« previous next »

Author Question: What is strategy? What is strategic planning? What will be an ideal ... (Read 62 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
on: Jul 7, 2018
What is strategy? What is strategic planning?
 
  What will be an ideal response?

Question 2

Trade barriers, such as tariffs and quotas, decrease risk and increase profits. Hence, they are attractive to foreign companies.
 
  Indicate whether the statement is true or false


Alyson.hiatt@yahoo.com

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jul 7, 2018
Answer to Question 1

Strategy is the basic means by which a company competes. It includes the choice of business or businesses in which to operate and the ways to differentiate itself from competitors. Strategic planning is the process by which a firm's managers evaluate the future prospects of the firm and decide on appropriate strategies to achieve long-term objectives.

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Cultures Ideal Body Types Cultures Ideal Body Types
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
Sample time management planning chart for a massage student. Sample time management planning chart for a massage student.
Fermentations use a common strategy to regenerate oxidized NAD+ Fermentations use a common strategy to regenerate oxidized NAD+
A basic strategy for producing a knockout mouse A basic strategy for producing a knockout mouse
For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library