Explain and discuss in some detail why a company's strategy is really a collection of strategies.
Question:
Explain and discuss in some detail why a company's strategy is really a collection of strategies.
Organizational Strategy
Organizations create strategies to guide the operations and execution of business in an effort to accomplish goals. A strategy is typically a long-term plan that aims to secure the future state the company desires. Strategy components are vast and can vary company to company.
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Chapter 5 / Lesson 3The method of an organizational structure dividing, grouping, and coordinating tasks is composed of different elements. Explore why structures differ, cost minimization, innovation and imitation strategies, and ways organizational structures change.