Explain the importance of analyzing and understanding the firm's external environment.
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A: There is a numeral of reasons why several firms strip their key sections/ division.
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A: outsourcing is the method that helps the company to locate work to the third party on a contract…
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A: Every person have their positive and negative sides which can be useful for various situations. A…
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A: Strategic and tactical operations choices decide how well the association can achieve its…
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A: This question is related to the topic of Business strategy and this topic falls under the operations…
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A: Procter and Gamble (P&G) It is an American company which produced consumed goods. The…
Q: Corporate and Competitive Strategy
A: Corporate strategy is the plan that guides the operations of a business by setting the goals and…
Q: Explain why Management has little control over the competitive environment confronting a firm?
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Q: Describe how a company's mission statement and objectives affect the way the management plans it…
A: The mission statements of the company describe its purpose in the business. It is usually seen as…
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A: Enterprise resource planning is also called enterprise system is described as a cross-functional…
Q: Is growth a good thing for all firms? How does manage-ment know when a firm is ready to grow?
A: Development approaches achievement, correct? Not really. There are numerous organizations that…
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A: The business model provides a framework to build value in the organization. It develops a plan for…
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A: The business growing in size shows growth in market share and monopoly power, thus earning a greater…
Q: Describe the tools or model normally used in analysing industry forces and firm’s internal resources…
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A: Industry leading firms are those industries which are best in the market. Examples of…
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A: Forecasting means determining the future in advance, forecasting the basic step of planning and…
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A: A business strategy is the mix of the relative multitude of choices made and moves performed by the…
Q: Select a conglomerate and describe its major SBUs in terms of the BCG matrix.
A: CHOOSING AMAZON AS conglomerate Amazon.com may be a widely known global digital trade enterprise…
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A: Strategic knowledge management (SKM) connects with the cycles and foundations associations use to…
Q: Discuss in detail any FIVE factors of competitive advantage:
A: A competitive advantage is a unique skill or capability that enables one company to surpass its…
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