This week, I learned some of ways in which organisation can respond to changes in their external and internal environments.I think the method of SWOT analysis is to take the information from an environmental analysis and separate it into internal (strengths and weaknesses) and external issues (opportunities and threats). On completing this module, you will be able to demonstrate and develop knowledge, understanding and capability to analyse key international operations and supply chain contemporary issues and challenges and use relevant strategies, tools and techniques to address them in any business globally.
Bargaining Power of the suppliers: This is nothing but the dependency of your business to a supplier, that is, if you have lesser suppliers, the more you are dependent on them, making them more powerful, the more suppliers you have, the bargaining power of the suppliers weakens as he know that you have a variety and you can switch if he doesn’t give you a good offer.
On those terms it cannot have a pre-modern history, only harbingers (such as stewards ). Others, however, detect management-like-thought back to Sumerian traders and to the builders of the pyramids of ancient Egypt Slave-owners through the centuries faced the problems of exploiting/motivating a dependent but sometimes unenthusiastic or recalcitrant workforce, but many pre-industrial enterprises , given their small scale, did not feel compelled to face the issues of management systematically.
This module aims to present a broad and integrated view of strategic management in organisations; to outline and offer a range of critical perspectives on key concepts of strategy; to introduce generic strategies at the corporate, business and functional levels; to provide a range of analytical models and concepts that can be applied in assessing the strategic capability of an organisation and the environment in which it operates.
Purpose: Managing within the new economy to obtain a competitive advantage, the changing role of the operational manager, operational planning, organize operational resources, monitor and control operation resources, operational decision-making and problem-solving, teams and performance, self management and industrial relations.