You are on page 1of 11

What are the factors that shape a companys

strategy?
The Factors That Shape Strategy
Organizations do not exist in a vacuum. Many factors enter into the forming
of a company's strategy. Each exists within a complex network of
environmental forces.

These forces, conditions, situations, events, and relationships over which the
organization has little control are referred to collectively as the
organization's environment.
In general terms, environment can be broken down into three areas:

1. the macroenvironment, or general environment (remote environment) -


that is, economic, social, political and legal systems in the country;
2. operating environment - that is, competitors, markets, customers,
regulatory agencies, and stakeholders; and
3. the internal environment - that is, employees, managers, union, and
board directors.
In formulating a strategy, the strategic decision makers must analyze
conditions internal to the organization as well as conditions in the external
environment, which are described in the following sections.

FACTORS SHAPING THE CHOICE OF STRATEGY


Competitive Conditions and Overall Industry Attractiveness An
industry's competitive conditions and overall attractiveness are big strategy-
determining factors. A company's strategy has to be tailored to the nature
and mix of competitive factors in play : price, product quality, performance
features, service, warranties, and so on. When competitive conditions
intensify significantly, a company must respond with strategic actions to
protect its position.
The Company's Market Opportunities and External Threats The
particular business opportunities open to a company and the threatening
external developments that it faces are key influences on strategy. Both point
to the need for strategic action. A company's strategy needs to be
deliberately aimed at capturing its best growth opportunities, especially the
ones that hold the most promise for building sustainable competitive
advantage and enhancing profitability. Likewise, strategy should provide a
defense against external threats to the company's well-being and future
performance.
Company Resource Strengths, Competencies, and Competitive
Capabilities One of the most pivotal strategy-shaping internal
considerations is whether a company has or can acquire the resources,
competencies, and capabilities needed to execute a strategy proficiently.
These are the factors that can enable an enterprise to capitalize on a
particular opportunity, give the firm a competitive edge in the marketplace,
and become a cornerstone of the enterprise's strategy.
The Personal Ambitions, Business Philosophies, and Ethical Beliefs of
Managers
Managers do not dispassionately assess what strategic course to steer. Their
choices are typically influenced by their own vision of how to compete and
how to position the enterprise and by what image and standing they want the
company to have. Both casual observation and formal studies indicate that
managers' ambitions, values, business philosophies, attitudes toward risk,
and ethical beliefs have important influences on strategy.

The Influence of Shared Values and Company Culture on Strategy


An organization's policies, practices, traditions, philosophical beliefs, and
ways of doing things combine to create a distinctive culture. Typically, the
stronger a company's culture, the more that culture is likely to shape the
company's strategic actions, sometimes even dominating the choice of
strategic moves. This is because culture-related values and beliefs are so
embedded in management's strategic thinking and actions that they condition
how the enterprise does business and responds to external events.

What are the factors that influence


marketer's pricing strategies?
How much does it take to produce the product? What kind of profit margin is there?
How do we want to position the product in the marketplace? Bargain? Value?
Premium?

How do you determine whether a


company has an operations strategy or
not?
Answer . dont know if this helps, but, find out if there is an employee handbook. That
would tell you, or if your company has an HR hotline or office.....they would know
because there would be safety guidelines involved.
Why is Target a low cost strategy
company?
Target is known as a low-cost producer that?æpractices the rightkind of
differentiation and distinctive marketing communications.?æIt made its way to the
top by having good quality products at alower price compared to?æWal-Mart.

What are the Marketing Strategy for


Airline Company?
1.Identify the target market or target audience. 2.Promote what your consumers want
to buy. 3.Make yourself a trusted resource to prospects and customers. 4.Set up
professional profiles on social media. 5.Print up flyers and brochures. 6.Create a
website and publicize it. 7.Don't be too quick to get… (MORE)

Marketing strategies of Saturn


company?
Saturn started with the base of expanding the market and expandingthe brand's market
share. Saturn then attempted a wider productrange from owners GM, who bit the
bullet and allowed a full line ofcars and light trucks. The Expansion of their market
led towardshigher sales

What strategies can a company use to


grow?
There are a few strategies businesses can use to expand. Businessescan use
advertising to attract more customers, they can sell moreto their current customer base
and introduce new products andexplore new markets.

What is the process-focused strategy of


maybank company?
Maybank company aims to be a regional leader in financial servicesthrough
sustainable development. The business is conducted in a waythat enhances both short
term and long term performance.

What external factors affect marketing


strategy?
There are many external and environmental factors that affectmarketing. Some of
these include economy, government, supply lines,and consumer trends.

What factors shape the Rocky Shores?


The factors that shaped the Rocky Shores were a combination ofrising and falling
tides, and rough waves. These two weatheringfactors broke apart large areas of the
shores.

