FORCES AND TRENDS WK2 MBA580

Essay specific features

 

Issue:

Business

 

Written by:

Aaron P

 

Date added:

July 7, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

15 / 3983

 

Was viewed:

2822 times

 

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Essay content:

The organization must view change as an inevitable and essential part of an organization's growth, in order to achieve this adaptability (2007). However, strategic adaptability also includes planning for change and using research to identify trends in the firm’s remote, industry and operating environment...
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A firm uses forecasting to predict the future of those trends and then sets organizational objectives in response to their forecasts (1987). Next, the firm implements operational plans based upon their objectives, while monitoring the effects of their plans on those selected trends and issues. However, the must recognize the need to continuously monitor the external environment and adapt their strategy as necessary...
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