BUSI 2400 Chapter Notes -Multiple Choice, Customer Service, Business Process
5 Jan 2015
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Document Summary
A business strategy is key when dealing with numerous tasks. It systems need to be aligned with what the company does well, otherwise it will. The values represent statements about how it achieves its mission. The purpose of the organization can be defined as where the vision, 4. values, and statement meet to create opportunities. A broad-based formula for how business is going to compete, what its goals should be, and what plans and policies will be needed to carry out those goals. attributed to forces that define that industry. The intensity of competitive rivalry in an industry or service sector can be. It can be used to: more favorable. identify appealing (and profitable) industries in which to enter identify opportunities to manipulate and alter the forces within an existing industry to be: threat of new entrants justify entry. consumers to switch to a new competitors product.
