A firm can usually serve two or more market segments with the same strategy.
According to a study by the Institute of Business Ethics, companies that do not display
ethical conduct consistently outperform companies that show a clear commitment to
ethical conduct.
Distribution becomes especially important when a firm is striving to implement a
product development or backward integration strategy.
Strategy changes may be highly effective and productive if a supportive culture does
not exist.
The best thing strategists can do is develop strategic plans themselves and then present
them to operating managers to execute.
All sizes and types of organizations can utilize and benefit from strategic-management
concepts and techniques.
Cooperative arrangements and joint ventures between competitors are becoming
increasingly popular.
It is predicted that, by 2025, over 18% of the population in the United States will be 65
years or older.
Crises and firefighting in an organization allow managers the training and time for
effective strategic planning.
The United States is getting older and less white.
A growing trend is for franchisers to buy out their part of the business from their
franchisees.