Business Strategic Management How would you describe the work of strategic leaders? What is the external environmental analysis process (four parts)? What does the firm want to learn using this process?
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Business Strategic Management
How would you describe the work of strategic leaders?
What is the external environmental analysis process (four parts)? What does the firm
want to learn using this process?
Step by step
Solved in 2 steps
- How do managers approach the process of strategic planning and decision-making, and what tools and frameworks can be used to support this process?How can a manager ensure effective communication and alignment of stakeholders during strategic development process?Is accountability an important corporate value? If so, how does it relate to sustainability? Give relevant real-life examples
- What is the importance of business policy in an organization's overall strategy?Why do managers use strategic analysis?you will pick an organization with which you are familiar. It can be an organization in which you have worked or currently work, or one that you interact with regularly as a customer. In a Word document, describe at least three (3) general environmental forces and at least two task environmental forces that impact the success of the organization that you selected Each subsequent paragraph should be a specific component mentioned above ). End with a conclusion that explains how environmental forces affect the job of a manager within this organization. How do they determine the opportunities and threats that its managers must confront?
- when considering the business environment, briefy define and outline the importance the following: Relevance to Market Trends: Competitive Analysis: Regulatory Compliance: Economic Factors: Cultural Sensitivity:1. How often does the organization should assess its strengths, weaknesses, opportunities, and threats in order to understand the current business climate? Explain!2. If you were in charge of environmental scanning for your organization, what changes and strategy would you make? Please answer this thank you.What role does environmental scanning and trend analysis play in the planning process, and how can businesses stay ahead of the curve by identifying and adapting to emerging opportunities and threats?
- Social responsibility isa very important aspect of strategic Management , but some strategies believe that it is a legal matter for firms to be socially responsible, whereas others believe that organizations have no responsibility to the social needs of society .Outline your response to these views using examples .Based on Pak Elektron Ltd.'s (PEL) annual report of 2017 explain in your own words the following questions: 1)Read through PEL'S Corporate Strategy, Business ethics and Practices 2) Management objectives 3) Stakeholders’ Engagement 4)Code of Corporate GovernanceKimberly says that shee needs to hold a Code of Ethics workshop for her team. What is a Code of Ethics? Multiple Choice 1. an internal process for promoting ethical and legal behavior 2. an internal incentive program for boosting sales 3. a marketing plan to launch a company into new technologies 4. a point of sale system