: With the aid of a diagram, discuss THREE (3) activities in a strategy evaluation framework.
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(2)b: With the aid of a diagram, discuss THREE (3) activities in a strategy evaluation framework.
Note : give your won answer in 400 word
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- Choose the best ans: Q: Which is not one of the common principles when implementing a balanced scorecard? Group of answer choices Align the organization to strategy. Make strategy a continual process. Place all the focus on bottom-line profit. Make strategy everyone's everyday job. Q: Customer satisfaction: Group of answer choices Is a function of how much the customer perceives they get from an exchange in relation to what they expected to get. Always guarantees profitability. Can be assumed if the company has a good record of quality. All of the above Q:If Hobby Lobby is trying to get more business by enhancing newspaper inserts and offering discounts for customers with a loyalty card, Hobby Lobby is focusing on which part of the marketing mix? Group of answer choices Product Price Promotion PlaceWhich of the following is NOT a type of strategy developed from a SWOT analysis? A)Strengths/Opportunities B)Strengths/Threats C)Threats/Opportunities. D)Weaknesses/Opportunities E)Weaknesses/Threat1) Explain why your company needs to consider all of these perspectives in developing strategy.(2) Explain why you chose the goals and how the goals are aligned with the mission, vision, and purpose you state in Task 1. VISION Creating a happier and sustainable world is our aim, where coexisting is natural. We believe that every biscuit we produce brings us closer to a healthier lifestyle and a greener future. Each snack is a small but significant contribution towards our vision. MISSION To nourish both the body and soul, Petit Biscuits endeavours to create a delectable assortment of organic treats while simultaneously promoting ethical business practices that benefit the environment. PURPOSE Petit Biscuits is driven by the purpose of making mindful snacking accessible to everyone. Through our products, we aim to offer a variety of biscuit options that align with diverse dietary needs and preferences by also fostering a culture of conscious eating, promoting sustainable sourcing,…
- Attempting to link improvements to business strategy, explain how the generic performance measures can contribute to the overall strategy objectives of an organization.What is the purpose, advantages, and disadvantages of each of the following matrices: SWOT- Strength, Weaknesses, Opportunities, & Threats SPACE- Strategic Position and Action Evaluation (not covered in class; do your research and reading to find out what it is) BCG- Boston Consulting Group IE- Internal/External GS- Grand Strategy QSPM- Quantitative Strategic Planning Matrix Which do you think is/are the strongest of these? Why?What is a supply chain, value chain, and block chain? How can and will they impact strategy and does your strategic plan reflect that? Provide examples.
- In the implementation stage of strategy for any organization, it is essential that the implementation has been conducted effectively as planned. However, the employees of an organization may fail to carry out the strategy as directed. Analyze the possible causes of the problem here and propose a solution for each the causes.A balanced scorecard helps managers create (blank) , which can be used to build a strategy map, linking performance measures with operations in an organization. - value propositions - cause-effects relationship - behaviors - output3. How often does the organization need to analyze the internal and external factors in order to understand competitive advantages and disadvantages as well as identify areas for investment or needs for improvement? Explain!4. When developing and implementing strategy, does an organization needs to consider the internal and external factors to effectively balance short and long-term priorities? If Yes, why? If No, why? Please answer this thank you
- To be effective, an organisation must have clearly defined sets of goals and objectives. Is this statement true of False?Within the context of strategy formulation, what is the firm in the business of doing is considered as iii. assessing core competencies 11. what a firm does better than anyone else iv defining a primary task i the purpose of the firm V. positioning the firm OO D DAmy's Drive-Thru, a fast-food facility, offers healthy, sustainably grown veggie and vegan fast food at higher prices than its competitors in the market and has a drive-through and indoor seated casual dining operation. What strategy is Amy's Drive-Thru using to gain competitive advantage? O a low-cost provider strategy O a broad differentiation strategy O a focused low-cost strategy O a best-cost provider strategy O a differentiation strategy