Strategizing involves creating long-term plans to achieve goals. A company's strategy is critical to its success or failure, though luck may occasionally help win competitions. For long-term success, companies must focus on productivity, quality, innovation, and customer loyalty. Universities saw enrollment decreases in the 1980s-1990s due to declining birthrates but increases since as more baby boomers had children. Demographic trends are a major factor influencing university enrollment levels.
Strategizing involves creating long-term plans to achieve goals. A company's strategy is critical to its success or failure, though luck may occasionally help win competitions. For long-term success, companies must focus on productivity, quality, innovation, and customer loyalty. Universities saw enrollment decreases in the 1980s-1990s due to declining birthrates but increases since as more baby boomers had children. Demographic trends are a major factor influencing university enrollment levels.
Strategizing involves creating long-term plans to achieve goals. A company's strategy is critical to its success or failure, though luck may occasionally help win competitions. For long-term success, companies must focus on productivity, quality, innovation, and customer loyalty. Universities saw enrollment decreases in the 1980s-1990s due to declining birthrates but increases since as more baby boomers had children. Demographic trends are a major factor influencing university enrollment levels.
Answer 1: The process of strategizing is the creation of long-term action plans to
accomplish the desired goals. The role of strategy in explaining a company's
success or failure is critical. In other cases, luck may help an organization win a competition. Competition, on the other hand, is a continuous process in which other businesses attempt to outsmart one another in order to achieve greater success. As a result, luck cannot assist an organization in achieving long-term success. The following four blocks form the foundation for competitive advantage and success: • Productivity: A company's ability to produce effectively and efficiently is critical to its success. • Quality: In order to stay in business for a long time, a company must provide high-quality products to current and potential customers. Innovation: a company must continue to try to come up with new products and services. • Customer loyalty: Any company's long-term success depends on having a large and loyal customer base. All of this necessitates deliberate efforts on the part of the organization. To achieve excellence in these four dimensions, businesses must devise successful strategies. This suggests that effective and efficient strategy development will aid organizations in their quest for success. Answer 2: The demographic forces are the most significant macro environmental factor influencing the likely level of enrollment at a university. Due to the declining birthrate after 1960, many universities in the United States saw a decrease in enrollments in the 1980s and early 1990s. Enrollment increased in the late 1990s as a result of the "baby boomlet," which happened when the children of the Baby Boomers reached their twenties. Universities have seen an increase in enrollment since then, and this trend is expected to continue over the next decade. Increased enrollments can be attributed to a variety of factors, including better work opportunities and higher wages. All macro environmental factors, in my opinion, may have a positive or negative impact on job security and salary levels for university professors. The reason for this is that the relationship between all of the variables and how they are linked has an effect on everyone's job security and salary. For instance, macroeconomic forces are directly linked to job security and pay because economic growth leads to expansion, which means more funds are available to universities and colleges, resulting in more professors and full-time professors. In 2010, when the economy was poor, universities had less money and had to put professors on furlough days. Because many universities in the United States, including CSUN, have a large number of international students, global forces play an important role in professor salaries. These students pay high fees, which allows colleges to receive more funding and pay professors higher salaries. The campus provides a high-quality education and training. As a result, enrollment in associated courses will skyrocket in the coming decade. Professors will have more job security as a result of this. Their pay will also increase. Professors and teachers, for example, must adapt to societal changes and update their services to the values, or social changes, that will be created in the future in order to expand and remain competitive.