Study Like a Boss
On the Basics In lecture we have discussed that strategic management is an evolution and a destination. What I believe this means that in order to obtain a strategically managed company the thoughts of evolution and destination need to me kept in mind and acted upon. For example, there are phases to reaching strategic management. … Read more
Chick-fil-A is the highest ranking fast food restaurant in the country for customer satisfaction, according to an American Customer Satisfaction Index Restaurant Report. Chick-fil-A leads the industry in customer satisfaction; employees at Chick-fil-A are the most likely to say “please” and “thank you,” and to smile at drive-thru customers. What’s the reason for Chick-fil-A’s success? … Read more
The inability to accomplish achievement advancements while additionally making enduring enhancements to a current business is so ordinary, thus entrancing that it has turned into a battleground of administration thought. For a considerable length of time, researchers have spun speculations to clarify the perplex and offered guidance on the most proficient method to unravel it. … Read more
PEST analysis describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. It is a strategic tool for understanding market growth or decline, business position, potential and direction for operations. PEST is an acronym for “political, economic, social, technological. In other words PEST basically stands for Political, Economic, Social and … Read more
