PEP STORES: AN EVALUATION OF THE STRATEGIC DEVELOPMENT OF THE ORGANISATION INTRODUCTION AND OVERVIEW Like most organisations‚ Pep stores was concerned with the long-term sustainability of the organisation‚ profits/financial performance‚ market performance and the satisfying its stakeholders‚ including the shareholders. With these factors often contradicting each other it is clear Pep stores struggled through the 1990’s balance these competing forces in other to achieve their organisational objectives
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DIFFERENT APPROACHES TO MANAGEMENT Management was influenced by various disciplines like sociology‚ economics‚ political science‚ anthropology‚ psychology‚ and even literature. Due to such multidisciplinary influences‚ even authors like Harold Koontz (1961) referred to management as a ‘jungle’. Even then‚ differences exist in the classification of approaches. Although one of the ways to classify management approaches is from the analysis of John G. Hutchinson (1971)‚ which considers
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events‚ that occur outside of the organization and effect it in either a positive or negative way. Example‚ the overall economy. This occurs outside the organization and by-and-large out of the control of the organization. In other words‚ are people spending money‚ or stashing it away because of financial concerns. This effects the organization. Another example could be changing demographics. Another‚ even weather. Weather can effect organizations such as farmers‚ ski resorts‚ catastrophes such as
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Pengurusan dapat didefinisikan sebagai satu proses perancangan‚ penyusunan‚ pengarahan dan pengawalan dalam sebuah organisasi bagi mencapai misi serta visi yang telah ditetapkan. Mengikut AhmadAtory(1996)‚ Istilah pengurusan telah merujuk kepada satu set yang telah direka bentuk bagi meninggikan dan mengarahkan kerja-kerja dan tugasan yang telah ditentukan.Istilah strategik pula berasal dari bahasa Greek Strategos yang boleh diertikan sebagai " Fungsi Seorang Jeneral’ (zainal Abidin 2008). Perancangan
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Mintzberg’s Strategy Continuum: Philosophic and Theoretical Underpinnings Naveed Yazdani Chair Department of Business Administration School of Business & Economics University of Management & Technology Yazdani@umt.edu.pk & naveedyazdani@hotmail.co.uk Abstract This theoretical paper views Henry Mintzberg’s ‘Strategy Safari’ as representing a strategy continuum along which different styles/modes of strategy making and implementing are spread‚ with Prescriptive/Planning style of strategizing at
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the market.The vission of Tesco to be most highly valued by the customers they serve‚ the communiaes in which they operate‚ their loyal and commiced staff and their shareholders; to be a growth company; a modern and innovative company and winning locally‚ applying our skills globally. Strengths Tesco is a powerful retail brand. It is known as a company that is value for money‚ very convenient with the wide range of products‚ all products
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T.C. MARMARA ÜNİVERSİTESİ SOSYAL BİLİMLER ENSTİTÜSÜ İŞLETME ANABİLİM DALI YÖNETİM VE ORGANİZASYON (İNGİLİZCE) BİLİM DALI NEW ECONOMY AND ITS SPECIFICATIONS (DIGITAL ECONOMY‚ INTERNET ECONOMY‚ KNOWLEDGE ECONOMY) Yüksek Lisans R. ERWİN PUTERA PAMUNGKAS SAPTONO İstanbul‚ 2010 1. Introduction From around 1938 to 1974‚ the economy was built on a manufacturing base geared toward standardized production. It was organized into stable‚ hierarchical and generally autocratic organizations. These
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Human Resource Management Institute (HRMI) Edexcel BTEC HND in Business – HRM – Batch 3/E 1/S Unit No/Title: Unit 7:/ Business Strategy Unit Code: A/601/0796 Assignment No: 1 / 1 Assignment Title: Development of a Business Strategy Grading Opportunities Available |Outcomes/ Grade Descriptors | |………………………………………………………….. |
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“Notable Quotes” "Like a product or service‚ the planning process it self must be managed and shaped‚ if it is to serve executives as a vehicle for strategic decision-making." —Robert Lenz "The difference between now and five years ago is that information systems had limited function. You weren’t betting your company on it. Now you are." —William Gruber "Weak leadership can wreck the soundest strategy." —Sun Tzu "A firm that continues to employ a previously successful strategy eventually
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Strategic Management: Theory and Case Study By Tunchalong Rungwitoo May 2012 ii Table of Content Table of Content.................................................................................................................ii Table of Table................................................................................................................... iii Table of Figure ..........................................................................................................
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