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    Strategy: Term: Which Achieves Advantage

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    VishwaMohan
    The document discusses strategy and defines it as the direction and scope of an organization over the long-term that achieves competitive advantage through effective allocation of resources in response to market demands and stakeholder expectations. It also discusses corporate strategy, business strategy, corporate culture, and a framework for developing strategy that involves setting goals, conducting a SWOT analysis, developing the strategy, implementing it, and measuring/evaluating performance.

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    Strategy: Term: Which Achieves Advantage

    Uploaded by

    VishwaMohan
    20 views7 pages
    The document discusses strategy and defines it as the direction and scope of an organization over the long-term that achieves competitive advantage through effective allocation of resources in response to market demands and stakeholder expectations. It also discusses corporate strategy, business strategy, corporate culture, and a framework for developing strategy that involves setting goals, conducting a SWOT analysis, developing the strategy, implementing it, and measuring/evaluating performance.

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    presentation on business environment

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    The document discusses strategy and defines it as the direction and scope of an organization over the long-term that achieves competitive advantage through effective allocation of resources in response to market demands and stakeholder expectations. It also discusses corporate strategy, business strategy, corporate culture, and a framework for developing strategy that involves setting goals, conducting a SWOT analysis, developing the strategy, implementing it, and measuring/evaluating performance.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    20 views7 pages

    Strategy: Term: Which Achieves Advantage

    Uploaded by

    VishwaMohan
    The document discusses strategy and defines it as the direction and scope of an organization over the long-term that achieves competitive advantage through effective allocation of resources in response to market demands and stakeholder expectations. It also discusses corporate strategy, business strategy, corporate culture, and a framework for developing strategy that involves setting goals, conducting a SWOT analysis, developing the strategy, implementing it, and measuring/evaluating performance.

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    Strategy

    "Strategy is the direction and scope


    of an organisation over the long-
    term: which achieves advantage
    for the organisation through its
    configuration of resources within a
    challenging environment, to meet
    the needs of markets and to fulfil
    stakeholder expectations".
    Corporate Strategy:
    Mission & Corporate Operating
    Objectives Business Plans
    Functional
    Business Strategy
    Corporate Culture
    Corporate Culture

    The beliefs and values shared by people


    who work in an organisation
    o How people behave with each other
    o How people behave with customers/clients
    o How people view their relationship with
    stakeholders
    o Peoples responses to energy use, community
    involvement, absence, work ethic, etc.
    o How the organisation behaves to its
    employees training, professional
    development, etc.
    Corporate Culture
    Goals / Objectives

    SWOT Analysis

    Strategy

    Implementation

    Measurement and Evaluation

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