Under What Conditions Should an Organization Consider a Global Geographic

question 40

Essay

Under what conditions should an organization consider a global geographic structure as opposed to a global product structure?

Understand the impact of strategic planning on business performance and the importance of strategic management for all organizational members.

Identify various modes of strategy-making and the advantages of each.

Understand the concept of synergy in business strategy and its effects.

Appreciate the shift towards more inclusive and organic strategy-making processes in modern organizations.

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Definitions:

Stresses

Psychological and physical strains or tensions resulting from adverse or demanding circumstances.

Problems

Difficulties or obstacles that require solutions or need to be dealt with.

Grandparent

A parent of one's father or mother, who plays a unique role in the family structure, often providing support, wisdom, and cultural heritage.

Ethnicity

A social group that shares a common and distinctive culture, religion, language, or the like, often connected by a shared heritage and ancestry.