INFORMATION SYSTEM

Information System

Information System What is Strategy?

This definition of strategy implies some sort of consciously intended course of action, a guideline (or set of guidelines) to deal with a situation.

Business Strategy formulation processes can be broken down into four stages please name them and briefly describe their role within the process.

Business Strategy formulation processes can be broken down into four stages. These stages are: improving/imitating, migrating, consolidating and innovating. It is important to note here that an effective strategy must not only seek to exploit the firm's external opportunities and internal competencies creatively. For example, migrating from a ...