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explain strategic execution versus strategic planning response to technological change or disruption
Strategic execution and strategic planning are both integral components of organizational management, but they differ in their focus, scope, and approach.
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- Is there a risk in implementing a business-to-consumer strategy? Explain.Examine the key historical forces which has an impact on the Business Environment with appropriate examples.Contrast past and present business environments with regard to the following aspects: basis of competition, manufacturing processes and manufacturing technology, required labor skills, emphasis onquality, number of products, number of markets, types of cost management information needed, management organizational structure, and management focus
- In terms of environmental factors and risks, what type of strategies would provide value to the outcome a company?Technology has important effects on business operations. No matter the size of your enterprise, technology has both tangible and intangible benefits. How have changes in technology contributed to the globalization of markets and production? Would the globalization of production and markets have been possible without these technological changes? Also discuss various socio-technical marketing strategies that influence consumer behavior to increase the adoption behavior? Come up with 2 exampleshow does a firm position itself in disruptive business environment? Explain
- With examples, what is the importance of strategic marketing to the contemporary business operationsExplain how marketing decisions need to be continuously adapted to change in the micro and macro environments that business operate in.The business environment encompasses the myriad external factors that affect the operations, performance, and decision-making processes of an organization. It is a dynamic and multifaceted arena, shaped by economic, social, technological, political, and legal forces. The economic environment, for instance, plays a pivotal role in influencing business activities, encompassing aspects such as inflation rates, exchange rates, and overall economic stability. Social factors, including cultural trends and demographics, contribute to the shaping of consumer preferences and market demand. Rapid technological advancements introduce both opportunities and challenges, as businesses strive to stay competitive and innovate in an ever-evolving landscape. Political and legal factors, on the other hand, can significantly impact business operations through regulations, government policies, and geopolitical events. In navigating this complex business environment, organizations must remain agile and…