Why is it important for an enterprise to study and understand its internal environment?
Q: Why is it advised to look for a fragmented industry for a new business
A: Industries in which the organizations neither have major control over the market share nor an…
Q: Business Strategy is about managing uncertainty, opportunity and enterprise. How does a firm…
A: Business growth can be defined as more sales of the product in the market and a successful company…
Q: How can the firms understand their competitors?
A: Business refers to an activity of trade where sale and purchase of either goods or services is done…
Q: Why structural transformation and diversification are important? Briefly explain it
A: In a company, management can choose different types of strategies such as business strategy,…
Q: other innovations would you advise to consider in order to diversify the business?
A: Diversification is adopted by companies in order to expand their operations. Diversification helps…
Q: Why might an organization choose to diversify?
A: Diversification for any organisation is considered to be a very challenging decision. It is not a…
Q: When does business diversification become a consideration for companies?
A: Business diversification refers to a strategic decision to enter a new market or develop new…
Q: Why is the expansion phase the most pronounced in a business cycle?
A: The primary stage in the business cycle is expansion. In this stage, there is an increment in…
Q: How can businesses better deal with turbulent, high-velocity markets or volatility in the business…
A: The high-speed industry can be perceived as a replacement for different areas with similar…
Q: is it true that every organization holds stock? Why?
A: Introduction- Stock is a important evil that each enterprise could ought to hold for numerous…
Q: What is a enterprise?
A: Enterprise means to organize a business, to initiate it, and operate it. It aims to bring the…
Q: What are the most distinguishing features of a market-oriented organisation?
A: The following are the most critical features of market-oriented businesses:
Q: How the good competitors in business should be?
A: Attributes of business: 1. The business activities are carried out in order to earn profit and is…
Q: 1. What is the main role of the macro and micro environment in a business?
A: Business environment is said to the overall atmosphere in which businesses have to discharge all its…
Q: How can an organization make its competitive advantages sustainable over time?
A: Market competition is highly evitable in the market for the purpose of achivement of more sales and…
Q: How can a firm best achieve sustained competitive advantage?
A: For any company, its growth in the market place is very important and gaining their market share…
Q: Should a business stick to its competitive strategy all throughout its life cycle?
A: Business strategies define the pathways that comprise action plans and decisions to reach objectives…
Q: How do companies go about finding their competitive advantage?
A: Competitive advantage is what makes your company different. It is a spin on how the product or…
Q: What security risks exist in the enterprise?
A: Enterprise security is a kind of process in an organization that tries to protect the information or…
Q: What plan can be used to secure enterprise systems inside and outside of the enterprise?
A: Enterprise systems are an integral part of the day to day business operation. The complex business…
Q: show how enterprise systems work?
A: The enterprise system works in the following ways-
Q: How can we examine the relative strengths and weaknesses of a company compared with other companies?
A: Strengths and weaknesses of a company is described as the areas in which it excels and the areas in…
Q: What are 5 most significant challenges associated with the implementation of an enterprise system…
A: Enterprise resource planning is also called enterprise system is described as a cross-functional…
Q: . What makes your firm different from its competitors?
A: Organizations need to stand out in from the crowd of competitors to gain more market reach, customer…
Q: Give an example for each of the internal drivers for enterprise architecture?
A: Enterprise architecture is an organization that chooses to do for strategic goals relating to the…
Q: firm that is making a profit in a monopolistically competitive market. Now show what happens to this…
A: Monopolistic competition portrays an industry where numerous organizations offer items or…
Q: Uncertainty, incentive, and industry are all managed by business strategy. How does a company assess…
A: More sales of a product on the market and a profitable company bottom line are two examples of…
Q: Critically discuss how innovation can help organisations achieve and sustain their competitive…
A: Innovation is defined as a process through which a particular product or service is renewed and is…
Q: What new technologies could destroy your current industry?
A: A long time back Artificial Intelligence and Machine Learning technologies were considered to be an…
Q: What are the types of corporate diversification? Explain them in detail.
A: Every business wants to seek growth in many ways and diversification is one of them. Diversification…
Q: Which are the Benefits of Technology Investments?
A: Technology has changed the way businesses work. In today’s era, companies can’t think of doing…
Q: what is failure of competition?
A: Competition occurs when two or more different entities strive to win where one wins while other…
Q: Evaluate if it is possible for a business to meet the needs of shareholders, customers, employees,…
A: Stakeholders are all those parties that are interested, affected or they can affect the business…
Q: Why is a business or organization considering an open system?
A: An open system can be described as a system which has no boundary and new information and ideas can…
Q: what is the advantage of technopreneurship?
A: Technopreneurs are entrepreneurs who concepts technology-based business ideas to make a change in…
Q: How do successful firms derive their competitive advantage?
A: A competitive advantage in business is the characteristic that gives consent to a corporation to…
Q: critical success factors to make sure the implementation of an enterprise system is successful?
A: Enterprise resource coming up with (ERP) systems have emerged because of the core of triple-crown…
Q: define the term “ Technopreneurship” ?
A: Technopreneurship word itself is basically made up of two different words that is Technology and…
Q: How would you protect your company from internal vs external threats?
A: Threats to a company can arise from potential risks both internally as well as externally. It can be…
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- How can a company adapt its business processes to changing market conditions and customer needs?How can an organization effectively assess and enhance its strategic capability to gain a competitive advantage in the market?How can organizations effectively align their business policies with the ever-evolving technological landscape to ensure long-term competitiveness and adaptability?
- How do you analyze how companies in a monopolistically competitive market position themselves to be successful?What is the contribution made by business organizations to meet the needs of people or a society?How can we develop strategies to manage potential disruptions, such as natural disasters, economic crises, or pandemics, in the business environment?
- Why do businesses in highly competitive industries and markets all too often mimic the actions of their more successful competitors?Choose a business with which you're familiar and use it to provide examples of how a business is affected by operating in each environment.What are the levels of the external environment with an explanation of the forces and factors?