Strategic Management
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Tactics and Strategies Paper
Write a 700-1050-word paper in which you add your strategies and tactics to implement and realize your strategic objectives, measures, and targets. Be sure that you include marketing and information technology strategies and tactics. Also develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally. Finally, recommend actions needed to address ethical, legal and regulatory issues faced by the organization, and how they can improve corporate citizenship.
Be sure to properly cite your references. If you used an electronic source, include the URL.
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The response address the queries posted in 1177 words with references.
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The response address the queries posted in 1177 words with references.
// In this query you are required to define strategies and tactics for implementing and realizing the strategic objectives, targets and measures for your selected business. But, prior to moving for this paper, we should know these terms and their importance. In the following paragraph, I will be assisting you for developing your knowledge on required points. See the text below: //
Strategic objectives are set by the management of an organization for transforming its strategies into reality. These strategic objectives, target and measures are prepared in accordance with the mission, value and vision statements of an organization. These concepts are used to direct the company for setting up & accomplishing the goals hierarchy including mission and vision. A company should be aware that the strategic objectives, targets and measures should be attainable, realistic & measurable and there should be set time frame for completing them (Wheelen & Hunger, 2006). These factors enable a firm to make the optimum utilization of all the available resources.
//In the above paragraph, we have got aware of strategic objective; now, in the following part, we will see the strategies and tactics for the implementation of strategic objectives for an Income Tax Preparation Service Center. //
In the present competitive business scenario, companies are craving to realize their strategic objectives so that they can hold a secure position and large customer base in the marketplace. For this purpose, there are several strategies used by the organizations for the accomplishment of strategic objectives given in the balanced score card. These strategies are as follow:
Marketing Strategies: Effective marketing strategies are very important for the success of an organizations and strategic objectives. There are several marketing strategies such as product innovation, market penetration, heavy advertising, etc (Types of marketing strategies, ...
Education
- MBA (IP), International Center for Internationa Business
- BBA, University of Rajasthan
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