Integrate the cultural considerations discussion important in a proposal for a new strategic plan.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Integrate the cultural considerations discussion important in a proposal for a new strategic plan.

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Step 1: Introduction

The attempt to define organizational culture brings us to human resource, and as the business environment becomes more globalized, organizational resource in terms of human capital derives from various societal environments, own ideas, beliefs, and emotions that are both personally held and shared with others, and is either enriched or replaced with the aid of customs and rules within the organization. Each strategy's foundation and implementation are rooted in corporate culture. Strategic management refers to the full range of choices and actions taken to develop and put into action plans and strategies that will help the organization achieve its goals. Strong corporate cultures are the result of numerous contributions from various actors within the organization, including the regulation, the internal and external audit, the board, and the internal and external audit.

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