Strategic Management SUPER SUMMARY Written by: Bhavin Pathak (Student‚ CA-IPCC‚ Arihant Institute Pvt. Ltd.) Features: Full coverage of IMP aspects of Strategic Management Summarized and conceptual Based on Study Material of ICAI Easy to remember format Point-to-point approach towards subject Diagrams and charts given wherever required Useful for LMR (Last Minute Revision) 1 STRATEGIC MANAGEMENT INDEX 1. 2. 3. 4. 5. 6. 7. TOPIC Business Environment Business Policy & Strategic
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Research purpose : How does longshore drift operate and what phenomena influence longshore drift.l; The Muriwai coastal environment is located 40KM NW of Auckland on Tasman sea coast ‚ west coast of North island. How longshore drift operate and what phenomena affect longshore drift at Muriwai beach: The fetch of the Muriwai coastal environment is the Tasman sea. The stretch of Tasman sea over the wind blow created the fetch and the strength of the fetch and wind determine the strength of the wave
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Continental drift is a theory stating that the Earth’s continents have been joined together and have moved away from each other at different times in the Earth’s history. The theory was first proposed by Alfred Wegener in 1912. Whilst his general idea of continental movement eventually became widely accepted‚ his explanation for the mechanism of the movement has been supplanted by the theory of plant tectonics. However there was a problem in accepting this idea originally because Wegener had no convincing
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Qualification (Please specify)______ Post graduate()_ Graduate_()__ Q1. Do you have your own mobile phone? a) Yes b) No Q2. How many mobile phones do you have? a) 1 b) 2 or more Q3. What brand is it? a) Nokia b) Blackberry c) Iphone d) Samsung Q4. You often use mobile to? a) Call b) Sms c) Wap (mobile internet) d) MMS Q5. What type of phone would you like to have? a) Flap phone b) Slide phone c) Tough phone d) Luxury fashion
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About Nokia . Nokia Head Office Nokia Corporation Visiting address: Keilalahdentie 2-4‚ FI-02150 Espoo Post address: P.O. Box 226‚ FI-00045 Nokia Group Finland Tel. +358 (0) 7180 08000 Business ID: 0112038-9 Place of registration: Helsinki‚ Finland 3 Executive Summary This report analyses the impact of external an internal influences on the business strategies of Nokia Corporation‚ evaluates the factors‚ modifier’s of Nokia’s advancement‚ and also considers the environment policies
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Strategic management consists of the analysis‚ decisions‚ and actions an organization undertakes in order to create and sustain competitive advantages. This definition captures two main elements that go to the heart of the field of strategic management. First‚ the strategic management of an organization entails three ongoing processes: analysis‚ decisions‚ and actions. That is‚ strategic management is concerned with the analysis of strategic goals (vision‚ mission‚ and strategic objectives) along
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STRATEGIC FIT – A STRATEGY TO ALIGN ORGANIZATION AND ENVIRONMENT Abstract This paper analyzes the term ‘strategic fit’ exactly means‚ types of strategic fit‚ necessities to focus on strategic fit‚ and most importantly how well an organization can align its resources & capabilities with the opportunities that exist in the external environment so as to achieve peak performance in the business. Strategy of Nestlé as an example to discuss how far it is true that effective strategic fit ensures organization’s
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Strategic Intent – Article Summary By Gary Hamel and C.K. Prahalad Primary Information This article serves a purpose to illustrate some of the flaws that are currently used by western organizations in regards to strategic planning. In this article we see are shown the detriment of the methods in practice at the time of the article‚ and examples of alternative strategic approaches in use by Japanese firms which have allowed them to have sustained success. Strategic Intent and Characteristics
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A strategic group is a concept used in strategic management that groups companies within an industry that have similar business models or similar combinations of strategies. For example‚ the fast-food industry can be portrayed as consisting of several strategic groups. The number of groups within an industry and their composition depends on what dimensions you use to define the groups. Strategists often use a two dimensional grid to display the position of each company along to the two most important
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define the strategic plan and identify the critical information that must be defined and analyzed by management. It will then discuss the importance of a solid strategic management plan. Lastly‚ it will define the four functions of management and explain how they are relative to creating and implementing a strategic management plan. Strategic Plan John A. Pearce II and Richard B. Robinson‚ Jr. authors of the book Strategic Management Formulation‚ Implementation‚ and Control define strategic management
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