environment of an organization consists of it surrounding anything that affects its operation favorably or unfavorably. The…

A relationship between driving forces and strategy – Sound analysis of an industry’s driving forces is a prerequisite to sound strategy making. If the driving…