Health Sciences 3290A/B Chapter Notes - Chapter 1-10: Monopolistic Competition, Bargaining Power, Operations Management
22 Jul 2015
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Disclaimer: these notes get significantly shittier as you progress through the chapters because i got extremely bored with it. It also does not include chapter 15, i would still suggest reading the chapters if you have time. Chapter 6: for a company to have success it must have, well directed and postioned strategy, efficient and effective tactics execution o. In its most basic form, business strategy is all about understanding what opportunities exist in the marketplace and which ones should be pursued o: the development of a business strategy means making decisions in 6 key areas, purpose. The missions of organization and the vision of its managers: mission fundamental purpose of business, vision statement defining what a company wants to become, markets. The sector(s) the business is competing in: products and services. Review of current products/services offered and potential new ones. Determine if a product/service should remain part of the company portfolio: resources.
