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picture1_Strategic Management Ppt 79403 | Strategic Management  21722


 144x       Filetype PPTX       File size 0.59 MB       Source: siesce.edu.in


File: Strategic Management Ppt 79403 | Strategic Management 21722
importance of politics in strategic management 1 political stability 2 changes in government regulations 3 impact on economy 4 campaign finance 5 lobbying or legislative advocacy 6 helps in risk ...

icon picture PPTX Filetype Power Point PPTX | Posted on 06 Sep 2022 | 3 years ago
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   IMPORTANCE OF POLITICS IN STRATEGIC MANAGEMENT:
   (1) Political Stability.
   (2) Changes in Government Regulations.
   (3) Impact on Economy.
   (4) Campaign Finance.
   (5) Lobbying or Legislative Advocacy.
   (6) Helps in Risk Mitigation.
         * Impacts of Organizational Politics.
    ROLE OF COMPETITION:
    (*) The following are some of the important benefits of competition:
    (1) Growth of Business.
    (2) Better service to the customers.
    (3) Provides opportunities for creative thinking and innovation.
    (4) Stops complacency.
    (5) Triggers economic growth.
    (6) Helps in identification of strengths and weakness.
    (7) Helps in identification of potential threats.
    (8) Helps business to  raise their standards of service.  
   NATIONAL AND GLOBAL BUSINESS 
   ENVIRONMENT:  
   1) Global Concentration.
   2) Global Synergies.
   3) Global Strategic Motivation.
  (*) Some of the long-term developments that are 
  shaping our world:
  (1) Emerging markets increase their global power.
  (2) Green marketing is becoming a competitive advantage.
  (3) Global banking seek recovery through transformation.
  (4) Governments enhance ties with the private sector.
  (5) Rapid technology innovation creating a smart, mobile 
  world.
  (6) Demographic shifts transform the global workforce.  
      COMPONENTS OF ENVIRONMENT:
      (1) Internal Environment.
      (2) External Environment.
          (A) Micro/Operating Environment.
              (a) Suppliers.
            (b) Customers.
            (c) Market Intermediaries.
            (d) Competitors.
            (e) Public. 
          
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...Importance of politics in strategic management political stability changes government regulations impact on economy campaign finance lobbying or legislative advocacy helps risk mitigation impacts organizational role competition the following are some important benefits growth business better service to customers provides opportunities for creative thinking and innovation stops complacency triggers economic identification strengths weakness potential threats raise their standards national global environment concentration synergies motivation long term developments that shaping our world emerging markets increase power green marketing is becoming a competitive advantage banking seek recovery through transformation governments enhance ties with private sector rapid technology creating smart mobile demographic shifts transform workforce components internal external micro operating suppliers b c market intermediaries d competitors e public...

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