Explain whether the following statement is true or False. (Proper explanation is needed) Functional strategies are the goal-directed plans and actions of the organization's various functional departments.
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A: The correct option is d) that is, they must tied directly to a firms competitive position.…
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A: Efforts can be defined as continuous attempts to achieve a desired goal.
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A:
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A: Planning for a crisis-
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A: Planning is the managerial job, and it entails deciding ahead of time what needs to be done, when…
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A: The result approach focuses on managing the objectives, measurable results of job and workgroup.…
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A: Strategy: It consists of thoughts, ideas, and expertise that helps to provide the general guidance…
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- 3) Identify the major difference between traditional objective setting and management by objectives.The SWOT is Select one: a. A business strategy used to summarise the key components of the company strategic environments b. A business or strategic planning technique used to outsource the key components of the company strategic environments. c. A business or strategic planning technique used to summarise the key components of the company strategic environments d. A business or strategic planning technique used to select the key resources of the company strategic environments.Read the instructions in full before you attempt to answer. In section 1 below, a total of eight different market segments for the cold beverage market have been provided (Note: For the purpose of this discussion activity, let’s assume that the cold beverage market includes fizzy drinks (sodas), juice, energy drinks, milk-based drinks, yoghurt-based drinks, water, sports drinks, and so on.). Read section 1 statements, then read the task in section 2. Section 1: Quick Overview of Each Market Segment The ‘Really thirsty’: This group of consumers is seeking a fairly straightforward functional benefit from their consumption of a beverage. The ‘On the go’: The on-the-go market segment is a busy group of consumers who tend to eat and drink while they are traveling. The ‘Need a boost’: This market segment consists of those consumers are feeling rundown or tired during the day. The ‘Variety seekers’: Variety seekers are consumers that have limited brand loyalty and will consume a broader…
- Manny is the Marketing Director for a children’s clothing line. He recently met with his boss, the Chief Marketing Officer, who walked him through the company’s new five-year strategic plan and the specific goals for his department. To evaluate whether goals were met, Manny must develop a list of “success metrics” and measure those throughout the course of the year and develop remediation plans if goals get off track. Manny’s work is an example of which of the functions of management? a. Controllingb. Leadingc. Organizingd. Planninge. None of the aboveRead the following and Answer the questions that follow: One of the reasons’ companies develop Web sites is to attract more customers. The types of attractors that found are as follows: The entertainment park; the archive; exclusive sponsorship; the town hall; the club; the gift shop; the freeway intersections or portals; and the customer service centre. It has been established that all these types of attractors are very important for any company. Required: a) Discuss any three (3) types of attractors and where possible give examples to show how these attractors operate and assist business to achieve their goals. b) Service is often differentiated from products, and the four (4) distinct service features that distinguishes service from products are: intangibility; simultaneity; heterogeneity; and perishability. Evaluate the four (4) features that differentiates service from product.SWOT analysis is a framework for analyzing the internal and external environment of a company. It consists of strengths, weaknesses, opportunities and threats. According to a SWOT analysis, which of the following is not an aspect that the company's strategy should follow? a. take advantage of their weaknesses b. remedy weaknesses or work around them c. take advantage of the opportunities presented by the environment d. protect the company from threats
- Planning in management is a fundamental and crucial process that entails setting objectives, identifying resources, and establishing a roadmap to achieve organizational goals. Effective planning provides a clear direction for decision-making, resource allocation, and execution. It involves various stages, such as strategic planning, tactical planning, and operational planning, each with its own time horizon and level of detail. Strategic planning sets the long-term vision and goals, while tactical planning focuses on medium-term actions and resource allocation. Operational planning, on the other hand, deals with the day-to-day activities and ensures that they align with the broader strategic and tactical objectives. Question: How does an organization strike the right balance between long-term strategic planning and short-term operational planning to ensure sustained success and adaptability in today's rapidly changing business environmet?ntE-Government Implementation has several phases, except: Select one: a. Execution b. Social health care c. Planning d. ControlIn a situation where an organization has more objectives to achieve, describe the best way to prioritize objectives
- e xplain the primary factors to consider when deciding on an approach to coordinate various organizational activities in pursuit of achieving the organization's objectives?This discussion is associated with the Navigate 2 Scenario - Episode 4: How are we doing? It’s time for a marketing audit! The Health Care System wants to see how responsive they are to market needs and preferences, and if their marketing strategies are showing a good return on investment. You have been brought in as an objective party to perform this audit. During this episode, you need to identify the right people to be in the interviews and choose the best questions to ask from the following categories. Identify who the stakeholders are in the interview and who are the best people to ask questions regarding the following categories (choose 3 categories). What are the questions you will ask? Market and market segments The organization Competitors Products and services Price Promotion Channels of distributionStrategic leadership can also be defined as utilizing strategy in the management of employees. It usually requires the following with the exception of O a. a list of possible risks O b. a vision Oc. a mission O d. a set of goals strategy or plan Oe.