Question: explain how an organization can use five managerial tools to enhance its business growth, such as political, economic, sociocultural, technological, ecological, and legal (PESTEL), strengths,

explain how an organization can use five managerial tools to enhance its business growth, such as political, economic, sociocultural, technological, ecological, and legal (PESTEL), strengths, weakness, opportunities, and threats (SWOT), porter's five forces, balanced scorecard, gap analysis, root cause analysis, and or Mckinsey 7-S model.

with references

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

explain how an organization like Best buy use five managerial tools to enhance its business growth and excel over it competitors, such as political, economic, sociocultural, technological,...

Q:

Question: Listen to the podcast and identify 3 topics from chapters 1, 2, 3, or 5. Demonstrates that students can identify and connect topics discussed in the course with topics discussed in the...

Q:

The objective of this assignment is to write a case memo on an advanced strategic management topic related to the assigned case for the week. You are typically tasked with providing analysis and...

Q:

BUS 6320-19.01.02-1A24-S1, Global Strategic Management : Unit III Case Study This assignment utilizes a case depicting a real-life situation of which you will conduct a detailed case analysis. This...

Q:

BUS 6320-19.01.02-1A24-S1, Global Strategic Management : Unit III Case Study This assignment utilizes a case depicting a real-life situation of which you will conduct a detailed case analysis. This...

Q:

BUS 6320-19.01.02-1A24-S1, Global Strategic Management : Unit III Case Study This assignment utilizes a case depicting a real-life situation of which you will conduct a detailed case analysis. This...

Q:

This assignment utilizes a case depicting a real - life situation of which you will conduct a detailed case analysis. This will involve reading the provided case, researching the company, identifying...

Q:

2022 Student Case Competition The Student Case Competition is sponsored annually by IMA to provide an opportunity for students to interpret, analyze, evaluate, synthesize, and communicate a solution...

Q:

2022 Student Case Competition The Student Case Competition is sponsored annually by IMA to provide an opportunity for students to interpret, analyze, evaluate, synthesize, and communicate a solution...

Q:

2022 Student Case Competition The Student Case Competition is sponsored annually by IMA to provide an opportunity for students to interpret, analyze, evaluate, synthesize, and communicate a solution...

Q:

a. Display the grade for each student, based on the marks relation. b. Find the number of students with each grade.

Q:

In January 2013, Iris Corporation purchased and placed into service a 1933 building that houses retail businesses. The cost was $300,000, of which $25,000 applied to the land. In modernizing the...

Q:

What syslog severity level is used for non - critical errors that need attention but do not disrupt operations?

Q:

How will you determine what level of attainment a participant should earn for each quarter? Select one: O a. The participant will state that they know how to complete the skill. O b. The participant...

Q:

Case: Determining Training Needs at Summit Credit Union Summit Credit Union, located in Madison and Milwaukee, Wisconsin, is a small company with 366 employees. A merger in 2015 doubled the company's...

Q:

Summit Credit Union located in Madison and Milwaukee, Wisconsin, is a small company with 366 employees (some more information is given at the end of this document). A merger in 2018 doubled the size...

Q:

Case Problem THE DRAPERTON PARKS AND RECREATION DEPARTMENT'S FORMATION OF GIRLS' BASKETBALL TEAMS Each fall the Draperton Parks and Recreation Depart- ment holds a series of tryouts for its boys and...

Q:

1. Corn yield (output) response function to nitrogen fertilizer (input) is given as y = 0.75X + 0.0042X2 - 0.000023X3 Answer the following questions (Use Excel). i. In increments of 20 units of X...

Q:

Paretos rule, also known as the 80/20 rule, is one of the basic seven quality tools. Discuss the significant few and the insignificant many according to 80/20 rule for a machine where the downtime...

Q:

12. What is meant by the statement, often we do not know what the real problem is until we look at its possible consequences or solutions?.

Q:

9. What is meant by the statements: a) Experiences are different from what is experienced. b) The description is different from what is described.

Q:

11. What is meant by the statement, as observers of social reality, we are always part of this reality?.