D) savings - you should always have a 'buffer' to ensure that should the worst happen you have 'thinking time' to adapt your lifestyle.
Overall purpose of strategic management is to gain competitive advantage over competitors. Strategic management can be the key to delivering a stable bottom line in a marketplace where workplaces are constantly being disrupted by technology innovation. Creating a strategic vision necessitates knowledge of global trends, the competitive landscape, and stakeholder expectations.
Company executives who understand their own company's products or services as well as what their big competitors will do next can forecast and make timely business actions. It also means that they can plan for future possibilities and hazards. Strategic decisions and strategic management can help organizations improve their long-term competitive position.
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Answer:
Extraversion / Extravert
Explanation:
This means the persons personality is outgoing and open to the world. They do not keep to themselves but instead are usually unreserved.
I hope this helps!
-TheBusinessMan
Answer:
The role of organizational structure is to help make clear who answers to whom and where they fit in the chain of command
The fundamental purpose of a prototype is to help a company better understand its new product designs.
<h3 /><h3>What is prototyping?</h3>
It is the process of producing a sample of a product, which will serve as an initial representation that will later be produced on a large scale, helping to save time, costs and increasing learning about organizational projects.
Therefore, prototyping is a design process that helps an organization to gain more information to develop its business projects.
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