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Problems with strategy and why strategies fail

Students evaluate why strategies fail and how planning or crisis management can help.

0

Objectives

10

Flashcards

10

Questions

90 min

Study time

AqaA LevelBusinessManaging strategic change

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Syllabus checklist

What you need to know

0 objective pages available

Strategy failure and planning2 objectives
  • Analyse difficulties of strategic decision making and implementing strategy, including planned versus emergent strategy and strategic drift.
  • Evaluate strategic performance, strategic planning, contingency planning and crisis management.

Key terms

Strategy failure and planningemergent strategystrategic driftStrategy failure and planning decisionStrategy failure and planning stakeholder impactcontingency planningStrategy failure and planning financial impact

Exam tips

  • Strategy failure and planning exam tip 1: Write the method before the answer so the examiner can follow each step. Apply this to analyse difficulties of strategic decision making and implementing strategy, including planned versus emergent strategy and strategic drift..
  • Strategy failure and planning exam tip 2: State the exact concept or formula you are using before substituting values. Apply this to analyse difficulties of strategic decision making and implementing strategy, including planned versus emergent strategy and strategic drift..

Common mistakes

  • Strategy failure and planning common mistake 1: Show the method first, then give the final answer in the required form. Apply this directly to Strategy failure and planning.
  • Strategy failure and planning common mistake 2: Name the relevant value or feature from the question and explain how it is used. Apply this directly to Strategy failure and planning.

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