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The model or plan that integrates an organisations main objectives policies and sequence of actions into a coherent whole

Corporate strategy, Competitive Strategy and Functional Strategy

The product, service or benefit provided to the customer

<p>A set of principles, beliefs, norms and commitments that give meaning to what the company stands for, what it wants to achieve and how it tries to do this</p> Signup and view all the answers

<p>It's generic purpose in accordance with the values or expectations of the stakeholders</p> Signup and view all the answers

<p>It's desired future state, what the company could become</p> Signup and view all the answers

<p>The general statements of the position to be achieved</p> Signup and view all the answers

<p>Goals that the company intends to achieve in the long term that affect the org as a whole</p> Signup and view all the answers

<p>Specific measurable goals that are designed to support the overall gaols of the company - set objectives for the different units to makes the general objectives operational</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>Value creation refers to the process of generating additional value for stakeholders, customers, and the organization itself through various activities, products, or services. It is a fundamental concept in business and economics, emphasizing the idea that successful businesses contribute more value than the resources they consume.</p> Signup and view all the answers

<p>customer satisfaction, innovation, and overall positive impact on society</p> Signup and view all the answers

<p>The relationship between the company's management, its shareholder and other stakeholders. Relates to the distribution of power among the different stakeholders</p> Signup and view all the answers

<p>Efficiency, Innovation, Quality and Customer response</p> Signup and view all the answers

<p>Exclusivity factors controlled by the company and Signage and Reputation</p> Signup and view all the answers

<p>Market Research</p> Signup and view all the answers

<p>Cost advantages that a business can achieve as a result of an increase in its scale of production or operation.</p> Signup and view all the answers