Importance of strategic management
Explain in brief about the importance of strategic management towards the success of a business?
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Strategic management play a role of a different kind after the Second Word War. Strategic plans of the past frequently range 3 to 5 years. Some of the enterprises could have plans for even ten good years which is not possible today because of rapid evolution of our society.
HoloIMAGine has patented a holographic technology which makes 3-D photography obtainable to consumers. When HoloIMAGine is a pure monopoly, in that case this firm confronts a demand curve which is: (w) identical to the industry demand
Can someone please help me in finding out the accurate answer from the following question. In the equilibrium for an organization with power to adjust the wage it pays, the rate of monopsonistic exploitation equivalents any differe
Can there be certain fixed cost in long run? If not why? Answer: No, there can’t be any fixed cost in long run. The main reason is that there is no fixed inpu
For this profit-maximizing brickyard the total revenue equals approximately: (i) $600 per day. (ii) $900 per day. (iii) $1200 per day. (iv) $1530 per day. Q : Rate of return onto investment When the When the rate of return on investment equals the interest rate, in that case investment will: (w) rise. (x) fall. (y) not change. (z) Any of the above is possible. Hey friends please give your opin
When the rate of return on investment equals the interest rate, in that case investment will: (w) rise. (x) fall. (y) not change. (z) Any of the above is possible. Hey friends please give your opin
Can someone please help me in finding out the accurate answer from the following question. Labor contracts having agency shop arrangements need: (1) Employees of a firm to give dues to the union. (2) The firm to hire just union members. (3) New employees of the firm t
The incentive to work and earn income is likely to be least powerful if an individual who faces. (w) low income tax rates. making the cost of leisure high, and who possesses important amounts of valuable human capital. (x) high effect
Marginal propensity to consume: It is stated as the measure of rate at which the aggregate consumption expenditure changes as the national income changes. MPC= C/Y
Opportunity cost: The Opportunity cost refers to the cost of next best alternative inevitable.
Whenever eating a whole pizza and realizing that the last piece didn’t taste almost as good as the first, you are experiencing is: (1) Diminishing the marginal utility. (2) Law of comparative advantage. (3) Law of income effect. (4) Law of supply.
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