What is the segmentation strategy of a


cement company?
Akram. MBA. Extracurricular Activities (optional). Interests & Hobbies. Your name
Akram. I'm fresher by experience (v. eager to work with u). Education.
Extracurricular Activities (optional). Interests & Hobbies

What are the IT strategies for courier


companies?
Many courier companies use ICT to find extra work on web sites like shiply.com.
They tap in their current routes and the system finds them other work along that route.
This allows them to fill their vehicles and maximise their profits. Many also use
sophisticated parcel tracking systems via GPS.

What factors shaped American


imperialism?
In the classic sense, American imperialism is a myth. The US never had a policy
either stated or understood of importing cheap raw materials and requiring vassal
states or colonies to accept expensive manufactured goods, as did for example:
England. The dominance of American culture and products in … (MORE)

Is this an example of a company that


uses a defender strategy?
A company that uses a defender strategy sticks to what its good at. If you meant is
answers.com is a defender company i would have to say no. Most of this user created
content pages rely almost entirely on adverticement which is a distinctive caracteristic
of a prospector company. Take Google for ex… (MORE)
Factors affecting compensation
strategy?
The factors influencing compensation management are broken into two categories:
Internal and External Internal Corporate philosophy Corporate mission Business
strategy Human resources philosophy and strategy Total rewards philosophy and
strategy Corporate culture Shareholder expectations Corpor… (MORE)

What companies use low cost strategies?


Most companies use low cost strategies. This helps them make themost money
possible and offer the customers their product at a fairprice as well as compete with
other companies prices.

What is the Purpose of factors


influencing company marketing
strategy?
Political factors . Economic factors . Sociocultural factors . Technological factors .
Geographical factors . Cultural factors By DistPub.com

What factors affect the shape of a


molecule?
The location in three-dimensional space of the nucleus of each atom in a molecule
defines the molecular shape or molecular geometry . Molecular shapes are important
in determining macroscopic properties such as melting and boiling points, and in
predicting the ways in which one molecule can reac… (MORE)

Internal elements that shapes business


strategy options and performance?
1. The business culture 2. The business structure 3. The type of business 4.
Technology 5. The ownership of the business 6. Size of the business

What is the strategy for finding factor


pairs?
Once you have all the factors, it should be easy enough to listthem in pairs. There are
a few ways to go about factoring. You candecide what works best for you. I always
find the primefactorization first. Let's look at a random number: 108 The prime
factorization can be found by using a factor tree.…(MORE)

What are the factors in strategy?


know out the compeitor! Make ur prices cheaper then his. If u making good money
then its good. U can make it so low that the competior will get broke, then u can raise
ur price againl...

How did Athens and Sparta shape their


war strategies?
sparta's strategy was to cut off the athenian food supply by destroying crops. athens'
strategy was to avoid battles on land and to rely on sea power.

Marketing strategy of hero Honda


company?
marketing strategy of hero honda company it gives more milage seating capacity is
nice its family bike its comfortable to ride engine gives long life re sale value is high

What companies have used demarketing


strategies?
Tata Nano had used the demarketing strategy when they were short of supply of
Nano.. while the demand for the product was increasing day by day. Hence they
applied the demarketing strategy by promoting/ advertising other Tata products and
by completely stopping Nano's promotion...

What factors caused the shape of the


earth?
1. weathering . -physical and/or chemical 2. erosion . -different agents of weathering
3. mass movement . -land and mud slides 4. tectonic plate movement . -convergent
and/or divergent 5. gravity

What is shape factor in heat transfer?


A shape factor is a way for engineers to estimate the heat transfer in an idealized
situation, usually between two temperature potentials. The temperature potentials
don't change in time, so it is assumed steady state. There is no internal variation in
each temperature potential. This is useful when… (MORE)
Is Facebook a functional level strategy
company?
What is the functional strategy of the facebook ( Marketing or financial strategy ) i
don't know if the functional strategy mean the marketing or financial any helps plz

What strategy do you use to find


factors?
Assuming you want all factors of a number: 1) Split a number into prime factors. 2)
Combine the prime factors in all possible ways. To get the prime factors, you can
systematically try out dividing the number by prime numbers, up to the number's
square root (once the square of the prime number you… (MORE)

Why do companies use labor intensive


strategies?
Because, investment in Fixed cost (machinery etc) creates leverage...labor can be
hired and fired when needed.

