Discuss how getting a solid strategy would ensure the organisation success?
Discuss how getting a solid strategy would ensure the organisation success?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Discuss how getting a solid strategy would ensure the organisation success?
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Introduction
A strategy is defined as a course of action that enables firms to accomplish their long-term goals and objectives. The organisation needs to have a long-term purpose and a strategy to help it accomplish that objective while also surviving in the long run.
However, a business's Certainties are the bedrock of strategy. Businesses must adjust their plans if there are any uncertainties plans and develop various strategies depending on the situation.
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