Purchase Solution

strategic management

Not what you're looking for?

Ask Custom Question

Allocating resources can be a political and an ad hoc activity in firms that do not use strategic management. Why is this true?
Does adopting strategic management ensure easy resource allocation?
Why? Give examples.

Purchase this Solution

Solution Summary

This answer provides you an excellent discussion on strategic management

Solution Preview

Allocating resources can be a political and an ad hoc activity in firms that do not use strategic management. Why is this true?
Strategic management specifies the vision, mission, values and the strategic plan of the organization. In other words it means that strategic management gives a strong blueprint of how resources are to be allocated. When this blueprint is missing, resource allocation is based on the political alignment of managers in the organization. for instance, the manager who is in favor of the top ...

Solution provided by:
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
  • "Awesome notes. I appreciate you."
  • "I have the follow-up project and I will assign that to you very soon. "
  • "Thank you for your quick respond."
  • "Thank you so very much!!!"
  • "Thanks"
Purchase this Solution


Free BrainMass Quizzes
Motivation

This tests some key elements of major motivation theories.

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse 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.

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.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.