What is the most preferred planning mode of strategic decision-making for organizations competing internationally? Advanced economies are
Question:
What is the most preferred planning mode of strategic decision-making for organizations competing internationally? Advanced economies are emerging from the worst financial recessions in modern times. Many developed nations have implemented austerity measures to adjust the deficit caused by massive spending during the years of cheap and available credit facilities. New industrial policies are also implemented at national and regional levels to police banks and financial institutions as measures of avoiding further economic problems in the future. The austerity measures and policy changes have forced industries and business practices to change. How do you think these act as strategic change stimuli?
Step by Step Answer:
Strategic Management And Business Policy Globalization Innovation And Sustainability
ISBN: 9781292215488
15th Global Edition
Authors: Thomas Wheelen, J Hunger , Alan Hoffman , Charles Bamford