Tag Archives

What is Triple Bottom Line of a Business?

When it comes to "bottom line" of a business all what we recall is the profit of an organization and now new concept introduced called "triple bottom line"

4C model of Situational Analysis

At the initial stage of strategic management process company needs to identify its current position and this is called as "situational analysis". (Refer the …

The Great Person School of Thought of Entrepreneurship

School of thought is the way of thinking about a subject matter and for a certain subject matter there can be more than one school of though. Entrepreneurship …

A New Model on Strategic Management

Strategic Management is the process by which the organization identifies its desired level of performance and developing/executing an action plan to achieve …

Strategic Management vs Operations Management

Strategic management is the process of understanding the business environment, developing the desired state of performance and implementing strategies to …

Challenges to Strategic Management

Strategic management includes strategic planning, implementation and review/control of the strategy of an organization. All most all the modern organizations …

What is Entrepreneurship?

Entrepreneurship is defined as the process of making money, earning profits and increasing the wealth while posing characteristics such as risk taking, …

What are the Benefits of Strategic Management?

Strategic management includes strategic planning, implementation and review/control of the strategy of an organization. All most all the modern organizations …

What are the Characteristics of a Good Strategy?

Strategy can be defined as a means to achieve desired objectives of a firm. Managers are responsible of making the strategy for the organization and they wish …

What are the Basic Functions of a Manager?

There is a management/manager for every business and business activities. Depending on the size of the organization there can be managers at functional level …