"why are crafting and executing business strategies the foremost tasks of any organization"

1 answer:

4 0

Because a good strategy coupled with a good strategy execution are the most telling signs of good management and allow a company to be a standout performer in the marketplace
This will allow the company to had a clear path on what needed to be done during the operation and develop
some sort of prediction in order to prepare themselves when they have to face certaionissues

You might be interested in

Please help! <br><br>How can easy access to credit lead to Financial Mistakes and Bankruptcy?

zvonat [6]

Answer: over-borrowing.

Explanation:

credit cards function like this: you can "buy" a lot of things with it, including very very expensive things. this is because instead of really buying that product, you borrow money from the bank to buy it. you then have to pay it off in slower amounts of money over time until youve paid off the original cost of the product and more because the bank will most likely charge interest.

sounds great, right?

it is, until you cant afford to pay those smaller amounts of money. then, it starts to build up and if you still cant afford to pay the bank, they will begin to liquidize your physical assets (they take your stuff as payment, really anything, even your house can be taken.)

3 0

3 years ago

Mixed economies: Multiple select question. are slowly disappearing, since they are unsuccessful exist when the distribution of r

yuradex [85]

There are different type of economies, Mixed economies exist when the distribution of resources involves elements from more than one economic system.

<h3>What is mixed economies? </h3>

Mixed economy is a type of market system where resource are allocated and trade in market where free markets coexist with government intervention.

private companies and government owned both exist and share resources together.

Therefore, Mixed economies exist when the distribution of resources involves elements from more than one economic system.

Learn more on mixed economy here

https://brainly.in/question/2334965

6 0

2 years ago

Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the clo

Cerrena [4.2K]

476+898)+^9764598*7*

3 0

3 years ago

The use of unconventional, innovative, and low-cost marketing techniques designed to get consumers' attention in unusual ways is

AnnyKZ [126]

<span>It is called guerrilla marketing. The main goal of this strategy is to maximize profits without having to spend a lot of money on attracting customers. Companies with low budgets use this strategy a lot to make up for their low spending money. Guerrilla marketing is much more creative that your typical marketing, it does not simply tell you to buy a company's product. It tries to make you laugh, imagine, feel or think to convince someone to buy a company's product.</span>

7 0

3 years ago

Providing something to a target market that is unique and valuable beyond simply offering a lower price than that of the competi

Scrat [10]

Answer:

Product or service differentiation competitive advantage

Explanation:

Product or service differentiation is the procedure of distinguishing the service or the product from others in order to make the product or service more attractive for a specific target market.

And Product or service differentiation is a competitive advantage which is tactic of strategic positioning for an business or firm could undertake in order to set its services or products and the brands apart from those of the others.

So, offering the target market which is unique or different by offering lower price than the others or competitors are known as product or service differentiation competitive advantage.

7 0

4 years ago