Sep 18, 2018 - Note: This OpenStax book was imported into Pressbooks on September 28, 2018, to make it easier for instructors to edit, build upon, and remix. Introduction to Business stands apart from other entries in the market for its ability to make the fundamentals of business understandable, functional, and relevant to students with little or no business background. It contains key points, tables, and illustrations from the textbook. Downloadable pdf files contains numerous slides for each.
• Assessing the organization’s internal capabilities and how well it can respond to external forces. • Assisting with the definition of the organization’s strategy. • Aiding in the implementation of the organization’s strategy. Chapter 1 - This is a new strategy model first published in 2013 and helps you to develop a strategy that suits the needs of 21st century organizations. It consists of five steps that as you work through a clear strategy, from the top-down, will appear of how your organization should operate in the future. Chapter 2 - Often referred to as ‘Strategy Diamond’ because of how its five elements are often visualized this strategy model is very adaptable.