"If every manager minimizes the cost of the process he or she supervises, overall costs of the company will decrease."
Would this be a wise strategy, Why or why not?© BrainMass Inc. brainmass.com October 25, 2018, 5:56 am ad1c9bdddf
Although it is a wise strategy to minimize the cost of a process when possible, it is also necessary to look at sacrificed opportunities because of that minimization. In other words, there are both explicit costs and ...
A discussion about whether it is always a wise strategy to minimize the cost of a process.
Strategic Plan on Pfizer, Inc.
A. Long Term Objectives : In addition to long term objective also address following areas: Profitability, Productivity, Competitiveness, Employee development and relations, technical leadership, and public responsibility.
B. Strategic analysis and choice: In this section you should discuss: Generic Strategies, Matched Pairs Analysis, and Grad strategies.
C. Action Plan : The action plan should be directly traceable to the long term objectives.