Chapter 1.docx

3 Pages

Management Studies
Course Code
MGST 391
Ahmad Ali Sohrabi

This preview shows page 1. Sign up to view the full 3 pages of the document.
Chapter 1 : Objectives of Organisation Introduction to Strategy Strategy: “ Course of actions, including specification of resources required, to achieve a specific objective” Influences on /Determinants of Strategy:  External o Society o Organized groups  Nature of business o Market situation and conditions o Products of company o Technology used  Organization’s Culture o Organizational system and structure o Leadership style o Organization’s history o Organization’s founder  Stakeholders’ powers (mapping) and Internal coalition  Economic objectives  Social responsibility Environmental conditions affecting Strategic Planning: 1. Resources (mineral) 2. Disaster 3. Logistics 4. Government Environmental Management Accounting is a solution: examples are 1. Eco – Balance 2. Cleaner Technology 3. Lifecycle assessment 4. Performance appraisal 5. Budgetary planning and control 6. Corporate liabilities (a factor in PERT) Characteristics of Strategic Decision: Scope: Overall long-term direction. Matching:
More Less
Unlock Document

Only page 1 are available for preview. Some parts have been intentionally blurred.

Unlock Document
You're Reading a Preview

Unlock to view full version

Unlock Document

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.