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Ans: f strategy refers to top management's plans to acquire and sustain competing advantage.
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V brief table of contents part 1 launching chapter 1 managers and management fashionable today's workplace 2 history module A brief history of management's roots 30 chapter 2 the management environment 38 chapter 3 influential managerial issues 64 part 2 preparation chapter 4 fashioning decisions 90 amount module quantitative decision-making tools 122 chapter 5 planning and goal setting 13.
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How to write a note on strategic decision making?
Write a short note on strategic decision making framework. Ans. The widely accepted framework for making strategic decisions may be illustrated as under : Typically, it urges managers to proceed sequentially through the following logical steps : 5 Implement these policies by motivating people. Q.2. Distinguish between strategy and tactics.
What are the tools of a strategic manager?
The tools of strategy include product design and attributes, as well as pricing, promotion, and distribution of the product. A strategy may involve investing heavily in promotion to increase marketing effectiveness or lowering prices to build volume and increase market share with specific segments of the market.
Which is the best exam question for Strategic Management?
Some frequently asked exam questions on strategic management are as follows: Q.1. Write a short note on strategic decision making framework. Ans. The widely accepted framework for making strategic decisions may be illustrated as under :
Which is an example of a strategic strategy?
A strategy may involve investing heavily in promotion to increase marketing effectiveness or lowering prices to build volume and increase market share with specific segments of the market. Tactics used to accomplish this strategy include the advertising message, the media choice, and the frequency of the advertising.
Last Update: Oct 2021
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