Which companies use a prospector


strategy?
What i know about prospectors is that are looking for opportunities as ikea and apple
ikea is producing furniture that can be used in defferent way and saving space easy to
use and easy to assemblage and dsassemble by customers themselves

What are the factors that determine the


shape of a volcano?
\n. it is due the the viscosity of the magma, if the magma is less viscous, volcano
formed would be a shield volcano, if the magma is viscous, a stactovolcano would be
formed

How does the company Caterpillar use


transnational strategy?
Caterpillar, or CAT, is an American construction equipmentmanufacturer. They sell
products and services to help customerssucceed and create a more sustainable world,
hold superior results,and consistently reward stockholders with their
financialperformance.

What are the factors affecting the


industrial relations strategy?
Proper industrial relations help you to run your company in an efficient manner. You
can maintain morale among your employees with the right kind of industrial relations.
Industrial relations are more of an art than a science, balancing a number of factors to
get the right relationship between capit… (MORE)

What factors affect the shape of the


molecule?
You determine the number of bonded electron pairs and lone pairs around the central
atom. The shape of the molecule is determined by those numbers, and i don't believe
anything else..

What are the factors affecting HR


strategy implementation?
its affects of the economic, political and environmental condition all these are affected
the human resource and strategies of the company

What is the former name of the


company Triad Strategies?
Triad Strategies was founded in 2002 after a merger of W.A. Hawkins Associates and
Sellers, Feinberg & Associate.

How competitive forces shape strategy?


While this is going to vary by the type of competitive force you're looking at,
generally speaking competitive forces shape strategy by throwing an additional batch
of variables into the business environment. When a customer can choose between two
companies with different products and reputations, i… (MORE)

What are factoring companies for?


They are used to find lower rates and to make money. They want to spend very very
little, to be able to make a lot. It's all about funding, and doubling/tripling your money
in a short amount of time.
What are companies that uses a dodger
strategy?
Local companies use a dodger strategy when there is high competition from the global
market. These companies can set up a joint venture to work with their competition
instead of competing with them directly. For example, US auto company Ford and
Japanese auto company Mazda share the Michigan site to… (MORE)

How does the communication strategies


affects learning in your company?
There are several types of strategies to effective communication. Every person is
different, and as such, every person has different ways that they learn. If a manager or
supervisor is not an effective communicator or employs a communication strategy that
does not work with his or her employees, tho… (MORE)

Where is the company Strategie located?


The company 'Strategie' is located in Germany. One can find information as to the
exact nature of what they do on their official website although it is in German.

Why is it important for companies to


formulate new strategies?
We live (as you have probably noticed) in a rapidly changing world. It is generally
necessary for companies to formulate new strategies in order to adapt to new
conditions.

What factors affecting the shape of


molecules?
The factors affecting the shape of the molecules are the bonded eand the lone pairs of
electrons

What do the Growth Strategy Company


do?
The Growth Strategy Company supports other businesses to ensure they maintain
sustainable growth. They try to deal with long-standing problems in new and
innovative ways, and their professional staff have expertise in all areas of new
technology and business practice.
Where can you learn about company
risk strategy?
One can learn about company risk strategy online at various websites. One can learn
about risk strategy at websites such as Risk Strategies Company and ENISA.

What companies specialize in brand


strategy consulting?
Marshall Strategy and Dexigner are the top two listed companies specializing in brand
strategy consulting. Other companies also specializing in brand strategy consulting
include K2 Brand Management Consulting Agency and Sustainable Brands.

What are strategies for finding factors


and multiples?
It would help to have a few specific examples as I am not sure howmuch depth you
want to go into. To find all of the factors of a big number, I find the square rootof that
number and round down. Then all factors must be equal to orlower than that square
root. eg To find the factors of 1200, the squa… (MORE)

What are different strategies for finding


factors of a number?
Try dividing it by small prime numbers. - 2 is a factor of an even number. - If the
digits add to a multiple of 3, then the 3 is a factor. - If the number ends in 0 or 5, then
5 is a factor. - Try dividing by 7, 11, 13 etc. if none of these work.

Does a company need a contingency


strategy?
Absolutely: All business have have a business plan. The plan isbasically a road map
of how it intend functioning over the nexttime period. The plan is reviewed regularly
across a year to see ifthe business is on track to meet it aims at year end. Plans
canvary from 1 your to 5. Within all plans shou…(MORE)

What strategy can i use to find common


factors?
You can list them. The factors of 36 are: 1, 2, 3, 4, 6, 9, 12, 18, 36 The factors of 42
are: 1, 2, 3, 6, 7, 14, 21, 42 The common factors are: 1, 2, 3, 6 The Greatest Common
Factor: GCF = 6

How did Athens and Sparta shape war


strategies?
In Sparta, the two kings were the war leaders, and the conduct ofwarlike operations
was determined by them in conjunction with thecouncil. In Athens there were 10
generals, one from each tribe, whowere charged with the conduct of wars after the
Assembly haddetermined to engage in war.

You might also like