Why is astute strategic planning a must in today's
competitive business world?



Why is astute strategic planning a must in today's competitive business world?..

Answer / sivakumar

Astute strategic planning plays a vital role in the present
business world. Because, 1. Without a precise strategy no
one can run a business for a long term at present as there
are unnlimited new entrants, new technologies, new
strategies, evolved everywhere at national level and global
level. 2.For the survival of a business, to devise any
business plans, targets, etc, the strategic planning does
basic ground works. 3. It is the foundations or the pillars
of any business house at present.

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Business Administration Interview Questions

what is the responsibilities of a store manager

52 Answers   AFL, Big Bazaar, CNC, FoodWorld, Gitanjali, Reliance, Satyam, SR Industries,


how to say self introduction above 2 mints?

1 Answers   L&T, Value Labs,


Required to discuss the effective utilisation of existing members of staff

1 Answers   Cipla,


How do you plan to (a) strengthen your strength ?

0 Answers  


Management Accounting is nothing else but financial & Coast Accounting tailored to the requerments of management Defend of critical the statement give reasons

0 Answers   Stella Maris Institute of Development Studies SMIDS,






Is it compulsory coverage require under ESI for Construction workers employed in construction activities

6 Answers   CESC,


Who is the Author of"Small is Beautiful"

1 Answers  


what is the differentiate between tailormade homemade and readymade

1 Answers   Wipro,


why u choose iitm for BBA

0 Answers  


In what way declaration of non payment of interest for 90 days converting it NPA will affect the running the business?

1 Answers  


How do you plan to achieve these goals?

0 Answers   Qatar Airlines,


What is MNC ? How many types of MNCs are there?

6 Answers   answer.com, TCS, Teaching,


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)