Strategic Management
Not what you're looking for?
Details: What do you consider Able Corporation's top two strategic objectives over the next year? Why these? Be creative and think outside the box.
Hint: We are essentially in a situation commonly referred to as a "turn-round" situation. Consider this scenario as though "Able" were a patient, very ill, being wheeled into the Trauma Ward of an Emergency Center. What is the primary task of the medical team with the ill patient? This answer will guide you in selecting the two strategic objectives.
.
Purchase this Solution
Solution Summary
The response addresses the queries posted in 620 words with references.
Solution Preview
The response addresses the queries posted in 620 words with references.
//Before writing about the rationale to select the strategic objectives, it is essential to gain knowledge about the strategic objectives of the company. One should know about the top two strategic objectives of the company in order to direct it for the future prospects//
Strategic objectives
Strategic objectives play a determinative role in the development of future prospects of any company whether it is a retail company or a manufacturing one. These objectives serve as a key element of organizational strategies that form the basis for the organizations. Strategic objectives of Able Corporation are based on an in-depth assessment of its situation that reflects the short term and long term goals of the company. After the assessment of overall company situation, it is reflected that the firm is in turn-round situation (Hitt, Ireland & Hoskisson, 2008, pp 275). These strategic objectives are developed according to the SMART pattern ...
Education
- MBA (IP), International Center for Internationa Business
- BBA, University of Rajasthan
Recent Feedback
- "Thank You so much! "
- "Always provide great help, I highly recommend Mr. Sharma over others, thanks again. "
- "great job. I will need another help from you. "
- "first class!"
- "Thank you for your great notes. Will you be willing to help me with one more assignment? "
Purchase this Solution
Free BrainMass Quizzes
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.