Wednesday, June 12, 2019
Strategic planning and control Assignment Example | Topics and Well Written Essays - 2000 words - 1
Strategic planning and control - Assignment ExampleSecondly, you motivation to realise how to purchases technology and design license. Finally, you must understand how to compare the results between our team and other teams, how to post the final decisions to the CESIM as well. After listening to the teachers explanations, I began to find a way to use CESIM. At the same time, I started to write down some nones close to the steps to use the CESIM.After this lecture, I had a preliminary understanding on CESIM. I had a simple plan about how I should do in the first round in the game as well. Combined with the teacher said and I learned before, I thought the most important thing were to increase the production and alter the price to the appropriate areas. Although this game is virtualon the one hand, it helped to practice our skills to use a suitable strategy and control our company. On the other hand, let us know much more about the accounting knowledge, for example we had known the relationship between the demand and supply through the game.The teacher explored offset strategies for businesses, focusing on what a business can do when a market has reached the maturity stage, in order to stay competitive. I learned about the different models that can be used in order to understand what factors would pose risks or opportunities for a business operating in a develop market. At first, the teacher proposed the TOWS Matrix which seemed to be a very simplistic method of examining the firms position. I assumed that a competent strategical manager would already understand the firms basic competencies and infrastructure without having to conduct such an analysis.However, to build better acceptance of this model, I tried applying it to a real-world organisation, Sony, which was struggling against competition in such a market. Through building a thorough TOWS Matrix for this company, I discovered some issues that I would not have originally considered. I conducted smal l-scale marketing
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