Define the term Strategic management
Briefly define the term Strategic management and also state the reason why it is designed?
Expert
The Strategic management is mainly designed to give a business with an apparent sense of reason and to make sure that suitable action is taken to accomplish that aim. The action taken must link the internal resources of the business to the exterior atmosphere of competitors, suppliers, customers and so forth. This must be completed in such a way that any business strengths, like having an expert workforce, are exploited and any weaknesses, like being short of investment finance are not exposed.
Normal 0
What is the maximum and minimum number of partners in each and every type of partnership? Answer: There must be at least two persons to build a Partnership. The maxi
Write down a brief note on the illustrations of unethical and unacceptable actions?
Cost Avoidance: The action taken to decrease future costs, like replacing parts before they fail and cause harm to other portions. Cost avoidance might incur higher (or extra) costs in the short run however the final or life-cycle cost would be lower.
Limited partnerships: Limited partnerships are an alternative to limited liability companies because of their simplicity. All the states encompass passed limited partnership legislation.A limited partn
What does the difference between management accounting and financial accounting suggest?
What are the key qualities or characteristics which accounting information should possess?
What do you mean by the term Understandability which is accounting information?
Q : Adjunct account An account in financial An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
18,76,764
1933051 Asked
3,689
Active Tutors
1425299
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!