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Dynamic environment
Strategic Management
answered on 10-Feb-22 18:48
What is the meaning of highlights part?
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It means it might not be possible to do a perfect match between strengths of organisation and external opportunities, so there has to be a workable balance.
Sumita Shah
CA Inter
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Value chain analysis
Strategic Management
answered on 08-Feb-22 14:17
In other words it is these competences to perform particular activities and the ability to manage linkages between activities which are the source of competitive advantages for the organisation. I dont understand this para, its confusing
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Thank you sir
Jiya T
CA Inter
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673
Dynamic
Strategic Management
answered on 07-Feb-22 19:42
When diversification is risky then why business want to move thereon?
latest answer
Higher risk also rewards with higher returns if successful
Sumita Shah
CA Inter
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Dynamic
Strategic Management
answered on 08-Feb-22 10:12
Explain the meaning of highlights part
latest answer
With a mature market there are no more demographic sectors to exploit and the only way to attain market share is to take it from competitors. Since the users / consumers are already aware of the product and players, you should aggresively promote your product and also the pricing should be such that the existing competitors have a tough time and you take away there share of market.
Sumita Shah
CA Inter
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I want clarification
Strategic Management
answered on 07-Feb-22 14:26
different between key factors of competitive success and competitive advantage
latest answer
Key factors of competitive success are those things that most affect industry membersâ?? ability to prosper in the marketplace. Like for cloth manufacturing, these factors could be appealing designs, color combination etc. Competitive advantage is what enables a particular firm to propser more. It is specific to firm. It could include some key factors that a firm does very well (like world-class manufacturing capacities) and there could be some other factors like founder's past experience in the sector, backward / forward integration etc.
PRADAP S
CA Inter
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Dynamic of sm
Strategic Management
answered on 01-Feb-22 14:44
Strategy evolve from experience and need constant review and revision as the result of start showing up. What is the meaning of this sentence?
latest answer
First you make a strategy then you implement it. While implementing, one must constantly review whether what you aimed for is being achieved. Cause due to reasons like business environmental changes etc. the manager might have to make changes in strategy in order to ensure his objective. For the manager to make correct changes and decisions he needs to have experience. Thus through experience of manager and constant changes, the strategy evolves. Evolves as in, the plan you made at the beginning has undergone changes.
Sumita Shah
CA Inter
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Prospects and financial attractiveness of industry
Strategic Management
answered on 28-Jan-22 19:43
Severity of problems confronting industry as a whole I dont understand this line
latest answer
Problems faced by industry as a whole and how severe are the problems.
Jiya T
CA Inter
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551
Introduction of strategic management
Strategic Management
answered on 27-Jan-22 12:01
What is the meaning of 2nd paragraph?
latest answer
It means that the strategy will not always be perfect. It has to be made in a way where it is flexible. Also it tells that "strategy cannot be a substitute for management" which means that the strategy can be made by the management but it's the management of the organization that implements the strategy. In other words, it tells the importance of management in formulating and implementation of strategy.
Sumita Shah
CA Inter
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Industry growth rate
Strategic Management
answered on 20-Jan-22 12:14
What is Industry growth rate?
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Thanks
Jiya T
CA Inter
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592
Driving forces
Strategic Management
answered on 20-Jan-22 12:15
1.Long terem industry groth rate change I dont understand this line
latest answer
Thank you
Jiya T
CA Inter
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591