BU111 Study Guide - Cash Flow, Money Supply, Iphone 6
19
BU111 Full Course Notes
Verified Note
19 documents
Document Summary
For each of the critical success factors it is important to ask: Buzz words: financial, need, quality, innovation, employee and competitive advantage: achieving financial performance, comparisons against competition in the industry (cash flow, net income year to year, growth b. If you are not encouraging innovation and creativity how are you going to build the quality services that your customers need then you will not achieve financial needs. Helps with strategic analysis by showing how all parts are interconnected. Tell if you strategy makes sense (does it fit with other components) Each of these links can be in alignment or not (if it is not the strategy may not be possible and you will not be successful) Alignment needed for the strategy to be a) possible and b) successful. Why is the strategy environment link important: if your strategy is not in line with your environment then you will not be successful, need to be meeting customer needs,
